Monday, November 20, 2006
Also, I would like to thank the pain I felt-- when short BRCM and SiRF. Without it, I doubt I would have covered them and I probably would be fixing to jump down an elevator-less elevator shaft-- right about now.
I sense the market is setting up to fucking roast the sellers, for Thanksgiving. Please, if you are short, grab a hedge or two.
During today's action, I was most impressed with the Semi's. Aside from my fav, SNDK, I liked the bullishness in MRVL, NVLS, BRCM, TER and WFR.
Bottom line: This is a bull market, bitch.
NOTE: Despite MVIS sucking rocks, I am confident that it will turn up-- sometime soon.
Curious as to your fascination with MVIS?
I've been watching it for awhile since I started reading your blog; my feelings are as follows:
Things I like:
* 2 dollar share price
Things I don't like:
* Losing money
* Lack of growth
* Questionable product line
I concede to the fact that I may be missing something, but this appears to be a risky bet on a shitty(?) company.
Next stop 80.
As for MVIS:
It is just one of those pie in the sky stories that I believe in, for now.
I believe the new management will execute on its promises and the projector phone will be ready by Jan.
If so, the stock will be 5.
2 other things I like are that they are involved in barcode scanning which will only continue to grow, and the potential of being a takeover target.
Check my archives, I put a video of Microvisions technology on this site.
I dont' get the run in MRVL yesterday. I listened to the call and came away feeling there's tremendous execution risk ahead in integrating the INTC assets. And if the founders have to resign due to stock option backdating, look out below.
Somehow, I stumbled on your site last week. I like it.
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