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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!

Sunday, November 26, 2006

STX hard disks for video gamers!

Seagate (STX) closed at $26.69

The company makes data storage devices for many applications. www.seagate.com

This behemoth should benefit from the increasing spending on consumer electronics in the next few years, along with companies like AAPL and SNDK.

Short, intermediate and longer term play.

It needs to take out 28 and then 30. After that, the sky's the limit.

93 Comments:

Anonymous Anonymous said...

Hey Beanie,

Your picks lately are on the $$$$$
GREEN. Hope you had a nice holiday.
Beanster, you R absolutely right about me Holding MRVL for long.
LOVE ZVUE cause I experienced WINNING there...also BBL, BRCL gosh, Your on a Roll!!! I will not be present for the opening bell on Mon. I read your segment about "The Last Hour of Trading " is the most important..Will MRVL be okay for tomorrow...also bought ZVUE at $7.00 Friday 500 shares.
My portfolio has increased greatly since last week...Don't want to give it back LOL. First to post
Pamfla

Sun Nov 26, 06:22:00 PM EST  
Anonymous Anonymous said...

Beanie,
Point being is : 1,0000 shares of MRVL at $20.80 takes away from my buying power...20,800 and 500
shares of ZVUE is good. Should I diversify to less money stocks or
HOLD MRVL and pray for $25.00 to $40.00 near future...Would like to take profits, a little anyway, soon
Thanks,
Pam

Sun Nov 26, 06:32:00 PM EST  
Anonymous Anonymous said...

Beanie,

I noticed there is ZVUE and ZVUEW. Both the same company, moving in the same direction with the same momentum and in sync. The only difference, one is half the price of the other. Why 2 Z's???

Sun Nov 26, 07:24:00 PM EST  
Blogger beanie11111 said...

anonymous,

ZVUEW is a 5-year warrant. A warrant is sort of a long term option.

Sun Nov 26, 10:37:00 PM EST  
Anonymous Anonymous said...

STX was just downgraded recently. I can buy this for a long term hold but could be a long wait.

Sun Nov 26, 10:38:00 PM EST  
Anonymous Anonymous said...

MRVL is a good play. Positive earnings growth but ZVUE is defintely very speculative, could possibly go sideways or lower- better play small!
MRVL is safer bet.

Sun Nov 26, 10:46:00 PM EST  
Anonymous Anonymous said...

Hi Beanie,
While I do think it is significant to download user-generated video to your portable player, I think google is very smart and will eventually do that w/ youtube (and make it profitable, I'm sure). I personally think that google is so dominant at what they do that there will be little room for another "youtube"...of course i could be wrong, thinking about getting some zvue. Think 1,000 shares is too much? (approx 30% of portfolio)
thx,
-mark "the rat"
also, google paid an insane amount for youtube simply because it's so POPULAR....and with that popularity comes the potential for profit....most people haven't even heard of zvue as far as I know.

Mon Nov 27, 07:50:00 AM EST  
Anonymous Anonymous said...

think this is bad for nyx stock?

http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20061127:MTFH79171_2006-11-27_11-42-40_L27581147&type=comktNews&rpc=44

-mark the rat

Mon Nov 27, 07:54:00 AM EST  
Anonymous Anonymous said...

INSANE...PNTR up like 9 bucks pre-market
-mark the rat

Mon Nov 27, 08:42:00 AM EST  
Anonymous Anonymous said...

YOU ARE SICK!!...THAnx 4 gettin me into PNTR on friday..got it at 15....Keep up the good work buddy. You are really helping other people feel good, Im sure pam feels the same way, ha.....Brett

Mon Nov 27, 09:14:00 AM EST  
Anonymous Anonymous said...

Brett, what you talkin about??

"beanie11111 said...oh, by the way, i aint playin PNTR"

Mon Nov 27, 09:38:00 AM EST  
Blogger beanie11111 said...

ok folks, let's get in PNTR (if you're not in early morning) on a dip preferably below 20

Mon Nov 27, 09:42:00 AM EST  
Blogger beanie11111 said...

The volume in PNTR is tremendous on 500k float. I also like the news this morning.

I think it will see 40.

I know i said i ain't playin it last week, but i'm feelin a bit greedy this morning.

Mon Nov 27, 09:43:00 AM EST  
Blogger beanie11111 said...

PNTR: best approach is to wait out the first 30 minutes before buying

Mon Nov 27, 09:45:00 AM EST  
Anonymous Anonymous said...

Beanie,

What are your thoughts on GRRF?

Mon Nov 27, 09:48:00 AM EST  
Blogger beanie11111 said...

hey, if you're scared of PNTR, you might want to wait till the last hour.

Mon Nov 27, 10:00:00 AM EST  
Blogger beanie11111 said...

anonymous,

GRRF not bad.

Mon Nov 27, 10:00:00 AM EST  
Anonymous Anonymous said...

Thanx Beanie.

Mon Nov 27, 10:04:00 AM EST  
Blogger beanie11111 said...

PNTR: A break of the hod is also entry.

Mon Nov 27, 10:19:00 AM EST  
Anonymous Anonymous said...

Beanie,
think it's time to dump nyx or think it's just down today w/ the market?
thx,
-mark the rat

Mon Nov 27, 10:23:00 AM EST  
Anonymous Anonymous said...

ZVUE is in huge free-fall now!!

Mon Nov 27, 10:29:00 AM EST  
Blogger beanie11111 said...

mark,

looks like we getting a correction this week. You might want to sell today and buy back later end of this week. See if we get a bounce later today to unload.

Mon Nov 27, 11:03:00 AM EST  
Blogger beanie11111 said...

mark,

it's safe to hold onto NYX. It's going to 200 next year.

Mon Nov 27, 11:10:00 AM EST  
Anonymous Anonymous said...

i'm praying for that, since i'm maxed out on margin on nyx
-mark the rat

Mon Nov 27, 11:24:00 AM EST  
Anonymous Anonymous said...

Gotta love RVBD with the market today.

Mon Nov 27, 11:28:00 AM EST  
Anonymous Anonymous said...

Stopped out of ZVUE and BRLC doesnt look 2 good today

Mon Nov 27, 11:29:00 AM EST  
Anonymous Anonymous said...

beanie...

looks like the market is all down... so i am not surprised, AAPL and ZVUE also down..

is this a good day to BUY AAPL? I understand today we got an upgrade to $110 price target. however, someone mentioned a Barron's article about the current price level

Mon Nov 27, 11:38:00 AM EST  
Anonymous Anonymous said...

beanie...

looks like the market is all down... so i am not surprised, AAPL and ZVUE also down..

is this a good day to BUY AAPL? I understand today we got an upgrade to $110 price target. however, someone mentioned a Barron's article about the current price level

Mon Nov 27, 11:38:00 AM EST  
Blogger TV107 said...

anyone know the news on CNLG?
up +133%

cant find it anywhere

Mon Nov 27, 11:41:00 AM EST  
Anonymous Anonymous said...

Hi Beanie!
Finally we go south this week
and maybe this week wanna be a painfull one.
What level of Dow could be a support?
Gignc

Mon Nov 27, 12:09:00 PM EST  
Blogger beanie11111 said...

wow, not even a decent bounce! oh boy oh boy.

Let's wait and see what happens tomorrow and later afternoon today.

Don't be too trigger happy to buy yet.

Mon Nov 27, 12:13:00 PM EST  
Blogger beanie11111 said...

ZVUE: i hope ya bought that big dip this morning to the mid 6.

Mon Nov 27, 01:00:00 PM EST  
Anonymous Anonymous said...

Beanie

is it time to buy pntr on the dip or should I wait?

thanks

Mon Nov 27, 01:06:00 PM EST  
Anonymous Anonymous said...

I bought ZVUE at 6.47 this morning! :-)

I was debating between that and PNTR at 21 but fortunately I read your warning about holding off on PNTR.

Thanks Beanie!!

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

Market looks very oversold now, unless we going to CRASH (on a November? )

Mon Nov 27, 01:14:00 PM EST  
Blogger beanie11111 said...

anonymous,

if you want PNTR, wait till it break above the hod , or wait till the last hour to see where it wants to go tomorrow.

Mon Nov 27, 01:15:00 PM EST  
Blogger beanie11111 said...

MED: i want you folks to buy this one for the intermediate to longer term play, if you got extra cash.

Mon Nov 27, 01:18:00 PM EST  
Anonymous Anonymous said...

Hi Beanie,
YIKES...Don't panic right? Your pumping new stocks and I'm in MRVL and ZVUE - Yo dude...Tomorrow will be better Yes or possibly the last hour....Holding on with these two stock...
Pamfla

Mon Nov 27, 01:29:00 PM EST  
Blogger beanie11111 said...

PNTR: i think it's a $50 stock. No reason for EFUT to be worth 150 million market cap and not PNTR.

wait till the last hour to see if it drops some more.

18.40 right now.

Mon Nov 27, 01:30:00 PM EST  
Blogger beanie11111 said...

Market should rally tomorrow, unless we headed for a crash is my opinion.

Mon Nov 27, 01:34:00 PM EST  
Blogger beanie11111 said...

i was just kiddin about the last statement..

sorry.. didnt mean to scare ya.


We really needed this consolidation to set up for the christmas rally.

Mon Nov 27, 01:38:00 PM EST  
Anonymous Anonymous said...

Beanster,
Tell me I'm okay with holdings please LOL
MRVL
ZVUE
Pamfla

Mon Nov 27, 01:40:00 PM EST  
Anonymous Anonymous said...

Where is the bottomon ZVUE?.Any game plan for PNTR

Mon Nov 27, 01:41:00 PM EST  
Blogger beanie11111 said...

pamfla,

don't worry about MRVL. It will head higher is my opinion.

When will that happen? (probably after you sell. lol. just kiddin)

Mon Nov 27, 01:43:00 PM EST  
Blogger beanie11111 said...

srini,

ZVUE should bottom around low to mid 6. Probably needs another day of consolidation.

PNTR: wait to see what happens to the stock the last hour. If it rallies, you dive in. If it sells off, you buy tomorrow.

Mon Nov 27, 01:45:00 PM EST  
Blogger beanie11111 said...

This week offers great bargain prices for stocks you like!

Mon Nov 27, 01:51:00 PM EST  
Blogger beanie11111 said...

PNTR: get in 1/2 position now

Mon Nov 27, 01:52:00 PM EST  
Anonymous Anonymous said...

http://finance.yahoo.com/marketupdate/overview?u

1:00 pm : Stocks can't get the motor into forward gear today as they are being pressured by selling interest that has been prominent since the start of trading. Strikingly, as the equity market's losses have mounted, the Treasury market's losses have been pared. To wit, the 10-year note was down 11 ticks before the stock market opened and is now up one tick with its yield at 4.54%. The performance of the Treasury market is anecdotal evidence that the dollar weakness excuse for the stock market's problems is being overplayed. If there were strong concern's about the dollar's performance, theTreasury market would be squarely on the defensive as well. In brief, the dollar's weakness is a convenient excuse to take some profits from the stock market.

Mon Nov 27, 01:53:00 PM EST  
Blogger beanie11111 said...

PNTR: I am now calling this a $50 stock.

1st target: 30
2nd target:40
3rd and final target: 50

Play small just in case i'm wrong.

Mon Nov 27, 01:54:00 PM EST  
Anonymous Anonymous said...

beanie,

ZVUE at 6.55.

get in now?

thanks

Mon Nov 27, 02:21:00 PM EST  
Anonymous Anonymous said...

PNTR bought in at 19.20 - The swings are wild

Mon Nov 27, 02:37:00 PM EST  
Anonymous Anonymous said...

Please comment about the current price of SAi and SMSi right now..What should i do about grow? bad day but its up....Brett

Mon Nov 27, 02:47:00 PM EST  
Anonymous Anonymous said...

picked up ZVUE at 6.64

hope it works beanie!!!!!!!!!!

thanks

Mon Nov 27, 02:57:00 PM EST  
Blogger beanie11111 said...

ok folks, we hardly have a bounce at all. That leads me to believe we're also going down tomorrow.

Don't buy anymore stocks until maybe late Wed or sometime on thursday.

Mon Nov 27, 03:10:00 PM EST  
Anonymous Anonymous said...

beanie

does that include pntr?

thanks

Mon Nov 27, 03:13:00 PM EST  
Anonymous Anonymous said...

Can we hold PNTR? Seems a little weak right now -

Mon Nov 27, 03:15:00 PM EST  
Blogger beanie11111 said...

I'm gettin the feeling we go down hard again tomorrow.

Mon Nov 27, 03:15:00 PM EST  
Anonymous Anonymous said...

YIKES, don't say that!

Mon Nov 27, 03:19:00 PM EST  
Blogger beanie11111 said...

geez louis, we hadn't had this kind of a selloff in months. I'm hoping we gap down tomorrow and rally some.

Mon Nov 27, 03:22:00 PM EST  
Blogger beanie11111 said...

anonymous,

SAI is a good stock. Short term oversold.

SMSI, it better hold that 50dayMA of 15.80 or it might drop another 2 bucks. But intermediate to longer term, it should make new highs.


GROW - overbought.

Mon Nov 27, 03:26:00 PM EST  
Anonymous Anonymous said...

Beanie,

Isn't LMRA supposed to have results out about the concurrent testing of its new nano technology this month?

Mon Nov 27, 03:27:00 PM EST  
Blogger beanie11111 said...

anonymous,

Regarding LMRA, yes this month but i think ceo said in their conference that results will be announced beginning of December.

Mon Nov 27, 03:31:00 PM EST  
Anonymous Anonymous said...

Hey Beanie,
should i hold on to PNTR, NYX and ZVUE? Should I set a stop? I dont want to get stopped out because of some random drop only to pick up in a week...... What do you suggest?
Got burned on ZVUE a lil earlier :( but I dont seem to learn :) back in!

-M

Mon Nov 27, 03:34:00 PM EST  
Anonymous Anonymous said...

Thanks on LMRA input.

Mon Nov 27, 03:36:00 PM EST  
Anonymous Anonymous said...

should i get in PNTR before market close?

thanks

Mon Nov 27, 03:41:00 PM EST  
Anonymous Anonymous said...

Beenie isnt who he says he is. That is a cover up name. I cracked it...I think he is really warren buffet that we are talking to.

Mon Nov 27, 03:43:00 PM EST  
Anonymous Anonymous said...

http://www.thestreet.com/video/cramermarketupdates/10324299.html

cramer said at 10 am that market would go up...ughhh

Mon Nov 27, 03:45:00 PM EST  
Blogger beanie11111 said...

PNTR: let's just keep that half position and not add the other half yet.

Mon Nov 27, 03:47:00 PM EST  
Blogger beanie11111 said...

-M,

NYX: too late to sell it if you didnt do so this morning. Hold it for the intermediate to longer term.


PNTR: daytraders ain't gonna feel like bidding this thing higher without a good market. I guess that fact that it's still green means that there are indeed interest in the stock.

ZVUE: consolidating. Decent support to low 6 to mid 6. There is a possibility it could get to the low 6.

Mon Nov 27, 03:54:00 PM EST  
Anonymous Anonymous said...

Beanie,
Hope there's a rally tomorrow...super down on HOLDINGS...:( DID nOT SELL LOL
MRVL ZVUE
Pamfla

Mon Nov 27, 03:57:00 PM EST  
Anonymous Anonymous said...

beanie

whats going on with cnlg? its up like %300 today.

thanks

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

Hey, what do you think about shorting brokarage stocks. I shorted LEH at the close. DO you think this was a good idea, or should i cover after hours before tomorrow.....Thanx..Brett

Mon Nov 27, 04:11:00 PM EST  
Anonymous Anonymous said...

To trade stocks, you shouldn't be unidirectional. Today was a great day for shorting (going in the other direction). I believe tomorrow will provide another opportunity for shorting. I hate to be out of market when there are such big moves.

Last few days, there have been some stocks mentioned here that went up huge, and when the trend reserves, dont be a hater, just follow it.

-Sal

Mon Nov 27, 04:18:00 PM EST  
Anonymous Anonymous said...

reserves/reverses/g

-Sal

Mon Nov 27, 04:21:00 PM EST  
Anonymous Anonymous said...

I think it's the usual after thanksgiving holiday sale- most people are just taking profit. Just like last year, after Thanksgiving, the market drops. Could be a good time to buy the dip, I did. Was able to buy RVBD at 31.02- from a low of 31 today. Maybe time to rethink our position? My holdings is diversified now, just lost only 4.6% today.

Mon Nov 27, 05:03:00 PM EST  
Anonymous Anonymous said...

Beanie,

MRVL is taking a dump in aftermarket crap...Your prediciting a crash tomorrow...
Do I HOLD...really have no choice after todays selloff...down alot of $$$$$$...BEANIE YIKES...
Pamfla
you always say sell after certain amount of loss..Is this the case? A little tooooooooooooo late
Pamfla
ZVUE MRVL

Mon Nov 27, 05:21:00 PM EST  
Anonymous Anonymous said...

Pamfla,
relax, it's only down a few more (like 5) cents....if it makes you feel any better, i'm maxed out on margin on NYX and lost over 3,000 today.....and it's not money i can afford to lose.
-mark the rat

Mon Nov 27, 05:25:00 PM EST  
Anonymous Anonymous said...

PNTR is still going up tomorow, buy the dip if possible. Just my gut feeling. Going up to 40 soon. JMHO.
Pam- if you can ride it out, it'll go up again in a few days to lessen your loss, if not sell now at highest price and move on- charge it to experience.
I recall even Beanie said a day or so ago- "market's overbought".

Mon Nov 27, 05:26:00 PM EST  
Anonymous Anonymous said...

beanie,
saw your post on the DAGM board...what do you think of that stock?
-mark the rat

Mon Nov 27, 05:55:00 PM EST  
Anonymous Anonymous said...

Hey Beanie,

Your stock pick has been astounding. I want to know what you think about RNIN - another low profile IPO? Will this run like EFUT? Thanks,

Mon Nov 27, 06:38:00 PM EST  
Anonymous Anonymous said...

PNTR very fun. So what's the hot setup for tomorrow after it goes over 22?
Do you think we hold and wait for larger gain?
Newby

Mon Nov 27, 08:04:00 PM EST  
Blogger JohnyWalker said...

What a day! Any info on CNLG ???

Mon Nov 27, 08:17:00 PM EST  
Blogger JohnyWalker said...

What a day. Any info on CNLG ???

Mon Nov 27, 08:18:00 PM EST  
Blogger beanie11111 said...

Mark,

holy cow, if you're on max margin (i totally don't recommend that), you needed to get out on any sign of trouble. Now you will start to understand why i hate margin.

No no no! No max margin!

Mon Nov 27, 08:39:00 PM EST  
Blogger beanie11111 said...

CNLG: i don't even want to comment on this turd, which has been around for years.

DAGM: no profits, not a hot sector. I ain't feelin THAT speculative. I'd stay away.

ZVUE: tomorrow's morning dip could be a really good buy for a daytrade.

AAPL: let's wait a few days before buying, if you don't own the stock.


------


You folks didn't think we gonna go up forever without some type of consolidation, did ya?

I don't usually give short picks because shorting can be dangerous, especially if you're short and the company gets acquired the next day! The market indexes are the places you want to short, as opposed to individual stocks. If you're thinking about shorting a stock, you're better off selling the stock you own and buy back later.

Mon Nov 27, 08:48:00 PM EST  
Anonymous Anonymous said...

yeah beanie,
tell me about it...i realize it was kinda stupid but i didn't figure on such a major correction in the entire market......the funny thing is that i was going to sell everything at the open...but then got greedy.....NYX down another 1.50...on 400 shrs that's another 600 down.....any advice/think i should dump it or try to hold it out?
-mark the rat

Mon Nov 27, 09:29:00 PM EST  
Anonymous Anonymous said...

Mark,
I am also down some on NYX (on margin like you). With reisistance at 95 maybe u can sell and re-enter? Looks like 95 is a definite now.....:(

Beanie,
For swing trades, do you think a package like Telechart is essential. I have around 10k in my tradng account and want to learn some more. If this is the case is it worthwhile investing 1k on Telechart every year?
What software package do u recommend if any?

-M

Mon Nov 27, 09:55:00 PM EST  
Anonymous Anonymous said...

M,
thanks....i dunno though, at this point, if i'm going to think of re-entering at 95, i might as well wait it out....but if you think it's going to 80, then that's another story.....
-mark the rat

Mon Nov 27, 10:01:00 PM EST  
Blogger beanie11111 said...

M,

You really don't need to use sophisticated software like the Telechart. Just use whatever your brokerage gives ya. They're all pretty decent. With 10k principle that you have, it is really not worth it to pay for software like that.

Mon Nov 27, 10:46:00 PM EST  
Blogger beanie11111 said...

Mark,

i find it hard to believe that NYX won't stay above 100 tomorrow. Next support is the 94-95 area. It should definately bounce there, unless there's a huge market selloff, like we had in May.

Mon Nov 27, 10:50:00 PM EST  
Anonymous Anonymous said...

PNTR is up above 20 in after hours trading. Hope it continues....

Mon Nov 27, 10:56:00 PM EST  
Anonymous Anonymous said...

hope you're right beanie.
thanks,
-mark the rat

Mon Nov 27, 10:58:00 PM EST  
Anonymous Anonymous said...

Beanie,
WOW...97 posts - Incredible, the trend seems to be pump and dumb. EFUT was the only stock that remained strong for 4 to 5 days.
Hopefully, all will be good tomorrow...ROCK ON BEANIE
Pamfla

Tue Nov 28, 12:57:00 AM EST  

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