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9 pts

Opinion on  Palm Inc (PALM)     Sector: Technology  >  Industry: Computer Hardware
I don't think so

Jun 08, 2009 09:07 PM GMT
Return Risk
+12.48% LOW
Sr. Analyst

I don't think the Palm Pre cracked the iPhone ice. It has about as much earning potential as Twitter compared with Google. The share prices recently have emasculated traders. Well I think they can rest easy now, a stock that hasn't seen a lot of short activity is seeing a LOT of put activity, indicating that people have lost their zest for this flavor-of-the-month.

PALM:  This call was made on 06/08/09 @ $12.16
Rating:   Negative   $12.16 (06/08/09)
Closed:   06/12/2009 @ $14.42 (-18.59% in 4 days)
Target:   $9.00 (-25.99%) in Three months


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