Sonic Money is a sounding board for my personal investments strategies and stock research. It will be updated in real time. As I make moves in these financial waters you will be able to either join in or watch from the sidelines. Either way my goal is to make money every day through picking long term stock winners, shorting stocks that shouldn't be posting gains, betting on sectors that are experiencing tremendous growth, and posting profits that make people take notice.

Friday, November 30, 2007

If your in GOOG your going to be in it until after 2008

Google is getting ready to spend 1/3 of its cash reserves on the 700 mhz airwaves. The street doesn't understand why. I think I have an idea. But if the street doesn't get it the price will reflect this. I think that GOOG may dip becuase the street thinks that spending one third of a companies cash reserve is a big gamble.

Just wanted to warn the short players on this stock.

Undervalued Stocks with good management

Lets talk about some undervalued stocks that are god buys. These companies have been beat up in the market and are due for a bounce and hefty 20% to 25% gain in the next week or two.

BX - THE BLACKSTONE GROUP LP - Down 25% in the last week or so.

JRJC - CHINA FINANCE ONLINE CO LTD - Down 33% in the last week or so.

If your looking for a good +25% in a week gain get them now at these lows, so I don't have to post a week later I told you so.

More Power To The Bull Market - Fed acting nervous, Good indication that he will cut the prime

It looks like my short positions in Google are paying off big time. No time like the present to jump into this stock. I am betting it will see $900 before the run levels out (if it ever does). I will be watching this stock closely but pre-market trading has it at $712 a share. Remember we jumped into this one at $681 - not bad.

I am sure NOV will continue its run with Citigroup upgrading it to buy.

Oil is down in pre-market trading. This could effect my oil holdings both long and short. If I see PBR falling I may take my profits off the table and look at one my lower cost stocks like DPDW.

Have to run.