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S&P 500: 1,317.11 Change: -0.21%
rjm77me
P&P Score: 99.94   Points: 616.65   Accuracy: 77.28%   Average Pick Score: 0.89   Annual Return: 32.85% (94.05% since 7/16/09)  

rjm77me's Blog : GIS as value play

Date February 1, 2011    Comments Comments (3)    Rate this post Recommend This Post (72)   
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GIS is facing some head winds due to employee pension costs and is trying to findsupport at 34.70


Buying April 33 calls - bought some this morning at 2.07 and will add to position.


For real time trades sold BERSHIRE calls which were bought yesterday


Traded AFFY as it is thinly traded and makes random move. has been profitable trades with limit orders.


Please do your home work and you can follow my picks on twitter or this web site


I do not chase stocks and stay in middle of road to generate income with medium risk. Every trade has some risk associated with it.


RISK IS A RELATIVE TERM

Tags : GIS   AFFY   BBY   BRKB   CTEL   V  

3 Comment(s):

Author rjm77me     Date February 1, 2011 13:57 Abuse this post Report Abuse
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Best Buy (BBY 34.78 +0.78) shares spiked following a rumor that Pershing Square could take a postion in the stock.
Author rjm77me     Date February 1, 2011 14:58  Edited: February 1, 2011 by rjm77me Abuse this post Report Abuse
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MERRIL LYNCH HAS $42 TARGET FOR GIS - NOW AT 34.56
i trust Merril more than Cramer on CNBC who was pushing CTEL at 14.50 and every body went on buying splurge pushing price to 16.4 - now 13.90.
He interviewed CEO on CNBC
Author rjm77me     Date February 4, 2011 13:10 Abuse this post Report Abuse
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GIS is moving up from the level high lighted few days ago
Call trading at 2.67 - flagged at 2.07 on Feb 1, 2011 - nice approx 30% move
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