[Buying Waste Management, Inc. (WMI)/Day Order/Limit $36.70]
Dear Member:
I like Waste Management, Inc. at $36.70 or better. The stock has recently bounced off the uptrend line and the 50 day moving average which are running nearly on top of one another. Earnings have been strong and the company is scheduled to pay a 22 cent a share dividend on June 23rd to holders of record on June 5th. There is a handy exit just below the trend line (currently around $36) if the stock turns down.
DISCLOSURE: At the time of publication, I have no position in WMI.
Sincerely,
Bill Kraft
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