Wednesday, July 23, 2008

AutoNation (AN 10.27)

AutoNation is hot today and never stood still at 9; took off out of the gates. The blame lies on news of Gates' stake but that news was released at 4:30 on Monday so why didn't we see this type of action yesterday? It's likely a pump so it's not necessary to pile in now. Let it settle, there's time.
Buying at the abolute low would smack of hypocrisy.

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