Thursday, July 26, 2007

The Only Thing I'll Recommend BUY KRAFT Stock or Write some August 35 Calls

Buy some Kraft, have a limit order at just above $32. Buffett gets in and the stock drops? Is that a correct statement? Today's drop was not coz of buffett, it was a whole RED day, and they lost that Canada Ruling.

That's just temporary. Look at the August 35 calls. WOW.

Get some calls on these red days. Get some August 35 calls just around 50 cents

48000 calls won't go washed offf...Remember that....48000 * 100 = 4,800,000 shares won't be let go into the GUTTER.

Smoke'em if ya have them.

Good Luck,

Your Adarsh.

www.youradu.wordpress.com

www.yanews.blogspot.com

WOW Huge dips!!! BUT DON’T BUY ANYTHING - YET

Read the post completely before you buy something!

Wow who wants (Caterpillar inc) NYSE CAT below $78?
Who wants (Conoco Phillips) NYSE COP below $82 after that block buster earnings?
WOW (Corrections Corporation ) NYSE CXW is around $28. What a great buying oppurtunity here? It reports earnings on Aug 6th. The Only time they missed estimates in the last three years was 2nd quarter 2005. Talk of something much cooler! BUY THIS ONE ANYWHERE BELOW $27.5. That's a screaming buy.
Steel has fallen off the cliff. When is it getting caught?

Nucor NYSE NUE has dropped, exactly 22% since June 1 st. Does it deserve that hitting and kicking in the butt? I'm not holding NUE now...will buy on some suppor. BUT this one in the steel sector has fallen the most of all. Did you listen to their earnings conference call? I think NUE is going higher. Look at the chart for yourself and decide whether to buy it or not. Oversold, bollinger broken, -36 millions (sold)accumulation, stockastic at .14. Technicals scream buy,buy, buy..but I'm holding a little more to catch the bottom.


Bottom Line: Most stocks are down and look like good potential buys. But they really are not YET. Hold on for sometime and get one of these at their bottoms. Keep away from the screens. Don't BUY ANYTHING - ANYTHING THIS WEEK, EVEN IF THE MARKET IS UP 200 POINTS TOMORROW. It's coming back again to 13300 by next week to take the resistance around that area.
Go to a beach this weekend and enjaay the sun.
Visit http://www.yanews.blogspot.com/ to have a little laugh with my news coverage.
Your Adarsh.

(AMEX)KOG jumps and keeps running higher - on a down day

AMEX: KOG What else? The small one that’s been worrying most of us. Though, we knew it has higher potential.

KOG - UP 8% from yesterday at $5.02. Take some profits. and run rest higher.

Our average price is at 4.37 (huge order) and few just below $5. Average a touch lower than 4.5 .

Profit of more than 11% if you want to pocket it now!!!!!

Congratulations.

Your Adarsh.

www.youradu.wordpress.com

www.yadarsh.blogspot.com

www.yanews.blogspot.com

Wednesday, July 25, 2007

My Exclusive Interview With Mike Staffaroni - CEO Of Heelys

I told you all guys, that I’ll post the call that I had with Staffaroni today morning. Here it is ….

We had a couple of misses before we could catch each other. I appreciate Staffaroni that he took time to call me thrice. We missed each other twice.

Staffaroni: Hi Adarsh, Mike Staffaroni from (NASDAQ:HLYS) Heelys.

Adarsh: Hey Mike, we have been playing hide and seek for some time now. I appreciate you taking some time off your schedule to gimme a call. Thanks, first of all.

Staffaroni: That’s my pleasure. Always open to investors.

Adarsh: Mike, I don’t want to eat up a lot of your time. So, let me directly jump into the matter. Can you please touch base with me about how the national marketing is going on?

Staffaroni: The US marketing of Heelys has been doing great. We started the television advertisements last year. And we are going to have Back to School advertisements from the first week of September. Things are working out wonderful as planned in the United States.

Adarsh: Mike, then how is the international marketing growing?

Staffaroni: We have been very healthily growing both into UK and other European countries. Europe has welcomed Heelys with open arms. You must have noticed our recent hire Neil into the company and it has been working very well. Our International Marketing is growing much higher than expected.

Adarsh: Have the concerns on Marketing Strategies gone down?

Staffaroni: We have been following ‘Distribution Channels Strategy’ since long. We have subsidiaries that We have these distributors who sell to the retailers. This strategy has been working out quite well for us.

Adarsh: Mike, I see a lot of countries that you have ventured into. But I see only one location in China and not even one location in India. Don’t you think, these two countries, with huge populations, would provide you with much higher returns? Don’t you think they are cash makers?

Staffaroni: Though, the population is higher, we as a company look at the average household income there. The average house hold income there is much less and that actually limits the margins we can have for the inventory sold. Moreover, the problems with the falsification of the product has been on the rise. Though, I should make a special mention that we have had modest success in eliminating the piracy. But, let me tell you that this is not a problem just with Heelys, most major brands are facing it now and are striving hard to fight against piracy.

Adarsh: Any venturing into the apparel market? If you are, what type, Sports wear, seasonal or Normal wear.

Staffaroni: We have started T-shirts, bags and other apparel wear as a test phase last year. This is still in the test phase. Recently we introduced some more apparel model, but let me mention it again, we are still in the testing phase, and it won’t account to a lot of revenues to Heelys. Our major revenues comes from our wheeled footwear. Let me also mention that we are having a TRADE SHOW next week in Las Vegas. We are introducing our first non-wheeled footwear there. And we opine we will get a very good response from the consumer. We are planning every thing long term at least 3-5 years.

Adarsh: Mike, I’m know it is difficult, but do you have any comments on the recent stock volatility? What is Venture Capital planning to do with the stock sale they just canceled?

Staffaroni (laughs for atleast 5 seconds) : Adarsh, it is hard to predict the market and how or why it reacts in a certain way. Venture Capital, has been with us for a long time. They financially benefited from the growth of our company. They had these 9 million shares at certain price, the stock price ran higher and created an imbalance in their portfolio. I think they wanted to lock in the profits and have the same amount of stock financially in their portfolio than numerically. It is common that a money manager would like to take profits if he makes money some where. But the market looks it some other way. I personally do not have any comments on it. Nothing fundamentally has changed.

Adarsh: What do you comment on Heelys growth?

Staffaroni: We do not want a spiky growth in the company, we want the company to grow modestly, and have a sustained growth long term. We don’t want to outperform the market one quarter and then under perform the other. We want to be performers.

Adarsh: Have you zeroed into when you are going to release the earnings this quarter?

Staffaroni: We have not yet decided on the date and time. We will be doing that in the next couple of days.

Adarsh: Mike, I see that the company has a lot of cash at hand. I also see that the stock price has fallen from the high 30’s to the low 20’s, a fall of around 40% in a quarter. Do you think it is a right time to buy back some of the stock?

Staffaroni: Adarsh, we follow the distribution marketing strategy and we think we need some money at disposal for a growing company. We have now put our apparel into test in the market, and we think we’ll hold on to our cash. We are not planning on any buy back as of now. But you never know. May be we will announce in some time. (laughs)

Adarsh: (laughs) So you want to keep that speculation on?

Adarsh: ok Mike one last question. Is Heelys up for sale?

Staffaroni: (laughs really hard ) Heelys are selling in a lot of retailers if you want a pair. (laughs) But if you talk about the company, we are not going to sell ourselves. But, you never know, if we get that opportunity, and it is good for our product line, may be we’ll be up for sale!!!

Adarsh: Mike, wow that was a great session with you. I really appreciate you taking off some time from your busy schedule and calling me.

Staffaroni: That was actually a good time off with your call. We are always open to your queries.

Note: Guys this is the interview. I did not record the call. So, I am not very sure, whether I could bring back the same comments. I can say that the meaning has not been changed. I expressed the comments in my words.

FYI: I am not a licenced broker or a stock adviser. Invest or make your decisions on your own. I just make my recommendations to point people to stocks that have good prospects.

Hope that helps,

Your Adarsh

Holy crap AAPL fuc*s ’shorts’ on the street

Holy cow. We win again. Who said you can’t buy APPLE high? Hit them with your profits.
(NASDAQ:APPL) APPLE goes higher even higher.



We hear shorts planning to attack this guy (we don’t know him;)) today evening for running the company that well.


This lady never listened us when we said please buy it don’t short it .
She is on her way home. Hold silence for a minute for her.


We asked many to buy/hold when the stock was above 140 last Firday invited a good amount of criticism. But there you go. We are at 150 now. More than 5% profit. But are you selling here?. Think twice. Here is the recommendation we made on Friday. APPL and BIDU killing ’shorts’. Think twice before you short good ones. That’s the lesson.
Always check http://www.youradu.wordpress.com/ and http://www.yadarh.blogspot.com/ before you make some trades.


We won with GOOGLE , we win with AAPL. We will win many others. Just keep in touch and keep winning.
FYI: By the way we are not buying Google even if it hits that $500 mark. We are waiting for the 484 mark.
Good Luck,
Your Adarsh.

Critical situation in New York - Apple and BIDU culprits

New York, NY (YAnews). 7/25/2007: Reports indicate that NASDAQ AAPL had to be halted from trading, after two brokers reportedly were fighting each other shouting sell, buy sell buy and eventually landing punches on each others face on the floor of NASDAQ. The security was quick to take action and separate them both, but by that time both were severly injured. Mr.Mike Puncher, had a bleeding nose and Mr. David Kicker had a bleeding mouth. When one of our bold erporters asked the cause for the fight, David kicked the reporter who is still not showing any signs of recovery from the punch he got.
Trading finally resumed at 4:50 PM EST, and soon AAPL announced results and one broker went wild on the volatility of the stock. The stock ran down to 134 soon after the release of very good numbers from the company. The borker reportedly threw his IPhone saying FU** you Thain. Why coudn't you sell more iphone. The Iphone flew all the way to the big board and it made a crack on the screen and the screen went blank instantly. This caused the remaining brokers to form into two groups ...all fighting each other instead of trading the stock. NY SWAT CATS had to take positions in NYSE and the situation had been brought back into control.
Latest reports indicate the stock trading up again fearing more aggression from the traders. Rumours say that Thain and all other board members were buying loads and loads of stock while taking the conference call.
Stay tuneed to YAnews for more updateshttp://www.youradu.wordpress.com/http://www.yadarsh.blogspot.com/

Massive heart attack on NYSE - BIDU earnings-The CULPRIT

New York, NY (YAnews). 7/25/2007:
Numerous online traders were found staring at their computer screens going wild after hours on Bidu’s quarter release. Our news reports indicate more than a few hundred froze seeing BIDU jump higher than 40 bucks. One broker had a massive heart attack and was taken out of the exchaneg saying that was an error at the board.
No one was killed YET. Looks like one of our cameraman, staring at the Big Board at the NYSE had severe cramps and was rolling on the floor. Luckily the reporter had a bunch of keys in her hand and reports say he is fine now and is being moved to the nearest hospital. In California, reports mention, a traderwho was ’short’ BIDU since this morning went crazy and was caught running on I-5 barefoot to reach his brokers office. He was soon moved to the nearest psychological doctor.
Keep listening to YAnews to get the latestupdates. Good Luck with your investments.

Please don't leave life on investments.
Your Adarsh newswire.

Tuesday, July 24, 2007

How about some positive news on TERAX??

I just talked to Stephen Taylor from Taylor Capitol,on the phone. He says they are waiting on the NASD, to approve of the ticker change and Westar going public with Terax. It seems that once NASD approves, they can go ahead with the change and announce the dividend.

I have posted a part of the call here which might help you guys.

Adarsh : How long do you think it would take to get NASD to complete the review ?
Stephen: We should have gotten the information by now. We are waiting on NASD to intimate us about the review. The management is expecting to receive a notice today or tomorrow from the NASD.

Adarsh: Does the company foresee a price movement after the dividend is paid out? When a dividend is paid out, usually a stock goes lower by that amount? Do you see such a thing here?
Stephen: Management does not see price going any lower or dropping the dividend amount. Management sees the stock price going much higher taking Westar’s value in the company now.”

Adarsh: Do you foresee any problems or intricate situations that might lead into taking up some more time?
Stephen: When the NASD, review a ticker change they verify certain information. If they are not satisfied with what the management sent them a few days back, they might get back to us asking for some more information. But that is not a negative news, even if it happens. Such things are common. We would have to just go forward and send them an updated documentation fulfilling their needs.

This is a small part of the interview. Hope this helps. Have a call with another company today afternoon. WIll post that l8r.

The only thing I was worried was whether to load here on a small dip may be around $3. I think we can load it here too. What do ya guys think. Post your comments, or leave offlines on meebo. Do leave your email id’s for me to contact you if you are leaving an offline.

Thanks,

Adarsh.

Sunday, July 22, 2007

Why not get some Apple here?? Isn’t it clearly going to $180?

Is that the next biggest mistake in the trading world I am thinking of? Did I already forget what happened to GooGle post earnings, which by the way we played out excellent!!

So why am I thinking of getting some apple here? Is it just because somebody said it’s going to $200? No not just that. Though, I have my small core position built in Apple, I did not want to recommend it to people to buy after 60% appreciation in the last 3 months. But, is it a credible statement to think a stock won’t appreciate more coz it already is up 60% in the last three months? naaaaaa..

So, what do I base my statement of getting some Apples here?

Look a the future. What’s APPLE getting for its innovativeness?

I am not going to mention all the factors that have already been mentioned by many people/analysts like the bucks APPLE gets every month on every Iphone, or the number of iphones APPLE conservatively expects to sell, aaaahhh u all know that. Don’t you?

I’ll just say the numbers AAPL puts out that they want to achieve will obviously be conservative. That’s what keeps it a suspense for their earnings report to be released. But don’t you remember when lately AT&T reportedly sold all the iphones?

Ok lets think it this way,

What if AAPL falls below the expectations with the iphone sales? Do you really have in mind that APPL issued Q2 guidance below analysts estimates??? Don’t you remember what happened in 2004 DEC when they fell below expectations? What happened next was analysts decreased the numbers, and then AAPL took off on surprise earnings!!! Check the history out for what will happen if we miss the expectations! It won’t even be as hard as it was on Google, coz APPL’s future, at least for the coming years , based on the news released out till now is damn rosy. What if we really get the low price smaller version of IPhone as planned by 4th quarter this year as reported by JP Morgan!!!. I personally was not impressed that they did not save that news for the earnings report. I personally would have appreciated, if that news was released during the earnings call, to see a pop as when the iphone was show cased in the earnings release this January.

Having said everything, I want to confess that I wanted to buy it on Friday, coz I knew it’ld be under a lot of pressure on the options expirations. I had my limit order at $140, but looks like it was there only for a nano second and my order did not get filled :(

I don’t want you to chase, I’m damn sure we won’t see a RED day before the earnings and a good jump up on the earnings report with good expectations on the future. I want you to be in the boat as soon as possible. And as I opine it will just go up, I want you not to wait till the earnings day.

I am changing my limit order to 141

May be you are thinking isn’t it a risky play. I look at the upside/downside ratio before posting recos. Upside is atleast a pop to $180. Downside is a drop down to $130, which is not at all realistic after the GOOG trade.Why? Because, most people will now step back from trading APPL after that jolt at GOOG. That eliminates most traders.Most holders would be longs on the boat, who will by the way invite a lot of momentum players on to the boat after the earnings release…. or at least during the earnings call riding the price higher. To increase that $180 target I want Thain to say something positive about the other sales with macs, ipods and music tooo.

The mac books, ipods, iphones, what’s next?? That speculations should not be spoiled and we run higher and higher.

Hope this helps, don’t forget about my limit at $141. I know I’ll get most offlines on this one saying I’m wrong again, as I got with GOOG, the other day!!

Your Adarsh

PS: If you leave an offline on meebo to me, pls leave your email or at least your meebo id, so that I can reply. If you just post your question there, I won’t be able to track you down, coz you are there on a guest ID.

Thanks,

Adarsh
आदर्श

Thursday, July 19, 2007

GooGle’s being dumped after hours. We win again

As mentioned yesterday that we’ll get out of the boat just before the earnings worked very well. We sold off today at $550.76 where the 14 -3 day raw stochastic was at 80%.

Quick glance at the earnings.

Net income per share diluted decreased from 1st quarter
Three months ended March 31, 2007, Non- GAAP was $ 3.68
Three months ended June 30, 2007n Non- GAAP was $ 3.56

We’ll be looking at the 520 mark. If that’s broken we are down to 494 and then to 480. The earnings conference call should tell us where to start buying. We are now looking to buy back our shares at around 494, and then some at 484 and 460.97 Those will be our trades if everything goes well at the conference call.

Good Luck,

Your Adarsh.

Wednesday, July 18, 2007

Latest Updates on the trades. COP, CAT, APA, MS, KOG

Initiated COP on Monday at around $86.5

Still looking for a better pull back in CAT to get in. OR did we miss that boat. Our order is lurking around 83 and change.

Bought a full position in APA on Monday at $85.2. Look at this article from one of the street.com writers. Guided to me from one of the stockpickr friends. This is a wonderful piece of work by Jubak

Sold off Morgan Stanley on Monday just below $73. Will start a fresh position after the sub prime clouds clear. Please stay away from financials at least for till the mid next week. DOn’t jump in even if you see a little upside from these level before the mid next week. That may be the OE expirations effect.

A major KOG limit order went off today, which I actually thought would never go off. (Was I lucky here….Looks so at least for today) The limit BUY order at $4.37 where the 14-3 day stochastic stalls went off today and the stock took off since then. Look for a good upside in the coming days. KOG position completed. Not buying even if it drops a little more. I guess this is the bottom. Did you get a chance to look at the conference information?I still stand by the initial comment that KOG is a stock that is worth more! Don’t press the panic button, please.

Rick, Diana, Alan, Kishore, Henry, Vishwa, Lee, Sandeep, Prashanth and Andrew hopefully you checked your email in the weekend and placed limit orders for APA, COP, KOG and MS. All the three would have gone by now. Congratulations. The next plays will be on GOOG, CXW, NYX and CAT.

On the earnings play we are not playing earnings on Google tomorrow, we’ll be looking to get rid of the few we own tomorrow on any upside. Do you recollect when we bought them? Our average is around 500. But we own only 50% of the position we wanted to buy.:(

Your Adarsh.

Tuesday, July 17, 2007

AXP pays off (Swapped Discover for American Express)

We traded Discover for AXP, when discover was spun off from Morgan Stanley. We also built a position in AXP when it went lower on July 2nd.

Our buy/swap recommendation that was made on July 2nd when the stock was trading at around $61.5 can be found here.

Our full position averages around $60. Today’s upgrade from Goldman Slacks ;) paid off well. But, we are holding onto play this quarter’s earnings, when other analysts would upgrade it to take it high, higher and higher. And then we get out sneakily. hehehe Forgot to mention did you collect the dividend (penny and a dime) ;)

Snitzell out, if you were into this very short term. But we are holding on tight to this one atleast a few sessions past earnings.

Congratulations, if you bought AXP at $61.5 on our recommendation.

Your Adarsh.

Friday, July 13, 2007

Speculation on NYSE’s stock price post acquisition.

The market has been on a spree on the M/A activity. Many speculations, many rumors running through the whole market. One of those comes from the Exchanges sector.

New York Stock Exchange acquired Euronext lately and has been on a tear DOWN in the stock price since early this year. It seems to have found the bottom at around $73, nearly a 30% drop from it’s year high. The lower stock prices, bullish comments from some street gurus and analysts, and a smooth integration news with record trade volumes on the merged NYSE-EUR (NYX) gave the stock a little squeeze and boost since the last fortnight. We have speculation going on here with Thain looking to dig into futures.

This lets traders speculate on the stock price going forward. Many opine that paying a premium actually diminishes the acquirers value in stock price. but is it always true? Here is my opinion. Please feel free to comment.

Paying a premium doesn’t matter. Acquisitions automatically involve premiums. It is kinda intrinsic. Can you recall an acquisition without any premium. If the market now values NYX at 83…that will be taking into consideration that we’ll be paying to NMX or ICE or whatever for that matter. We do not have debt at all. In fact we have cash. It is no wrong that we use that for an acquisition. There may be a slight drop in the stock price but that shouldn’t be big.
Can you recall any analyst or any body from a big firm saying that an acquisition will be a negative? It was just individual investors speculaing that there would be a drop to 65’s 60’s etc. I don’t say that we won’t have a drop. But that won’t be a 10-15%. We are not going to drop back to those 75 levels, IF we acquire. May be we’ll drop if the fundas change. The street just recognised what it has been doing with NYX, after it watched CME-BOT merger.
Let us see it with the earnings :
If we acquire NMX :
Our 2008 EPS would be :
NYX - $3.37 (which will be revised more than once in my view after analysts recognise what exactly Euronext brings to NYSE)
and
NMX - $3.65
The total would be more than $7.
Give it a P/E of 30. What do we have here ? A stock at 210.
But let me tell you that not one exchange is trading at a P/E of 30 now. The lowest is 33 and the highest I could find was around 65.
Take the average and apply that for NYX (for sure I think we’ll have a name change ;) 49 P/E would give us 49 * 7 $301 by the end of 2008.
If we acquire ICE our earnings in 2008 would be ICE - 4.93
Total EPS 8.4
A P/E of 30 places us at $252 and a P/E of 40 places us at $336. Don’t even calculate where the 49 P/E would take us !
That’s consolidation.
All these prices take in that we go through the consolidation without any hiccups. This is only true if the integrations go smooth.
Note: All EPS estimates are taken from BOA Investment Services as of 7/13/2007.

Hope this helps.
Thanks,
Your Adarsh
www.youradu.wordpress.com.

Thursday, July 12, 2007

Buy techs…That are breaking out with strong fundas

LL ABOARD

Technology is the new name. But we buy only fundamentally and technically stonger ones. We buy CSCO. If you don’t like that, go with INTC (Intel) A buy even after today’s jump.

Our reco here is CSCO. We have been waiting to pounce on this baby since the last month. We were waiting on it to break that trading band. The whole year CSCO has been caught up in the range of $24-$29. And today, holy cow, it has broken that officially by closing above that dreaded $28.99. We buy a bunch here, yya right here…tomorrow late morning. Then wait for a pull back, just a little, very little pull back before piling up huge.

We have broken the trading band. We were trading between 24 and 29 all through 2007. Now is the time to load up some CSCO. Any dip and we get in. Has a very good potential to get to $36.

First target before any mentionable drop is 32.5.

My latest reco on google forum.

http://finance.google.com/group/google.finance.99624/browse_thread/thread/9ad9211a1621ae4a

Good Luck.Your Adarsh.

Wednesday, July 11, 2007

Success repeated…brings joy repeatedly

Our core position NYX is playing well this week. It’s next major resistance is at $84, which should be broken this week.

Our latest buy Medicinova at $8.39 yesterday i.e 7/10/2007 has already started paying off.

Did you buy Morgan Staney today at my recomendation. Here is my reco.

Place trades around 69. 69.8 offers good support. Should be the
bottom. We are at a 13 week low of $69.71.
Next resistances at
$70.56 $71.53 $73.24 $75.24(major) $77.82 (major)
Load up MS here.

Our limit order with Heelys at $28.11 went off today. Our trade position averages at $25.3. That gives us a 11% profit in 8 days. We just took a snitzel off the table and will be backing up the truck on a down day like yesterday…if we have any at all in the coming week.

KOG paid off in a day

CXW is taking a small dip. Wait untill the technicals recover and the squeeze starts. Lets buy on that oppurtunity down here.

Congratulations and Good Luck

Your Adarsh.

Monday, July 9, 2007

CAT’s going high, higher and much higher

After a downgrade, the stock comes back to the same price level within a week. Great sign.

Cramer loves it. Just said his new theory of $80 take you to $120 strategy.

CAT earnings call is on July 20th. Expect a run up. Get in tomorrow (not pre-market).

BUY Medicinova (MNOV) Strong Speculative BUY

Though my guru hates pharmaceuticals….I’m speculating on this hot fizzy stock that’s been dropping since its debut late last year. It is down more than 21% since its debut. The recent news on concentrating on two drugs and stabilisation of the processes..has rung the bells.

25% of the stock is held by insiders and institutions. The balance sheet looks clean with 0 debt. The company has not been making any profit and that’s what puts it into the hot speculative call list.

Look for a negative day and get in around $8.35

Good Luck,

Your Adarsh.

KOG,CXW star in the latest win

We bought KOG at $5.08 after the recomendation on Friday July 6th.

One day after the recomendation we hit our 5% profit today.

Congratulations on the profit.

We took a snitzell off the table at $5.33, but our major portion remains to ride higher. Next resistances at $5.47 and $5.63.

Did you take profit with CXW? We took 25% off the table today in the wee hours for $33.53 .

Buy CXW if it holds the $32.17. That is a great support level. CXW has great support between $32.17 and $31.79 Load up if you see it moving higher. We are ready to buy more on dips here.

Took 5% profits off CXW and KOG today. What about you?

Both can go much higher.

Good Luck,

Your Adarsh

Thursday, July 5, 2007

Our baby Heelys gets another analyst boost - We love that

Analysts at Bear Stearns ..reiterated their ‘outperform with a target price of $35. That is one whole dollar or 4% more than our target price. If it hits their target it sure should hit ours ;)

Our previous posts / recommendations on Heelys….

http://youradu.wordpress.com/2007/06/29/whats-wrong-with-analysts-hlys/

http://youradu.wordpress.com/2007/06/28/holy-cow-we-got-lucky-with-heelys-again/

http://youradu.wordpress.com/2007/06/13/ahead-of-the-market/

http://youradu.wordpress.com/2007/06/21/where-is-the-bull-hiding/

Our criminal BUY is paying off . CXW up nearly 5% since our BUY. Tomorrow is the split pay off and we are sure the rally will continue.

Good Luck.

Your Adarsh.

Wednesday, July 4, 2007

Trade update. (Discover, Morgan Stanley, American Express, Master Card)

We flipped most of our Discover Financial Services (DFS) position with American Express (AXP) on Monday - July 2nd.

DFS sold at $27.9

AXP bought at $61.5

We like AXP better than DFS. Moreover, we opine AXP will has a better run up compared to MA in the second half. Though we like MA in the credit card industry…considering the latest run since May after the earnings report…..we are waiting on such a run from AXP. Counting on AXP to hit back from the latest dip down.

OUR NEXT BET IS ON AMERICAN EXPRESS.

Our core Morgan Stanley continues to go higher.

Good Luck.