ADI: 08/15 Comment “ADI Appears To Be A Short” - Down She Goes
August 20, 2008 7:01 PM
On 08/15 I said “ADI appears to be a short here under $33.53″. Hmm, closed at $29.29 today. I can’t take credit for all that move as there was a warning or something today from them. Anyhow, I also said “the sma’s may hold the stock here not sure, but you certainly cannot be long here”. So I gave fair warning, but won’t take credit for making a “trade call”.
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