Wednesday, July 18, 2007

Western Digital (WDC)

Current Rebeltrader swing trade (WDC) got a boost this morning from analyst Needham. They previewed the upcoming earnings release and they feel that they will meet or beat the expectations on strong OEM demand for hard drives.

This may add to the pre earnings run which benefits us. Then we will sell before the earnings to protect our gains. Holding swing trade through earnings releases is too risky.

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