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mardi 26 octobre 2010

UPDATE MB

WOW! another great day today.

As expected MB is on the move and we could face some resistance up to 0,65. Then thereafter, the level will be be 0,72 then over 1$

I results from Q3 are anything over 120M$ in sales, get ready for a huge jump back in the $ range. If saes are lower than 105M$ expect a pull back from where it will be on november 4th (the day prior the results).

If you are a short term investor, the best way to play would be to take your profit (25-40% sale of what you have) if you do not think they will make it to 125M$ in sales the day before reults are announced (being Nov 4th).

To me they will get over 125M$ and will stay as a long on MB.

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