br7552

Benjamin Ryan

Real Money Earned: $0.08
Location: UNITED STATES
Member Since: 9/18/08
Portfolio Total:$1,655,530.63

Stock Analysis: 2

Portfolio Start Date09/18/08
Annualized Return:47.4%
Total Return:65.6%

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Stock Pick by Benjamin Ryan

APC: the cheese stands alone

Start trading APC with real money!

Rate Analysis

2 ratings

Posted 543 days ago on 9/23/08

Market call:APC will go DOWN
Target: $54.00 on 10/23/08
Current: $69.99 (21.83% from time of market call)

After oil jumped by a record amount yesterday there is an inevitable pullback on all oil related companies today as oil prices should drop. Most of APC competitors have dropped by several % by noon but APC has risen? APC should catch up and drop by more then 5% by the end of the day tomorrow. Its 5 day moving average is also below its 20 day MA indicating a further decline. So short it now and cover tomorrow!!

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