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Strategies & Market Trends : Dave Gore's Trades That Make Sense -- Ignore unavailable to you. Want to Upgrade?


To: Dave Gore who wrote (1586)1/28/2002 9:38:25 PM
From: Prophet  Respond to of 16631
 
TXNm classical case of stock manipulation. The stock was beaten down for about three weeks. Analysts cash in on the options, then wait until a day prior to earnings announcement to say it is a good buy. They buy in a couple of days prior to announcement, some suckers run up the stock tonight, and the big funds will sell off again by end of week. This TXN announcement sounds similar to INTC's announcement and the stock has not one anywhere since announcement. I was bullish three weeks ago on TXN, now I am skeptical. If it hits 32 I am a shorter.