BUY TO COVER WFR ( MMEC ELECTRONICS )

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Our insight regarding production glitches hit the bull’s eye when the company reported earnings and the stock dropped as much as $15 in the after hours.

Our insight in advance of covering in after hours also hit bull’s eye as even large sizes could be covered in thirties around $38.

The reasoning behind our opinion to cover after hours was based on Wall Street’s love affair with this stock. Today several brokers recommended buying and the stock moved to low forties.

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