FOREX

The Wizard is currently long MVIS, LMRA and Short AKS.

Who is LMRA: LONG

Do your work on LMRA and you will be impressed with the potential of this company.  They have three business models that are poised to explode.  We feel that this is a long term hold that could reward you richly in 1-2 years.

Lumera Corporation engages in the development, manufacture, and marketing of devices using proprietary polymer materials primarily in the United States. It operates in two segments, Bioscience and Electro-Optics. The Bioscience segment?s products include NanoCaptur arrays and ProteomicProcessor, which are used in protein characterization, drug development and screening, and biomarker discovery. It is also developing the surface plasmon resonance biosensor designed to enable discovery and characterization of proteins. The Electro-Optics segment?s products include electro-Optic modulators and high speed optical interconnects that are used in satellite communications, optical switching for telecom components, high speed signal processing, terahertz imaging, and defense/aerospace; and millimeter wave systems, which could be used in wireless communication systems applications and in security related applications. The company also offers a range of contract research and development services. It offers its products and services primarily to governmental agencies. The company was founded in 2000 and is headquartered in Bothell, Washington.

I've been watching this stock for some time and buying on pullbacks. This story is in its infancy and Lumera is starting to look like the real deal to me. The writing is on the wall here for all to see.

A contract with Fujitsu Labs is no small event. It doesn't matter what the contract size is. Just like the contract with Lockheed, its getting a foot in the door that matters. The technology is making in roads into the largest corporations in the world. That implies not only an acceptance, but a superiority. I could be wrong of course, but I think that this company is poised to do great things. They are making the right contacts to set up great future contracts. As one company uses their technology, others will as they have to maintain a competitive edge.

"and we are working on several other contracts and partnerships, which we hope to announce in the not too distant future"

"our electro-optic business unit continues to develop materials and devices which maintain our position as the leading provider of high performance solutions in these areas"

Lockheed Martin has placed a purchase order for our EO materials and we have entered into a material transfer agreement with them...

...We anticipate that the polymer materials will exceed their expectations and lead to a mutually profitable arrangement.

"We are having partnership discussions RIGHT NOW to develop our millimeter wave communication system which we had announced towards the end of last year. We want you to know that we are actually pursuing joint venture opportunities and hope to announce success in the coming months."
 

WHO IS MVIS: LONG

MVIS has been around since the internet boom.  They have fallen on hard times in the past but have a new CEO from GE who has lite a fire under the company.  They are the leader in the mini-projectors.  The thing that makes them unique is the patents they hold for the PICOP which could be the next big thing in cell phones.  Read up on the potential uses for their PICOP and it is scary stuff.  Think APPLE and IPOD and you can see the potential value.

Microvision, Inc. develops miniature display and imaging engines based on integrated photonics module (IPM) in the United States and internationally. The IPM utilizes two dimensional micro-electrical mechanical system (MEMS) light scanning technologies, lasers, optics, and electronics to create video or still image from a small form factor. Its primary product includes Flic Scanner, a hand-held bar code scanner and Flic Cordless Scanner, a Bluetooth version of the Flic Scanner. The company also produces various demonstration units using Microvision's display technology. It also develops an integrated photonics module that consists of MEMS scanner, light source module, and electronics to drive the MEMS scanner, and video input and output. Microvision serves automotive, defense, consumer markets, military, medical, commercial, and the United States government customers. The company was founded in 1993 and is headquartered in Redmond, Washington.a

Their markets,

SEE HOW IT WORKS.....then decide how much you want to buy of MVIS!! Back up the truck.

See it in action click here

Click the play button for CES show highlights featuring MVIS PICOP Projector

http://www.microvision.com/corporate_overview/

WHO IS AKS: SHORT

We feel that the steel market has run its course and is due for a correction.  AKS was rumored as a buy out target a couple of weeks ago. We feel they are not a target as they have a huge debt load and the anti-trust issues should keep potential buyers at bay.  AKS is currently trading at a PE of over 50 and the norm for steel stocks is 10.  We therefore have a short position in AKS looking for a 10%-20% correction on it short term.

AK Steel Holding Corporation, through its subsidiaries, produces flat-rolled carbon, stainless, and electrical steels, as well as tubular products in the United States. It manufactures flat-rolled carbon steels, including coated, cold-rolled, and hot-rolled products; and specialty stainless and electrical steels that are sold in slab, hot band, and sheet and strip forms. The company sells flat-rolled carbon steel products primarily to automotive manufacturers; and to customers in the appliance, industrial machinery and equipment, and construction markets consisting of manufacturers of home appliances, and heating, ventilation, and air conditioning equipment. It also sells its coated, cold rolled, and hot rolled carbon steel products to distributors, service centers, and converters. AK Steel Holding sells its stainless steel products primarily to manufacturers and their suppliers in the automotive industry; manufacturers of food handling, chemical processing, pollution control, and medical and health equipment; and distributors and service centers. It sells its electrical steels to the manufacturers of power transmission and distribution transformers, electrical motors and generators, and lighting ballasts. In addition, the company involves in finishing flat-rolled carbon and stainless steel into welded steel tubing, which is used in the automotive, large truck, and construction markets; and trades in steel and steel products in Europe. It also sells its products in Canada, Mexico, and western Europe. AK Steel Holding was founded in 1900 and is headquartered in Middletown, Ohio.