Archive for April, 2008

TUP - TUPPERWARE BRANDS - Does well in hard times

When household budgets get tight from high food and gas prices Tupperware makes money. Housewives sign up to earn extra income holding Tupperware parties. This stock has done really well in the last quarter. This is a stock to buy on dips.
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IPI - Intrepid Potash IPO Soars 58% on NYSE

Wow nice opening day for IPI. I watched it run up all day and did not jump in. I will be buying this stock but I’m looking for a pull back.
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This might be an exciting stock to buy and watch grow. Do your homework and check out the enormous stock gains this year by established public companies like Potash Corp. of Saskatchewan Inc. (POT), Mosaic Co. (MOS) and Agrium Inc. (AGU).

TAN - SOLAR ETF - Options this Thursday

TAN is a new ETF that is a solar play. It is a cheaper play than trying to buy FSLR. TAN will start trading options this Thursday.
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CORNING INC COM JUN 21, 2008 $ 30.000 CALL (GLWFF)

I have been buying options calls on Corning GLW. I am trying to catch the upturn in this stock before Jun 08.
glwff-4-22-08.gif Talk on Wall Street is that this stock will break out in 08, possible double up.

MSFT - MICROSOFT - Buying on price dips

I have bought MSFT this week on price dips. The earnings are coming out Thursday. Good Long buy.
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NEW HOT IPO - Jim Cramer Pick

Here is what Jim Cramer said tonight on his show about the new IPO - IPI

Know Your IPO
In this segment, Cramer recommended Intrepid Potash, the largest U.S.-based producer of potassium chloride that should come public this week under the ticker IPI.

“I’ve been recommending this agriculture group for years now, and I think I’ll keep recommending it for years,” Cramer said, adding that Intrepid Potash is the “next great way to play this theme.” Cramer said that the combination of worldwide drought and worldwide famine makes this the theme that just won’t quit.

Cramer said he has been behind Potash (POT - Cramer’s Take - Stockpickr), Mosaic (MOS - Cramer’s Take - Stockpickr), and Agrium (AGU - Cramer’s Take - Stockpickr) since Oct. 2005 because “the returns are so good they’re scary.”

Intrepid Potash will be the first western pure play on potash, Cramer said, and has lower production costs than Potash. “It’s an essential part of the agriculture bull market,” he said.

Cramer said that If Potash was a hot stock then, Intrepid Potash could be heading higher, but he would not pay more than $34 a share. “I think that Intrepid goes much higher than that, but if you’re trying to snap it up in the after market, you need a ceiling.”

He recommended trying to pick up the stock at its offering by going through Goldman Sachs (GS - Cramer’s Take - Stockpickr), Merrill Lynch (MER - Cramer’s Take - Stockpickr), or Morgan Stanley (MS - Cramer’s Take - Stockpickr).

“It worked with Visa (V - Cramer’s Take - Stockpickr), our last IPO recommendation, we think it’ll work again,” he said. cramer.gif

V - Visa - Hottest Stock on Wall Street

Don’t miss out on this profit train. This is a great opportunity to make some serious cash. Tonight on CNBC’s Fast Money they discussed Visa and opportunity. They said don’t wait for a downside because this stock wont have one.
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XLK- SELECT SECTOR -TECH MAY 17, 2008 $ 24.000 CALL

I bought $24.00 Call for XLK today. I am very optimistic these tech stocks will break out.

ALL - ALLSTATE - JUL-08 $50 CALL

I bought some options calls today for ALL -Allstate Insurance. I have a $50.00 open call until July 08. The technicals show a possibility of a break out over $50.00
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XLK - SELECT SECTOR -TECH This ETF should break out

This ETF is a sector based fund. The tech stocks are lining up for an upward directional run with the GOOGLE, INTEL and IMB earnings. If this sector continues positive earnings this week with MICROSOFT this ETF will go up.
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