Just The Equifax, Ma’am

Since it turns out that the woman in charge of information security at Equifax was a music major with no technology background………

…….the company has had its reputation permanently tarnished and wiped out billions of dollars of shareholder value within days. Some folks I’ve spoken with think it’s heading for the single digits. My opinion is that the company has really screwed the pooch on this one, but maybe, just maybe, it’ll find some temporary support around $90 or so, as I’ve drawn here:

0914-efx

 

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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