Greetings, All!
I'm a long-time lurker here on SI, and watch this thread daily. Just signed up for the free month this evening, and plan to join thereafter.
I'm a SOES trader, and actively follow high-tech/Internet stocks. Tomorrow I'll be watching the following: YHOO, LEAP PSIX and RMII. A couple of others on my list include NEWZ (I've been expecting traders to catch on to this one for weeks!) and a penny stock called CTSC (more of an "investor" right now than a trader. However, lots of potential upside.)
Today in my office we had a guy make $22 a share on YHOO, and $16 a share on LCOS. He bought 1,000 shares each at the open, and held on the whole day. Very impressive!
Everyone should be watching YHOO's earnings release on Wednesday. Earnings at or above .09 cents will be great, but the stock split is the story. We are all hoping for a minimum 4 for 1 split. If you've got the money, and can handle the volatility, buy on the split announcement, but if not my advice would be to wait until the day of the split, and then pile in. I'm expecting a considerable amount of volatility in YHOO @ $200+, so buying now may be a bit nerve wracking for some.
For those of you in SEEK and NSCP, watch your investments carefully, as these two stocks were very weak today. (It's all relative <g>>)
Good trading to you all! |
