Google goes GPS

Based on the amount of people writing about it, it must be important.

I wish I understood all this shit at a time like this, but Fred helps clear it up a little with this post .

Looks like Google has recognized this pie as a monster outside search that it must compete aggressively. I assume they are right and Fred likes what they have done so far.

Trimble, Garmin, Nokia and Tom Tom are all positioned well, but maybe Garmin and it’s mainly hardware products is in the new weakest position.

What’s your thinking?

Disclosure – Long Trimble

Garmin Blinks…In a Good Way

Garmin (GRMN) had me nervous. I had bought a bunch of stock back at $90 and I was not sure how they perceived their own future with the bidding war for Tele-Atlas.

The market was pissed. Garmin has now passed on the bidding war and the stock is up $18. Looks like the trend is alive and that big money could care less about them buying Tele-Atlas.

Obviously management has some work on their hands to ensure that they keep the data licenses, but all is clear for the moment. I will be lightening up a few shares once again. The landscape is extremely volatile in GPS as Mobile juggernaut Nokia enters the fray and the market worries about potentially obsolete Garmin units .

Amazing the way Nokia has picked themselves off the floor and put a scare into the GPS leaders with their purchase of Navteq (NVT) (my best stock pick of the year )

Disclosure- Long Garmin

Garmin Admits They Are Scared

By making an insanely large late bid for Tele-Atlas , Garmin has shown their hand.

They are telling the big institutions that they are desperate for the digital mapmaking relationships and are willing to pay up to keep them. With Navteq (NVT) now gone to Nokia, obviously Garmin (GRMN) management felt that they were vulnerable.

I am not buying today’s weakness in Garmin’s stock like I did a few weeks ago when it was below $100.

This is a battle that is going to be bloody. The spoils are gigantic. If Nokia gets Navteq, I will probably be a buyer of Nokia.

Disclosure – Long Garmin and Navteq

Sold Garmin

Just blew out of the Garmin I added last week below $100. I guess Navteq/Nkia does not put them out of business .

Disclosure- Long Garmin and NVT

Garmin…Chaching?

So I had a nice/lucky sale of Garmin and swap into Trimble last week for a win/win .

Now Garmin is down over $20 bucks and below $100 on the Navteq/Nokia merger. I am adding some of the Garmin back I sold at $118. Market looks to be panicking here. Nokia could buy Garmin and tie up the whole industry.

I am also ringing the register on more of my long time Amazon holding.

Lot’s of new breakouts that I have been taking lately so it just seems prudent.

Disclosure- Long, Garmin, Amazon, Navteq and Trimble

Easing on Garmin (GRMN)…GPS has been Smokin’

What a run. Sold some at the open at $118. What a freaking homerun stock. Check it out . I will happily take some more profits in a double from May.

NVT also now above $70 so it looks like Trimble (TRMB) could have a huge run left in it.

Disclosure – Long GRMN, NVT, TRMB

Microsoft…two other acquisitions they should make…GARMIN and TASER

Garmin and Taser…the possibilities!

Microsoft as software is it’s own boring dwindling economy, but Microsoft has the power to make Taser the weapon of choice in law enforcement and legitimize it through the lobbysists.

Garmin is another tech consumer play they can afford and should make to get them in autos and back strong in retail tech.

Dell and Google could be in both these plays as well.

GPS Trend – Updating Digital Maps

It’s happening and it’s still early.

Tom Tom is really pushing but it’s good for everybody .

Hoping for major weakness in my fave names as I have been a seller of late of NVT and Garmin (see last few weeks).

Disclosure – Long Garmin and Navteq