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Yellow Media Inc T.YLO



TSX:YLO - Post by User

Bullboard Posts
Comment by byloselhi1on Aug 30, 2006 8:08pm
280 Views
Post# 11297624

RE: Are you people crazy!!!!

RE: Are you people crazy!!!!I have been following ylo closely for a while and see taking a position as a defensive strategy -- at the right entry price. A couple of observations: The charts shows a down trend, lower lows and lower highs. Other technicals are showing some buy signals but I have so far resisted. There seems to be support around 14.30, but for sure if I buy at this level it will drop further. The last financials management reported, I thought looked good and perhaps the market sold off on the news. The market also seems to hate the MTS purchase as the units have traded more or less down since this announcement.
Bullboard Posts