My First Options
I’ve never traded options before so this will be my first time. I’ve gained the solid fundamentals about options already, but never put the theory into use. IMO, the best way to learn something is by experience. Of course, I am just paper trading and not using real money to play.
Bought 10 VMW FEB ‘08 60 [...]
VMware Earnings
VMware had just released their 4th quarter results on Monday after the closing bell. IMO, the numbers are very good but the stock plummeted to around $61 after hours because people (especially investors) have really high expectations for this stock. Revenues have surged 80% from the previous year ($229.6 to $412.5 million), short $5 million of what analysts had [...]
Tagged as: down, Earnings, high expectations, overvalued, vmwareCompanies That May Turn Around
COH – Coach Inc.
In the early morning press release, Coach said that it is going to open the first Hong Kong global flagship store in summer 2008, in the Lan Kwai Fong area located near Central (Link). This is very good news considering Hong Kong is the shopper’s heaven.
Shaky Market
Happy New Year!
It looks like that overall the stock market is not in a good condition. Beginning the year 2008, many stocks are at their multi-year lows. Stocks that are deemed “overvalued” are dropping hard. Such examples include VMW, CROX, N. Don’t get me wrong, I think VMware and Crocs are great companies, but the current [...]
Good Volume Surge in the Market
Most of the tech stocks were up big today, including RIMM, N, and ORCL. NetSuite ended up with $39.14, a little less than $40. People are beginning to think that NetSuite is overvalued, just like VMW. As mentioned earlier, NetSuite needs to start making money ASAP so they can be profit. Their concept is good, but needs revenue to stay in [...]
Tagged as: bestbuy, circuit city, netsuite, oracle, revenue, rim, vmware, volume