SHREVEPORT, La., June 9, 2006 (PRIMEZONE) -- DonHarrold.net (IARD No.119079, http://www.donharrold.net), rates Conexant Systems Inc. (Nasdaq:CNXT), Schlumberger Ltd. (NYSE:SLB), Peabody Energy (NYSE:BTU), and Liberty Media Interactive Class A (Nasdaq:LINTA).
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Important Stock rating Changes: Conexant Systems Inc (Nasdaq:CNXT) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/CNXT.php Schlumberger Ltd (NYSE:SLB) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/SLB.php Peabody Energy (NYSE:BTU) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/BTU.php Liberty Media Interactive Class A (Nasdaq:LINTA) DonHarrold.Net Rating: Sell
Conexant Systems Inc (Nasdaq:CNXT) closed recently at $2.55 with a volume of 230092 X 100. My current rating on CNXT is "Weak Sell."
A "Weak Sell" stock is one that I think will probably move lower, yet the downtrend should be minimal at this point. If you hold the stock and are hoping for a move higher, a "Weak Sell" could be good news.
The "Weak Sell" rating is tricky, though. There are mixed signals that at once show the stock is going lower still, but could stop the drop anytime. It's a signal that says, "Be ready for a change of character."
My least favorite rating is the "Weak Sell" or "Weak Buy." But, on the flipside, the next stop from "Weak Sell" is "Strong Buy!"
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