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JP Morgan just cut from NEUTRAL to UNDERWEIGHT!! Looks like they missed the pop from $8.90 to $10.20 and they'd like to purchase your shares today at these low prices.
And two days ago Smartrend put out a bear alert. First they touted their downtrend alert on June 23, 2009 at $10.09, which had returned 10.1% to date. HOWEVER THIS MORNING that alert has now lost people money with shares trading at 10.21 and as high as 10.45. Second, they alerted 2 days ago on volume of 1.4 million shares. That was little volume and many educated observers will say what happens on that kind of low volume should be ignored. Yesterday's movement was on 6.3 million shares and should NOT BE IGNORED. I SAY IGNORE PEOPLE WHOSE PREVIOUS ADVISE EITHER LOST YOU MONEY OR FAILED TO PROVIDE ANY MEANINGFUL INSIGHT INTO FUTURE MOVEMENTS. The only movements these people are familiar with are the ones they get in the restroom. Sep 01, 2009 (SmarTrend(R) Spotlight via COMTEX) -- Harmony Gold Mining (NYSE:HMY) is trading 3.5% lower (down $0.33 to $9.07) today on volume of 1,445,831 shares. The stock has traded within a 52-week range of $5.47 and $13.25. Harmony Gold Mining is currently below its 50-day moving average of $9.41 and below its 200-day moving average of $10.10. SmarTrend is bearish on shares of HMY and our subscribers received a Downtrend alert on June 23, 2009 at $10.09, which has returned 10.1% to date Sentiment : Buy Rating :
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JP Morgan
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goldstrawst... | (1 Rating) | 3-Sep-09 09:10 am | ||
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also, a trend is a trend till it stops being a tre...
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goldstrawst... | Rate it | 3-Sep-09 09:18 am | ||
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If anyone has any idea why JP Morgan downgrad...
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nli200808 | Rate it | 4-Sep-09 10:13 am | ||
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a real reason is simply many firms view ...
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goldstrawst... | Rate it | 4-Sep-09 12:10 pm | ||
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by sub industry, do you mean gold m...
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nli200808 | Rate it | 4-Sep-09 12:16 pm | ||
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not just gold
the sub-industr...
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goldstrawst... | Rate it | 4-Sep-09 12:25 pm | ||
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Just judging by the P/E R...
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acronn | Rate it | 4-Sep-09 12:37 pm | ||
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me too. they had a ...
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goldstrawst... | Rate it | 4-Sep-09 12:41 pm | ||
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They also will ...
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nli200808 | Rate it | 4-Sep-09 02:49 pm | ||
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and HMY ea...
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goldstrawst... | Rate it | 4-Sep-09 03:19 pm | ||
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Price is the only thing that counts...
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robert.arre... | Rate it | 4-Sep-09 07:08 pm | ||
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R: By price, are you referrin...
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nli200808 | Rate it | 7-Sep-09 11:47 am | ||
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I agree with that most ti...
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goldstrawst... | Rate it | 8-Sep-09 10:32 am | ||
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JP Morgan are goons... See their upgrade...
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trugerisch | Rate it | 8-Oct-09 02:03 am |
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