Locked in some gains in LAKE ($10.03)
The GeoTeam has locked in some gains in its LAKE position. In our 9/15/2014 call to action we stated we were taking a speculative position in LAKE when the stock was trading at $7.00 based on the U.S state department’s bid for 160,000 protective suits for the possible handling of the Ebola virus. On 10/1/2014 when the stock was at $7.98, we once again mentioned we were long LAKE and possibly watching for trade opportunity due to the announcement of the first case of Ebola being diagnosed in the U.S. We are still long LAKE and will look to unwind more of our position if shares reach around $12.
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