Wednesday, February 27, 2008

FWLT and IMA - Sell or not

I still don't understand how FWLT missed earnings expectations. I'm still digging. It could be a good signal - business is trong, available expertise is tight, and deadlines were not met. Or it could be bad.

IMA - This is now in panic mode. Instead of a major gain we are now in loss territory. I think there will be some recovery in 1 quarter, so we will exit but not while folks are panicking.

Now, that being said - neither of these two would have affected us if we had STOP loss limits in place. So shame on me for not re-instating them

STOPs will be announced for all stocks today.

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