Trades 3/16/2013

Started off long American Apparel, ticker APP, positive earnings to end Q4 2012 is very bullish especially for a forgotten company with a market cap around $200 million. I think this goes to $2.50 without much resistance. Bought AAPL JAN 2015 Leap with a $500 strike for $41, contract cost $4100 so just bought one but ended the day at $45 so already a +/- %10 move to the upside for me. 6 month price target $80-$85, so I plan on doubling my money, would sell and take a loss if AAPL stock trades below $415. Holding super computer maker CRAY based on the prospect that super computers will increase in demand. Demand will increase as government agencies and companies accept that solving problems such as weather storm detection can be solved with the use of super computers. CRAY is essentially the hardware leader in noncompetitive super computer market. Holding for longer term ROTH IRA investment, not a trade. Looking for a 2 year 100% return. Looking at The Tile Shop, TTS. If you saw how Lumber Liquidators stock shot up then this is a compelling story due to their ability to be essentially unaffected by Home Depot and Lowes. It will be interesting to see how fast this company grows and can increase their revenue over the next 3 years. I see very little downside in this company and as the housing recovery is beginning to ramp up their same store sales should really benefit. Have fun trading, Austin Malone