I liked the recent article about FIRE being overvalued and have nothing but the greatest respect for the author, but I disagree a little regarding the recommendations for trading FIRE.


I would quickly add that I am a short term trader and I ignore fundamental analysis. In the short term I see FIRE as putting in a little bottom here. My recommendations:

Action to Take --> Buy Sourcefire right here in the $43 to $45 range. Set stop-loss tight at $39. Set initial price target at $58.