Friday, October 12, 2007

Busy Day

Here are some notable upgrades/downgrades:
Citigroup:
- Reiterated Buy on (BBY), target $55.
- Reiterated Buy on (ERTS), target $75.
- Downgraded (NILE) to Sell, target $88.

It's good to see the market recover after yesterday fierce sell-off. I plan to sit on my hands and watch for the next few days. It should be fun next week, with YHOO, EBAY, & GOOG reporting. I look forward to watching GOOG trade above $700 (holding position through earnings).

Two new stocks to watch ALJ & WBD, courtesy of "The Fly"

I'm pretty busy today (it's the girlfriends Birthday), look for more updates over the weekend.

Note:
VMware: Fidelity Buys 23.6% Of The Float

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