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Валгрин Ко. Message Board

  • negfeedback2000 negfeedback2000 Nov 10, 2003 12:26 AM Flag

    StockPickReport.Com research suggests WAG's price may move higher than the "open price" the day this rating was initiated. However, we believe that the WAG's upside is limited at these levels. This analysis is based on short-term stochastic and "relative strength" indicators. With StockPickReport.Com's "Weak Buy" rating, stochastic and "relative strength" numbers may agree, but not in all cases. Investors may find that the window of opportunity for a move higher is close to a short-term end. We believe that targets should be conservative at best at these levels. Stop/losses should be tightened as well. Trading volume seems to be falling and WAG's closing price moved up during the week before this rating was initiated.