Monday, March 26, 2012

Red Hat; Illumina; US Airways

Red Hat (RHT) reports 4Q'12 results on 02012.03.28. Here's a quote from OptionMonster.com: "The bulls are looking for Red Hat to reach a 12-year high after its earnings report this week." RHT closed Friday, 02012.03.23, at $51.87. 52-week range: $31.77 - $53.42. If the markets get off to a good start this week, then it's possible RHT will make a new 52-week high.

Illumina (ILMN) is being sued by Columbia University over the possible violation of five patents tied to DNA sequencing. It's a great time to be a genomics lawyer. Investors seem concerned. At 8:00am MST the NASDAQ was up 1.16%, yet ILMN was down 1.26%.

US Airways (LCC) is looking closely at possibly merging with American Airlines. LCC closed Friday, 02012.03.23, at $7.55. 52-week range: $3.96 - $10.35. LCC has been a good investment for us, but I've never really wanted to be a US Airways shareholder.

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