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Tuesday, April 25, 2006

Tradestation Stock Down

Tradestation is down after hitting their $.15 earnings per share forecast, and reported a record revenue of $29.4 million. So why is the stock down? It looks like investors sold on the news. Also if you look at the other brokerages, they also were down on their earning days. Tradestation is still a buy because it appears the chart is forming a handle and after a minor correction and is due for a big bounce. We're predicting a $20 target. Hang in there investors.

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