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Bearish Calls Monday, July 14th
By admin | July 15, 2008
Encore Wire Corp (WIRE) — “This is a problematic one. They are buyers of copper. I think copper is going much higher. Don’t want to own them. Don’t want a link to residential wiring in a housing crisis.”
Statoil (STO) — “Decline in North Sea oil; they are running out of oil. We want to be in natural gas. This company is losing oil and will lose you money as a stock.
Quest Diagnostics (DGX) — “I don’t like this as much as LH. Swap to that.”
Topics: Stock Picks |
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