AceTrader

This site was designed to communicate with friends who share similar interest. The interest in the "free market". Stocks, over the long term, provide the best return on your money. More than cash, bonds and even real estate. Understand that investing is a learning process. We will learn from our mistakes and move on. This is a journey. Enjoy the ride!

Name:
Location: Bayside, New York, United States

My love for the market began in 1987 when I first opened a brokerage account with Fidelity Investments. You know what happened back in 87'. "Black Monday", the market crashed. My initial $ went down fast. Thus began my thirst for the challenge to make it in the market. Although I have science background, my Bachelors degree is in Economics from Washington University (great school). I also have earned an MBA in Finance from Fordham University, New York. Although I am registered as an "investment advisor" with the NASD, any information in this blogger is not intended for any business use.

Monday, November 27, 2006

Sold: IGLD @ $10.36 Bought: GDX @ $40.18

As you know, I spent almost all day at the hospital.
Basically, making sure that I absolutely will need to place a "stent" in my kidney. Tests after tests ... and guess what, I do need to put the stent (small plastic tube) in my kidney. Tomorrow I will be going through some prep work prior to the actual insertion. The "D" day is this Thursday.

We have several good news to report:

1. Sold another half of IGLD at $10.36/share (gain of +95%). This has potential to go to $12 area, but the risk seem too high right now. Let's take most chips off the table for now and wait for better prices. Sell on the good news.

2. IDWD is kicking some ass! The shares are on fire as well. Anyone who took the risk to get into this, are being rewarded quite handsomely indeed. Carefully read below and decide for yourself.

ORLANDO, FL--(MARKET WIRE)--Nov 27, 2006 -- IDS Worldwide, Inc. (Other OTC:IDWD.PK - News) HLS has informed IDS that it will begin a multi-media campaign featuring the world's 1st Vista(TM) compatible biometric encryption flash drives and computer mouse beginning with the Wall Street Journal this Wednesday the 29th of November, one day before Microsoft(TM) releases its new Vista(TM) operating system to government and business customers, HLS and its worldwide marketing and distribution partner Worldwide Security Acquisitions, LLC (WSA).

3. Wooo, BTYH is coming around as well. Again, read the news:

KINGSPORT, TN--(MARKET WIRE)--Nov 27, 2006 -- Bad Toys Holdings, Inc. (OTC BB:BTYH.OB - News) (the "Company") announced today the filing by Southland Health Services, Inc. ("Southland") of Amendment No. 2 to Southland's Registration Statement on Form S-1 with the Securities and Exchange Commission. Southland, a wholly owned subsidiary of the Company, filed the aforementioned registration statement to effect the spin-off of Southland to the Company's shareholders. Larry Lunan, CEO of Bad Toys Holdings, Inc., commented, "The process of completing this spin-off has been a long and difficult journey. The Company appreciates the patience of its shareholders and continues to believe that the separation of the Company's two operating divisions will benefit each division as well as the Company's shareholders. If the registration statement is declared effective, the Company plans to give effect to the spin-off during the first quarter of 2007."
The Company's common shares have been trading with the Southland stock dividend attached since January 12, 2006. The Company will attempt to provide its shareholders with at least ten (10) days notice of the date that the Company's stock will begin trading "ex-dividend" (i.e. without the right to receive the Company's declared dividend of shares of the common stock of its wholly owned subsidiary, Southland).

4. We have decided to sell another half of our remaining shares of EXPEZ. I just placed a sell limit order at $7.70 or better. I think EXPE stock might come down with the market as well.

5. I will explain more in detail later: Acetrader just bought GDX at $40.18/share today. This is as much an insurance as for possible capital gains. Buy GDX.

Traders: A beautiful day for our short BIDU position today. This is the beginning...

P.S: The market suddenly looks nervous. And I think this is only the beginning. Please be careful buying at this time. The best vehicle for times like this are: QID (Remember, this was our lastest purchase: we are already making good $ on this) and GDX (When U.S. dollar is weak, gold related stocks are place to be).

PPS: Acetrader portfolio just hit an all time high! (update will follow).

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