SOTD

My Stock of the Day is True Religion (TRLG). I have feature this stock in the past, and traded it profitably as well. Unfortunately, I have not been involved in the latest rally.

Yesterday there were reports of recent insider buying, and the stock broke out. Today, the stock has added to those gains in a big way. It also got upgraded to Buy at a small firm called Sterne Agee with a $23 price target.

The stock is up 13% today, on hugh volume, and has risen more than 24% this week alone. So much for the so-called 'denim glut'.