06
Oct
Author: FreeTradePicks.com
Posted: October 6th, 2009 at 9:06 am EST
Posted: October 6th, 2009 at 9:06 am EST
LoopNet, Inc. (LOOP) – bullish: We almost put LoopNet into the official portfolio – and still might – but for now we’re just introducing it after we got a buy signal from our system. There’s still a bit of a resistance ceiling in place for LoopNet though, around $9.20. If this stock can get past that line, then it’s got a shot at some major upside.

LoopNet, Inc. (LOOP)
PAETEC Holding Corp. (PAET) – bullish: This one is actually going in the official portfolio, at a price somewhere around $4.00 It’s a pretty aggressive trade following the stock’s recent volatility, but the reward makes the risk worth it. The fact that the volume has been pouring in after PAETEC after resistance between $3.55 and $3.80 was broken.

PAETEC Holding Corp. (PAET)
More on this topic
(What's this?)
As the Fog Lifts, PAETEC Supplies Guidance
(Telecom Ramblings, 9/22/09)
Paetec Returns to Growth in Q3
(Telecom Ramblings, 11/5/09)
Loopnet fights the commercial real estate depression
(Blogging Stocks, 10/29/09)
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