No doubts on First Leasing; in fact I had recommended it to some close friends when it as 62 in July 2010. The technical structure is still quite good. P/E looks delicious at under value and a price of 72-75 is too good to be true for a company with a book value at 106.
Buy with a short term target 4-6 week target of 88. Better if you can buy on dips near to the lowest price of the day or on a day when the market is doing bad.
No comments:
Post a Comment