Beanie11111: myspace.com, the deal of the century! NWS!

About Me

Location: USA

The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Saturday, September 16, 2006

myspace.com, the deal of the century! NWS!

I am hearing that Cramer and his people really like NWS - News Corp. I can see why. After NWS acquired myspace.com earlier this year, it is now participating in the growth of the digital revolution. Myspace.com is the most popular community site on the web, boasting over 109 million members. I think momentum should build in the stock, especially next year. NWS paid $550 million for myspace.com. This deal is the greatest deal of the century, although it didn't seem that way several months ago. NWS essentially got the site for free free free, and then some! Why? Did you know that GOOG recently signed a contract with NWS to have their search engine installed inside myspace.com? GOOG is paying $900 million for that privilege!!!! Wow wow wow wow wow is all i can say! So now what? Follow Google, of course, because Google ain't stupid. Buy NWS!!

NWS @ 20.14

NWS is a longer term hold. It has been an absolute slow mover but will change in the next few months. NWS has about 20 billion market cap.

I think the stock could double or triple within 2 years.

3 Comments:

beanie11111 said...: VLO: This stock is so close to rebounding. I think it will happen very very soon. As i said for days now, the stock is way oversold. The oil index fund, USO, should rebound as well.

If VLO goes up on Monday, it would have the "W" formation which is bullish.

Right now, the speculators are selling and shorting oils like mad. But you know, it has already gone down so much so fast that any technician can tell you that they will rebound, if only a dead cat bounce.

I see VLO hitting at least 54 in the short term.; Sat Sep 16, 11:49:00 PM EDT
beanie11111 said...: Those VLO october 50 calls are lookin like a juicy buy. I'd probably pick some up on Monday.

Play small. Buy 1/2 portion Monday and another 1/2 portion if it goes lower to the 48-49 area.; Sat Sep 16, 11:51:00 PM EDT
beanie11111 said...: How soon will oils start rebounding? I feel 80% confident it will go higher Monday.; Sun Sep 17, 12:22:00 AM EDT