Comments on: Reading List 7/28

By: boris

boris — Tue, 31 Jul 2007 01:47:13 +0000

some of your Value CLick work should be a recycleable template for your sina analysis.

By: boris

boris — Tue, 31 Jul 2007 01:03:34 +0000

chipoltes good you hedged. i sold the entire 24,000 stake for about 85.99 on the way up. the cost on the block was about $80.50+ thanks to 10,000 averaged in at a cost of 78-ish. the entire restuarant group is in the dumps and sentiment is poor and suspicious. expanding dips that havent found a low point are mcdonalds, darden, california pizza kitchen, ruth chris steak house, and cheesecake factory. i just dont see the market getting that excited over alredy high expectations Chipotle earnings. i could be wrong, but if you have a big CMG 2 day bounce gain, better nail it, then be coulda woulda shoulda sorry.

By: Zach

Zach — Tue, 31 Jul 2007 00:13:18 +0000

I’ll try to dig up what I can on SINA… Was hoping you were taking advantage of this CMG move today. I wish volume had picked up a bit. I re-hedged my position with Aug 90’s again as the premium was very attractive.

By: boris

boris — Mon, 30 Jul 2007 23:09:08 +0000

would you put down some focus on SINA and tell me whats your conclusion. the overall Chinese online ad market is $505 million and growing 50% a year. BAIDU and SINA are the 2 cleanest cut leaders. BAIDU is the search enginee leader and SINA the branded display leader. SINA has a comprehensive developement deal with Google signed June 2007, which is giving it an extra boster shot, and lowering risk. the sina dip is $6 down from $47 but Pacific Crest just declared a $54 goal.

By: boris

boris — Mon, 30 Jul 2007 22:46:44 +0000

CHIPOTLE bounce expands 77.50 > 88.50 +$11 +14%. the rebound is rich and i would take profits. SunPower- STP traded down to $39.03, the dip is a wonderful $4.50.
i would pull trigger on long positions on premise dip has run its course and now is time to position for the bounce. if fundamentals warrent.

By: Zach

Zach — Mon, 30 Jul 2007 01:58:00 +0000

great job holding CROX. Its wonderful to hold onto winners like that. Anything is possible, but nothing goes up forever. Many of these growth names, however, go up much longer than most people think is possible.

By: boris

boris — Mon, 30 Jul 2007 01:24:05 +0000

damage control? i want to know how much Chipotles “a” has room to bounce, if $77.50 lows for Thursday is the multiday low point. Crocs had some good numbers on thursday. the company is estimating sales of 48.36 million pairs of shoes in 2007 on $16.75 asp. 2008 forcasts immediately ratcheted to 70+ million pairs and investment price goals advanced to $71 @ 2 houses. is that possible?