NEW BUY ZONE ON SAN $SAN
This post was just published on ZYX Buy Change Alert.
SAN is falling along with the Spanish market.
The Plan
SAN is a very long-term position and the plan is to accumulate on bad news. Currently 25% of the full core position size is being held, so there is plenty of room to add to the position.
However, there is more room for the stock to fall. We would want to add on two potential negative events as they will provide us with great prices. First, if the prime minister Mariano Rajoy is ousted, and the second if no party gains majority in a new election.… Please click here or the title below to read more.
February 4, 2013