Sell Rating Short Term for ATI Technologies from DonHarrold.net9 May 2006
DonHarrold.net (IARD #119079, http://www.donharrold.net), rates Broadcom Corp Cl A (Nasdaq:BRCM), Medtronic Inc (NYSE:MDT), Tivo Inc (Nasdaq:TIVO), and ATI Technologies Inc (Nasdaq:ATYT). 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: Broadcom Corp Cl A (Nasdaq:BRCM) DonHarrold.Net Rating: Weak Sell http://www.donharrold.net/ratings/US/BRCM.php Medtronic Inc (NYSE:MDT) DonHarrold.Net Rating: Buy http://www.stockpickreport.com/abrating.php?sym=MDT Tivo Inc (Nasdaq:TIVO) DonHarrold.Net Rating: Sell http://www.stockpickreport.com/abrating.php?sym=TIVO ATI Technologies Inc (Nasdaq:ATYT) DonHarrold.Net Rating: Sell http://www.donharrold.net/ratings/US/ATYT.php My "Sell" rating is reserved for stocks that meet a specific set of criteria. This rating is not a long-term rating, rather a short-term opinion that does not reflect on the underlying fundamentals of ATI Technologies. If you are a long-term holder of the stock or believe ATI Technologies' fundamentals warrant a "buy rating," understand that my opinion is meant to give traders or investors a look at the stock on a short-term basis and hopefully help them find an entry position at a better price than the close of Friday. I believe ATYT -- on a technical basis -- is "overbought." To qualify as a "Sell," a stock's Stochastics and Relative Strength indicators must be in classic "overbought" positions. There are more proprietary factors I consider such as how moving averages are crossing and more. If a stock is rated "Sell," I believe the stock is poised for either a move lower or a cessation of any recent price increases. I like the term "exit point." About DonHarrold.net: DonHarrold.net is a stock research firm. Their daily commentary is regular and distributed worldwide. They are Registered Investment Advisors. They do not accept third-party compensation to make stock suggestions. CONTACT: DonHarrold.net Don Harrold (318) 550-3278 Skype: donharrold don@DonHarrold.net http://www.DonHarrold.net
Source: primezone
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