Session of 03/14/2007

[David Randolph]

Good morning

I still have AMRN to cover from yesterday and I need to make an analysis on NVTL, but I'm still looking for two more suggestions to cover today.

Please place your suggestions until 10:30 and then we'll run a poll from 10:30 to 11:00 to vote for the two stocks.

I hope everything is well with you, it is a beautiful sunny day from where I'm standing

[WallStreetnBio]

I have a feeling the market will close down today so i just bought some SPY puts...what do you think?

[David Randolph]

I have a feeling the market will close down today so i just bought some SPY puts...what do you think?

I promised myself not to touch options again, but I agree on the direction of your trade, the worst thing that could happen to bulls this morning was a higher open. Momentum is on the bear's side.

Do you still have those BIDU puts? Great trade

[WallStreetnBio]

yeah i just sold the BIDU puts because i figured BIDU would show some support on the 200sma. I just made 2,000 in ten minutes on the SPY puts. maybe ill dip my toe in the water again on the SPY puts since i think it wil go lower.

[nicknite20]

David,
Still holding BIDU puts on which i have so far a 106% unrealized gains..GREAT call. Do you think this goes lower??
Nick

[David Randolph]

yeah i just sold the BIDU puts because i figured BIDU would show some support on the 200sma. I just made 2,000 in ten minutes on the SPY puts. maybe ill dip my toe in the water again on the SPY puts since i think it wil go lower.

Congrats but keep your head cool prodigykid6, listen to me, you'll lose big bucks if you just keep playing options. Leverage kills a trader. Been there, done that. I feel you're prone to take high risks because you're young ...

[David Randolph]

David,
Still holding BIDU puts on which i have so far a 106% unrealized gains..GREAT call. Do you think this goes lower??
Nick

It might go lower but I took my profits at the 200 days moving average, as you know. I'm not so bearish on the Chinese economy, and even though BIDU is very expensive, I see it going higher over the very long term.

Good luck

[kslifka]

SMTX...just reported earnings.  gapped up to a 52 week high.  Good earnings...only concern is debt level

TORONTO, March 13 /PRNewswire-FirstCall/ - SMTC Corporation (Nasdaq: SMTX, TSX: SMX) ("SMTC"), a global electronics manufacturing services provider, announced today its results for the fourth quarter and year ended December 31, 2006 which are expressed in US dollars.

    Fourth quarter and full year highlights

    -   Growth in fourth quarter revenue to $76.1 million, a 31% increase
        over fourth quarter 2005.

    -   Net income of $2.1 million for the fourth quarter, an increase of 49%
        compared to the fourth quarter of 2005.

    -   EBITDA(x) of $5.3 million in the quarter, representing a 66% increase
        over the fourth quarter of 2005.

    -   Growth led by strengthening diversified customer base of both
        long-standing and new customers.

    -   Full year revenue of $262.8 million, an increase of $34.0 million, or
        15% over 2005.

    -   Record net income for the full year 2006 of $10.5 million, including
        one-time items of $5.0 million compared with a loss of $0.1 million
        for 2005

    -   EBITDA(x) of $16.0 million for the full year 2006, representing a 78%
        increase over 2005. The full year EBITDA(x) for 2006 excludes the
        impact of one-time items.

[David Randolph]

I'm interested in studying stocks that can benefit from a potential Chinese consumption boom. I'm thinking XING, CHINA, JADE, BIDU, what else?

[johnwho44]

How about GIGM?

[David Randolph]

How about GIGM?

GIGM, good idea, I've already made some analysis on it, but would like to make another one.

[David Randolph]

SVA, AOB, what else?

[kslifka]

MHJ...

Man Sang Holdings, Inc., through its subsidiaries, engages in purchasing, processing, assembling, merchandising, and wholesale distributing pearls, pearl jewelry products, and jewelry products. Its product lines include freshwater pearls, Chinese cultured pearls, Japanese cultured pearls, South Sea pearls and Tahitian pearls, pearl jewelry, and other jewelry products. The company also provides assembled pearl jewelry, including necklaces, earrings, rings, pendants, broaches, bracelets, cufflinks, and miscellaneous pearl products. In addition, Man Sang owns and operates a commercial real estate complex in Shenzhen, People's Republic of China. Its customers principally include wholesale distributors and mass merchandisers in Europe, the United States, Hong Kong, and other Asian countries.

[nullzero]

BARE and SPC short how do they look david?

[David Randolph]

This was due for a correction, but the current Chinese bull market is still young. With consumption still accounting for just 35% of GDP there are big opportunities there.

Maybe China will just grow as Japan did in the 60's and 70's, and the US did in the 80's and 90's to become the largest economy in the world.

This is the mainstream idea, I know, but what if it's right? The Chinese have the savings to do it, whereas Americans for example don't.