Cheap, Lazy Investing™

When I see a stock like SYNA drop over 30% in a day, I wonder if the traders are stupid or if they know something the rest of us don’t. I’m still not sure, so I made the buy in WallStreetSurvivor rather than with real money, though I am tempted. Today, askStockGuru has them going to the $36 range. The CAPS Fools generally like, with some healthy dissonance.

Tags: forecast, SYNA, Synaptics Inc. (SYNA), WSS

Cheap, Lazy Reference links: Yahoo! Finance, Wall Street Survivor, Motley Fool CAPS, askStockGuru, Google Finance, MSN Money

One Response to “Synaptics Snapping”

1. Synaptic Strategy Success « Cheap, Lazy Investing says:

   August 4, 2009 at 8:57 am

   [...] play I chickened out of in the real world for SYNA and blogged here on Saturday worked out.  On WSS I picked up the stock at 24.99 and sold at 30.00 for a fast profit. Before I [...]

This entry was posted on Saturday, August 1st, 2009 at 12:33 pm and is filed under Trades. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.