Stop Buying Sun Micro!!! Bail out now!
This stock hasn't done anything .. this JAVA stock is a bum!! Unless you think:
1) Merging with Microsoft
2) Acquiring MySQL
3) Developed MySQL version 5.1
3) Producing software products and services for MySQL development
4) Enhancing and expanding Open Source Software Solutions
5) Introducing 2 new Server Computer Models that are smaller in size and faster and superior than previous server hardware
6) Working with a Japanese School to develop new innovations in Programming Language development
7) Expanding their Solaris Operating System's Open Source Storage IT solutions development along with introducing a Community Based Development Network on their Website
8) Acquiring a new Semiconductor Company:
9) Hooked up with Foundry to allow Foundry to develop a unified communications platform
10) Introduced a Solaris On-Demand program for businesses to market/sell their applications
11) Launched an Eco Advantage Program
12) Partnering with Wind River to bring Carrier Grade Linux to the new T2 Server computer
Yea.. I'm going to DUMP my shares of Java just prior to their May 1st Earnings Report. [more]
Actually I don't talk about the past... so I won't be talking about the earnings report that couldn't.
Instead....Microsoft investors who didn't sell off their shares (*ahem* I sold mine :-( [more]
My REAL portfolio of late is now a little heavy in Agriculture and Fertilizer and God Forbid Ethynol Stock right now. But the bubble will burst on these stocks just like the Tech Bubble and Housing Bubble right? [more]
Lots of people chiming in with underperforms based on Alstry's underperforms don't impress me at all. I'll be the lone SPF contrarian if I have to. [more]
My knowledge is strictly in TECH. That doesn't mean I invest in TECH only. I keep a diversified portfolio. But..whatever.. Let's get to the good stuff about TECH stocks I own and TECH stocks I wish I owned. First the "I wish I owned" section [more]
(EGY) Vaalco just went above its 52 week high after an excrutiating amount of weeks of bobbing from $3 to $5.99 for over 52 weeks! I didn't see this after posting praise for REFR and claiming I would buy REFR stock. [more]
Jim Cramer believes in Wide Bracket Buying. You can take that method and extrapolate it to an entire sector like Tech. But, doing so means abandoning this whole "Buy Tech in August Only" methodology.
You do not wait until AUGUST to buy TECH. You have to have an iron stomache because the TECH Sector requires being patient, buying on the dips.. Buying as TECH stocks slip and slip from 1 month to the next.. Knowing that the end of the year Holiday Season will lift the prices of most/all of your Tech Stocks.
As an active stock trader you can't really strengthen your position well in TECH by waiting in August. What happens is TECH Stocks get pricier as they Climb up dramatically from August to January. You buy on the cheap...buy early in TECH because you want to buy when everyone else is Shorting. [more]
CRNT reports earnings on April 18th. (Beaten down badly to $8.52: Strong Buy (if you bought it today, otherwise you are chasing this up tomorrow))
NTGR reports earnings on April 24th. (Beaten down badly to $18.15: Hold or PASS until after earnings report)
AMAT reports earnings on April 24th. (Beaten down badly to $18.76: Strong Buy)
JAVA reports earnings on May 1st. (Beaten down badly to $14.88: Weak Buy)
MSFT (Buy after Yahoo Drama preferred over buying before Yahoo Drama. Earnings report is getting overshadowed by the Yahoo Drama right now.)
YHOO (Opposite of MSFT.)
AAPL (HUGE BUY at this point!)
GOOG (HUGE BUY at this point!) [more]
(FEED) I predict will sell off tomorrow. So.. Time to CASH IN on FEED and buy back in on the dip.
:-) Those of you waiting for FEED to come down to your price... It may do so this week.
Why do I think so?
1) It is technically overbought: RSI value over 70%
2) After Hours trading is selling this off
3) Already in striking distance of its 52 week high and this isn't ready to surpass it.
(CRNT) I like everything I read about this company. I have been strengthing my position in CRNT for quite some time and I will definitely buy up more shares if this falls to the $8.50 price point tomorrow.
I say.....Let this one tumble. Let it fall.... Let it slip.... The earning's report is coming at the end of this week and so now is the time to jump in while the price is slipping because I'd be stunned if CRNT misses their earnings after (RIMM) did so well.
Anytime you can get into this below $9 is a good time to buy:-) [more]
I'm underperforming NETGEAR for 3 months starting March 17th. So far my underperform rating is winning by over 6 points. I am doing this in spite of the fact that I own well over a 100 shares of Netgear and I plan on strengthening my position this year.
I am doing this because my underperform pick will continue to win up into the 3rd Quarter. In the 4th Quarter, I will switch and OUTPERFORM Netgear for 5+ years. I will take a hit every so often but in the end... my 5+ year OUTPERFORM rating will win because of FEMTOCELL! [more]
Because of the bad General Electric news so far this morning investors are desperately selling off their Stock (Tech sector, Financial Sector, etc.) and dumping all of their money into Agriculutural stocks. [more]
I got hit massively hard today... Lost as much money this month already that I earned last month. [more]
NO......But if it does just ask the Federal Government to funnel another 999 Bazillion Dollars to Bail the heck out of E*Trade so much that E*Trade might as well FERRY all of its Investors to ENGLAND on the QUEEN MARY to fetch a Bucket of EUROS (AFTER) depositing 1000 shares of Berkshire Hathaway in everyone's account. [more]
NTGR and JAVA show the exact same chart.... They are both FLAT as a FLOOR BOARD. [more]
Standard Pacific Corp's stock price is up to $6 and with Congress thinking about bailing out the housing sector.... These companies are going to be awash in cash.
There's no better time to get into the Housing Sector in your portfolio with Phulte or SPF or any number of Housing Stocks. By the end of this year everyone is going to talk about the return of the housing bubble in my opinion.
After earning $565 in the Month of March (reinvesting 50% back into stocks and putting the rest in a savings account)....
I am now up $159 in the 1st week of April.
And I have the "dreaded" TECH STOCKS to thank for much of my success as well as SPF (thank you DREADED Housing Market)!
P.S. If you like Tech Stocks check out NVIDIA (NVDA). I bought it at $18.50 and it's now falling towards that price again. NVIDIA is a must buy at $18.50 or below. Don't let the massive price drop be scare you away.... This is an opportunity! ] [more]
This past week Best Buy reported greater revenues than was expected by Wall Street.
Jim Cramer on Mad Money today said Best Buy wasn't moving on this news.
Actually from Monday to Friday's close Best Buy is up $1.43. And that's with reporting a loss. What will happen when Best Buy reports a revenue gain in the next quarter (which will now include the Stimulus Package?)