3SOF

David!!!.. I'm glad to hear from you .. I wish the best for you & tour team..
Good luck

Swir  Sierra Wireless Inc (NASDAQ NM)   

This well know CO have been trading in a range betwen [7.5 - 15] for a year and a half.
Today was a STAR on earning reports. with huge vol (15.5 M) was up + 30%

I will look for a gain of 25 - 50 % in a month with this one

Excuse me,,  I INSIST with my yesterday post (at least after I read the letter I made up my mind and sell) as I don't see any strategic here..

*-*-*-*-*-*-*-*-*-*-**-*-*
This is an old news but after yesterday & today  reactions, it makes a lot of sense..

Odyssey Value Advisors LLC Suggests eDiets Board Engage Banker to Sell Company
MONDAY, NOVEMBER 14, 2005 8:01 AM

http://bigcharts.marketwatch.com/news/articles.asp?guid={AC801780-C4B0-4920-92B2-D3690B58089F}&newsid=850400466&orig=&time=&symb=DIET&sid=178505&source=htx\http2_mw

Dear eDiets Board of Directors:

Odyssey Value Advisors, LLC owns 330,000 shares of common stock or 1.5 % of eDiets (DIET) . We would welcome and encourage you to hire a nationally recognized investment bank to immediately explore the sale of the company and to maximize shareholder value. While we realize that decisions of this magnitude are made at the board level, we would encourage this action now. In our opinion, a sale should be considered now because management has had difficulty communicating its value creation strategy to the market. As a result, the market has not been able to reward the stock with the appropriate multiple. Most importantly, there are strategic buyers eager to acquire comparable companies and they are paying multiples substantially higher than e-Diets current equity valuation.
etc etc etc the letter continue

Only two comments...

1. About this "... if employment numbers are good tomorrow and the market recovers .." , if the numbers are too good ..will have another red sea , because "rates fear"

2. This is an old news but after  today reaction, it has a lot of sense..

Odyssey Value Advisors LLC Suggests eDiets Board Engage Banker to Sell Company
MONDAY, NOVEMBER 14, 2005 8:01 AM

http://bigcharts.marketwatch.com/news/articles.asp?guid={AC801780-C4B0-4920-92B2-D3690B58089F}&newsid=850400466&orig=&time=&symb=DIET&sid=178505&source=htx\http2_mw

Ternium S.A. (NYSE: TX [ADR])

Ternium is a Luxembourg-based steel producer which operates in Argentina, Venezuela and Mexico,  this allow them to trade within ALCA. MERCOSUR & others

Tips..

Starting February 1, 2006 Ternium SA began trading in the New York Stock Exchange (NYSE)

-Ternium's IPO priced @ $20 per ADS (now @ $23.95)

-Ternium's steel manufacturing and finishing facilities have an annual production capacity of about 11.6 million tons. The company sells its wares primarily to clients in North, Central, and South America, and it is developing a sales presence in Asia and Europe as well.

-Steel demand in our primary markets was strong in 2005, achieving growth rates above the world average, a pace that is expected to continue this year," according to the company statement. (01/03/2006)

Quote from: David Randolph on January 17, 2006, 05:09:02 PM

Today this short position helped the Stocks on Fire Portfolio to rise 0.92%, on a day that the S&P500 declined 0.36%. A few shorts makes the portfolio balanced and protects it against the general market risk.

I agree,,, so I'm always short in 2 or 3 stocks.

Quote from: David Randolph on January 17, 2006, 05:09:02 PM

I welcome a few short positions to the Stocks on Fire Portfolio, say 3 stocks (I wish I still had REDF short, big sell off today, I was right, but I let the pressure build and made a bad decision).

You did right at that time with REDF...  I had to cover too with an small lost(-2%) and today I'm short again but with + 6% ... so... where is the problem ?

There are severals insider sellings last month too (@ $ 28 / 29) ..

Actually my shorts are the best investments for the time being...
I'm again short whit GM since 1st dic. (@22.48) )and VDSI since 25 dic.(@ 10.11)
I'm thinking of closing this week one of these and open a new short with redf when the trend change..

my last shorts closed ....

GM    7/9/2005 - 13/10/2005     ---> 26%
TOL   26/8/2005 - 13/10/2005   ---> 28%
CELG  21/10/2005 - 26/10/2005 ---> - 3%
RIMM  25/10/2005 - 08/11/2005 ---> - 10%
VLO    7/11/2005 - 7/12/2005    ---> - 1%

the others one's ....

GM     1/12/2005 ---- open --- > 21%
VDSI  15/12/2005 --- open ---> 3%

Something is cooking here whit NMGC, I noticed that from time to time show up big sell orders like these for example

last trade, 8.10 @ 12:01:00 hs.

Ask
ID    Price    Size    Time
ARCAEX     8.24        30000      11:59:41
ARCAEX     8.25        12000      12:01:13
ARCAEX     8.27        30000      11:58:31


And when the last trade is near of that (8.22 for example) the orders just disappears...
there must be somenone who doesn't know if to sell or not  .

Good bye ATEA, It was nice trading you= 
Now .... let's change for something similar (I guess)
Good news for NMGC, Volume 10,386,686 @ 11:42 AM. Range trade 6.85 - 8.50,  most of the shares now have this floor =$7.00
I see more room for the upside, today and the days coming,, (and I won't say low risk this time, just in case)
In @ 7.96.
I'll quit if this happen to have 50% retracement from 7 to the top of the day.
Cheers-

David , we have a news on this,,, If  there is something I don't like of the minning co's is there are always asking for other's people money  most of them do ,,,

Golden Star Resources Ltd.-New Issue
THURSDAY, DECEMBER 08, 2005 4:14 PM
- BusinessWire

TORONTO, Dec 08, 2005 (BUSINESS WIRE) -- Golden Star Resources Ltd. ("Golden Star") (CA:GSC) (GSS) has today entered into an agreement with a syndicate of underwriters co-led by BMO Nesbitt Burns Inc. and Blackmont Capital Inc. under which the underwriters have agreed to buy 29,200,000 Common Shares from Golden Star and sell to the public at a price of C$2.80 per Common Share, representing an aggregate amount of C$81,760,000. Golden Star has granted the Underwriters an option to purchase up to an additional 4,200,000 Common Shares, exercisable until 48 hours prior to the closing date, which is expected on or about December 30, 2005.

A preliminary short-form prospectus for the Canadian offering will be filed with the applicable Canadian securities regulatory authorities. A shelf registration statement for the U.S. offering was previously declared effective by the U.S. Securities and Exchange Commission and a preliminary prospectus supplement will be filed with the SEC

This can't stop going up up up up ,,,, never a pull back, a retracement, ?

any limit?

Last Price       Percent Change    Last Match Time
18.3800        +5.46%                15:44:20.505

today $16.60 is the upper limit

Last Price     Percent Change      Last Match Time
  16.8500     +4.01%                 10:22:26.156


So,, Breakout

$16.40 is the upper limit of the ascending channel where Atea was trading the last sessions..
I see too much resistance for a breakout today (to close above that)

Last Price           Net Change
  16.0500             +0.6000

 
Last Match Time    Percent Change
  15:01:19.095        +3.88%

FLIRTING WITH $16.00