Briggs and Stratton Mowed Over

Originally Published in Charting the Markets 8/13/07

Trading markets in August can be as boring as watching the grass grow. But the recent trading in Briggs and Stratton has been anything but. We are not sure what is driving the recent volatility in this stock, but with QuantMare’s erupting all over the Street we could hazard a guess.  It might have something to do with Barclays near the top of the holders list, but that is mere conjecture. One thing is for certain; the recent lousy earnings report should be eventually reflected in the stock. The trading volume has been enormous, sooner or later the monkey business will end. no position

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