Judy, I am not jumping in WFR yet, since once I do, that will be for a long ride rather then those raids I am doing right now. I surely did not expect WFR to reach the 6' when I said last November that by this October we will have a chance to get it at 10 or so. I still think that this stock has in it the 80's the time table might have to be stretched because the recovery of the semis might be delayed another two quarters, I really do not know how far down the abyss Japan is going to jump, but they surely seem to be bent on committing economical harakiri and bring the rest of the world down with them.
WFR is selling at under 50% of book, and a very solid book IMHO, the replacement value of WFR is probably three times what the current price is, if not more. But, bear markets have a way of providing unusual bargains.
As for NVLS, my sl is just under the year low, less than 10% from here, and mu target is between 36 to 42, this is a very volatile stock and if it catches fire it can go 4 buck a day (up and down <VBG>).
Zeev
Zeev |
