Saturday, June 23, 2007

Bowater (Ticker: BOW) buy / hold

On April 4th, based on a positive article in Barron’s, and a great looking chart I took a buy and hold position in Bowater (Ticker: BOW). The article said the company was near a bottom in the revenue generation cycle. For the last ten weeks the stock has dipped hard then rallied higher, and went from down some 14% to up 5.63% at Fridays close.

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