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MMM 3M Co. +32.5%
Initiated 7/8/11 $95.93 - Target 12/22/11 $127.14
Closed $80.97 12/22/11 4:01 PM
Today $111.57
Made -15.6% Consider this Stock
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Harvey Dentist
Columbus, Ohio
User since Apr 2011
No coverages - Go to Blog
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Diversified and innovative, 3M quietly moving us into the future
The original initiated price of this coverage was $97.26. Over the time span of this coverage, the underlying security paid 2 dividends, comprising 1.4% dividend income.

I recently read an article about the MMM  system that will be used for St Paul public libraries.  They Acquired advanced chemicals and technology ( http://www.businesswire.com/portal/site/3m/index.jsp?ndmViewId=news_view&nd... ) giving them exposure to the aerospace market.  MMM has came a long way since "post it" notes, and is preparing for the future.   A robust graphics dept.  They even did a lil trade with ALIF grabbing some of the great technology from a decent company with a crappy stock.  3M's Twin Axial Ribbon Cable, SL8800 Series solution was announced as a recipient of R&D Magazine’s 49th Annual R&D 100 Awards.  This stock has run up big recently so there is a good chance we may see a dip to 95.00.  But if the MMM cloud expands to more public libraries we may see institutions chance this name as they have underperformed the market the last quarter or so.  I wanna grab some MMM as soon as i can and stay long.  I'll probably put some in my IRA when i get some more Capital soon.  I just gotta make sure i get some of this before the football season, cuz they sell a lot of tape too.

 
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What People Are Saying...
Josh Warner-Burke said at 7/22/11 10:39 AM
3M could be a good stock in a diversified portfolio I'm sure, but I don't see it moving 30% by the end of the year. It's just not that kind of stock.
Josh Warner-Burke said at 7/22/11 10:42 AM
Here's a corporate presence for the E-book lending solution Harvey's referring to. http://solutions.3m.com/wps/portal/3M/en_US/3MLibrarySystems/Home/Solutions...
Harvey Dentist said at 10/7/11 9:21 PM
you sure about that look how far down it moved .. it could move up that far also ..
MMM $111.57 -1.40 (+0.3%)
 
 
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