Friday, April 4, 2008

Trading Alert: Agressive Portfolios should consider..

..shorting Garmin (GRMN) at today's levels of $54.00 We see the shares running into great competitive difficulty with AAPL and NOK. Please set a buy stop failure target at $58.00. We see many of the same competitive disadvantages at Garmin today as were seen Palm Inc. (PALM) back in 2003.

1 comment:

Anonymous said...

I returned my Garmin and would never buy the stock.