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:
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.
Again, I didn't buy Akamai. Hopefully others have made some money.
I did buy some AKAM for a fictitious practice account (no real money involved).
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
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
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