Trade Alert: VSAT

By Scott Chan • November 14, 2017

Sell ViaSat (Nasdaq: VSAT).

The stock has been rallying strongly. It looks like at least part of the rally is driven by short covering. We will close out the position and take the gain. We will continue to monitor the stock and there’s a good chance we will return to the position.

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About The Author

Scott Chan

Bio | Archive

Scott Chan moved from China to the U.S. with family at the age of ten. He passed the rigorous entrance exam and attended the merit-based Stuyvesant High School, widely held to be best public school in New York City. He earned undergraduate degrees from New York University followed by an MBA degree from the Zicklin School of Business at Baruch College.

Shortly thereafter Scott partnered with Dr. Stephen Leeb on numerous financial publications. Today, he serves as the lead analyst for Real World Investing and The Complete Investor.

Mr. Chan is an avid baseball fan and enjoys outdoor activities in his spare time. A multicultural person, he reads Chinese and speaks fluent Mandarin and Cantonese Chinese.