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Wednesday, July 20, 2005

Update 3: Live Action: Millipore Corp (MIL)

MIL Millipore: Hearing stock downgraded intraday at tier-1 firm on valuation (61.38 +2.88) (Briefing.com)

MIL made plunged from $63.73 down to $61 within some minutes.

It turned out to be quite a bad idea to play on MIL earnings, because MIL jumped 9% today, but I am still holding the position. There is not much to lose anymore at the moment, and I thikn the downside area is wider.

Update (July 20, 2005 11:59 AM):
There are also rumors that Merrill cuts MIL:
MIL Millipore: hearing stock cut intraday at Merrill on valuation.. no confirm (61.38 +2.38) (Briefing.com)

See also:
Update 2: Live Action: Millipore Corp (MIL)
Live Action: Millipore Corp (MIL)

1 Comments:

Anonymous Great Values In Stocks Under 4 dollars said...

I would prfer a stock in the food business or health care to millipore.

12/07/2011 01:56:00 PM  

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