I LIKE LimeLight Networks. I started picking up more the other day at $9.68 and kept buying as it dropped, the last block being bought at $9.35. Then yesterday, I started selling it as it rose, the last being in the last 30 minutes before the close at $11.50. Nice 9% gain for a hold over the weekend, as it averaged out. It's looking like it's retracing a bit today with some profit taking. I'm looking for it to fall to around the $11 level (around it's 50 day moving average line), and I'll look to get some more there.
Gold is starting to move up again, after failing to drop below the $727 support level in it's retracement last week. What with all the talk of Food Inflation ($3.50 loaves of bread, $4/gallon milk), the Ryder admission that they're hurt by the credit crunch, and all the pollsters saying how bad things are (I think that's mostly politically driven), we'll be seeing a bounce up to new 26 year highs and possibly all time highs before the year is out. Bullion River Gold Corp. (BLRV) just announced yesterday that their reported resource estimate "has been exceeded due to newly gathered information during the mining operation. " That essentially means that there's more gold there than they thought. They're also cutting costs by paring some excess workforce. I'm looking for them to be turning around fairly soon, so get in while you can. Last sale as I type this is $.285 per share.
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