RIMM to $300 by end of Sept?
RIMM is perhaps the strongest tech stock right now. If tech is perking up to take a stand, RIMM is the leader especially with a 3:1 split lurking in August.
I highly suggest you buy some Sept calls to take advantage of the pre or post split rally that i fully expect will happen with this stock.
$300 by Sept is my opinion.
I highly suggest you buy some Sept calls to take advantage of the pre or post split rally that i fully expect will happen with this stock.
$300 by Sept is my opinion.
posted by beanie11111 | 7:58 AM
86 Comments:
Don't be buying stocks this morning. We could end up lower today.
NYX:
It was a doji candle yesterday. What's the next support and resistence? Thanks, Beanie.
I'm getting a weird feeling we are going to see a big drop in the next couple weeks (temporary, although much like Feb).
Then we go for the next leg up...
for all the enthusiasm about harvesting sunlight, some of the most ardent experts and investors say that moving this energy source from niche to mainstream — (last year it provided less than 0.01 percent of the country’s electricity supply) — is unlikely without significant technological breakthroughs. And given the current scale of research in private and government laboratories, that is not expected to happen anytime soon.
Even a quarter century from now, says the Energy Department official in charge of renewable energy, solar power might account for, at best, 2 or 3 percent of the grid electricity in the United States.
Lots of hype driving price near term.
INDU 14148 to 14400 should mark a top and then at least a 10% pullback.
However by year end my models predict a 30 to 45% pullback in the SPX.
West
PT,
Good call on FCSX!
Wish I had bought some. Is it too late? Looking forward to your next rec.
aymon
I don’t see how we get any drop at all, if INTC misses by 3 cent today in after hours, that might hurt QQQQ but SPY and DIA .. there’s nothing there to hamper them......they just keep going up until I don’t even see an end right now...in the mean time buy RSH aug 25 call...buy now/.80/20..MVSN aug 22.5 call ... buy now. 80/20
zee
Beanie,
When do you sell your contracts, other then the 100% profit rule. Ie when is a run over? Be specific if possible.
Thank you
AT
30 to 45% pullback!!!!
What kind of model is that, sir!!
What are you looking at that everybody else is missing.
Kindly share.
The top 9 Solar stocks have a market cap of about $20 billion.
The top 5 Oil companies have a market cap of $1.5 trillion.
Solar sales are essentially meaningless now but expected to grow to 3%in 20 years.
If you assume the energy sector will grow at 3% over the next 20 years, the market cap of the big oil companies will be about $2.7 trillion.
If solar constitutes 3%, its market cap should be over $80 billion or roughly a fourfold increase in 20 years at a minimum.
Good Luck
I don't see much happening today (except perhaps more sellin later today). Action is slow. I'm taking off to run an errand.
See ya tomorrow!
AT,
You take 1/2 off (or sometimes 100% off):
- on over 100% gains, that's a given.
- if the chart looks toppy
- if you feel general market looks toppy
- if the stock goes up too much in the early morning. I take some off and then buy back when the rally cools off, as long as i feel there's more upside.
- sometimes i just do it on a whim because it feels good. lol
- certain times you get over 500-1000% gains, you need to sell everything and maybe use a little of that money to buy at a different (more out of the money) strike price.
hi AYm6n
FCSX is still cheap, load the 60$ august calls..MACD has just turned positive
http://stockcharts.com/h-sc/ui?s=fcsx
Its going to 70...
Other picks
CSUN - http://stockcharts.com/h-sc/ui?s=csun&p=D&b=5&g=0&id=0
Turning positive too...will go to
17$
STP...consolidating today on low volume after recent breakout...
NTRI - huge earnings anticipated, cup and handle forming, I expect 90$ after earnings and a stock split 2-1...
ISRG - breaking out, going to 180...
KYPH - i like too
DRYS again people!
Hello world..
This is good one , I m new member..
i ll catch ya later
short the homebuilders. cover on friday to avoid the short squeeze.
boy, was i wrong about the market today. lol
TRID might hold at 16.5 i’m buying the aug15 call 2.05
KSS i see aug 65 call at 3.20 /3.40 ...buy it ..
TSO on the watchlist...if down tomorrow will buy it...
AIZ...watch list at 50 = 100 to 1...at 52 now...which might be the new low...
$XBD...shows strain, so i might see BSC at 135/137 again...
CFC... looks good...look at MTB and FNM...not so bad...for mortgage banks...RATE holding too...
beanie11111 said...
Don't be buying stocks this morning. We could end up lower today.
beanie11111 said...
boy, was i wrong about the market today. lol
Tue Jul 17, 02:50:00 PM EDT
Not bad. S&P closed lower today.
INTC down in after hours 3.4%....so qqqq's won't be any good tomorrow...nor SMH...
zee
Beanie,
CSUN and SOLF ...waiting game???
Pamfl
I discovered a new trend you might want to know. Posted at stockpickr.com .
----
----
'A ridiculous trend that seems to be working:
When FastMoney connects with MadMoney and they
both like a stock the same day or 1 day apart,
the stock usually goes down short term. Be it
FCX, COP or YUM. The question is, did they
recommend INTC at the same time?
Theory is that by the time the two groups of
gurus connect it probably means the stock has
run up alot already and the euphoria is baked
in.
I want to be wrong so i don't use this trend
anymore. Good luck.'
-----
Turns out, INTC was recommended by both shows no
more than 1 day apart! lol
-----
are solars done or is it time to load?
thanks beanie!
anon,
the solars are short term overbought and needs to rest a little. The one that is not overbought is CSUN, but CSUN can't fly if the leaders are down. Just wait.
Futures falling down hard after hours
Dow down 80 points after hours.
Nasdaq down 15.
I have a solar question Beans.
What am im looking at wrong. I look at CSIQ compared to CSUN or SOLF and its growth to market cap looks better to me. I never here any of you talk about it. What am i missing. Thanks for the help.
UNREAL ACTION AFTER HOURS
My supposedly overnight position on a stock was covered 84 cents below its closing price
SPY was severly discounted in after hours
Trading Yahoo AH was nice as well.
anyone catch a short on that BS RIMM news spike on announcement of new phone to 233+ right after the bell?
anon,
CSIQ is not profitable while the other two are.
http://finance.yahoo.com/q/ks?s=CSIQ
CSIQ also grows slower than the other two in terms of revenues.
my goodness, bear news come out all at once tonite! lol
Beanie,
Have you been following BRLC? I've been buying on dips and have accumulated shares @5.28. It's been going up for the last 2 days because of increased estimates of 2007. I'd be glad to hear your thoughts. Thanks.
Im throwing out dow at 14,100 and SPY 156...
I think today was the high, this cycle...look at this....
INTC beat street 3 cent .. JNJ beat street 5 cent ... KO beat street 2 cents....MER beat street 22 cent ... Then all proceeded to go down....so the market fix is in....even if the company reports great earnings, it is still going to go down...These eps numbers usually push the the stock price up 10%...
zee
BSC...hedge funds sub-prime 3.2bil...worthless...down $5 in after hours...
Hop on HRBN tomorrow morning someone got scared today i believe it is a great bargain at low 14.00's will be back up to sixteen in a week..
oh yea earning i think are in two to three weeks then bam nice little run
elmyko1
sgv,
No i plan to stay away from BRLC for eternity. CEO is dishonest. Screwed investors twice on Cramer's Madmoney. I've never seen a ceo so outrightly dishonest.
ok folks, we got some serious bear attack on all fronts tonite - INTC and YHOO got blown out of the waters. Bear Sterns cuts some financial throats. Subprime talk is all the rage. On top of that, the market is also overextended.
It won't be pretty for the longs tomorrow morning. Keep your powder dry so we can scoop up some stocks if they get hit too hard.
Hey guys,
Anything we should be scooping up this morning? It's not as bad a down day as I (and the rest of us) had anticipated. Still could turn lower today though.. not ruling that out. Anything worth buying this morning on the dips that I'm not seeing?
i don't think i'll be buying anything today. We'll see.
Beanie - buy BRLC for long term. You wont regret it. CEO was stuck between a rock and a hard place. He is thinking long term. So much going for it, it seems to me. 2008 Olympics, China, Dell, ESPN. Think long term!
What Options are you looking at or buying right now?
Please all anon - POST A NAME AND EMAIL......if you want to go to the effort to post and have others consider what you post...be brave, include your name.
From a beaniee11111 reader
Ummm - can you say hypocrite!
why? are you going to e.mail them begging for what stocks to buy? do some work for yourself!
"hypocrite"
but I still meant what I said....
...a person would question your need for anon status......(nasty comments deleted here).
Yes, these anonymous comments are getting a little out of hand.
Sincerely,
Anonymous
stocks that seem to be bucking today's trend:
FCX
APA
COP
CPTC
The baron recommended pick on Wind Power is relatively strong too.
still too early to buy anything.
But for CPTC its better to wait till it corrects to 1.60
I agree. All the anon's posting without a name is just wrong! How are we supposed to know who you are hiding behind a nameless post on the web? Make it real and personal by putting a name with that post! Otherwise you are a coward.
hmm...I guess Gosu's DOW target of 12900 isn't going to materialize.
I think SPWR margins and GOOG earnings guidence will cause markets to sell off over the next week.Looking to buy CSUN around 11.Thanks for the the helpul insight everyone and this is jmho/
So market didnt like what Bernake said. Hmmmm...
A lot of people here..Arun, Beanie, West did foresee the drop here today.
Thanks!! I got the signal too..
gosu said...
Needless to say, I am being extra cautious in buying anything today.
No, its not because of Friday 13, I just think the market is "slightly" overbought.
Fri Jul 13, 10:15:00 AM EDT
Interactive broker:
Does it has web-base trading system like Etrade or Ameritrade?
oozze
WEB TRADER is Interactive Brokers web trading tool.
Gosu,
thks!
Is it better to sign up the bundle fee or the other one?
And, what market should be signing up for?
yes, sign up for bundled fees.
And for market data, sign up for the non-professional market data.
Anybody betting on how much market will fall down today.
Just for fun, lets say 250.
What do you guys say?
IB webtraders Stop loss just does not trigger. Their cust support on chat does not know anything either.
I almost lost it big on NTDOY because of this.
This drop is actually not that bad. It seems to be stabilizing. At worst , we get one more day.
I hate Ameritrade...
been having soo much problem this year login on to ameritrade.
What market data should i subsribe?
I know Nasdaq..how about for future or NYSE?
oozze
The bears brought out all their ginormous weapons of market destruction , but we not sinking like the Titanic.
This comment has been removed by the author.
I would say not more than 100 pts.
I would say not more than 100 pts
Beanie,
Do u think Solars have more down side or time to buy again. Or better to wait till SPWR results.
FSLR giving the bears the finger today!!
Stocky, look at the Solar action today, FSLR, TSL, SPWR, JASO, all up despite of the market down. I think they are ready to fly again. Well lets see what Beanie have to say.
PJC support at 47 thru 49..im buying the aug 50 call 2.00 and switch to sept 45 if decides to test 47...
Short CSX AT $51..target met
SHORT ABX at 34./35.target met
Short GFI at 17.8 ...looks toppy
Watching MEE, CCJ,CRR,LTR,FNM,LEH,MER,AMG,IOC,RSH,KSS
Zee
I cant believe my TRID aug15 calls didn’t get crushed
NAT gas report tomorrow might bring down NAT gas stocks (APA)...and UNG
stocky,
it's ok to nibble in some today. (I got some FSLR and i think it's going higher tomorrow.)
Remember that since FSLR is now the biggest solar stock in terms of market cap, you have to respect that it is the leader. So on down days when you don't know what stocks to buy, go buy FSLR!
APA:
when and if it takes out 88, get the freak on board!!!
beanie, what is your target for APA? Up big on a down day, pretty bullish sign. Thanks.
I see WFR at 56 / 57 im in
MVSN aug 22.5 at 3.00 / 3.10 looks good
RSH aug 1.75 / 1.80 at $32 / call = $3.00...bullish hammer bottom signal
Some Housing doesn’t look all that bad...so IYR might get going...watching SPG...WYN
zee
APA...then you might as well buy TSO..(Gasoline).too
beanie, do you still hold BIDU? down $8 today.
CPTC
Showing lot of strength.
Oh dear...we were no where near down 250 today gosu. You haven't been your usual stock guru self lately. Are you feeling alright man? Maybe you need a vacation?
yun,
i bought BIDU at 200 today. i think they severely oversold it today.
yun,
going w/ cramer on this one. 88 means it goes to 100 then 120
Beanie,
FSLR has a PE of 475 and Barron's think it's overvalued. It might be the biggest market cap to date for the industry but at 110, the price looks frothy.
i bought BIDU at 200 today. i think they severely oversold it today.
Not oversold. Over shook. Lost a lot of monkeys from the tree today so the gorillas could have more 'nanners for themselves.
Okay, I'll stop analogizing now.
Hey guess no one listened to me about HRBN 6% today told ya last night also told everyone a couple of days ago to hop on KSW at around 7.90 now at 8.36 also WWAT at about 1.90 now at 2.20. Sorry i figure i might gloat a little
ha ha
oh yea beanie your the man
elmyko1
Hi Beanie,
IS CSUN still a good buy at $12.48? Need to know...thank you,
Pamfla
pam,
yes, CSUN is a great buy. Had you ask me this morning when it was in the low 12, i would say to dive in .
anon,
Are you kiddin me? Since when is Barron's right about anything?
Microsoft was "overvalued" for 11-13 years, ever single year since 1990. Good fast growth companies will remain overvalued for the duration of their growth phase. Why? Wallstreet always pay up for growth.
FSLR:
the charts are saying it's short term overbought. We'll see how much Wallstreet likes it. No matter, i think it goes higher tomorrow.
superbowl thursday!
google earnings
good luck day trading it folks!
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