As part of a general defensive shift, Nathan Slaughter, Editor of Scarcity & Real Wealth, recommended his subscribers place stop losses on many of their positions Friday, including three stocks recommended in the Investment Digest. Slaughter recommends subscribers place a stop loss at $66.50 on Ashland, Inc. (ASH, $68), recommended by Scarcity & Real Wealth in Investment Digest issue 717, dated April 18, 2012, at $63.46.
He’s locking in gains in Rockwood Holdings (ROC, $43), recommended in Investment Digest issue 708, dated November 30, 2011, at $41.29, with a stop loss at $41.75. Finally, Slaughter advised subscribers to place a stop loss at $29.50 to protect their 47% gains in Gulfport Energy Corp. (GPOR, $32), which was recommended at $22.45 in Investment Digest issue 704, dated October 5, 2011.