IGT Stumbles After Strong Earnings Report
Posted by Blain Reinkensmeyer
November 7, 2006 at 11:47 am
Should have seen this coming, and I apologize to those shareholders (which includes myself!) After Las Vegas Sands (LVS) tumbled last week, this should have been foreseen. Regardless, International Game Technology (IGT) is heading towards $41 support and its 50 Day Moving Average, currently trading real time at a last tick of 41.31 on total volume of 3,260,700. The stock is down 4.40% currently with an intra-day low of $41.25. I am personally holding my shares for now, maybe release some with a quick bounceback towards $42. I spoke on the Leisure-Gaming/Equip Industry Group as a whole yesterday, and the base continues to establish itself.
Happy Hunting!
Subscribe via email:
[...] Posts • IGT at New Intraday Highs, $42 Anyone?• XING Stock Opportunity, Join Me• A Wild Play on ICON for Those Who LikeTaking Risks• Apple Back in the Black• Google Back in the Black• Early Mover, LVS up Over 3%• Daily market commentary for Wednesday, Nov 8th, 2006• AAPL Breaks $80 Discussion• NVEC Up 7.75%• IGT Stumbles After Strong Earnings Report [...]