ssjamind All American 30102 Posts user info edit post |
^ you take any profit yet?
it was at 3.2 less than a year ago
[Edited on May 15, 2006 at 10:56 AM. Reason : .] 5/15/2006 10:55:27 AM |
Scuba Steve All American 6931 Posts user info edit post |
nah, Im gonna let it ride for now, maybe put a trailing stop in. Im betting this stock is cyclical like Wal Mart.
Look at the charts on Wal Mart for the last ten years. Every year it hits a low in September/ October after disappointing earnings in the slow spring and summer quarters of the year. It then continues to build untill Christmas when it reaches its height, and after Christmas, people lose interest and sell off. Its so predictable you can almost set your watch by it.
Thats what I think NLST will be like. Buy before hurricane season, sell at the end of hurricane season. 5/15/2006 11:27:08 AM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
Quote : | "SAN FRANCISCO (MarketWatch) -- Gold futures tumbled as much as $25 an ounce Monday morning as a rally in the U.S. dollar helped extend a pullback from 26-year highs. Friday marked the beginning of a "10% to 20% correction that can literally take place in a manner of days, but more likely weeks, since copper, gold and silver had extremely high overbought readings," said Peter Grandich, editor of the Grandich Letter. Gold for June delivery fell to a low of $686.70 an ounce on the New York Mercantile Exchange, a level it hasn't seen since May 9. The contract was last down $22.80, or 3.2%, at $689 an ounce. The precious metal has now lost $43 since reaching a high of $732 in electronic trading on Friday, which was the highest price seen since 1980. The contract ended Friday, however, with a loss of $9.70" |
http://www.marketwatch.com/News/Story/Story.aspx?guid=%7BC7419AF2%2D32DD%2D448E%2D99A5%2DC06DDD7985BC%7D&source=blq%2Fyhoo&dist=yhoo&siteid=yhoo5/15/2006 11:47:15 AM |
ssjamind All American 30102 Posts user info edit post |
^^ word
^ if gold sells off below 650/oz, i'll probably get into IAU or GLD, and SLV 5/15/2006 12:39:05 PM |
dyson All American 563 Posts user info edit post |
TIE at 72? Is this a good opportunity to buy or just the beginning of a slide? 5/15/2006 5:01:16 PM |
ssjamind All American 30102 Posts user info edit post |
the selloff in comodities today signals that its not bulletproof, but i think the demand for the grade of titanium they provide is solid. plus there is a split tomorrow. a handfull of my friends picked some up around 70 today. the portion of it that i had sold at 84 last week, i bought back today just under 75. 5/15/2006 5:24:51 PM |
Scuba Steve All American 6931 Posts user info edit post |
up up and away on NLST 5/16/2006 11:03:00 AM |
Scuba Steve All American 6931 Posts user info edit post |
for those of you TWWers who bought into PGPM heres an update:
Pilgrim Petroleum Announces Corporate Update to Shareholders Tuesday May 16, 12:15 pm ET
IRVING, Texas--(BUSINESS WIRE)--May 16, 2006--Pilgrim Petroleum has been receiving several calls and emails from shareholders that are inquiring as to the press release on May 1, 2006, related to our Potential of Recoverable Oil. Management would like to report: we hired a third party "Valuation Engineer Report." We feel this is a very important necessary step in the company affairs and our redevelopment in North West Texas. This will define a more sustainable valuation of our company. Pilgrim Petroleum is actively pursuing additional Barnett Shale drilling and reworking opportunities. It is anticipated that expanded and/or new joint ventures will be implemented over the next few months. This emphasis will contribute to the near-term goal to achieve production and more proven reserves. In addition, this strategy will complement the medium-term drilling plans on the land base currently held. Select Canadian Quebec shale gas projects are also under technical analysis and review. Knowledge and expertise held by Pilgrim Petroleum and its joint venture partners will be contributing factors in capturing emerging unconventional Canadian opportunities. 5/16/2006 12:49:32 PM |
dyson All American 563 Posts user info edit post |
target on NLST? 5/16/2006 12:50:16 PM |
Scuba Steve All American 6931 Posts user info edit post |
Ive heard $2-3 5/16/2006 12:50:43 PM |
typhicane All American 2400 Posts user info edit post |
NLST is National Storm Mgmt Inc right?
Currently at .34 and targeted to $2+??? 5/16/2006 12:53:57 PM |
Scuba Steve All American 6931 Posts user info edit post |
Thats what I have heard. People really start buying up hurricane stocks when the season starts. It should be a good year for them, they have just opened a New Orleans area office and theres such a huge amount of work to be done. I honestly don't see how they mess it up. 5/16/2006 1:00:03 PM |
dyson All American 563 Posts user info edit post |
question: if im trading actively in an ira account, what drawbacks are there to playing penny stocks like pgpm or nlst for quick 100-500 dollar gains? 5/16/2006 1:35:03 PM |
hockydries All American 589 Posts user info edit post |
any of you work for EdJones? How do you like it and how was the hiring process? 5/16/2006 2:43:47 PM |
Scuba Steve All American 6931 Posts user info edit post |
^^
I keep my high risk stuff out of my IRA. You should keep them seperate and do any high risk trading with seperate funds. 5/16/2006 4:04:00 PM |
ssjamind All American 30102 Posts user info edit post |
^ same here 5/16/2006 7:04:00 PM |
Scuba Steve All American 6931 Posts user info edit post |
looks like were on track for higher interest rates hikes = stocks tank 5/17/2006 10:10:21 AM |
ssjamind All American 30102 Posts user info edit post |
a couple of opinions:
http://moneycentral.msn.com/content/P151001.asp#msnhp
being overly optimistic by nature, i'm for this scenario
Quote : | "McClellan, who I think is the best intermediate-term stock-market timer going these days, is actually a lot less bearish than the rest. He called for the mid-May weakness a few weeks ago as the market was making highs, and now believes the selling will end the week of May 18-23. His cycle work suggests the market will then advance to new highs by the end of June, and then “chop sideways” through the summer into a soft spot, but not a crash, in the fall. His most interesting forecast is for crude oil, and energy stocks, to bottom in June and then advance through the end of the year, culminating in $100-a-barrel oil and $4-per-gallon gasoline." |
5/17/2006 2:27:10 PM |
Scuba Steve All American 6931 Posts user info edit post |
its been a tough week for some people to stomach. alotta of red out there, but patience is a virtue 5/17/2006 2:58:36 PM |
ssjamind All American 30102 Posts user info edit post |
i'm gathering a bit of $ for an all ETF portfolio
[Edited on May 17, 2006 at 3:59 PM. Reason : etf] 5/17/2006 3:59:02 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
^^ i think a lot of that has to do with this being options week. Tomorrow should see more sliding, and then an upward trend in the next couple of weeks.
Or at least this has been the general pattern lately. I'd wager that tomorrow would be a good day to get back in for those of you who were stopped out or took profit. 5/17/2006 5:18:48 PM |
dyson All American 563 Posts user info edit post |
thanks scuba for nlst 5/18/2006 10:23:17 AM |
ssjamind All American 30102 Posts user info edit post |
i haven't bought NLST yet, but will probably dabble in it if it dips.
keep the picks coming Scuba! 5/18/2006 10:41:12 AM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
I Still like TRID.
Sales up 177%, Earnings up... (well, they went from negative to hugely positive)
It does have a P/E of 111. BUT, it grew 177%. It has a PEG <1.>100% which is a big buy signal in my book. 5/18/2006 12:50:08 PM |
Scuba Steve All American 6931 Posts user info edit post |
Im still holding quite a bit of FPPL, and NLST for the moment seems to continue its upward trend. I once again want to warn of you out there to use caution when trading these stocks. They are very high risk but are potentially very high gain. If you do your research and can read the market, you will do well here. If you aren't sure what you are doing, find one of those practice stock market things online and try that out first. FPPL was nice that yesterday in that during the biggest drop in the Dow in 3 years, it hardly moved, and is currently up 28% today. That my friends is a stock that has hit bottom.
That being said, there are alot of bigger names out there who have been significantly sold off and offer attractive levels to buy. Im still skiddish on XMSR and SIRI untill its closer to Christmas. PEIX will be good after it continues to drop off a bit, they are a great investment, but they dont have the production to substantiate these levels. Let TIE come down a bit as well, analysts have said it was overvalued. REDF and SIFY are also getting cheaper, and should return. GOOG is good but its shares are so damn expensive, they need a split.
[Edited on May 18, 2006 at 12:53 PM. Reason : .] 5/18/2006 12:53:29 PM |
Scuba Steve All American 6931 Posts user info edit post |
holy shit @ TIE
thank god I got out when I did 5/18/2006 3:11:23 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
^ 5/18/2006 3:52:31 PM |
Scuba Steve All American 6931 Posts user info edit post |
Hey man.....live by the sword, die by the sword. If you are going to trade volatile stocks, you have to really be on top of it and watch them carefully for momentum. 5/18/2006 4:11:22 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
TIE will go back up, like he said, it's volatile stock. demand for titanium will not be going down.
now if you were able to get out near the peak and get back in low, then you're seriously ballin' 5/18/2006 4:41:55 PM |
dyson All American 563 Posts user info edit post |
tie stops falling at...? 5/18/2006 4:49:01 PM |
Scuba Steve All American 6931 Posts user info edit post |
I have no idea, the whole consumer price index thing and inflation fears really muddle things. TIE is a good stock to own, just perhaps not right now. I usually don't like AMEX or NYSE stocks anyway, but I made an exception.
[Edited on May 18, 2006 at 4:54 PM. Reason : .] 5/18/2006 4:51:18 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
ah, now wouldn't that be nice to know? 5/18/2006 4:53:39 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
Happy options day... things are looking better so far. Question is whether this a dead cat bounce or if the upswing has already begun... but I think this would be a great day to start buying. 5/19/2006 10:38:36 AM |
ssjamind All American 30102 Posts user info edit post |
i'd say 1/4 dead cat's bounce, 3/4 stabilization
[Edited on May 19, 2006 at 10:51 AM. Reason : 4/4] 5/19/2006 10:42:37 AM |
ssjamind All American 30102 Posts user info edit post |
picked up the following
EWZ EWJ IFN FPX 5/19/2006 10:49:33 AM |
Scuba Steve All American 6931 Posts user info edit post |
you know, I was thinking of a TIE dead cat bounce would happen today. I think it will be in the red today after a selloff around 2 PM. 5/19/2006 11:12:27 AM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
Milberg Weiss Bershad & Schulman has made history. Its indictment is the first ever instance of a national law firm, and it just might spell the end of the shareholder suit firm, according to The New York Times. Two of the firm's partners were charged with giving more than $11 million in illegal secret payments to three people who served as plaintiffs in more than 150 lawsuits. All of Corporate America is probably grinning....
http://www.nytimes.com/2006/05/19/business/19legal.html?_r=1&oref=slogin 5/19/2006 11:25:59 AM |
Scuba Steve All American 6931 Posts user info edit post |
People should be executed for stuff like this. It's economic terrorism. 5/19/2006 12:12:59 PM |
Scuba Steve All American 6931 Posts user info edit post |
Wow, TIE went on a run...still think that there will be so profit taking before close. 5/19/2006 2:25:30 PM |
BobbyDigital Thots and Prayers 41777 Posts user info edit post |
Either way, It's a good one for the long run. There is nothing speculative about TIE - proven world supplies and proven demand for next 2 years. Metal speculators rushed in and pumped it up and then dumped it. But in reality, this is an energy play, not a metals play. 5/19/2006 2:28:46 PM |
Mr. Joshua Swimfanfan 43948 Posts user info edit post |
Grrrrr
I wish that I hadn't written calls on all of my SHLD at $145.
I picked it up around $120/share 2 months ago and its at $160 right now.
On the upside I also sold some puts that I won't get stuck with. 5/19/2006 3:29:17 PM |
ssjamind All American 30102 Posts user info edit post |
also picked up today
IBB XLE ADRE IAU SLV 5/19/2006 4:02:46 PM |
ssjamind All American 30102 Posts user info edit post |
i'm about halfway done building my ETF portfolio 5/19/2006 4:04:19 PM |
CharlesHF All American 5543 Posts user info edit post |
I hear that Dell is going to use AMD chips--could be a buying opportunity for AMD. 5/19/2006 7:26:27 PM |
Kibong Suspended 579 Posts user info edit post |
ssjamind how much money u putting into this stock profile or for all of you how much did u invest to start?i wanna get started but i dont want to be tied in too much 5/20/2006 11:50:37 AM |
State409c Suspended 19558 Posts user info edit post |
Quote : | "I hear that Dell is going to use AMD chips--could be a buying opportunity for AMD." |
You're too late.
Along the same line of thought, Intel has been getting whipped by AMD and the stock is at a 3 year low. If you read between the lines, it looks like Conroe could be Intel's next big shot to get some market share back. Be sure to do tons of research on the hardware sites when the first CPUs hit the market, if Intel is able to slice into the performance/watt/dollar superiority that AMD has been claiming for awhile, they will start turning in better numbers and the stock should go back up. Probably a good time to buy.5/22/2006 10:37:34 AM |
CharlesHF All American 5543 Posts user info edit post |
Nah, I'm way ahead of the curve. 5/22/2006 11:31:10 AM |
ssjamind All American 30102 Posts user info edit post |
^^^
for retirement, you should save early and should save often, and should take the advice of seasoned professionals + parents and other experienced folks.
about half of my non retirement money is in the markets. the other half is in cash, with the intention of saving up for a home and expenses for other life events.
of the bit that is in the markets, a 1/4 is very high risk stocks, and the other 3/4 is at market risk.
it all depends on where you are in life--your risk apetite, cash on hand etc. i started with $500 when I was 18.
when you "play" the market, play with only beer money, and never rent money. 5/22/2006 1:16:07 PM |
ssjamind All American 30102 Posts user info edit post |
finished my etf portfolio
added
PBW EWG ILF EWO EWW EEM IGN IGV ADRA 5/22/2006 1:18:29 PM |
ssjamind All American 30102 Posts user info edit post |
+ EWY somewhere along the way 5/22/2006 1:24:21 PM |