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Lam Research Corporation Message Board

  • storagelh storagelh Feb 27, 2006 9:11 AM Flag

    Not good

    If this holds the 50dma will be broken and its on down from there. I know most of you cheerleaders think lam went up on its stellar earnings and top notch management. Stocks don't go up parabolic when their business model doesn't reflect the move without good ol crooked ass wall street running over people. If its all about earnings there would be no way this drops 15% like it did. Now if they ran the shorts out, and there is nobody left to screw, now that is a reason for it to go down. Play the games, but understand them first !!!

77.63+0.35(+0.45%)Nov 27 1:00 PMEST