5/11/2006

Hansen Natural Corp (HANS) and Goldman Sachs



The analyst at Golman Sachs upgraded the stock Hanse Natural Corp (HANS) yesterday and set a price target of 230 on it.That resulted in climax run and today a reversal. Now after two days of wild frenzy the stock is down 15 points as of now.
The best stocks are the ones where there is no analyst coverage and then they show exceptional growth. When the analyst arrive most of the fun is over.

3 comments:

Pradeep Bonde said...

That is all speculation. Based on price and volume action this one looks like climax run. When I see three gaps after a long move, I know it is time to run.

momomiester said...

This is almost as good as when they put a stock bug quote on cnbc to seal it's fate. I guess those guys get paid alot to recomend stuff straight up in a parabolic fashion. I had a short going at 199 yesterday and covered for some but I just scalp trade.

http://momentumdaytrading.blogspot.com

momomiester said...

Big firms recomending straight up stocks is almost as good as CNBC putting a stock bug in their show. I have made much shorting that contrarian signal. Plus, the market is nutso for specific metals and such to the point of excess. Bubble two the sequel.
http://momentumdaytrading.blogspot.com