Commentary and Tracking of a Portfolio of Stocks using approach from "The Little Book that Beats the Market" by Joel Greenblatt aka Magic Formula Investing
Tuesday, May 06, 2008
I AR Worried
IAR announcing their earnings today. Last earnings call they were around $17. Since then they have lost 2 CEOs, a CFO, ended a dividend, been downgraded and dropped to about $3.50. Can it fall lower? Stay tuned.
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