Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I was thinking of him today and doing the math. LMAO.
he is pulling your leg. lol
yep, I let it pass :-o(
you may have a resistence point at 4.42 after which it may go down a bit. if it break 4.42 it will shoot up to 6, you were late in entering. This am or pre-market would have been good
havin a great day here so far... 4.14
not sure if i am getting in yet or not -- its just not falling to my entry point
Is it me or does Friday's 10Q show better Financial numbers than the previous quarter or just the new accounting methods making it look better???
Thomson Financial - Gradient upgrades PALM, INC. from HOLD to BUY.BY Investars Analyst Actions
— 1:06 PM ET 03/30/2010
On March 30, 2010 Thomson Financial - Gradient upgraded PALM, INC. (PALM
Loading...
) from HOLD to BUY.
1 million shares!!! Holy Toledo!
It seems to me 3.65 must be an unbreakable bottom unless the company
files the bankruptcy which is impossible within a month! Both 3.67 & 3.7 are very strong supports. 3.72 might form another solid support.
I am still in the profit status with near 1M bottom around shares!!!
I have been waiting for those levels too, but there seems to be a lot of support in the $3.65 - $3.75 channel.
3.88 in the AH -- can this get below 3.5???? thats my trigger set already
Hold over 900,000 cheap shares which I bought at 3.65 ~ 3.73 before.
Is there any possibility to file the CH11 or even CH7 within a month
since all kinds of "0" price targets by the very sick analysts?
3.90's now --- would love to get some around 3.5 or under still
I think it is up from here look at volume on the day it was in mid 3's. It was supported we at the 3.75 level. This price is temp hold till swing traders sell out and once thats is done I bet the ask will be very thin untill $5
PALM is a beast of a stock right NOW!!!!
IMHO its still settling out -- I have still not take a starter here -- waiting this week out to see what happens -- but willing to start a starter at 3.5 and lower if it goes
just never know with the news flowing out
Why the price declined to $3.7 today? In the after-hour it was down
further to 3.67 which is only two cents higher than the bottom 3.65!
Will any bad news kick in tomorrow? Anyway I hold about 0.9M shares.
Palm is dead, it isn't a play except for a short or put. They have no good news coming, and face bankruptcy. If they get bought out, it will be at a very low price: $1 or $2 a share. I would wait for the real bottom if I was gonna buy—which I have no plans to.
looks like they have found a pretty stable support level at $4
a buy-out would be the best scenario here -- get 6-7 a share and let a larger company (AT&T, GOOG anyone) run the os/apps
never know --
I might just enter here if it holds $4 the rest of the week
looks like they (PALM) have set up shop at $4 mark -- found a bse --
should pulled the 3.65 trigger --
There's been analyst opinions for some time that Palm would go under.
Actually they forcasted it wouldn't be around after 2010 along with others like Blockbuster and Nokia. We'll see but it's not looking good.
buy out maybe?
Why those very sick analysts cut the target price to zero? Even PALM
files the bankruptcy tomorrow the price will not hit zero ($0.3~$0.6
at least). How could those greedy bashers speak in such stupid way?
Should the SEC and law restrict those very stupid analysts mislead
the investing public? Why the US laws allow them stay free of jail?
They made the numerous investors lose money or even their life time savings! I bet 3.65 is the unbreakable bottom price. I am happy with
huge amount of shares at $3.65 ~ $3.73. It should break up $4.24...
looks like $4 will be the entry here -- will give it a few day/s to confirm --
Note To Self... It seems PALM has a Stock Split every 4 years or so, (1:20 split on October 2002 and a 2:1 split on March 2006). Another stock split is overdue, imo.
Also:
Barclays analysts believe that Palm Inc.'s (NASDAQ:PALM) launch at AT&T (NYSE:T) and China Telecom (NYSE:CHA) will provide necessary carrier distribution but will do little to ease the company's challenge of material CDMA channel inventory at incumbent carriers.
Palm announced the availability of the Pre and Pixi Plus at AT&T with availability in the upcoming months. China Telecom also confirmed that they plan to launch the Palm Pre in July.
The bank believes that the launches will provide the company with much needed additional distribution.
Analysts Amir Rozwadowski and Jeffrey Kvaal said, "We believe growing share at AT&T is likely to prove challenging as Palm's devices will now go head to head with the iPhone, RIM, and the carrier's ramping efforts in Android."
Source: http://www.mysmartrend.com/nw/20279
lol -- i am starting to think 3.60's are going to be about as low as it will get around here -- we'll tomorrow -- but I will be taking a starter here tomorrow no matter what -- this has BUY OUT written all over it -- and they'll get more than $4 a share IMHO
PALM LISTED BY ZACKS AS A POSSIBLE AQUISITION TARGET
March 22, 2010 05:00 PM Eastern Daylight Time
Zacks' Voice of the People highlights opportunities with Palm, Apple, Google, Motorola, Verizon, and AT&T
CHICAGO--(BUSINESS WIRE)--Zacks highlights commentary from People and Picks Trader “PrimoTenore”.
For more Voice of the People, visit http://at.zacks.com/?id=5851
Featured Post
The case for PALM as an acquisition target
There's a really good article on Gizmodo on why Google should buy Palm (Nasdaq: PALM). Here's the short version of the argument:
1. Apple (Nasdaq: AAPL) has already started a patent war with HTC, whose real target is Android.
2. Palm has a great big portfolio of patents, some of which may be grounds for suits against Apple for infringement.
3. Palm is dirt cheap to a company like Google (Nasdaq: GOOG) or even Motorola (NYSE: MOT).
4. Palm's army of WebOS software developers should integrate nicely with Google's Android team, since their shared Linux lineage make them kissing cousins.
5. Palm is staffed very heavily with former Apple employees who would have firsthand insight to inform Google's battle plan.
6. Palm has experts in hardware development, a function Google is currently farming out to minor players like HTC.
7. Palm has a whole team in carrier relations. If Google is going to make real progress getting Verizon (NYSE: VZ), AT&T (NYSE: T) and the like to push Google devices on their customers, those relationships could use a boost.
Looking at a chart of Palm, it's hard to see how it could go much lower. This is a very compelling case for what an attractive takeover target it would be. I think it's a good speculative pick at this price.
About the Zacks Community
In 2008, Zacks Investment Research launched PeopleAndPicks.com, a stock-picking website where members of the Zacks community can test their strategies and share ideas with other members. Each user is scored on the accuracy of his or her picks, and top users are rewarded with free products from Zacks. Registration is free. To learn more about People And Picks, visit http://at.zacks.com/?id=5957
About Zacks
Zacks.com is a property of Zacks Investment Research, Inc., which was formed in 1978 by Leonard Zacks. As a PhD in mathematics Len knew he could find patterns in stock market data that would lead to superior investment results. Amongst his many accomplishments was the formation of his proprietary stock picking system; the Zacks Rank, which continues to outperform the market by nearly a 3:1 margin. The best way to unlock the profitable stock recommendations and market insights of Zacks Investment Research is through our free daily email newsletter; Profit from the Pros. In short, it's your steady flow of Profitable ideas GUARANTEED to be worth your time! Register for your free subscription to Profit From the Pros by going to http://at.zacks.com/?id=5958.
Follow us on Twitter: http://twitter.com/ZacksInvestment
Join us on Facebook: http://www.facebook.com/home.php#/pages/Zacks-Investment-Research/57553657748?ref=ts
Visit http://www.zacks.com/performance for information about the performance numbers displayed in this press release.
Zacks Investment Research is under common control with affiliated entities (including a broker-dealer and an investment adviser), which may engage in transactions involving the foregoing securities for the clients of such affiliates.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.
I think the time to buy will be around $1, maybe 2. But it has a serious decline and a very sharp sale trend
o ya, i think its realllll close myself -- just making sure/lol
best of luck to you as well
Not convinced either. When the ATT news wares off and reality kicks in that this morning's news hardly makes a dent in Palm's troubles, the market may take it down further.
down 35% last 2 days... a bit over done imo. if this isn't the bottom, i believe we are very close. gl2u.
i would not call this a bounce just yet boss -- i hope it runs hard when it does, but we are still teetering under $4 and might close red for a further drop tomorrow -- i am holding off for now
lol, good luck with that...
Patience, patience... ;oD
$4 again -- our shot at 3.5 may not come now eeerrr
Waiting for a lower entry point, ~ 2.50 or less, imo.
yep yep -- will be holding off a bit longer it would seem
trust me i am not yet/lol its still dropping pre bell -- 3.70's and dropping -- those 3.2's are coming
You may be correct. If one keeps waiting for the bottom opportunities may be missed. Palm reminds me of Sprint in some ways; they both have struggled and fallen behind competitors but still have good product offerings and immense upside. At these levels, the company has great buyout potential.
Time will tell.
Thought on this would be scale in $2.50, $2.00 $1.50 on the way down might work out in the long run...
Good morning.
It appears there is still sell pressure- as low as $3.85 in Pre-market. Watching for an entry but not until this trend takes it's course.
GLTA
I wouldn't buy PALM right now if I were you and I will tell you why, I was thinking of investing on it too but these are my reservations:
1. You have no support level of any kind till 3.87 which is the lower bollinger band, basically below this you have nothing to fall on.
2. MACD both histogram and fast line are downticking and not crossing.
3. Your closest resistence level is the 5 day moving average which is all the way to 5.2 and you just had a gap down on Friday (almost a dollar), it will be a draggy investment for weeks to just fill it.
4. Your ADX (or trend) is on a very strong sell signal with a the red line at 49 and the black line at 40. Meaning if you want to be a bull you have the trend against you 100% of the way.
5. Your money flow is not only at 0 but -0.5 and all the way to the bottom.
I think you should wait, looks like it is heading for penny land. If it gets bought? Sure. but it hasn't. Why dont you short it?
i think it will as well -- i have my alarm set early/lol -- it could see bottom at $3.97 and bounce from here -- or future fall and get closer to 3.5-23.25$ or lower while being shorted more --
then a fast cover to settle around 3.5 -- making the potential rumor of 'buy-out' cheaper for the new company
has there been talks of 'buy-out' from PALM? TIA -- just about to take a starter here -- one the bounce but will stay it the story turns 'buy-out' potential
Followers
|
6
|
Posters
|
|
Posts (Today)
|
0
|
Posts (Total)
|
364
|
Created
|
01/04/03
|
Type
|
Free
|
Moderators |
http://finance.yahoo.com/q/ks?s=PALM
Palm, Inc. provides mobile products for individual users and business customers worldwide. The company offers integrated technologies that enable people to stay connected with their family, friends, and colleagues; access and share the information; and manage their daily lives on the go. Its products include Palm Pre, Treo, and Centro smartphones, which provide a range of productivity tools and personal and entertainment applications for the consumer and business markets. The company also offers Palm webOS, an operating system for mobile use, as well as provides related services, including software updates, back-up and restore of certain data, remote erase of a device, and access to the applications catalog. The company also offers handheld computers, as well as various add-ons and accessories, including memory expansion cards, micro USB cables, charging kits, vehicle power adapters, and carrying cases. Palm, Inc. sells its products to wireless carriers, distributors, retailers, and resellers through Internet, retail, reseller, and wireless carrier channels worldwide, as well as through its online stores. The company was formerly known as palmOne, Inc. and changed its name to Palm, Inc. in July 2005. Palm, Inc. was founded in 1992 and is headquartered in Sunnyvale, California. As of July 27, 2000, Palm, Inc. operates independently of 3Com Corporation.
Volume | |
Day Range: | |
Bid Price | |
Ask Price | |
Last Trade Time: |