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.

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