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Wednesday, October 17, 2012

Watchlist 10-18-2012 with Earnings gambles

VHC- Sick move today with great volume.  Today marked 6 straight green days all year.  27 held strong today. New support for tomorrow 27- 27.40 must to stay above that to continue uptrend.  tomorrow i expect to see a 28.50 -29 test with volume of 700k. If we can get over 1 million volume we could possible test 30 tomorrow.
 FSLR-  support for tomorrow 24.75-25.  and a move to break 26  if it doesnt it may consolidate for a couple days before it heads back up.  put on watchlist day 1 at around 22  said this would test 26 near term and it did so in 2 days. any of the options purchased this week i believe are all up over 500%. If you played conservative monthly calls itm 22 strike up 100%.
BWEN  - Gap up on news ah.  Want to see this hold 2.30 tomorrow and we could test 2.80-3  this was a former runner 2.20 broke downtrend line
SIFY - Great move today highest volume in a long time. Close far off its highs but i believe we may see more upside. support 2.60-2.70. possible weak open and r/g and a move towards 3 again
ARNA- great move today target for tomorrow 10.50-11. support 9.80.   Options im currently in up over 50% .  will take profits tomorrow likely

                                                        EARNINGS  Plays  = PURE GAMBLES
CMG-
This is my main earnings play.  I have a short bias against this stock cause i think its a over valued pig and i personally hate chipotle.   Recently  David Einhorn bashed this stock and it plummeted about 15 points and faded days later.
* David bashed HLF on  5/1/12  and it plummeted nearly 50% in 3 days.   GMCR reported earnings 5/2/12 and that plummeted 50% over night on poor guidance or something.
* for CMG  i am looking for another einhorn effect.   From his last 2 shorts being so successful.
 a conservative drop target on cmg is $250    now if that happens the einhorn effect will take place and we will head to 230 possibly from that happen cmg will have given up almost 2 years of its gains and people who are still bag holding from above 300 will start selling and shorts plowing in we could potentially test 200-210 VERY HIGH end goal 

***remember anything is possible ** look at NFLX  and MLNX from last night

Options strike prices  im looking to play
   For the conservative target of 250 im looking at  280 - 275 puts
For the high end target of 230 im looking at 255-250 puts
VERY HIGH  of 200-210 target 230-225  are a  PURE LOTTO 

just incase i want to hedge i may grab 310-315 calls  with 350 target if they beat.

David my life is in your hands.



**WORST CASE SCENARIO THE STOCK MOVES LIKE 20 BUCKS AND FU**S ME OVER**



also tomorrow  my baby
GOOG  i love this company  if they beat 800 target if they dont  i dont think it goes down much but if it does 700 maybe


SNDK   if they beat target 52   if they dont target 37   - closed 44.50 today
Remember this is just a watchlist and do not guarantee to be profitable trades. Use your own judgment when making the trade.

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