Moving On Maxtor

I wrote yesterday that I’m looking to get shares of Maxtor below $4. Last night, the company disappointed on earnings and gave a dour outlook going forward. The stock is trading at $3.60 premarket, down some 22%. I have a limit order in to buy about half of my target position at $3.50. It’ll probably move fast, so you need to think about what you want to do and get to it posthaste.

This entry was posted in Uncategorized. Bookmark the permalink. Post a comment or leave a trackback: Trackback URL.

Post a Comment

Your email is never published nor shared. Required fields are marked *


You may use these HTML tags and attributes: <a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <s> <strike> <strong>

  • Included with Your Subscription:

    Save 17%

    Pay as you go
    Or sign up to receive free email and learn more about the system.
Bestselling Financial Author