No Profit or Loss untill u SELL

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EVCC has been flat since we recommended. Though we have to note we dropped down a few more cents. We gladly mention that we have backed up the truck for the coming news and hope you did the same.

GOOG our biggest dollar pick has dipped to 500 as we predicted and we bought a bunch at that price….though we are waiting for another small drop down to the 475 level before it takes off through the earnings report on Jul19th. Even if it doesn’t drop we’ll make it a point to the community to buy a bunch at a consolidated price. Seeing a huge run..Will probably trade if it bounces back at that 526 mark.

MS has given our short position a good run. We will get discover for our Long position soon and are very happy for the return we are getting DFS* is trading much better than expected …BOOYAH

TEXG …the biggest short term gainer. We have already flipped it twice since the recommendation. It makes a great trade. The latest news is that the debt acquisition by Westar will be done as soon as 10 days with a dividend payment (equal to the difference between 6.75 and the price of TEXG !!!!). We talked to somebody from the company and it looks to give us more. We are now more than a few grands. Congratulations for all those who rode with us.

More posts on TEXG:

http://youradu.wordpress.com/2007/06/08/

http://youradu.wordpress.com/2007/06/21/

NMX our much newer buy is still lurking at the same levels. Though the speculation of the sale is still not completely priced in. Bought at $138.

We also bought a few ICE on 18th June at $153.4, taking its aggressive growth and prospects into consideration. (Also the NYX NMX ICE speculation!) BUYING ON A CRAZY DAY PAYS.

HEELYS…yep it paid us off. We initiated another short term position on HEELYS yeesterday…. Looks like we were a bit too fast in the market….The 10% run down in a single day didn’t produce a positive next day. We are down 5% today…but hey That’ll be another buying opppurtunity as we bought only a very small position at 27 and change. Looking to get few more on a bit more drop. Our research tells it’ll bounce back once the addition of the 9 million shares pending completes…(increase in the floatation hmmmm)

Special Mention : trades at 26 and 25 were cancelled.
Good Luck.

*We eat profit for Dinner :o)

This is an update of our recent picks and how they are doing!!!

Google, our costliest in terms on dollar amount pick

Picked on June 5th at 520. Price Target was 500. It still is showing some resilient support around that 513 level. I still reiterate my buying aound 500 or below, but NOT higher.

If you shorted you’ld be making money by now!!! Did you have the guts to short it as I said?!!!

MS : Picked on June 5th at 85.65 Wanted to buy it around 84 - 85 We got that entry on 6th.

Did you buy it around $84.5???
Todays high around $89 (5.3% profit in 4 sessions!!!)

Curent price $88.5 (around 5% profit)

If I were you I won’t dare take profits and play it back again. You may miss the boat that way. Just hold on for the Discover on 20th.

This one is a great winner.

EVCC: This one has dipped. But do we care about the dip? We only care about the news to be released right? We forget this untill we get the news. We have a strategy of taking profits as soon as the news hits the wire at the top price!!!!! Hold on guys.

GS: We called this one on 8th June. We hold on this one until the earnings report due this 14th. And play this out after the earnings ride. GL

TEXG: Our winner. Hope you get some of these before 21st June. The day when Westar is going to consider your holding to mint you MAD MONEY!!! Aaaahhhh What a day ..A great dip for us to get into. Get in before this resumes the ride before 15th. Does it really sensibly matter whether you get it at 2.4 or 2.2 when you are going to get almost 1/3 the price Westar gets?(min of about $3.5 to max of $6.75)

Good Luck to ya all !!

* Hooo laaa laaa hoooo laaaa laaaa This is WHAT I call is Research

This is what I call research. yaahooooooooo…Another bumper hit…… A trade most of you might not approve of ….. But this has now turned into a gem. yya A REAL GEM. It has suddenly turned down the blood, the last three days have put on my portfolio. I wish I had more of this one. I will be buying more of this even after this one is xxx% more today than it was yesterday. yya guess what’s in that blankxxx. Don’t open your mouth. IT IS 100% . Boooooooooooyaaaaaaaahhhhhhh

I am talking about a small company, a micro stock. I do not remember what provoked me to research on it about five months ago. I remember I was in Houston on a business trip. I was at Transocean, talking to a couple of IT project managers and Transocean management guys. Ironically after the IT meeting we were talking about stocks and companies. We talked about Westar coming public. You know what now. Don’t you?? How will I stop reading about some company that is about to come public which has made a good impression on the management of Transocean (RIG on NYSE), a pioneer and the best pick of that sector. One research page led to the other ..company fundamentals, operations, etc etc took me to a page which talked about the wells, how they work, what happens once they stop working, how costs rise and how companies struggle thereafter, and that took me to a page that talked about my pick. I’m going to show you how this made me thousands, and how it is going to make you thousands now. Yya I like transocean, I love Westar, but I want to marry TEXG.OB (only until the end of this month LOL) yya it is a ob - a otcb stock. Sorry to pick an OB. But, yya that’s what has made me about few thousands in 5 months, and it still has a lot of energy left.

My research on TEXG.OB found that the company had some wells that were almost closed or not working as of then, back in Jan. What is the reason? Company had no money to repair rigs !!!! What the heck? Why is Adarsh wasting my time talking about a company that doesn’t have money to repair it’s operations?? yya that’s what drew me near this bitch and it showed me what to do.

The company owns blocks of oil and gas leases, one covering approximately 11,200 gross acres in the aggregate in close proximity to each other in Erath County, Texas, and one covering a block of approximately 17,200 gross acres in the aggregate in close proximity located in Comanche County, Texas, both of which permit the Company to drill and develop the Barnett Shale formation underlying the lease acreage. On May 31, 2005, the Company entered into a share purchase agreement with Holywell Technological Investments Ltd. and First Finance Limited, pursuant to which the Company acquired Erath Energy Inc. (EEI). EEI’s assets include of approximately 30 oil and gas leasehold interests, which are located in the Erath County, Texas.

It’s acquisition on EEI showed that the company was trying hard to do something, to come out of problems, do something and get the attention of people. After a week or so, I got onto the train. But soon found out that the company was planning a REVERSE SPLIT. Now come on, A REVERSE SPLIT IS NOT GOOD, NOT GOOD AT ALL. My radars went mad, all dials went crazzy. They were blinking, beeping doing all kind of signals. What now? I was down about 25% since I bought. That made me look into what for were they doing this reverse split a big one infact A 1:20 split. I owned around 10,000 then. That would put me with a meagre of 500. The price tanked after the split. People started to sell and run as soon as the split finished. Why were they so mad? What to do now? I’m not a loser. I’m not selling this one on which I spent hours reading. Actually, this one taught me more about management on the oil sector, how it works. This is my teacher. I’m not betraying my teacher! ! ! I called TEXG’s Investment Services to find out what’s wrong with the company. Asked them I thought you guys said “We are reverse splitting to get the attention of the bigger markets, bigger financial sectors, to enable us to market our fields and equipment better” and that sounded to me like you wanted to offer yourselves for sale. He affirmed his stance but did not directly say we are open for sale. He said that they were looking for oppurtunities to work with bigger companies and prove their mettle. What does that mean? Booyaaaah that’s what boosts your stock price. OK then you better prove your mettle soon and make me some MAD MONEY. Kewl satisfied, actually self satisfied on my research I hung up to find an announcment in a few days.

On April 3, 2007, Terax received a notice from the Erath County sheriff’s Department that the 266th District Court of the State of Texas has issued a Writ of Execution directing the Sheriff’s office to recover the judgment amount and any other charges that have been awarded. The total amount of the judgment due is $545,065.94. That is just wonderful. They just increased their marketing arena , and now they have money to repair their equipment and start operations. That is like adding sugar coated icing on a super sweet cake. I love that!! SLURP. That drove the price crazy and I remember selling my little bunch for a profit of about 50%. Now did you see the price action last couple of months? I bought on that dip at around 1.5 and today morning woke up to find the news from Westar. I don’t want to write down the whole news. It’s here take a look. http://biz.yahoo.com/iw/070608/0263705.html

I didn’t have time to read the whole news. Just sold my bunch at around $3.5 How much profit is that?? about $2 a share on and investmen of $1.5 a share yaaahooooooo.

So what do I do now taking the news into consideration that Westar is willing to pay till $6.75 a share for those of record on 21st of this month?? I am buying more , more and more as soon as I get some money into my brokerage account. But before everybody digests the news. I will for sure not let the time pass Monday before I get hold of a huge bunch. I am willing to pay about $2.5 or more.

Good luck to ya alll…yya I know it is a bit long blog ..But this one is our WINNER so why not show some gratitude?

SM: Hope this one tries to offset the losses MPEL has brought me.