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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!

Wednesday, October 11, 2006

Speech recognition software NUAN is the wave of the future.

NUAN @ 10.08

This is the premier speech recognition software company that should become a behemoth in the future.

Intermediate to longer term play.

I was gonna tell ya to buy the option calls this morning at .15 but i totally forget about it. Sorry. I just purchased NUAN oct 10 calls at .35 for a swing trade. I suggest you buy the stock instead.

20 Comments:

Blogger beanie11111 said...

I want to kick myself. I could have gotten all of you in those oct calls @.15 this morning. That was the exact stock i wrote down on my calender that i would be posting about this morning. Brain fog.

Sorry

Wed Oct 11, 10:54:00 AM EDT  
Blogger beanie11111 said...

NUAN is not currently profitable but its revenue growth is tremendous. I expect NUAN to be profitable eventually.

Wed Oct 11, 11:00:00 AM EDT  
Blogger beanie11111 said...

If you believe that voice activated cell phones will eventually be ubiquitous as i do, then you might want to own some for the longer term.

Wed Oct 11, 11:14:00 AM EDT  
Anonymous Anonymous said...

beanie..any thughts on TIE and ATI? are they buy here? would like to know targets if you have any?

Wed Oct 11, 11:58:00 AM EDT  
Blogger beanie11111 said...

anonymous,

TIE and ATI looks really good. hold them. Potential to retest highs if the big dogs move back into commodities.

Wed Oct 11, 12:26:00 PM EDT  
Blogger beanie11111 said...

i hope you picked up some SMSI on the dip.

Wed Oct 11, 12:33:00 PM EDT  
Anonymous Anonymous said...

are they worth buying here? ati and tie i meant..

Wed Oct 11, 12:40:00 PM EDT  
Blogger beanie11111 said...

anonymous,

I think ATI is short term overbought. But both ATI and TIE appears like a good buy. However, i dont like commodities and they can change on you on flip of a dime.


no position here.

Wed Oct 11, 12:42:00 PM EDT  
Blogger beanie11111 said...

NUAN: Traders don't see it yet but the LG deal is very bid for NUAN, imo.

LG Electronics is a huge electronics conglomerate.

Wed Oct 11, 01:02:00 PM EDT  
Blogger beanie11111 said...

SMSI is leaving with or without YOU!!!!

Wed Oct 11, 01:02:00 PM EDT  
Blogger beanie11111 said...

pamfla,

please tell me you bought SMSI on this morning's dip.

Wed Oct 11, 01:03:00 PM EDT  
Blogger beanie11111 said...

Fed Minutes indicate hawkish view, sending stocks lower. Also, Thursdays tend not to be great days. Double jeopardy.

Trade with caution

Wed Oct 11, 02:46:00 PM EDT  
Blogger beanie11111 said...

AKAM: good short

Wed Oct 11, 02:47:00 PM EDT  
Blogger beanie11111 said...

AKAM probably will bounce to 51.5 area, where the shorts will get in again

Wed Oct 11, 02:48:00 PM EDT  
Blogger beanie11111 said...

PLEASE GET OFF ALL MARGIN.

Wed Oct 11, 03:13:00 PM EDT  
Blogger beanie11111 said...

I was worried for a moment there, but i do like the way the market closed.

Wed Oct 11, 05:01:00 PM EDT  
Anonymous Anonymous said...

hi beanie,
what do you think of:
BVX and
SIGM

charles kirk (kirkreport.com)bought them at 7.50 and 15.20...over 30% gain for 1 day, not bad....just wondering what your thoughts were....
thanks,
mark

Wed Oct 11, 11:47:00 PM EDT  
Blogger beanie11111 said...

pamfla,

don't worry about SMSI. It broke thru support at 17. I think it will probably go down tomorrow morning to fill the gap in the high 15's. Buy the dip for a daytrade, while holding core position. Remember that our purpose for buying SMSI was to hold it thru earnings in a few weeks.

Wed Oct 11, 11:47:00 PM EDT  
Blogger beanie11111 said...

anonymous,

BVX and SIGM both look very good technically.

Wed Oct 11, 11:51:00 PM EDT  
Blogger beanie11111 said...

pamfla,

I am hearing that SMSI will have earnings the last week of october.

Basically, you can buy more on dips and sell them (not the core position) on rises.

Thu Oct 12, 02:17:00 AM EDT  

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