My picks that I may buy tommorrow

[akclide]

Tomorrow I will only be looking at buying call option for PDC.
I will post if and when I get into it.
PDC is undervalued as compared to it's future growth current p/e is 20.41 but frwd. p/e is 10.41 Qtrly growth YOY is 60.5%.I hope to catch the up swing in the sector and hence the up swing in a ubdervalued company in that sector.

[akclide]

Bought PDC JUNE 15th call (PDCFC) at 2.95.

[akclide]

Amtd stopped out at 19.5
The rest of the portfolio took a dive but nothing else got stopped out.I will watch the direction of the market tomorrow and go from there.

[akclide]

Still holding everything. Havenot written anything in acouple of days but am back nothing to buy tomorrow but here is the update on holdings.
PDC loosing big but have not tried to put a stop, still holding.
PPP same way as pdc
any major haps in oil and these 2 position should take off.
Crus 9.5 buy was at buy was at 8.43
naps 4.25 buy was at 4.14
Sanm 5.29 buy was at 4.12
utsi 6.97 buy was at 6.75
tune 6.56 buy was at 5.95

kopn 5.65 buy was at 5,35.

I my be looking to sell naps and kopn tomorrow I will post if I do.

[akclide]

selling kopn for 5.6

[akclide]

selling UTSI for 6.9

[akclide]

Kopn sold with 4.5% profit.
UTSI sold for 2.2 % profit
Holding.
CRUS currently showing 11% profit
naps currently 11.3 %
sanm showing 29.6%
tune showing 10% profit
ppp and pdc still in red.
I will still stay put till I know the direction of the market.

[Terliso]

Akclide, u should post ur total performance also so we can follow this thread

[akclide]

I will try to post my total performance every weekend.I do not get a chance to calculate the running totals everyday.Sometimes I just have an hour to hour and a half in the morning and about the same in the evening.  The reason why I started this was 2 folds. 
                         
1) it shows you what I am buying and selling may help somebody because I know most of you guys are better trader than I am  and do not need to look at my picks.

2) It makes me much more cautious and I check and double check my picks.Keeping me sharper than usual.

So at the end it helps my bottom line.

[Melf Elf]

I will try to post my total performance every weekend.I do not get a chance to calculate the running totals everyday.Sometimes I just have an hour to hour and a half in the morning and about the same in the evening.  The reason why I started this was 2 folds. 
                         
1) it shows you what I am buying and selling may help somebody because I know most of you guys are better trader than I am  and do not need to look at my picks.

2) It makes me much more cautious and I check and double check my picks.Keeping me sharper than usual.

So at the end it helps my bottom line.

akclide,

A long overdue applause for your thread and for your hard work.  I enjoy reading it. 

[akclide]

Thank you I appreciate the vote of confidence.

[akclide]

Buying IP june 32.5 call for 3.25.
China has had a big apetite for paper for some time now  but the price of paper has been high ,because wood has been selling higher as the natural gas was lot higher than what it is now.Since Natural gas has gone down it will most likely bring the price of wood down,which would mean better earnings for IP.

[akclide]

CRUS has now climbed to 10.11 buy was at 8.43 that is 19.9% profit still holding as it has a lot of free air space.
Naps currently at 4.42 buy 4.14  6.7 % I am noy very comfortable with this one,A lot of competition and some at better price but I will hold for now Will sell it if it closes below 4.32.Target is 5
Sanm 5.55 bought at 4.12 34.7% still looking strong.

Tune at 6.89 from 5.95 that 15.7% still holding but cautious.
PPP and Pdc still in red .I do believe in them so I will hold.

Looked at a lot of charts but did not like anything.one kept popping up it popped up yesterday and today ENMC.It does not have anything to right home about.Forward lookin statements were good.They make Reconstructive implants.They sell their products in Us,Africa,Europe,Asia pacific and Middle east.
             Middle east,war,and ,and casualties on both sides you do the math.I will watch it and see where it goes.

[akclide]

selling IP  calls  and booking a little profit.Earnings not as good and CC not so exciting.

[akclide]

Crus a little more green today.
naps 4.44 I think this stock has come to a stand still.Some times tomorrow I will be selling.
Sanm still climbing the green ladder.
Tune showed a little green but I am still not so comfortable with it.
PPP and PDC still in red
Enmc is still a potential buy.Not till it starts showing some positive moves.
I do like TMY though for tomorrow


Item 8.01 Other Events.
On April 26, 2006, the Company issued a press release announcing that it has signed contracts with Sun Drilling LLP for the provision of three drilling rigs and one completion rig in the South Alibek Field in Kazakhstan.

For the year ended December 31, 2005, we produced 400,425 barrels ("Bbls") of crude oil, or an average of 1,097 Bbls per day (Bopd), as compared to 313,305 Bbls, or an average of 858 Bopd, for the year ended December 31, 2004 and 117,376 Bbls, or an average of 641 Bopd for the year ended December 31, 2003. The increase in 2005 when compared to 2004, and the increase in 2004 from 2003, are primarily a result of the Field having five wells contributing to production in 2005 as compared to three wells in 2004 and only one well in 2003, and the Field being on production throughout 2004 versus only six months in 2003, as production from the Field commenced in July of 2003.

``I am extremely pleased to report these new contracts to our stockholders. Together with the Great Wall rig that arrived in January, we now have contracted six total rigs for the field,'' stated Lorrie T. Olivier, President and Chief Executive Officer of Transmeridian. ``Procuring these rigs has put us in better position to reach our stated goal of drilling 12 new wells in 2006 and achieving production of at least 10,000 barrels per day by year end.''

FROM 1097 bbls p/d in the year 2005 they qre trying to go to atleast 10000 bbls per day.Now that's what I call a big jump.