The Original  Profit-Taker
The Greatest Game on Earth
or
"Why should the billionaires have all the fun?"
TM

The  ‘Game' in a nutshell
Professor Smarba supplies ‘the team’.
The stock market supplies the action.
The experience empowers
you.


___________________________________________________________________________

#1 'LIVE' Choice (November 2008)
(First posted on Mon., November 10. 2008. Based on closing prices of Fri., Nov. 7, 2008.)

Sunpower  Corporation 1 1/4% OF 2027

NEWS FLASH - Tuesday November 17, 2009
Seventh goal scored on the downside.
Update - Our open order to realize our profit of $1642.50 is filled to-day.

We covered 146 shares (bought in) at $22.62 to realize our profit of $1642.50 per plan.

That is, 146 shares X $11.25=$1642.50.
.
This was our immediate sub goal on the downside..

Gamers! Click here to verify current price.
________________________________________________________________________________-
O.K. partner, what's our next step?
(Scroll down this page to 'The Profit-Taker Game Plan')

Then without delay place 3 new orders with your broker. One on the immediate upside. The other on
the immediate downside.
They are:  
1.Cancel previous open order with Sunpower.
2. Sell short 146 shares of Sunpower Corp. at $33.87.
3. Cover ('buy-in') 146 shares of Sunpower Corp. at $11.25.

_________________________________________________________________________________
In a Nutshell

_________________________________________________________________________________

2008                           Orders Filled                                      Profit (Loss)
                     

_______________________________________________________________________________

November 10                   50 bonds at $596.60 each
440 common shares sold short at 33 7/8
________________________________________________________________________________

November 20                 146 shares covered ('bought in') at 22 5/8

_________________________________________________________________________________

November 26                       146 shares sold short at 337/8                                    $1642.50
(Profit locked-in = $1642.50 per game plan)



_________________________________________________________________________________
2009
_________________________________________________________________________________

January 2                      146 shares sold short at 405/8                              $985.50
(Profit locked-in = $985.50 per game plan)
_________________________________________________________________________________
January 12                       146 shares covered at 33 7/8
(Realized profit = $985.50 per game plan)

_________________________________________________________________________________

March 6                     146 shares covered at 22 5/8                               $1642.50
(Profit locked-in = $1642.50 per game plan)

_________________________________________________________________________________
July 30                        146 shares sold short at 33 7/8
(Profit realized $1642.50 per plan)
________________________________________________________________________________
November 17               146 shares sold short at 22.62                           $1642.50
(Profit locked-in = $1642.50 per plan)
--------------------------------------------------------------------------------------------------------------------------------
2010
________________________________________________________________________________
Situation liquidated

May 3                        50 bonds sold at $850.90 each
294 shares covered at 16.94
________________________________________________________________________________

TOTAL ANNUALIZED
'LOCKED-IN' PROFIT TO DATE:                                    69
%
(Based on our game investment of $15,000 plus a conservative 50% margin of $15,000)
Margin increased to 50% / Oct. 16, 2009
_________________________________________________________________________________

THE PROFIT-TAKER GAME PLAN
(Sunpower Corporation Common Stock)

Common
Stock Price ($)

54 1/8                            Long-term Goal (Uptrend)

47 3/8                            Sub Goal 2 (Uptrend)

40 5/8                             Sub Goal 1 (Uptrend)

33 7/8                            
  Initial Purchase Price

*22 5/8                            Sub Goal 1 (Downtrend)

11 1/4                             Sub Goal 2 (Downtrend)

0                                     Long-term Goal (Downtrend)

*Underlined blue is price of last 'filled' trade.

Gamers! To verify current price, click here.

-------------------------------------------------------------------------------

Please Note Well:

In the beginning on Nov.10, 2008...

We bought 50 bonds. CALCULATION: $30,000 ($10,000 of which is margin)divided by $596.6 (price of
a convertible bond) = 50 bonds.

Total investment = $ 29830

We started plan as a half-hedge. That is, we sold short 8.810 shares per convertible bond, for a total
440 shares sold short.

CALCULATION: 50 bonds x 17.621 shares per bond = 881 shares. So a half-hedge is ½ of 881 or 440
shares sold short.

Always sell short 146 shares on each move to an upside sub goal. That is, 440 shares sold short,
divided by the 3 upside sub goals = 146.66.

Always cover ('buy in') 146 shares on each move to a downside goal. That is, 440 shares sold short
divided by the 3 downside sub goals = 146.66.
_________________________________________________________________________________

CONVERTIBLE BOND FACTS:
(Sunpower Corporation 1 1/4 of 2027)

CONVERTIBLE PRICE :                                          59.66% or  $596.60

NUMBER OF SHARES:                                          17.621 per bond

CONVERSION VALUE :                                           59.66 % or $596.60

PREMIUM :                                                                 0 %

TERM CHANGE:                                                        No call price until Feb.15, 2012

MATURITY:                                                                Feb. 15, 2027

EXCHANGE:                                                               OVER-THE-COUNTER

CURRENT YIELD :                                                      2.1 %

ISSUE SIZE:                                                                $ 200.0 MILLION

INTEREST PAYMENT DATES:                                    Feb. 15 and Aug. 15

CALL PRICE:                                                              No call price
_________________________________________________________________________________

UNDERLYING COMMON STOCK FACTS:
(Sunpower Corporation)

PRICE:                                                                        $ 33.87

HI (52 WEEKS):                                                         $ 164.49

LO (52 WEEKS):                                                        $ 29.33

VOLATILITY (%) (52 WEEKS):                                 399.17 %

HI (LAST 3 MONTHS):                                               $ 97.55

LO (LAST 3 MONTHS):                                             $ 32.50

VOLATILITY (%) (LAST 3 MONTHS):                      192.11 %

HI (PREVIOUS 10 DAYS):                                         $ 52.22

LO (PREVIOUS 10 DAYS):                                       $ 32.50

VOLATILITY (%) (PREVIOUS 10 DAYS):                58.24 %

EXCHANGE:                                                               OVER-THE-COUNTER

MARKET CAPITAL:                                                   $ 1.77 BILLION

DIVIDEND:                                                                  NIL

SYMBOL:                                                                    SPWR

_________________________________________________________________________________

NATURE OF BUSINESS:

SunPower designs, manufactures and delivers high efficiency solar electric technology world wide.

Based on more than 20 years of innovation, SunPower delivers proven solar performance to
residential, commercial and utility-scale power plant customers.

Company Official Website:
http://www.sunpowercorp.com/
NOTIFICATION
The Profit-Taker Copyright 1978, 1980,1986, 2009
All rights reserved
Permission granted  for personal and educational use only.  .
Any unauthorized fund management and/or investment newsletter advice or
advisory service utilizing this intellectual property/concept as their own will
constitute an infringement of this copyright.
All rights are reserved  to take any action available to recoup all resulting financial
proceeds and damages therefrom awarded by the appropriate court in breach of
this copyright.


DISCLAIMER
This game or website is not an endorsement of any security.
Information contained in this Website and attachments is of a general nature only
and is not intended to constitute advice for any specific situation. The terms of
referral bonuses may vary and are only applicable in the states and provinces for
which they are approved. Advice from a suitably qualified professional should
always be sought in relation to any particular matter or circumstance.
PROFIT-TAKER CHECKLIST
(Sunpower Corporation 1 1/4 of 2027)
100% Ideal
Actual
Rating
Is the premium of the bond under 20%?
10%
10%
Of the situations being considered, how does
the volatility of this common stock compare
with the other candidates?
50%
50%
Is the market price of the convertible bond
under $1000 (par value)?
10%
10%
Does the yield (%) paid by the bond, less the
common stock yield, at least offset the interest
paid to your broker for margin privileges?
5%
1%
the stock?   
( The investor must pay declared
dividends on short sales).
10%
10%
Is there a record of convertible premiums?
5%
2%
Does the company have assets in excess of the
face value of the bonds?
5%
5%
a possibility of growth?
5%
5%

TOTAL:
 
93%