02 February 2007

Downgrade

Wachovia hits Gilead Sciences (GILD:Nasdaq) with a downgrade this morning from outpreform to market preform...nice way to start my Friday...we'll see if traders look at this as a buying opportunity...looks fine premarket down $.28 on 70K shares...probably going to dump the shares if we get an MM sponsored spike at the open...we will see how it goes...jfg.

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