Friday, May 18, 2007

Western Union Co. (WU)

WU's earnings just came out and they lowered guidance because of less illegal immigrant activity. This was pretty obvious as it was the subject of the State of the Union. However, the company itself is awesome. It's just a hot IPO. The stock hit 24 earlier this year and I wouldn't be surprised if it hit it again in the next 6 months.
Holding duration: 2 earnings reports
Expected return: 11%
Risk: low

Tuesday, May 1, 2007

I was right: VIAC

On Monday, April 23, I advised to short VIAC. Today, VIAC fell 10.7%. If you shorted it at 6.5 like I said, you would have made a cool 14%. Not too bad for a week's work. What will happen now? I can see the stock falling below 4, but it won't be as abrupt as this move. That would also be an excellent time to pick it up - around 3.5-3.75.

I don't monitor that many stocks, so if you want me to look at a stock for you, just ask! I'd be glad to check it out. Moreover, I am always on the look out for bargain buys.