Recap for February 2006

Realized %'s:
ASPM (options) -40%
NVDA (options) +47%
ARXT (stock) -4%
Total = +3%

Unrealized %'s(Note #1):
MHGC (stock) -2.5%


Note #1: %'s are based off of closing price of 28-Feb-2006

Broader markets got killed today. And I hope someone actually took my advice on shorting GOOG. Thing fell off the map after the CFO said 'growth' was going to slow down (duh.) I was watching this other stock- COGT which reported after the bell today and unfortunately, they're getting killed after hours. COGT does biometrics (i.e. thumbprint scans, eye retina scans, etc.) I love their product and with all the terror going around these days, Big Brother is just going to keep watching and watching and watching. I think if anything COGT would be a nice takeover buy a major large cap (i.e. GE). They bought out INVN which detects bombs at major airports.

Trading Ideas for the week of February 27th & March 1st

I'm watching GNW. I will be picking up some on or before March 2nd. I will keep you posted.

While you all are patiently waiting for some stock ideas, I thought I'd share my Tahoe Trip - February 17th-19th. (I jacked up the pictures, the beginning of my adventure starts at the bottom.)




Rich, Kwan, Moi, & Wendy. Thanks to Kwan (www.kwandom.com) who made this trip happen!






The next bunch of photos were taken at the way top. Just simply amazing.






Getting ready to go down the Black Diamond. I was at the highest point of the mountain, and you can barely make out Lake Tahoe in the background. Although you can't see it, it was really beautiful in the horizons. Pretty breathless if you ask me.
After some small trails, we reached another lift and it would be this lift that took us to the way top.
We had to go thru this path to get to the next lift. It was pretty flat, so BAD for snowboarders and NOT so bad for Skiers. There was a ton of skiers and rightfully so, since there was a lot of flat patches (i.e. give that cross country feeling.)
Here's me on the right getting ready to rock and roll. Poor Kwan had to fix his bindings, because he forgot to switch the bindings since he let someone else borrow his board.
When the Gondala dropped us off, this is where we exited. But were we at the top?? Nope. We had to go some local trails and take another lift to the top. so higher we go!








We're pretty much at the top of the Heavenly resort mountain. Here's an even better view of Lake Tahoe!
















Nearing the top of the mountain, kind of an opposite view from above. The top of the picture is Lake Tahoe.
Pretty steep mountain! Total elevation was about 10K feet. BTW...I'm still on the Gondala.
I was sporting this nice teal sleeve provided by the attendants on my board so it didn't scratch the glass of the Gandola. The ride up the mountain was at least 15 minutes, but here's me putting my game face on for the camera.
Thats me with the Oakley's on the left. Our group was waiting in line for the Gandola, which was the only way up the mountain. This Gandola fit only 6 people, but there was another Gandola which sat 30 people (a lot slower), so it took longer. The park was open from 8-4pm.

This is the backyard. You can't see it but there's actually a jacoozee(sp?)

Here's the front end of the cabin (3 bedrooms, 1 full bath) that I stayed at in Tahoe-South Lake.

Two people (and you know who you are) have asked me why I haven't had any trading/investing ideas since last week. I definitely do not try to force my ideas and come up with something every day. My strategies have very strict criteria and as I said I don't try to force it. The market right now probably doesn't even merit a long term aspect, so thats why most of my funds are tied up in cash. So hang in there! I know it's not the easiest thing to sit in cash, but sometimes sitting on the sidelines is probably the best thing one can do.

Follow-up for BIDU: As insignificant as their small growth story is, this might reinforce a good short for GOOG. Although i'm not a big fan of shorting stock (this is because the stock market over time/history goes up not down), I feel GOOG might have some near term selling pressure only because the stock basically hit a high of $475 and was quickly sold off to the low 400's, then the earnings annoucement, then it took another dive to $370s. Unfortunately, BIDU does not trade options (yet.) If I take a position (put options only), I will notify every one. I'll have some ideas shortly, so keep on checking in. Thanks!

Follow-up for NVDA: One thing i forgot to mention is that, it would be wise not to be holding 100% my 'trade' ideas for long. Although, timing things as you all know is impossible, my ideas are simply for pops and nothing more. NVDA did what it was suppose to, and thats open up in the low 50s. However, since the stock is pretty much at the mercy of the broader markets following earnings, I think the U.S. markets will have some rough waters ahead for a lot of uncertainty (i.e. new Fed chief, energy prices, IRAN, internatinal markets being attractive, etc). So i'm glad NVDA worked out like i thought it would, but please just use extreme caution on any trades. Happy Trading and have a good weekend.

Addition: Picked up MHGC x 150 @ 20

Also, I mentioned NVDA as a play this week. Because of option expiration tomorrow, I think it would be wise to pick up some March Calls. Something similiar happened to RMBS last month, where it reported the day before earnings. I believe the stock may take off next week after the February Calls have expired. So watch for good news, if so, buy some more for a short term trade.

Nasdaq: IPAS A friend of mine (Smiley) likes this stock(and options.) After doing some due diligence, I would have to agree that the stock showed both relative strength from both a technical and fundamental standpoint. Technically speaking IPAS took a one day drop due to earnings, but bounced back the following day and hasn't really looked back since. Fundamentally speaking, the stock has reiterated guidance will be within the same if not better range then what they reported to Q4. On top of that, they're going thru a merger which was shareholder approved the results will be reflected in Q1 of 2006. Although nothing will happen any time soon in terms of M&A (mergers & acquisitions) you have to like its chances of being both an acquiree and acquiror.

Trade Ideas for the week of February 13th:

Stocks: N/A
Options: NVDA

Long-Term Ideas:
Stocks: A - I believe due to market conditions this stock is getting punished. Financials look great in all aspects. Revenue was beaten pretty soundly and positive growth.
Options: N/A

Trade Ideas for the week of February 6, 2006.

Stock Ideas: ARXT

Option Ideas: ASPM