Month: January 2010

Watchlist for the 4th day of the new year

A couple big runners on short watch. These have been profiled previously. They are up big on security / airline /terrorist fears.

Intellicheck Mobilisa, Inc. (IDN) – Nice big move, steady in the morning and then faded into the close. I’m looking for a short on red.

idn

ICx Technologies, Inc. (ICXT) – Small black candle with big wicks at both ends. I’m looking to short aggressively on red or the break of Thursday’s support at $9.30.

icxt

A few others to consider:

eOn Communications Corp. (EONC) – Had a first red day after an 80% move on seven straight white candles. I would look for it to fall more but this thing has a low float and has been stubborn in the past. I will likely not look to short it.

eonc

Implant Sciences Corp. (IMSC.OB) – Low-priced; up over 1000% in four days, this has to be pump. Hopefully it doubles again … then I would look to short. This is also up on hype related to airport security.

imsc

Americas Energy Company (AENY.OB) – Was a great breakout, now over-extended. This thing is pumpish and has been pumped before. Hopefully it has another great day and then I would look to short after that, on weakness.

aeny

Disclosure: No positions in anything mentioned in this post. This blog has a terms of use and you can find all my disclaimers there as well; my full terms of use is incorporated by reference into this post.

How to spend your trading gains: New Year’s Eve dinner at Alinea

I spent some of my hard-won trading gains at one of the top restaurants in the world for a New Year’s Eve dinner with my wonderful wife. The restaurant is Alinea, and it is one of the hotspots for molecular gastronomy. While the dinner was ridiculously expensive, it was also ridiculously good and it is an experience worth having. Below are pictures of some of the 10 courses we had. My wife’s favorite course was the black truffle explosion raviolo. Mine was the poached pear with white wine and allspice and black pepper foam.

I should point out that I am not the first penny stock trader to visit Alinea and blog about it. Tim Sykes did that last summer. I have to say my experience was better than his. The waitstaff was unobtrusive but ever present. They did not idly chitchat with us, but when we had questions about the food or wine they seemed happy to engage with us. The service was better than any other US restaurant I have been to (although I haven’t been to any top restaurants in Vegas, San Francisco, or New York) and the equal of the two Michelin-starred restaurants I have been to in France.

When asked whether I wanted tea or coffee at the end of the meal I asked if they had Pu-erh tea (an aged tea from China). The waiter not only answered in the affirmative but listed their two choices: a 1949 Pu-erh for $97 and a 1997, for $12. I took the cheaper option. Not even I can justify $100 on a cup of tea!

1st Course: brioche foam with cream and caviar … a nice twist on the classic that emphasized the texture of the caviar.
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2nd course: Berkshire pork belly Thai style, inside iceberg lettuce. The drink at the top left was a distillation of lemongrass, fish sauce, and chile.
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3rd course, maybe? Otoro and a bunch of other stuff.
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5th course: A tribute to Auguste Escoffier: sea trout, chanterelle mushrooms, and in little boats made from short-bread cookies, a quail egg with black truffle (in the center boat) and fish roe (in the side boats). And yes, that means they were roe boats.
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7th Course: Wagyu beef with beets and fennel. My wife did not like this at all so I got two servings!
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One of the desserts: chocolate mouse, liquid nitrogen frozen chocolate mouse, mentholated chocolate crumbs and some other things.
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Disclosure: Nothing to disclose other than that I loved Alinea!