All
Using the weakness as an opportunity to scale into some longs as I’d noted I wanted to earlier. Google, Adtran and Nuance common are what I’m buying. Easy does it, I am getting closer to having these positions the relative sizes I want them to be here after
All
The markets are opening slightly lower this morning and there’s little in the way of catalysts in the news today. That said, we might not need a fundamental catalyst in addition to the strong earnings season we just made it through to pop this market. Take a look at
All
Well, it’s indeed too bad I couldn’t get ahold of some LNKD to short when it was at $120 a share as I’d noted earlier I was trying to. The stock’s fallen 25% intrady from those levels and is now trading at $94. No looking back
All
After having flagged them as I was doing them for you dear subscribers, I’ve still got my GLD and SLV puts which have some big profits on them. I just added to the hedge of those a by adding some more DBA. Here’s what the DBA profile is:
All
A couple weeks ago on the day it came public, Stacey Delo asked me what I thought about buying RenRen. I told her, and I quote: “Run the other way from Renren.” I went further in my article on the matter too — “I wouldn’t touch the stock with a
All
With LinkedIn.com now over $120 a share (it was priced at $45 last night and opened at $80 today!), I just checked to see if I could locate a borrow on some shares to see about shorting some for a short-term trade. Alas, I can’t get my hands
All
So LinkedIn.com is coming public and holy cow is the mainstream media hyping the heck out of it. Every major news outlet is breathlessly explaining how the IPO was originally priced in the low $30s last week, then upped to the mid $40s earlier this week and how it
All
It’s a nice rally with lots of gainers and few decliners this morning as rollover off the downhill side of the trading week. The big story of the morning is the Linked.com social network IPO. The media is hyping it much more than it needs to be and
All
Nice up day for the markets and for our portfolio. Steady as she goes for now. Let’s hit today’s big movers and a note on each: Cypress — up 5% today. It’s been a steady climber for a long time now and has been in pause mode for
All
I first started flagging Adtran for subscribers back when it was almost exactly half of the price it is right now. The stock has come down from $47 a couple months ago and has been trading in the very high $30s to the low $40s since. The company is scrambling
All
It’s a flattish to higher open, but we’ve got our two most volatile tech names of late, Cypress and Riverbed, both up more than 3%. Recall yesterday that I wrote the following about Riverbed: Long-time subscribers know that I have been pounding the table on this one since
All
Here’s the story. Back in 1997, right after Steve Jobs took back over the CEO job at Apple, Michael Dell told a bunch of tech investors that if he were in charge of Apple he would, “‘d shut it down and give the money back to the shareholders.” Then