The Truth Hurts :(

Hi Folks,

I need to to report that my short positions on RICK and TASR cost me 3.8% in the last two to three days.

That's not the positive gains I am looking for. When your trading stocks you have to be like a quarterback, you have to have short memory. Face your loses and forget them.

I am doing much better riding the bull on Google's back.

Oh yea I have added YGE to the "Wish I owned it list" - Large producer of photo electric cells & its a Chinese based company & a bird told me that the photoelectric cell industry is about to heat up. Solar is going to be in big play before the end of 2007 (like oil is now)


Report more soon.

Purchased shares Of Google

I couldn't stand by and watch this stock go on. With their entry into alternative energy I can't just watch this stock break $700 and not take advantage of it. Well I am in.



Purchased Google at $681.13, sorry couldn't resist.

Out of my short positions - TASR and RICK

I am out of my shorts ladies and gentleman. I think the bull market is going to run up everything. I may jump in GOOG or DPDW. I am also sniffing Nintendo.

Out of TASR too much good news lawsuits dismissed

The stock is up almost 4% uncomfortable with the stocks gains, covering my shorts early this morning. It will be a challange because I will have to look at how many bids (people want to buy the stocks) are out there versus the asks (people want to sell).

Basically TASR got a couple of the lawsuits dismissed which is bad for me and good for taser...

The Main Reason Why I Short RICK'S CABARET INTERNATIONAL, INC.

RICK'S CABARET INTERNATIONAL, INC. (RICK) charts are some of the worst I have seen when you match it up with the news on the stock. This stock is at its highest point in 5 years based on nothing. Can you say over inflated ...

I like the website www.wikinvest.com because they seem to have a good engine for matching up news with stocks. Its in its beginning stages and not all stocks are listed but some of the major one are.


Please look at this chart and tell me if you don't see a fall in their future.



I have shorted this stock and its in my short term holdings basket (versus the stocks I want to hold onto for longer or my long positions for you beginning investors)

Google gets into alternative energy

Oh my. Cellular and Alternative Energy and 10% of the internet for under $700. Read Article

This company is worth over 200 billion and have no debt

You will wish you owned this stock under $700

STRONG BUY - IRA CERTIFIED

Holding My Short Term Positions Another Day

Breaking the cardinal rule folks. Holding onto my short positions. I recently made a 10% profit on a pharmaceutical stock that showed some explosive growth that day and it seemed logical that there would be some profit taking the next day.

Like a vulture I came into the stock high on the exuberant buying and saw it give back all its gains it had made the previous day. After reading the message boards I saw that it was poised to fall further.

My folks came over and convinced me to get out now and take my profits off the table. My dad even reminded me of when we were up in Vegas $3,000.00 and I was suckered back down to the tables by some young sweet girls only to loose every penny.

I don't want to end up like this. I don't want to end up like MC Hammer wearing parachute pants and singing gospel music. But I am going to hold onto these stinkers, I mean stocks for another day. I am documenting this so if I go south anymore than what I am at least you folks can laugh at me all together :)

Okay well here are my short positions and were they stand an hour or so before the bell.

TASR - $12.68 - Betting it will drop - $12.85 ticking lower :(
RICK- $14.50 - Betting it will drop - $14.89 ticking lower :(
PBR- $94.50 - Betting it will rise - $94.70 ticking lower :)

At the start of the day

TASR - $12.68 - Betting it will drop - $12.75 ticking lower :)
RICK- $14.50 - Betting it will drop - $14.44 ticking lower :)
PBR- $94.50 - Betting it will rise - $94.43 ticking lower :(

Here are my short positions for the day

TASR - $12.68 - Betting it will drop
RICK- $14.50 - Betting it will drop
PBR- $94.50 - Betting it will rise

Good Message Board Post on RICK

I try not to pass on to many message board posts and give you an easy to understand summary of all the research I do. I also try to do this in real time so you can follow or watch my trades go north or south (I think that is fairly unique). Anyhow please read what this guy had to say about RICK:

I knew that PTT wouldn't hold its own here and RIck was the better of the two plays. There is a bigger problem which is the Dow is falling ..here is the reason high oil prices / gas prices..The uncertainty of election politics. who thought that front ending the primaries was a good idea was foolish. More uncertainty. People are pulling their money from the Market over the long run this has always proven to be a stupid idea by investors. However the likelihood of the Market going further down the tubes before year end is high. It would not surprise me that we will hit 12500 or 12250 by year end. There is no reason to believe that we will fall much further here for Rick's but PTT will continue to slide

TASR is up 2.% in pre market activity

TASR - Oh boy. TASR is up $.30 in pre market trading. I can't lie I am feeling the squeeze here. The one thing I have learned is to not panic at the beginning of the day and to check the price if you have to sell the afternoon is a good time.We will see.

RICK - No pre market movement on RICK . I was just asking my friends why can't someone investigate them or something :) I mean I have read in several financial boards that they are the Amsterdam of the America and have legalized prostitution - come on some one please investigate these guys

PBR - Down .77% or $.77 in pre market trading.

Looks like my short positions are all treating me bad today.

Google's stock price ends the day at $666 (GOOG)

Okay thats just scary. I wanted to mention this stock as one of the stocks I like long term. Someone said owning Google will be like owning 10% of the internet. As a web designer I understand just how serious some of the advertising moves google is making. They will own much more than 10%.

Buy 1 share buy a half of share whatever you can afford buy GOOG (Google).

Put it in your IRA - it's that good. And no this is not a sign from the Devil.

Purchased PBR (Petroleo Brasileiro) @ 95.71 - Trying to be more optimistic

Folks I looked at my long positions and saw that PBR (Petroleo Brasileiro) had lossed $10 a share or about 10% of its value in the last 5 days.

This isn't right they just found 5 billion barrels of oil and oil prices are going up. I am predicting a 10% jump over the next few days. So I am in this long term (with PBR/A) and now short term with PBR. I like this company and did before they fond the 5 billion barrels of oil that sent their stock price flaring.

Well now I have three short positions to manage great. Just to recap for the novice investor short means I am betting the stock will go down and long means I am betting the stock price will go up.

My plays for this week are:

RICK - short
PBR - long
TASR - short

Wish I Could Enter DPDW (DEEP DOWN,INC.)

I am holding onto my shorts probably until tomorrow's trading day. I don't like to keep more than three short positions because its too stressful. The dozen or so long positions I hold are enough to keep track of.

To make a long story short I am wishing I could enter DPDW (DEEP DOWN,INC.).

It up 2.17% today and is still way under $2 a share.

I choose the dark side. I choose to bet stocks would do bad (shorting stocks) versus seeing the glass as half full.

Oh well maybe one of my readers will buy DPDW for me. :)

Okay Johnny Buy DPDW!

Shorted TASR @ 12.77

Executed order at 9:31

TASR on CBS The Early Show - Really Bad Press

Goodmorning,

I know that this weekend I was thinking about shorting TASR. I just remember that stock when I was investing in it around $8 a share. Now its in the low teens and dropping. Something tells me with all the bad press that we may see it test some new lows.

I think that walking to my shower and seeing this on the Morning Show is a sign (check out the video yourself). I also think that the UN debating wether to label TASERING a form of torture is even worst.

Listen I am going to SHORT THE HECK OUT OF TASR this morning. I usually don't do any trades until about 10, but this is going to be an exception.

So for the record I have short positions in RICK and now TASR.

Wish me luck!

I'm Long on Oil Stocks - Especially Deep Down, Inc.

Deep Down, Inc. is $1.38 a share. Yes you can own part of an oil company that specializes in finding oil offshore for under $2. This stock has had explosive growth and its a gem in rough.

I will be going long on this stock as soon as I can. The ticker is DPDW and I recommend that you get in at this point and hold on for a while.

Thinking Of Shorting TASR

Good Sunday Morning,

The serious traders never stop thinking about what new opportunities they might exploit. I have been working on some websites when I walked into my room and my iMac was showing me the the most interesting RSS feed on my screen saver. Oh this is going to sound bad, but not as bad as me invseting in Cephid (CPHD) when the anthrax scar hit, ok here we go:

Man Dies From Taser (read article on TASR)


This causes me mixed feelings. I feel bad for the man who died but I see what most investors are going to see on Monday. Canada, who just armed their version of the police, with these TASER's are going to see some resistance to using them in the future.

And oh yea didn't they just get a deal in England too? Didn't I read something about the brit's trading in their billy clubs for Tasers...(I always feel like Austin Power's saying laser when I say TASER)

This could spell trouble. Especially since this stock has lost about a third of its value since the beginning of October.

I am thinking about shorting this stock on Monday. After hours trading has the stock ticking down. This may be a good one or two day in and out profit pump.

I will keep you posted...

Retail Sector Up 18% but profits expected to be thin

That was the word mummering from the cash registers at most retail stores. I think its a shorting season on Retail. If the consumer is going to blindly keep spending when everyone and their mother sees a recession coming then we may be in for a long recession...

When Black Friday Comes

I woke up this morning thinking, "When does the retail market take responsibility for the slumping sales they are sure to incur?"

My thought is that there is no IT gadget or product this year. You discount a piece of coal to $.01 but nobody wants a lump of coal for Christmas!

I am not bitter because I only made a few pennies instead of the large profit I could have made if I cover it one day earlier, I am placing the buck where needs to placed. Stop whining retail sector and invest in some innovation.

DDS out @ 18.10 Covered My Shorts :(

Lots of stress for 2%. Okay well 2% over two or three trading days isn't bad. I could have done a lot better IF I would ahve stayed in the stock a lot shorter (yes shorter than two days - one day - should have taken it at 16.50 or 17) and I should not be so optimistic when covering a short by placing an unrealistic limit price on it.

I need a latte, I need to make better profits than a stinking 2%. I need the success of PBR or NOV.

Like I said I am considering going long on this stock now that I have seen it test this low so effectively.

Stock Investing 101 - How do you calculate percentage gain or loss on an investment?

Okay every now and then I am going to break down some basics that I think will help out the novice investor. If you are savoy don't be snobby and skip this post. For those of you that are learning, I feel that knowing your gains is like looking at your kill. For better or for worst you have to get to this task every transaction you make. You should never hop offline or get off the phone with your broker without assessing what your kill looks like.

This is a good article that will help you out:

Calculating the percentage change of your investment is quite easy. All it takes is a little bookkeeping and either a simple calculator or a pad of paper for doing the long division. Here is what you need to do:

Take amount that you have gained on the investment and divide it by the amount invested. To calculate the gain, take the price for which you sold the investment and subtract it from the price that you initially paid for it. Now that you have your gain, divide the gain by the original amount of the investment. Finally, multiply your answer by 100 to get the percentage change in your investment.

If the percentage is negative, resulting from the market value being lower than the book value, you have lost on your investment. If the percentage is positive, resulting from market value being greater than book value, you have gained on your investment.

Here is what the formula looks like:

(Price Sold - Purchase Price)/(Purchase Price)

If you haven't sold the investment, you can use the current market price in the place of the price sold.

This basic formula is used every day to find out exactly how many percentage points indexes, stocks, interest rates, and so on have changed over a given period of time. For example, if the Dow Jones Industrial Average opens at 9,000 and closes at 9,300 today, the formula would show that the percentage change over the day was 3.33% [(9,300 – 9,000) / (9,000)].

However, investing does not come without costs and this should be reflected in the calculation of your percent gain or loss. The above is an illustration of the calculation without costs, such as commissions and taxing. To incorporate costs, reduce the gain (market price - price purchased) by the costs of investing. By incorporating these costs you will get a more accurate representation of your gain or loss. Also, if your investment paid out any income, such as a dividend, you will need to add this amount to the gain amount.

Here is a more detailed way to calculate gain or loss:

[(Amount Sold - Amount Paid) + Income Gain - Costs]/Amount Paid

Gentleman's Club Fist Fight - Read This Post

Yahoo Financial Blog - Click This Link To Read An Informative Post on The Shorting of RICK

Takeover, Sleepover - more On Dillard Department Stores - DDS

Lets not get crazy here people but DDS is up around 17.94 with some positive ticks. If this thing get to $18.00 I have to get out! I would have to abandon my strategy of waiting until next week. That would be a bummer. I know this stock is goign to fall around 15-14. I just intuitively feel its got to test that bottom out.

Please understand that I will more than likely convert this stock to a long term position and through it in my IRA once I cover my short position. I am under the impression that this stock has been beat to hell. And I like their real estate holdings and think the market will come back one day.

But hey for the Some interesting news came out, but as news goes it could just be some smoke and mirrors. There is some articles that talked about how the top executives had worked out a golden parachute plan (read this thread for a better take on things)

RICK - Shorting Gentleman Clubs In A Bad Economy

I am thinking this is a no brainer and the only reason this stock is up is because of anaylst booha.

More on this later I promise but I just shorted RICK (RICK'S CABARET INTERNATIONAL INC) at Limit Price of $14.02