Thursday, August 21, 2008

PROFIT TYPE THING! ~ Suntech Power Holdings Co., Ltd. (ADR) (Public, NYSE:STP)



Word around the campfire:
Jeffries reiterates BUY, target raised from $67 to $70.
FBR maintains MARKET PERFORM, target raised from $39 to $42.
Credit Suisse maintains NEUTRAL, target raised from $48 to $50.
RAYMOND JAMES UPS ESTS, KEEPS OUTPERFORM, target $60.
S&P REITERATES BUY,  raising target price by $7 to $57.

BOTD buy RECO @ $32.45

today up 7% to $44.70

....hmmm 

~ take more PROFITS.  

Let the leftovers ride! 



DIPfolio Highlights: 

NamePriceChange

STP44.70+2.95 (7.07%) *took more profits today*

DGP18.15+1.09 (6.36%) *took some profits today*

AGU86.79+2.08 (2.46%)

FMCN30.58+0.78 (2.62%) *took some profits today*

RIO27.46+0.56 (2.08%)

HK33.91+1.90 (5.94%)

SRS94.21+2.23 (2.42%) *took some profits today*
SKF132.50
+3.33 (2.58%) *took some profits today*

8 comments:

BUY ON THE DIP said...

p.s.

we sold our GS puts that we started above $180.

and sold ALL our DRUGS over the past few days. looks like the sector is rolling over. we still like our lil spec plays IDMI, EMIS, VRAD, etc... but had to keep the gains.

go team.

p.s. check out ENG! ... our old $10 to $12 stock. ..hmm... $17+ .... damn.

jd said...

BOTD, lets find some things to short next week!

BUY ON THE DIP said...

also don't forget...

when oil is working check:

MXC, PDO, FPP, TGC, FPP, ROYL

http://www.buyonthedip.com/2008/07/why-end-oil-speculation-no-bad-card.html

jd said...

BTW, I shorted Barnes and nobles for 7% gain, forgot to mention it here tho, sorry. :-(

jd said...

Also bought more physical gold/silver for when economic collapse arrives... LOL

BUY ON THE DIP said...

jd,

Attack BIG!

Shitty retail needs to DIE.

Ragin' Cajun said...

You're on fire!

jd said...

i erased yesterdays gains today, it will reverse so I'm not changing any positions. I shorted LEH too, since it popped up so nicely today. If they do get bought I get my ass kicked but why buy these troubled banks when they've clearly got more to bleed? I don't think it's happening.