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Non-Tech : Bill Wexler's Trading Cabana -- Ignore unavailable to you. Want to Upgrade?


To: cubsfan who wrote (5448)5/10/2009 8:44:48 PM
From: RockyBalboa  Respond to of 6370
 
It should be a sound position; news are getting worse

news.yahoo.com

I believe that Deutsche Bank upgraded the stock on an unfounded basis. When reality sets in, the stock could test its lows; and I will remember the analyst´s name as one who is working the book but not serving the public investors.



To: cubsfan who wrote (5448)5/11/2009 8:10:37 AM
From: RockyBalboa  Respond to of 6370
 
When the Wheels Come Off

MONDAY, MAY 11, 2009
FEATURE

By Jay Palmer

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LIKE A VOLCANO THAT IS SPEWING LAVA BUT HASN'T fully erupted, the biggest threat to the global auto industry is seething ominously. It is the possibility that plant shutdowns by Chrysler, General Motors and other car makers will touch off a cascade of failures among parts suppliers.

Many investors, however, appear to be shrugging off the danger. A number of the suppliers' shares have scored big gains since the bull returned to Wall Street in March. Given the uncertainty, anyone who has made a sizable gain in this group might want to pull some chips off the table.

Chrysler, which ...



To: cubsfan who wrote (5448)5/11/2009 10:37:05 AM
From: RockyBalboa  Read Replies (1) | Respond to of 6370
 
covered half at 3.00 for a better than 25% gain. But I will rebuild the position if it does not bounce.