Profit Taking Idea #7: Long Carrefour

Despite Carrefour’s stock good reaction today rallying almost 7%, I think Carrefour’s strategy to turnaround its business lacks substance. This Trading Idea is showing a nice profit of more than 6% and it’s time to close it.

 

For a more in-depth analysis, please see my Seeking Alpha article:

http://seekingalpha.com/article/838931-carrefour-good-results-but-disappointing-strategy

 

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Posted on August 30, 2012, in Uncategorized. Bookmark the permalink. Leave a comment.

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