Bought Southwestern Energy MAR 55 PUT – short play
My second $1000 trade was on SWN. I made my decision off the daily and 233 minute chart moving down and the 3 and 5 minute charts white candles hitting the upper bollinger bands as an entry point for the stock to continue pulling back from its 5 day run up. Although my trade is currently down 1.45 from my 1.75 purchase if I’m correct and SWN pushes down a bit further before hitting its big trend I should sell out at my planned GTC order of $2.50. That is my goal at least. If I’m wrong about the direction Monday I should sell out as soon as possible, but I think SWN has a higher likely probably chance of pulling back more since it’s close on Friday was below the high close of the week on Thursday. It created a long wick (bad, becuase that’s more bullish with about 10 white candles during the smaller minute charts) created a T like wick. Since it did close below even with my option price moving down with the negative pessimistic news in the markets it should help sell off some more from the past days decent news.
My order details:
Friday @ 1:23 PM
Description: SWN MAR 55 Put
Stock: SWN at 59.49
Action: Bought To Open
Quantity: 5 contract(s)
Reg Fees: $0.00
Net Amt: $889.95
Another trade I’m looking at is NTRI earnings on Tuesday FEB 19th. If NTRI moves up into the close before earnings I will likely do a $100-200 trade going through earnings playing CALLS. This stock has NO reason to push down further because even with less growth because of diet drugs, it’s growth in general should still increase. It’s growth to earnings ratio is extremely low. Personally I think if NTRI gives any type of surprise people that dumped the stock might check it out again if it proves even some type of growth and limited losses.
February 16, 2008 | Categories: 2008 SWN MAR PUT, earnings trade, ntri earnings, Nutri Systems Inc, real option trade, southwestern energy, swn | Tags: MAR put, ntri earnings trade, nutri systems, real options trade, Southwestern Energy Company, swn | 4 Comments
Human Resoures – Not an easy job. Stocks – AAPL, SWN
Recently I’ve just started a fasttrack college course for an upper level Human Resources class. HR is much harder then I expected. I thought it would be cake! I give HR people much more credit now having to understand all the laws, rules, and regulations on hiring and planning your workforce. Being an HR takes brains I do not have to spare.
For stocks AAPL @ $138 has just been waiting for something to make it move. The news of its 1 millionth iPhone sale is good news to my options which are now in the negative again since I did not sell them when God gave me the choice to up a couple grand. I’m going to stick to my guns about AAPL stock moving much higher. I have to admit the $10 g’s I put into the options can not lose since that money is needed for another mobile home park I’m interested in buying. AAPL currently has a strong upward trend and I count on it to move much higher into Oct if more, many more, iPhones are sold. It’s a hot product and with the price reduction it should sell much more because a new “i” trend product. I’d like to make $20 g’s on AAPL options move the initial $10 g’s out into my escrow for my down payment and use the profits to buy more options. Another stock moving right along which has 100% broken it’s downward trend is SWN. SWN @ $42 now is steadily moving up with new $80 oil highs. Historically both stocks AAPL and SWN and NTRI have moved up end of August into October.
Currently I’m in “C” school for my military rate. It’s awesome. I’d really like to live the college dorm life even in my 30’s. Good food, exercise, computers labs, and young beautiful women. It doesn’t get much better then this. I feel so relaxed and no stress bothering me except getting business deals completed and selling out of stocks profitably.
So far I was wrong about SWN options since I bought them way way too early in Aug and now in Sept they will expire when the stock is just started to move up the past 6 days.
My NYX options that end is Sept have no chance since the stock is so hated. NYX should be a powerhouse and maybe one day it will be trading very high, but for now it doesn’t move past the $80’s.
I’m keeping an eye on NTRI which has moved down to $48 and now strong up into the $55’s. RIG @ $105 is still in the .31 PEG. Unbelieveable if you ask me.
September 14, 2007 | Categories: 2007 option picks, 2007 stock picks, aapl, AAPL Analyst, AAPL stock report, apple computer blog, Apple Inc., Apple Inc. (AAPL) fan, bad trading, buy AAPL, NTRI, Nutri Systems Inc, Nutrisystems Inc., NYX, NYX stock chart, PEG help, PEG score, South Western Energy, swn | Leave a comment
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
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