Post a CommentMAMA – Mamma.com Inc. (Nasdaq) (Closing Price on Friday 5/25/07 – $4.15)
I mentioned in my last update that if Mamma.com found support I would recommend to cover. Mamma.com has found support around four dollars but I think barring some positive news the stock price will fall through this support level and start to decline more dramatically. Therefore, I wouldn’t recommend to cover yet.
I will provide an update based on what the stock price does in the next few weeks.
Disclosure: I am not shorting shares of MAMA.
Similar Posts:
- MAMA – Recommendation to Cover
- MAMA – Accumulate Short Position
- MAMA – Q4 2006 Earnings
- MAMA – Q1 2007 Earnings
- MAMA – Accumulate Short Position
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