New Buy: SKBI

Last week the crazy market triggered our HITK stop.

Today I would suggest to buy SKBI with a 1% trailing stop and initial stop loss of $7.82.

Update and new buy

UPDATE

ONP too high. We missed the train this time...

1. We should have gained something with our AAPL Call-Put combination.

Personally, I made around 10% in a couple of weeks. I hope you did as well.

2. Some time ago our LANC broke its stop loss and we should have closed our position with a modest 5% gain.

3. I would buy some ONP with an initial stop loss price of $8.49

New Buy: HITK

I usually do not like to buy stocks that have been moving up and up recently, but in this case I would make an exception.

Technically HITK looks like having failed a head and shoulders (that often results in a continuing trend). Slow stochastic just gave a buy signal.

In addition to that the company fundamentals look very good: better value than industry (PE less than 10), good quick and current ration, no debts, high profitability and effectiveness. And finally, a good growth.

I would suggest to place a 1% trailing stop buy order after 10 AM. Initial stop loss at $20.84.

Let's bet on the iPad

The iPad will be on sale in a couple of days. Will it boost Apple's shares or will it disappoint Apple's customers?

I have no idea, honestly. For some aspects I do like it, for others I am afraid it cannot do many things without paying extra bucks.

So, what should we do? Well, regardless on iPad's success or failure I would expect Apple's shares to move in one way or another.

I would suggest to buy both Call and Put options on AAPL. I just bought the same amount of contracts for April 17th AAPL options with strike price $235. The cost of 1 call + 1 put contract should stay close to $6. This means that if AAPL goes under $229 or above $241, then we gain.

But beware: if AAPL stays around $235 we lose. So just bet a few hundreds dollars on this.

New buy

After a long time I am going to place a new buy order.

I would suggest to buy MORGAN STANLEY CHINA A SH FD COM (CAF).

I would suggest a 1% trailing stop buy order and an initial stop loss price of $24.98.

Stop Loss Update

Dear all,

I just changed our stop loss on LANC to $51.93.

VR stays at $23.19 and the rest of the market is to me very unclear.

Let's wait some more time before taking any position.

Recovery in progress

Dear readers,

my old computer (a Linux box working since 2001) decided it was time to retire and decided to leave me.

I am currently finishing the data and analysis tool restore on a new box and I hope we should be able to trade again soon.

As for our current portfolio (BUCY, LANC and VR) I would suggest to hold, while update our stop loss price for BUCY to $54.49.