Daily Market Watch - Week of 2/9/09
Interesting week ahead...
Sirius is all over the place. I have no earthly idea what it is going to do.
BAC: I am mixed over this. I had no time to research banks this week. The Dems and Reps are still squabliing over the damn bailout package. News will definately send the stock up, but will it drop on profit taking before then? I think I'll put a stop loss in at $6 and another limit order in at $5.25 in case it drops like a rock.
AIB is up as well, but not nearly like BAC was. I think they have room to run, and I will be sticking with them for now.
CTGI is no longer a tradeable stock and needs to be dumped IMMEDIATELY. They just reported on the 5th that they defaulted on one of their convertible debentures due to a ruling against them and must repay a large bit of money. They will be going down quickly in the near term.
Bill, I did not have a chance to look at any of the stuff you sent me. It has been a hecktic weekend...