On June 4, 2010 friend of The Markets Are Open Jim Cramer of Mad Money and former Hedge Fund Manager recommended to his viewers to buy shares of Aeropostale and he recommended Aeropostale, Inc. and Abercrombie & Fitch Co. over American Eagle Outfitters and stated "buy Aeropostale on the way down."
Since then American Eagle has advanced 5% compared to a 23% drop of Aeropostale shares. The performance of the three stocks is as follows.
........................AEO.....ARO.....ANF
June 4, 2010............0%......0%......0%
June 11, 2010...........6.6%....3.3%....0.61%
June 14, 2010...........9.5%....4.7%....1.5%
August 1, 2010..........2.4%....2.3%....8.5%
August 6, 2010..........3.9%..-12.3%...8.9%
August 9, 2010..........2.8%...-15.3%..9.0%
August 17, 2010........-0.81%..-22.6%.-4.3%
August 30, 2010.........5.1%...-23%...-2.1%
To see Edwards full report click here
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