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Old 5th January 2009, 07:32 PM   #1 (permalink)
 
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Lightbulb 05-01-09 special update

Lets start some new positions for 2009. We will be buying beaten up micro and small cap stocks and options on beaten up stocks on the NYSE; NADSAQ and AMEX.

Globetech Ventures (GTVCF: OTBCC) $0.027-0.039. I have talked to the software people over the holidays and they will be ready to rollout the software for their [URL="http://matingame.com/"]matingame.com[/URL] software. There is very little resistance to the $0.10, 0.20 and $0.30 levels. At the close on Friday, the offers were $0.039, 0.04, [COLOR=#0068CF]2@0.05[/COLOR], 0.065, 0.12, 0.20 and 0.30. I will have more for you in the next few days.

Starwood Hotels (HOT:NYSE) $20.80 + $2.90 on11,301,694 shares. The stock got revved up on a story of Sam Zell looking to takeover the company. Watch to see if we can buy it cheaper today after a big move Friday. The Feb $17.50 Calls (HOTBW) closed at $4.30-4.50. The May $17.50 Calls (HOTEW) closed at $5.50-5.80.

Starwood Hotels & Resorts Worldwide, Inc., together with its subsidiaries, operates as a hotel and leisure company worldwide. It primarily operates luxury and upscale full service hotels, retreats, and residences. The company also engages in the development, ownership, and operation of vacation ownership resorts; marketing and selling vacation ownership interests in the resorts; and provision of financing to customers who purchase such interests. In addition, it develops, markets, and sells residential units at mixed use hotel projects. As of December 31, 2007, the company?s hotel portfolio includes 897 owned, leased, managed, and franchised hotels with approximately 275,000 rooms. It also had 28 vacation ownership resorts and residential properties in the United States, Mexico, and the Bahamas. Starwood Hotels & Resorts operates hotels and resorts under various brand names comprising St. Regis Hotels & Resorts, The Luxury Collection, W, Westin, Le Meridien, Sheraton, Four Points, aloft, and Element. The company was founded in 1969 and is based in White Plains, New York.

Dover Downs Gaming (DDE:NYSE) $3.68 + $0.50 on 401,793 shares. Trading above $3.72 could see $4.50-5.50 or maybe $6-7 with more time. The March $2.50 Calls (DDECZ) closed at $1.05-1.50 and the June $2.50 Calls (DDEFZ) closed at $1.15.1.65.

Dover Downs Gaming & Entertainment, Inc., through its subsidiaries, operates as a gaming and entertainment company in the United States. Its operations consist of Dover Downs Casino, a 97,000 square foot video lottery casino complex; the Dover Downs Hotel, featuring the slot machine offerings, including multi-player electronic table games with virtual dealers; the Dover Downs Hotel and Conference Center, a 500 room AAA Four Diamond hotel with conference, banquet, fine dining, ballroom, concert hall, and spa facilities; and Dover Downs Raceway, a harness racing track with pari-mutuel wagering on live and simulcast horse races. As of December 31, 2007, Dover Downs Slots operated 2,717 slot machines; and Dover Downs Hotel featured 500 rooms, a multipurpose ballroom/concert hall, a dining restaurant, swimming pool, and health spa. The company was founded in 1969 and is based in Dover, Delaware. Dover Downs Gaming & Entertainment Inc. (NYSE:DDE) operates independently of Dover Motorsports Inc. as of March 31, 2002.

If you would like to become a paid subscriber, email me at [EMAIL="tradersprophet@gmail.com"][COLOR=#0068CF]tradersprophet@gmail.com[/COLOR][/EMAIL]


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