Time Warner today?

Discussion in 'Stocks' started by RichardW, Feb 23, 2006.

  1. RichardW


    OK, I'm new, and I'll try not to ask too many stupid questions, but am I on the right track by thinking Time Warner is a good buy today? I read some news stories, but nothing that seemed all that bad.
  2. TWX, if it closes above 17.37 is forming a nice hammer, on the daily.
  3. Htrader

    Htrader Guest

    Now that the Icahn nonsense is over, TWX is back on its regular path, which is the road to nowhere.

    If you insist on taking a position in this stock, buy half your position at 17, which it should hit in the next couple of weeks, and buy the rest at 16.5.
  4. RichardW


    Thanks. I guess since I'm a beginner I want something a little safe, and make a little bit to get my confidence up. Of course I want to be able to do a few trades a week, so I don't want to wait a month for it to move.