GIL: KM Covering

04/27/10 12:43PM EDT

GIL: KM Covering

Keeping a trade a trade. We have longer-term concerns about this business, but the company has 2 more good quarters ahead of it before that matters. But Keith shorted as it was overbought with high expectations and cotton heading higher. Now it is holding TRADE line support of $28.61. We'll revisit at a different time/price.  

GIL: KM Covering - GIL

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