There are always two ways of looking at things and its just a matter of which way the investors look at. Steve Jobs is a pretty weird guy. The guys at Atari thought he was weird in the 70s and he still is weird today. He loves to micromanage and has this god complex. You either love him or hate him. I can picture him having masterminded a fake board meeting. At the time in 2001, it seemed innocent enough since everyone was doing it. If he was as humble as Mark Hurd, I would be confident that he can get away with it. It comes down to attitude. The Steve Jobs that I saw on TV does not seem to me like a guy who will squeak through this process easily. The investors are willing to forgive right now. Lets see what happens later.
Thank God I didn't HOLD OFF! ENER crosses $36 to the highest level in nearly 6 weeks.Approaching 40 day mov avg resistance near 36.40 Now of course I've drank the cool aid and convinced myself the move is for real and I will give everything back I'm sure.
You know what peeps? I just loaded up on more ENER. Bored on a friday? Sure . Guilty. But I'll take the 90n cent pull in and hope for the best. I know it was supposed to be a swing trade and I'm probably going to lose Hangingman and the others here- but to me $40 is a layup and then we can assess wether it will ever get back to the old highs... As to OVEN it's been a real dud to watch I think I'm going to drop it from the SI watch list. An interesting side note in researching OVEN you keep running into MIDD Middleby. Folks this IS a great company. I mean it goes for over a hundred bucks but this is an oven company with soul. Great innovative new products and sits smack in the middle of this Transfat situation with these new oil cookers that are healthier and faster. I may in the future do a whole piece on OVEN's main competitor- MIDD- cause they sure look good.
I had a feeling: ENER tags $37 for the first time since 12/20, +$1.17 today. Back over its 40 day mov avg resistance (daily chart).... stoney to the rescue!
Did you ever get in the OVEN Stoney? Looks like it is breaking out. Up 3.5% today on decent volume. I'm thinking I'll be cooking breakfast tomorrow a.m.
Looks Like a short stock for a few days % sure Long Long PT Long S/L _______ Short Short PT Short S/L 90.1% 14.5501 15.3470 14.2465 _______ 16.1092 15.3088 16.4141 95.0% 14.3827 15.4028 14.1106 _______ 16.2773 15.2528 16.5506 98.3% 14.1685 15.4742 13.9056 _______ 16.4924 15.1811 16.7564 99.7% 13.8943 15.5656 13.6020 _______ 16.7678 15.0893 17.0614 100.0% 13.5434 15.6825 13.1817 _______ 17.1202 14.9718 17.4835 generally sell till aug this year Target 10 But north from there till 24 these days is sugget u short it (10 days or so)
Nice ride to 37 % sure Long Long PT Long S/L _______ Short Short PT Short S/L 90.1% 27.0405 30.2157 25.8308 _______ 33.5835 30.0013 34.9483 95.0% 26.3737 30.4379 25.2892 _______ 34.3358 29.7506 35.5593 98.3% 25.5202 30.7224 24.4727 _______ 35.2987 29.4296 36.4804 99.7% 24.4277 31.0866 23.2629 _______ 36.5312 29.0187 37.8453 100.0% 23.0293 31.5527 21.5884 _______ 38.1088 28.4929 39.7345 I think will get by the end of march http://www.elitetrader.com/vb/showthread.php?s=&postid=1369205#post1369205
Gone absolutely no where Folks rooted at $15. But the market has swooned 4%... so now a dead stock may turn into a bit of a RS play. sure they booted earnings good and compared to MIDD they are but a pimple of George Forman's forearm... but time to keep it back ontop of the watch list because as we remember- April is consumer rollout month for Turbochef. Also how would you all like a pizza pie in 3 minutes? Maybe not but how badly would a big pizza chain like to make a pie in 3 minutes? TurboChef to Unveil Fastest Conveyor Oven ATLANTA--(BUSINESS WIRE)--TurboChef Technologies (NASDAQ: OVEN - News), the world leader in speed cook solutions and innovation, today announced its debut of what it believes is the fastest conveyor oven ever to hit the market. TurboChef will showcase its new patent pending oven, currently named the HhC3240, at the International Pizza Expo 2007 being held next week in Las Vegas (March 20 - 22). The gas-fired HhC3240 oven delivers pizza cook times easily reaching the three and a half minute mark, which the company believes is at least 20% faster than any other oven on the market today. It delivers this impressive performance while using only about half of the valuable kitchen floor space needed by the closest competing oven. Developed by TurboChef's team of leading impingement air and speed cooking engineers, the HhC3240 has been designed with a small footprint to fit virtually any application and avoid the energy losses and higher HVAC needs of larger ovens. The speed comes from a new and unique air handling design and techniques that create a more efficient, "smoother" air flow, which combined with its engineered nozzle design yield the highest heat transfer rates measured on any conveyor to date.