Fly on WallStreet: Closing Comments

Monday, November 20, 2006

Closing Comments

Wow, what a close on SNDK. Believe me, I am not shilling for the fuckers at SNDK-- it just looks and feels like it wants to ramp.

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.

# posted by Broker A @ 4:11 PM

Comments:

MVIS is pulling back on low-volume which may prove to be a good thing.

# posted by

Anonymous : 4:28 PM

Great site!

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.

# posted by

Anonymous : 4:43 PM

How 'bout that EQIX as well. New 52 week high, up almost 3% today, and nearing $75.

# posted by

Eli : 4:48 PM

I still own EQIX and it looks great.

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.

# posted by

Broker A : 4:56 PM

Anonymous- the things you dont like are why the share price is only $2 at the moment. Looking forward if the company shows growth and profit then it will be too late to get in at the present price because it may be double digits by then. The max risk is 2 while the reward could be far larger. Look at RIMM around this time in 2002 when it was 4 dollars for instance.

# posted by

Anonymous : 4:57 PM

Good points on MVIS guys (gals?), thanks for the followup.

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.

Thanks again.

# posted by

Anonymous : 5:06 PM

The company will be made on the projector phone, not barcode.

Check my archives, I put a video of Microvisions technology on this site.

# posted by

Broker A : 9:13 PM

If you want the scoop on MVIS from the company, check out this presentation. Will only play in Internet Explorer.

http://www.mvis.com/corporate_overview/index.html

# posted by

Anonymous : 10:55 AM

George Guilder loves MVIS. I haven't followed the story since they kicked the old management team out. I always hated the stock because they were a serial PIPE issuer. And they'd always wait until they were nearly out of cash to tap the market, which guaranteed them the worst possible fucking terms and max dilution.

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.

# posted by

Anonymous : 12:31 PM

if you like chips, take a look at the chart of ATHR. higher highs and higher lows for two months. it's a thing of beauty.

# posted by

Anonymous : 1:04 PM

I hate ATHR.

MVIS rocks.

# posted by

Broker A : 1:52 PM

Fly on WallStreet

Monday, November 20, 2006

Closing Comments

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