cthree

No, No, Yes

cthree

I bought GM at $9.35 and sold it 3 weeks later at $14.60. Would I buy it here? Maybe.

All I can suggest is that you avoid jumping in too quickly or get too exuberant about the bottom being in. It is in but we still have to test it. Any rally here will be tested shortly. I'd want to see some sellers come in and put pressure on the market.

PearlwhiteS2k

Thanks Erik.

amao20

geez... after market futures keep going up... tomorrow 10/14 will be an interesting day, i wonder how the market will respond to today's huge gains...

wish i had more cash to build some more LT positions...

amao20

Taking a gamble on APWR after reading summaries of today's conference call. Bought a few hundred shares.

Company announced a new $300m contract with Thailand - I didn't hear of this one previously. This is in addition to the $800m in backlogged orders.

No Q/A, and from what I've read, many people are wondering why the company isn't buying back shares. The current $5/share price is just slightly more than the $3/share cash they have on hand. Not sure I agree with a buyback during these market conditions, cause you never know when the company will need cash given the tight credit conditions.

Looking for a short term bounce to the $7 range. This is typically not my thing, but it's hard to see this company going below $3 share since they have that much cash on hand. I'd still like to hold a couple hundred shares for my long term portfolio, however.

amao20

MIDD is another stock I'm looking to buy, long term and short term. I imagine they're probably not doing so well given the consumer slowdown, but the management (Bassoul) is top notch. I'm a bit concerned given their large amount of short term debt, but I'd still buy up to $50/share in these conditions.


By the way, someone up to date on the solar sector? YGE and STP are kicking my ass, though I took another look at the balance sheet and think both are decently positioned (STP more so than YGE). I realize there is concern that solar installations/development will be hampered by the credit crunch, and solar subsidies are being slashed in Germany and Spain, two of the largest solar markets, but seriously... anybody think these two are going bust?

PearlwhiteS2k

YGE is a small position for me so I can use it as a tax write off from it but I do think should be able to rebound when things are better.

trainwreck

i like atvi and adbe.

m is hitting a 5 year low. i ll pick some up when it gets lower!

amao20

wow, ATVI was on my watch list last Dec. around the time they announced the Blizzard acquisition. Wanted to get in then but it promptly took off and I haven't really taken a look at it since. I'll have to take another look at that one. Thanks

sahtt

Sold EEV at two different price targets today which cushioned the blow well. Still have 1/3 of the position, I raised the sell limits in case we break the 77 lows.