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.

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.

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

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.

*Crime is a BUY!!!!! (CXW)

How abt getting a prison play!!!!!

Corrections Corporation of America owns and operates privatized correctional and detention facilities. It also leases three correction facilities to third party’s.

The company is the fifth largest corrections system in the nation, behind only the federal government and three states.

It has a P/E of 34, and a PEG of 1.8. Its revenues were up over 52% year over year on a revenue gain of 11.5%.

Rated a BUY - ‘A’ at thestreet.com

Rated a Buy ‘1.2/5′ on analyst recomendations

It has 4 ‘Strong Buy’ ratings and 1 ‘Buy’ rating according to Bank of America ratings.

It had a great run. Nearly 90% increase in stock price in the last 12 months.

BUT, But, we have a split coming up this month ending. GO ahead guys get some before the split. We smell another big run up.

Never missed earnings and mostly beat the estimates by a good gap.

Private prison operator Corrections Corp. of America announced a two-for-one stock split for shareholders of record on June 29.

The split, payable July 6, will increase the number of shares outstanding to 123.7 million.

Wait for some consolidation in the market and get into this invisible bomb before 29th June. This will be one of our long term plays…No flipping here This is a growth play…not a spec.

Split was annouced when the price was $63.5. So, we can assume there was no big run up just on the speculation for the split. Looks lie safe here tooo. But just look to get in any where around 63-64.

Good Luck.