Wednesday, November 14, 2007

DAKT Crushed; Any Strength Should Be Shorted

I'm currently watching DAKT flutter around helplessly at around 21.40. The stock is down 25 percent already and is struggling to gain any traction. I think investors in this stock are fed up with being disappointed report after report. I would look to short this stock down. It has nothing going for it. If it moves against us, I would look to stop out a bit above here.

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