Reading my stock market diary exactly 1 year ago…
Flipping through my market diary I find that many of my stock picks I follow are up around $20-30 pts or 25-40% in price. Specifically AAPL, NTRI, BA, GOOG, SWN, TGT, GME, FXI, and many others. I’m hoping to use some of my diary to get some excellent plays in coming this fall. The stock market has really been rising with todays big increase in the Dow Jones I wonder when the market will flip. Last year at this time oil was hitting highs of $76/BBL and currently we are around $71 from where it dipped at $61. Most of these stocks still have a low PEG score with low P/E. I’m curious if we will have a high priced stock market in the next year or two where we will see the majority of stocks priced over $200 including stocks not supposed to be priced that high which will eventually fall the hardest again.
Currently I’m checking out another real estate deal since this 5-unit apartment building fell through because the seller would not communicate with me so I could get escrow and my mortgage lender setup correctly to buy it. Another property I put on hold was a hotel unit for sale where the hotel pays you X dollars upfront for leasing it from you for 2 years giving you guaranteed rent up to 4 years then your unit goes in a pool to rent out and you collect from that. It is on the Hilton Head Island, GA. It is suppose to be a premier spot in the south east coast so I’m going to do some research on it. It costs $249,000 with a 10% down payment and I’d get back my closing costs plus another $30,000 with in 2 years of closing if I leased it to to the hotel company. But after the 2-4 years I’d be forced to put it into the pool to rent out and unless the hotel shows full occupancy 6-9 months out of the year long-term it might not be a good deal. I would earn $50,000 back in two years which would pay for my student loan of $40,000. It would produce $700/month cash flow if rented full occupancy 12 months a year. I’m going to discuss it with the seller today and think out my options. Even if I made $300/month continually after the 2-4 years it would still be a great secure cashflow.
Besides money life I went to check out a new room to rent and met two cools girls. I ended up not renting the room but asking one of the women out to breakfast and got a “yes”. I didn’t think it would be so easy. So luckily this saturday morning date will be a lot of fun. I’ve never asked out a girl on a date by checking out rooms for rent, but hey nerds theres an idea.
July 12, 2007 | Categories: 2007 option picks, 2007 stock picks, aapl, apple computer blog, BA stock, buying a hotel unit, dating for dorks, dating for nerds, dating ideas, Dating ideas for Nerds, fxi, goog, hilton head island, NTRI, Nutri Systems Inc, ROI, stock news, stocks, trading stock options | 2 Comments
The Google monster gobbles another insect company up!
Google Inc. (GOOG @ $466) as you should know put in a bid for $3.1 billion for Double Click which could help increase the companies growth and monster advertising machine. GOOG is recently priced way below its target of the $550 price range and its PEG score is trading about under 1.00 which most analyst would consider it a bargain stock. Last year GOOG’s earnings were great and the stock sky rocketed up 35 pts and within 4 days dropped almost 40 pts. What does this mean? Maybe much of the stock price was already amped up into earnings and the stock price did reflect the earnings data which made the stock hype immediately start selling off. GOOG is the #1 tech/internet stock for the past 3 years. Although I can currently see the price steadily moving up with a strong trend I also feel GOOG will be hit the hardest when the next fly-by-night tech/.com’s come again. It isn’t like GOOG isn’t worth $466 and it does have billions in cash so it isn’t going bankrupt any time soon. Google is also doing the right things as a growing company to keep market share, sustain growth, and be around a very long time. But when the market does turn (maybe this summer?) I think GOOG is going to be hit hard again down to the low $400’s to possible $350’s to shoot back up to over $500 when the real investors step in that will drive the price back up. Also recently Google.com is starting to create a more personalized look for users like Yahoo.com uses. In away I think this is a bad idea, but also it could help generate more revenue for the giant if yahoo.com users would switch entirely to google.com if google.com gave that personalized web-home experience.
Earnings this week have been good so far expecially with McDonalds (non-tech) MCD @ $48. I previous said around 5 months back that MCD was a buy @ $43. MCD has steadily moved up the charts and showing positive growth for the giant franchise real estate/fastfood company.
Earnings I’m anxious to hear about is GRMN, AAPL, GOOG, BA, NTRI, and RIMM recently we already know increased profits. Bad news for AAPL that again they are delaying their new software Leopard and iPhone. I already know of many people ready to buy the iPhone regardless of price young and old. It is going to be a success. I hope they fix ANY and ALL bugs with it before it becomes internationally distributed. I know a select amount of individuals that do have ongoing problems with their iPods crashing or freezing and for the most part Apple had worked to satisfy those customers head on. Another company to look at for is Sears Holding Co. (SHLD) for retail sales outlook. Luxury retailers have been doing well again this year too. Many economists say the market will be a volatile choppy one and so far the waves have been pretty large. Look at NYX with it trading over 100 then down to 80 then back to 100 again. I’d consider that a sweet trade if I’d only focused on it. My concentration has been rather off the past 6 months and I need to get back into just focusing on stocks I previous traded before that I know much more about.
So far this year I’ve definitely ventured off into the hard rocky dangerous path by choice. It has helped my increase my goals faster, but also has worsened my ethics and rules for proper trading to live a long traders life. I’m slowly crippling myself the way I am trading and if I don’t start really pushing healthier trading habits I will die.
April 13, 2007 | Categories: 2007 option picks, 2007 stock picks, apple computer blog, BA stock, bad trading, goog, NTRI, Nutri Systems Inc, NYX, speculative stocks, stock news, stock option trading rules, stocks, trading stock options, yahoo!, yhoo | 3 Comments
GOOG up 14 pts – technical chart was right
Today the entire market rose with GOOG up 14 pts. After looking at my charts yesterday I was right about Google.com short term down correction about to make a move up after yesterdays two white candle reversals. Jones Soda Co. (JSDA @ 23.50) moves up another 5% as well. There are no options on JSDA so I will be on the sideslines of this one since I’m in too many trades at the money (bad). Its up already 15-40% in the last 3 weeks. Some stocks when they are on a roll the momentum will just keep pushing them up. I guess its smart to say as long as your stock is going in the direction you want it to and there is no other factors to change its momentum then you can play it pretty safe. Look at GOOG. When it moves it usually moves fast and many points in one direction. I’ve gotten in it before already up 16 pts just to go up another 10 pts and make me a fat profit the following day. I suppose that is when you really need to get some balls (excuse me ladies) to buy and sell your stock.
Meanwhile NYX is following its uptrend. BA still sits at $89 and NTRI moves slightly at $53.25.
April 3, 2007 | Categories: BA stock, goog, Jones Soda, Jones Soda Co., JSDA, JSDA blog, JSDA stock, NTRI, Nutri Systems Inc, NYX, NYX stock chart, trading stock options | Leave a comment
Current stock market conditions + NTRI, JSDA, GOOG
For the first trading day of April stocks are up probably from fund managers buying them up, but on 233min, Daily, and Weekly charts I don’t see any stock trades. It almost looks as if stocks are starting to turn over to fall or have a bearish rally. The two stocks that come out that do show a continuing uptrend are NTRI @ $53 and JSDA @ $22. Jones Soda Inc (JSDA) is currently up 10% so I’d wait to buy into this “hot stock” at the moment. To read more on it check this out. It is being compared to Hansen Inc. (HANS @ $38) to be the next big beverage profit machine. Google (GOOG @ $456) looks like it is turning over on the Daily chart, but the 233min chart shows it has been sold off and possible ready for its next run. As you see in the 55 minute chart below it shows GOOG being sold off for the past 7 days and today created two white soldiers that broke the short-term trend down. Possibly tomorrow we might see a large spread.
GOOG 55 Minute Technical Chart (click on chart to enlarge)
I sold out of my NTRI JUL 50 CALLS today for a 30% profit in 1 month holding the option. It was a bad trade, I’m actually in a crap load of bad option plays, I should of waited and not bought into any position in the current market condition. So now I’m in a bind to slowly wait for stocks to swing in my favor to sell out at breaking even or profitable. For instance my BA APR 95 CALLS are definitely not going the way I thought Boeing Co. would move. It has already received around 5-7 big orders and the stock, although moved to $91, has not reflected all the positive news that will boost its earnings and increase its capital. BA sits at $89 pissing me off. I feel my option will run worthless and then in June its bullish historial run will happen so I definitely got in to early unless I am “lucky” this month to get a quick big run to sell me out of my position profitably. BA does look like it is at its low for its stock trend going up and down so it might have a run soon. Another option I bought NYX SEP 115 CALLS stock went down to $82 now back up to $97 talk about major loss. Again, if I would of waited for a better play I could of bought it way low and made a small fortune within a months time. Lessons I suppose you can only learn from losing money and trading during times you should be waiting on the sidelines of the field anxious to play. I do have a lot of time left in the CALL, but once it hits $105 I should be sold out + 100% though I could of been up around +500% if I waited to buy when there was a true reversal in momentum.
As for my two penny stocks CCNG.OB and WTVI.PK. They are doing what penny stocks do basically blow up and die. Although both companies are following through with their plans, gorwing their business, what they aren’t doing is growing investors confidence. both positions are down -50 to -75% and I’m not happy and will have to wait much longer to profit once they have respectable moves if they make any real money to surprise new investors to buy their stock. I plan to rebuy both CCNG.OB at the .0001 level. Recently a stock trader has mentioned ETIM.PK and its pretty funny that a company is selling “collectable casket/urns” nonetheless people actually do but crazy stuff for pets expecially. I liked the website and I’ll have to review more. People do die everyday and so do pets with limited lifespans so I could see how it could be a profitable business even when your “core” customers die too!
April 2, 2007 | Categories: BA stock, CCNG, CCNG blog, CCNG stock news, CCNG website, CCNG.OB, ETIM, ETIM.PK, goog, investing in penny stocks, Jones Soda, Jones Soda Co., JSDA, JSDA blog, JSDA stock, NTRI, Nutri Systems Inc, NYX, penny stocks, profitable penny stocks, ROI, speculative stocks, stock charts, stock news, technical chart, trading stock options, Wi-Fi TV Inc., Wi-FiTV.com, WTVI, WTVI.PK | 5 Comments
High Probability Trading by author Marcel Link + More
Just recently I started a new stock traders book High Probability Trading by author Marcel Link. So far I’ve gotten through the Preface. It isn’t very dry and it seems to push all the lessons and rules I have learned from many great traders. Marcel Link stresses disciplined qualities and I’m sure it will be a great read. I think reading about what you are most interested in being a success in is a step to becoming it, but as I’ve already reading actually trading with real money is the true test. I just recently finished the book How to Become a Stock Market Genius. It gave some interesting ideas I haven’t heard of before and I plan to practice them on paper to see how they work out. A book my friend is reading called How to Trade like Jesse Livermore is one of the best books I’ve just glanced at since I started reading it when he put it down. Many of the stock market rules in the book are the same I’ve been taught. I can’t wait to read it once he is finished so I can borrow it.
Recently the stock market, although choppy, has been feeling overall bullish since the economic reports and fed chairman Bernanke have been sending upbeat views. Employment is strong, oil is rising and stocks are rising with it, GDP is rising which is good because it could raise rates, but inflation remains flat and companies growth is still increasing which bulls want to hear.
NutriSystem Inc. (NTRI @ 52.41) has been going up a steady slow incline for the past week up around 4 pts since last Friday. If it hits $60 then my options trade for NTRI JUN 50 Calls will be up 100% and my GTC order should sell out. As for my other trades well they aren’t looking so good. For one thing, Boeing (BA @ 89) has just been hanging out at just $89 for too long. I own APR 95 Calls and my option is starting to decrease with the expiration date catching up. NYSE Group (NYX @ 93) has had a strong gain up to $97 and came back down to catch its breath. I expect it to go much higher and sell me out once it goes over $100 for my SEP 115 Calls. Another stock that has been flapping on the ground like a dieing fish is Trump Casinos (TRMP @18). It moved to $19 and has fallen down since after talking of a full sale of Trump Casinos to a larger casino. I’m wondering if a deal does go through how much of a premium would TRMP get bought out for? I’m wishing over $20 would sell me out of my JUL 25 Call position.
Long-term stocks that I own for speculative possible big gain chances are CCNG.OB and WTVI.PK both now trading below a penny, which sucks in my opinion. They have been both collecting and moving forward, but for some reason the stock price has been moving in the oppositive direction I think mostly because current investors are scared. I don’t know if I’m just crazy for buying the stock or if within 1-2 years the stock will move enough positively because something very good has happened and buying a very risky penny stock could pay off big for me. If not it is money I can lose and I went into the trade understand the high risk circumstances that the company could just declare bankruptcy for the 10th time (ha ha ha, jk).
A stock that has just hit me hard is Jones Soda Co. (JSDA @ 21.30). Recently browsing stocks like I usually do reading one article going into another I stumbled over a Jim Crammer article I believe of NTRI’s stock page. In the article it talked about small companies with lots of growth and with HANS a simular company was JSDA. I immediately went to go check it out to see the marketing behind the product at www.jonessoda.com website because if you can create an awesome looking product it has a greater chance of becoming successful in my opinion doing a lot of internet marketing. Once I saw it I immediately remembered it because I’ve actually had one before. The soda bottles are very distinct because they are colorful yet classy looking and fun. In my opinion a receipe for success. What I also found out researching the company on the website is that they really involve their customers with their product. Check out the www.myjonesmusic.com link and the www.myjones.com link at the bottom of the webpage. What you will find our brilliant gurrilla-type marketing ideas!!! Freaken awesome. A beverage company letting its customers put their own pictures on their favorite soda, offering blogs, and offering musicians a portal to express themselves can I say awesome again. Pepsi and Coke are maybe mega-huge billionaire companies, but they have no chance against a little companies like this. This company since its small can be more innovative and free thinking again a receipe for success. Anyway back to my story coming across Jones Soda. So after reading the article, checking out the Estimates, company website, and price of the stock I have to admit Jim Crammer could be really right on this company. Sure it has already moved considerably $1 – 21, but I feel an average investor who just gets in now still has much opportunity for future stocksplits and profiting. The only thing I wish the company did offer is stock options, what I enjoy trading, but maybe in time they will offer stock options. Jones Soda Co. is distributed most likely at your local store so go check it out they are delicious. And if you want more bang for your buck and feel like a super hero check out their energy drink Whoopass! Again back to the story, so later that day at work (because I had duty) I turned on the tv and Mad Money came on with the exact story I just read on Jim Crammer. This convinced me even more as a sign from God above that I should definitely look into the company more.
After checking out the site I noticed the company sponsored atheletes and talents. I filled out the application and I hope they contact me. I’ve been longboard surfing for 13 years and it would be awesome to wear a Jones Soda pop rashguard and represent Whoopass! logo. I’d get a kick out of it and I’m sure other surfers would ask me where to get it. I’m also curious if they have an affiliate marketing program because I’d definitely represent Whoopass! banner on my site to keep geeks like me awake while reading heavily financial books that can put you to sleep after just a few pages (try reading employment theory! omg!)
Well anyway be sure to drink a cold refreshing Jones rootbeer soda sometime to relax.
Also remember HASH is tomorrow at 3PM. I can’t wait! Definitely the Turkey trail this time!
March 31, 2007 | Categories: BA stock, CCNG, CCNG blog, CCNG stock news, CCNG website, CCNG.OB, investing in penny stocks, investments, Jones Soda, Jones Soda Co., JSDA, JSDA blog, JSDA stock, losing money in stocks, mega growth stock, myjones, NTRI, NYX, NYX stock chart, online tv site, penny stocks, profitable penny stocks, speculative stocks, stock market surfboard, surfing, trading stock options, TRMP, Wi-Fi TV Inc., Wi-FiTV.com, WTVI, WTVI.PK | 1 Comment
My first HASH club “the virgin” on st. patty’s day
Since the stock market has been lagging on actual really good content to post about I haven’t been writing much. The market is consumed with sub-prime mortgages and interest rates when earnings growth fundamentals still has been good. Boeing Corp. (BA) is in talks with China over building larger airplanes currently trading at $90.00. Since we are in the choppy confused time of the market you better buy long calls if you are bullish.
As for my first HASH club (a running/drinking group) I had a really great time. It was my first time in Honolulu, HI I was a “virgin” with some other runners. The HASH group ran in spirit on St. Patty’s day throughout Honolulu downtown and we stopped for shots, pub crawls, and lastly a cold iced keg. I had to chug down to big cups being the virgin and lets just say my body and head were feeling pretty good. I met a lot of cool new people older and younger.
I plan on making it a weekly social event to attend. If you are interested search HASH on the internet. There is a group in almost every state and some countries. It’s been going on for almost a century now I believe.
St. Patty’s day was fun. I ended up not staying out after the run and drinking for the St. Patricks day block party downtown because I had work the following day and had to be up at 8 AM. I fell asleep aroun 9 PM and now I’m refreshed enough to write this post.]
As for jobs. I walked into Papa Johns pizza near my house and the drivers said a $4 tip is the average and that is very high. I might really consider taking a second job because I feel I’m just wasting away time that could be earning more money to help me out. I really want to write some music and play songs, but if I’m not going to have anyone to work with then I might as well work more. Since I didn’t pay off my car when I had a chance now I feel I’m forced to work extra to pay it off. I might have the chance later in the year if stocks rise. I was already stupid once now I can’t be stupid twice.
March 18, 2007 | Categories: BA stock, HASH, personal life, st. patricks day, st. patty's day | 2 Comments
Wi-fiTv.com (WTVI.PK) following a minor uptrend, BA, NTRI
Wi-FiTv.com just came out with a new press release on posting wedding video. I have to admit this is something definitely I don’t see or hear about on the web. The company is either crazy for thinking this up (being a private more intimate memory) or they are brilliant and wedding video posting might be worth $$$. I guess in the months ahead as they establish themselves on the internet (because it doesn’t just happen overnight coming from experience). WTVI.PK stock price has been volatile because it is a penny stock and because of this you shouldn’t ever be afraid. You aren’t invested your next egg or childs college tuition, you are rather investing a few thousand dollars or the price of a nice flat screen Tv. It is a speculative company.
WTVI.PK has been starting to follow a minor uptrend and lets all hope it continues with increased buying in the stock (the only way it will go up). I noticed today much of the buying probably was from the press release from over 13 million shares traded. For such a small company many shares are traded because relatively any investor can buy a couple 100,000 shares for less than a couple thousand dollars which is hard to do with any dollar stock.
Current stock price is support in the .012 to .02 range. Click on picture to enlarge below.
WTVI.PK Daily Stock Chart
Current Boeing has created a large candle with increased 787 orders and follows a strong uptrend. Check out chart.
BA Daily Stock Chart
Nutri Systems Inc. has recently popped after earnings and mildly traded lower from the volatile sudden increase. 200 million share buyback is in place by company and target has been raised to $76 from increased growth. Besides this the companies correction was good so investors could get back in at $44 stock price. If the stock does not hit $49 by the end of the week I’m selling off my options most likely if the stock trade reverses itself. Currently the trade has a good story, but NTRI hasn’t been picked up on yet or Jim Cramer. Today it traded lower but 8 minute chart shows its still bullish to move higher into the next trading day.
NTRI 8 minute stock chart
NTRI Daily stock chart
March 13, 2007 | Categories: 2007 option picks, 2007 stock picks, BA stock, NTRI, Nutri Systems Inc, penny stocks, profitable penny stocks, speculative stocks, stock charts, stock news, stock options, stocks, technical chart, trading stock options, wi-fi technology, Wi-Fi TV Inc., Wi-FiTV.com, Wii stock, wireless technology stock, WTVI, WTVI.PK | 3 Comments
Recent option plays BA and NTRI – Also WTVI, CCNG, TRMP
Recently Call Option plays I’m in are BA (Boeing Inc.) and NTRI (Nutri Systems Inc.). BA current trend has been modestly going up daily, receiving new orders, with a low PEG, high FWD earnings, and continual solid growth. BA closed at 89.51. I’m playing the APR 95 CALLS. As for NTRI it just recently surprised Wall Street with excellent earnings and growth. It gapped up and has recently fallen some to where I feel a good buying opportunity is pretty. Just recently in the past 3 days the stock has moved up 2 pts and it’s likely that some of that $200 million buyback program has started with the price traded towards it 52 week low with a good story to rise its price. Analyst have also priced it at $76 with its current growth. I bought JUN 50 CALLS. Did I also mention that NTRI current PEG is below 1.00 at .55 this is at bargain level for a stock this is receiving large growth. NTRI closed at 47.67. NTRI traded .25 higher after hours.
Currently TRMP raised the idea of selling out its Atlantic City, NJ casinos for a cash sale. TRMP up 8% on Friday 9th. Currently I’m in TRMP options long and after reviewing the PEG, FWD earnings, and current sales it doesn’t seem like a great company to buy at the moment. The thing Trump Casinos does have going for them is the brand name Trump, prime location, and current value of half billion dollars. TRMP closed at 18.19.
As for every speculators favorite company http://www.wi-fitv.com the company endlessly puts out new press releases, which is keeping investors involved, at the same time I want the company to start heavily advertising the website on the internet to really raise the traffic, new members, and increased advertising rates for banners and tv commercials. Currently the company values around $250k from the current stock price of $.015 which went up today 25%. WTVI is slowly forming a support price. It broke $.02 cents and I was highly disappointed, but most investors are right thinking it will probably drop into the sub-penny levels. Personally, this is bad for current investors and future ones. A steady gain in price is much healthier and investable. If you see a stock going down and staying down you don’t want to buy it no matter how good the story is on the stock. As for a stock slowly trailing and following WTVI is CCNG. CCNG is a collectables company probably worth more in capital and assets then WTVI, but trading many times lower in the sub-penny levels still. I would be surprised to see CCNG trading at below $.05 by the end of the year while receiving more orders to sell to retail and franchisers. It currently trades at $.0004. If you currently bought 1 million shares it would cost you only $400 plus commissions. That is right only $400 for 1 million shares. If the stock goes to even just $.01 cent you would make a $9600 profit almost 11x more then you put into it.
Another stock to take look at is PSPM a technology company that has created patents for lower energy using lightbulbs and currently highered WestingHouse’s veteran sales person.
The stock has steadily moved down, but if they do sell their licenses expect the capital of the company to be worth over $1 billion dollars. For this reason PSPM is really worth looking at.
March 12, 2007 | Categories: 2007 option picks, 2007 stock picks, BA stock, CCNG, CCNG blog, CCNG stock news, CCNG website, CCNG.OB, NTRI, Nutri Systems Inc, PSPM, ROI, speculative stocks, stock options, stocks, trading stock options, TRMP, TRMP stock chart, wi-fi technology, Wi-Fi TV Inc., Wi-FiTV.com, wireless technology stock, WTVI, WTVI.PK | Leave a comment
Follow up on WTVI.PK (Wi-fiTv.com) and other stocks.
So far I was at least right about choosing to sell when I did. Sure I could of made a bigger profit, but that wasn’t my goal. My goal was to get in and get out. If I’m wrong will all my profits be gone and my initial investment? Highly likely. If Wi-FiTV.com Feb 19, 2007 shows a good product I plan to buy back in at a higher price because then I feel the company has some to generate money with. I actually like the idea of it being the first Hispanic video social site. This is more interesting then being the first wi-fi tv like site since there aren’t any sites offered services to hispanics out there. I’m not surprised to see WTVI traded over 75 million shares today, which many of those selling off the stock because if they were all to buy it would of been in the teens (cents). If you have already sold pat yourself on the back. If you are holding on for dear luck well then to the best to you. I hope you make a million bucks, but I’m not sorry if you don’t.
Since I’ve been on the mid-watch and stayed up just to finish this post I see WTVI did another press release (of course themselves not an outside source) on updating there site here. This is definitely going to spike the penny stock again. I notice it says “1000 new personal pages”, but what about just uploaded video in general; is there a limit? A standard in $25,000 stations? I really don’t think they get it yet. There is nothing about formatted tv shows or anything new to keep visitors on the site. Personal pages are only as good as the site is. I’m curious what the site will show in its “sneak preview”. I think a lot of investors currently buying shares aren’t even young enough to “know” what a good social internet networking site is to a young person. This is a problem. Hahaha. It’s even funny. If you are an investor do you have a myspace.com page? a youtube.com page? a friendster.com page? a hi5.com page? AIM? hahaha..well if you don’t then sign up and test it out and compare it to wi-fitv.com after Feb 19 then you will know if you have a great investment or not. Here are some charts below (click to enlarge).
WTVI Weekly Stock Chart
WTVI Daily Stock Chart
Other stocks I’ve been watching I think are about to move up are MA, CAT, and BA.
All three companies are in an accelerating growth sectors either breaking a large downtrend or
slowly pacing its way up through solid earnings growth.
MA Daily Stock Chart
CAT Daily Stock Chart
BA Weekly Stock Chart
BA Daily Stock Chart
To end this post I found this really interesting news article on CPTH.OB talking about cellular phone subscriber growth in India. I was actually searching if Idea cellular has a stock symbol and was traded, but from my research and knowledge it doesn’t (If I’m wrong let me know!). I’m almost 100% certain I’ve come across this Critical Path company years ago researching stocks. Looks like it has plummeted to a super low. If this article is correct and reliable then CPTH could easily having a great quarter now that Idea Cellular is its biggest customer. They should make a profit with all those subscribers and turn into a profitable company again. I’m going to email the company and see what their plans are. It currently trades at $.13 cents. If Idea Cellular was publicly traded I’d really be interested in it. Another broadband service in India currently traded that is receiving tons of growth is SIFY. See charts below. (Click to enlarge)
Telecommunication Plays in India:
CPTH Weekly Stock Chart
SIFY Weekly Stock Chart
February 16, 2007 | Categories: BA stock, CAT stock, CPTH, Idea Cellular, India stock news, India stocks, MA stock, online tv site, sify, speculative stocks, stock charts, stock news, stock option trading rules, technical chart, trading stock options, wi-fi technology, Wi-Fi TV Inc., Wi-FiTV.com, wireless technology stock, WTVI, WTVI.PK | 2 Comments