notice the "bottoms" then the repeated "bounce" for 5 to 10% gains...
we see an easy 5% gain, this is our day tradin' favorite, it finds a bottom and bounces for weeks...if you can buy at $1.01 you win...we are starting a new position at tomorrows open...we think $1.05 is nice...and .99cents is a gift...
ISE ......wow! Deutsche Boerse plans to offer $2.8 billion to buy International Securities Exchange (ISE) to expand in fast-growing options trading, the German exchange operator said on Monday. The cash deal would value New York-based ISE at $67.50 a share, a near-50 percent premium to ISE's closing price of $45.72 on Friday.
this news will be good for all exchanges....& NYX, NMX, ICE!!!
Sysco (SYY) 34.69 +1.19 (+3.55%) we hit our 5% profit point... original post: FROM March 15th....***please note they all paid!! 5% gains on all three....it just took a month for SYY... Let's speculate on some odd balls! IAMGOLD (IAG) $7.60 ...geez, wonder what they do? NOBLE INTL LTD (NOBL) ...$16.84 ...oops not the oil play, the auto welders! SYSCO (SYY) ... $32.55 King o' FOOD! ...opposite of tech...right?
THIS picture has nothing to do with PETROHAWK>>>>>>or does it?
Lets take out the 52-week high today!
(HK) knows how to talk to the street
Petrohawk Energy says first quarter 2007 production expected to exceed guidance
Co announces that it expects to exceed its first quarter 2007 production targets and is increasing its 2007 capital budget and full year production forecast. "...Low risk, low cost drilling in the Mid-Continent region complemented by high-impact drilling in the Gulf Coast region, including offsets to recent discoveries fueled these improvements." The co also announced that it has increased its 2007 capital budget from $575 mln to $600 mln in order to expand drilling in the Mid-Continent region with additional Fayetteville locations as well as to fund offsets to recent Gulf Coast discoveries
San Diego based...hmmm... just reported earnings so hopefully not too much more down side this quarter...money is heading toward health/bio...and this company has 55mil cash on hand...they merged with Axonyx Inc last year...
...at $6.70 the down side toward the 52-week low is under 10%... (TPTX) 52 - Week Range 6.15 - 11.60 10/23/06 - 4/21/06
our desired entry point is under $6.60 (use limit orders)...and with such low volume, set sell targets at 5% or 10% gains (depending on size of your BUY) ...remember this is a "speculative odd ball Friday pick"....don't bet the farm, ....happy Friday!
***OUR NEXT PICK***********************
AastromBiosciences (ASTM)$1.41/share ... good news for one type of stem cell research is good news for all...says CEO....
THURSDAY 1.43-0.03 (-2.05%) Extended Hours: Last 1.41 Change -0.02 (-1.40%)
*******AND THE BIG DIPPER **************************
PACIFIC CAPITAL BANK (PCBC) 26.24-0.72 (-2.67%) ....we hate to add a California Bank, with mortgage exposure to the DIPfolio...but this one is getting creamed...&...EARNINGS REPORT is next TUESDAY AM...and we have a feeling they are going to say the "our sub-prime exposure is not that high...blah, blah"...and the stock should rebound...we also know that this lender doesn't buy that much shitty paper, or sub-prime deals.....so we think our thesis will hold true...wish us luck!
PCBC 26.24-0.72 (-2.67%) ....sub-prime, oh nooooo.... BUY ON THE DIP!
. and yes, OIL and our baby (HK) 13.92 -0.13 (-0.93%) is falling another 1% so far today, and was down 2% for a second this morning...., we knew we should have been a bit more patient, we even said to be patient, but alas we got too excited......wait longer to re-buy...but before ANALYST DAY on April 26th and EARNINGS Report around May 10th... those are our next catalysts!
PETROHAWK ENERGY CORP COM JUN 16, 2007 $ 15.000 CALL
(HKFC : OPRA) 0.50 -0.20 (-28.57%)
Don't be surpised! Good boobs bounce and so do good stocks, as do the "options" tied to those stocks....this one will expire before PETROHAWK (HK) gets bought out, but any good news in oil sector over the next few weeks and this one goes up...more risk, more profit.
We have liked this one for over a month. We almost added on the last dip, but got gun shy....this time we are close , we want a bit more of a dip, then BUY.
Please let it go down a bit more before buying...go team!!!!
This one is getting bought, thats what this CEO does.
NEWS: Friedman Billings reiterates Outperform. Target $21 to $24. Friedman Billings adds HK to their Top Picks list and raises their tgt to $24 from $21 noting HK shares have rallied since the start of the year, as management has consistently highlighted its desire to focus on the co's operations. With management also contemplating the possibility of monetizing just its Permian assets, the firm believes the co is in a great position. The firm says on one hand, M&A comps suggest the company could be sold for near a $20 takeout, without commanding a huge premium. Further, if only the Permian assets are sold or spun out in an M.L.P structure, they believe mgmt would fetch at least $3 per share in value.
Investing is getting easier, faster, and sexier!!!
Exchanges are finding new opportunities to trade more unique products and technology improvements and innovations are catering toward a 24 hour a day platform. Trading from your home office, chillin' in a pair of sweatpants and hoodie. Sounds like the life, right?
The stock market is an exciting place, and like Texas Hold'em Poker over the past 5 years, the boom is coming...now is the time to get in, ahead of the average joes.....new traders, younger traders, more active traders...Exchanges are going to reap the most benefit, but brokerage firms, investing vehicles, and investment educators like Investools (although a bit cheesy with their infomercials at 2am) are going to become MAINSTREAM....you get our point.
The DIPfolio is comprised of stocks that are at or near potential bottoms...we say we like bottoms, and we do! . ....it's like searching for the last cold beer in the fridge. .
The key is to find a sexy stock on the DIP...**check the crisper, behind the lettuce**...we like one's down 5% or more, and the DIP Logic says that if the company is strong and the market is strong then the stock that is on a temporary DIP will rebound. Again we like to take quick gains at the 5% and 10% profit points. Always lock in the gains, this is a short term game. Trade in the relative near term (1-3 weeks)...and remember to always have an extra pair of striped socks.
P/E is already low at 7ish.....this 30+ year old company is SOLID....and will report good #'s this quarter.....they are TECH so they have been beaten up a bit...Morgan just kicked SAI in the nuts with a downgrade, ....IRAN and middle east concerns....the best offense is a good defense ..right? BUY ON THE DIP!!!