OHIE 4 – Deicision Made for Me

Well if you were watching yesterday (and I'm sure all of my faithful readers were...all zero of you) you saw that APPL was up $4.59 (3.81%) driven by good iPhone battery news and CROX dropped by $1.25 (2.74%). Not sure what drove CROX down...profit taking hopefully. The CEO sold some more shares but that ahs been happening quite a bit lately without hurting the stock. Cramer recommended taking some profits on his Friday show so that could have spurred some selling.....

So, with the weakness in CROX and the liquidity buring a hole in my pocket, I bought some more shares on that weakness at $44.50....missed the low of the day by about an hour...oh well. Now i have almost equal money in each security.

Short update today...work is keeping me busy.

Unrealized Gains:

CROX -- +9.51%

AAPL -- +8.52 %

DPHIQ -- + 14.10%

BTW, if anyone has any questions, leave a comment or send me a PM. If I think the question would benefit the readers I may ask your permission to post the question wiht my answer in the blog. Thanks!

One little post-script...I heard the rumors yesterday morning that Terry Semel was was going to step down as CEO of Yahoo, but I dismissed them as rumors.  I came this close to buying Yahoo instead looking for a day trade on the Semel news....damn!  Probably the rtight decision though...never buy stocks based just on news, always look at the fundys as well (fundamentals).  And Yahoo is not what you would call fundamentally sound.  This will be interesting to watch from both a financial and technology perspective.  I'm not sure Yahoo can still compete in 'search' so they may have to remake themselves as an internet entity.  There are rumors flying about them acquiring MySpace from Newscorp and also Facebook outright....Cramer thinks they should merge with eBay.  Not sure if any of these sound like viable solutions to me.....anyojne else have any thoughts on Yahoo's future or what you think their future should be?  Do they have anything today that they could successfully leverage in the future?

Posted by Jmarps on Tue Jun 19, 2007 @ 8:32 am EDT | 0 Comments