Blogging Stocks Says Dump PacSun

by The Editors on June 6, 2009

Pacsun-2According to the stock trading blog BloggingStocks.com the number one consumer stock to sell right now is PacSun.

As such, Pacific Sunwear (NASDAQ: PSUN) lost its mojo and has yet to find its way. . . Earlier this year, shares bottomed at a price below $1 per share. Since that time, PSUN has been on fire more than tripling in value. . . And just two weeks ago, the company announced another quarterly loss and drop in same-store sales. . . I would take some money off the table here — PSUN is due for a pullback.

Other consumer stocks on Jamie Dlugosch’s list: Pier 1, Vail Resorts, and Cabelas.

[Link: Blogging Stocks]

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