Tuesday, September 05, 2006
Sector Spotlight: Semiconductors
Before I decided to buy PALM, there was one stock that I felt was ridiculously cheap and strongly pondered buying it in size. Her name was: RMBS.
Alert: Rant forthcoming
C*cksucker, Motherf*cker!
Damn you RMBS and all the profits you throw off to lucky shareholders. Granted, if you owned it at $40, you, being the unlucky shareholder that you are, probably would like to see the CEO on a pike or the CFO in silver bracelets on his way to share a cell with Schillinger in Oz. But, for the lucky or smart few who were determined to buy it between $10-11, just three weeks ago, RMBS is God.
That's Wall Street. Fortunes are made and lost without need of explanation or rationale.
Fuck.
In case you were wondering what I thought about today's trading action, I haven't quite figured it out yet. So far, so good.
As for the semi's: Some of them really rock and some really don't rock.
For example, the CMOS I sold on Friday is up another 10% today, while stocks like SMDI, GNSS and MRVL stay in the doghouse.
Its a stock pickers market people. Do your homework.
The following semi's are showing some mojo:
CMOS +11%
NVEC +9.3%
ESST +8.8%
RMBS +8.5%
ASTSF +8.3%
MFLX +5.5%
SIGM +4%
IDWK +4%
AMKR +3.4%
AMD +3%
NOTE: I could be wrong, but I feel the energy sector may be ripe to fall.
Alert: Rant forthcoming
C*cksucker, Motherf*cker!
Damn you RMBS and all the profits you throw off to lucky shareholders. Granted, if you owned it at $40, you, being the unlucky shareholder that you are, probably would like to see the CEO on a pike or the CFO in silver bracelets on his way to share a cell with Schillinger in Oz. But, for the lucky or smart few who were determined to buy it between $10-11, just three weeks ago, RMBS is God.
That's Wall Street. Fortunes are made and lost without need of explanation or rationale.
Fuck.
In case you were wondering what I thought about today's trading action, I haven't quite figured it out yet. So far, so good.
As for the semi's: Some of them really rock and some really don't rock.
For example, the CMOS I sold on Friday is up another 10% today, while stocks like SMDI, GNSS and MRVL stay in the doghouse.
Its a stock pickers market people. Do your homework.
The following semi's are showing some mojo:
CMOS +11%
NVEC +9.3%
ESST +8.8%
RMBS +8.5%
ASTSF +8.3%
MFLX +5.5%
SIGM +4%
IDWK +4%
AMKR +3.4%
AMD +3%
NOTE: I could be wrong, but I feel the energy sector may be ripe to fall.
