Update and Transactions

Let me begin by apologizing for my inability to get new picks in this past week so far. I promise you that I did have a post written in which we sold everything and had purchased two stocks but since I could not find more, I put it off and never got around to it until tonight. Sadly in that time APAC has dropped 20%! Our option on BWLD at 30 cents dropped over 80% today! Amat dropped about 50% but Nile continued to soar.

Selling:

APAC: 7070 shares at current price of 85 cents = 6009.5 dollars, DOWN 14.2%

BWLD(40 dollar option) - 5 cents per share, 2000 contracts = 10,000 dollars. Even

AMAT - 20 cents per share, 340 shares = 6,800 dollars. EVEN

NILE (55 dollar option) - 13.5 per share, 20 contacts = 27,000 dollars. Up 229.27%

NILE (40 dollar option) - 2.95 per share, 1300 contracts = 383,500 dollars. Up 2,850%

HOLDING:

BWLD: 30 dollar strike price March 08 call option currently valued at 5 cents per share. We have 120 shares which means 600 dollars. Down 90%

Cost of sales: 34 dollars

Money in bank total with sells: 433,731.27 dollars.

Total net worth: 434,331.27 dollars. Up 8,586.63%



BUYING:

Stocks:

KALU - 71.91 price, buy 700 shares at cost of 50,337 dollars.

Note: Stock did release great earnings today and already jumped 5% but I believe this stock has legs for the long run and don't see it slowing any time soon. Kaiser also has a great balance sheet with its Return on Assets at 14% and it’s Return on Equity over 20%. Kaiser has a low debt to revenue growth ratio with $60 million in debt to 11% revenue growth. With a tight float and strong out performance by its lesser peers, Kaiser is ready to run.

That is the safe pick, the rest are pure risk, but why not:

EPIX: 3.01 price, buy 15,000 shares for 45,150 dollars.

Note: It opened up large today but dropped all the way back down to 3 dollars. This stock has been hammered and is expecting huge losses. The reason we are in is because this stock is being squeezed by the shorts and any sign of good news will make this stock soar.

GRMN: 69.50 price, buy 800 shares for 55,600 dollars

Note: owned this stock in my real money portfolio. It is working its way back and
hopefully the earnings are good and the stock can continue on its recent momentum.


CREE: 32.39 price, buy 1,500 shares for 48,585 dollars.

Note: 3X2 triggered, and 41/55 times this happened the stock went up. On average day after it goes up 3.3%


Options:

CROX: This company is going broke in time. They hit there prime and are missing every quarter since. Its about time we start enjoying the ride down.

March 08 option put at 22.50 priced at 55 cents per share or 55 dollars per contract. 1000 dollars contract means 55,000 dollars worth.

March 08 option put at 15 dollar strike price, priced at 5 cents per share or 5 dollar per contract. Buy 10,000 contacts worth or 50,000 dollar worth.

NTRI: "Stock loses 25% every two weeks"




I am sold this stock is a loser for a while. Lets get some options on it.

1. March 08 option put at 15.00 dollar strike price. 25 cents per share means 25 dollars per contract. Lets spend 60,000 and get 2400 contracts.

2. March 08 option put at 12.50 dollar strike price. 10 cents per share means 10 dollars per contract. Lets spend another 60,000 and receive 6,000 contracts.

This leaves us with 9,059.27 dollars.

Cost of transactions is 27 dollars which leaves us with 9,032.27 dollars.

At this time I would usually mention a penny stock but lets not.

Good luck to all,

The Bull