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  • Today's Action - 81.76% performance gain

    stocksmirf 17:34 on March 11, 2010 | 0 Permalink | Log in to leave a Comment

    Today’s Action
    …March 11 , 2010, 4:00 pm EST

    Performance: SPM+Game Theory PRO rating was 81.76%

    ^^^

    BEST IDEA — SPM+Game Theory 77 LONG PRO– Projected target price $04.00–22010-Mar-11 14:57:41: BUY $ZQK @ 3.14. … Add to position on valuation -

    BEST IDEA — SPM+Game Theory 79 LONG PRO– Projected target price $05.25 (new) –2010-Mar-11 14:50:17: BUY $NBG @ 4.22. … Add to position on valuation -

    BEST IDEA — SPM+Game Theory 77 LONG PRO– Projected target price $06.80 — Earnings Play – 2010-Mar-11 14:41:10: BUY PSUN @ 5.72.

    BEST IDEA — SPM+Game Theory 81 LONG PRO– Projected target price $05.75 — 2010-Mar-11 13:14:38: BUY C @ 4.09. … Add to position on valuation -

    BEST IDEA — SPM+Game Theory 81 LONG PRO– Projected target price $05.75 — 2010-Mar-11 12:14:11: BUY C @ 4.13.

    DAY TRADER … Closed out at even or near even on entire position – 2010-Mar-11 11:49:48: COVER $$SNV @ 3.34.

    DAY TRADER – TAKE PROFIT — 2010-Mar-11 11:46:39: SELL $C @ 4.11.

    DAY TRADER – TAKE PROFIT –2010-Mar-11 11:40:04: SELL $TMN @ 36.10

    DAY TRADER – Change in SPM+Game Theory PRO rating – 2010-Mar-11 11:15:03: SHORT $SNV @ 3.35.

    DAY TRADER – Special Situation – 2010-Mar-11 11:11:21: BUY $ITMN @ 35.95.

    DAY TRADER – TAKE PROFIT — 2010-Mar-11 10:55:29: COVER $BUCY @ 64.10.

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-11 10:39:26: SHORT $BUCY @ 64.22.

    BEST IDEA — SPM+Game Theory 79 LONG PRO (recently added to database) — Projected target price $59.00 –2010-Mar-11 10:30:14: BUY $NILE @ 55.14. — Poor Execution.

    CLOSEOUT POSITION – TAKE LOSS on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-11 10:10:50: COVER $CAKE @ 26.99.

    DAY TRADER – TAKE PROFIT — 2010-Mar-11 10:05:42: COVER $X @ 59.91 (average) .

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-11 10:00:47: SELL $HBAN @ 5.53 —- Intent to revisit.

    DAY TRADER – Macd consideration – 2010-Mar-11 09:57:47: SHORT $X @ 60.18.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-11 09:08:06: SELL $IMAX @ 16.63. (poor execution)

    DAY TRADER – TAKE PROFIT — 2010-Mar-11 09:04:05: SELL $X @ 59.45.

    DAY TRADER – Macd consideration –2010-Mar-11 09:00:29: BUY $X @ 59.22

    DAY TRADER – TAKE PROFIT —2010-Mar-11 08:56:50: COVER $HSY @ 41.41.

    DAY TRADER – Change in SPM+Game Theory PRO rating – 2010-Mar-11 08:35:37: $BUY C @ 4.02.

    BEST IDEA — SPM+Game Theory 80 LONG PRO– Projected target price $07.90 — 2010-Mar-11 08:33:24: BUY $HBAN @ 5.32.

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-11 08:30:08: SHORT $HSY @ 41.50.

     

  • Contra-opinion on $IMAX

    stocksmirf 14:38 on March 11, 2010 | 0 Permalink | Log in to leave a Comment

    Check this contra-opinion —- Brigantine says Imax has undergone a significant transition — from film to digital, from the museum to the mall and from highly leveraged cash constrained business to one with a clean balance sheet and strong profitability. Firm notes rising consumer interest in 3D and strong support from exhibitors and studios paves the way for the company’s continued success. On the heels of a big Q4 and headed into an even better Q1, they are raising ests and tgt to $22 from $14, reflecting a 25x multiple on new De10E EPS of $0.90. Firm says Imax reported a monster fourth quarter as the combination of the expanding joint venture model and a strong film slate drove growth well beyond their expectations. The company reported EPS (ex-SBC) of $0.20. They had modeled $39.6M/$0.08 and the consensus (which contains a mix of estimates with and without SBC) was $45.3M/$0.08. Firm says note that on a GAAP basis the company reported EPS of $0.07, which included the impact of $8.9 mln in charges related to stock appreciation rights.

     

  • UPDATE: $IMAX - Profit PROFIT

    stocksmirf 14:26 on March 11, 2010 | 0 Permalink | Log in to leave a Comment

    Even though profits were taken at higher prices, many BTD followers use our EXIT POINTS to determine range of the stock’s potential direction. However in this instant, EXIT at current levels justified. — Look at another opinion. Imax: Looking past 4Q results concerns about business risk remain – Merriman (16.33 +0.18) — Merriman notes that IMAX reported 4Q results with revs of $54.2 mln vs. the firm’s $42.9 mln est (consensus of $46.7 mln) and EPS of $0.06 vs. the firm’s estimate of $0.08 (consensus of $0.07). GM’s came in at 51.4% vs. the firm’s est of 54.0% and operating margins came in at 11.6% vs. the firm’s est of 19.6%. Looking past the co’s 4Q results, the firm believes that IMAX’s current valuation on FY11 estimates of 6.0x revenues, 15.6x EBITDA and 35.2x EPS reflects investor optimism that the box office success of Avatar will be replicated with 3D releases in 2010 and beyond. However, the firm believes IMAX’s box office results and overall profitability are likely to decline considerably with the influx of additional 3D competition — something the firm believes many investors have not fully considered. The firm feels that an EBITDA multiple of 10-11x on their FY10 estimate of $71 mln is more than appropriate given the current outlook — yielding downside risk for IMAX shares to the $10.00-11.00 level. However, should the firm’s predictions on business model disruptions prove correct, they could see downside well below those levels.

     

  • UPDATE: $IMAX

    stocksmirf 10:18 on March 11, 2010 | 3 Permalink | Log in to leave a Comment

    IMAX — RETAIN LONG POSITION TO EXIT POINT — Pre-Market: 17.43 Up 1.41 (8.80%)

     

    • stocksmirf 10:23 on March 11, 2010 Permalink

      Just one of many — last 15 ideas — 13 + , 2-, 1 even. Check Today’s Action to review overall performance — total transparency without the SPIN.

    • stocksmirf 10:20 on March 11, 2010 Permalink

      Are you ready yet? Beat the Dart is the location for prime content action and profits!

    • stocksmirf 10:19 on March 11, 2010 Permalink

      Suggested at —– BEST IDEA — SPM+Game Theory 79 LONG PRO– Projected target price $17.00 — Earnings Play- 2010-Mar-10 14:14:47: BUY IMAX @ 15.79.

  • Today's Action - 91.92%

    stocksmirf 17:47 on March 10, 2010 | 0 Permalink | Log in to leave a Comment

    Performance: SPM+Game Theory PRO rating 91.92%

    Today’s Action
    03.10.10. 4:00 pm EST

    …March 10 , 2010

    ^^^

    BEST IDEA – SPM+Game Theory 80 LONG PRO– Projected target price $4.90 (new) — 2010-Mar-10 14:39:38: BUY $NBG @ 4.32

    DAY TRADER – TAKE PROFIT — 2010-Mar-10 14:36:32: COVER BA @ 70.17

    DAY TRADER – TAKE PROFIT — 2010-Mar-10 14:34:48: COVER X @ 59.89.

    BEST IDEA – SPM+Game Theory 79 LONG PRO– Projected target price $17.00 — Earnings Play- 2010-Mar-10 14:14:47: BUY IMAX @ 15.79.

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-10 14:04:52: SHORT $BA @ 70.23.

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-10 14:00:37: SHORT $X @ 60.11.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-10 10:40:11: SELL $COP @ 51.49.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-10 10:22:21: SELL $YRCW @ 0.52.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-10 10:18:14: SELL $BAC @ 17.23.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-10 10:17:31: SELL $C @ 4.01.

    CLOSEOUT POSITION – TAKE LOSS on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-10 10:07:26: SELL $FLOW @ 3.07.

    CLOSEOUT 1/2 of existing POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-10 10:04:38: SELL$ BAC @ 17.28.

    DAY TRADER … Closed out at even or near even on entire position – 2010-Mar-10 10:02:01: SELL $X @ 60.48.

    DAY TRADER – TAKE PROFIT —2010-Mar-10 09:33:56: COVER $ITMN @ 38.43.

    BEST IDEA – NO SPM+Game Theory PRO rating– Projected target price $7.00 –2010-Mar-10 09:19:29: BUY $CHME.OB @ 4.35. – Special Situation – add to position

    CLOSEOUT POSITION – TAKE LOSS on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-10 09:16:54: SELL $TIVO @ 16.55.

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-10 09:12:52: BUY $X @ 60.48.

    CLOSEOUT 1/3 of POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-10 08:51:01: SELL $BAC @ 17.11

    DAY TRADER – TAKE PROFIT —2010-Mar-10 08:45:07: SELL $SONC @ 9.31

    BEST IDEA – SPM+Game Theory 78 LONG PRO (recently added to database) — Projected target price $02.00 –2010-Mar-10 08:43:16: BUY $ETFC @ 1.67.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-10 08:38:21: SELL $AA @ 13.71.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-10 08:35:13: SELL X @ 60.82.

    DAY TRADER – Special Situation – 2010-Mar-10 08:32:46: SHORT ITMN @ 38.63.

    DAY TRADER – Change in SPM+Game Theory PRO rating -2010-Mar-10 08:07:07: BUY SONC @ 9.10.

    BEST IDEA – NO SPM+Game Theory PRO rating– Projected target price $7.00 –2010-Mar-10 07:28:59: BUY CHME.OB @ 4.27. – Special Situation –

     

  • UPDATE: $GGC

    stocksmirf 16:33 on March 10, 2010 | 0 Permalink | Log in to leave a Comment

    RETAIN POSITION TO EXIT POINT —–
    3:22PM ET: 16.72 Up 1.02 (6.50%)

    Best Idea — – SPM+Game Theory 82 LONG PRO – Projected target price $19.00 (new)- add to position – 2010-Feb-22 11:47:54: BUY GGC @ 15.34.

     

  • UPDATE: $CMC

    stocksmirf 12:00 on March 10, 2010 | 0 Permalink | Log in to leave a Comment

    CMC – Commercial Metals: strength in stock (+1.4%) follows increased Fidelity position this morning (If TRADING TO EXIT POINT RETAIN POSITION – last $18.00 +0.25 — suggested at $16.23 on 02.23.10) —- Fidelity disclosed an 11.1% stake in amended 13G filing out before the open, which represents an increase from the 7.4% previously disclosed on 2/16. Of note, CMC calls were very active yesterday as takeover chatter, with the Mar 17.5 calls trading nearly 20K contracts vs. open int of 19.8K, pushing implied volatility higher. The co is confirmed to report earnings Mar 24, which falls outside the Mar expirations cycle.

     

  • Dartline™ First Look - morning directional planner

    stocksmirf 08:17 on March 10, 2010 | 0 Permalink | Log in to leave a Comment

    March 10, 2010, 7:00 am EST — … The Standard & Poor’s 500 index futures up 1.20 to 1141.70, as exports in China were up 45.7 percent over a year earlier, beating analyst forecasts of 35 to 40 percent growth. Imports surged 44.7 percent, the agency said, reflecting growing demand in China as it emerges from the global crisis. China’s global trade surplus was $7.6 billion in February and the combined January-February surplus was $21.8 billion. Its trade surplus with the United States in the January-February period shrank by 27 percent to $20.9 billion. The gap with the 27-nation European Union, China’s biggest trading partner, widened by 34 percent to $22.3 billion. China’s combined trade surpluses with its major export markets were larger than its global surplus because it also ran substantial deficits with Australia, Brazil, Taiwan and other suppliers of iron ore, industrial components and other materials needed by its booming export manufacturers. The commerce minister, Chen Deming, cautioned Saturday that despite stronger recent trade, it will be two to three years before China’s exports return to pre-crisis levels. … Meanwhile, A market surge that began a year ago appears to have run out of steam recently. Traders are no longer looking for just anecdotal evidence that a recession is easing like they were last year. Now they want to see signs of sustained economic growth. With little economic data released since last week’s better-than-expected jobs report, investors haven’t made any big moves. However, a report due out Wednesday is expected to show business inventories rose 0.2 percent in January. … In Europe, the FTSE 100 index of leading British shares was down 1.23 point to 5,601.07 while Germany’s DAX rose 8.72 points, or 0.2 percent, to 5,894.61. The CAC-40 in France was 5.78 points, or 0.2 percent, higher at 3,915.79. … Of interest — Britain Prime Minister Gordon Brown confirmed that the annual budget statement will be on March 24, meaning that it’s even more likely that the British general election will be on May 6 — election campaigns usually last a month or so in Britain. … The pound traded 0.8 percent lower at $1.4875, following the news that the recovery in Britain’s industrial sector ground to a halt in January — official figures showed that industrial production fell by 0.4 percent during the month, with manufacturing output down by an even greater 0.9 percent. Though the industrial sector only accounts for around 18 percent of the British economy, the figures reinforced fears that the British economy may contract again in the first quarter of the year following grim trade data on Tuesday. The pound has been undermined in recent weeks by growing concerns about the upcoming general election following the closing of the gap between the opposition Conservative Party and the governing Labour Party in a raft of opinion polls. Investors are worried that an unclear election outcome where no one party gets an overall majority may stymie attempts to get borrowing down. On Tuesday, Fitch Ratings said Britain’s triple A rating was merited but it did warn that more needs to be done by the next government to get a handle on Britain’s budget deficit, which is poised to be around 12 percent of the country’s gross domestic product this year — not far off from Greece’s levels. The euro was 0.1 percent lower at $1.3585 while the dollar rose 0.5 percent to 90.36 yen. … . — Maintain resistance for the S&P 500 index at 1150.41 and support at 1102.80. Critical next two days as the index will determine near term direction whether resistance holds or not. Meanwhile, trade the market cautiously with a neutral bias.

     

  • Today's Action - 83.3%

    stocksmirf 17:31 on March 9, 2010 | 0 Permalink | Log in to leave a Comment

    Today’s Action

    Performance: SPM + Game Theory PRO rating 83.36%

    …March 9 , 2010

    ^^^

    BEST IDEA — SPM+Game Theory 79 LONG PRO– Projected target price $4.00 — Earnings Play – 2010-Mar-09 14:57:46: BUY $FLOW @ 3.25.

    CARRY SHORT POSITION OVENIGHT — 3:48 pm … $CAKE – last $25.58

    BEST IDEA — SPM+Game Theory 80 LONG PRO– Projected target price $17.90 — 2010-Mar-09 14:31:10: BUY $BAC @ 16.80. — Add to position -

    BEST IDEA — SPM+Game Theory 80 LONG PRO– Projected target price $61.05 — 2010-Mar-09 14:28:23: BUY $X @ 59.80

    CLOSEOUT 2/3 of POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-09 13:51:34: SELL $BAC @ 16.90. —- Intent to revisit.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-09 11:15:56: SELL $CAT @ 59.46. —- Intent to revisit.

    BEST IDEA — SPM+Game Theory 79 LONG PRO– Projected target price $14.40 (new) –2010-Mar-09 10:48:13: BUY AA @ 13.64.

    BEST IDEA — SPM+Game Theory 80 LONG PRO– Projected target price $17.90 (new) — 2010-Mar-09 10:06:43: BUY $BAC @ 16.76 (average)

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-09 09:56:59: SELL $GLW @ 18.34.

    DAY TRADER – TAKE PROFIT — 2010-Mar-09 09:48:34: SELL $BAC @ 16.81.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-09 09:45:59: SELL $OSTK @ 14.61.

    DAY TRADER – Macd consideration – 2010-Mar-09 09:04:31: BUY $BAC @ 16.68.

    CLOSEOUT POSITION – TAKE LOSS on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-09 08:58:48: SELL $KR @ 22.31.

    CLOSEOUT POSITION – TAKE LOSS on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-09 08:55:38: SELL $CASY @ 30.37

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-09 08:43:40: COVER $ATHN @ 39.01. Poor Execution -

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-09 08:34:56: COVER $COF @ 37.58.

    DAY TRADER – Special Situation – 2010-Mar-09 08:17:49: SHORT $CAKE @ 25.45 (new)

     

  • UPDATE: $YRCW

    stocksmirf 14:01 on March 9, 2010 | 0 Permalink | Log in to leave a Comment

    YRCW suggested long at $0.34. KEEP LONG Position. Last $0.50. Says will continue to monetize the assets they have in order to improve balance sheets Have taken $536 mln of debt of the balance sheet; says will attack letters of credit in 2010 (about $460 mln of debt); feels confident that $100-200 mln tied up in letters of credit that will become available after getting reviews from ratings agencies… plan reverse stock split in the next 60 days; get the stock into a single digit dollar range which will help co become more effective in the equity markets; says billion shares is too much… cap ex is $50-100 mln and back end loaded… fleet avg is approx 4 years…

     

  • UPDATE: $C

    stocksmirf 13:51 on March 9, 2010 | 0 Permalink | Log in to leave a Comment

    C- RETAIN LONG POSITION —- Citigroup options are the most active options today as the stock breaks out to multi-month highs, with call volume of ~545K far outpacing put volume of 82K. The March 4.00 and April 4.00 calls seeing the heaviest single-contract volume, with over 150K contracts trading at each strike. Citi’s stock is seeing significant relative strength as well, gaining +7% vs. a +0.5% gain in the XLF (Financial Sector SPDR). Heavy call volume in an individual stock is generally viewed as having a bullish tone, and today’s situation in Citi options demonstrates a high relative call volume (C options typically trade a total of 300K contracts per day).

     

  • UPDATE: $CMC, $COP

    stocksmirf 13:42 on March 9, 2010 | 0 Permalink | Log in to leave a Comment

    Note: Many BTD followers are HOLDING CMC to exit point — If so retain long position; as for COP — maintain LONG BUY.

    Heavy rumor activity continued today, as another set of rumors made the rounds this morning. Commercial Metals (CMC 17.41 +1.16) spiked to session highs following chatter Nucor (NUE 45.16 +0.32) could be interested in the co. CMC shares are now up 7% on the day. QLogic (QLGC 19.30 +0.28) shares showed strength following rumors the co hired strategic advisors, after hearing interest from a few parties. Another strong mover was Southwestern Energy (SWN 42.95 +0.74). The stock is up 4% on the day following a rumor ConocoPhillips (COP 50.87 +0.14) could be interested in the co. As mentioned before, while many rumors circulate during the day, and the validity of the source of these rumors can be questionable, the speculation may increase volatility in the near term.

     

  • stocksmirf 11:42 on March 9, 2010 | 0 Permalink | Log in to leave a Comment

    If you were late to the show — not our fault? MGH was posted at 9:30 am EST. … Get it first and timely from http://jellybeantrader.com/todays-game-plan/jb-stock-fund/trading-desk/

     

  • Jellybean Trader Play - UPDATE: $MGH

    stocksmirf 11:39 on March 9, 2010 | 1 Permalink | Log in to leave a Comment

    03.09.10 — 9:30 am EST — BUY Minco Gold Corporation – MGH – last $0.99. Projected Target Exit — $3.50 — 10-months. MHG is a mining company, through its subsidiaries, engages in the acquisition, exploration, evaluation, and development of gold, silver, and base metal properties in the People’s Republic of China and Canada. It owns 16 gold properties covering approximately 1,000 square kilometers of mineral rights. The company was formerly known as Minco Mining & Metals Corporation and changed its name to Minco Gold Corporation in January 2007. Minco Gold Corporation was founded in 1982 and is headquartered in Vancouver, Canada. … MGH announced this morning ((9:05 am EST) the discovery of a large gold zone on its 100% owned Oujiaba property, within the Yangshan Gold Belt, Gansu Province P.R.C. The discovery has been traced for approximately 6 kilometres and has the same host lithologies as the Anba gold deposit. The Anba deposit is considered to be a Carlin-type gold deposit and is estimated to have over 10 million oz Au. … VANCOUVER, BRITISH COLUMBIA–(Marketwire – 03/09/10) – Minco Gold Corporation (the “Company” or “Minco Gold”) (TSX:MMM – News)(AMEX:MGH – News)(Frankfurt:MI5 – News) is pleased to announce the discovery of a large gold zone on its 100% owned Oujiaba property, within the Yangshan Gold Belt, Gansu Province P.R.C. The discovery has been traced for approximately 6 kilometres and has the same host lithologies as the Anba gold deposit. The Anba deposit is considered to be a Carlin-type gold deposit and is estimated to have over 10 million oz Au. Please refer to the property map with sample results on the Minco website. The gold enriched, hydrothermally altered structural trend has been discovered during the 2009 exploration program which consisted of traversing and trenching. The mineralization has a width ranging from 5 to 10 metres and is hosted along the contact of hanging wall limestone and heavily folded footwall phyllite which is intruded by numerous intrusive dykes. Numerous grab samples taken from outcrop along the structure returned 0.5g/t to 27.9g/t Au. The Oujiaba property, located 25 kilometres east of the Anba gold deposit, is part of the Company’s 100% owned Longnan Project which is located within the Yangshan Gold Belt. In 2010 Minco will continue to explore and define this favourable target with further sampling, trenching, geophysics and potentially diamond drilling. Samples were prepared and assayed at SGS – CSTC Standards Technical Company, TEDA Tianjin, PRC under the supervision of an International certified assayer. Samples were analyzed with fire assay with AAS finish for gold and aqua regia with an AAS finish for silver. External check samples were sent to Intertek Laboratories in Beijing, PRC for additional check analysis. Mr. Dwayne Melrose, P.Geo. Vice President Exploration for Minco Gold, has reviewed this news release and is the Qualified Person responsible for verification and quality assurance of the company’s exploration data and analytical results. About Minco Gold — Minco Gold Corporation (TSX:MMM – News)(AMEX:MGH – News)(Frankfurt:MI5 – News) is a Canadian mining company involved in the direct acquisition and development of high-grade, advanced stage gold properties. The Company owns an exploration property portfolio covering more than 1,000 square kilometres of mineral rights in China. For more information on Minco Gold and its properties, please visit the website at http://www.mincomining.ca. Projected Target Exit — $3.50 — 6-months.

     

  • Dartline™ First Look - morning directional planner

    stocksmirf 08:41 on March 9, 2010 | 0 Permalink | Log in to leave a Comment

    March 9, 2010, 7:00 am EST — The Standard & Poor’s 500 index futures down 4.80 to 1132.20, as Britain’s FTSE 100 index was down 0.4 percent at 5,584.32, Germany’s DAX down 0.3 percent to 5,856.79 and France’s CAC-40 down. 0.3 percent to 3,892.31. In Asia, markets were cautious ahead of key reports on the region’s two biggest economies, China and Japan, that are due Wednesday. The strength of Chinese trade data could give investors a better sense of when and how Beijing will wean the country off its economy-boosting measures. A report on Japanese machinery orders, a key gauge of company spending, could provide more insight into the state of global trade and the world’s second-largest economy. Tokyo’s Nikkei 225 stock average fell 18.27 points, or 0.2 percent, 10,567.65. Hong Kong’s Hang Seng added 0.1 percent to 21,207.55 and South Korea’s main benchmark edged up 0.1 percent to 1,660.83. Shanghai’s market climbed 0.5 percent, while markets in Australia, Taiwan and Singapore rose as well. India’s market was down. … Meanwhile, Greek Prime Minister George Papandreou was due to meet President Barack Obama later Tuesday to discuss stricter regulations on hedge funds and currency traders that Athens believes aggravated their crisis. Pledges of support for Greece from France and Germany over the weekend lacked concrete details, and investors will keep an eye on the country’s financial markets — particularly the rate at which is can raise money on capital markets — for signs that confidence in being restored. Greece last week raised euro5 billion ($6.83 billion) in a 10-year bond sale, but the 6.25 percent rate it paid is still considered too high. The country would like to borrow at more moderate rates. To avoid future fiscal crises, France and Germany have floated the idea of creating a European monetary fund which would have the authority to enforce budget cuts and offer funds to countries facing debt trouble. Such a fund, however, would not be of help to Greece now as it would take months to agree. … Oil prices slipped to near $81 a barrel, losing momentum after a 4-week run-up fueled by growing investor optimism about global economic growth. Benchmark crude for April delivery was down 84 cents to $81.03 a barrel after adding 37 cents overnight. The dollar was lower at 89.76 yen from 90.28 yen and the euro weakened to $1.3590 from $1.3631. — Maintain resistance for the S&P 500 index at 1150.41 and support at 1102.80. International markets suggest a step back and allow the events to unfold. Since markets are driven by the carry trade, low volume and lack of new money, US stocks require a major catalysis to keep moving higher. However, enough noise is available to not anticipate a sharp drop in values. Manipulation is alive and well — got with the trends and stay focused as what is really happening.

     

  • Today's Action --- rating 85.12%.

    stocksmirf 17:29 on March 8, 2010 | 0 Permalink | Log in to leave a Comment

    Today’s Action

    …March 8 , 2010

    Performance: SPM+Game Theory PRO rating 85.12%.

    ^^^

    BEST IDEA — SPM+Game Theory 79 LONG PRO– Projected target price $19.90 –2010-Mar-08 14:38:04: BUY $GLW @ 18.28.

    DAY TRADER – TAKE PROFIT — 2010-Mar-08 14:19:12: COVER $RIMM @ 73.49.

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-08 13:53:34: SHORT $RIMM @ 73.76.

    BEST IDEA — SPM+Game Theory 83 LONG PRO– Projected target price $25.90 — Earnings Play – 2010-Mar-08 13:20:03: BUY $KR @ 22.90.

    BEST IDEA — SPM+Game Theory 79 LONG PRO (recently added to database) — Projected target price $15.30. — … Earnings Play – 2010-Mar-08 13:07:30: BUY $OSTK @ 13.83.

    BEST IDEA — SPM+Game Theory 80 LONG PRO — Projected target price $34.00 — 2010-Mar-08 11:37:58: BUY $CASY @ 31.75 Earnings Play -

    BEST IDEA — SPM+Game Theory 79 SHORT PRO — Projected target price $37.25 — 2010-Mar-08 10:52:06: SHORT $ATHN @ 39.24. Earnings Play -

    BEST IDEA — SPM+Game Theory 82 LONG PRO — Projected target price $4.40 — 2010-Mar-08 09:30:42: BUY $C @ 3.59

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-08 08:36:29: SELL $KMGB @ 14.88.

     

  • Dartline™ First Look - morning directional planner

    stocksmirf 08:52 on March 8, 2010 | 0 Permalink | Log in to leave a Comment

    March 8, 2010, 7:00 am EST — … The Standard & Poor’s 500 index up 1.40 to 1137.90, while Japan’s Nikkei stock average up 2.1 percent, Britain’s FTSE 100 down 0.2 percent, Germany’s DAX index down less than 0.1 percent, and France’s CAC-40 was unchanged. With little economic data due out during the first half of this week and earnings results slowing to a trickle, investors will be looking for other cues to give the market direction. Stocks rallied last week on encouraging economic data, including a better-than-expected employment report, and a new wave of corporate dealmaking. … The recent surge in corporate mergers and acquisitions continued Monday. Insurer American International Group Inc. reached a deal to sell one of its major foreign subsidiaries to MetLife Inc. for $15.5 billion. The deal, though, wasn’t a surprise. MetLife had confirmed last month it was in talks with AIG to buy the unit known as Alico. It’s the second major sale AIG has made this month as part of its plans to streamline operations, shed assets and repay more than $100 billion in government bailout money it received during the credit crisis. … Investors will get a handful of economic reports toward the end of the week that should provide some insight into the health of the economy. Reports on wholesale and business inventories, retail sales and consumer sentiment are all scheduled for release beginning Wednesday and running through the rest of the week. Major indexes all jumped more than 1 percent on Friday after the Labor Department said employers cut fewer jobs in February than predicted. The unemployment rate also held steady at 9.7 percent. Economists polled by Dartline forecast it would rise to 9.8 percent. The encouraging signs in the report have investors hopeful that employers will start to add jobs in the coming months. High unemployment has been a major stumbling block to a strong, sustained recovery. The noise: If more people can return to the work force, that should help boost consumer spending, which is the primary driver of economic activity in the country. Meanwhile, bond prices fell Monday. The yield on the benchmark 10-year Treasury note, which moves opposite its price, rose to 3.70 percent from 3.69 percent late Friday. The dollar fell against other major currencies, while gold prices were little changed. … — Keep resistance for the S&P 500 index at 1150.41 and support at 1102.80. Maintain upside bias, but with short fuse.

     

  • PERFORMANCE - week ending March 5, 2010 - success rate 93.124% on transactions

    stocksmirf 17:21 on March 5, 2010 | 0 Permalink | Log in to leave a Comment

    For the week ending March 5, 2010, 4:00 pm EST, the BTD portfolio had a net performance gain of 4.01 percent on 55 full circle transactions, and a success of 93.124 percent.

    ___________

    All closed transactions are posted below:

    …March 5 , 2010

    CARRY SHORT POSITION OVERNIGHT — 3:50 pm … ITMN – last $23.15

    CARRY LONG POSITION OVERNIGHT — 3:45 pm … TIVI – last $14.49 ; CAT – last $59.21

    DAY TRADER … Closed out at even or near even on entire position – 2010-Mar-05 14:51:18: COVER X @ 58.89.

    BEST IDEA — SPM+Game Theory 80 LONG PRO (recently added to database) — Projected target price $17.10 — … Earnings Play – 2010-Mar-05 14:35:21: BUY KMGB @ 14.60.

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-05 14:22:33: SHORT X @ 58.92

    BEST IDEA — SPM+Game Theory 80 SHORT PRO — Projected target price $35.00 (new) — 2010-Mar-05 14:08:19: SHORT COF @ 37.94. Include Day Trader position.

    DAY TRADER – Macd consideration –2010-Mar-05 13:45:21: SHORT ITMN @ 23.00.

    DAY TRADER – TAKE PROFIT — 2010-Mar-05 13:25:47: COVER ITMN @ 22.72

    DAY TRADER – Macd consideration –2010-Mar-05 12:03:40: SHORT ITMN @ 22.99.

    DAY TRADER – TAKE PROFIT — 2010-Mar-05 11:49:26: COVER ITMN @ 23.12

    DAY TRADER – Special Situation – 2010-Mar-05 10:36:13: SHORT ITMN @ 24.08.

    BEST IDEA — SPM+Game Theory 81 LONG PRO– Projected target price $54.00 — 2010-Mar-05 10:16:16: BUY COP @ 50.36.

    BEST IDEA — SPM+Game Theory 79 LONG PRO (recently added to database) — Projected target price $21.00 — 2010-Mar-05 10:00:26: BUY TIVO @ 17.24. Include Day Trader position.

    DAY TRADER – Change in SPM+Game Theory PRO rating – 2010-Mar-05 09:57:40: SHORT COF @ 37.47.

    DAY TRADER – TAKE PROFIT — 2010-Mar-05 09:36:29: SELL AA @ 13.66.

    DAY TRADER – TAKE LOSS — 2010-Mar-05 08:57:35: SELL RIMM @ 69.44

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-05 08:53:27: COVER COF @ 36.34

    DAY TRADER – TAKE PROFIT —2010-Mar-05 08:51:03: COVER ASH @ 49.65

    DAY TRADER – Macd consideration – 2010-Mar-05 08:48:02: BUY CAT @ 59.37.

    DAY TRADER – Special Situation – 2010-Mar-05 08:32:55: BUY TIVO @ 17.87.

    DAY TRADER – Change in SPM+Game Theory PRO rating – 2010-Mar-05 08:16:32: BUY AA @ 13.56.

    DAY TRADER – Special Situation – 2010-Mar-05 07:59:23: BUY RIMM @ 70.16 (new)

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-05 07:45:53: SHORT ASH @ 49.80 (new)

    March 4 , 2010

    BEST IDEA — SPM+Game Theory 81 SHORT PRO (recently added to database) — Projected target price $34.90 — 2010-Mar-04 14:42:40: SHORT COF @ 37.01

    DAY TRADER – TAKE PROFIT — 2010-Mar-04 09:37:04: COVER COF @ 36.97.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 010-Mar-04 09:35:39: SELL HIMX @ 3.03.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-04 09:34:32: SELL COGO @ 7.36

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-04 09:31:30: SELL LYG @ 3.26.

    DAY TRADER – Macd consideration – 2010-Mar-04 09:24:01: SHORT COF @ 37.11

    CLOSEOUT POSITION – TAKE LOSS on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-04 09:18:22: SELL ELN @ 7.33.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-04 09:04:07: SELL BIOD @ 4.24

    DAY TRADER – TAKE LOSS — 2010-Mar-04 08:59:05: COVER COF @ 37.18

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-04 08:57:46: SELL HIG @ 25.68

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-04 08:48:30: SHORT COF @ 37.02.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-04 08:40:19: SELL POWL @ 32.06.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-04 08:34:51: SELL WNR @ 4.77.

    CLOSEOUT POSITION – TAKE LOSS on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-04 08:30:11: SELL CMTL @ 31.22 (new)

    BEST IDEA — SPM+Game Theory 78 LONG PRO (recently added to database) — Projected target price $37.50 — 2010-Mar-04 07:40:36: BUY POWL @ 30.14.

    March 3 , 2010

    BEST IDEA — SPM+Game Theory 77 LONG PRO (recently added to database) — Projected target price $35.10 — … Earnings Play- 2010-Mar-03 14:53:40: BUY CMTL @ 33.01.

    BEST IDEA — SPM+Game Theory 79 LONG PRO (recently added to database) — Projected target price $05.80 — … Earnings Play- 2010-Mar-03 14:47:38: BUY WNR @ 4.70.

    CARRY OVENIGHT — ELN – last $7.49 – SPM+Game Theory 78 LONG PRO (recently added to database) — Projected target price $8.75 -

    DAY TRADER – TAKE LOSS — 2010-Mar-03 13:17:02: SELL BA @ 64.43.

    BEST IDEA — SPM+Game Theory 79 LONG PRO– Add to position – 2010-Mar-03 12:22:45: BUY HIG @ 25.36

    DAY TRADER – Change in SPM+Game Theory PRO rating – 2010-Mar-03 12:20:10: BUY BA of @ 64.61

    DAY TRADER – TAKE PROFIT — 2010-Mar-03 10:43:08: COVER X @ 56.95

    DAY TRADER – Macd consideration –2010-Mar-03 10:12:29: SHORT X @ 57.26.

    DAY TRADER … Closed out at even or near even on entire position – 2010-Mar-03 09:38:24: SELL UPS @ 59.89

    DAY TRADER – TAKE PROFIT — 2010-Mar-03 09:08:31: SELL NFLX @ 66.57.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-03 08:42:20: SELL DIN @ 33.08

    DAY TRADER – Special Situation – 2010-Mar-03 08:39:04: BUY NFLX @ 66.12

    CLOSEOUT POSITION … Closed out at even or near even on entire position – 2010-Mar-03 08:36:03: SELL KCP @ 12.59.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board — 2010-Mar-03 08:31:42: COVER COST @ 60.22.

    DAY TRADER – Change in SPM+Game Theory PRO rating – 2010-Mar-03 08:29:28: BUY UPS @ 59.95.

    DAY TRADER – Change in SPM+Game Theory PRO rating – 2010-Mar-03 08:27:53: BUY ELN @ 7.75.

    March 2 , 2010

    BEST IDEA — SPM+Game Theory 80 LONG PRO — Projected target price $15.90 — … Earnings Play – 2010-Mar-02 14:56:23: BUY KCP @ 12.53.

    BEST IDEA — SPM+Game Theory 81 SHORT PRO — Projected target price $58.45 — Earnings Play – 2010-Mar-02 14:36:44: SHORT COST @ 61.34.

    BEST IDEA — SPM+Game Theory 79 LONG PRO — Projected target price $32.25 — … Earnings Play – 2010-Mar-02 14:04:57: BUY DIN @ 29.49.

    DAY TRADER – TAKE PROFIT —2010-Mar-02 13:29:21: COVER FCX @ 78.13.

    DAY TRADER – Change in SPM+Game Theory PRO rating –2010-Mar-02 13:16:42: SHORT FCX @ 78.31.

    BEST IDEA — SPM+Game Theory 81 LONG PRO– Projected target price $31.00 — 2010-Mar-02 12:24:09: BUY HIG @ 25.69.

    DAY TRADER … Closed out at even or near even on entire position – 2010-Mar-02 10:06:38: COVER QCOM @ 37.39

    CLOSEOUT POSITION – TAKE LOSS on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-02 09:58:02: SELL HYC @ 3.51.

    DAY TRADER – Macd consideration – 2010-Mar-02 09:47:39: SHORT QCOM @ 37.38.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-02 08:39:36: SELL AA @ 13.41.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board – 2010-Mar-02 08:38:08: SELL NBG @ 4.09.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board -2010-Mar-02 08:31:38: SELL BAC @ 16.68 (average) .

    March 1 , 2010

    BEST IDEA — SPM+Game Theory 79 LONG PRO (recently added to database) — Projected target price $05.00 — 2010-Mar-01 14:40:26: BUY HYC @ 3.56.

    CARRY OVENIGHT — 3:34 pm EST — BAC- last $16.67

    CLOSEOUT POSITION – … Closed out at even or near even on entire position – 2010-Mar-01 13:40:38: COVER DPS @ 31.24

    BEST IDEA — SPM+Game Theory 80 LONG PRO — Projected target price $15.50 — 2010-Mar-01 11:06:19: BUY AA @ 13.38

    DAY TRADER – Change in SPM+Game Theory PRO rating – 2010-Mar-01 10:31:49: BUY BAC @ 16.63.

    CLOSEOUT POSITION – TAKE PROFIT on BEST IDEA posting as confirmed on the Financial Message Board — 2010-Mar-01 08:54:56: SELL DBRN @ 25.50.

    BEST IDEA — SPM+Game Theory 79 LONG PRO (recently added to database) — Projected target price $05.50 (near term) — 2010-Mar-01 08:44:42: BUY LYG @ 3.03.

     

  • UPDAT: $ITMN - Take Profit

    stocksmirf 13:54 on March 5, 2010 | 2 Permalink | Log in to leave a Comment

    DAY TRADER – TAKE PROFIT — 2010-Mar-05
    BTD makes money, not noise. Following us will make your richer! Merely one trade — as of 12:53 pm BTD is 7 out of 6 that are on the money.

    11:49:26: COVER ITMN @ 23.12

    DAY TRADER – Special Situation – 2010-Mar-05 10:36:13: SHORT ITMN @ 24.08.

     

  • Dartline™ First Look - morning directional planner

    stocksmirf 09:07 on March 5, 2010 | 0 Permalink | Log in to leave a Comment

    March 5, 2010, 7:00 am EST — The Standard & Poor’s 500 index futures up 4.80 to 1127.20, as the SNOW is the blame for the projected weak unemployment numbers — so why worry, no worse than it is. … The Labor Department’s monthly report is widely seen as the most important economic indicator because jobs growth is considered a key ingredient for a strong, sustained recovery. The spin —- polled from 25 different Stockville sources — “Employees who couldn’t make it to work because of the bad weather.” Therefore, these anxious former workers were not paid benefits as job losses for February may be artificially inflated by 100,000 or more.” Overall, economists polled by Dartline forecast the unemployment rate will rise to 9.8 percent in February from 9.7 percent a month earlier. Employers likely shed 50,000 jobs last month, including the snow impact. Data from the jobs report such as average hours worked and temporary employment will be closely watched because they are considered indicators of future job growth. Indeed, the Labor Department’s report is scheduled to be released at 8:30 a.m. EST … Overseas, Britain’s FTSE 100 rose 0.4 percent, Germany’s DAX index gained 0.4 percent, and France’s CAC-40 rose 0.8 percent. Japan’s Nikkei stock average surged 2.2 percent. … — Don’t fight the noise, just play the tape. Keep resistance for the S&P 500 index at 1150.41 and support at 1102.80. Use the SPIN to trade both sides even as volume remains abnormally low. ZERO INTERESTS RATES ARE MAKING THE CARRY TRADE THE ONLY GAME IN TOWN.

     

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