Another Stab at IDT
The list of stocks that I'm playing has shrunk quite a bit over the past couple of months. One of those is IDT Corporation (IDT), a telecommunications company that also owns a soon-to-be-spun-off oil share energy interest. At this point in the cycle, you have to keep looking to buy when prices get stretched to the downside and sell them as they extend. That is true of IDT and just about all stocks.
I could make the big call and say, "Sell everything" or "Go all in!" but those calls are very hard to make. Everything has to line up just right. Usually the market is just not that accommodating and so far that is an apt description for this one. So far, the stars have not aligned....327 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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