Breakouts Everywhere…Interactive Brokers (IBKR), Salesforce.com (CRM), Auxilium (AUXL) and Gaiam (GAIA)

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  • on December 21st, 2007

Three I own (GAIA, IBKR and AUXL), one I keep buying and will add more tomorrow (IBKR), one I hold as I have no idea if the product really works (don’t want to know) and the other I stare in at disgust for missing. Lot’s of different sectors with good action despite the market trading sideways to down.

I have had ample time to buy Salesforce.com (CRM). We Wallstripped it, it was on my watch list, it tanked, and I never grabbed it although constantly blogging I would . Now I just watch stubbornly. It’s at $64 today, up 40 percent since the Google Alliance. I can’t pull the trigger. I should. Pat of my problem there is I know it’s a great product because all the companies I am invested in are using it and love it, but I have never tried it. I don’t have the passion that others have.

Interactive Brokers is turning into my biggest position and I have been on it from the IPO. In hindsight, the low 20′s would have been a sweet add, but I passed and have been nibbling on the way up. Tomorrow I will add some more shares. It has been an underperformer but today strongly moved to an all-time high close. Their business is booming and I love their product. i use it everyday. It just works. It is definitely not for everybody, but for the professional money manger and trader…YOWZA. It is not melting down like the other brokers, so it is likely being lumped in with the likes of exhanges like CME and ICE and NDAQ (long them all). It is overdue for a Wallstrip.

Auxilium (AUXL) must really be helping men and women . There are many weenies who are happy the cream exists. Today it hit another all-time high. Here is the old Wallstrip when the stock was $14. Other than growing sales and a doubling of the stock price, not much has changed in weenieville since February:

Gaiam (GAIA) has many haters in the real world but none in the stock world. It hit another all-time high today above $27. It has been volatile, but I have been in since around $19 and selling a little on the way up . I love the spiritual lifestyle trend. It’s expensive, but pretty harmless. A good combination for the world we live in today.

While everybody stares at Google, RIMM, Amazon, Apple and Financial stocks…other shit is going on. Some good shit. Some different shit. That’s why you watch all-time highs people.

Or you can read Stephen Roach and buy Prozac to deal with the coming recession/depression.

Disclosure- Long AUXL, RIMM, AMZN, AAPL, IBKR and GAIA

The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.

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