Wednesday, November 29, 2006

Pre-Market - Wednesday November 29th

Another slow news day.

Momos in play:
AAPL up in pre-market - another target raised, this time at Bear Stearns; NYX sellers pushing this one down on JP Morgan downgrade.

Very nice-sized insider buys posted last night for MSCS, it'll be one to keep an eye on again today. CEO buys 115k shares in the $13.43 to $13.60 range. President of the co buys 20k shares at $13.52. We see the insider buys as important, given that we see MSCS as a value play, and a possible acquisition. Thinking this could be the day the stock closes above resistance at $14. - Courtesy of Briefing.com


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