Friday, March 24, 2006

We are Bullish on PALM Today On Great Earnings

PALM revenues were up 36%.

Filling the GAP at the $20 level now.

Also - There should be several analyst upgrades to follow the great earnings just released. Professional traders are washing out the home traders now who hold 100 shares, so expect the stock to lift later today through next week.

"Wash Out" = When Professional traders have a great stock and dip the shares hard to suck out the weak shareholders to increase their position before moving the shares higher.