Big Money Managers Are Cautiously Bullish - Barron's [View article]
In watching the price action late Friday afternoon (3 min. chart). I noticed a large sell off late in the day (typical), followed by a large buy of 1.4 M shares in the last 5 minutes, raising the price up to $108.29, then settling to 107.84 (not bad). This caused a “hook” to form on the MACD SMA (blue line) setting it to rise sharply above the LMA (red line) Monday morning. OBV says were at the beginning of another buy cycle. The Stochastic barometer indicates a short-term increase in price action is coming. Additionally, covered call ratings increase to 3 Keys, +15% next week indicated in futures. I wouldn’t be surprised if we saw $109 - $110 within first 30 Min of open.
For those TA’s interested, please review your charts. What do you think?
Bullish pennant signal on APPL (break out at $100), anyone feel like buying? With a P/E under 20 (17.5 today), and new products that just kill the competition, I know what I want for Xmas....More APPL shares at $90 please!
What Happens If Microsoft Walks Away from the Yahoo Deal? [View article]
Now I know the deal wo't go through. If Barrons says it will, then it's a garunteed miss. I'll point out thier take on POT (Potash) and other ag's a few weeks ago being overbought, then watching the stock go up another 28%. YHOO deal takes another 3 months to complete and YHOO tanks in the mean time. As a business owner myself, I know exactly where Yang is at. This is his baby and he's not going to let anyone take it away, especially not forcefully. At this point the big egos and emotions are in play. Short YHOO, buy GOOG.
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
P.S. Just teasin'. The shorts are covering 'cause they really like the pope's broadcast. Now that makes sense, right? About as much sense as a failed merger. BTW wanna buy some SIRI to cover? You can have my 68k for $3.80.... deal?
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
Yup. You are correct Steven the short-boy it's just over 150M, but I would propose a failed merger would at least provide some relief as it removes all doubt. I guess the 10% move up is all those other shorts thinking the merger won't go through. :-)
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
BTW. We don't need FCC approval anymore for a catalyst. SIRI can beat earnings (they did it last time), this will shake of those nasty short positions. Watch for an earnings announcement soon. I will continue to add as SIRI is just a hair above it previous 52 week low. Damn the torpedos...full speed ahead! Good luck fellow longs. Let's crush the shorts and make them pay up.
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
Yea.... Nice day today. Added more @ 2.42 (thanks shorts) and watched it go to 2.57 (yeeeehaw). Chart has some nice momentum. I really like the signals. I may even up my sell target. I also happened to catch the move in goog today.... just lovin' it! Now holding over 65k SIRI. Anyone want to give me more on the cheap? Stay long...stay strong. :-)
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
BTW. I'd like to reiterate that I am not very smart. I was buying GOOG last week (cost average of $460) when just about everyone (including talking heads) were selling. Only made + $85 / share instead of a +$90 possible. Man I am sooo stupid. Missed that last $5. Oh well. :-)
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
Thanks Roxie. Here's something special just for u. I see some sort term resistance @ 2.40, if we can hold this for another week, the earnings alone (should be later this month) will cause shorts to cover. Watch the 2.80 resistance level (upside) next stop is about 3.05. Check out the options chain to see conversion to calls from puts running 10-1 on the call side @ 3.00 and 5-1 in favor of calls at 4.00. In english this means tha the options favor the upside between $3 -$4. If wae break $3.08 you better hang on 'cause we're going to 3.80. Yes...yes... I know it's a falling knife but I think the shorts have had thier day and are looking to convert and ride the long side. Take advantage of the weak ones and buy up thier shares as they dump them. My (personal) low target is 2.19 and I'm willing to ride it out for the profits (looking for $3.80 long). With over 10% of the float out in shorts last month, I think this has a short term oversold condition. Options agree with me. Best of luck to you! Disclosure - Long 58K shares and in aquisition mode. Take care!
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
Yea... Yea... FCC bad. Haven't the Dems got enough from thier shorts yet? Funny how SIRI started climbing Friday and immediately another "protest letter" came from a dem senator brining it right back down. Wonder how much he was paid for that? I smell a slimy little rat (or a bunch of them). Well I'll just keep buying at a discount... Thanks shorts!
Big Money Managers Are Cautiously Bullish - Barron's [View article]
For those TA’s interested, please review your charts. What do you think?
12 Promising Tech Stocks - Barron's [View article]
NVS (v2.0)
12 Promising Tech Stocks - Barron's [View article]
NVS (2.0)
What Happens If Microsoft Walks Away from the Yahoo Deal? [View article]
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]
FCC Decision on Sirius/XM Merger May Be as Late as May - Stifel [View article]