Wednesday, February 20, 2008

Chart - what to do?


What shall I do with this counter? (Chart from Bloomberg)

Just came out with good 4Qs aftermkt yesterday, decent value, good company etc... but has moved a bit... about 50% (!!!) from that spike down at the end of Jan. Liquidity not an issue - buy half of it today and the balance over the next few days if there's a pullback?

Or wait for a pullback and a better price? Or whack it all in right here, right now and ride the trend?

(I don't have a position in this company)

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