September 2009
6 posts
Quidel (QDEL) soars on flu diagnostics then gets...
Sold QDEL at $16.99 (-8.7%) [Bought at open for $18.60]
Quidel pre-announced yesterday that it would post record Q3 profits on its flu diagnostic tests. QDEL soared after hours yesterday to 19 and opened today at $18.60, reaching of high of $18.81 before it began to decline to close at it low. This gave TR its worse loss in four months.
Although the TR portfolio has been relatively successful...
TR pick for 9/11: QDEL
SWHC shoots upward but TR killed on opening trade:...
Sold SWHC for $5.99 (-5.1%) [Bought at open for $6.31]
Smith & Wesson Holding (SWHC) rose today on strong profits in Q1. Despite the rise, buying at the open was not a good way to go, even with the overall market rising from the open. A bad fill at the open didn’t help either. There was considerable buzz about the stock, but it was not reflected in an upward push during the trading...
TR pick for 9/10: SWHC
TR on 9/4, 9/8, and 9/9: No picks (out of market)
TR on 9/3: No picks (out of market)
August 2009
10 posts
TR on 8/28, 8/31, 9/1, and 9/2: No picks (out of...
TR on 8/27: No picks (out of market)
TR on 8/24, 8/25, and 8/26: No picks (out of...
The market takes off and CRM flies: End of trading...
Sold CRM at $53.67 (+3.1%) [Bought at open for $52.07]
The market soared today helping punctuate an upswing in salesforce.com (CRM) generated by a great earnings report after-the-bell yesterday and an upgrade. This is the second time that TR has made a profit off CRM and the buzz associated with it.
TR Portfolio scoreboard (started on 1/12/09):
Number of trades (closed): 116
Winners: 53.4%
...
TR pick for 8/21: CRM
TR on 8/20: No picks (out of market)
TR on 8/14, 8/17, 8/18, and 8/19: No picks (out of...
TR on 8/13: No picks (out of market)
TR on 8/7, 8/10, 8/11, and 8/12: No picks (out of...
TR on 8/6: No picks (out of market)
July 2009
16 posts
TR on 7/31, 8/3, 8/4, and 8/5: No picks (out of...
TR on 7/30: No picks (out of market)
TR on 7/27, 7/28, and 7/29: No picks (out of...
ALGN surges but flat from open: End of trading day...
Sold ALGN at $11.46 (-.3%) [Bought at open for 11.49]
Align Technology surged at the open based on a fantastic earnings report after the close. ALGN then dipped, came back to near the opening price, and was more or less flat the rest of the trading day. So, in this case, the buzz moved the price significantly (+21%) but had no followthrough during the session.
TR Portfolio scoreboard (started...
TR pick for 7/24: ALGN
Market soars but CYMI flat from open: End of...
Sold CYMI at $33.78 (~flat) [Bought at open for $33.77]
The market and the semiconductor sector soared today, but Cymer (CYMI) opened higher after yesterday’s earnings report and more and less stayed there. Great if you were holding on Wednesday, but not so great if you were holding from the open to the close today.
TR Portfolio scoreboard (started on 1/12/09):
Number of trades...
TR pick for 7/23: CYMI
TR on 7/20, 7/21, and 7/22: No picks (out of...
TR on 7/17: No picks (out of market)
TR on 7/16: No picks (out of market)
TR on 7/13, 7/14, and 7/15: No picks (out of...
Consumer sentiment discounts 99 Cents Only Stores:...
Sold NDN at $13.00 (-6.7%) [Bought at the open for $13.94]
99 Cents Only Stores (NDN) got an initial pop on Friday from their announcement of stronger than expected Q1 sales after the close on Thursday. Unfortunately, the stock began to drift lower after the initial pop, and when the lower than expected consumer sentiment numbers came out at 10AM, it sank and stayed at the bottom pretty much all...
TR pick for 7/10: NDN
TR on 7/9: No picks (out of market)
TR on 7/6, 7/7, and 7/8: No picks (out of market)
TR on 7/2: No picks (out of market)
June 2009
20 posts
TR on 6/29, 6/30, and 7/1: No picks (out of...
Tibco pops on profit surprise: End of trading day...
Sold TIBX at $7.40 (+2.1%) [Bought at the open for $7.25]
Tibco Software got a big pop in after hours trading yesterday and trading today (up almost 9%) after surprising profit numbers were reported after yesterday’s close. This generated quite a bit of buzz about “Tibco Software” on Twitter.
We got in at the open, the stock ran up to around $7.40, and pretty much stayed...
TR pick for 6/26: TIBX
TR on 6/25: No picks (out of market)
TR on 6/23 & 6/24: No picks (out of market)
TR on 6/22: No picks (out of market)
TR hits the target with Smith & Wesson (SWHC): End...
Sold SWHC at $6.02 (+3.8%) [Bought at open for $5.80]
Smith & Wesson Holding Corp (SWHC) pre-announced revenues that beat estimates after the bell yesterday, leading the stock to a 22% gain today. The stock rose fairly steadily from the open, leading to a gain for TR. Happy to get a gain on a day when the markets were mixed and lacking conviction.
TR Portfolio scoreboard (started on...
TR pick for 6/19: SWHC
TR on 6/18: No picks (out of market)
TR on 6/16 (belated) & 6/17: No picks (out of...
TR on 6/15: No picks (out of market)
TR on 6/12: No picks (out of market)
Looks like earnings season may need to return before we get back in the market but we’ll see…
TR on 6/11: No picks (out of market)
TR on 6/10: No picks (out of market)
TR on 6/9: No picks (out of market)
TR on 6/8: No picks (out of market)
TR on 6/5: No picks (out of market)
TR on 6/4: No picks (out of market)