Once I have had fun with a stock, I can't re-enter it until the next day.
Just had to share. I wanted to so badly short Netsuite again. I think I have made enough selling it short at 39.20 and buying it to cover at 35.59. Hey that was better than a 10% gain in a couple of days..
Okay back to work
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.
Thursday, January 3, 2008
Get Into Bio Solar Now
Just can't sit here and keep this one to myself BioSolor is a gem in the rough. Check out the company website or the stock. Get it now at 1.03
Out of Netsuite at $35.59
Thought I would let you all know. May watch it tomorrow and short it again if it keeps falling. Hefty profit for three days.
Portfolio's Successfully Recession Proofed
The stock market fell 200 points yesterday but both portfolio's were up one 2% the other 10%. These stock are on the left hand side of this blog. Check them out. Lots of oil and technology. Shorting Netsuite a company that competes against Salesforce.com because its up 200% since its initial public offering with no clients (12,000) - basically its up on emotional buying. This puppy dropped 6% yesterday. Lets hope it goes back down to $24 - its original valuation. I will be watching it very closely.
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