SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : Amazon.com, Inc. (AMZN)
AMZN 229.55+0.2%Dec 5 9:30 AM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Glenn D. Rudolph who wrote (71903)8/5/1999 12:33:00 AM
From: mogwai8myball  Read Replies (1) of 164684
 
Re: What do they have against LVLT? Glenn, this is optioninvestor's put recommendation on LVLT (this is from Tuesday. they've had the recommendation out for at least a week):

LVLT $51.69 -1.50 (-2.00) Once again the market has been
conducive to put buying this week. After the broad markets
rallied for most of the day on Monday, the sellers came back
in full force to end the day lower. This was very similar
to what we saw in LVLT trading too. The stock went back
above the $54 level which was unsettling for our play but
in the end, it was just another entry point. The stock fell
on Tuesday as well and hit an intraday low of $50.19. All
of this came despite positive news from the company on
Monday. They announced they were buying a state-of-the-art
building in New York City to keep up with growing demand.
The news of strong growth is no surprise. LVLT has been talking
up their growth along but it is still not enough to alter the
current trend. The stock is lacking any technical support at
this level which may be why it was recommended as a short play
in another economic newsletter this past weekend. This is just
another positive development for our play. Remember to use
stops because momentum can change on a dime.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News