Allman Brothers - Ramblin' Man

Ramblin' Man

I just feel like ramblin so bear with me or bounce. Currently I'm blogging from a local bar playing online poker and rooting for the hometeam Rockies to keep themselves in the WC race. How's that for the life? Anyhow, I can't help but think about the only real dog that I've picked coming up short in yesterday's free for all. RAD will come around and therefore, I've doubled down already @ 6.60 and it's up 5 cents from there. I wouldn't bet the farm on it but hey I'm just tossing around some of that JSDA money. That's the way to roll. Oh and another thing, not to start battles or a war but screw the Mets, the Fly won't know what hit'em when they're outta the playoffs and the Rox take charge. And one last thing, I absolutely without a doubt hate the shit outta pocket J's. Fold that garbage to a reraise no matter what. I don't care if the world is catching fire and this'll be the last thing you ever do on earth. Dump'em like the fatty you hooked up with over the weekend.

Regards,
John Galt Jr.

Aqua - Dr Jones

Encore presentation for JSDA going ^~7%

RAD

This thing has bit the dust and I still maintain that it's ripe to get purchased or get things turned around. It has hit 4.80 twice recently since it turned sour from 6+ so I figure it's got some support here. If not the lowest IMO that it'll go is 4.40. So in that regard I went ahead and grabbed 1000 @4.79. Got a nice rise out of JSDA so far today. Too bad I didn't take fly and razorback's advice and go in on BWLD. For some reason I figured PNRA would have the outbreak week. We shall see it literally just now started moving in the + direction. So far haven't gotten much outta RFMD or BCO. Looks like I'll actually have to hold these for more than 24 hours. What a shame. SBUX management is highly overrated. Thankfully I got most cash outta there but of course I am holding the bag for 100 shares. It was a dice roll--that happens.

John Galt Jr.

Oh Lucky Day

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.

Tuesday's Lameness.

Nothing terribly exciting. Nothing like waking up to Bush's derilectable face on the TV. NFLX and EXPE both up over 5%. Shoulda listened to my brother on that one. I've been in and out fo NFLX on a regular basis and caught a solid profit so I don't know how I let the thing reach 20 w/o me. Oh yea I thought the market'd tank. Where the hell was that? Oh well we had a cooling off after a viscous beginning yesterday so maybe the market's creating a bottom or more likely IMO, it's the calm before the storm. Staying safe might creep into some ODP here as it's approaching it's 52-wk lows and bring in some more BCO (75 shares already held.) Here's one for the riskiest of you all: SHRP. I've stayed away from this thing since it's harder to rope than capturing a pic of the Dinosaur Trader humping. If I were even more of a risk taker I'd say that if it falls to 3.75 or so and maybe just maybe shows some support then it's well worth picking up. After all aren't all the CNBC tools spewing that the rich'll still be out there buying? Glad I burned and turned TGT that thing was apparently a timebomb hiding in the lurch. Ah yes one last one. PNRA under 40=money in the bank. It's at 40.80 right now and I'm gonna start DCA'ing ($/Cost Avg.) here at 40.50. Buenos nachos ustedes.

John Galt Jr.