Not So good in NY

Well, so far my trades are pretty junk. I rolled the dice on the earnings game betting against KOMG and lost.

Anyway, did you see what happened to RHAT?! I saw this coming a few weeks ago after they warned. Too bad I missed that one.

Another interesting stock is UTK. Mark Cuban hammered UTK at his website and now the stock is getting hammered on low volume. Basically he says the company is full of fraud. Don’t try to catch that falling knife. After the company makes a rebuttal, the stock should pop up, maybe once or twice, then you can short it till it dies.

Other earning stories worth looking at are BEBE, NETL, FFIV, and AFFX. I’m considering making a long term investment in AFFX since it is deeply oversold.

I went to a Knick game at Madison Square Garden… way cool. Nate Robinson has mad hops.

I placed a put order in KOMG after watching FFIV take a swift u-turn in mid-morning trading. Other stocks that report that could fall hard are… TRID, SFNT, KOMG, FFIV. That’s my list. These companies need to have blow out numbers to move, otherwise we’ll see more of LIFC. I was going to buy puts in all of them but decided to go with just one… well, if it gets filled.

I will know soon if STX action was a sign that KOMG would do good, or if it just brought KOMG up in sympathy.

Companies I look to buy calls are SKX, BEBE, and NETL.

Dow is heading DOWn, Nasdaq is treading in the green. Not sure why, probably because of a bunch of earnings reports.

Other random stuff…
TzOo gets a quick correction day after earnings
LIFC got hammered despite good earnings… huh?
TASR reported, trying to get above $10
ATHR is looking strong… handling this down day quite well.
DIVX is holding strong
ERS is on fire.
Sold my SNDK, rebound not impressive
Thought MNST would fall harder
NETL reports after hours… so far, looking good

Looking weak all day. Both should take a nice correction if overall market does. So far, Dow is down 10 points.

HANS is a $20 stock.

Note to self…

Stock is trying to fill gap to 12.77 (1-mo), then 14.25 (2-mo). Stock could take flight after that. Floor is now $11 flat. If gap fails, stock could fall. Trade until metals cool off.