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	Investors slaughtered Google today because they missed their Net Income by 3 cents! GOOG reported a 58% increase in revenue and the street expects it to of QUADRUPLED its revs for the year. But missing your earnings is forbidden on wall-street no matter who you are. The stock opened at $548 wednesday and opened at $511 on thursday. Now a $47 drop seems ASTRONOMICAL, but if you divide GOOG by 10 and think of it like a $54.80, then it really only dropped $3.70. Really not much at all. The reason for the earnings miss? Eric Schmit says it was becasue they hired faster than they had expected. Since no one knows what google is up too we can only speculate on the amazing things they are going to be launching and why they will need all of this fresh talent. If rapid growth and hiring too many of the most talented people in the world is a crime, then the market is fuxEd. At least they are keeping these people out of the hands of MSFT and YHOO. I saw GOOG getting mAuled thursday night and picked up 10 shares in the after hours at $510. I dont normally like tying up over 5k but it is so cheap and I have wanted to own some GOOG for so long that now was the time. If you look at the chart, the trend is CLEARLY up and this seems like a good price to get in on the cheap. I might just dump it at $520 or so because there is a lot more money to be made elsewhere. 19 Jul 2007 Disqus Comments »

	Maybe I forced this one because I knew it wouldnt make and dramatic moves. But I did make the right call. I noticed the stock bounced off 12.60 a couple times so went short at 12.66. Once it broke below 12.60 it became the new resistance line verifying that it was previous support. One lesson I have learned from these trades is that a lot of traders buy back their positions at the end of the trading session. I need to start buying back sooner before all the shorts start buying back. I bought back in the last minute at 12.55. It as at 12.45 only minutes before. Made .11 a share on the trade. Not enough, but still profit. 19 Jul 2007 Disqus Comments »

	I was stressing last night because I was short so much JSDA (relative to my overall portfolio). I tried selling yesterday at the close but was denied. LUCKILY the market tanked today and brought JSDA down with it. Instead of booking 2% yesterday i made 4.5% on accident. Here is the rundown. Yesterday afternoon JSDA spiked on a downgrade. Since I believe investors misread the press release, i went short at the top $16.30. It was planned to be a daytrade but I accidentally missed my selling opportunity. Luckily no news overnight and a tanking market brought JSDA down with it. The support kept picking up at $15.60 so i figured it it breaks that, there will be a massive sell-off and I will buy the shares back. The stock didn't break until 2 minutes before market close today. Since there were so many traders buying back their short position the sell-off never happened. I sold at $15.60 (the very bottom) and pocketed 4.5% in 2 days. I never meant to hold this large of a position over night. It is just to damn risky. I got lucky but dont plan on doing it again. You never know what can happen over night. This strategy of daytrading volatile stocks has been working really well and is a lot of fun. I know I am not supposed to be having fun (no emotional involvement) but thats just to fn bad. Hopefully I can find more opportunities like these. 18 Jul 2007 Disqus Comments »

	After yesterdays trade I was eager to find another similar opportunity. JSDA got downgraded today but the title of the article was strangely worded. "Molson Coors Brewing and Mohawk Industries Upgraded, Jones Soda Downgraded" I think investors read this quick and thought JSDA got an upgrade. The stock popped .92 instantly on a downgrade! At 11:25am I shorted at 16.30 expecting it to go right back down and then possibly even lower. Instead it dropped to 16.20 and just rode sideways the rest of the day. I didn't want to have so much money riding overnight so I want to sell right at the market close and got this... "15:59:57 Unable to enter the order becasue it was within 3 seconds of the market close." Shit... No wither I need to dump after hours or pray Coke dosn't buy them tonight. :) 17 Jul 2007 Disqus Comments »

	Today I decided to test my skills at daytrading. I have been waking up before the market for the past 2 weeks waiting to test my skills. Today came the perfect opportunity. I have been keeping my eye on HOKU since i sold my short position 2 weeks ago. This stock has moved so much in recent months which is making it extremely volatile. I have been watching it waiting for a downward breakout. I prefer to short this stock because it has moved up SO MUCH in recent weeks that i dont see too much upside left... LOTS OF DOWNSIDE THOUGH. The stock opened and quickly jumped to its all time high, 14.55. I thought about shorting there but it was just too risky. There was no news but who knows if it will go higher. After it hit that high it tumbled down just below 14. After bouncing off 14 twice, I noticed it had created some resistance there. I sold short 300 shares @ 14 swore to sell if it reached 14.20. The volume had gotten thinner and thinner, at 9:55 it made its last attempt at 14, failed and got pummeled. I was looking to make .30 a share but it flew past 13.70. I bought back the entire position at 13.35 making a cool 4.6% in a matter of minutes. The stock did bottom out at $13.00 but finally closed at $13.41. All in all it couldnt have gone better. I am going to make a list of super volatile stocks for times when im in the mood for daytrading. Considering all the money you can make, I should ALWAYS be in the mood. Problem is it is very time consuming, and sorta stressful. But if I am making money its totally worth it. 16 Jul 2007 Disqus Comments »

	Incubus 7-11-07 Greek Theater 13 Jul 2007 Disqus Comments »

	Over the last few weeks I have been coming up with every idea I can for a web company. Between Ian's mad coding skillz and my design and creativity I KNOW we can make something amazing. The first website we ever made won an award for the best in its industry (www.aitginc.com). I am definitely going to create some kind of community based site but I have no idea what (you can tell how far I am from making my decision!). There are a few things that i'm keeping in mind while coming up with ideas. 1) It needs to be remarkable! This means that it must be an idea that people will make remarks about. Whether its in their blog or just talking to their friends in order for the idea to spread it needs to be remarkable. 2) I want to try to use people's egos to help spread the idea. That sounds evil but really its not. I need people to WANT to spread the word about this site. What better way than to use their egos to help? example: Check out what I did!!! 3) I want to promote productivity. I don't want a bunch of lazy ass users. People who use this site will be driven and motivated which will make the community an active environment. 4) I cant be afraid to team up with other web companies to get it done. For example, If part of the site involved adding pictures, there is no reason for me to host and manage them. We could use flickr, picasa etc. 5) It has got to be something that im interested in. I watched a panel discussion the other day and one of the GUYS was starting a community for single mothers. I doubt he is interested in that and I cant imagine it succeeding for just that very reason. 6) It needs to be able to make money. Not to be a greedy bastard (which I am), but if I am going to put a lot of time and energy into this it would be nice to come up with an idea that can be profitable. The more revenue streams the better. I can use ads, payed services, sell products or even build a site specifically to become takeover bait. 7) Some part of the company has to involve something super innovative. I could always rip off some other site and make a "Me Too", but the site has to be known as the first website that let its users _________. If you have any ideas for a company that meets all these criteria let me know. I am recording all of our ideas at www.splitp.com. It is password protected so if you want to get involved or even just tell me why all our ideas suck, drop me an email and I will give you access to the site. 11 Jul 2007 Disqus Comments »

	NYX got an upgrade from Lehman Brothers today boosting their rating from Overweight to Equal Weight. They have a $95 price target on the stock. I bought in at 75 and it closed at 82. I still think this stock has great potential when you consider the runs all the other exchanges have had this year and last. Investors were worried that they would rush out and make another aquisition the second the Euronext deal was done. Obviously this did not happen. That is why the stock has been dragging. If it gets to 85 tomorrow I will probably sell and buy some back lower. 11 Jul 2007 Disqus Comments »

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