Thursday, March 13, 2008

Markets fought its way back from 235 down to +35 !!!

Markets showed a major resiliency by erasing entire 235 Dow points to close plus 35.....

What Carlyle took it away ...S&P projection of a finality in writedown gave it all back & then some......

Markets are now believing any scenario which gives solution to current credit related issues...

In my portfolio :

Sold QQQQ & booked a gain of 1.6% in an hour.......

Bought NVDA cost $19.23......

My portfolio is :

CSIQ,CMED,NVDA & RIMM.......

CSIQ rating 100/85 target $22.83

CMED rating 100/45 target $41.93

NVDA rating 80/85 target $21.86

RIMM rating 60/45 target $111.06

In other stocks :

JNPR rating 90/45 rated for "breakdown" @ $24.85 with a target of $22.94...IF NOT 1st UP target is $26.52

TOL rating 65/75 target $22.25

DUG rating 50/95 target $43.15

Strong stocks were LDK on massive short covering on secret analyst note to client on 7.5 million shares UP almost 24%...or LDK has agreed to do investment banking of convertible with PJ/GS..imho

Other strong stocks were ISRG,MA,TSL,GOOG,POT,AGU,MOS,GS,AAPL,
ICE,NYX,NDAQ,LRCX,WFR.....

BLOG does NOT give buy or sell.

Saleem

11 comments:

Troy House said...

Saleem, where did you get that LDK information from... you think the stock was not up on the 2008/2009 sold out news but up due to some secret deal? please elaborate...

Stocks100 said...

Hi Troy,

News from LDK was known for some time & nothing was working....

So what changed today all of a sudden......

It IS always the DEAL.....for investment banking.....

Give it few weeks ..then you CAN look in rear view....

Of course it IS all my opinion based on past experience.....

Saleem

minaccess said...

Hi Saleem. Nice CPI number. Market was nervous before the CPI with futures looking bleak. The morning looks bright. Have a good day.

Stocks100 said...

Hi Minaccess,

Nice to see "green" in pre-market.

Saleem

madmax said...

SALEEM

My friend--You made some excelelnt stock picks
they are GREEN-- Hurray RIMM had news release that it will be several yrs before AAPL will offer RIM type business applications!! Fast Money claims up and away
My GS nad RIMM have a ways to go before I break even.

Could you further elaborate on LDK ideas--I sold at a huge loss all excepet 100 shares yesterday! The pain was to much

Madmax

madmax said...

SALEEM

CMED is on FIRE

Do ya think it will ever got to my purchase price of $56?????

Troy House said...

LDK has reversed the trend, get in before its too late...!!

madmax said...

TROY

I was mistaken I have 300 shares of LDK

Any idea as to why is in on FIRE today

Good luck to all
M

Troy House said...

madmax, option expiry plus it has been undervalued for long time now and maybe the money is flowing in solar.

But for LDK, take a look below all the contracts signed, you cant keep this kind of company down for so long:

List of contracts signed by LDK + Values

August 2007 - Chuan-Yi Investment Corporation – 516m over 3 years
August 2007 - Neo Solar Power Corp – 495m to end 2009
September 24 - 1 GW of multicrystalline solar wafers to Sunways over a ten-year period starting in 2008 - 1.6bn est
September 27th - Mosel Vitelic, Inc - $190m for 5 years starting in 2008
October 3rd – Solartech $224m over 5 years starting 2008
October 10th - Chinalight Solar – 3yrs starting 2008 – $138m
October 16th - Solarfun Power Holdings – 2008 to 2010 – $280m
Q-cells - $9bn Est. + an option on any further capacity LDK develop.
16/jan/08 - Neosolar at 500MW. Est. value $800m

Get in before its too late....!!

madmax said...

TROY

I agree
Thanks so much for the news
M

Stocks100 said...

Hi Madmax,

Sorry for the late reply....was busy following this crazy market.

Yes....hold on to your CMED...it has a very good chance to meet & exceed your purchase price..but you need a 12 month time horizon...

Saleem