By Karim Rahemtulla Last week on June 4 in Trade of the Day, I shared my thoughts on Party City (NYSE: PRTY) and how it was a great speculation at current levels (at the time) of around $1.40.
Here’s a refresher on what I wrote…
Party City shares currently trading around $1.40 is a speculation, pure and simple. It might be time to add some zing to your portfolio with a stock that can party like it’s 1999 again!
On Monday, June 8, the shares traded as high as $2.55. So no matter the price traders paid on June 5, they woke up Monday morning …read more
