New Name
- Posted by UpsideTrader
- on May 12th, 2009
MTB
I had this name on the old blog as a buy at 42.50, many made a killing as it ran to $60. It is setting up for a short around 48.50, that’s my trigger. I can see 45 then maybe 42. Always sell half at first targets, if not entire position. The idea is to pocket profits. Of course a downtrend in the sector would help.
Here is the buy recommendation back in March.
Follow @upsidetraderThe information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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Joe was on Wall St, for twenty five years and his career took him to the retail, institutional and capital markets... More »
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