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Bearish Calls

By admin | August 20, 2008

Talbots (TLB) -- “Urban Outfitters and TJX are better retail stocks. Why reach down to Talbot’s. Take profits on Talbot’s. Sell, sell, sell.” Vale (RIO) -- “This is a commodities bear market. This stock has done nothing but come down. I personally feel there is some real value here. I don’t want to get rid of it but Vale is a “don’t buy.” VeriSign (VRSN) -- “Didn’t like the quarter. I got enough problems. They didn’t deliver the numbers. I do not trust VeriSign.” Whole Foods (WMFI) -- “Another bad quarter occurred. Since they lost the dividend things have changed. I can’t get behind Whole Foods, he said. Sell, sell, sell.” Tesoro (TSO) -- “I don’t like these refiners. Refiners can’t be owned right now. Don’t buy.” US Steel (X) -- “I am waiting for steel to break in price.”

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