Palm Stock Rallies on Pre Sentiment

Posted By: Ryan Kairer Friday, June 26, 2009 10:54:17 AM

Palm StockPalm shares are up sharply today further extending an after hours rally that began yesterday. Despite losing another $100 million dollars, Wall Street has reacted quite positively to the recent numbers despite the lack of solid information about the Pre's performance.

Palm shares are currently trading at 16.21, up 2.19 for a gain ~16% on the day so far. Tech Trader Daily has a post up that takes a look at all of the different analyst calls and takes following yesterdays earnings call.

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Opportunity lost

Nycran @ 6/26/2009 7:49:16 PM # Q
Hot damn, anyone got a time machine and a loose million dollars?
RE: Opportunity lost
SeldomVisitor @ 6/27/2009 3:34:10 AM # Q
I think I just lost 10 years of my life.

Or is that regained?

RE: Opportunity lost
abosco @ 6/28/2009 7:32:46 AM # M Q
Well, let's just hope that someone here was smart enough to invest in January during the "Palm Approaching Dollar Stock Status" article.
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the way it goes :-/

gmayhak @ 6/28/2009 8:08:59 PM # Q
I think Jeff sold at around $11 ?
Here's my take on his new venture...
http://www.italentproductions.com/bothive.html

Gary
Tech Center Labs

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