BRLCQ.PK.

[David Randolph]

black friday is this friday. no trading tomorrow because of thanksgiving.
max

Really, Thanksgiving is tomorrow? Sorry, since I'm not an American I don't even know what Thanksgiving is 

Well, now I know: Thanksgiving definition

You guys have a nice party

[rickjust]

hi,
a new 52 week high today, by one penny.
max

[David Randolph]

I think this picture says it all about how BRLC's sales are going on this shopping season:



But, don't forget the stock is up 260% over the last 5 months, partially discounting this revenue surge. Do you know that very old Wall Street saying "buy the rumour, sell the fact"?

It is 200 years old and it still makes sense.

I don't have a big profit to take on BRLC, just a small one, but it is better than nothing and much better than taking a loss. I need to trade right and the market doesn't know what was my entry price, he doesn't care. Anyway, I want to take profits only if people rush in to buy the fact. If they don't, it means "buy the rumour" will continue, perhaps until the 24th of December.

So here's the trading plan:

1) Take profits if BRLC is up 5% on Monday, that is, sell at $9.30 - $9.35.
2) If you don't have this chance, continue holding the stock.

[basonista]

Something I found on The Big Picture....


Retail Sector Market Performance

Historically, retail stocks run up in anticipation of the holiday season. Once its finally here, many of the gains amy be built in already.


MarketBeat Breaks it down for us:

"Analysts at Birinyi Assoc. looked at the historical performance of various retailers after [BLack Friday] through the end of the year and found that, though shoppers are buying goods in their stores, investors are selling their stocks. During this bull market, which began in 2002, all six groups of retailers Birinyi examined have negative returns from Thanksgiving through year-end, underperforming the S&P 500, which is generally flat during that time period.
The worst-performing stocks have been consumer-electronics names, which have lost, on average, 9.1% in the post-Thanksgiving period. The best are clothing retailers, which have lost a mere 1.4%. Going back to 1996, the picture looks a little better. Clothing retailers, general merchandisers and home-improvement stocks have shown positive returns in the Thanksgiving-to-New Year's period, with gains of 1.75%, 2.74% and 6.31%, respectively, beating the S&P 500's 0.82% return during that time. But consumer-electronics stores, department stores and specialty retailers have all posted negative returns. Electronics retailers have done the worst, with average losses of 4.39%.

[stocky]

I dont know about others but I could not get a hand on low priced HDTV at Walmart and then ended up buying one at COSTCO.COM [b/w they still have the sale till 27 Nov]. The results of HDTV reminded me of watching color TV for the first time and you do have big Wow!

I dont own BRLC. Goodluck BRLC holders.

[rickjust]

hi,
sold at 9.
maxi

[David Randolph]

That's an excellent information basonista, thanks a lot

I dont know about others but I could not get a hand on low priced HDTV at Walmart and then ended up buying one at COSTCO.COM [b/w they still have the sale till 27 Nov]. The results of HDTV reminded me of watching color TV for the first time and you do have big Wow!

I dont own BRLC. Goodluck BRLC holders.

Thanks for the info stocky, will you consider buying it after the current correction?

hi,
sold at 9.
maxi

Good trade Maxi !

Unfortunately I missed the selling point for 10 cents, the high of the day was $9.20 and I said "sell at $9.30 - $9.35". If it wasn't for the general market weakness I'm sure BRLC would have hit the selling target.

I'm undecided with this position, don't know what to think of it (you can read about my doubts on this entire thread). And in doubt, stay out.

I'll take a small profit on BRLC around tomorrow's open and will look to buy it back around support, say at TL2 or the 50 SMA. I think the pullback on this stock can get really nasty (because it is up so much from July lows in anticipation of strong sales this shopping season) and I want to protect the 3 Stocks on Fire Portfolio.

[kayaman99]

Positive outlook may take BRLC higher.


Syntax-Brillian Lifts 2Q Sales Outlook
Monday December 4, 5:19 pm ET
Syntax-Brillian Lifts 2nd-Quarter Sales Outlook, Thanks to Strong Holiday Sales

TEMPE, Ariz. (AP) -- High-definition television set maker Syntax-Brillian Corp. said Monday it expects second-quarter revenue to come in ahead of a previous forecast, thanks to strong holiday sales over the Thanksgiving weekend.

The company now expects quarterly sales to come in at, or above, its previous guidance for $178 million to $190 million in revenue.

Analysts polled by Thomson Financial expect the company to post $185.7 million in second-quarter revenue.

Separately the company said it reached an agreement to raise $10 million in financing.

Under the terms of the deal, John Jung-Jyh Wu, president and chief executive of TCV Group, a supplier of plastic injection molded parts used in some of Syntax-Brillian's television sets, and John Huang, chairman of Premier Image Technology Corp., a contract manufacturer of some of Syntax-Brillian's digital cameras, will receive 1.3 million shares of common stock priced at $7.73, with three-year warrants to purchase 64,683 shares at an exercise price of $9.276 per share, exercisable beginning on June 1, 2007.

Shares of Syntax-Brillian were trading at $9 in the aftermarket session, up 44 cents, or 5.1 percent, from Monday's closing price of $8.56 on the Nasdaq.

[Amarens]

Unfortunately I missed the selling point for 10 cents, the high of the day was $9.20 and I said "sell at $9.30 - $9.35". If it wasn't for the general market weakness I'm sure BRLC would have hit the selling target.

Hi David and all still holding. (Sorry I'm lausy on updates right now, moving with my company and it just takes all the energy out). $ 9,30 was in play yesterday and I think today it'll trade around that level. Will try to sell today at $ 9,35.

B.t.w. David, it's great to read your updates again!

Thanks,
Amarens

[basonista]

BRLC found support at the 50ma and it's ascending trendline, MACD improving and both STOs have crossed.  Looks ready to move up again.

[basonista]

This was definitely ready to move!  Too bad it did it without me.

[basonista]

Up 10% pre-market on record revenues...

Syntax-Brillian Corporation Announces Preliminary Results for the Quarter Ended December 31, 2006

[basonista]

Wow, talk about selling the news!  I really feel for anyone that bought this morning.  I have been on that end of the trade before.

[basonista]

It may take a little longer to recover from the "sell the news" day and ensuing weakness but BRLC is approaching the 50ma again.  The stock is still bullish so hopefully we will see some consolidation around this level before another move up.

[akclide]

Selling the News may be coming to an end just hit 50 dma. Should start it's up leg if not today Tuesday.