3/9/2010: We can hear the talk about PALM now. It’s undervalued and a takeover target and also a cheap stock they will buy instead of chasing the big boys? This makes sense. We are looking at this stock for a purchase. (3:53 pm)
March 9, 2010, Posted by ttbm at 3:53 pm
Related posts:
- 4/02/2010: As Steve Jobs graces the cover of “Time”. A few thoughts come to mind…With the roll out of the iPad and a stock at an all time high, this just makes you wonder. The other “Horsemen” have been lagging, so Balance and Caution is still our approach. (9:50 am).
- 3/29/2010: Into the Close… Same old story more chasing, more trapping. The broken record continues to spin. We are topping and sometimes we are the only ones who know it. At this point Stock selection is the key both Long and Short. We are readjusting our trading approach to exploit a shift in market sentiment, and lower prices. (3:38 pm).
- 3/18/2010: Trader Talk: As the “Talk” on the street is that the Fed will increase the discount rate. (Shorts spreading rumors? ) Our feel in here is that the market will dig in. As the DOW tries to extend it’s 7 day run, we feel that it will be close– $INDU 10740-10752. (2:04 pm)
- 3/12/2010: Bottom line… We like the RXH index. We are buying LPNT (33.91)… target 41.25–stop 31.49 and UHS (33.24)… target 40.15– stop 31.19. (9:37 am)
- 3/5/2010: Surprised to hear the analysts who were recently calling for +1150 SPX sounding cautious here…tells us we have more to go. (10:05 am)
You mentioned PALM yesterday….Any thoughts??