Joel Kruger suggests this interesting Equities in his section Equities of interest :
Virgin Media Inc. (NASD: VMED)
Company performance has been quite impressive, so no knocking the fundamentals here. However, given the broader negative sentiment in the equities markets, and given the severely overbought nature of this ticker, I would be urging that longs consider booking profits at current levels. Daily technical studies are in desperate need for a healthy corrective retreat, and we could see this play out over the coming sessions. Buying dips back into the $28-$30 area is the preferred strategy.
