<font> <font> Mirani Brands Inc. (MRIB) </font> </font>
<font> <font> Yep. Mirani Brands shares did indeed go from bad to worse; hopefully you profited from the downtrend. </font> </font>
<font> <font> Our journey actually started back when support at 25 cents broke down, and shares made their way to a low of 17 cents. At that point, the breakdown gain was weighing in at 29%. However, we mentioned last week that MRIB seemed to have some more downside to go. </font> </font>
<font> <font> Sure enough, shares are currently at 15 cents, making the move from 24 cents (a likely short entry) a 37% victory. The stock's still pressing lower too, but at this point, we'd recommend not pressing your luck - think about making an exit here if you were in a short position. </font> </font>
$13.44 (06/20/09)
