The markets are flattish to down, but our portfolio is busting out to new highs again off the back of the big Sandisk pop this morning. Sandisk reported a great quarter as I’d noted last night and the stock is indeed up nearly 10% this morning. Recall that yesterday I outlined some aggressive call buying. [...]
Here’s my take on the Sandisk report…
July 21, 2011 By
Sandisk beats by nearly 20% on the bottom line and a few percent on the topline. Here are the details: Revenue of $1.38 billion, up from $1.18 billion in the prior year’s quarter and above analysts’ estimate of $1.34 billion. Earnings of $1.14 a share, compared to $1.08 a share in the same period last [...]
What I’m doing with Sandisk into tonight’s report…
July 21, 2011 By
Sandisk is tonight and as I’d noted yesterday in a post here, I’ve been seeing some concerns from the sellside analysts heading into the report. And that, frankly, is a much better set up for the bulls than if they’d been sending a bunch of reports full of reasons why the stock will pop tomorrow. [...]
A glimpse of the future (with a bit of Google propaganda) from — well, Google…
July 21, 2011 By
A glimpse of the future (with a bit of Google propaganda) from…well, Google. http://www.zeromomentoftruth.com/ From the page: The way we shop is changing and marketing strategies are simply not keeping pace. Whether we’re shopping for corn flakes, concert tickets or a honeymoon in Paris, the Internet has changed how we decide what to buy. Today [...]
One stock that is not down after its quarter last night is our own Cypress…
July 21, 2011 By
The merry Merry-Go-Round goes round merrily to try to keep us going in circles again today. It’s a pretty broad rally this morning with S’s over N’s (meaning the S&P 500 is stronger than the Nasdaq). That’s cuz of Intel, which is down a quarter after its not half shabby quarterly report last night. One [...]
Chat postponed due to technical difficulties
July 20, 2011 By
There will be lots of new pitches…
July 20, 2011 By
It’s a muddled day at the markets and there’s not a lot of oomph away from the companies who actually reported earnings in the last 24 hours. I’m not making any moves today, but we do have more earnings fireworks tonight and tomorrow, and we’ll see what pitches the markets bring from there. Here’s a [...]
July 20, 2011 By
Can you see her in the distance, As she tumbles by? Veteran of a race that should be over, Can you hear her sigh? — Neil Young “I’ve Loved her So Long” One of the main arguments you’ll always hear against Sandisk and its NAND-based flash drives is that “the cloud” will kill the need for local storage [...]
And they’re off. Up along the inside is Apple…
July 20, 2011 By
Let’s talk both…
July 19, 2011 By
Connect with Cody: