Wednesday, April 25, 2007
Position Updates: PNRA
I've been quiet about PNRA, but it's one of my favorite places to eat. With the stock breaking out on solid earnings, I feel it's worth throwing back on the radar.
Thus far, the company has about 1,100 stores and no foreign exposure.
Bottom line: The stock will be accumulated and rightfully so. Also, it's worth noting, JSDA has a sweet exclusive deal with PNRA. What's good for PNRA should bode well for JSDA.
I'll have more details later.
Thus far, the company has about 1,100 stores and no foreign exposure.
Bottom line: The stock will be accumulated and rightfully so. Also, it's worth noting, JSDA has a sweet exclusive deal with PNRA. What's good for PNRA should bode well for JSDA.
I'll have more details later.
Comments:
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If you want a chip stock, you might consider ANAD. They disappointed and the stock is down 11%. However, the sellers appear to have stopped kicking it out around 10:30 and buyers are in charge again. Got long 5000 shares at $11.30
Oh Woodrow, "breaking out" doesn't have to be a chartist term. Some people in the music business use it for a new artist who makes the big time. I use it and I'm no chart reader - it's another way of saying I'm bending the shorts over and giving them the good once over, etc.
incredible squeeze in AMZN, up 23% on 500% normal volume. would you folks short it over $55, buy into the squeeze, or just watch from safe distance?
Jerome I am considering a short on it myself now that it has traded equal volume to the short interest. I think the risk reward is there for it.
Another tech idea is KOMG. They will report a disaster tonight, and I'm planning to buy the dip tomorrow with both hands.
Both STX and WDC are up about 10% from their bottoms a week or so ago after STX reported horrible numbers.
I don't see how the disk drive guys won't be pulled up if the chip rally persists.
If I had ginormous balls, I'd short AMZN here. But mine are only softball sized so I'm watching in awe as the shorts get their gizzards ripped out.
Both STX and WDC are up about 10% from their bottoms a week or so ago after STX reported horrible numbers.
I don't see how the disk drive guys won't be pulled up if the chip rally persists.
If I had ginormous balls, I'd short AMZN here. But mine are only softball sized so I'm watching in awe as the shorts get their gizzards ripped out.
Man, AMZN shorts got fagged on that call. Serves those asshats right. Shorts are usually annoying pricks anyhow. Let 'em sizzle. Hopefully we can get a MOASS like that on NTRI this eve. Congrats to Fly on ARWR--excellent work, Sire.
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