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.

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.

Rolling kids Abounding Brokerage accounts

*Rolling kids and Abounding brokerage accounts - HEELYS !!!!!!

Want to gift something that your kid would cherish?

I got three answers

1) Heelys

2) Heelys

3) Heelys.

Mark my words, your kid is gonna love you like never before !!!!!!

Show this photograph to any teenager and ask what he/she sees.

The reply would be a shrieking “HEELYS!!!!!”. Don’t even expect him/her to pay attention to the hot gal and her sexy legs.

NOTE: Teach your kid how to ride them, before you leave them on their own. Don’t let him get bruised!!!

The latest craze among the age group of kids to adolescents has come public last December and has been rocking the market since then. Rolling Heelys to the hot IPO market earned the investors gazillions, jumping a massive 62% on the debut!!!!!!!. Closing price on the first day of an IPO was 32.60 after it came public at a raised price of $21 from the expected $17-$19. In minting money for the investors in 2006, Heelys stands third after Chipotle Mexican Grill (CMG) and MasterCard Incorporated (MA) in the year 2006.

Positive analyst action rode it up a few bucks to $38-$39 levels and that drew a huge short interest thrashing it down to $28 even after a blockbuster earnings report from the company. The Net income for fourth quarter Dec. 31, 2006 increased 700 percent to $11.5 million from $1.4 million a year ago. Earnings per share increased to 44 cents per share from 6 cents per share in the prior year period.

The big drawback came from the earnings report where the company did not care to provide any future guidance, which the market values heavily and decides on what price the stock should trade at. But realising the mistake, the company took part in the Bank of America consumer conference in NY and took a questionnaire and responded better than at the earnings report.

I want to make some points here:

1. First and foremost, the earnings blown out..not even a single analyst fore casted the earnings Heelys made.
2. Exceeded analysts consensus forecast of $0.28 per share by a HUGE margin.
3. People thought it is a speculative play… but considering the rate at which the earnings are growing…. I got some serious question to the bears and shorts!!!!
4. They are growing at over 300%. (The most pessimistic assessment would be a 100% which itself is a huge run)
5. Considering a $1.44 ( minimum ) earnings again, at a 30 multiple (very minimal for a stock with such banging growth) should at least have us at $43.2 !!!!!!!!!!!
6. Even if you are very pessimistic and consider having just a small growth and expect it to make a $1.6 per share and a 30 multiple will put you at VERY VERY conservative $48 ‘right now’.
7. I accept that may be Mike Staffaroni should have given us much better insight into the future considering the investors like us. I think that was the only mistake and I love what I heard at the BOA conference.
8. Do not forget the number of patents we have under our belt !!! Am I correct if I say 48.

9. Around $30 and EPS of 1.44 a P/E multiple of around 20 looks like getting Heelys shoes on bumper sale for Thanksgiving….LOL

10. Last but not the least they are not fad and they are also expanding their collection.
I would like to see a couple of more analysts starting off with a buy or overweight untill we get to a 40 multiple.
Guys hold on ….Load the truck (in crammer’s words). Get ready to go on a world trip once you press the cash register, not before an year from now. I am going against Crammer on this stock (though I respect his show).

I reiterate I’m not going to sell my bunch atleast untill they miss one quarter’s earnings by more than a dime.

See what other’s think about this stock?

IT IS CHEAP VERY CHEAP MARK MY WORDS AND GET IN.

BUY BUY BUY

Please leave your comments and sentiment.