Monday, March 31, 2008

Quick Update

Wet Seal (WTSLA) continued its upward move today. Shares popped another 6% on strong volume of 4.1MM shares after Cowen & Company upgraded shares to Outperform citing "increased confidence that significant operational changes and cost cutting initiatives under the leadership of the new management team can fuel earnings per share upside even amid a challenging retail environment."

Altria spin-off is complete, and so now I've got Altria shares (MO) and Philip Morris International (PM) shares.

I was tempted to add more EMC at current prices, but I am holding back for now.

No comments: