Thursday, September 29, 2005
Down $1600
The NASDAQ staged one its strongest rallies of the year. A drop in oil prices? End of quarter widow dressing? Short-covering? I don't know. What I do know is that my portfolio didn't share in the fun.
GV issued a press release after the close saying that they will be involved in Katrina restoration. The stock has shot up twice in the past month on hopes that just such a press release would be forthcoming. Both times the company poured cold water on traders by issuing a press release saying that it did not anticipate being involved in the recovery efforts. Now that the tables have turned, tomorrow should be interesting day for GV.
GV issued a press release after the close saying that they will be involved in Katrina restoration. The stock has shot up twice in the past month on hopes that just such a press release would be forthcoming. Both times the company poured cold water on traders by issuing a press release saying that it did not anticipate being involved in the recovery efforts. Now that the tables have turned, tomorrow should be interesting day for GV.
# posted by Stockcoach @ 7:13 PM 
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sorry to hear you were down, coach. I have been rocking this week on the back of Natural Gas - ABP, TXCO, etc.
Look out for CTIB and maybe TMR tomorrow.
See ya soon and good luck Friday.
http://wisetrade.blogspot.com/
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Look out for CTIB and maybe TMR tomorrow.
See ya soon and good luck Friday.
http://wisetrade.blogspot.com/
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