Tuesday, March 4, 2008

Weekly Short Sell Stock Pick

Electronic Payment Systems for Emerging MarketsThis weeks stock pick of mine is a short sell. Net1 UEPS Technologies, Ticker UEPS. The liquidity crisis is far from over, so in the current market environment Im more apt to take a short term short sale as opposed to a long term long position of any kind right now for the number one reason of liquidity, and a number of other reasons.UEPS Short Trade SetupSell Stop: $28.98, Stop-Loss $29.64, Take Profit Areas $27.66 - $27.00, $25.42 24.82, and $23.52 - $22.96. Below youll read some news on UEPS,[...]

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[Source: The Money Blogs]

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