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Opinion on  GigaMedia Ltd (GIGM)     Sector: Technology  >  Industry: Computer Services
Gigamedia (GIGM) falling

Jul 24, 2007 06:19 AM GMT
Return Risk
+7.71% HIGH
Tracked Blogger

Fundamental Analysis  
Via swingtrading.catspeaker.com:  

I've been short Gigamedia (GIGM) for most of the year. At some point I new the tide would change. I only wish I felt that way later than I did so when I entered the position, I would not have been so far negative. Gigiamedi (GIGM) is testing lows not seen since March. My patience is being rewarded as Gigamedia (GIGM) heads for the low 12's. It is my hope it falls below 10. I'll be sure to cover then.

TraderCam

This is a tracking account  [?]   SocialPicks is not affiliated with swingtrading. The POS/NEG sentiment is automatically determined by SocialPicks from this blog post and should not be recognized as a position recommendation by swingtrading

GIGM:  This call was made on 07/24/07 @ $12.41
Rating:   Negative   $12.41 (07/24/07)
Gain/Loss:   +68.25% in 865 days


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swingtrading previously rated GIGM
Positive +12.10% Sold balance of Gigamedia Ltd (GIGM) position
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