Doctor Jack's Stock Medicine

[Jack Haddad]

Tol

Bought 3 blocks of TOL at 27.30, and wrote 300 DEC 27.50 calls at 1.30

Sold 3 blocks of TOL at 27.63, and bought back 300 DEC 27.50 calls at 1.45 for a profit of 18 cents/share times 30,000 shares.

[Jack Haddad]

Dia

Shorted 2 blocks of DIA at 121.90

Covered at 121.71

[Websman]

Dr Jack, you rock Dude! I don't know how you manage to find time for all the trading you do.

If I ever need knee surgery again, I'm coming to see you...as long as you take Blue Cross of Florida. lol

[Jack Haddad]

Dr Jack, you rock Dude! I don't know how you manage to find time for all the trading you do.

If I ever need knee surgery again, I'm coming to see you...as long as you take Blue Cross of Florida. lol

Blue Cross or not, youre welcome to come to me. As to trading, it's only 6.5 hours in a day-- plenty of time!

[Jack Haddad]

First Global speaks favorably of INTC

Mahantesh Marilinga of First Global had interesting comments to say about INTC. The firm has been very bullish in view of the company’s launch of a better line of products (Core 2-Duo chips)after a long time to stop the all-conquering AMD. Intel’s restructuring could be seen in the sequential expansion of 315 basis points in the operating profit margin (OPM) to 20.7%, although it declined by a massive 1045 basis points year-over-year. The sequential improvement in the OPM was the result of lower payroll (due to a reduction in the headcount) and reduction in R&D expenses and marketing, general and administrative expenses as a percentage of sales. Net profit margin expanded sequentially by 481 basis points mainly due to the gain of about $100 million on sale of a portion of investments in Micron Technology and gains from divestitures of about $130 million.

[Jack Haddad]

Yhoo

Bought 10 blocks of YHOO at 27.00 to 27.02, and wrote 1000 DEC 25.00 Calls at 2.55/contract. The intrinsic value of 1.50 calls for a great hedge! YHOO is a recovery story and a likely takeover candidate.

Sold 10 blocks of YHOO at 27.32, and covered 1000 DEC 25 calls at 2.75/contract for a profit of 11/cents/share times 100,000 shares

[Jack Haddad]

Mrvl

bought 7 blocks of MRVL at 18.93 and wrote 700 Nov 18.75 for .75/contract. I can't believe the intrinsic value on these calls! With little over a week left, theyre still paying a good premium!

[New-born baby]

bought 7 blocks of MRVL at 18.93 and wrote 700 Nov 18.75 for .75/contract. I can't believe the intrinsic value on these calls! With little over a week left, theyre still paying a good premium!

I am in with you at $18.82 and .70 per contract.

[Websman]

MRVL closed @ 18.21. I smell a major buying opportunity!

I may double my position tomorrow morning.

[Jack Haddad]

MRVL closed @ 18.21. I smell a major buying opportunity!

I may double my position tomorrow morning.

Anything below 20 is an opportunity to accumulate. The stock is an easy double in 1 year, especially it being a market cap of 10 billion. It shouldn't be hard for such an innovative stock to move 20 to 30 points in 1 year. Now, for those who hold a core position coupled with covered call premium options, while dedicating another core for trading the daily movements, the stock is an easy triple!

[Tatnic]

Anything below 20 is an opportunity to accumulate. The stock is an easy double in 1 year, especially it being a market cap of 10 billion. It shouldn't be hard for such an innovative stock to move 20 to 30 points in 1 year. Now, for those who hold a core position coupled with covered call premium options, while dedicating another core for trading the daily movements, the stock is an easy triple!

I agree that mrvl is a much better buy down here than where it was just a few months ago, ie, nothing major has changed with the company except its stock price. But to say anything is an easy triple is pushing it IMO. There's nothing easy about day trading for the average Joe who has to worry about commissions and doesn't have the same access that you do.

[Tatnic]

I agree that mrvl is a much better buy down here than where it was just a few months ago, ie, nothing major has changed with the company except its stock price. But to say anything is an easy triple is pushing it IMO. There's nothing easy about day trading for the average Joe who has to worry about commissions and doesn't have the same access that you do.

I just did a little checking into mrvl to see if I could determine why it came down so much (its been cut in half over the past year).

As I recall, all of last year this stock was so loved by the momo players and was touted non-stop by the likes of Louis Navellier. So it was priced for perfection. But when you're priced for perfection you have to keep up the pace and lately the company has not. Its operating cash flow has taken a minor hit over the past quarter (any decrease is bad) and so have its operating margins. I don't think you're going to see a big move in the stock price until they can show improvements on both of those fronts.

But if one believes in the future of the company and that they will make improvements then this is surely a decent price to start accumulating, but I think you'll need a longer term perspective. It could take them a couple or three quarters to prove they've turned it around.

[Jack Haddad]

Intc

http://www.fool.com//news/commentary/2006/commentary06110932.htm

[Websman]

Anything below 20 is an opportunity to accumulate. The stock is an easy double in 1 year, especially it being a market cap of 10 billion. It shouldn't be hard for such an innovative stock to move 20 to 30 points in 1 year. Now, for those who hold a core position coupled with covered call premium options, while dedicating another core for trading the daily movements, the stock is an easy triple!

Looks to me like MRVL is sitting on the 50 day MA, but could possibly drop to the 21 day at 17.65. This would make for an even better buying opportunity. Of course there is no guarantee that it'll make it there. I guess we'll find out today...

[Jack Haddad]

Nem

Yohan bought 7 blocks of NEM at 46.02, and wrote 700 Nov 45 calls for 1.45.