SHREVEPORT, La., May 18, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Sun Microsystems Inc (Nasdaq:SUNW), Dell Inc (Nasdaq:DELL), JP Morgan Chase & Co (NYSE:JPM), and General Motors Corp (NYSE:GM).
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:
Sun Microsystems Inc (Nasdaq:SUNW) DonHarrold.Net Rating: Weak Sell http://www.stockpickreport.com/abrating.php?sym=SUNW Dell Inc (Nasdaq:DELL) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/DELL.php JP Morgan Chase & Co (NYSE:JPM) DonHarrold.Net Rating: Sell http://www.stockpickreport.com/abrating.php?sym=JPM General Motors Corp (NYSE:GM) DonHarrold.Net Rating: Sell http://www.stockpickreport.com/abrating.php?sym=GM
My research suggests GM's price will move lower than the "open price" the day this rating was initiated.
This analysis is based on short-term stochastic and "relative strength" indicators.
With my "Sell" rating, stochastic and "relative strength" numbers may agree, but not in all cases.
Investors, traders, and other market participants may find this a good opportunity to sell GM, "sell calls," or "buy puts."
This may also be an opportunity to lower targets and raise stop/losses to protect capital.
Trading volume seems to be falling and GM's closing price moved down during the week before this rating was initiated.
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