Monday, May 5, 2008

Markets are red...thanks to oil ......

Markets are in deep red thanks to record oil prices......

Higher oil is giving boost to all commodities...AGAIN !!!!

Gold higher...

Ag stocks are higher....

Steel stocks are higher....

In my portfolio :

Bought SOL cost $16.20 (corrected)

Portfolio is EGO,PMCS,RIMM,SOL,TSO,TOL.......

EGO UP 25 cents

PMCS down 2 cents

RIMM UP $2.97 only $2.12 from all time high

SOL UP 85 cents ..i am UP 60 cents

TSO down 24 cents

TOL Up 51 cents

@11.22 AM the following are green :

LDK,DRYS,AAPL,V,NTES,SNDK,POT,JRCC,CTRP,ICE,
MA,BIDU,ABX,ISRG,GOOG,FWLT,FMCN,X.

BLOG does NOT give buy or sell.

Saleem

11 comments:

Troy House said...

[LDK] Today 10:23am
LDK Solar Co LTD ADR Ticking higher on renewed takeover chatter

Stocks100 said...

Hi Troy,

Thanks for your report on LDK...

Yes it is undervalued based on its earnings potential for 09.

Saleem

Michael said...

Troy,

I did check the video and checked Mojo website with analysis on many other Solar stocks: STP, LDK, CSIQ, SOL...

He is correct about LDK but not correct about SOL since he said SOL might be pulling back to 11s.

Anyway, I think he did a good job on analysis of many stocks. You have to perform your own DD before buying.

Thank you very much Troy for introducing Mojo's analysis.

I followed Saleem's lead on SOL and bought 500 shares of SOL at 16.

Thanks Saleem.

Michael

Stocks100 said...

Hi Michael,

Good move on SOL.

Saleem

Troy House said...

Just to clarify, I posted video not for any advertisement or I am related in any way, just posted for information purposes only...!!

With any TA or sites, DD is always necessary...

Anonymous said...

Good morning Saleem,

Take a look at GNA, breaking out on good volume. Also holding RIO.

Victor

Stocks100 said...

Hi Victor,

Absolutely love GNA...bargain from all metrics.

Saleem

Troy House said...

Good call with SOL, up almost 10%

Troy House said...

Guys, there is strong rumor about Siemens stake in LDK @ 55/-, this might happen AH, get in if you want to play that rumor...!!

dslnbull said...

Hi, salim ,
whats wrong with C? WEnt down big today.Anything wrong. I am got out at 25.95.Also like to know about SEED, ldk, stv and other china stock that looks good buy. Also is it okay tobuy V now?It did not pull back below 80.

Thanxs.

Stocks100 said...

Hi Ds,

C alongwith other financials were weak.

STV do not follow.

SEED is weak...

LDK is strong....

Chinese stocks which i follow are NCTY,NTES,CSIQ,SOL,JASO,TSL....are all looking good for a trade.

Saleem