Friday, August 29, 2008

What the heck is going on with FMD today?

FMD is up almost 17%. I own fmd from 38 and 12 and I have pretty much given hope about getting any of my money back. So, I wasn't following it and today its up 17% and I can't find a substantial news. Short squeeze - probably. But, didn't we already have one just some time back? I need to do some research again.

Wednesday, August 27, 2008

VLO - Breaking out?

Vlo broke through 50 day moving average 35.45, climbed upto 35.95 and retraced back. Its going above 35 again. Are we seeing a breakout here?
At least street.com says so
http://cosmos.bcst.yahoo.com/up/player/popup/?rn=289004&cl=9401170&src=finance&ch=633473

Tuesday, August 26, 2008

Earnigs play - AEO

Aeo is going to report earnings today. I was thinking of buying calls of aeo yesterday but refrained.
Oil price has taken its tall on this stock as it has in other retails. Still its a Recognized Brand, stock is trading with low and Currently at nearby 52 week low. Also, Insiders are buying and holding. http://finance.yahoo.com/q/it?s=AEO
It would be interesting to see how it plays today.

Monday, August 25, 2008

Solars

With low pes and good profits, I am tempted to take more positions in solars. Though, I really feel an urge to short fslr. Here is a link that I got from yahoo message board.
http://solarfeeds.com/index.php?option=com_content&view=article&id=3157:solar-stocks-comparison-table-8222008&catid=75:climateer-investing&Itemid=115
With LDK providing some strong future - http://biz.yahoo.com/ap/080825/ldk_solar_outlook.html
it looks like solars are going to have some rally today. I have already bought sept 20 call of SOL.

Saturday, August 23, 2008

Ouch!

Taekwondo Loser Disagrees, Kicks Judge's Ass
What a way to finish the olympics! Being a judge in in taekwondo must require higher premium of insurance ;).

Tuesday, August 12, 2008

NTRI

NTRI is holding pretty well. Probably short covering or company buyback or may be both! Regardless, its working well for my portfolio :)

Friday, August 8, 2008

NDAQ

Bought two calls of NDAQ yesterday. The PE is really low and company is definitely making profit.
JAN 35 for 2.95 + brokerage
SEP 35 for 1.1 + brokerage

Both the calls are in green now and I hope I recover some of my loss through these positions.

Its a "who sucks faster" game

Earnings are over for all the positions I have - pretty much got crushed in every position so far. Although I did make some profit on the puts that I had bought to hedge on my positions. SuckerList
Long-

NTRI,
Nyx,
WFMI,
CROX,
VLCK,
SMSI, - Took loss and sold some position.
IMMR, - Took loss and sold some position.
FMD, - I have a huge loss. Can't even think of selling it now.
ENT, - Not quite sure whats up with this company. Just holding 100 shares at $550 loss.


Short -
AMZN(Among all the stocks - why did I short only this one?)

Ok - I still believe market will go up .... someday!

Friday, August 1, 2008

NYX - A Bizarre Stock


All those people who are trading nyx for a while know how bizarre this stock is. This is the screenshot I had taken today in premarket. How many times have you seen bid price more than ask price?