SHREVEPORT, La., May 5, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Oracle Corporation (Nasdaq:ORCL), JP Morgan Chase & Co (NYSE:JPM), Amkor Technology Inc (Nasdaq:AMKR), and Queenstake Resources Ltd (AMEX:QEE).
DonHarrold.net provides unbiased stock ratings from registered investment advisors. DonHarrold.net issues daily market commentary and features a member's area with detailed information on widely held stocks.
Important Stock rating Changes:
Oracle Corporation (Nasdaq:ORCL) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/ORCL.php JP Morgan Chase & Co (NYSE:JPM) DonHarrold.Net Rating: Weak Buy http://www.donharrold.net/ratings/US/JPM.php Amkor Technology Inc (Nasdaq:AMKR) DonHarrold.Net Rating: Weak Buy http://www.donharrold.net/ratings/US/AMKR.php Queenstake Resources Ltd (AMEX:QEE) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/QEE.php
When I rate a stock like Queenstake (AMEX:QEE) "buy", it means that the momentum indicators I follow are in full swing. I see a "buy" stock as one that is usually already in the process of trending higher from previously oversold levels.
A "buy" rated stock is one that I would want to buy. I'd be more inclined to buy it than wait for it to to drop lower before I considered picking up any shares.
This is a stock that would have -- most likely -- been rated "Strong Buy" sometime in the recent past. Now, I'm waiting to see technical indications that the time to sell is near. The next rating along that path is a "Weak sell."
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