LRCX Sets for Sour Open
Posted on Wed 17th Jan, 2007 06:37:09 PM
Look for shares of Lam Research (LRCX) to open tomorrow around $50 a share. The stock reported earnings after hours, and didn’t recieve optimistic feedback from the market. After hours last is $49.91 on LRCX, and I would be cautious trading this stock this week unless you want to take advantage of the heightened volatility and do some day trading. $48 $49 ish SHOULD play as support for LRCX, but that is anyone’s guess. We will see.
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I admire you on the willingness to share this info with others – good luck!