Wednesday, October 15, 2008

Is -25% enough for Robert Hsu?

Original post date: August 20th 2008
Removed copyright content and reposted


Last week Mr. Hsu wrote to his $3.000/year Asia Pacific Edge paying subscribers about ATW:

Atwood Oceanics (NYSE: ATW) [REMOVED]. Hold ATW.

A few lines below he wrote:

Atwood Oceanics ATW Buy under $60

So, should his subscribers hold or buy below $60?

Is current loss (-25%) enough for Mr. Hsu or not? Is he going to tell his subscribers to sell this evening?

Remember: ATW was one of the Top5 stocks last June...
UPDATE
Mr. Hsu finally sold ATW.

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