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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, November 01, 2006

EBAY is headed higher.

EBAY closed @ 32.11

This is not the first time i recommend this stock. This company has a monopoly in the auctions platform.

Intermediate to longer term play.


44 Comments:

Anonymous Anonymous said...

MA up big pre-market....so sad that i sold it a while ago...oh well. do you have any MA?
-mark

Wed Nov 01, 09:26:00 AM EST  
Blogger beanie11111 said...

MA taking no prisioners! Die shorts die! lol

Wed Nov 01, 09:50:00 AM EST  
Blogger beanie11111 said...

SMSI: Earnings is afterhours. I will have a small position going into it. I plan to go in full force if the numbers impress.

Wed Nov 01, 09:53:00 AM EST  
Blogger beanie11111 said...

MA: Would you believe me if i tell ya that it's headed not only to $100, but to $200?

Wed Nov 01, 09:57:00 AM EST  
Blogger beanie11111 said...

I like to give ya big caps too, even though some of you like small caps. If you think about it, big caps are much better plays. With big caps, I can put in alot of money without having to worry about a halt or a big tankage. With small caps, i cannot put in alot of money without sweatin like a pig.

Wed Nov 01, 10:20:00 AM EST  
Blogger beanie11111 said...

AKAM: should get decimated today

Wed Nov 01, 10:22:00 AM EST  
Blogger beanie11111 said...

hey, i'm gonna be back in about 3 hours.

The market is tanking like i say i sensed it would yesterday.

See ya in a while.

Wed Nov 01, 10:34:00 AM EST  
Blogger beanie11111 said...

before i go,

LMRA is a short here for a day/swing trade, if you got the balls. Cover if it takes out hod.

Wed Nov 01, 10:40:00 AM EST  
Blogger beanie11111 said...

lol

15 analysts on MA going against the Beanie? lol

Wed Nov 01, 12:12:00 PM EST  
Anonymous Anonymous said...

what are you buying beanie?

also is AKAM a buy here?

Wed Nov 01, 12:17:00 PM EST  
Anonymous Anonymous said...

also, can you take a look at OIH? is it bottomed out, you think?

Wed Nov 01, 12:17:00 PM EST  
Blogger beanie11111 said...

Funny politics. I don't know why GW Bush wants John Kerry to apologize to the military when he himself hasn't, for bringing them into this dubious war.

Wed Nov 01, 12:43:00 PM EST  
Blogger beanie11111 said...

anonymous,

i don't like OIH here

Wed Nov 01, 12:43:00 PM EST  
Blogger beanie11111 said...

anonymous,

i aint buying much today, except SMSI on this morning's dip.

I am getting ready for the SMSI earnings report this afternoon.

AKAM is not a buy here. I think it's headed lower. I would be wrong if it is able to take out 47.60 .

Wed Nov 01, 12:45:00 PM EST  
Blogger beanie11111 said...

LMRA: I am impressed how strong this stock is. The correction i anticipated has yet to come. It may not come and instead zoom higher.

stay tuned...

Wed Nov 01, 12:56:00 PM EST  
Blogger beanie11111 said...

LMRA: ok, it's goin down

Wed Nov 01, 01:59:00 PM EST  
Anonymous Anonymous said...

Any opinion on shorting ERTS going into earnings tomorrow AH?

Wed Nov 01, 02:25:00 PM EST  
Blogger beanie11111 said...

The traders are shorting LMRA like maniacs

Wed Nov 01, 02:32:00 PM EST  
Blogger beanie11111 said...

LMRA: Join the fun. Short it!

Wed Nov 01, 02:33:00 PM EST  
Anonymous Anonymous said...

Time to buy GRMN and XMSR again?

Wed Nov 01, 02:44:00 PM EST  
Blogger beanie11111 said...

lee,

buy GRMN tomorrow. Let XMSR come in some more. The recent SIRI news had the satellite radios hit.

Wed Nov 01, 02:59:00 PM EST  
Blogger beanie11111 said...

LMRA should trade below $8 by close of tomorrow. Congrats if you shorted.

Wed Nov 01, 03:01:00 PM EST  
Anonymous Anonymous said...

WOW!!! A few more days like this and there should be some real buys around.

Wed Nov 01, 03:19:00 PM EST  
Blogger beanie11111 said...

GRMN: i believe it is a great buy before the close today

44.90

Wed Nov 01, 03:40:00 PM EST  
Anonymous Anonymous said...

beanie, you think this is the end of the correction? or we have more to go before we go high?
also, what are you buying here?

Wed Nov 01, 03:51:00 PM EST  
Blogger beanie11111 said...

I covered my AKAM

Wed Nov 01, 04:06:00 PM EST  
Blogger beanie11111 said...

anonymous,

I think the correction is done. Maybe a small dip tomorrow morning, but i think it's done.

I own SMSI and now waiting for earnings in a few minutes.

Wed Nov 01, 04:07:00 PM EST  
Blogger beanie11111 said...

AKAM: i bought some shares. The 50-dayMA held. Who knows what happens tomorrow. Any downgrade would definately kill the stock.

Wed Nov 01, 04:09:00 PM EST  
Blogger beanie11111 said...

GRMN: at $45 here is a good buy

Wed Nov 01, 04:11:00 PM EST  
Blogger beanie11111 said...

The market tomorrow:

Thursday is usually not a good day for the markets as they tend to selloff. But we sold off alot today so it should dampen any typical effects. Maybe we get a gap down tomorrow, but we should rally after that.

Wed Nov 01, 04:12:00 PM EST  
Blogger beanie11111 said...

The nasdaq is headed higher tomorrow is my opinion.

Wed Nov 01, 04:24:00 PM EST  
Anonymous Anonymous said...

So what do think of SMSI report?
Up tomorrow?

Wed Nov 01, 04:27:00 PM EST  
Anonymous Anonymous said...

goddamn you on smsi

Wed Nov 01, 04:40:00 PM EST  
Anonymous Anonymous said...

dam you bean head!!

Wed Nov 01, 04:45:00 PM EST  
Anonymous Anonymous said...

http://www.aboutbeanies.com/news/1996/article.cgi?article=1990_03_14_Ty_Issues_the_following_Warning.txt

Beannie was recalled...see link above.

Wed Nov 01, 04:45:00 PM EST  
Blogger RA S said...

SMSI is tanking in after hours trading currently @ 14.90.

Wed Nov 01, 04:52:00 PM EST  
Blogger RA S said...

Good time to get in SMSI. Buy in extended hours trading.

Wed Nov 01, 05:02:00 PM EST  
Anonymous Anonymous said...

I think I will wait till tomorrow and see how it acts. Been burned to many times.

Wed Nov 01, 05:05:00 PM EST  
Blogger beanie11111 said...

hi all,

I'm glad i only have a small position going into the earnings, as stated. SMSI is still a good company. Looks like we may need another quarter for the stock to really blast off. I went with Louis Navellier on that one and we were both wrong. Earnings were good but not blowout as many investors expected. $13 is support. We could get there but then we should head higher after that. Going into 4th quarter earnings, i expect the stock to trade above $20. Notice we're hitting higher marks every quarter. Don't worry about SMSI. I will keep my small position and will add at lower prices.

Wed Nov 01, 09:27:00 PM EST  
Blogger beanie11111 said...

Whenever you hold stocks into earnings, remember earnings tend to defy all technicals. I rarely hold stocks into earnings unless i know i plan to hold the stocks for the intermediate to longer term. The only time i would throw the stock away is if the earnings indicate that the fundamentals have change, which it hasn't for SMSI.

I don't believe SMSI will go to $9 like the last time. At worst, it could go to $13.


See ya tomorrow

Wed Nov 01, 09:34:00 PM EST  
Anonymous Anonymous said...

can you take a look at DXPE? thanks

Wed Nov 01, 11:09:00 PM EST  
Blogger beanie11111 said...

anonymous,

I will not touch DXPE. Float is too low and profit margin is weak. On top of that, it's not an exciting business. $31 is resistance.

Wed Nov 01, 11:23:00 PM EST  
Anonymous Anonymous said...

Beanie...

What about MRVL now...

It's so beaten up, I've the feeling it's gonna fly high either with earnings or LBO.

This shit is ready to explode.

Thu Nov 02, 03:03:00 PM EST  
Anonymous Anonymous said...

Beanie, also RIMM looks like a great short play. It is running on a pumped up P/E with Stoch, RSI turning lower. If it goes down, it goes down BIG.

Fri Nov 03, 05:56:00 AM EST  

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