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HPC Market Watch

October 28, 2011 at 03:00 AM EDT
The Stockfather Reports the following Stocks are Bullish: MF, BIDU, NFLX and CLWR
(EMAILWIRE.COM, October 28, 2011 ) Chicago, Ill. - The Stockfather's newsletter ( http://www.thestockfather.com) has published a report on the following stocks that are now considered bullish:

The Dow is coming off its highest gains since mid August, leaving many stocks bullish.

The most bullish according to the stock newsletter is Clearwire Corp. (Nasdaq: CLWR). Clearwire is close to finalizing an agreement with Sprint Nextel (NYSE: S).

Published reports stated this morning that Sprint and Clearwire are near an agreement to extend their existing network-sharing agreement for three to five years.

The deal would allow Sprint to use Clearwire's network to provide services to its customers after the current pact expires at the end of 2012.

Shares of both Sprint and Clearwire are up in after hours trading. CLWR closed at 1.91 on Thursday.

Other bullish stocks according to The Stockfather include MF Global Holdings (NYSE: MF). Shares of MF closed at 1.43 on Thursday. It is far off its 52-week high of nearly $10.

Meanwhile, Netflix (Nasdaq: NFLX) has been beaten down from over $300 to $74. It closed Thursday at 80.86.

And Baidu, Inc. (Nasdaq: BIDU) closed up over five percent on Thursday at 138.39. The year range on BIDU is 94 to 165.

The Stockfather publishes a newsletter to its subscribers at http://www.thestockfather.com.

About The Stockfather:

The Stockfather searches the markets (from OTC to NYSE) for stocks positioned to make big gains. Stocks and companies are featured on The Stockfather web site and e-newsletter.

Disclaimer:

For this news release, The Stockfather was not paid to profile the company(ies) or stock(s) mentioned. The Stockfather does not own any shares of the stock(s) mentioned. The Stockfather is not a registered investment advisor. Investors are responsible for doing their own research and obtaining professional investment advice. Investors should visit http://www.thestockfather.com for further disclosure information.

The Stockfather
David Conway
312-473-5916
contact@thestockfather.com


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