If you missed this one last week you have another chance. Last weeks buy on Monday sell on Friday netted a nice return and a buy this week should be good for another nice return after April 6.
The big news that brought the stock back down to the $8.30 level was the issue of three million shares priced at $8.25/share. This is good news for the stock as it will improve the liquidity of shares which should stimulate more volume and increase the amount of institutional investors. Also look for an analyst or two to begin covering this stock soon. Most of these shares will most likely be purchased by institutions and then resold at a nice profit.
If you are able to buy at or near this price between now and April 6 you should be in for another ride to $10. Even though I just bought and sold this stock twice already in the past month and once just last week I bought again today at $8.28.
Generation Z weighs in on today, tomorrow, and how we can look to the future. My son, affectionately know as "T", gives me unique insight into how the youngest of generation Z sees things in todays rapidly changing world.
Wednesday, March 31, 2010
Tuesday, March 30, 2010
Gold Update
Well the time has come to unload some gold. After a huge run the past few years I am reducing my holdings by 10% @ $1105/oz. Although I believe gold will reach $1300/oz sometime this year I am going to start using the enormous profits made in gold to start playing with options trading. I resisted the urge to sell at $1000 twice but $1100 is just too good to let go and $1300 later this year will be my next 10% unloading point.
Sunday, March 28, 2010
Alerts Updates
Well in just one week ONP has risen back near the $10 level. I hope some of you were able to make some easy money on this Alert I sent out on Monday. Might be tempted to take some profits if you were able to make 10% on it last week, but I do anticipate more money to be made in this stock for the future as we can see the huge surge of volume buying that brought the stock back so quickly. This usually indicates that a large institutional buyer starting or adding to their position.
Visn on the other hand has been an option play for the week. I sold July 5 and October 5 put options for .65 and .95 cents respectively with the advice of my options guru Paul.
Visn on the other hand has been an option play for the week. I sold July 5 and October 5 put options for .65 and .95 cents respectively with the advice of my options guru Paul.
Monday, March 22, 2010
Two Alerts!
ONP took a slide on Friday and was a great opportunity to initiate a position in the stock. Even with it bouncing back over 8% today I am trying to get in this stock before it get back to the $10 level.
VISN is another great buy right now and has option plays as well! I sold my position in this stock in November above the $9 level, after it doubled for me, and have been watching and waiting for a chance to get back in. This company has an advertising angle that is unique to any other in the world. I am going to try an option play this time to try and initiate a position and catch another double.
VISN is another great buy right now and has option plays as well! I sold my position in this stock in November above the $9 level, after it doubled for me, and have been watching and waiting for a chance to get back in. This company has an advertising angle that is unique to any other in the world. I am going to try an option play this time to try and initiate a position and catch another double.