zzlangerhans (99.57)

Ending FVRL (Favrille) underperform

May 27, 2008 – Comments (0) | RELATED TICKERS: FVRL

As I predicted, FavId was a failure, but I never expected the degree of sell-off that we're seeing today. Hard to believe so many people saw a future in this company after the weak interim results. Now that the stock is trading at 50% of cash, I think it's a good idea to end the pick and leave the remaining 7 or 8 points I could get from bankruptcy on the table.