3SOF

Thanks for your insight Melf.

Scott, I read that....but its funny, he maintains 91 target with buy, and says its too 'high' at the moment .  i thnk its a perfect example of 'pumping' and then 'bashing' to get in while its ower again. 

having said, that i m keeping a close watch on my long position in aapl, i think it mite be due for small but quick correction b4 it takes its 52 week high.

Melf,
Any take on AAPL here?  Ready to test its high?  Or do you expect a strong resistance, and possibly a correction?  Whats your take?

I agree it was on strong uptrend until options news came out today.  Seems like there are some serious flaws.

AAPL is down close to 7% in AH!!

Where do you see it heading, Null,Melf?

What is a better trade to make?  I strongly believe in the fundamentals and growth prospects of the company, but am not sure if I should buy it on drops, or be on the short side until it settles around 60 again(if at all)??

And can you explain why do you think so?  I read there was too much short interest on July 21 st...but i thought after blowout earnings it would mean short covering....it acted otherwise, falling in news of COO leaving for family reasons ignoring the blowout earnings and increased estimates for entire year.

What would be a trading strategy for me here......I am in [email protected], should I sell and just get out....?  Its trading at 54.00.

NTRI -
Late Monday, the company reported second-quarter net income of 53 cents per share on $132.6 million of revenue, topping analyst forecasts for earnings of 45 cents per share on $123.5 million in sales.

Shares fell, however, by $8.30, or 12.2 percent, to $59.50 in premarket trading on the INET electronic stock exchange as investors were unable to shake off the announcement that President and Chief Operating Officer George Jankovic is leaving the company.

Van Winkle raised his price target on the shares to $91 from $78, maintaining his "Buy" rating.

Full article at
http://biz.yahoo.com/ap/060725/nutrisystem_ahead_of_the_bell.html?.v=1
Also check
http://www.thestreet.com/_yahoo/newsanalysis/winners/10298986_2.html

Its down almost 20% now.

Can somebody explain me, who will be sellers at this point.  I noticed huge 10 cents spread in bid/ask throughout the day. 

And if any one follows the stock, p.s discuss.

I think its a great buy, and great time to get into a long position.  They even increased their year outlook, and industry is good too. 

Is it still a good price to get in?  The news surrounding this stock seems positive, but don't see how far it can take the price of the stock.  Any ideas    Techonology looks promising but does anybody have any details about how is the inside management, and its track record?