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Premium Trading Alert: Uroplasty Inc. (UPI)

|Includes:LNET, Uroplasty, Inc (UPI)
In Wednesday's Premium Breakfast Digest Newsletter we discussed three potential trades, two of which met our 'buy' criteria giving off an entry signal. Premium Subscribers were given a $4.02 entry on shares of Uroplasty Inc. (NASDAQ: UPI). The price rallied to the upside posting a close at the high on the session, $4.27/share, gaining 7.29%. Strong trading volume amid encouraging price movement points to the possibility of further upside. We've set a preliminary price target at $4.99/share, or a potential gain of 17% from Wednesday's close. Meanwhile, Premium Subscribers are already sitting on a gain of over 6%, poised for an upside of over 24% if our price target is met.

We've adjusted our 'stop' price to support at $4.14 in order to hedge risk and lock in profits in the event that the market turns to the downside.

Wednesday’s Premium double-bottom bounce play, LodgeNet Interactive Corporation (NASDAQ: LNET), posted a strong close on Wednesday, after seeing weakness in early trading. We’d like to commend those who responded to our suggested pull-back entry, as the price tested support. Our ‘stop’ price has been adjusted to $3.31/share, after which we would anticipate $3.38 to act as a pivotal supporting level, should the price head to the upside. Significant resistance lies ahead at $4.05, a potential upside of 23%.

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Don’t wait and miss our next premium trade alert. In July we helped Premium Subscribers to over 187% in total gains.

Stocks: UPI, LNET