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Josiah

Provide your stock review

By Josiah, in Stocks

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Josiah    10

Josiah
Posted

This not a thread on posting tips, I repeat this is not a thread on posting tips. Also, I am not trying to solicit any recommendations as I already have a position in this stock. That being said, yesterday Sun Microsystems, SUNW, posted a Net gain of $67 million compared to loss of $217 million a year ago. Yet because they missed analysts sales expectations their stock dropped 11%. See article Sun shares drop 11% on weak sales, forecast - MarketWatch

Do you think analysts were unfounded in decreasing their valuation, are they doing this to intentionally drive down the price so they can pick up cheap shares, or do you think the analysts were right on the money?

 

Also, what do you think about FOREX trading? I have a practice account and the idea of trading $100,000 on margin does not seem very thrilling.

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