Jun 30, 2007 Fun Stuff
I’ve been watching the coverage today on CNBC for the Iphone and have been amazed at its popularity and the lengths people have been going through to get there little hands on one. A man paid some young guy $15/hour to sit as the first person in line downtown New York since 6pm yesterday to get the iphone today. 100′s of people lining the streets all over the country out side of Apple and AT&T stores camping over night to be able to get one. Big companies were even showing up to advertise as the media coverage is so huge. Krispy Kreme were handing out free doughnuts in line as well as the popular toy maker FA schwartz handing out gift bags.There has been a lot of skepticism on the IPHONE living up to the hype though most techies who have reviewed it say its an amazingly innovative product and lives up to its expectations, not to surprise. They’re also has been a lot of people on CNBC criticizing, mostly women i’ve noticed who have the worst things to say. Early this morning on the today show the 2 women hosting the show couldn’t figure out how to use it lol. Obviously they just didn’t know what they were doing, i imagine the key lock was on and didn’t realize it. Another women was saying that the release of the
Iphone is bad for Apple. That they’re too stretched out in too many sectors, and won’t be able to handle to be in the CPU, MP3, and Cell phone Market. I highly disagree, Apple is one of the most innovative companies, if not the most, in the world. All apple had to do was say they were making a phone, that just so happens to be the most technologically advanced phone in the world, and people sleep on the streets to go buy one. People were skeptical about Apples ability to utilize the mp3 player market and put them to shame by dominating the MP3 markets soon after the Ipods release, i don’t question Apples ability to have the potential to dominate the cell phone market the least bit. They’re products are stylish, innovative, easy to use, and most importantly for Apple they have created a GODLY aurora around there products drawing people to them just for the brand. Dylan Raddigan on Fast Money CNBC is calling it the “Jesus Phone” with the tag line at the bottom of the screen “IPHONE goes on Sale, Red Sea Parts” haha:) Of course the price is an issue for the iphone to be able to become a dominant and leading force in the cell phone industry. But with such high demand for the product Apple was able to charge this amount and people will still pay. Eventually the Iphone’s prices will decline as they release larger hard drives as we all know they will. Opening the smaller Gb Iphones to a lower class sector of cell phone users who can’t afford to spend $600 on a phone, thus broadening Apples presence in the cell phone market. I also believe this isn’t the only phone that Apple will have, i think they will also come out with some sort of hybrid cell phone as well, similar to the ipod mini. Something very sleek and even more compact, though will probably have less features and of course less storage capacity. This Iphone craze is insane, i knew it would be popular, but everywhere you look today is Iphone. The amount of free advertising they’re getting is worth millions. I haven’t purchased an Iphone myself, but i will eventually. I just got a new free samsung blackjack a month or 2 ago which does the deed for now. But once a larger capacity Iphone hits the streets ill be all over it. Whats next for MSFT? how about do nothing innovative and try to copy something already great and fail…. ZUNE? Microsoft is a dying brand in my opinion, They’re new Vista operating system is worthless, i installed it, and reinstalled XP about 2 hours later i couldn’t stand it. Of course what they tried to do was become stylish like apple, they failed IMO. Apple is the wave of the future in the computing world. Some day, i dont knot how long from now, i think Apple will be the standard in computing.A lot of controversy has also been surrounding the topic of the stock RIMM. The company who makes blackberries, and probably apples largest competitor in the smart phone business. Prices surged forward today on positive earnings growth for RIMM today. Some people are saying RIMM has hit its peak, another analyst i was listening to today was projecting RIM to hit $250/share. I haven’t made a case for this stock yet but will look into over the weekend, along with AAPL. Have a great weekend everyone. See you monday I’ll leave you with a funny mockery of the Iphone that the Hilarious Conan O’brian featured several months ago:[youtube]http://youtube.com/watch?v=1xXNoB3t8vM[/youtube]
Jun 29, 2007 Speculative Stock Analysis
CSUH looks like its picking up some steam and continuing to gather market presence as its awarded another best of breed in Dubai. Take note that Dubai is rapidly growing economy and rated the #4 city in the world for traders to live. According to Traders Magazine
#1 Chicago #2 London #3 New York #4 Dubai
#5 Miami #6 Boston #7 Dublin
#8 Los Angeles #9 Toronto #10 Sao Paulo
Celsius Wins First Ever 2007 Qatrah Award as ‘Best Carbonated Soft Drink’ At the Arab Beverages Forum Held in Dubai
Category Creating Calorie Burner Celsius Recognized as One of the Most Innovative Beverage Brands
DELRAY BEACH, Fla., June 29, 2007 (PRIME NEWSWIRE) — Celsius Holdings, Inc. (OTCBB:CSUH) announced today that Celsius(r), the creator of the calorie burning beverage category, had been selected as the winner of the Arab Beverage Forum’s 2007 Qatrah Awards for “Best Carbonated Beverage” at a stellar event held in the exotic city of Dubai, UAE on June 20, 2007. The Arab Beverage Forum 2007 focused on emerging trends in the industry in making its selections and the Forum generally serves as a platform for advance marketing and experience exchange for the beverage industry in Arab countries reaching Asia and India.
* According to the Arab Beverages Forum, 2007 pledges to be an
excellent year for the Arab beverages markets. Respective
consumer markets are enjoying tremendous expansion and growth as
the individual markets shift to market economies, offering vast
opportunity and possibility.
* This year’s Arab Beverages Forum was comprised of international
and regional beverage industry executives and consultants
including some of the most influential global beverage companies,
whom all gathered in Dubai.
“We’re extremely excited and proud to have Celsius honored in another international competition and we are confident such accolades will continue to help us open distribution opportunities in various corners of the globe,” said Celsius, Inc. CEO Steve Haley. “Recognition by independent judges of our claims and the true functional benefits Celsius brings to consumers is something we take very seriously. This award, along with the others we have received, is further proof of the widespread acceptance of our brand philosophy as a sports nutrition company dedicated bringing healthier products with true functional benefits to consumers.”
Jun 29, 2007 Small Cap Stock Picks
I got shaken out by the volatility in CHNG yesterday as price was nearing the point where this trade would no longer be profitable. And one of the most important rules in trading is to never let a profit turn into a loss, and i try to follow this rule to the best of my ability.
CHNG shares bounced near support near $4/share support and rallied on heavy volume on morning news of the completion of 23 CNG filling stations in China.
China Natural Gas Completes Construction of New CNG Filling Stations
Friday June 29, 8:30 am ET
NEW YORK, June 29 /PRNewswire-FirstCall/ — China Natural Gas, Inc. (OTC Bulletin Board: CHNG – News), one of the leading providers of compressed natural gas (CNG) for vehicular fuel in Xi’an, China, confirmed today that the Company will enter the third quarter of 2007 with 17 revenue producing CNG filling stations, as planned. Two of these stations are located in the Henan province of China, contributing to the Company’s geographic expansion.
“Today’s announcement demonstrates our conviction to execute our growth plan and have 23 revenue producing CNG filling stations by the end of 2007,” said Mr. Qinan Ji, Chairman and CEO of China Natural Gas. “We also plan to increase our footprint in other regional markets outside of Xi’an and today’s announcement speaks to our success in this effort as well.”
Price made a strong morning rally on heavy volume and sold off shortly after though i think this may just be some intraday weakness and a stronger close may be warranted, as well as this being signs of a bullish reversal off of support. I took this opportunity to go long CHNG at 4.25.
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Jun 28, 2007 TTT.net Updates
After coming across an interview with Andy Swan featured on wallstrip.com last week about his new customizable financial portal website. I took the initiative to contact him about setting up a ttt.net branded page as i thought he was creating a very innovative and user friendly product that could become beneficial to our members here at TTT.
My Trade lets you set up customizable pages that lets you add anything to your own page from watchlists, charts, news feeds, and blog feeds from some of the most well known bloggers in the finance world. Allowing you to have up to date information on the stocks you want and see what the experts are saying about them.
At the TTT.net branded web page you’ll find it very easy to find information on the stocks that i’m covering here by looking at my watch list, latest blogs posts, headline of my holding companies, as well what other bloggers may be saying about the holdings here at ttt.net.
Andy’s interview at WallStrip.com
Be sure to check out my branded webpage here: TTT+Mytrade
Props to Andy and his brother Landon for getting back to me and setting up a branded page at mytrade.com