Thursday, February 8, 2007

Stock Watch 2/9/07

I'm not adding anything new today. but from this week's watch, I'm still watching: SONS RAD CPEU EGHT RGBL KBX.

I haven't had one for a while, but my curiosity candidate is Lions Gate Entertainment, LGF.

I've been watching it since earlier in the week. It was above my usual price target of $10 so I hadn't mention it. It was priced at $10.57 when I got in and is now trading at $11.13. Earnings are being reported after the close on Friday, 2/9.

Lately, with earnings reports, up is down and down is up -- in other words, good earnings doesn't necessarily mean the stock trades up and vice-versa.

But check out the chart since 2/5. Can the trend continue even if good earnings are reported?

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