Last Day To Get Aboard
I have recommended buying ERJ on a number of occasions and anyone who did so is up but the big move higher should start tomorrow. My last post was Fri. 7/24 when I said to try and buy near 6.05. It dipped there at Fri. open and again on Monday and yesterday. It is now 3-4% higher and today is the last day to get aboard. Right now it is at 6.23 which is the 50day mvg. I doubt you get it much below that. Tomorrow morning BEFORE the market in NY opens they release earnings. I don’t know if they will be good or not. I don’t care. The chart says the stock is going higher from here and my ultimate target is close to 12. BUY.
Ok, conviction – real conviction – only exists when you put money on the line. I’m willing to take a flyer and see if you are right, Chartsmaster. I won’t come looking for you if you are wrong, but I will crow about your success if you are right.
To show my conviction level(not telling you or anyone else to do this) Not only long the stock but got Aug.21 7.5 strike calls today for .15