Wednesday, February 20, 2008

Daily Picks

I apologize for my inability to get new picks in daily. I will get better and lets keep the buying and selling going.

As usual, lets start with the mistakes. Selling APAC! We road it up and then let it slip 20% and jumped ship only to see it go up 17% today. Crox dropped today but people are not sold it is a loser and our options lost money. GRMN got destroyed by earnings and lost 7%. Not very impressive.

Sell:

KALU - 700 shares at 74.82 for 52,374 dollars.

- I think this stock is one to own for the rest of the year but we need new picks daily to please the masses.

EPIX - 15,000 shares at 3.04 for 45,600 dollars.

- Stock blew past earnings but for some reason stayed down. I do not understand why.

GRMN - 800 shares at 64.43 for 51,544 dollars.

- No reason to own, long term it is going to 90.

CREE - 1,500 shares at 32.87 for 49,305 dollars.

- Was a one day stock and it came through.

Options:

CROX(22.50) - 45 dollars per contract x 1000 contracts for 45,000 dollars.
CROX(15) - 5 dollars per contract X 10,000 contracts for 50,000 dollars.

- This stock is volatile but in the end will continue to drop.

NTRI(15) - 65 dollars per contract X 2400 contracts = 156,000 dollars.
NTRI912.50) - 15 dollars per contract X 6,000 = 90,000 dollars.

Bank: 9,032.27 dollars.

Funds to play with: 548,855.27 dollars.

BUYING TIME:

HTZ - 14.38 for 3500 shares costing us 50,330 dollars.

- Should have a nice day tomorrow with earnings being beat and with its competitors crushing earnings.

GSK - 44.31 buy 1,200 shares for 53,172 dollars.

- See previous post, I think it could have a short term boost tomorrow but this is a good stock to own until April 3rd.

NVDA - 21.78 buy 2,300 shares for 50,094 dollars.

- Stock hit 3X2 today, 43/60 times it has come back next day. Average return is 2.03%

STEI - 6.38 buy 8,000 shares for 51,040 dollars.

- Same as NVDA

PGLA -1.40 buy 100,000 shares for 140,000 dollars.

- Bio Tech company on Nasdaq that is due for a snapback

Options:

SSRX - China pharma play that just missed bad earnings. I think it is the beginning of the end.

March 08 Put Option 10 dollar strike price at 45 cents per share, 45 dollars per contract. Buy 4,500 contracts or 202,500 dollars worth.

Do not forget we still own an option worth 600 bucks on BWLD.

Leaves us with 1719.27 dollars but subtract 54 for trades and we are at 1665.27 dollars in the bank.

Yours truly,

The Bull

3 comments:

Anonymous said...

Thanks bull

Anonymous said...

LOVE U

Anonymous said...

thanks for the picks bull