I don't know why Cramer says not to trade in the last hour. The guy's a madman. I make a majority of profits late in the day. I.E. Picking up some ODP at 19.20 at the last minute and ditched it moments ago at 20.61. Not a bad gain for 24 hours. Too bad it was marred by SLW, but that's the risk you take with a relatively bear stock on a bull day.
JSDA up again another 4% to 9.80. So that's almost a 10% gain just since I've been touting it here. (I started DCA'ing down at about 8.75.) Also, along with ODP I picked up some PNRA @ 40.75 (tragically only 50 shares b/c I was gonna DCA if it starting going towards the dark side.) PNRA's up a little from there. I'm not selling it today, I think it's got more left in it.
I almost pulled the trigger on AEO yesterday along with the ODP and PNRA play. What a three headed monster that woulda been. And NFLX is still up there on my gainer list for the day, staring down and mocking me for my stupidity. That thing was 70% shorted just a few days ago and now is shorted only 28%. You talk about shorts running for cover.
RFMD. There's the pick of the week. 900 shares 6.36. Still can't forget BCO and I don't care that some hedgy bleeding money holds $90 million worth of it. It shall prosper yet I say. http://www.dealbreaker.com/2007/09/post_501.php#more
Good luck to all,
John G.
Wednesday, September 26, 2007
Oh Lucky Day
at 3:03 PM
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