SHREVEPORT, La., April 4, 2006 (PRIMEZONE) -- StockPickReport.Com (IARD #119079, http://www.stockpickreport.com), rates Sirius Satellite(Nasdaq:SIRI), Ford Motor Company (NYSE:F), Novavax (Nasdaq:NVAX), and SanDisk (Nasdaq:SNDK).
StockPickReport.com provides unbiased stock ratings from registered investment advisors. StockPickReport offers subscription services for Swing traders, Day traders and Penny Stock Traders. StockPickReport.com issues daily market commentary and features a member's area with detailed information on over 12,000 stocks.
Important Stock rating Changes:
Sirius Satellite (Nasdaq:SIRI) - BUY http://www.stockpickreport.com/abrating.php?sym=SIRI
Ford Motor Company (NYSE:F) - SELL http://www.stockpickreport.com/abrating.php?sym=F
Novavax Inc (Nasdaq:NVAX) - SELL http://www.stockpickreport.com/abrating.php?sym=NVAX
SanDisk Corp (Nasdaq:SNDK) - SELL http://www.stockpickreport.com/abrating.php?sym=SNDK
StockPickReport Commentary - April 04, 2006
Monday was a nice day. Two stocks I bought had spectacular percent gains: Libby Glass (NYSE:LBY) and Epix Pharmaceuticals (Nasdaq:EPIX) both jumped sharply on "news." That "news" regarded the companies acquiring other companies' assets. I trade on technicals, though, so I SOLD into the news.
Stocks like Ford Motor (NYSE:F) need more good news right now than the market can give, I'm afraid. With oil prices on the rise, the "news" on F maybe a long while coming.
The same is true for for Marcus Corporation (NYSE:MCS). I sold them last week for a 9% gain. Since the stock climbed an additional 9% after I sold you might think I "lost" money by selling too soon. But, that's not the case. I actually am happy to take my money off the table. That's why I'm up 25% this year and most traders are flat.
You can see videos on my trades at http://www.donharrold.net
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