The Arora Report

10% RETURN ON $SLM AND 5% ON NNI IN ONE DAY,

June 18, 2009

Per earlier post we exited 50% NNI position at $9.40 and tightened the stop on the rest. The stop hit at $9.60 giving us an average buy to cover price 0f $9.50. The return is 5.94% or 2168% annualized

Per earlier post, we exited 50% SLM at $8.00 and tightened the stop on the rest that hit at $8.12, giving us an average buy to cover price of $8.06. The return is 10.92% or 3980% annualized.

NNI, SLM

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