Archive for January, 2007

MAMA – Accumulate Short Position

By: ispeculatornew | Date posted: 01.05.2007 (12:00 am)

MAMA – Mamma.com Inc. (Nasdaq) (Closing Price – $5.60)

If you followed my advice and shorted MAMA at $4.89 you might be a little worried that it has now risen to $5.60. However, shorting a stock requires the same amount of patience as buying a stock.

There is still a major disconnect between the fundamentals of MAMA, which are terrible, and the recent runup in its share price. The runup has been based on hype and nothing else. It may take a while for the share price to reflect this, but eventually it will. (more…)

The Market in 2007

By: ispeculatornew | Date posted: 01.01.2007 (12:00 am)

Around the first of the year there is always a bunch of talk about where the market is headed in the coming year. It doesn’t really have much bearing on whether your individual stock selections are good investments or not, but it gives people the opportunity to guess at the market’s direction.

I have been reading a lot of articles that say we are in for another good year. I don’t agree. I think the market will end the year essentially where it began or down on the year. If the market is up on the year I don’t see it being up very much. The Dow was up over sixteen percent last year and most of that run came in the second half of the year. The Nasdaq also made a run of over seventeen percent (from its lows) in the second half of the year. I think the markets have gotten ahead of themselves and they need to take a breather. (more…)

MCZ – Buy and Accumulate at Current Price

By: ispeculatornew | Date posted: 01.01.2007 (12:00 am)

MCZ – Mad Catz Interactive (American Stock Exchange) (Closing Price on Friday – 12/29/06 $0.58)

 

If you have been accumulating MCZ you have been able to buy shares at a cheaper price than I originally recommended MCZ at. I still believe MCZ is a good buy so I am going average Friday’s closing price with my other price recommendations.

 

If you look at MCZ’s chart you will see that the share price is due for another climb up. There will probably be a pre-earnings run also. If the share price does run up again before earnings I would lock in some gains. I would still hold the majority of my shares though and see what they report next quarter.
 
Disclosure: I currently own shares of MCZ.