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Virtue: Chastity
Stock #4: Virgin Mobile (VM)There is not much to say here about how this company ties into our virtuous theme, except… you get the picture.
Virgin Mobile (VM) is a mobile communications device company that targets the
younger generation with pre- and post-paid mobile phone products. Virgin had the good fortune of becoming a publicly traded company
at the very start of the recession in late 2007. But it’s been downhill for them ever since.Investors have been waiting to be rewarded for chastity, and it looks like the wait might finally be over.
VM stock has rallied hard since bottoming at the end of last year. For technicians, a nice reverse head-and-shoulders pattern
is forming which suggests that the recent gains are the beginning of what may be a return to immediate post-IPO levels or beyond.
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