TNK-I'm out, my limit was @ 4.50 and TNK breakthrough to 4.51 Friday to close at 4.42. Earnings are out Thursday, they were upgraded but this was a pure trade set-up and I'm comfortable with how it performed. I still own some TNK in a long-term account because of the dividend and potential dividend after the shipping sector recovers.
EMC-I am out of this as well. Those of you that have stayed since the open of the trade at 1.51 for Jan 13 25 Calls, they are now trading over 4. Approximately a 330% return so far.
CROX-17.50 Jan 13 Calls are almost up 100%, earnings due soon but looking stable.
NFLX- Pulling back now, but the 150 Calls bought when the underlying was in the 60s are up around 400%.
SIRI 2.50 Jan 13 2.50 Calls are approaching the 100% return mark.
Cloud and cloud supporting, goods and services in support of the cloud computing space are the next trend. EMC for storage, VMW for virtualization. HP is producing ridiculously low wattage servers and haven't seen the competition working this yet. Reducing energy costs will increase revenue per server and flow through the top-line right to the bottom-line. HP is around it's 52-week low, need to look into them more since the pro's have them targeted around 30.
SKYY is an ETF covering cloud and cloud support type industries. It is currently around its high and is relatively new. Would like to see if this is a good way to keep in the cloud game as an investment.
End-clients, mobile devices and application developers and APP performance management are the other side of the cloud trade.
Cloud based IPOs make up half of IPO filing form Seeking Alpha
http://seekingalpha.com/article/359781-cloud-based-solutions-drive-half-of-ipo-filing-activity-this-week
The SOLAR sector has heated back up, YNG, SOL, TSL, FSLR, MEMC all off the lows.
Looking the next big mover!
Happy trading...
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