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S&P 500: 1,317.11 Change: -0.21%
sporthunter
P&P Score: 0.59   Points: -292.63   Accuracy: 72.37%   Average Pick Score: 0.14   Annual Return: 17.98% (70.58% since 6/23/08)  

sporthunter's Blog : Cabela's - Value Play

Date August 11, 2009    Comments Comments (0)    Rate this post Recommend This Post (61)   
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Today Zacks.com showed (CAB) Cabela's as a value play. I agree with this recommendation. However, Zacks missed the entry point much like I did, by a few weeks. This play is still good through the middle of November ( Target 11/16) at that point I would look to exit depending on the momentum leading into the first week of December. This is a sell no later then (12/10). If you look I opened a position with Cabela's last week and will still take a nice little profit, but I missed a nice climb over the month of July. Happy Trading
Tags : CAB  

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