Oil is running faster than Barry Sanders, ladies and gentlemen. The portfolio was up in spectacular fashion today, up about 8%. Major gains lets by GNK, DIG, DXO, RFMD, WNR, GME, etc. I took some profits in DIG calls, GNK, and took a 4% loss in STEM to free up cash. I took a position in GLW because LCD demand in China is going through the roof (will post articles soon). I believe GLW could go to $13 but I doubt it; however, should print $16+ in time. I cost averaged down in ENTR today and now I'm closer to breakeven in the position. ENTR at $2.03 was a steal in my view today and I will add more if we get below those levels. ENTR is another small cap lotto, with no love and it could hit it big but we shall see. I am hearing good things in AMD, so I bought some shares, as well as speculative calls in the name.Biotech is the sector with amazing results. I almost bought DVAX today but it ran way too high for me. The rumor is the GSK is in talks to buy them but it's just "rumors" - well unless something leaked. OCLS is perfect proof of what biotechs can do, up 250% in two days. CTIC is my lotto and I am sticking by her. I will search some more soon but if you are a scientist or doctor and know this mess, please comment and give some ideas!
I am outta here to celebrate (not really, go do more work) but have a good night.
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