SHREVEPORT, La., May 25, 2006 (PRIMEZONE) -- DonHarrold.net (IARD #119079, http://www.donharrold.net) rates Time Warner Inc (NYSE:TWX), Citigroup (NYSE:C), Nokia Corp Ads (NYSE:NOK), and Johnson & Johnson (NYSE:JNJ).
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:
Time Warner Inc (NYSE:TWX) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/TWX.php Citigroup (NYSE:C) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/C.php Nokia Corp Ads (NYSE:NOK) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/NOK.php Johnson & Johnson (NYSE:JNJ) DonHarrold.Net Rating: Weak Buy http://www.donharrold.net/ratings/US/JNJ.php
Time Warner Inc (NYSE:TWX) closed recently at $17.36 with a volume of 315688 X 100. My current rating on TWX is "Sell."
When I rate a stock "Sell," it means that the momentum indicators I follow are in full swing. I see a "Sell" stock as one that is usually already in the process of trending lower from previously overbought levels.
A "Sell" rated stock is one that I would not want to buy. I'd be more inclined to wait for a "Sell" rated stock to drop lower before I considered picking up any shares.
This is a stock that would have -- most likely -- been rated "Strong Sell" sometime in the recent past. Now, I'm waiting to see technical indications that the time to buy is near. The next rating along that path is a "Weak Sell."
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