Should you buy it week 25
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Created by Lucky
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Date updated:06-23-2007
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MGI
Moneygram Intl - $2.63
- -0.38%
- $2.65
No Analysis added
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BAC
Bk Of America Cp - $16.10
- -1.17%
- $16.21
No Analysis added
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PHG
Koninklijke Phlp - $27.59
- +0.36%
- $27.78
No Analysis added
-
BRLC
Brlc - $0.00
- N/A
- $N/A
Responding to a mail Peltier said the stock was not being manipulated but would continue to trade with very high volatility because of the high short percentage (40%). Peltier likes the stock on the pullback and thinks the company pushed the stock down by coming out with a secondary offering at a huge discount. He doesn't believe the rumours about Circut City pulling Syntax-Brillian from the shelves and says Best Buy might pick up their TVs aswell. Theres still some debt on the balance sheet and the company is in the early stages of growth, but Peltier thinks Syntax-Brillian can compete with the Samsung's and Sony's because they offer good quality at a much lower price.
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