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Beware: Wall Street sharks on the move on VA Software (LNUX) again! May 7, 2007

Posted by deminvest in growth stock, Internet stocks, investment, linux, lnux, lnux VA Software, My investing mistakes, nasdaq, Nasdaq stock, opensource, Single stocks, stock I own, stocks, VA Software.
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(LNUX) VA Software up 8% today: do not trade LNUX! Sharks (who may have good friends) are in action before earnings… Again… We, the small investors, shall BEWARE!

LNUX is up 14% since May 03, 2007 when VA Software Corportion (LNUX) announced that it will release its third quarter fiscal 2007 financial results on Thursday, May 24, 2007, after the close of market.

We are (ONCE AGAIN) seeing suspicious movements before Earnings are announced to the public.

What should we do?

NOTHING:

If we sell shares now, we may give a big advantage to people who may know that those earnings are great.

If we buy shares now, we may give great advantage to people who may know those earnings are bad. Mabe they have bouth to cause this hike and sell at higher price. (more…)

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