I know my pF newsletter advised a sell on GLW, but I could find no real reason why. Hold on to this one, I'm up about 7% on it over all and plan for it to go even higher.quote:
Originally posted by TheLoneRanger:
"Cover me, I'm going in....."
I just had to buy something today, and I pulled the trigger on GLW (Corning) because of the chart pattern, combined with good news out of China. (The company was found not liable for dumping low-cost fiber optic cable on the China market, good for about a penny on earnings.)
GLW went south today, along with the rest of the market. Hoping for a better day tomorrow.....
Wait until it gets closer to 2007 they are major player in diesel exhaust emissions controls that will be manditory in 2007.
I'm holding against the advice of the newsletter.