Comments on: Update 7/18

By: boris

boris — Sun, 22 Jul 2007 20:25:20 +0000

ice, fcsx , tsl 2 exhange-ish companies and a tier 2 chinese solar circuit company? have all run up sharply in past 12 months. are they good enough to skyrocket all over again? for the same reason? keep hawk eye alerts on the pace of insider selling. this use to be free @ http://www.sec4.com. what have you got with more favorable (in or near the base) basing patterns? these 3 are up almost as much as Crocs without the CROX numbers or CROX low-ish PEG.

By: Zach

Zach — Thu, 19 Jul 2007 18:42:25 +0000

Ellen, It appears there was some conservative guidance given on the conference call this morning. To quote the CFO:

Looking forward, we have seen signs that certain medical customers may adjust their inventories in the September and December quarters, which could tend to reduce our year-over-year growth in those quarters. These sorts of inventory adjustments are not uncommon in the medical industry, and the feedback we are getting from customers is quite positive in our medical as well as industrial markets.

So the next two quarters may be lighter than expected. Thats bad news for a growth name like NVEC even if things are ok long-term. This 50 day average area around 34.50 is key. Watch to see if it can find support here.

Borris,
still sitting on my hands. ICE has pulled back to the breakout area. Volume is light. This is not a concerning move. TSL is taking some time to work through volatility. I’m glad I have some calls sold against my position. FCSX watch for volume. It’s not in trouble yet but I’ll definitely keep a short leash on it.

Thanks guys for the comments!

By: boris

boris — Thu, 19 Jul 2007 17:34:06 +0000

how are you trading your larger positions …..
ice tsl fcsx ?

By: Ellen Sears

Ellen Sears — Thu, 19 Jul 2007 17:10:17 +0000

What’s happening to NVEC today – why down on such a great report? Did the market expect more?

Ellen

By: Zach

Zach — Wed, 18 Jul 2007 15:48:07 +0000

well unfortunately, I got out of CROX quite some time ago and have been afraid to put capital back to work there.

Today i’ve been content to sit on my hands. I’m not much of a daytrader and do much better with positions I can hold onto for months and sometimes years.

I’m not too worried about pullbacks in some of my larger positions like ICE, TSL and FCSX as they appear relatively contained within the overall positive trend. If I didn’t have a full position in these names, I might be tempted to pick some up on the weakness today.

Hope you’re trading them well!
ZDS

By: boris

boris — Wed, 18 Jul 2007 15:43:28 +0000

mr cfa,
its a little crazy this wednesday morning.
i am buying the CROX dip of $5.25 to $44.50 (Mad Money Downgrade)
and the Broadcom-brcm pullback to 32.10 ( sypathy downside w/ Intel) also
i am watching EBAY in front of todays quarterly earnings,
and it might breakout of the November $34 base if the story
is good. what are you buying low this wednesday morning. boris.