Major Techs Hitting 52-Week Lows (AAPL, CSCO, EBAY, EMC, GOOG, RIMM, JAVA, YHOO)
This morning we put out an alert at 24/7 Wall St. showing how many new stocks were hitting 52-week lows. What was shocking was how many major and key technology or Internet names were on the list. You can see the full list of lows here, but here are some of those technology stocks hitting [...]
Netflix Gets Stung (NFLX)
Netflix Inc. (NASDAQ: NFLX) is feeling some pain early this morning, although trading volume is more indicative of confusion rather than conviction for a stock that trades almost 1.5 million shares per day. The online DVD rental service via mail sees Q3 revenues of $343 to $348 million and Q4 revenues of $353 to $359 [...]
Day Trader Alert: CombinatoRx Crushed
CombinatoRx, Incorporated (NASDAQ: CRXX) is a thin volume stock seeing its stock implode this morning. The company released poor Phase IIb study data of Synavive for Knee Osteoarthritis and its shares are paying the price. Shares closed at $3.00 Friday and its 52-week trading range was $2.86 to $6.99. Its pre-market stock trading indications are [...]
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