May 21, 2012

ANSWER TO THE FACEBOOK (FB) QUESTION

This post was just published on ZYX Buy Change Alert

From the emails received, it appears that a large number of subscribers are holding FB long from this morning’s post that recommended buying it at $33.52.   The most frequently asked question is about a stop loss.

As of this writing the stock is at $34.75.

We do not recommend trading this stock without a stop loss.  Aggressive investors may consider a stop loss in the zone of $32.48 to $32.73.

The first stop hit at $33.68.… Please click here or the title below to read more.

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MORE ON LOW

This post was just published on ZYX Buy Change Alert

LOW reported lousy earnings this morning.  The stock is down about $3.  However,  the housing market is recovering and this summer remodeling market is likely to be strong.  This big down move is likely to turn out to be a short-term buying opportunity.

Temporarily no stop zones.

This trade is for aggressive investors only.  Target is $28 to $30.… Please click here or the title below to read more.

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