Bookkeeping: Closing Fuel Systems Solutions (FSYS); Might be a Good Short Candidate
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A week ago, we were stopped out of the majority of our Fuel Systems Solutions (FSYS) as support was broken - today we are going to close out the last of the position (0.2% exposure) as I am doing some fine tuning to the portfolio. The stock bounced back, in dead cat fashion, to hang by its fingernails to the 50 day moving average Monday-Thursday of this week... but appears to have given up the ghost today.
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Category: Fundamental Analysis Tags: