Let’s see:
Buy AKNS at $11.80 on market open. Sell AKNS at $14.80……..2 hours later? Book it Danno!
Hope you are on my Feedreader and caught the blog post and trade at the open.
Thank goodness for wifi and Interactive Brokers (IBKR – long). I just banged out half my AKNS for a $3 profit. I would have been happy with that profit over 12 months so I must book half. Sell when you can.
Eyeing my nemesis Starbucks down at $18 freaking dollars. What a stinker that I have stuck myself with. Starbucks needs a SOLAR coffee bean. ASAP.
Also eyeing Fedex (FDX) for my children down here at $86 and change. That has decimated investors of late.
Disclosure – Long AKNS and SBUX
That’s very interesting. You’ve got me thinking now…
Howard, you asked me to post some info on solars. I am linking you to a post on my blog, where I put some links on my views and I linked to an excellent blog post in another blog about the coming overcapacity.
Much like you I think in 2008 we will see times of some major 30-40-50% type of corrections in many of the smaller names – still like the big names, i.e. STP for safety. These articles are more long term, and the Excel chart is especially amazing to see all the capacity coming online. I expect when we come out of this in 2012 or so there will be some huge major players but there will be a lot of overexpansion and oversupply and consolidation in between. But that doesnt mean investors care about it in the near term :)
Here is the link!
http://www.fundmymutualfund.com/2008/01/long-term-in-solar.html
im starting a dunkin donuts haters club