Posted by Jack Haddad on January 19, 2008 at 11:52 am
Team, AMD reported 4th quarter earnings last thursday. That said, There bevy reasons to be optimistic about its future prospects as the shares have been severely oversold.
CFO Robert Rivet said the company shipped “close to 400,000″ quad core units. That number is double that of the 1st quarter of 2007! Theyre continuing to execute their volume […]
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Posted by Jack Haddad on January 17, 2008 at 12:53 pm
Covered 1 block at 265.74 after shorting yesterday at 303.74. The market is extremely oversold. Prepare to hear about funds imploding very soon.
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Posted by Jack Haddad on January 16, 2008 at 2:28 pm
The move in Intel (INTC) is overdone. The stock is now down 25% in the first 11 trading days of 2008 on huge volume:
Take a step back and think about what they said yesterday. They fell short of expectations - but they still made a lot of money: $2.3 billion in fact. Today is […]
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Posted by Jack Haddad on January 16, 2008 at 12:29 pm
Shorted 1 block of BIDU at 303.74. This stock is overvalued by EDIBTA fundamentals. The stock has not closed below 300 since the NASDAQ was above 2580. that said, the shares have not discounted the loss of 7% in the index. therefore, I’m betting on a slide. As always, I will […]
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Posted by Jack Haddad on January 16, 2008 at 12:13 pm
Bought 20 blocks at 19.97, and wrote 2000 Jan strike 20 calls at .29/contract to hedge the underlying shares. I feel this is a good dollar cost averaging infliction point after selling a large block several days ago. This play ensure me .29/share times 200,000 shares, a return that isn’t bad in 3 days remaining […]
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