I hope you took some of the sitting cash to buy some more LVS (NYSE) because as expected, they are the gambling leaders and now get ready for the jump to a new 52 weeks high no later than monday or tuesday when IPO is accepted by Hong Kong regulators.
I think we will even get the answer tomorrow after market close.
If approved, stock will skyrocket by another 1,75$ then end of november it will be over 21$ to end up the year close to 35$.
Look at their results carefully and you will see that Wynn (NYSE) did had a loss when LVS generated a 0,03 cents profit. HUGE difference. Get ready for profit taking near mid december.
ETFC(NASDAQ) Same story. After releasing their numbers, a bear trap was set when it hit less than 1,50$. Now shorts are trying to cover their back and buying back. When you look at the results you will discover that even if losses seem to be phenomenal, they only loss 59M$ being far less than expected. Also their tier 1 ratio is now in the 'well capitalized area' meaning a target war could start rapidly between to major players: TD Ameritrade and Schwabs and guess who will get the most: the one who owns shares TODAY. This is a great opportunity to make a fantastic profit in only a matter of 2-3 months. I am expecting a take over bid by TD ameritrade at about 2,25$ the Schwab will win it at 3$. So it could be a double in only 90 days as it will probably be done before xmas to end the year doing some 'window dressing'. Both of them have made good profit and for example Ameritrade is sitting on cash in excess of 1,4B$. Get ready for a great ride.
DAN (NYSE) This one is ready to fly. Most car companies have indicated an increase in sales. But have you seen a dealer parking lot recently??? THEY DON'T HAVE INVENTORY. So what's next if they want to sell: They have to build cars and believe me they will build them as soon as possible. So who will benefit: Joe around the corner or a 22,000 employees company?
DAN has over 22,000 employees around the world and are ready to ship parts needed and they will.
Expect a major (i mean MAJOR) increase in that stock even if 3rd quarter numbers are not good next week. If it is the case, the share will probably goes to 4,90$ to 5,30$ and that will be another good example of a bear trap and short activity. GET RADY TO GET IN. At that price it will be a bargain. Now estimating july 2010 share value well above 10$.
On TVI (TSX) side, they completed their 8th ore shipment this week and increased their total $ received per shipment to 7,2M$ as expected as copper price still rise. I would not be surprised also to see some news about refinancing coming aroudn november 15th right after their 3rd quarter results indicating a new record revenue. Expect this one to climb well over 0,30$ early next year.
Enjoy your evening
François
Aucun commentaire:
Publier un commentaire