S&P release half hour ago causing stock to trade down...
with a 12 month price target of $8.50-ridiculous-look at JBL posting bad quarter and trading near $23. S&P makes its money from Institutional investors, and I suggest you do the opposite of what they say.
This quarter was Big for Celestica, and I am expecting it to trade up above $9 before next quarter numbers so who will be right me or S&P who says $8.50 in 12 months?
Tale of the tape says S&P bashed CLS down to below $8 a few weeks ago so that its customers could load up........I am right here we are well above $9 and more than 10% above S&P annual target so be careful they come out and bash again if their customers UNload so that they can get in around $9. I hate to say that, but that is how this thing works.
Latest BUYS of mine: 7K BRCD shrs at $5.73 this a.m. looks good below $6 with a nice pop today. I bought 700 CYH yesterday with nice pop today and will add if it falls back. I bought 4K THC and 2K HMA today based on CYH action. That is the way to win at this Casino......I'm MOSTLY in sectors that shouldn't be affected by OIL: Energy, Reinsurance, HMOs, and now Hospitals with CYH yesterday, HMA/THC today, I'm also holding Bank stoks.