APHA popped up 27% today

[hooligan]

any thoughts?

[George1010]

any thoughts?

Sol and his team are wizards when it comes to selecting stocks. Even INTC which i had reservations has popped up and as I was certain it was not going to go up, i followed Sol's latest line of thought that states certainty is dangerous and purchased calls just before INTC broke out; walked away with a nice 70% in gains. And on APHA I banked over 100% so I am not complaining

[mokes]

APHA has done well for me, I bought it around $5, now its trading around $12.

[Triplethought]

any thoughts?

Sol and his team are wizards when it comes to selecting stocks. Even INTC which i had reservations has popped up and as I was certain it was not going to go up, i followed Sol's latest line of thought that states certainty is dangerous and purchased calls just before INTC broke out; walked away with a nice 70% in gains. And on APHA I banked over 100% so I am not complaining

I was still waiting for SOL's exit points on INTC. It's one of the mysterious "orphan stocks" (I label them as such in my spreadsheet) that gets recommended and then becomes "he who must not be named" in future market updates. I suspect with the recent increase there will come some discussion of exit points.

[MarkD]

I suspect INTC is going to be a hold for a while. I plan to hang on until it is close to a double. Like BA (another stock I own) they are the only US based foundry. If Jo follows up with maintenance of sanctions on China (debatable imo) then INTC becomes indispensable to USA security.

[SOL]

INTEL is still trading in the oversold ranges on the monthly chart and it's now attempting to build energy to test its highs. If it can close above 63 on a monthly basis, it will be in a position to put in a series of new highs.

People are underestimating INTEL. What is to stop INTEL from making a huge deal with TSM to make most of their chips but not the very high-end ones. INTC has more money than AMD, so it could do this to cut AMD's supply. Then it can flood the market with the mass-produced Chips and start a price war with AMD, buying it time to come develop its new line of Chips. INTEL might be in the position MSFT was in until the old dodos were replaced. However never over-invest in any play, no matter how great the outlook might look

[Triplethought]

any thoughts?

Regarding APHA The Feb 1 update it isn't clear: "Fills were reported in the 9.90 to 12.30 ranges, resulting in an average exit price of 11.55 for a gain of 145%"

I'm still holding half and there was NO mention of a residual holding or additional closing points in update. Were we supposed to liquidate all or are do we still have half position?

[semantic]

INTEL is still trading in the oversold ranges on the monthly chart and it's now attempting to build energy to test its highs. If it can close above 63 on a monthly basis, it will be in a position to put in a series of new highs.

People are underestimating INTEL. What is to stop INTEL from making a huge deal with TSM to make most of their chips but not the very high-end ones. INTC has more money than AMD, so it could do this to cut AMD's supply. Then it can flood the market with the mass-produced Chips and start a price war with AMD, buying it time to come develop its new line of Chips. INTEL might be in the position MSFT was in until the old dodos were replaced. However never over-invest in any play, no matter how great the outlook might look

Question - is there an active play for INTC? I didn't see one but maybe I missed something. And I definitely agree with the above, people are underestimating INTC.

[Triplethought]

Question - is there an active play for INTC? I didn't see one but maybe I missed something. And I definitely agree with the above, people are underestimating INTC.
[/quote]

Yes, We bought INTC several months ago after it hit the entry point (price dropped when it was announced they missed their release of the new processors).

It has become one of what I call "SOL's orphans" in the updates. Meaning it doesn't get mentioned. It's doing well, especially because they pay a nice dividend.

[semantic]

Thanks Triplethought. I missed the entry point so I'll be watching this one from the bleachers. I doubt we'll see the mid-40s again but who knows.

[SOL]

Thanks Triplethought. I missed the entry point so I'll be watching this one from the bleachers. I doubt we'll see the mid-40s again but who knows.

You can use pullbacks to get into INTEL. It is a good long term play because it has the potential to shock the world with something in regards to AI technology. Intel is allocated a lot of money to several startups that focus on AI-based techs that could improve the overall efficiency of their technology and INTC is involved in many segments, and most importantly it is still making a boat load of cash.

As a general rule, if a stock is not mentioned in the updates after we have taken a position, consider it a long term play.

We monitor every play and just because we don't mention it in the update does not mean we are not monitoring the situation.



This chart formation is bullish from a long term perspective and we will discuss it in more detail in the next update. However, whenever the MACD's reverse course the neutral zone and move back to the oversold ranges as is the case currently, the next MACD bullish crossover usually leads to a strong upward move. So those that don't have positions can use pullbacks to open a position.

[semantic]

So those that don't have positions can use pullbacks to open a position.

Thanks Sol. Any guidance on a price range that's a good entry point? After reading the above it seems like now is good but that's not TI thinking

[SOL]

So those that don't have positions can use pullbacks to open a position.

Thanks Sol. Any guidance on a price range that's a good entry point? After reading the above it seems like now is good but that's not TI thinking

52 to 53 would be the ideal range, but up to 56 would be okay for 1/3rd so that if it drops towards the first entry point one would still have funds to deploy

[Mindie333]

@sol Every since you posted your video on puts, my eyes have been opened to a while new world. Lol. As an example, what would you suggest for a trade for INTC? Thank you!

[Triplethought]

@sol Every since you posted your video on puts, my eyes have been opened to a while new world. Lol. As an example, what would you suggest for a trade for INTC? Thank you!

I agree. Selling puts are awesome. I'm trying out a strategy I call "The time machine". I type in yahoo.com/finance/gainers at the end of day. I look at all the stocks that gained like 10% in one day saying "boy I wish I bought them yesterday". Then after some research I say - well in a way I can. if the company looks solid, and depending on why it spiked I sell a put for 1 month in the future. For the strike I choose the lowest price I can find from yesterday or last week. I put a limit order in. If it executes I get a small dividend. Then watch it for a month to see if I'm going to get the stock or get the proceeds. I've only done 4 of these so far 3 are positive, 1 is negative (which just means I'll get the stock at the end of the month at the strike price.).