Linkfest!
at 2005-12-04 19:53:36
Its time for another installment of our favorite weekend pastime, the linkfest! • In Barron's Alan Abelson notes that Household Assets are 150% of GDP (if no Barrons access, go here); • On a related note, we have been discussing the difference between Headlines versus Underlying Data; • The...
Closed Cypress Call Options
at 2005-12-04 19:53:36
I sold all of my Cypress Semiconductor (NYSE: CY) call options today for $2 each. The position returned a nice 58% gain in less than three months. I am looking to put that money into a financial or LTM, BBD, UBB, GME, BBY, ATVI, or a casino stock like HET.
Portfolio Return
at 2005-12-04 19:53:36
1 Year Portfolio Return: 8.7%
1 Year S&P 500 Return: 8.0%
Holdings as of 11/11/2005
- Nasdaq Company (NDAQ) (10.56%)
- Chesapeake Energy (CHK) (8.694%)
- Altria (MO) (7.299%)
- Citigroup (C) (7.021%)
- Lennar (LEN) (6.817%)
- Gilead Sciences (GILD) (6.59%)
- Cerner Corp (CERN) (6.515)
- Motorola (MOT) (6.443%)
- Titanium Metals (TIE) (6.307%)
Under Armor (UARM) IPO
at 2005-12-04 19:53:36
I usually don't like recomending buying into an IPO but their have been many successful IPO's this year including Baidu (BIDU), Freight Car America (RAIL), Chicago Board of Trade (BOT), Irobot (IRBT), Hoku scientific (HOKU), Bronco Drilling (BRNC), and China Medical (CMED) just to name a few.
I think you should try to pick up some shares of Under Armor (UARM). Under Armor is expected to price on 11/17/2005. The stock will trade on the Nasdaq with a ticker symbol (UARM). Under Armor is profitable and they are the official athletic supplier to MLB and NHL. Their products are also sold in retail stores and are used by high school and college athletes in various sports.
Proposed Offer Price: $7.50 to $9.50
Shares Offered (mil.): 12.01
Offering Amount (mil.): $102.05
Post-Offering Shares (mil.)
IntercontinentalExchange (NYSE: ICE) IPO Will be Hot
at 2005-12-04 19:53:36
IntercontinentalExchange (NYSE: ICE) will price its IPO and begin trading sometime between 11/14/05-11/18/05. The timing is excellent for electronic trading and exchanges. Just look at the success of the Chicago Merc (CME), Chicago Board of Trade (BOT), The Nasdaq Company (NDAQ), International Securities Exchange (ISE), and Archipelago (AX).
IntercontinentalExchange makes most of its money by charging transaction fees, market data fees, and trading access fees. ICE is the leading electronic global futures and OTC market.
Net Profit Margin: 20.2% compared to Chicago Board of Trade's 11% 2004 Sales (mil.) $108.4 1-Year Sales Growth 15.6% 2004 Net Income (mil.) $21.9 1-Year Net Income Growth 64.1% 2004 Employees: 200
What is traded on the IntercontinentalExchange? - Oil & Refined Products
- Natural Gas
- Electricity
- Emissions
Over 1000 different types of
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