August 9, 2007
Stock Du Jour (LTM) & Random Observations
Nice, strong day … continuously positive tone, a little hiccup in the afternoon but a very solid close.
Notable New Lows: Heely’s (HLYS) — yowza, almost cut in half, what’s the story here? Electronic Data Systems (EDS), Charming Shoppes (CHRM), Conseco (CNO), Gap (GPS); and Forest Labs (FRX) and Mylan Labs (MYL) — these last two look like deep value plays to me, but only when I put on my CPA hat.
Notable New Highs: Amusing juxtaposition: Tim Hortons (THI) and Weight Watchers (WTW); SunPower (SPWR), Fastenal (FAST), Priceline.com (PCLN), Coca-Cola (KO), Cypress Semi (CY), Juniper (JNPR), and Cisco (CSCO).
I’ll feature of monthly chart of Life Time Fitness (LTM), which is at an all-time high.
Cat: | Time: 7:37 am (utc+8)
August 9th, 2007 at 9:55 am
that was quite a little hiccup
August 9th, 2007 at 9:56 am
Ugly: Gesundheit!
August 9th, 2007 at 1:15 pm
To your health!, for a hiccup?
Let’s not confuse hiccups with sneezes.
August 9th, 2007 at 8:52 pm
I learned to put away my CPA hat quite a while ago. Valuations are best left for the markets to decide. ;)
The sound of credit crunching is getting louder and louder.
August 9th, 2007 at 9:55 pm
Brian: Markets overshoot and it’s up to us green eyeshade guys to say when enough is enough and step in. ;-)
August 9th, 2007 at 11:51 pm
LTM has been on fire the last few days. The stock has some great overall growth prospects and should continue to be a good performer for the long haul, but in the short-term it may be due to pullback.
August 10th, 2007 at 4:52 am
CM, take a look at LULU
also, stumbled on this when googling:
???
August 10th, 2007 at 6:54 am
Babak: Those are selected excerpts from old Avid Chat transcripts… ancient history.