APC will go UP
$64.00 on 9/28/08
$70.71 (15.35% from time of market call)
I'm liking Anadarko here for a trade back to the $64 level. I think our best opportunity to get in was yesterday when it dipped closer to $60. With that said, I would use the $60 level as a stop-loss range. You could initiate a position here, if it dips toward 60, add. either way a rally back to 64 is eminent.
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