It is ironic that I posted that terrible comment about Everlast (EVST) and now today, the stock is flying! As I write, EVST is trading at $8.30, up $1.62 on the day or 24.25%!!!
Apparently, EVST announced3 new licensees and the stock jumped!
I do not change anything I wrote however. Individually, I cannot predict news about a stock. That is NOT what my thinking is about. I am looking for certain stocks that have consistent growth and great fundamentals. I will absolutely miss loads of stocks that turn out to be great investments.
I hope all of you bought shares of EVST anyhow, and made a bundle. It is just not a stock that fits into my strategy. Even today!