May 02, 2006
GPS Trend update
Most of my favorite GPS stocks have had an incredible run since I started writing about them over the last 5 months. Lately, I have been taking partial profits .
A few days ago, Navteq blew up their stock by missing their quarter . The stock is no longer in an upward trend by any measure but one that I had nibbled on and now have a loss.
It should rise, but I am a seller. I am following this story though and expect this stock to recover.
Lojack is out on with earnings on May 5th and I am unsure of their ability to keep growing so fast focused solely on car dealers for their growth. Their sales strategy carries greater concentration risk and this stock could go down big on an earnings disappointment.