Tuesday, April 18, 2006

Reduced AOOR.OB and UNH quarterly release, YHOO earning coming too

I reduced my position in AOOR, netting a easy 10% gain on what I sold. But since they hadn't filed a SEC 10-k in 5 months I decided to reduce my position. Their subsidary did end up releasing decent numbers. I think EBOF.ob is still overvalued and AOOR is the best way to play it. Although if AOOR.ob doesn't file today they may face a delisting and may drop down to its moving average which is around 49-51 cents / share.

UNH had some good numbers, actually about 3% better than I expected. I was shooting for an 18% increase in profits and they got 21%. you can read more of their earnings here. From the looks of it they'll open up 2-3.5% from pre market trading, which will be nice considering I'm down a couple hundred bucks in my currrent poition.

Yahoo will be realasing earnings too... got this little tidbit here from Forbes

Deutsche Bank maintained a "buy" rating on the stock on April 16. "The market is clearly indicating its concerns over Yahoo!'s 2006 guidance," the firm said. "While we believe first-quarter results will be tight, we emphasize that Yahoo!'s upcoming search monetization initiatives and relationships with … advertisers continue to position Yahoo! for outperformance in 2006."

I entered YHOO at $30. I'll be happy with earnings anywhere above $1 a share. If it misses earnings again I still agree with Deutsche Bank. but most analysts may not be happy unless they get $1.08/share.

1 Comments:

At 7:21 PM, Blogger Salbert said...

I can't believe I got into YHOO at $34.20!!!! I hop Yahoo! doesn't screw up agian or have people think it messed up....

 

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