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21 pts

Opinion on  Western Digital Corp. (WDC)     Sector: Technology  >  Industry: Computer Storage Devices
wdc

May 27, 2009 05:33 PM GMT
Return Risk
+5.59% MID
Associate

falling revenue falling net income intrest principal payments starting june. competition headwinds. tese are just my thoughts on this stock this is not a buy or sell rec. you must do your own resaerch 


Update 05/28:

anyone hear bloomberg. govt is gonna own 72% of gm bondholders get 10% and existing shareholders get nothing. I've said this before stocks are just a way to try and make cash. They need to be trade buy low sell high and never stay any where to long. The shareholders are always the ones that get screwed even though they tell you when you buy stock you own a part of the company. There are always things going on behind the curtains that people never know always manipulation going on.This is why it is always important to be market nuetral and play your stock according to info you dig up, and how your stock is behaving not how the indecies are reacting. Be leary of news releases. They are always used to try and gain favorable reactions. Stocks are only a trading vehicle you use to try and create wealth and nothing more it does not entitle you to anything.. These are only my views and oppinions. Hope these ideas are helpful. 


Update 06/01:

when you eat a ton of sugar what happens? your high for a little while. then you crash. why are indicies moving higher because they are removing lower dollar share stocks and replacing with higher dollar share stocks. getting rid of companies that make you look bad and try and replace with companies that make you look good. has nothing to do with performance


Update 06/02:

i told you beware this stock cause when it goes down it goes down like a rock and you can't get out fast enough if you need to. Sugar high is wearing off.


Update 06/04:
wdc

good enough gains in past two days will take trade off here. watch the stock and get back on it.


WDC:  This call was made on 05/27/09 @ $25.27
Rating:   Negative   $25.27 (05/27/09)
Closed:   06/04/2009 @ $24.01 (+4.99% in 8 days)
Target:   $17.50 (-30.75%) in Three months


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