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Central Transport | Zacks.com " Suggests Sell Vitran Stock.

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Jeepstr723

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Tale of the tape article. 50 day Moving average crossover alert. Posted 9.10.13, they suggest it is a stock to avoid. Time to get out of this potentially troubled stock.
 
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Jeepstr723 said:
Tale of the tape article. 50 day Moving average crossover alert. Posted 9.10.13, they suggest it is a stock to avoid. Time to get out of this potentially troubled stock.
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Vitran Corporation, Inc. (USA) (VTNC - Snapshot Report) could be a stock to avoid from a technical perspective, as the firm is seeing unfavorable trends on the moving average crossover front. Recently, the 50 Day Moving Average for VTNC broke out below the 200 Day Simple Moving Average, suggesting short-term bearishness.

This has already started to take place, as the stock has moved lower by 6.3% in the past four weeks. Plus, the company currently has a Zacks Rank #4 (Sell) meaning that now could definitely be the time to get out of this potentially in-trouble stock.
 
People, who make money in the stock market really surprise me when they still hang onto this stock. Even a truck driver knows that vitran is in the NFL. Thats Not For Long Biz.
 
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