VMI upgraded by Sterne Agee

VMI have been upgraded from Hold to Buy by Sterne Agee as the stock got some confidence back at recognisable level of 61.8% down form upper quotes or historical high. With at least 6 exhausting tales at this well tested support point any no so bad news could level up this particular stock. Now you can picture two higher lows on the annualy based graph, both marking a long uptrend to be defined as some retracement is expected to be seen in advance to this 13% jump from base. In times where banking and financial sector is some how gaining back points in credivility as losses are not so great as expected, maybe we can go for traditional thinking and once againg find some indicators to be useful tools and predictions models can come into the game.