2008/02/28-Long MDA.TO @ $48.97, stop loss @ $ 47, risk per unit $2.00 (4.1%)

Entering MDA here as I smell some more good news. Stop is at $46. This is thinly traded stock, be careful and don’t use market orders.

MacDonald Dettwiler and Associates Ltd (MDA) is a Canada-based information company. MDA provides advanced information solutions that capture and process data, produce information and improve the decision-making and operational performance of business and government organizations worldwide. The Company operates through two principal units: Information Systems and Information Products. MDA delivers a range of earth and space-based information solutions, ranging from complex operational systems, to tailored information services, to electronic information products. The Company develops software internally for use in providing information products to its customers and systems for internal use. In 2006, MDA acquired Lyttle & Co., Lee & Co. and MindBox, LLC. In April 2006, the Company acquired Propertyflow Limited. In May 2007, MDA acquired Vexcel Canada Inc. In July 2007, MDA acquired the property search business of Oswalds, a subsidiary of Jordans Limited.

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One more chart, the Weekly View — always important to understand where we are in history.

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