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Motorola (MOT)
Carl Icahn, the billionaire Wall Street investor, has raised his stake in Motorola (NYSE:MOT) , the struggling US mobile phone maker, to 6.3 per cent from a previously reported 5 per cent.
Link to MOT full story
yeah and I remember the last one you got me into, XOHO, if I had only held longer. Guess I couldn't stand watching something with less excitement than watching paint dry.
But it ran
CHIP News and Chart
Super low volume and super number of shares issued and outstanding. Looks like just a bit over 10 million shares available. Won't take much pressure to drive it up and this news should give it some pressure.
4:09PM Verichip beats by $0.05, beats on revs; guides FY08 revs above consensus (CHIP) 2.41 -0.09 : Reports Q4 (Dec) loss of $0.29 per share, $0.05 better than the First Call consensus of ($0.34); revenues rose 22.9% year/year to $8.6 mln vs the $8.2 mln consensus. Co issues upside guidance for FY08, sees FY08 revs of $36-38 mln vs. $35.4 mln consensus. Co says, "Our record annual revenues were driven by our healthcare security business and strong sales of our industrial product... Following the significant infrastructure build-out of our VeriMed system in 2007, we are now ready to begin marketing VeriMed more directly to patients in certain key geographies. Starting with South Florida, we will launch our direct-to-consumer campaign in early April as we increase our focus on patient adoption. We plan to replicate the success of the South Florida launch in one or two other markets by the end of 2008."
MELI News and Chart
Over a 50% loss since first of year and they put out financials like this. Look for a big spike. Only thing I don't like, they are a newer company and don't have much chart history to fall back on. Regardless it should do well IMO
Closed the day at 37.12, after hours high was 40.33
4:14PM MercadoLibre reports 188.5% increase in 4Q07 net income from a year ago to $9.7 mln; revs increased 73.9% from year ago to $26.9 mln (MELI) 37.12 +1.25 :
UDRL News and Chart
This house of cards is going to come apart, been uptrending and trading at highs, financials look terrible at best, after hours low 17.01
4:15PM Union Drilling misses by $0.20, misses on revs (UDRL) 21.01 +0.21 : Reports Q4 (Dec) earnings of $0.18 per share, $0.20 worse than the First Call consensus of $0.38; revenues fell 6.5% year/year to $67.4 mln vs the $73.6 mln consensus.
CMTL News and Chart
has been downtrending, is over sold and hit after hours high of 46.00
4:15PM Comtech Telecom beats by $0.12, beats on revs (CMTL) 42.73 +0.29 : Reports Q2 (Jan) earnings of $0.91 per share, $0.12 better than the First Call consensus of $0.79; revenues rose 36.4% year/year to $152 mln vs the $149 mln consensus.
I agree, nothing more than balancing the books on the backs of investors IMO.
NTLS had another good day as well. Up 7.1% since chart was posted on 2/29. I look for more out of it over the coming days and weeks as well.
Link back for chart
BE had an exceptional move today, overall up 18.5% since the chart was reposted a couple days ago.
Link back for chart
HURN still making gains, up 2.00 since first post. Chart still looking good, a couple indicators have flattened a bit more than what I would like to see but I still believe it will continue well over the coming days and weeks.
Link back for chart
DY Annotated chart
Insiders buying it up, CEO spent over 1 million in shares over the last two days, 60,000 shares yesterday morning and another 60,000 this morning. Other officers purchasing as well. Very good sign IMO
DY Insiders Purchases link
Closed .05 off high of day with the last two prints of the day being larger orders
Chart looking good here IMO
DY annotated. I really like this one. I did this chart a bit different as well. I sped up the PPO and ADX to hopefully get a better idea of direction, see the fast pinch at the bottom
Insiders snagging up shares and I love a good pincher play.
IMO April 15.00 calls should do well, premium was .20 today. Keep in mind they expire on Tuesday April 15 not the third Friday that will be April 18th but I don't think the three days will matter. Also not a big volume mover at this time but I look for increased interest if and when it proves it has bottomed out.
Large number of institutional holders as well on this one
I agree, take them when you can especially if you can take some profit and ride some for free. I've never been a huge fan of riding free shares, but with the potentials we are playing with I'm rethinking the process.
BZH did the same thing, opened at 7.09 and hit a HOD of 7.58. It did end up closing at 7.10 only up .01 but it shouldn't have even done that with the shape the housing and finance markets are in.
I'm like you on SVU, I see no reason for what it did, and it makes absolutely no sense to me why it fell, especially with the markets running fairly decent. It seems to do better on red days, maybe we need another down day to push it up.
Hopefully it will turn around for us.
Sounds like a good strategy to me and I have put some thought into that as well. 5 contracts can turn some nice gains if the stock if moving well.
I very much like the idea of buying a larger number of contracts then selling off part of them when you have enough profit to cover your entry amount and give you some profit then riding the rest if things look promising for more gains.
We have in the past gotten in early, taken small profits only to see some huge gains afterwards. This looks to me like a way to still do what we have been doing and get out with some profit but leave some for bigger profits if the gains continue.
Nice, very nice indeed. What do you plan to do when it breaks 50.00 and you end up a couple dollars in the money on them??
If you are unsure if you want any DY or not check out this link. Insiders are buying them up, CEO bought yesterday and again today. Good sign for DY IMO.
DY Insider purchases link
DY Insider purchases again today, note the CEO has bought huge chunks over the last two days as well as several other insiders snagging shares up at these prices.
I knew there was a reason I bought into this
DY Insider purchases link
DY closed .05 off HOD at 12.35, was 12.36 until they settled out a couple big orders.
Chart looking very good here, I'll annotate a new one later when I have more time to do so.
Link back for yesterday's chart
DY looking even better today IMO, nice tight pinch and it seems to move easily under any pressure. Had nice bid support most of the day. I'm looking for some nice gains from this one
Link back for chart
DY looking good here IMO, 5 minute intraday looks like it may test HOD again before end of day
Link back for chart
I've been out and just got in, what in Hades happened to it this morning?? I do agree though that it looks set to make a run up from here
8:12AM HOKU Scientific and Solar-Fabrik subsidiary amend polysilicon supply agreement (HOKU) 9.36 : cO announces an amendment to its polysilicon supply agreement with Global Expertise Wafer Division, a wholly owned subsidiary of Solar-Fabrik AG to extend the date for Hoku to complete the financing for its planned polysilicon plant. Under the terms of the amendment, Hoku or Global Expertise Wafer Division may terminate the supply agreement if Hoku has not secured financing for its polysilicon plant by May 31, 2008, which is a two-month extension from the previous deadline of March 31, 2008.
BIG news and Chart
6:00AM Big Lots beats by $0.09, reports revs in-line; guides Q1 EPS above consensus; guides FY09 EPS above consensus (BIG) 17.38 : Reports Q4 (Jan) earnings of $0.93 per share, excluding non-recurring items, $0.09 better than the First Call consensus of $0.84; revenues fell 99.1% year/year to $1.41 bln vs the $1.41 bln consensus. Co issues upside guidance for Q1, sees EPS of $0.30-0.35, excluding non-recurring items, vs. $0.26 consensus. Co issues upside guidance for FY09, sees EPS of $1.70-1.80, excluding non-recurring items, vs. $1.53 consensus.
AAPL Story out last night, this was too good of a read to just post the link.
How Apple Will Sell 10 Million iPhones
BURLINGAME, CALIF. - Investors are agonizing over Apple's stock price. Analysts are worried about iPod sales. Apple co-founder Steve Wozniak has even fretted about the MacBook Air's lack of an optical drive.
But don't worry. Despite some recent doubts, Apple should meet its goal of selling 10 million phones in 2008.
The company swatted down calls Tuesday for it to spend some of its $18.4 billion hoard of cash and short-term investments on a dividend or stock buyback program, despite a 37% slide in Apple (nasdaq: AAPL - news - people ) shares this year to $124.62 at the close of trading Tuesday. Despite a slowing U.S. economy, Apple Chief Executive Steve Jobs is sticking to his audacious goal of grabbing 1% of the worldwide mobile phone market by the end of 2008.
It won't be easy. On Jan. 15, Apple said it had sold 4 million iPhones since it went on sale June 29. That amounts to about 19,900 a day. To hit Jobs' goal, Apple will have to pick up the pace, selling 27,322 handsets a day, seven days a week, for all of 2008. No matter that the crest of iPhone hype in the United States seems to have passed. Guess we should look forward to a lot more ads.
However, while iPhone fever may be fading here, demand around the world is growing. Unlocked iPhones are popping up in markets as far away as China and Indonesia. And while Apple reaps fees that analysts estimate at $12 per subscriber per month from its carrier partners, analysts estimate Apple still makes 35% gross margins on the handset alone. Apple looks at the problem "with a little bit of a smile," Apple Chief Operating Officer Tim Cook said at an investor conference last month.
So who's going to be buying all those iPhones? Cook, playing coy, will only say that Apple will sell iPhones in India and China "one day." Analysts are already penciling in an October launch in key Asian markets.
What may come even sooner, however, is an iPhone able to take advantage of next-generation--or so-called 3G--mobile data networks. While hooked into Wi-Fi hot spots, the iPhone introduced last year can blaze through Web pages and e-mail. When relying on the AT&T (nyse: T - news - people ) EDGE data network, however, its performance is pokey. Even Wozniak has expressed dissatisfaction. "I was really disappointed when the iPhone was introduced," Wozniak reportedly said earlier this week during a speaking tour of Australia.
Expect a 3G iPhone to fix that. AT&T has been building out its 3G network in preparation. (See: " AT&T's Stealthy Plans")
RBC Capital Markets analyst Mike Abramsky figures a 3G iPhone to be launched in July will account for 25% to 30% of this year's iPhone shipments. "3G unleashes the iPhone's high-res screen, multi-touch interface, full-featured browser and media experiences," Abramsky wrote in a note to investors Monday.
Many readers of Forbes.com said that they would pay up for a 3G iPhone--even if they already own the current model. (See Reader Feedback in " Sorry First Adopters--A Better iPhone Is On The Way")
And better: when the 3G version is available, analysts are betting the price of EDGE iPhones will fall, spurring more demand.
The last element that will help Apple hit its 2008 sales target of 10 million iPhones is slated to be unveiled Thursday: a software kit that will help third-party developers construct applications for the device. More intriguingly, Apple hinted it will offer new details on how it plans to synch up its iPhone with big businesses. In a note to investors, Deutsche Bank analyst Chris Whitmore bet Apple will announce support for both Microsoft Exchange and Lotus Notes corporate communications systems for the iPhone.
That would be a new front in Apple's war to seize control of the smart-phone market. It will take Apple's fight with Research in Motion (nasdaq: RIMM - news - people ), which has successfully moved from pushing corporate messaging gadgets to selling their products to text-happy teens, to the BlackBerry's home turf.
Oil Near $100 After Sharp Overnight Fall
Wednesday March 5, 3:16 am ET
Oil Near $100 After Steep Overnight Fall on Possibility of OPEC Output Hike
Oil Story Link
GHS Chart 5.83
Bottom may or may not be in on this one, Love today's candle though, makes me want to say it has a high probability of a bounce from here.
DY Chart
Beautiful chart set up, nice tight pinch. Looking for confirmation that bottom is in
LTM Chart
DY 11.71, tight pinch
DY Chart 11.71
Nice pincher, may not be ready yet, took a beating on class action lawsuit settlement and I look for it to make some recovery in the near future
have a good night, catch ya tomorrow
IRIS Chart 11.65
Anybody like a good pincher?? If you like the chart, by all means look at the options on it!
Housing news out today, gotta love this as most of them made some gains today.
I took some march 5.00 puts on BZH yesterday, small risk with some big potential IMO
Analyst Note: Housing Bulls 'Too Early'
Tuesday March 4, 11:27 am ET
Deutsche Bank Analyst Says Housing Optimists 'Too Early' As Prices Need to Fall Further
NEW YORK (AP) -- Investors expecting a housing recovery to start in the second half of the year are overly optimistic, Deutsche Bank said Tuesday.
The bank said expectations of a recovery are based on trends in volume statistics such as new home sales and construction. Such analyses, which are based on past housing cycles, may be "flawed," the bank said.
"Home price declines, not volumes will be the primary determinant of ultimate housing recovery," analyst Nishu Sood said in a note to investors Tuesday.
Housing stocks have rallied in 2008 after nearly two years of sharp declines as some investors anticipate the housing market hitting bottom later this year. Stocks typically react six to nine months ahead of the market.
The hope is based in large part on recent data showing new home sales and housing starts nearing historical lows. Prices, too, have fallen sharply in recent months.
But Sood said the run-up in home prices during the five-year bubble was unprecedented, and that the subsequent decline will likely also be unique in the sector's history.
Prices rose four times faster than during any other increase and in twice as many local markets, he said. Median home prices have slid about 10 percent since their peak in 2005.
Most analysts have taken the price declines as positive news, saying that will increase affordability and spur demand. But Sood said the declines can also retard any recovery. He said the declining prices will lead to an increase in negative equity, which means homeowners owe more on their mortgage than the house is worth.
"Not only does negative equity increase the probability of default, but also it hinders homeowners from moving, dampening demand until home prices have substantially recovered," he said. "We think some investors may be getting optimistic too early, as a sharp recovery in volumes is unlikely in the second half of 2008."
Story Link
I'll still be doing plenty scanning, gonna have to find someplace to put all of the profits!!
Some people have hobbies, golf, fishing, hiking, arts and crafts, etc. , Stocks and Money are my hobbies. I can't think of anything any more relaxing.....lol
If you think the April 170 calls are high (7.30) for POT, look at the April 155 calls (13.60) then factor in if it were to run to 175.00 or 180.00. In February alone it had over a 35.00 swing. A repeat of that for March would put it about 190.00.
The thing to keep in mind right now is that farm season is going to be upon us very soon and most places are in full swing right now getting ready for it.
IMO by the end of 2008 we will be wishing we had a big handful of 200.00 shares.
Entry into a Material Definitive Agreement, Unregistered Sale of Equity Secur
HOKU 8-K link
TASR Insider Action
Taser Int'l Director Exercises Options
Tuesday March 4, 4:31 pm ET
Taser International Director Bruce R. Culver Exercises Options for 25,000 Shares
NEW YORK (AP) -- A director of Taser International Inc. exercised options for 25,000 shares of common stock, according to a Securities and Exchange Commission filing Monday.
In a Form 4 filed with the SEC, Bruce R. Culver reported he exercised options for 38 cents each and then sold them the same day for $11.72 each.
Insiders file Form 4s with the SEC to report transactions in their companies' shares. Open market purchases and sales must be reported within two business days of the transaction.
Taser International is based in Scottsdale, Arizona.
Form 10-K for TASER INTERNATIONAL INC
TASR 10-K link