WCI Finally Shows Weakness

As I’ve posted several times before, I’m bearish on a stock WCI.

Today it finally showed some weakness and was down over 3% on a day when the Dow and Nasdaq were up. Hopefully it’ll continue its downward trend and I can make some money on my puts. Some of the Canadian Royalty Trusts that I picked up last week were up today too. Natural Gas is back above $6/MCF which bodes well for their dividends.

Happy Friday Everyone!

Leave a Reply

Your email address will not be published.