May 17, 2007
Stock Du Jour (CPWR) & Random Observations
Buffett and Lampert were obviously forwarded the 15 Ideas letter since JNJ and C were both in there, or do great minds just think alike? ;-)
Choppy day until 1:30 PM (on the dot) when buyers showed up in force.
Notable New Lows: Starbucks (SBUX), Newmont Mining (NEM), and that sad sap Sirius Satellite Radio (SIRI) — $2.69 and falling.
Notable New Highs: Brazil (EWZ), Mexico (EWW), Pepsi (PEP), and American Express (AXP).
Compuware (CPWR) was the stock du jour but it traded down down down after the initial blast-off bar giving dummies no opportunity to lose money in it until the lunchtime lull — probably would have second thoughts about getting long by that time given the action.
Cat: | Time: 8:06 am (utc+8)
May 17th, 2007 at 8:37 am
I’m still waiting for my copy!
May 17th, 2007 at 8:38 am
Tom: Did you toss me a bone?