Focus:
Becoming a given Oil became oversold last week under 1.......may see some near term topping however, suspect a higher low developing over 100.....with trending continuing into month end /oct. Was nice to load up on gas at 3.50 a gallon here in denver over the weekend.......trending back to 4 into the fall.........today the first day of fall.....or was it yesterday......
BBI vulnerable to 2.50..see sykes favorites to short comments below......Oversold condition: Watch for dollar alt energy favorite RTK getting a bit oversold intraday........notice the teeterign 1.70 pattern mid morning......cannot locate news.......pivoting back to 1.80.....1.68 -0.47 -21.86% 472,941 Last Trade as of 12:03 PM ET 9/22/08Focus on footing at 3.25 with extreme volatility stock WM into the afternoon.........reminder in on the no shorting list........3.42 -0.83 -19.53% 69,948,373 Last Trade as of 12:05 PM ET 9/22/08 WaMu To Wait Til Bailout In Force Before Deciding On Sale-CNBC 75 minutes ago - FWalthough we sold
SOLF last week (in 13 range) it was a bit of an outperformer when the mkt rebounded last thurs/friday.......expect a higher low at 14 going forward.........keep reflecting on a very strong earnings rpt within the last month.......
Last Trade: 14.45 Trade Time: 11:52AM ET Change: 0.46 (3.09%)dollar china play
CNTF has us humming......see comments below...
Best strength from prior mentions:
gb oil holding TGC surpassing our 1.25 target.........staying put for the momentu 20+gb holding
SNDK holding up well....
22.94 0.42 1.87% 2,517,110 Last Trade as of 11:05 AM ET 9/22/08 10-20 Prior we spoke regarding support focus at 10 with FEED in addition to forwarding the good news...seems to be doing just that............popping back to upper 10 range near term.....FEED 11:14AM ET 10.20 0.17 1.69% 165,033 488,797 10.49 10.06 - 10.69 Mon 9:52am FEED AgFeed buys 2 farms, raises year guidanceAP5-10 Recall we spoke of COIN likely heading back into 7 range (channelling between 6 and 8).......COIN 11:07AM ET 7.34 0.4821 7.03% 238,376 362,823 6.95 6.8701 - 7.5500 3-5 Dollar earnings favorite
HAYZ holding onto 3.........the stock held up fairly well during this months rout.....
HAYZ 11:18AM ET 3.13 0.00 0.00% 71,168 581,563 3.09 3.06 - 3.13 2-3
QTWW Mon 9:31am
QTWW InPlay: Quantum Fuel and German solar partner Asola continue expansion in Europe; sign agreement with leading italian renewable energy system integratorBriefing Reminder on
COMS earnings after close......we spoke of prior earnings being solid......notice intra morning support at 2 as suggested.......below book
COMS 11:21AM ET 2.08 0.01 0.63% 1,253,724 3,739,480 2.09 2.00 - 2.09 Mon 11:06am
COMS Customers Show Strong Confidence in TippingPoint IPS SolutionsBusiness Total Cash (mrq): 503.64M Total Cash Per Share (mrq): 1.243 Total Debt (mrq): 301.00M Total Debt/Equity (mrq): 0.302 Current Ratio (mrq): 1.605 Book Value Per Share (mrq): 2.454 1-2IMOS acting up
EVOL too on low volume
EVOL 11:16AM ET 1.85 0.21 12.80% 6,620 23,298.5 1.68 1.68 - 1.88 china play
CNTF is our closest china watch at the moment.........both volume / price pickup.......pe 10.......nice discovery, although we did mention once earlier this year without really checking into.......1.21 0.12 11.01% 539,484 Last Trade as of 11:38 AM ET 9/22/08 TechFaith and aigo Sign Strategic Cooperation Agreement for the Operator Tailored Market in China Monday 09/22/2008 8:38 AM ET - Market Wire focused on research and development of cell phone solutions based in China. The Company provides handset design services spanning the entire handset design cycle China Techfaith Wireless Commtn Tech Ltd vs. Peers Company Market Cap YTD Price Performance
CNTF China Techfaith Wireless Comm. Tech. Ltd 47.2M -81.2%
QCOM QUALCOMM, Inc.
80.0B +23.9% MOT Motorola, Inc.
17.1B -53.0%
RIMM Research In Motion Limited (USA) 58.4B
FNSR update.......
Last Trade: 1.23 Trade Time: 10:36AM ET Change: 0.05 (3.91% gb portfolio:
outside of TGC pretty a hohum this morning......close eye on the exit door with TGC, given the runup from .95......recall we entered near a buck last week..
do like the way
SNDK is holding onto slight upside.....remain bullish with this holding on the buyout situation...
probably going to move on with LEH next time it jumps back above .20. extremely small position in our portfolio anyhow some bids below inaccurate.
Alerts Symbol Bid[tick] Ask Price $ Chg % Chg Prev Close Open Volume Action Manage hygs $0.6603[+] $0.67 $0.67 -0.02 -2.9% $0.69 $0.66 134,724 Trade Manage itui $0.065[-] $0.09 $0.089 -0.001 -1.11% $0.09 $0.095 258,012 Trade Manage nmkte $0.105[-] $0.107 $0.107 0.002 1.9% $0.105 $0.109 260,782 Trade Manage spng $0.0263[+] $0.0265 $0.0265 -0.001 -3.64% $0.0275 $0.028 14,505,273 Trade Manage mcz $0.58[-] $0.59 $0.5899 -0.0401 -6.37% $0.63 $0.61 95,471 Trade Manage mdii $0.4504[-] $0.52 $0.4502 -0.0197 -4.19% $0.4699 $0.42 53,693 Trade Manage tgc $1.28[+] $1.29 $1.28 0.14 12.28% $1.14 $1.23 526,010 Trade Manage sndk $22.42[+] $22.44 $22.42 -0.1 -0.44% $22.52 $22.41 3,262,375 Trade Manage lehmq $0.175[-] $0.18 $0.175 -0.035 -16.67% $0.21 $0.22 54,661,376 Trade 9/22/2008 11:50:26 AM ET Outside:
Boxer:
11:11am est: Adding
CREE to the portfolio at 26.65 .Funny (but serious) sykes input this morning from our subscription we have with him:
Lots of volatile stocks Im looking to potentially shortmany more than these 17, but as we know the SEC terrorists have banned the restthese should all be clean, although short sellers will be more aggressive than ever since theres fewer carcasses to skin.
GBRC still finished up on Friday, but downtrended all afternoonvery bearish sign, up from $1/share so theres decent down here.
APWR bounced back quick, no pain no gainof course big pain means small gain for those who added all the way downIve got no play on this now MEG was a friggin perfect short Fridaymemorize that pattern/variables and pray to God you can find shares to short the next time this BS pumping occurs.
BBI is Blockbuster, yes, a real company, but its up 50% in 2 days, which is BS, considering how horrific their chart isbuyout, short covering, who knows, watch it for signs of reversal2.66 -0.39 -12.79% 2,074,428 Last Trade as of 11:58 AM ET 9/22/08 --- O`Brien:
Fannie, Freddie Subprime Spree May Add to Bailout (Update1) http://www.bloomberg.com/apps/newspidemail_en&referhome&siday0Kkt47a3s4 Very Good Piece.
`Too Big` Metric Safeguards Bank of America, JPMorgan (Update2) http://www.bloomberg.com/apps/newspidemail_en&referhome&sidaJfytqttCmPc ------=
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