Watchlist for the Week of 8/30/10
by Mike on Aug.29, 2010, under Finance / Trading
TPL – Shorted this. It was a Tim Sykes play. Playing along. Think it fills the gap, and might even make it down to 27. This one could spike with the right covering though.
BSDM – 2.10ish is the key level. Short biased.
KNDL – Short Biased below 8.15
DVR – Short biased below 4.50ish
CERP – Short biased with the right kind of fading.
CBLI – Biomed reports, ray dirks research, this screams hype. Short biased when the chart is right.
DMAN – Short biased. Lots of resistance at 8.00
SOMX – Promoted. Short Biased. 4.25 is the key level.
LLEN – Watching the 8.00 Level. Not sure which way it goes.
AMEL – Getting some re-pumpage, hope it spikes. I would love to short this one again. Pretty sure this one goes to sub-penny land eventually.
Center Seat (Parody of John Fogerty’s Centerfield)
by Mike on Aug.29, 2010, under Home Recording
Don’t you love how the airlines are charging you for everything lately? I mean really… now they are trying to charge you an extra fee for the exact same seat just because it’s a little closer to the front. Pretty soon they are going to start charging not to seat you by someone who is above average in size, or someone without wicked body odor. It’s their business model after all. Find the crappiest part of flying on the airlines, and then charge you more so you don’t have to deal with it. It’s really kind of pathetic / funny when you think about it, I mean, I can come up with something better than what they are doing, maybe they will let me be CEO of one of them for a year. That would be a good time…..but I digress.
Here’s the tune.
CenterSeat <—Click Here to Listen
Center Seat
(Parody of John Fogerty’s Centerfield)
Well get online, and book your ride you have to travel by air
You’re off again, gotta do some work in the field
Standing in line by a broken kiosk, is a blonde haired handsome man
Anyone can understand the way I feel.
Put me in coach, I ain’t gonna pay today
Put me in coach, I’ll never pay to upgrade
Look at me, I can sit, Center Seat
Well I spent some time in a DC-9, in an aisle seat by the lav
You know I took some lumps when the beverage cart would come out
So say hey Wilbur, and Orville too, they’ve sabotaged your dream
They’re rippin’ us for hundreds more ’cause they can’t compete
Put me in coach, I ain’t gonna pay today
Put me in coach, I’ll never pay to upgrade
Look at me, I can sit, Center Seat
You think they’ll ever get it?
I doubt it!
Got a beat up jet, a tired underpaid crew, and delays for an hour or two
You know I think it’s time they let this plane go fly
Look how we’re all uncomfortable it’s not worth the premium
Trapped on board you can kiss our patience goodbye.
Put me in coach, I ain’t gonna pay today
Put me in coach, I’ll never pay to upgrade
Look at me, I can sit, Center Seat
Put me in coach, I ain’t gonna pay today
Put me in coach, I’ll never pay to upgrade
Look at me, I can sit, Center Seat
Watchlist Recap
by Mike on Aug.28, 2010, under Finance / Trading, Psychology
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WAVX – Saw this fade to 2.35 one day, and it was perfect, and I didn’t short it. Of course there was a morning panic the next day. Kicking myself for missing it.
WXCO – Popped briefly above 9.50 on monday morning with no volume, gap and crap time. Didn’t expect it to get destroyed like it did, but glad I didn’t buy it.
AAU – Bought this on the break of 2.00. Actually got in around 2.05. Made decent money, and was quick. This was a good trade.
MIPS – Watched this break 6.50 monday morning, but it crapped out as well. I bought it when it held 6.50 later in the week. Made like 15.00 when it didn’t move enough.
CLKZ – This one got destroyed when whoever was manipulating it higher stopped doing it. I didn’t play it.
GMR – Was a perfect short when it broke 5.00 I didn’t play this one either. I gotta get more aggressive when things are working!
AZK – Swing traded this one, and made some decent $$. Overall a good trading week.
Read my disclaimer, currently short 150 TPL.
