Labor Ready

LRW

Company. "Labor Ready is the nation’s leading provider of temporary manual labor to the light industrial and small business markets." (company website)

Buy. I bought LRW last June after the price jumped on very heavy volume. I bought additional shares in July. Since then it has been in the doldrums, being very sensitive to the economy and the jobs picture. With recent improvements in the economy and jobs, the price of LRW has climbed nicely.

Sell. I decided to sell today to lock in some nice profits on LRW. The market is spooked today, presumably because of an unexpected spike in inflation, and I'm concerned that people may figure out that the economy isn't as strong as everyone thinks it is and LRW will go back down again.