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Friday, October 20, 2006

Akamai (AKAM) Buying Opportunity


Akamai Technologies (AKAM) is up over 140% YTD. Many of us have missed this one. Akamai has pulled back to its 50-Day moving average. The current closing price of $46.19 looks like a nice entry point. I would set a stop-loss around $42.50.

As of 10/20/06, I have no position in AKAM. This is not investment advice. Invest at your own risk.

5 Comments:

Blogger mde said...

You need to start following your own advice. Nice call on AKAM as it is up three dollars since you mentioned. I enjoy reading your blog and keep up the good post.

10/24/2006 5:08 PM  
Blogger Big Ben said...

Again, I didn't buy Akamai. Hopefully others have made some money.

10/25/2006 4:41 PM  
Blogger Big Ben said...

I did buy some AKAM for a fictitious practice account (no real money involved).

10/25/2006 4:43 PM  
Blogger BfloBiker said...

American Axle sneaking out of Buffalo, NY in the dead of night with the UAW's help. Check out Local 424'LM-2. AAM cancled rail service and is moving out machinery on trucks

12/23/2006 6:20 PM  
Blogger BfloBiker said...

American Axle sneaking out of Buffalo, NY in the dead of night with the UAW's help. Check out Local 424'LM-2. AAM cancled rail service and is moving out machinery on trucks

12/23/2006 6:20 PM  

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