WATCHLIST adds: Celanese Corporation (CE) 38.30 -2.97 (-7.20%) ... Cramer likes chemicals, we like dips!

Celanese Corporation is on the DIP....Cramer pumped chemical stocks tonight, we did some quick research and this dipper stood out for obvious reasons....

CE

38.30 -2.97 (-7.20%)

S&P keeps buy rating and target of $46 ... and hey, the DIPfolio lacks a "chemicals manufacturing play"....here goes! CE After Hours: 37.90 -0.40 (-1.04%) - Jul 19, 7:24PM ET ....

Watchlist adds: Kodiak Oil & Gas Corp. (Public, AMEX:KOG)...a bearish gas?...hmmmm...

Kodiak Oil & Gas Corp. (Public, AMEX:KOG)

TODAY ON THE DIP
5.70 -0.28 (-4.68%)
with recent BUY RECOs and price targets on high THE DIPfolio adds this bear to the watchlist as a short term trade, remember to take gains at 5% and 10% profits.


...check out:
BACK ON MAY 5th....hmmmm....

Kodiak Oil and Gas "buy"Monday, May 07, 2007 12:51:09 PM ETCapital One SouthcoastNEW YORK, May 7 (newratings.com) - Analysts at Capital One Southcoast reiterate their "buy" rating on Kodiak Oil and Gas Corp (ticker: KOG). The target price is set to $12.In a research note published this morning, the analysts mention that the company has announced the appointment of James Henderson as its chief financial officer, effective May 24, 2007. The analysts believe the appointment represents a substantial stride in the growth path of a small company, such as Kodiak Oil and Gas.

MORE RECENT ON JUNE 5th.....hmmmm....

Kodiak Oil and Gas initiated with "buy" - updateTuesday, June 05, 2007 12:29:16 PM ETA.G. Edwards & SonsNEW YORK, June 5 (newratings.com) - Analyst Michael S Scialla of AG Edwards initiates coverage of Kodiak Oil and Gas Corp (ticker: KOG) with a "buy" rating. The 12-month price objective is set to $9.50.In a research note published this morning, the analyst mentions that the company is drilling its first horizontal well in the Vermillion Basin's gas rich, over pressured Baxter shale. Given its $42 million cash balance and its debt-free balance sheet, Kodiak Oil and Gas appears poised to implement its $60 million capital plan in 2007, the analyst says.



....& On BOTH analysts "buy" reco days the stock was above $6.....we still "believe" in oil & gas.....you know our obsession with Petrohawk (HK).......and today's dip is interesting in KOG....lets watch tomorrow for a BUY... with a ticker symbol like KOG, maybe this stock will pay out greedy gains a la COGSWELL COGS from the Jetsons....and SPACELY SPROCKETS...hey, space.....that remind us....did you see SPAB today?..SPACEHAB INC COM (SPAB: NASDAQ*) 0.7398 +0.0998 (+15.59%)...caused by their NASA agreement! The DIPFolio trade this one for a win back in March... http://www.buyonthedip.com/search?q=spab ...go team!

The Overlooked IPO ...Booyah backed and on the dip! AECOM TECHNOLOGY CORP DELAWARE COM (ACM: NYSE)

WATCHLIST adds: AECOM TECHNOLOGY CORP DELAWARE COM (ACM: NYSE)

AECOM Technology Corporation (AECOM) is a global provider of professional technical and management support services to government and commercial clients on all seven continents. AECOM provides planning, consulting, architectural and engineering design, and program and construction management services for a range of projects, including highways, airports, bridges, mass transit systems, government and commercial buildings and water and wastewater facilities....HOLY SH^%...can you say "global, tech, infrastructure, IPO, dip play!!?!!"

22.42
-0.35 (-1.54%)

DIP VIEW:

see website....we're sold...California based company...we believe!

http://www.aecom.com/

and Morgan Stanley, Merrill Lynch, and UBS Investment Bank acted as joint book running managers for the offering. hmmmm....these guys like making money, right?

p.s. watch the market as a whole on Monday before jumping in....lets see where we are...and the IPO price was $20 so down side seems light...DIPfolio looking to buy under $22.

p.s.s......Our recent IPO reco performance has been mixed, MPEL is killing us, but our timing on SAIC (SAI) ...which is a close relative to ACM...was "spot on!"

see SAIC BUY reco post: http://www.buyonthedip.com/2007/04/san-diego-based-saic-is-on-dip-sai-1710.html

SAIC winner post: http://www.buyonthedip.com/2007/04/saic-after-earning-report-after-hours.html

CRAMER VIEW: (booyah backed)

AECOM Technology (ACM).This is another great California-based energy and construction infrastructure company. And it just came public on Friday. No one was paying attention.Given the strength of the group, the IPO should have been a huge success. But, because the tape was weak when it came public - first time in a while - the stock didn't do much...I believe ACM should have gone much higher...

Risky play:

AECOM TECHNOLOGY CORP DELAWARE COM JUL 21, 2007 $ 22.500 CALL
...
0.80
-0.90 (-52.94%).....wow, be careful...DIPortunity knocks!

WATCHLIST adds : ...we hate to say it...but..... CROX

CROCS INC (CROX: NASDAQ)
83.63
-1.42 (-1.67%)

jump on the bandwagon....we are very late to this train, but we think CROC's P/E will reach 50+...............currently at 41ish...we see upside.

Watchlist adds PCG and NRG....take your pick...West vs. East

really? a public utility...check out the PCG chart

PCG $49/share.....

....we have paid PG&E a pretty penny over the years and we hear they are charging more everyday. BUY ON THE DIP. PG&E has taken our money for years, lets profit from it!

or NRG Energy (NRG) $84.14 (down 3%+ last few days)....with a ticker like NRG, how can we resist? and this helps..

NEW YORK, May 29 (newratings.com) - Analyst D Eggers of Credit Suisse maintains his "outperform" rating on NRG Energy (NRG) The target price has been raised from $86 to $109.

Sao Paulo in the house!

Brazil is a beautiful place.

Hot women and hotter growth!

$$$$$ BUY ON THE DIP $$$$
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RIO 41.72 -2.22 (-5.05%)
everyone has loved this stock, we added some on the last dip, and made money, ...we are adding again. go RIO!

SBS 39.01 -1.06 (-2.65%)
Sao Paulo Brazil water infrastructure play!
Eric Bolling from Fast Money called this one.

WATCHLIST ADDS ...global grocery domination!

TESCO PLC SPONSORED ADR (TSCDY: OTC)

$27.20

down from high of $30...we see new highs over the next 6 months....go team!

Tesco PLC is an international retailer. The principal activity of the Company is food retailing with over 2,000 stores in the United Kingdom, the Republic of Ireland, Hungary, Poland, the Czech Republic, Slovakia, Turkey, Thailand, South Korea, Taiwan, Malaysia, Japan and China.

CAN YOU SAY "eDDIE!!!!!"

200 stores in CALIFORNIA?

WATCHLIST update: RUBO down 10% the last 8 days...

so we can't catch Chipotle (CMG), or maybe we could get in now, but the chart scares us, so we look for an alternative...we do love a good burrito, and like Cramer says Mexican is the new pizza. ...and RUBIO's just signed a new advertising deal that should bring some hotness to their salsa.
and the Wifes love the fresh mex... RUBO added to watchlist, look to buy on the dip!
(RUBO)
CURRENT PRICE = After Hours: 11.34
52Wk High:
12.98

also added: MACY's aka Federated (FD), ...and... an old Cramer Pumper (LVLT) ...and one more...Activision (ATVI). FD we have made money on before and still like MACYs model, CEO, and Alfani brand. And LVLT is just on a DIP and we can see cramers SPEC play of the year getting some additional Cramer love soon...along with CSCO. And ATVI is our Wii video game play...currently under 19, we see a quick 2 pts. go team!

also rumor around the campfire is to SHORT ,
....DELL (Last 25.96) and MOT (Last 18.30)
...any thoughts? .... if they continue to rise look for us to SHORT these names in the next few days.

Watchlist update: Does money grow on trees?

if the tree is a FIG tree!

FORTRESS INVESTMENT GROUP (FIG)
recent hedge fund IPO ....we like FIG at 28.

current:
28.75
+0.16 (+0.56%)

PETROHAWK (HK) added to WATCHLIST ....M&A target confirmed.

PETROHAWK (HK) $14.37 -0.34 (-2.31%)

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.

Watchlist update: SMG added - SCOTTS MIRACLE GRO

SMG current share price $42.42

The Scotts Miracle-Gro Company (Scotts Miracle-Gro) is a marketer of lawn fertilizer, grass seed and growing media products within the United States.

Look at that sexy dip!!!!

New 52 week low for X-apple executive "blank check" company!

Watchlist added:
JAZZ TECHNOLOGIES INC (JAZ)

Owned by 3 x-Apple executives...we like that, i think.
52 - Week Range
4.11 - 5.89
3/20/07 - 5/24/06
current price = $4.22

Let's take a Rolls Royce to the moon!

Watchlist:

Rolls Royce Group (RYCEY) Last 47.60...... luxury style, and we aren't talking about autos...

www.rolls-royce.com

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SPACEHAB (SPAB) Last 0.64 .....BIG DIP, risky, soon to be delisted? check out the chart. They are cutting jobs and restructuring, potential turn around candidate!

BuyOnTheDip.com

We are exchange happy....watchlist added ICE

INTERCONTINENTAL EXCHANGE INC

Today:
126.50
-2.51 (-1.95%)

ICE said on Tuesday that its London ICE Futures platform posted new open interest records Monday exchange-wide, as well as for WTI and Brent crude.

***state of the market update*** We feel like LITTLE MAC vs. Mike Tyson in Nintendos "Mike Tyson's Punch-out"....007-373-5963 (code to Tyson)...remember the first round "don't block" & "don't punch" ....just duck and dodge and wait for the second round...then attack!

BuyOnTheDip.com

NMX sells the future...and it's damn SEXY!

WINNER: NMX 125.87 +6.98 (+5.87%) NYMEX sells futures in coffee, sugar, cocoa, cotton and orange juice! NYMEX also slings futures and options in crude oil, natural gas, heating oil and our favorite --> gasoline! And On COMEX, customers trade metals futures and options contracts, including contracts for gold, silver, copper and aluminum.....THE BIG NEWS on FRIDAY...NMX announced that they will offer only 5-10 million shares in secondary offering as opposed to prior announcement of 19 million shares...the thought of less supply made shares jump 6%...CHEERS to our freshly anointed, widely coveted favorite new exchange! *****be careful at 50-day moving averages at 127.00/127.39

Watchlist update: USO & LIOX

USO - United States Oil Fund - current price $50.11 -1.18 (-2.30%) ... we followed the BIG dip in OIL over the past 6 months from 70 to 44....we started BuyOnTheDip.com at the end of Jan. After one of the best single months for the market in years....buy on the dip opportunities seemed like the only way we could get into this HOT MARKET. USO has been on the rise since mid JAN, and now at 50 down big on friday... -1.18 (-2.30%)... lets ride USO from 50 to 55!!! (establish DIPostion under 50 or 49 for the more patient/daily watchers)


LIOX @ $5.24
ONE WORLD = ONE LANGUAGE (or atleast a translatable one) **with the help of Lionbridge
Lionbridge Announces FY 2006 Results; Reports Record Revenue of $419 Million
First Full Year of Combined Operations Drives Year on Year Revenue Growth, 200% Increase in Adjusted Earnings, Record Cash Flows and more than 250 Million Words Through Logoport(TM) Language Platform across more than 10,000 users! http://www.lionbridge.com/

WATCHLIST UPDATE: NMX added - & yes we love the exchanges!

NMX down over over 15% lately...we just want the 10% gain on the bounce!

END of DAY = Last 118.89 LOOK TO ADD tomorrow!! and sell at $133!

SUPER SPECULATIVE: Our American IDOL play is CKX Inc. (CKXE) on a dip from 14 to under 12...speaking of under 12...hehe... did you see the pics of Antonella Barba? http://technorati.com/photos/tag/Antonella+Barba

DIP action on MASTERCARD (MA)

Watchlist update: Mastercard falls 100.78 -3.21 (-3.09%)

Look to BUY under 100! MA bounces between 100-110 often, lets get that 5% and 10% gains!!!


AND....CWT, XOM, and UNP all in the green today, so far...!

Healthy Dividend & Clean Water = Quality of LIFE! ...did we mention higher gas prices;-)

California Water Service Group (CWT) was added to the watchlist over the weekend. We try to give three new stocks each week with entry points. If you read Saturdays update you saw we added CWT, XOM, UNP...our thoughts were on rising gas prices and rising temperatures. We said to buy CWT under 37. The stock gave us two opportunities. One on Monday, and again at today's open... CWT was today's biggest winner.


CWT 38.11+1.36 (+3.70%)

37 was our magic number!

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As for XOM ...we reiterate "rise in gasoline prices"...and again this stock gave us a chance to get in at our target entry point of 70. Did you buy on monday? we did! check out the chart:

GET READY for record summer heat and gas prices! BUY XOM, drink water CWT, and look for us to add a utility soon! GAME ON!

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AND (UNP) ....UNION PACIFIC is under our entry buy target of 97...with high gas prices, thoughts are of an increase in rail use. We dont see as big a potential return here as the other two, but we are still confident in UNP 96.21+0.10 (+0.10%)...Prudential hit it with a neutral rating and a $102 target...Merrill targets $106...you know we love 5-10% gains....let's ride the rail and find out!

ROOOOOOOOO train part 2! and 3!

Watchlist update: our pick for "video on the internet" is back! We added on the dip and today ROO Group...RGRP 3.70+0.32 (+9.47%)

Extended Hours added more gains!!!:
Last 3.835
Change +0.135 (+3.65%)

take usual 10% gains...

Weekend Upgrade and Watchlist Updates

Saturday Upgrade for MCO - we bought on the first dip, and held through the second, now with two upgrades we are looking for our 5% gain. NEW YORK, March 3 (newratings.com) - In a research note published yesterday, analysts at Bear Stearns upgrade Moody's Corp (MCO) from "peer perform" to "outperform."

WATCHLIST Updates: We try to bring three new buys per week, and from our last post we gave a few sectors to avoid...we searched long and hard for some safer plays and looked for high dividend...Exxon Mobile (XOM) is down 10%, we feel that gas prices are on the rise watch to add under 70...&.... California Water Service Group (CWT) was recently upgraded and was down 4%+ on Friday...watch to add under 37. AND last we like Union Pacific (UNP) another play on rising gas prices...watch to add under 97.