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.
Showing posts with label N. Show all posts
Showing posts with label N. Show all posts
Thursday, January 3, 2008
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.
Wednesday, January 2, 2008
Shorting Netsuite @ 39.20
Holding shorting! Well I have found a very over inflated stock that may fall to the high teens in a week or two. Its called Netsuite. Ticker symbol is (N).
Wednesday, December 26, 2007
Buying into the Digital Photo Frame Craze
One of my portfolio's has been doing incredible. I moved everything out of Apple +134% in one year. I diverted some of my funds to Netsuite (ticker symbol: N) - a company that the ex-head of Oracle started to compete with Salesforce.com and half into DPDW ( a penny stock with the ticker symbol DPDW or DPDW.OB ). I bought into DPDW at .74 and its 1.01 now!
I heard a rumor abour at 39 million dollar deal Netsuite may be getting - this could send the stock through the roof. Don't ask me how I heard it. I am highly recommend this stock with an exit point at $60 a share.
I heard a rumor abour at 39 million dollar deal Netsuite may be getting - this could send the stock through the roof. Don't ask me how I heard it. I am highly recommend this stock with an exit point at $60 a share.
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