Monday, June 18, 2007
Closing Comments
Despite the market going down, and most of you (internet leech) losing money, I was up 0.5%.
My big gainers were AAPL, RIMM, LNN, FXI, AEO, JCG and HANS.
Generally, the market was soft, thanks in large part to retarded oil prices. However, I sense today's pullback was just a way station, until we break the necks of numerous, stubborn bears.
Regarding MVIS, I am hearing they may reveal who their Asian manufacturing partner is, short term. Additionally, the big news could come, literally any day.
Also, anticipate the company to call in the warrants, now that the stock is above $5.30 for 20 days.
In short, I feel the warrant conversion is a major plus for the company, and expect little to no negative effect on its shares. As a matter of fact, the stock should gain momentum, due to its newly secure balance sheet.
Finally, BBY is posting numbers tomorrow. If they suck, big deal. Eventually, the stock will rebound. However, if they blow out numbers, expect the shorts to get "daisy cut."
NOTE: MCHX should do better, now that YHOO's fucktarded CEO has been fired.
My big gainers were AAPL, RIMM, LNN, FXI, AEO, JCG and HANS.
Generally, the market was soft, thanks in large part to retarded oil prices. However, I sense today's pullback was just a way station, until we break the necks of numerous, stubborn bears.
Regarding MVIS, I am hearing they may reveal who their Asian manufacturing partner is, short term. Additionally, the big news could come, literally any day.
Also, anticipate the company to call in the warrants, now that the stock is above $5.30 for 20 days.
In short, I feel the warrant conversion is a major plus for the company, and expect little to no negative effect on its shares. As a matter of fact, the stock should gain momentum, due to its newly secure balance sheet.
Finally, BBY is posting numbers tomorrow. If they suck, big deal. Eventually, the stock will rebound. However, if they blow out numbers, expect the shorts to get "daisy cut."
NOTE: MCHX should do better, now that YHOO's fucktarded CEO has been fired.
Comments:
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With YHOO already up $2 on the Semel resignation, can you buy it up $2 and profitably flip it later tonight if Cramer pumps it?
Broker A -
By a "big announcement" are you expecting the news about a contract with a major cellphone manufacturer or just a partner for their standalone projector. I was hoping for the embedded picoP cellphone contract. I thinkt that's what wallstreet is waiting for and I really hope it doesn't get pushed back. TIA
By a "big announcement" are you expecting the news about a contract with a major cellphone manufacturer or just a partner for their standalone projector. I was hoping for the embedded picoP cellphone contract. I thinkt that's what wallstreet is waiting for and I really hope it doesn't get pushed back. TIA
http://phx.corporate-ir.net/phoenix.zhtml?c=114723&p=irol-newsArticle&ID=1016948&highlight=
osram laser in picoP
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osram laser in picoP
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