Let's just say I disagreed with Royal as he was wildly bullish on AZO earlier in the month. AZO is a market leader he said, but again I let general market sentiment cloud my judgement on whether or not the run in AZO was over. Royal again kindly pointed out to me that Eddie Lampert is one tough dude on the trading desk, and his ability to jam the shorts in AZO could prove to be deadly for those trying to pick the top. I took this wisdom to heart.AZO settled out at ALL TIME highs today.
http://screencast.com/t/kEyPebhw
AZO beat expectations today :
http://video.cnbc.com/gallery/?video=3000023365
Posts
