Wednesday, December 27, 2006

Standout Stocks

My Stock of the Day is Apple Computer (AAPL)

The stock gapped lower this morning on a rumor that some executives had falsified documents relating to the options program. The rumor also said that Steve Jobs had knowledge of the incident.

But two firms came out to defend the stock intraday, and reiterated that is was unlikely Jobs was involved.

The stock bottomed quickly and climbed all the way back to even on the day. Volume rose substantially, indicating that sellers should have been sufficiently washed out.

Other stocks making notable, high-volume moves include:
  • CVO
  • PWEI
  • TX
  • VOL
  • APKT
  • GES
  • NCTY
  • EQIX
  • LFC
  • IHG
  • PNSN
  • SVVS

long AAPL


Post a Comment

<< Home