The buy signal came on Monday when Joe Terranova from Fast Money said that he didn't like SVU or any of its peers. LOL
Joey T is wrong on almost every one of his calls and has no business making stock predictions on air imo.
Just do the opposite of what he says and you'll almost always make money. About a week ago he said that it was time to take risk off and sell financials, so I bought FAZ puts and made > 100% in a day. LMAO He also thinks JOY is a takeout candidate even though their PE is nothing special and it is trading at approx 4 x book.
Oh yeah, RIMM is another one. Last week Joey T said that RIMM is going to $10 ( and someone with the initials of BH who used to pump RIMM to no end is now saying that RIMM is dying and going to < $10), so I suggest you load up on $14 near-dated calls as well as longer-term $15 calls.
Numbers don't lie, people do.
