Joshua Byrini's Market View

Byrini's obeservations should not be considered recommendations, advice or suggestions to buy, sell or hold securities, commodities, commodity contracts, options, futures, warrants, insurance contracts, real estate, gemstones, art work or derivatives, as he is neither a registered securities, commodities or real estate broker, diamond merchant, art dealer, or investment advisor. These observations are for informational purposes only. In other words, you are on your own chief.

Friday, November 18, 2005

 

Those XMSR 35 calls opened at 4.10 and never looked back

The Booyah effect swept up the XMSR calls, along with the Donald's TV show which focused on the SAT radio network with a behind the scenes view of what goes on there. It closed up 1.99%
ERTS, with it's juicey p/e of 49 also popped after the Crammer spoke about it, just 5 days from the XBOX launching event of the Xmas season. But it closed down 2%, which is not very Booyah. Maybe folks didn't want to hold it over the weekend.
What about the AVTI. Who can tell? It's certainly up from it's low this year (1). Crammer spoke and it's down a whopping 12%. What gives? Is someone baptizing he baby? Are folks thinking he actually bought it at or near 1?
COP is down over 20% since Barrons pump job by a well regarded PM. They are the poor man's refinery play, with 13% of Lukoil, and it's still unloved. What's next, leading democrats speaking against its refinery business?

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