Monday, April 23, 2007

ViaCell (VIAC)

There are two stocks that I can talk about today – Administaff (ASF) or ViaCell (VIAC). ASF had a 15% fall today after it lowered earnings guidance. I would say that the drop is justifiable – however, I think that the company’s business model will pull it through its recent problems – look to pick up the stock around 30 or before its earnings report on May 1. In contrast, VIAC’s recent rise from 5 to 6.5 on no news is not so justifiable. My pick of the day is to short VIAC. I believe that the earnings report on May 1 will quicken the inevitable fall.

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