Just when you thought the Cajun lost his touch, he comes right back to double up his STP position, at the lows, and comes out ahead for the day.
Note: My other buys from yesterday look great [[PBR]] & [[SIGM]]
Note II: DT is gay!
Comments »Just when you thought the Cajun lost his touch, he comes right back to double up his STP position, at the lows, and comes out ahead for the day.
Note: My other buys from yesterday look great [[PBR]] & [[SIGM]]
Note II: DT is gay!
Comments »[[PBR]] may finally come through for me.
Comments »MadStocks.com contest update
Chat room: WallStreak
[[goog]], [[XLF]], & [[AAPL]] When all green, feel free to buy the market. Comments »Wow, I did not expect such a quick response to the contest. I’m curious to know if some of the names are made up, as people try to enter two stock picks. I will leave registration open for 2 more days with Financial bloggers getting first dibs to the tournament. After that, it’s on a first come first serve basis.
Update: Contest will start next Monday!
Comments »When you play with fire/solar you get burned.
In the past, I played these solar burrito stocks like a “space alien magician,” banking crazy amounts of coin. Well today Suntech power struck back with ultraviolent rays.
What was I thinking?
I wanted to build a position in the space, and I planned to do it with [[STP]] (based on fundamentals). So i decided to put half my position on before earnings, and add the rest after the report. I thought if they missed the stock would fall 2-5 points, I was wrong! Most of these stocks move in integer increments anyway, but I thought Suntech was solid, and if anything, buying on weak report would benefit me. What I did not expect, was the the extreme soft guidance.
I did buy more around $35, but with the numbers going forward, I’m hesitant to build a position.
By far the best name in the space is [[FSLR]], if you decided you need a tan.
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