where do we stand

LVS (NYSE) Has reached as expected 17,25 then dropped passed his support at 14,95. Unless you believe their results willl be bad and that they will not have their financing to complete their projects and that their IPO will be bad, it is now well priced to make some great profit. Do not throw all your money at once but buy gradually.

ONCF (NYSE) Now figuring into my mystery portfolio. Great balance sheet and still no confidence from market. Under 1$ it has now reach the point where major players are out. Big decision to take on this one. Take the losses or hang on to it and maybe even buy some more to decrease average price.

DAN(NYSE) getting ready to disclose 3rd quarter results and being hit big some kind of sell off. Not great volume so could be only profit taking. I do expect a good recovery on DAN.

PXLW (NASDAQ) What a bad week for a company that is still profitable this year. Not too many can say the same. I am still very confident about this one. Remember that they only have 13M shares on the market and this could explain volatility.

ETFC (NASDAQ) Results were not that bad but it is back to is support. Still lots of rumours about a take over that could send back the shares to about 2,65$. I would not sell my positions right now.

NRI( TO) That is the story of the week. In 5 minutes it went from 0,32 to 0,13 to get back into 0,30 territory and all of this without news. Many investors decided to get out before next week announcement but there were simply no buyers dropping the price to almost 1 year low...Still holding some position on this one but large chunk was eaten by stop loss orders. Somebody somewhere did make a lot of money with my shares...

The market is going nowhere as even if news are not bad, they are not great either. We will need to see improvement on the spending side to finally get into high gear recovery. Until then expect great volatility.

Have a good one