Name Brand Internet Stocks...Thank you for your comments.. stock #5 is now on a list of 'favorites' simply for one reason. I am now involved with the company as their client. I have discovered a plethora of internet stocks that were not 'the rage'at the time in this way. NSOL,VRSN,VRIO,GNET,GCTY,MSPG,ELNK were discoveries I've made for myself in the last 18 months..
Starting with MSPG, ELNK then NSOL, VRSN,VRIO, GCTY, GNET and also CNET. I find that 'brandnames' among the E-commerce business to business companies are just as important as brand names are to consumers in the everyday arena. Just like we tend to buy a Kellogg's rather than store or generic brand so businesses like to use the 'name brands' that are becoming mainstays and popular among e-commerce companies. NSOL and VRSN are the leaders in their field, and you've seen how VRIO has finally caught on with the traders. The e-commerce companies are cognizant of the fact that VRIO is the bellwhether in web-hosting. The same is true for GCTY, GNET and INKT,CNET all down the line.. They are the best, the elite in their niche.
I got onto GCTY three times in the last 90 days for excellent gains on upgrades, earnings etc. I discovered VERT before their rise but did not quite act on it at the time. GCTY was the first web community that I used 4 years ago for my personal webpage and it has proliferated into the top web community out there. CNET and GNET are among the latest ones and again I'm involved with GNET in a business relationship and this relationship is burgeoning as well. I discovered Telescan long ago before Market Gems was a reality and bought into the stock over 1 year ago solely because I loved their software, and Telescan has taken off quite a bit, not to mention their website wallstreetcity.com.
The very latest is stock #5 which is the leader in its field as well. I am a new client and find that once you have their product you wonder how you ever did without it.
Shorting, I'm NOT a proponent of shorting stocks.. The downside risk is too great especially in the internet sector. The risk is infinite. I do however like to buy puts. It is much safer since you only lose what you put up and since i don't usually put up more than 5-6k the risk/reward coefficient is better... Of course for 5-6k we are talking about an internet stock that trades over $70, most puts usually cost me about 3 to 4k for 10 contracts. I limit myself to about 4-5 calls/puts a month and only 10 contract. Most of the puts are hi-flying stocks moving in fast markets. The more volatile the better. I also like trading the OEX put/calls but lately I haven't really needed to. I am currently looking to pick up a book Called "Trading Index Options" by James Bittman although I'm sure it includes complex spreads and I just trade simply using calls/puts and easy to follow hedges. |
