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StocksandBlogs.com

As Commodities Fall, Tenaris Remains in Doubt

I feel sad going neutral to negative on Tenaris (TS), but I believe it is time to take profits. My recommendation back in June has realized readers a gain of 38%, not including dividends and I would like to close the chapter on this stock while profits are still in tact. Frankly, I am surprised the stock has kept up in the face of falling commodity prices.

-- Faisal Laljee
Full Disclosure: I do not own any shares of TS but my position can change anytime without notice.
Published Tuesday, January 09, 2007 9:09 PM by Faisal Laljee
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The above content is provided for educational and informational purposes only, does not constitute a recommendation to enter in any securities transactions or to engage in any of the investment strategies presented in such content, and does not represent the opinions of Zecco or its employees.


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StocksandBlogs.com
StocksandBlogs.com provides stock tips, equity research and markets commentary. This site will give you investment ideas that you can apply to your financial portfolio. By sharing my money making stock tips and research, I hope I can help you manage your wealth better - whether you are a long-term investor or looking for a quick trade, a bull or a bear. From Wall Street to Walmart, Commodities to Foreign Exchange, you will find it all here. My name is Faisal Laljee and you can email me anytime at flaljee@mail.stocksandblogs.com

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