Shorted 6300 shares BIDU at 375.18… This…
View the full post on Jack’s blog…

Blian, I don’t mean to intrude your site with my needless scalps. For completeness sake, I covered 4500 shares at 365.81 which I shorted on Dec 3, 2007 at 380.79. Team, be advised that the shares are a bit oversold on the hourly and daily charts.
EDIT 2:09 PM (Blain): No problem Jack! Readers, [...]

Shorted 4500 shares of BIDU at 380.79. The shares have surged significantly on low volume from 328. Because the market is up nearly 590 points since Monday, a pullback will take BIDU with it. As always, I have a pyramid in mind in case the shares decide to go further north.

Wachovia Director, Lanty Smith, has added another 37,000 shares on Wednesday (11/15) after an initial purchase of 100,000 shares. Since the end of August, Smith has purchased almost $8 million dollars of WB at prices between $38 and $48 a share. Smith now owns 220,000 shares of the bank.
Peter Lynch famously once said, “There are [...]

Ladies and gentlemen, I Initiated the following position today:
Bought 6 blocks (60,000) of AMD at an average price of 11.32.  To hedge the shares, I decided to use a combination of “out of the money” and “deep in the money” Dec calls.  Thus this strategy is termed the “covered called” strategy where the calls’ premium will be provide a [...]

To make serious money, you must have the tenacity to go into sectors that everyone is abandoning.  Retail and financial stocks have taken a beating in the past 4 months and continue to make investors very nervous.  That said, several stock pick strategies offer good long-term return:
A.  WM:  I have been monitoring the shares since [...]

NTRI is looking attractive as it continues to test new lows. This will pressure the short float (greater than 53%) to cover and lock profits. As a result, shares will be bought back and the stock will surge. It is beyond me how punished the shares have been since the announcement of [...]

Folks, JCP is noteworthy of your attention…. Today, I scalped (intraday trades) it 33 times in ranges of 12 to 25 cents.  The stock made an intraday 52 week low of 43.40.  For those looking to establish a “buy and hold” postions in retail, JCP jhas been beaten from 68.00/share.  I recommend buy the underlying [...]