Showing posts with label maps. Show all posts
Showing posts with label maps. Show all posts

Tuesday, October 2, 2007

The Good, The Bad and The Ugly

Unless you work the graveyard shift or live in the Pacific like I do, it may be a bit difficult to relate to what I'm saying. Waking up to see such strange things always gets me.

• In a middling market, AAPL continues to push higher. And higher. Trading at 157.50 right now. Me happy.

• BIDU is up 11% to 317. What the heck is going on? (I'll look at the news later.)

• GRMN is down another 10 bucks or so. When I got a small position a couple of weeks ago, I was content to finally have one more of my A grade stocks in house. Little did I know that the Co was one event away from potential disaster. I thought yesterday's 10% fall was tough, but another 7% today is either pure panic by shareholders or the beginning of a new, not-so-fluffy era. Simple question: Why didn't Garmin just buy Navteq in the first place?

• It's not that bad. LULU exploded today to a mid-day high above 47, now trading above 46.

• RIMM, two days away from Q3 earnings, is falling again. Today, down 3% to 95.75. This wouldn't be the first time a stock sells off in advance of earnings, but it's not what I expected of this week.