Monday, February 18, 2008

Two Potential Upside Explosions This Week

CREE- looking to re-enter early this week, a break through $ 34.80 ish and I think it will tag 40-45 in short order.

SIGM- they have 50% of this blu-ray dvd market and it looks like Sony won the war with Toshiba this week. This one can explode on good news. I can see analysts getting bullish in here. About 44% of the float is short!!!!!

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I am a former hedge fund manager, broker and capital markets dude who now trades for his own account. I love what I do. I will try to post some stocks and an occasional chart that looks attractive for entry.I will also try to point out the idiocy of conventional wisdom and the lack of value added by the mainstream financial media. These postings should not be viewed as recommendations.