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Preventing Piggishness

Cramer is ready to take profits in a stake that has done well.
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Dear Action Alerts PLUS Subscriber,

I feel like I'm being piggish holding 25,000 shares of JDS Uniphase (JDSU) . I'm looking at a 30% gain here at $3.91 a share, but haven't booked any profits on this stake yet.

I'm going to sell 5,000 JDSU shares after you read this, which will take my cash position back up toward $100,000.

Regards,

James J. Cramer

DISCLOSURE: At the time of publication, Cramer was long JDS Uniphase.