Monthly Archive:: September 2009

Seagate, ConAgra Guides Higher, Carnival Below Estimates

Seagate Technology Guides HigherSeagate Technology (STX) said it now expects fiscal first quarter revenue to be at or slightly above the high-end of its previous guidance range of $2.40 to $2.60 billion. The current consensus estimate is revenue of $2.52 billion for the quarter ending October 3, 2009. ConAgra Foods Raises GuidanceConAgra

Lincoln Educational, Molex, Ocular Science Raises Guidance

Ocular Sciences Raises and Narrows GuidanceOcular Sciences, Inc (OCLR) said it now expects first quarter revenue of $82.0 million to $87.0 million. The company’s previous guidance was revenue of $76.0 million to $84.0 million and the current consensus estimate is revenue of $80.0 million for the quarter ending September 26, 2009. Lincoln

Stocks I Wish I Had Shorted

RAME crashed 9% today. Volume faded nicely. Was a good short. NCOC spiked from 75cents to 1.50$ in matter of few days. 100% up move. After topping out at 1.50$, it started selling off. First red day (when stock price when below yesterdays close), it made a good short. The stock followed

Missed Opportunities To Short

GVBP was classic pump and dump. However no shares were available today to short. Really frustrating and sad to see a classic pump and dump in action and nothing to do about it. EDAP broke past @4.50 support. Was fading all day. Easy short. Missed it completely due to focusing on other

Fakeouts Stopped Me Out On All Trades

Buying on round number breaks didnt work out today. Bought CHINA @3.00 hoping the break would last. It never did. Stopped out @2.83 Lesson 1: Wait for volume to build up before going long. Fakeout did it for me.Lesson 2: Stuck to my stop loss. Not disappointed about the trade. Plain bad