SHREVEPORT, La., June 8, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No. 119079, http://www.donharrold.net), rates Apple Computer Inc. (Nasdaq:AAPL), Walt Disney Co., The (NYSE:DIS), Google (Nasdaq:GOOG), and Bristol-Myers Squibb Co. (NYSE:BMY) 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: Apple Computer Inc. (Nasdaq:AAPL) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/AAPL.php The Walt Disney Co. (NYSE:DIS) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/DIS.php Google (Nasdaq:GOOG) DonHarrold.Net Rating: Buy http://www.donharrold.net/ratings/US/GOOG.php Bristol-Myers Squibb Co. (NYSE:BMY) DonHarrold.Net Rating: Weak Buy http://www.donharrold.net/ratings/US/BMY.php
Walt Disney Co., The (NYSE:DIS) closed recently at $30.64 with a volume of 126428 X 100. My current rating on DIS 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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