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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!

Monday, October 08, 2007

STV is the next BIDU!!!!!!!

STV closed at 39.50

I'm glad some of you got in with me at the low $30's before this low float monster took off.

I gave a $100 price target during the day and now it seems very possible.

The street.com gives it a go, and cramer tonite gave it a target of $60 (which really means that it will at least see $80).

http://www.thestreet.com/s/play-the-next-big-china-stock-with-these-ipos/newsanalysis/smooth-stock-picks/10383063_3.html


buy buy buy! And then buy some more!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

Sell some of your other laggards and buy STV. If you still like your laggards, then, later on, sell your profitable STV and buy back your laggards.

Super strong buy!!!!!!!!!!!!!!!!

164 Comments:

Anonymous Anonymous said...

Beanie,
Would you recommend that I dump my
remaining LDK and buy STV? If I sell my remaining 300 shares- I'd be losing some 2-3K; that is if the price keeps on falling.

Mon Oct 08, 09:23:00 PM EDT  
Blogger beanie11111 said...

sgv,

omg, you still holding LDK? Barrons slammed it pretty bloody and you rode it all the way down? Oh man. Wallstreet doesn't like scandals, especially CHINESE scandals. They will take these stocks down into pennyland if they could. Look at Bodisen Pharmaceuticals. You remember that one?

Yes, you sell LDK and you buy STV. Period. End of story.

Other solars you keep but i don't want you guys into scandal stocks, especially Chinese. The SEC can kick their arses out into the pinksheets if they wanted to.

Hopefully you will get back all your losses from LDK when STV hits $70.

Mon Oct 08, 09:31:00 PM EDT  
Blogger beanie11111 said...

From now on, any smell of a scandal for any company, you bail and you bail quick. No questions asked. You don't touch it with a 15-foot pole until it GETS RESOLVED FIRST. You can short it if you want, but you definately don't want to be long, or you'll be longing for the pain to stop.

Mon Oct 08, 09:33:00 PM EDT  
Blogger beanie11111 said...

Every trader and his daddy is probably shorting LDK

Mon Oct 08, 09:37:00 PM EDT  
Blogger Arun said...

Beanie. thanks for the STV nod.

Noticed it was up another $4~ AH. I was out the whole day and was also pleasantly surprised about the FSLR come back late in the day.

Mon Oct 08, 09:41:00 PM EDT  
Anonymous Anonymous said...

Beanie,
How about buying more YGE? It's now below 28 AH.

Mon Oct 08, 09:45:00 PM EDT  
Blogger beanie11111 said...

sgv,

I think you should take 1/2 off because the stock is short term overbought and it can't seem to take out 30-32 or even stay above 30. LDK makes matter worst, because this stock is scarying everybody to sell the chinese solars.

Just take 1/2 off and you will sleep alot better at nite. You can't lose, assuming you bought at 23 or so.

Mon Oct 08, 09:52:00 PM EDT  
Blogger beanie11111 said...

The tide has turned for solars (thanks to LDK) and they're due for a small correction before resumption of the bull run.

Mon Oct 08, 09:53:00 PM EDT  
Blogger beanie11111 said...

Stay away from people who eat animals/fish that are still alive. You know, they fry a portion of the fish and they eat it while the fish is still moving around suffering. It is very cruel. Animals DO feel pain.

I saw that on Youtube today and feel sick to my stomach.

Bad karma.

Mon Oct 08, 09:58:00 PM EDT  
Anonymous Anonymous said...

WTF beanie!

First you hype the Chinese Solars. Now you dog the people.

Hate the people, then stay out of their market. Not only will they eat the live fish, they will eat your dog as well.

Want good karma, invest in socially repsonsible companies.

Mon Oct 08, 10:40:00 PM EDT  
Blogger beanie11111 said...

fortune,

Geez louise, very few chinese people i know actually eat LIVE fish. Those that do, stay the hell away from them cruel arrogant arseholes.

Mon Oct 08, 10:44:00 PM EDT  
Blogger beanie11111 said...

Dog-eating is ok in my book. Just kill it first before eating it. Don't leave it half way alive and suffering, while you're chewing it down.

Mon Oct 08, 10:47:00 PM EDT  
Blogger StocksWalayBaba said...

JAKK may move a lot tomorrow, thanks, Cramer.

Mon Oct 08, 10:51:00 PM EDT  
Blogger Mihir said...

Thanks Beanie. Bought 40 shares of STV at $39.49 and due to some bad memories of August :) sold 20 at $37.95.

Stupid me. But still holding 20 which I am hoping will help me. Thanks again.

Mon Oct 08, 11:20:00 PM EDT  
Blogger Mihir said...

Beanie,

HANS closed at $64.13. Do you think it will still go up? Should I sell it off?

Mon Oct 08, 11:22:00 PM EDT  
Blogger beanie11111 said...

mpatel,

Throwing away the next Coke??

If you can hold it, then hold it. You will be very rewarded in 10 years.

Mon Oct 08, 11:25:00 PM EDT  
Blogger moo said...

Beanie,

I see YUM with further upside to $50. Do you concur?

Mon Oct 08, 11:35:00 PM EDT  
Blogger beanie11111 said...

peter,

It could get there but very slowly. Took the stock nearly 3 years to double.

Mon Oct 08, 11:38:00 PM EDT  
Anonymous Anonymous said...

eating live fish is crude??....man, i should stop. No wonder i've been having all these bad trades lately. How about raw oyster? Does Oyster feel pain? I do know a lot of non-Chinese eat oyster.....and they are very good traders....

Mon Oct 08, 11:41:00 PM EDT  
Blogger beanie11111 said...

Please don't eat fish like this:
http://youtube.com/watch?v=2YC7EoPO1wg&mode=related&search=

Have some compassion by killing it first.

Mon Oct 08, 11:48:00 PM EDT  
Blogger beanie11111 said...

This comes with bad karma.

http://youtube.com/watch?v=gW-b0ytMW2M&mode=related&search=

Mon Oct 08, 11:50:00 PM EDT  
Blogger moo said...

Beanie,

How quickly do you see NYX possibly rising?

Mon Oct 08, 11:51:00 PM EDT  
Blogger beanie11111 said...

peter,

NYX should be trading north of 100 by year end.

Mon Oct 08, 11:57:00 PM EDT  
Anonymous Anonymous said...

Beanie,
I still have 16 share of Hans @ 28 I bought last year. I was trying to buy more but I kept on under bidding and gave up. Is it still worth buying at these price?

Tue Oct 09, 12:03:00 AM EDT  
Blogger jet said...

I dont think the fish is still alive, just muscle spasm, but I do agree, its just bad karma..., eating dogs is okay in my book, pigs are actually smarter than dogs, they cry before they are taken to be butchered. Men are on top of the food chain, they are allowed to eat anything, they domesticated dogs, but dogs used to be wolves... which actually eat men. And the dogs that chinese people eat, they are not the expensive dogs you guys pet.., they are actually closer to wolves. Have you guys seen Faces of Death, people (Westerners) eat monkey brains when the monkey is still alive (in a cage in the middle of the table), now thats cruel, thats bad karma

Tue Oct 09, 12:06:00 AM EDT  
Blogger vonpinscher said...

great day again -- looks like i'll sell 1/2 YGE and buy STV in am --beanie is the greatest -- what i really like about beanie's blog is the fast pace these days -- my stockbroker mades yearly trades of boring companies and beanie seem to always know the latest trend and ways to make $$ quickly -- i look forward to each day here
thank you very much beanie

Tue Oct 09, 12:07:00 AM EDT  
Blogger vonpinscher said...

these are some very weird conversations of eating live things??? hope i make enough money to feed myself cooked foods always!!!

Tue Oct 09, 12:14:00 AM EDT  
Anonymous Anonymous said...

BEANNIE

U DA PUMP N DUMP MAN

YESIREEEE

last week u pumped LDK

now u say dump it

of course this is after it had crashed 12 points......

thanks a bunch

Tue Oct 09, 12:16:00 AM EDT  
Anonymous Anonymous said...

beanie,

I apologize for going off at you.

You think eating monkey brains is bad. I hear they eat embryos.

Tue Oct 09, 12:28:00 AM EDT  
Blogger Arun said...

Beanie didnt see the whole LDK debacle coming anon... He's not going to stick with a stock if he sees it going south. Last week is very different than this week.

Tue Oct 09, 12:37:00 AM EDT  
Blogger vonpinscher said...

the rhyme guy needs to know that beanie did not pump and dump ldk --ldk got hit by barrons is all beanie is only trying to help those of us who are still stuck holding!!

Tue Oct 09, 12:39:00 AM EDT  
Blogger zstock7.com said...

LDK,
i still think it gets to $51, but i'll wait for some price stability...

YGE, is a winner anytime it's under $30
Yahoo YGE target price ( laughable) is $93...AND YET,
YGE has a forward EPS = 100% year to year growth, fastest of all the solars...

Tue Oct 09, 01:01:00 AM EDT  
Blogger zstock7.com said...

Gary said...

Flyingwabbit,
Cot is still long. If you want a detailed report sign up over at the SMT.

http://lauristonletter.blogspot.com/

Tue Oct 09, 01:14:00 AM EDT  
Blogger zstock7.com said...

i think you should line up some retail stocks to buy / execute thurs, ahead of FRI retail report ... at +0.5%, thats HOT HOT HOT!!!!
XZ-797

Tue Oct 09, 01:17:00 AM EDT  
Blogger beanie11111 said...

CRM:

The next Oracle. Remember this one? Ready to rock n roll.

Tue Oct 09, 02:42:00 AM EDT  
Blogger beanie11111 said...

LDK:

Everybody is short this stock. So if ya gonna play, go short or buy puts.
http://www.thestreet.com/s/fast-money-recap-lots-of-options/newsanalysis/stockpickr/10383442_4.html

I think he meant "done" as in the stock is finito, goodbye, sayonara, kaput, pinksheeto(?)....

Tue Oct 09, 03:38:00 AM EDT  
Blogger beanie11111 said...

I ain't touchin LDK either way.

Good luck.

Tue Oct 09, 03:47:00 AM EDT  
Anonymous Anonymous said...

Man that other anon dude is making this anon look bad.

Beanie, ignore them.

I still think you da best.

Beanie is my daddy!

Tue Oct 09, 06:36:00 AM EDT  
Anonymous Anonymous said...

Beanie1111-
I want to thank you for creating this post. I was in the USAF and then after my time was up have been working in the corporate world for 4 years. I did what most of us do when we leave the military and started putting my money with a broker, I know stupid. Well, make a long story short I opened a sharebuilder account and put $400 a month in it (that is all I can afford right now) and let it build up. I did a lot of research and bought VMW the day they went public. I read a lot on the boards and found your blog and read every single thing you posted.
Well last night I did my research like you say to do on STV and THANKS! I have an open order this morning.
My sharebuilder account won't let me trade penny stock but I really like your idea on Solar.
Again thanks for creating this for people like me.
Thomas - Atlanta, GA.

Tue Oct 09, 07:33:00 AM EDT  
Anonymous Anonymous said...

Re: PRGN, thanks Gosu for telling us about that gem. I wouldn't mind a few more days like yesterday. :)

Sorry about the Phils. I know how you feel. My Angels got swept also. Well, at least the Yankees got eliminated.

Tue Oct 09, 08:29:00 AM EDT  
Blogger beanie11111 said...

i took some profits on STV. Too good to resist.

Tue Oct 09, 08:34:00 AM EDT  
Blogger Arun said...

wow guys. today is looking good so far.

ABAT--->now GBT, up over $1.

STV---> up 10 pre market

FSLR, AAPL, VMW up over $1 PM

Tue Oct 09, 08:36:00 AM EDT  
Anonymous Anonymous said...

Beanie,
STV is now around 48, still a good buy at this price short term?

Tue Oct 09, 08:36:00 AM EDT  
Blogger beanie11111 said...

thomas,

good job! May you be successful in this endeavor. I give alot of stock picks and it's really up to you folks to decide which ones are keepers, and which ones are quick trades.

VMW is a great keeper.

Tue Oct 09, 08:37:00 AM EDT  
Blogger beanie11111 said...

sgv,

i would not buy premarket on this huge gap up. Wait for it to come in some.

Normally i would let it trade for the first 30 minutes after open and see where the high is. I would then buy in if after the first 30 minutes a new high is made.

Tue Oct 09, 08:38:00 AM EDT  
Anonymous Anonymous said...

Holy Molly!!
LDK is now 43 and up!!!!

Tue Oct 09, 08:47:00 AM EDT  
Anonymous Anonymous said...

Great call on LDK Beanie, now up $5. I believe they call it whipsawed!!!

Tue Oct 09, 08:54:00 AM EDT  
Anonymous Anonymous said...

Follow Beanie and lose your arse. No discipline whatsoever. Chases, panics, unbelievable.

Tue Oct 09, 08:56:00 AM EDT  
Blogger TV107 said...

sold out 70% of my shares at the top right at 44..perfect timing

holding onto 30% for a further rise

Tue Oct 09, 08:59:00 AM EDT  
Blogger vonpinscher said...

looks like LDK is doing quite well today maybe cancel plans to abandon????/

Tue Oct 09, 09:00:00 AM EDT  
Blogger Mihir said...

What you folks think of AAPL? It is $170 in pre-market, should I sell 1/2 off my position? I have 20 shares. OR forget about it and let it grow? Thanks.

Tue Oct 09, 09:00:00 AM EDT  
Blogger beanie11111 said...

LDK fights back but i would still not buy this stock until the mess is resolved completely.

I would turn to other solars like FSLR which is making new highs, YGE, TSL, etc.

Tue Oct 09, 09:02:00 AM EDT  
Blogger TV107 said...

that LDK spike just saved my month

i was out of the money so many shares

Tue Oct 09, 09:02:00 AM EDT  
Anonymous Anonymous said...

hey beanie

ABAT...now gbt...
still going to 15$
i loaded more at 9
thsnks

Tue Oct 09, 09:04:00 AM EDT  
Anonymous Anonymous said...

LDK raises guidence to the HUGE side! Beanie this is going to 55 today! Like it or not its a great trade.

Tue Oct 09, 09:06:00 AM EDT  
Blogger vonpinscher said...

NOW IT LOOKS LIKE EVERYBODY AND HIS BROTHER BOUGHT LDK BACK!!!

Tue Oct 09, 09:06:00 AM EDT  
Blogger beanie11111 said...

If you still got LDK, sell it and buy STV . This is probably the best advice i can give you today.

Tue Oct 09, 09:11:00 AM EDT  
Blogger beanie11111 said...

Now LDK and STV is similarly priced. It's a trade that is very worth it.

Switch out of LDK and switch into STV>

Tue Oct 09, 09:13:00 AM EDT  
Blogger beanie11111 said...

YOu were already told to make the switch yesterday when the price of LDK was much higher than STV.

This is your second and only chance to make the switch, is what i think.

Tue Oct 09, 09:14:00 AM EDT  
Blogger TV107 said...

ldk may go to 50 but i cant take the trauma anymore

to being thousands out of the money short 2-3 weeks ago, to being thousands out of the money long....before recoveringand making some dough...its just not worth it anymore

i just dumped it all in high 43-44 level

good luck all longs

id rather see u win (in this fight)

Tue Oct 09, 09:15:00 AM EDT  
Blogger beanie11111 said...

STV could go up 17 dollars (or more) today, but i doubt LDK can outleap STV.

Tue Oct 09, 09:17:00 AM EDT  
Blogger beanie11111 said...

If something bad happens to LDK, you cannot say i didn't lend you a helping hand. I don't know whether LDK will go higher from $44 but i do know that many traders will not hold a scandal stock for very long.

By all metrics, STV has much more upside due to growth and the float, even though LDK is in a better sector.

It's really up to you. For all i know, i can be completely wrong about LDK and end up squeezing tail between my legs.

Tue Oct 09, 09:21:00 AM EDT  
Anonymous Anonymous said...

beanie

abat *(gbt)

time to move out?

Tue Oct 09, 09:32:00 AM EDT  
Blogger beanie11111 said...

Watch for 15 on CRDC

Tue Oct 09, 09:42:00 AM EDT  
Blogger Arun said...

GBT worries me too.. Might close out for a still nice gain.

Tue Oct 09, 09:43:00 AM EDT  
Anonymous Anonymous said...

Look guys, LDK have a new high @ 46.10! I am holding on to my 300 shares for now- at least for a few more days. Even YGE is going up at 30.20 a new day high.

Tue Oct 09, 09:44:00 AM EDT  
Anonymous Anonymous said...

Bulls make money.
Bears make money.
Pigs get slaughter!

Tue Oct 09, 09:47:00 AM EDT  
Blogger TV107 said...

that is a SICK SICK MOVE on STV

Tue Oct 09, 09:48:00 AM EDT  
Anonymous Anonymous said...

CRDC looking real good here

Tue Oct 09, 09:48:00 AM EDT  
Blogger beanie11111 said...

GBT:
You can sell 1/2 or the whole thing. But longer term it's going higher. Depends on your timeframe and whether you like immediate gratification.

Tue Oct 09, 09:50:00 AM EDT  
Anonymous Anonymous said...

A stock that drops 50% will need to rise 100% just to be even.

That is why you protect your loss.

I agree with Beanie this time.

Tue Oct 09, 09:51:00 AM EDT  
Blogger beanie11111 said...

GOOG is on a tear to 700. No doubts.

Tue Oct 09, 09:52:00 AM EDT  
Blogger beanie11111 said...

Bears are being trampled all over. Yikes. Tim should should down his blog until 2011.

Tue Oct 09, 09:53:00 AM EDT  
Blogger beanie11111 said...

Would you believe it if i tell you that STV could close up 25 points or more??

Tue Oct 09, 09:55:00 AM EDT  
Anonymous Anonymous said...

no

Tue Oct 09, 09:58:00 AM EDT  
Anonymous Anonymous said...

beanie,

Dam! Now I would love for STV to go up 25 points more, but what is your logic for the claim.

BTW, you were right about VMW@91.

Tue Oct 09, 09:59:00 AM EDT  
Anonymous Anonymous said...

STV is now around 53, too rich for me to touch. I got LDK @43, I'll take my chance sell it higher than 44. Any I still have AAPL and Yge still going strong.

Tue Oct 09, 10:00:00 AM EDT  
Anonymous Anonymous said...

GTEC is going to move and big. Chinese pharma with earnings selling for $0.33. If you don't own it you should.

Tue Oct 09, 10:05:00 AM EDT  
Blogger Unknown said...

GBT now back up 40 cents. Perhaps just a shakedown and going higher today?

There has to be profit taking in STV sometime.

Tue Oct 09, 10:07:00 AM EDT  
Blogger Unknown said...

DRYS up over $6! EXM up almost $3! WOW! GET IN ON THE DRY BULK SHIPPERS (DRYS, EXM, DSX)

Tue Oct 09, 10:09:00 AM EDT  
Anonymous Anonymous said...

GRRF the next chinese to run

Tue Oct 09, 10:18:00 AM EDT  
Blogger beanie11111 said...

I hope you all already made the switch from LDK to STV. The distance between the two is increasing....soon to be exponentially?

Tue Oct 09, 10:40:00 AM EDT  
Anonymous Anonymous said...

beanie

what about gbt?
u forgot about it now thats it is seeing red?

Tue Oct 09, 10:49:00 AM EDT  
Anonymous Anonymous said...

Did I tell you guys 44 was the support, then 34.

Now, 44 looks like the resistance.

Lots of money to be make trading this stock.

Go STV!!!

Tue Oct 09, 10:56:00 AM EDT  
Blogger beanie11111 said...

anon,

I already posted about GBT.

Tue Oct 09, 11:01:00 AM EDT  
Blogger beanie11111 said...

I got no doubts STV will see 60 today

Tue Oct 09, 11:02:00 AM EDT  
Anonymous Anonymous said...

beannie

why does STV see 60?

what is so good about this company?

can you provide details?
specifics?

or is it just momentum?

Tue Oct 09, 11:14:00 AM EDT  
Blogger Abdul said...

Beanie ..

I know u are busy counting beanz from STV, congrats !!
btw..I got in MOS last night for earnings, looks good today, I think this is a longterm hod,, would you agree?

Tue Oct 09, 11:26:00 AM EDT  
Blogger beanie11111 said...

I'm looking at the chart for the QQQQ and it appears we are very overbought in the immediate term. Likely we will either get a down day today, if not, then tomorrow.

Just be aware.

Tue Oct 09, 11:31:00 AM EDT  
Blogger beanie11111 said...

anon,

STV may or may not see 60 today based on what i just said about the QQQQ.

But definately, the stock belongs in the above $100 category. It essentially has no competition in China and it is similar to the DISH we have here in the US. DISH currently trades at 22 billion market cap. I give STV maybe $5 billion market cap just for starters. That means $80 for STV.

Right now, it is definately trading on momentum and needs a consolidation phase before moving higher.

Tue Oct 09, 11:35:00 AM EDT  
Blogger beanie11111 said...

Remember that here DISH has alot of competition, from DTV and Comcast Cable. STV virtually has none.

Tue Oct 09, 11:36:00 AM EDT  
Anonymous Anonymous said...

but satellite tv is extremely restricted in china. means they will not have big market. my opinion.

li

Tue Oct 09, 11:40:00 AM EDT  
Anonymous Anonymous said...

The market may go up or down today. Don't tell me you were not warned.

Tue Oct 09, 11:50:00 AM EDT  
Anonymous Anonymous said...

STV- Thanks again Beanie. People is too bullish on GOOG lately. It's about time I take my profit. Sold all GOOG, RIMM, AAPL, and MA. These four I bought when market sold off in mid Aug. Pamfla

Tue Oct 09, 12:04:00 PM EDT  
Anonymous Anonymous said...

Alas, I waited too long, and it seems a bit too late to jump into STV. Beanie, what would be a good entry point? Also, I've been sticking with an old pick of yours- GMKT. I originally bought in at 24, held as it tanked to 14 (bought more), and it's now back up to 26. Where do you see this one going? I'm tempted to take some profit off the table. thank you

Tue Oct 09, 12:08:00 PM EDT  
Blogger beanie11111 said...

ALTI is definately the stock to watch for the next several years.

Tue Oct 09, 12:08:00 PM EDT  
Blogger beanie11111 said...

neil,

take 1/2 off. If you have to wait for a long time to see things happen, it usually means there are better deals somewhere else.

Tue Oct 09, 12:10:00 PM EDT  
Anonymous Anonymous said...

CSUN NEWS !!!!!!!!

http://biz.yahoo.com/prnews/071009/cntu027.html?.v=8

and FLYING TO SKY.... bohaaa.

$15 anytime now.

Tue Oct 09, 12:14:00 PM EDT  
Blogger Mihir said...

What happen to CSUN? Jumped 18%.

Tue Oct 09, 12:15:00 PM EDT  
Anonymous Anonymous said...

CCUR has China deal i think it's STV sympathy play http://ccur.com/corp_news_pressrelease.asp?pressreleaseid=446

Tue Oct 09, 12:24:00 PM EDT  
Blogger beanie11111 said...

GRMN has been amazing of late

Tue Oct 09, 12:31:00 PM EDT  
Blogger overseas said...

bought STY yesterday 29 and sold today 49 ,Bought YGI today 29.15 , will it go up Beinii.Also bought 1000 RCH today 17.45 super low float, new IPO from few days ago.Also bought 2000 of ABAT yesterday , already down,today ticker has changed to GBT as moved from OTBC

Tue Oct 09, 01:03:00 PM EDT  
Blogger Arun said...

beanie,
STV thoughts? Its fallen quite a bit from this morning's highs. Going lower?

Tue Oct 09, 01:21:00 PM EDT  
Anonymous Anonymous said...

I think STV for now is showing fatigue- day-traders cashing in their profit at every opportunity, hence the roller-coaster ride albeit shallow rise and fall.

Tue Oct 09, 01:39:00 PM EDT  
Blogger beanie11111 said...

CSUN slated to go higher. Nice sweet volume. This could be the time for CSUN.

Tue Oct 09, 01:54:00 PM EDT  
Blogger beanie11111 said...

VMW wants 100 and it will get it

Tue Oct 09, 02:03:00 PM EDT  
Blogger beanie11111 said...

VMW = stock of 2008

Tue Oct 09, 02:04:00 PM EDT  
Blogger Arun said...

Got in VMW at $68. Will sell end of next year.

Tue Oct 09, 02:07:00 PM EDT  
Blogger beanie11111 said...

VMW!!!!!

whoo hoo

Tue Oct 09, 02:31:00 PM EDT  
Blogger zstock7.com said...

Anon , why STV can reach $60
China is only in it’s second year of a bull run....
Most bull runs last 4 years
China already up 600%, and the pundits are saying up 2000%...by 2009...

Tue Oct 09, 02:31:00 PM EDT  
Blogger Arun said...

congrats VMW longs!! We hit par for a second! 100.00!

Tue Oct 09, 02:33:00 PM EDT  
Blogger zstock7.com said...

I guess FOMC minutes said something positive
QQQQ going up fast

Tue Oct 09, 02:33:00 PM EDT  
Anonymous Anonymous said...

Way too many bullshiters here.

Who gives a rat's ass that you bought a stock yesterday for 29 and sold it today for 49.

What good does that do anyone?

If you want to be believable, then sign up for covestor.

Tue Oct 09, 02:45:00 PM EDT  
Anonymous Anonymous said...

beanie,

So is STV a good buy right now.

Tue Oct 09, 02:47:00 PM EDT  
Blogger Arun said...

Fortune,
or on second hand you could just not read the messages people post?

Tue Oct 09, 02:47:00 PM EDT  
Blogger Unknown said...

Beanie,

GBT/ABAT down 1.5....buy it now??

oozze

Tue Oct 09, 02:48:00 PM EDT  
Blogger zstock7.com said...

I’m short CAL at 37.5 = 200 day.. NOV 40P 4.10
higher jet fuel , estimate tomorrow

Tue Oct 09, 02:48:00 PM EDT  
Blogger zstock7.com said...

DOW 14,280, that's the highest possible. after that it's short short short

Tue Oct 09, 02:51:00 PM EDT  
Blogger beanie11111 said...

Shorts now absolutely demoralized. Ouch! :)

Tue Oct 09, 02:53:00 PM EDT  
Blogger beanie11111 said...

yes, whoever asked, it's time to get in STV now and on all dips.

Tue Oct 09, 02:56:00 PM EDT  
Blogger TV107 said...

shorting the dryshipping here
too much of an up move here

should pull back tomorrow

Tue Oct 09, 02:56:00 PM EDT  
Blogger beanie11111 said...

The 48-50 area should hold for STV.

Going to 100

Tue Oct 09, 02:56:00 PM EDT  
Anonymous Anonymous said...

Beanie,

visiting Solar that you had suggested earlier. Can you rank your likes?

YGE, FSLR, TSL, CSUN, SPWR...

I guess it will help everyone who bought bunch before LDK era. Thanks.

Tue Oct 09, 03:04:00 PM EDT  
Blogger zstock7.com said...

TV, thats cool
you're on the same page
short transports

also
WFMI, showing weakness, i think it is through, time to be on the short sell side...
Look for a 11% correction..soon...
Plus two red candles, is a great short signal...

Tue Oct 09, 03:07:00 PM EDT  
Blogger zstock7.com said...

beannie,

Z shorts aren’t demoralized,
37 and 2 on shorts, past 30 days,
but i do have to get in and out fast....Whoa....
shorting at 200 day, has been a real help, this go around

Tue Oct 09, 03:14:00 PM EDT  
Blogger beanie11111 said...

Admittedly, i am very impressed with LDK's action.

Tue Oct 09, 03:15:00 PM EDT  
Blogger beanie11111 said...

anon,

My favorites are (in descending order):

FSLR
SPWR
STP
LDK (if there was no scandal)
TSL
YGE
ASTI
CSUN

Tue Oct 09, 03:17:00 PM EDT  
Anonymous Anonymous said...

CHL heading to 90 here.

Tue Oct 09, 03:24:00 PM EDT  
Blogger beanie11111 said...

Are we in a bubble?

You mama is still afraid of the markets. So there's absolutely no bubble yet. When your own family gets itchy for a ride on hot stocks, then it's time to short (1 year after they come in). WE ARE NOWHERE NEAR THAT SCENERIO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

All you have to do is look to your own family. It is better than bear charts, Cramer, or COT.

Right? All bubbles occur when most of your family members want to buy stocks. It's been true throughout history. It's been true in the Tulip Era and it's been true in 1929, and it is true in 2000. Inevitable truth. Why is it so hard for permabears to understand this?

Tue Oct 09, 03:29:00 PM EDT  
Blogger Unknown said...

TV107:

You can say that you are shorting the dry shippers, but get ready to lose your ass. Do you even know anything about the dry shipping market? Do you know what BDI is? Do you know about ship expiration and higher contracts? Do you know about the supply and demand for products to be shipped v.s. vessel demand? The answer to all those is probably, no. You seem like the type that sees a run in a certain sector and shorts it because it has run. Problem with that is forward guidance and P/E.

For example, DRYS has run all the way up to $114 now and has a P/E of 18!!!! That is huge! DRYS is up right now $9.41 (8.96%), broke a 52 week high for the 3rd consecutive day, on volume that is 5 times that of the 3 month average. Does that seem bearish to you? Short all you want, but what a mistake it would be.

DRYS, EXM and DSX are all BUYS! DRYS $130-%150 after 3Q earnings. $200 after Q1.

Tue Oct 09, 03:34:00 PM EDT  
Blogger TV107 said...

this is light volume insanity

could collapse in last 20 minutes

Tue Oct 09, 03:42:00 PM EDT  
Blogger TV107 said...

i know what the BDI is

most likely they will keep going higher but i see a one day pullback

im shorting into the close and probably overnight

will close out my shorts that im acculumating by tomorrow at latest

Tue Oct 09, 03:44:00 PM EDT  
Anonymous Anonymous said...

Jason, TV has been trying to short DRYS since before 100. If he want to keep getting his hand burnt then let him, you can't make a child stop touching a hot stove. They HAVE to LEARN for themselves!

Tim

Tue Oct 09, 03:44:00 PM EDT  
Blogger TV107 said...

i made a nice amoutn shorting heavily drys 111.5-112 this morning and covering below 110

115 will not be broken on drys until we see a pullback to 112

Tue Oct 09, 03:49:00 PM EDT  
Blogger TV107 said...

and that drys short at 100 was great because u had a downgrade...it traded down to 91 or so before getting 2 upgrades

Tue Oct 09, 03:49:00 PM EDT  
Anonymous Anonymous said...

Oh man, you timed those short perfectly TV. Amazing how you always seem to do that and post about it after the fact.....

Regardless, you're on the wrong side of the trade buddy!

Tim

Tue Oct 09, 03:53:00 PM EDT  
Blogger TV107 said...

well they could close them all strong because of the way the market was but added a bit more and may give it a 2 day short timetable

Tue Oct 09, 04:01:00 PM EDT  
Blogger beanie11111 said...

Have a great day!!!
See ya tomorrow.

Tue Oct 09, 04:03:00 PM EDT  
Anonymous Anonymous said...

Beanie,
I had already had a great day!!LOL Thanks for all your help. Good luck for tomorrow's trade! I got all my money back on LDK and a little bit more!

Tue Oct 09, 04:26:00 PM EDT  
Blogger Unknown said...

TV107:

Why do you feel obligated to short a stock for a point or two when you could have been long and have been along for the ride from $60 (in July) to $115 (today). Why take on that extreme risk (shorting) when even as the stock has doubled the P/E has only risen from 12 to 18. Seems like unnecessary risk to me.

Sure DRYS will be subject to profit taking, but why try to time it? Go long and sleep easy.

Tue Oct 09, 04:31:00 PM EDT  
Blogger zstock7.com said...

IE7 browser, is leaving out the last 32 comments on beannies
whereas firefox
is current at 140
that's strange?
zee
DRYS hmmm...

Tue Oct 09, 04:58:00 PM EDT  
Blogger Arun said...

Beanie,
Thoughts on FSLR's wild movements today? Up until the last half hour it was up about $2, then closed negative. Take some off the table? Im in since 110.

Tue Oct 09, 04:59:00 PM EDT  
Anonymous Anonymous said...

Tuesday, October 9, 2007
Buying More LDK Solar In Spite of Barrons Bearish Comments

Buying More LDK Solar In Spite of Barrons Bearish Comments
by Trader Mark



Barron's jumped on the bandwagon this weekend to trash LDK Solar (LDK). I mentioned in the comments section of this post how there was no real support until 40-45 as this name had run so far so fast, and it was a bunch of momentum trading folks who didn't know much about the stock other than it was "Chinese," "solar", and "going up fast."

Now those people have exited the building and the stock has been decimated down to $40. While not calling 'a bottom', I will take a stab and add more here as its near the bottom end of that long range support. So I am buying here in the $40-$41 range.

Again, until a 3rd party auditor steps in and blesses what management is saying this stock will have trouble mounting any charge. The risk is, the 3rd party auditor comes in and says the fired controller is correct. However, inventory valuation is a bit of an art, not a science especially in this specific case (how much of the scrap silicon is use-able? up for debate - there is no scientific answer.)

But what Wall Street hates is uncertainty, over bad news (see how these financial companies go up once they put a number to their losses, even if the losses are in the multi billions). So uncertainty rules right now and the lemmings are rushing off the ship.

So it's a risk but the stock is a more an animal of emotion right now and those who got on for the ride without knowing much about the industry are getting bucked off. That said, unfortunately Trina Solar (TSL) is seeing damage from this news too.

Disclosure: Long LDK Solar in fund; and (again) long in personal account



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Tue Oct 09, 06:24:00 PM EDT  
Blogger StocksWalayBaba said...

All Cash [for now].

Tue Oct 09, 07:29:00 PM EDT  
Blogger TV107 said...

i just prefer fade trading to straight out momentum trading although .... when i fade, i trade more size and look for fewer points

although drys does look like a miserable overnite short, i'll take my chances...if i dont see a gap down on the SPY, i'll probably cover in the premarket.

Tue Oct 09, 07:33:00 PM EDT  
Blogger beanie11111 said...

Sell EMC and buy VMW!!!!!!!!!! Don't go thru that
backdoor EMC nonsense if what you really like is
VMW.

The assumption that the people who thinks EMC is
a
better buy than VMW is that they think EMC will
hold
VMW stock indefinately, which is a wrong
assumption to
make. Venture to guess what happens to EMC the
stock
if EMC ever decides to dump 10-20% of VMW????????

hint: EMC sinks like a hot potato. VMW will sink
as well but it will get back up, but EMC won't.

Tue Oct 09, 08:03:00 PM EDT  
Anonymous Anonymous said...

Video interview with BILL ALPERT about LDK.

http://online.barrons.com/article/SB119162915757750853.html?mod=googlenews_barrons

Tue Oct 09, 08:16:00 PM EDT  
Anonymous Anonymous said...

TV

I believe your short on DRYS will be good for a few points in the am... Looking back at the daily chart whenever DRYS has a volume spike as it did today the next day is a down day.... With the amount of volume today DRYS should have closed much higher unless there was supply coming in..
WHB

Tue Oct 09, 08:42:00 PM EDT  
Blogger TV107 said...

i understand its in an uptrend but this BDI needs to take a pause very very soon

http://www.dryships.com/index.cfm?get=report

drys has the most spot exposure...maybe it'll get hit with the most % loss

Tue Oct 09, 08:49:00 PM EDT  
Blogger beanie11111 said...

More likely GRMN will become a short term short very soon, as it tries to get back into the gap.

Tue Oct 09, 09:13:00 PM EDT  
Blogger beanie11111 said...

VMW could get to 120 before earnings on oct 24th

Tue Oct 09, 09:15:00 PM EDT  
Blogger beanie11111 said...

LDK:

you guys need to be very careful about this stock, until the mess is cleared up. They are already getting investor lawsuits. This is gonna be big resistance to the stock going forward. If the auditors don't support their view, you will see LDK in the pinksheets.

Tue Oct 09, 10:44:00 PM EDT  
Anonymous Anonymous said...

Z,
Try pressing ctrl+f5 and see if IE7 refreshes from the server directly. That might be the problem.

Tue Oct 09, 10:55:00 PM EDT  
Blogger beanie11111 said...

CRDC should go higher tomorrow. If it goes down in the morning, scoop it up!

Tue Oct 09, 11:01:00 PM EDT  
Blogger Abdul said...

" Are we in a bubble?

You mama is still afraid of the markets. So there's absolutely no bubble yet. When your own family gets itchy for a ride on hot stocks, then it's time to short (1 year after they come in). WE ARE NOWHERE NEAR THAT SCENERIO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! "

You are righ on Beanie .. we haven't seen the kind of bull run and the crowd mania normally seen at the height of a typical overheated run. But the way the chinese stocks are acting up lately start to make me feel like we may be approaching a scenario like that.. last few weeks have been crazy with chinese stocks.. going 30.. 40... 60% daily on some stocks. If 2000 bubble was by dot com's, I think this time around it might be the chinese stocks. In that case we may be nearing a blow off top.. what you think? Also, the ipo market also have been hot lately.. many ipo's are doubling in few days .. but we will take this run as long as it runs.. and in my opinion until the word gets out to the cab drivers and the co-workers..

~Abdul~

Tue Oct 09, 11:34:00 PM EDT  
Blogger zstock7.com said...

Market should start to crack, right in this area...right after the FRI retail numbers...

DIA TOP 14,280..SHORT
SPY TOP 157.5... SHORT
QQQQ TOP 53.6..SHORT
QID SUPPORT 35.8..BUY IT
RVX = 200 DAY = 21.8.. BUY IT
VIX = 200 day.. buy it..

downside...
I’m wrong, and hounded
for the next 5 month’s,
and never let live this down...
z-bones

upside, Is ....
I'm right and Its a best selling book...
"DOW Theory, 101"

Tue Oct 09, 11:41:00 PM EDT  
Blogger Arun said...

dow/sp future falling a bit

Tue Oct 09, 11:47:00 PM EDT  
Blogger Arun said...

also Beanie,
whats your take on the FSLR nasd investigation? Could this one day open up down $30 after negative news?

Wed Oct 10, 12:21:00 AM EDT  
Blogger TV107 said...

fast money lineup tonight is the way it should be

get rid of guy adami and karen finerman and have Tim Seymour and carter worth

it was a good pt by carter worth tonight that shippers should be added to dow transports in dow theory

Wed Oct 10, 12:24:00 AM EDT  
Blogger TV107 said...

shucks i have a gain on my long positions on LDK from 9/11 to 10/3

i wanted to join the LDK class action suit

o well

Wed Oct 10, 12:50:00 AM EDT  
Anonymous Anonymous said...

I am thinking of these trades what do you guys think?
Buy C at 46.9
MYL NOV 15 calls at 1.4
Sell short EK at 28.02


They are all below market

-madman

Wed Oct 10, 01:49:00 AM EDT  
Blogger zstock7.com said...

I found another short the market signal
IYR 200 day = 82.01 = total failure
When that puppy fails, it’ll bring everything down with it...
Zee

Wed Oct 10, 02:37:00 AM EDT  
Anonymous Anonymous said...

Time to start a new thread, please Beanie.

Wed Oct 10, 07:31:00 AM EDT  
Blogger TV107 said...

BDI exploded...huge % gain

that drys short is gonna blow up in my face

will probably cover premarket or within first 5 minutes

Wed Oct 10, 08:42:00 AM EDT  

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