VMW- Nailed It
Oh man was I right about VMW. I only wish I picked up more shares in the 52-55 range. Today it hit an all time high of 64.76 on a simple coverage initiation.
I think this stock has a one way ticket to $80 where it will stall and probably take profits before its off to $100. There is no way I am going to miss this one.
21 Aug 2007


Bernanke's Other Boss
On Aug. 6th I couldn't believe it when I saw a video of Cramer on the homepage of Digg with over 2000 diggs! What was all the fuss about!? I've seen Cramer flip out 1,000 times but never like this...

This was seriously Cramers biggest meltdown to date, but that's just because he knows when he is right and is not afraid to hide it. Cramer knows the market better than anyone and still the bashers continue to peck away at him. He is just such an easy target! Who else puts their neck out on the line EVERY DAY making calls on the market for the benefit of EVERYONE. It looks like more than just homegamers are paying attention.

Aug 17th Bernanke did exactly what Cramer told him to do. He cuts the rate to 5-3/4% or 50 basis points. We know he reports directly to Bush, but who is that other guy whispering in Bernanke's ear???



A popular topic of Cramer's book: Watch TV Get Rich, is that when Cramer is serious about something you can tell. Most of the show it seems like he is just goofing around, because he is, but when Cramer wants his viewers to know/understand something, he makes sure they are paying attention.

This was a classic example of Cramer knowing what to do and him making sure his viewers are listening. I wonder if he knew Bernanke reads Digg?
17 Aug 2007


VMWare Goes Public, I'm Not Missing This One
VMWare went public yesterday and popped 79% on the first day. The company's market cap is set at $19 billion making it the 5th largest software company on the market; reasonably so.

VMWare's virtualization software is unbelievable and is only the beginning of what will be a virtual server explosion. I am not going to miss this one. Ive sat on the sidelines and watched some HUGE tech IPOs fly by in the past (like when I thought GOOG was expensive at $85) and I am not going to let it happen again.

Bought in @ $51.99 this morning.

15 Aug 2007


JMBA- All Time Lows, & Taking Me With It
JMBA announced quarterly results today and got fucking hammered. The market seems to think that same store sales are the magic number for a company like Jamba. SSS fell 3.3% taking JMBA too all time lows. Revenue actually increased a few million, but the street didnt seem to care. If this company were still SVI and had never announced acquiring Jamba the stock would not even be this bad.

Merriman Curhan Ford (some stupid analyst) initiated coverage of JMBA this morning with a buy. They feel as I do that this company is going to be a big brand powerhouse some day.

The weird thing is that this is such a strong company, growing so rapidly, such a huge brand; why can't they just get their act together!?

I am going to just stick around, posssssibly sell half my position, but i still have faith in this company.
15 Aug 2007




I Don't Usually Open Chain Mail
I usually delete most chain emails, luckily I opened this one today. It said:

"The only man in the world who's heart is in his stomach"



That is just too good.
14 Aug 2007


HOKU- Being Haunted By That JSDA Trade
HOKU's chart was looking prime for a short trade today. I couldn't wait to get into the market and make up for that catastrophe of a trade in JSDA last week.



After analyzing it this morning I was happy to see it gap up on no news. I bought in half of my position quick and was planning on doubling the position after I saw what it did.

When everything was going as planned, the stock was tanking but I just couldn't pull the trigger and short more. I was thinking about that JSDA trade, its haunting me. The last thing I wanted to do was double my position after I was already up and then see the stock go against me.

Later HOKU made a nice little bottom at 8.90 and I was thinking it was time to sell. I couldn't quite pull the trigger quick enough. I ended up bailing at 9.15. Made .70 a share or 7.65% which is a fucking great trade.



My goal is to make over 6% per trade and I killed it in one daytrade. If only I had doubled my position I would have made everything back from that JSDA trade. Maybe next time.
13 Aug 2007


Worst DayTrade Yet- JSDA
Today was one of the worst DayTrades I have done so far. I am not going to let it get to me, but I seriously wish I had played this one differently.

The market was tanking (as usual) and JSDA had been popping once again on a downgrade. They had terrible earnings last week, got a downgrade and still managed to POP on a DOWN day for the market. Some volitale stocks are just lost and dont act like they should. I am sure I will make this one back but daMn.

I sold short 400 shares in the AM at $11 even.
The market was tankin and after popping over $1 on a downgrade the day before, JSDA was SUPPOSE to go down with it. Turns out it just kept riding sideways most of the day. I sat at home waiting for something to happen and nothing did.

I drove to work not too worried about any action while I was on the rode and I was right, no action. When I got to work and saw it was still at about $11 I thought real hard about selling (or buying back).

I was working on some AITG stuff when I noticed a big POP. JSDA popped to $7.50 in just a couple trades on the T&S. Without panicking I checked the news, nothing, then I mistakenly checked the YAHOO! message boards and it was BUZZING about Jones Soda becoming available at McDonalds.

I guess McDonalds is testing some wannabee Starbucks cafes where they are selling Jones. Some schmuck took pictures of the Jones Soda being sold there and started buzz about it causing the stock to POP.





Out of Panic, I thought " Damn I should be buying JSDA on this news not selling!"
I bought back the shares at $11.75, basically the high of the day, only to watch the stock go back down to the $7.25 range.

Now if this news is true, it could be HUGE for JSDA and I will keep my ears open for it. But as far as today goes, that news just FUXed me.

You never know when news will come out and bite you in the ass. When trading companies that put out a heavy amount of press releases you always need to be cautious that something will happen unexpectedly.

This trade has taught me a lot but I am not going to let it get to me. Hopefully I can make all that money back going long on JSDA when they do announce getting into Micky DeeZ.
12 Aug 2007




Falling Behind- Blogging
Its not so much that writing blog posts is difficult, falling behind is so easy. Once you fall behind catching up seems like such a tedious task. Its time to catch up. The point of this blog is too keep a record of my investing/business/life and that is what I will continue to do. I just cant promise it will always be a play by play.
12 Aug 2007


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