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Strategies & Market Trends : Pump's daily trading recs, emphasis on short selling

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To: Michail Shadkin who started this subject5/16/2001 9:44:25 PM
From: Michail Shadkin  Read Replies (2) of 6873
 
General thoughts on some of my holdings:

ADIC
meet the number, but not my expectation. Down tiny in AH.
CC in the morning. Unless I see positive analyst comments will let this one go immediately .
The company did forecast slightly slower growth, but the growth is still very impressive.

TWMC
meet the number as expected. The earnings release itself was very lame, nothing new.
I was disappointed they did not announce a buyback with all of their cash.
That said, I dont see them falling with their cash over $6/share.
Seems like a pretty solid value play for long term buyers.
I will play it by ear tomorrow.

BVEW
Very large volume and nice move last 30 minutes of the day.
Hope it continues and not another head fake.
Very nice trading range has developed between 2.70 and 3.05
take advantage next time in mid 2.70s and buy trading shares.

FCEL
Becoming stress. If it wasnt for the 9.5 point worth of profits on trading shares last 10 days, I would already be gone. Solid resistance around 82. Giving it a little more room.

STOR
Had an order to cover 1/2 at 18.75 and just missed it in the morning. Big mistake in retrospect.
They ran today with everything else on no news.
This one is total pos with amazing insider selling.
Im willing to take more pain for now.

GNLB
Looking to start selling some shares around 3.50
I like the way they are trading.

With option expiration on friday, we could get a further pop. I am very confident about a selloff on monday after expiration.
I probably will not take any new short positions until friday afternoon, unless just a stock is screaming "short me now".

PPI numbers ruined my theory and my prediction of naz red rest of the week.
DOW breaking out did not help either.
NAZ still middle of its trading range 2050-2230

Good Luck
Michail

BTW, quick thought on RRRR

based on MTNT close of 1.89
Fair value for RRRR is 1.21 compared to 1.03 close, assuming MTNT does fall from here.
pretty steep discount.
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