Thursday, April 28, 2005

PIR & HAWK updates - going down down down


PIR

I remember talking about PIR earlier and things are pretty much turning out as I expected. Actually, I am a little surprised that PIR has not done better given that Warren Buffett's company owns some of the equity. Well, maybe I am right about the Target theory (you can buy the same crap in Target... at a lower price.)



HAWK

Remember, I spoke about the bearish divergence? The stock is sinking, which is not surprising. The stock just did not have the power to move it forward. The institutions came in but even they could not move this puppy up. It was good that I sold...

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