OLED (Cambridge Display): YEEEEEEEEEE-HAAAAAAAAAAAW!!! VIVA OLED REVOLUTION!

It's beginning! Yes sir it is. I looked a while back into Cambridge Display and between that and Universal Display (PANL), PANL was easily the way to go. Cambridge doesn't hold a candle to Universal Displays technology, patent ownership and penetration and just today, it agreed to be bought out by Sumitomo Chemical for $12 a share. They are essentially buying their expertise, not their tech. And look, off to the races. OLED has doubled in one day. Now even tho I don't own it. I have a solid understanding of the Organic LED space and this just means nothing but good news for the industry in general where there were really only 2: The champ, PANL and the distant runnerup OLED. To me, it's just validation that investing in this space is a good bet.

PANL's technology is already showing up in a number of consumer devices that debut earlier in the year. From Samsung Laptops with OLED backlights that double the battery life, to Sony MP3 players that have 50 hours of life to the big mama, Sony OLED TVs that are 3 millimeters (MILLIMETERS!) thick and have 1,000,000 to 1 contrast ratio that has imagery that's better than life. In comparison, the best offering currently out there besides OLED TV is 14,000 to 1.

According to my calculations, if PANL were to be bought out in a similar fashion that OLED was, it would be a $35 - $40 dollar stock. So yes, today was OLED's day but I patiently await PANL's homecoming. VIVA ORGANIC LED!

Read more about Cambridge's Takeover

BUY BUY BUY!!!

There's a SALE! Everything going for 20% off!

EBAY (eBay Inc): What else does this stock have to do!?

OMFG... You have a stock that has soundly beat estimates two quarters in a row and investors still can't go all in with this stock!? You all understand that the second quarter is easily the toughest for eBay. Not so...

eBay delivered better-than-expected second-quarter results with profits that jumped to 50% (That's two quarters in a row we've beat estimates and brought in 50+%) Revenues climbed 30% to hit $1.83 billion. Adjusted earnings soared 34%, landing on the $0.34 per-share mark. The top- and bottom-line showings clocked in slightly ahead of where Wall Street was perched. The magic number was .32. eBay played the part of Houdini.

I just don't understand what's going on. We're making a killing off the weak dollar meaning International Sales add that much more to the bottomline. G-Pay is calling PayPal Daddy and Skype just keeps on growing. Let's not forget that eBay now has advertising dollars and a sick portfolio of companies that include StubHub, Kijiji and Half.

So listings are lower. That's because eBay raised listing fees to reduce the amount of crap on the site. What!? Are they telling me users love a crappy user experience where they have to sift through thousands of worthless listings? Give it time, eBay has announced that they are updating a ton of features on their site during eBay Live.

My call... HOLD... Hold until this stock hits 58 again. Hold on... hopefully just a little bit longer.

ISV (Insite Vision): Waiting to be Cleared for Take-Off

This share totally perplexes me. It's a company with a lot of success in getting products approved by the FDA yet investors have ignored it. Well, not this investor. I'm deep into this bad boy and I'm going to wait patiently until ground control gives us clearance for take-off.

So why am I sitting pretty? Back in April, InSite Vision won FDA approval for lead product AzaSite, which treats certain eye infections. It's planning a late-third-quarter domestic product launch from partner Inspire Pharmaceuticals which licensed the product back in February. If you need estimates, AzaSite is expected to launch in the late third quarter of this year, and Inspire has provided full-year 2008 sales guidance of $30 million to $45 million. My peak domestic sales estimate for AzaSite is $100 million in 2010, or roughly a 25% share of what should be a $417 million market, assuming just 5% compounded growth. So what it comes down to is that this is a company that currently makes no money and the estimates listed above are terribly conservative in that they don't even make mention of international sales at all.

I might also mention the public desire for this stock to be bought out by Inspire Pharma for $4-$5 a share.



Notes:
In Portfolio: In at 1.38
Duration: For the longterm Baby!
Remember: Snoopy Sno-Cone Machines?

AMZN (Amazon): ... What in the World is Going On!?

What the hell!? They outline a strategy for China and the stock shoots up even more. This stock reminds of the game Topple. How much higher can it go?

Reasons to short:

1) P/E is 125 Google is 45.01 (the stock is at $500+) and AAPL is 38.81 ($122+).
2) They have one (ONE!) profitable quarter in all of their existence.
3) The Chinese market is notorious for things that can be pirated, copied or downloaded.
4) China's Market is currently getting pummeled.

As always, we'll see. I will personally say that I'm a little fearful of this one but seriously, this has gotten out of hand. Time for this balloon to come back to earth.



Notes:
In Portfolio: Short Selling at 74
Duration: Just a few bucks. The scary thing about this stock is that I don't think the stupid thing is done growing
NBA Finals Prediction: As much as I want LeBron to win. Really, it'd be dumb to go against the Spurs.

An Old Portfolio of EX-52 Week Lowbies

I was cleaning out an old watch list I had on Yahoo! Finance called "52 Week Lowbies". As the name suggests, it's a list of well known large cap companies that were at uh... well 52 week lows however over the course of a year, dominated (for the most part). Let's check them out:

PLT (Plantronics): $14.80 August 2006 - $25.95 May 2007 (75%)
WMT (Walmart): $42.31 July 2006 - 52.15 November 2006 (20%)
GPS (Gap): $15.91 July 2006 - $21.39 January 2007 (25%)
ARO (Aeropostale): $21.07 July 2006 - $45.19 (Today!) May 2007 (114%)
FINL (Finish Line): $9.55 August 2006 - $14.97 November 2006 (58%)
YHOO (Yahoo!): $22.65 September 2006 - $33.74 April 2007 (51%)
TTWO (Take Two Interactive): $9.06 July 2006 - $24.80 April 2007 (173%)
CSCO (Cisco): $17.10 August 2006 - $28.99 May 2007 (69%)
CMCSA (Comcast): $20.47 July 2006 - 30.18 Jan 2007 (50%)

Although I have recently hated on large caps *cough* DAMNYAHOO *cough* the truth of the matter is that companies with proven business models usually rebound. Just another lesson in Buying Low and Selling High and if you did with this lot of stock, well my friend, we would be in pretty decent shape now.

So! I'm sure the burning question is... what's next? Well, I have a very short list (The market's been good to us) of stocks that are still at unusual lows. Here they are:

SBUX (Starbucks): $29.60 - 52 week high is $40 (42%)
MO (Altria): $68.30 - 52 week high is $90 (31%)
MOT (Motorola): $18.00 - 52 week high is $26.3 (45%)
AMD (Advanced Micro Devices): $14.00 - 52 week high is $40.00 (185%)

So there are my handful of stocks. I personally own SBUX and AMD and I'm seriously looking at MO and MOT now. As always, do your own research before buying and I'll keep adding to this list as I come across them.

YHOO (Yahoo!): Yahoosoft? Microhoo!? Yacrohoosoft?

Like the names in the title of this entry, the rumor of Microsoft buying out Yahoo! is silly. So let's get the details on this deal:

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"Shares of Yahoo Inc. soared as much as 19 percent to their highest level in nearly a year on Friday after two newspaper reports said the company and Microsoft Corp. were in preliminary merger talks to take on common foe Google Inc."

later that day...

"About 15 minutes before the end of Friday's session, the Wall Street Journal, citing a source, reported that merger talks with Microsoft were 'not active.'"

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So when I woke up Friday Morning and saw Yahoo! at 33.4 and read the hot air, the first thing I did was made sure my mother and fiance sold all the Yahoo! they had and then the moment after, I shorted the hell out of it. There is no way that this is going to happen. There are too many issues with this. The ones that stand out to me are:

1) Yang and Filo (The founders of Yahoo!) hate Microsoft. Executive support is sorta important in decisions like this ya know?

2) They're selling when Project Panama (Yahoo!'s new ad platform that's supposed to help them compete with Google) hasn't even had a chance to take off. And what's the point of selling now? All the Panama hype was already killed after Q1 earnings reports.

3) Culture Clash: There will be a mass Yahoo! employee exodus if Microsoft succeeds.

4) Anti-trust concerns

I don't know about you all, but I'm going to ride this hot air balloon back down to earth.

And while you're at it short Microsoft too. A bunch of companies are creating online tools so you'l never need to buy word, excel, powerpoint ever again.




Notes:
In Portfolio: You mean out right? I just sold shares I don't own.
Duration: Will be short. It'll hit the 20's soon and I'll cover then.
If athletes were stock: Dirk Nowitzki just crashed.