2/13/2006

Is it time to go shopping for some decent value stock? That is what I'm asking myself the past few days. The market sentiment has turned very negative, but will it get even more uglier? That question can only be answer as time unfolds. With that said, the past few day I've been adding to my dvn and bought the following stocks:
tso @77.60
vlo @50.20
rimm @69.90
wfmi @65.60
The oils have corrected tremendously and it is a good time to nibble even though oil per barrel could drop below $60. On rimm, the ntp settlement should be coming out soon, the court deadline is Feb 24, and Rimm will settled which will propel this stock up. Wfmi, the walls treet darling is getting punished for missing by a penny and all the negative sentiment isn't helping it out. But, they continue to grow and have decent growth projections. I'll continue to lay low for awhile and just watch how the market reacts to the Bernake sayings on Wednesday.

Longs unrealized g/l:
dvn -2.50/share
sun -4/share
vlo +.40/share
rimm -1.70/share
wfmi -1.30/share

Shorts Current unrealized g/l: