11-09-2007, 09:32 PM
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Join Date: May 2007
Location: D' burbs
Posts: 1,493
Rewards: 40
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On the watch for Monday
(C) Citigroup, which has taken a beating lately had a nice late rally on rumors today before tanking out again. Still up $2 from it's low. Not sure which way it's going but there should be plenty of movement come Monday.
ESLR and FSLR- ESLR had an island gapper yesterday and came down to earth on profit taking and a brutal day. It rode with FSLR's amazing earnings. FSLR had a killer quarter and blew up. I'm ashamed to say I bought @$187 and sold at $188 only to watch it hit $225 an hour later. Ugh. But I'd like to see ESLR get some back if Monday's full of bulls. If it's another selloff, I'd expect more profit taking from FSLR, especially early.
Also, VISA is finally shuffling paperwork for their IPO. I guess not ready to go until early 2008 but this will be a granddaddy monster as everyone and their mother wants some after watching MA go up 400%. Expect demand to be huge. When NMX came out, I think the price was like $60. I got in at $125 when it finally started trading and sold at $140. It topped out at $150 and ran between most of the day. Gonna be fun but wait for the drop if you can't get in early.
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