June 2007 Stock Talk

Here is another crazy thought..

GOOG hovering around 503 and tomorrow is expiry..who here thinks GOOG closes square at 500 tomorrow?

ME, I do.

The GOOG 510 puts are going for 7 bucks today, if the stock closes at 500 tomorrow then those puts are worth 10 a contract. Of course there is the risk that the stock closes UP for some reason or off the strike, but I just dont think it will happen...too many times I have seen GOOG close at crucial strikes on expiry and I imagine the same tomorrow.

It is TEMPTING to buy some GOOG 510 puts just for tomorrow for the potential of a 50% return.....risky but has potential.

Big$$$,

Whats up with the WNBA? I have been losing the last week, need some winners bro.

DEEP has a small range, is that an IPO?

What stocks were you wanting me to comment on again?

If they close GOOG on 500 even on an up day it will confirm my suspicion about what a messed up market this is (which we all know)

what are you saying, sell in July and buy in Sept? the market in general?

my new pick

MYL

Mylan Labs....will be buying this morning. fanastic amount of new institutional money coming in on top of very nice insider buying

compared with WPI and BRL (other generics) MYL has a ton fo cash on hand, the stock is much healthier and very cheap

range bound from 18-22 in the last 3 years...20% gain is what i'm looking for

I bought the following stocks today.  Feel free to fade me:

BLDP 4.55
CEGE 3.74
IRBT 18.02
OVTI 15.71
SIMG 8.52
STEM 2.54

D2,

I choose to not fade even though 3 of those I question.

GVK, you have a great memory, I bet he is long gone. That contract news if true ensures it dont see zero..lol

wallstreet, which 3 do you question?  Just curious.  I don't mind any thoughts or critcisms.  

D2,

Well you are very capable but the 3 I dont like are-

BLDP
STEM
CEGE

SIMG and OVTI are acting like dog crap in this wacky market, not my favorite technically either.

Ballard has so much promise and never delivers, STEM is years away from making a big move and even with a DEM in office I dont think it goes a great deal higher, I think there are better stem cells out there and CEGE is another touchy sensitive biotech as we discussed here.

Tell me what you LIKE about them, not that you have to prove anything rather I am curious as well.

Your deference is not well placed.  I don't know shit about investing in stocks.  Sports, yes.  Stocks, no.  Just tried to find stocks that are beaten down a bit but show promise and seem to be in good spaces for the future.  This is just basically another form of gambling for me.  Just dabbling.  If I lose I won't go hungry.

Oh, and one that I didn't post I bought a few months back has done quite well.  A company called Hydrogenics (HYGS).  Bought it at the all-time low of .8433, now 1.28.  Even a blind squirrel finds a nut every now and then.

efut was today's biggest winner LOL.  I still have my puts on AMZN LOLOLOLLLL  I blame Big$$$ for my losses in that company I woulda never thought to go short hahahahaha  I'm kidding but actually at the same time not!  Anyways hope you guys are making some bread, how about FSLR!!!!  That stock is NO joke!!!

Big$$$,

My EFUT was merely an example..I couldnt short that one if I wanted. The float is zippo and shares arent out there, it was a figuritive short, plus my initial "figuritive" short was 31..

$$machine, every single comment I have made about FSLR has been WHEN it pops and I have very loudly said that you DONT GO AGAINST TREND. Thats what I warned you about CRM and AMZN, the trades were wrong the second time because they were going against very strong trends and technically it was the wrong time and I was right.

I still feel FSLR deserves to be a 40 buck stock, but I have never said when..the PE ratio on the stock is extremely out of wack but I am smart enough to know these ratios can be wrong for years! I was a broker during times when fiber optic stocks had metrics even worse than these solar stocks and people lost their shirts going against them, but look NOW..no optic stock (except CSCO) has survived outside reverse splits and 90% corrections.

FSLR will have its day, and when it reverses trend and breaks moving averages and reverses trends I will be there waiting.

Same thing goes with the market in general.