Trading 3/19/2013

APPL leaps I talked about in my last post held up well at the open but started trailing with the stock so I sold 2, still long 1 contract. Gotta lock in profits and not take chances on turning a profit into a loss. Ill update this post later. Oh, I also bought 2000 shares of DEXO at $2.41, then 1000 more at $2.39 this is a 3-5 year story that I will trade and explain when I have time later. Merger with SPMD will go through and this company will gain a tremendous amount of strength, this is an underdog story that I think can at least double this year. Got long 10 June 19th $16 call $VIX contracts at $3.08 an option. Did this for protection against a correction and Cyprus contagion fears. ------------------- Back to AAPL, the company may report a massive dividend increase after the market closes, I am still long AAPL ------------------- DEXO-Dex One Corporation, a marketing solutions company, offers various solutions to promote businesses on the Internet through its proprietary search engine marketing product, DexNet. The company’s solutions include assessment of marketing programs and advertisements, message and image creation, recommendations for advertising placement, industry-specific research and information, market-specific research and information, in-depth understanding of how consumers search for businesses and what influences them to buy from one business versus another, and mobile and online Web site development. It also offers online reputation management, online video development and promotion, Dex published yellow pages and white pages, search engine marketing and optimization strategies, keyword implementation, social strategies, and tracking and reporting, as well as Dex Mobile, a mobile application; and CityCentral, an iPad application. The company also provides printed yellow pages directories, including core directories, community directories, and plus companion directories to meet the advertising needs of local and national businesses and the informational needs of local consumers. In addition, it offers digital products and services comprising DexKnows.com, an Internet yellow pages site, which enables customers to find local business information, as well as to refine their searches, such as specific product and brand names, business name, hours of operation, payment options, and locations. Further, Dex One Corporation provides marketing solutions, such as local business and market analysis, target market identification, advertising and digital profile creation, and distribution strategies. ------------------- DEXO/SPMD long thesis-Dex One Corp (DEXO) and Supermedia Inc. (SPMD) were popular purchases for institutions due to their upcoming merger which is expected to close in the next couple of weeks. Both trading at market caps less that 25% of their free cash flows, these two advertising companies have huge upside potential. Popular? Really? I guess if you ignore that over 20% of the float is short, the debt is trading subpar and that the companies make phone books you might be allowed to sit at the popular table… but there is nothing popular about these two purchases, unless you count popularity by my personal blog roll, and then by all means, apparently I should be a fashion icon for what is popular in the future, because it’s definately not popular when i get involved… i mean nothing popular trades at 52-week and all-time lows. Perspective is everything. There is a lot of upside here across the next couple years. Contributed by "The Whiz Kid" Glen Bradford, follow him on the web at www.globalspeculation.com