Volume Spike Investor

Dell Inc. (NASDAQ: DELL) is down again on the same bit of news as last week… another analyst downgrade.  This morning it was Merrill Lynch that jumped in on the pile-on and cut its rating to Neutral ahead of this Thursday’s earnings.  It seems that selling all these $400 and $500 PC’s is finally dawning on analysts this last week as being as profitable as selling toasters.

Shares are down 5% pre-market at $10.30 on thin volume.  At 8:26 AM EST we have only seen about 17,000 shares trade hands.  Be advised that this downgrades is VERY late to the party.

JON OGG

NOV. 17, 2008