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DJIMSTOCKS- since 2006 - Toronto, Canada/London U.K

· Daily stock market color and insight before every U.S market-open, 'INTO THE TRADING DAY', 5X a week before 8:30 am/est. Follow our extensive trading desk experience and lead in recognizing daily event upside/ downside risks ahead of each trading day.

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Entries in AIRM (1)

Tuesday
Sep192006

Valuation blah blah

We had a stock(AIRM) that received 3 valuation downgrades over a week or two earlier this year, we stuck to it and watched it climb higher and higher. Today one Dgrade on valuation even has a tgt price increase in CSH and there is another based on valuation to hold on TWLL by needy Needham...on the other hand they just initiated GRB($14) with a $18 target after it just got dropped down by Sidoti...good timing... Just a game isn't it?....everybody likes a pullback to pick up on the cheap. You have no control over when they start to chat, just another reason to always take some off the table when a price/volume opportunity presents itself like yesterday in TWLL after a quick 20% trip. Good thing is TWLL is a recent IPO with 4 other houses that might step in on any selling to serve their own interests.