Good call on TIE, Ive made a enough change to cover my Safari this weekend

4/26/2006 2:08:32 PM

Oh no!!

Cramer also contrasted Titanium Metals (TIE:NYSE - commentary - research - Cramer's Take), whose stock gets 41 times earnigs, and UnitedHealth (UNH:NYSE - commentary - research - Cramer's Take), whose stock gets 14 times. "My playbook says you should be selling Titanium and buying UnitedHealth."

*watches TIE plunge*

4/26/2006 8:42:09 PM

The Cramer kiss of death

4/26/2006 9:30:57 PM

god i hate cramer.

4/26/2006 10:02:29 PM

I don't mind him if he recommends things that I like, and then they go up. But when he brings the kiss of deah onto stock that I own....>:O

4/26/2006 11:15:17 PM

^ That's precisely why I hate him. He brings unnecessary volatility to a lot of stocks. I guess it's ultimately not his fault, but the fault of the mindless sheep that buy and sell based on his recommendations.

There are several websites that do detailed performance tracking of his picks... The last I checked I only believe he is up 7% over the past one year period. Most of my 401(k) mutual funds out-performed this. And my mutual funds are in some of the worst performing funds that Fidelity has to offer.

4/27/2006 8:18:13 AM

i think TIE still has legs as we approach the 2-1 split

if there's a dip based on what Cramer says, it might be a buying opportunity

4/27/2006 8:36:02 AM

the last time I took a Cramer pick, it was Bookham (BKHM), which I picked up a few months ago

I've long since sold it, but its dipping into the 5's now, which is alot less than where it was supposed to be

4/27/2006 10:41:46 AM

Cramer is just one of many sources for leads. A lot of times, my reswearch overlaps with his.

My other sources include Valueline, cbsmarketwatch.com, and shit i see on the NASDAQ most active list


The ones I own now that Cramer has recommended in the past are:

CELG, CTSH, DNA, LIFC, PAAS, and VPHM

4/27/2006 10:55:19 AM

Lifecell had a great day yesterday, but the markets pretty much gone suck the rest of this week based on Bernanke saying that interest rates are probably gonna rise to curb inflation.

4/27/2006 11:07:20 AM

More investors take a shine to base metals
http://biz.yahoo.com/usat/060425/13524890.html?.v=1

Quote :

"If you want to invest in soaring metals prices, ask yourself a simple question: Do you feel lucky? Analysts fret that the rise in copper, zinc and other metals is overdone, and that the chart of copper prices looks suspiciously like a chart of Internet stocks from those bubbly days of 1999. "Yes, this is a speculative craze," says Richard Asplund, chief economist for the Commodity Research Bureau. "But that doesn't mean it can't keep going." Huge demand from China and other countries has pushed up prices for base metals: copper, zinc, aluminum, lead. Supply, meantime, hasn't kept up. You can't just open a new lead mine. It can take years to open a mine once a productive lode has been found. That hasn't exactly been a secret on Wall Street, and some analysts are blaming commodities speculators for pushing up prices farther and faster than they'd normally go. That could mean that much of the surge in base-metal prices is over, for now. If you're steeled for investing in metals, though, you have several options, none of which involve storing ingots in the basement: Futures. A commodity futures contract obliges you to buy or sell a specific amount of a commodity at a set date. Most commodity traders have no intention of actually owning the commodities they trade. Rather, they're betting on future price movements. Investing in futures is best left to professionals. Small price moves can wipe you out. Individuals (and some professionals) tend to lose early and often in the commodities markets. At least in theory, you can lose more than you invest. You can invest in commodities funds, which are pooled investments, like mutual funds. But they're generally reserved for the very wealthy. Stocks. If you don't want to buy futures, you might want to consider investing in companies that mine and refine metals. Freeport McMoRan, a copper and gold producer, has soared 22.5% this year. Its P-E ratio - price divided by the past 12 months' earnings - is 14.1%, lower than that of the Standard and Poor's 500-stock index. S&P analyst Leo Larkin, however, isn't enthusiastic about any mining companies right now. "The stocks have moved up pretty smartly," he says. Also, many mining stocks actually fell Tuesday, even as metals prices were rising. Larkin thinks those stock prices already reflect higher metals prices. Natural resources funds. These stock mutual funds invest mainly in energy stocks, but might have big stakes in mining companies, too. If you're after gains in metals, study the funds before you buy. U.S. Global Natural Resources Fund, for example, has 18.1% of assets in oil exploration and production companies and 3.25% in metals and mining stocks. RS Global Natural Resources has 19.7% of its assets in materials stocks. "

Some are asking how long the metal craze will last.... Clearly with the price of commodities soaring, base metals have had their day. The big question is whether any upside remains. Voiced another way: Is the bubble about to burst? Only time will tell.... and many are betting the trend will continue....

4/27/2006 11:43:01 AM

Quote :

"Freeport McMoRan, a copper and gold producer, has soared 22.5% this year. Its P-E ratio - price divided by the past 12 months' earnings - is 14.1%, lower than that of the Standard and Poor's 500-stock index."

hmmm

4/27/2006 12:24:44 PM

If TIE goes down some more I believe I'll attempt to pick up a few more shares.
On other news--I'm actually surprised, my GE and ALL are up for once.

4/27/2006 12:28:50 PM

picked up ISIS on monday, went up 14% today. Stock market has been treating me good lately.

4/27/2006 5:31:12 PM

Hypothetical question.

Let's say that I have a credit card with a $0 balance and with a $25,000 limit. Let's say I get one of those blank checks from the credit card company for 0% interest for six months. Then let's say I write a check to myself for $25k and put it in a 6 month CD at 4.5%. Assuming that it's compounded daily, 6 months from now, I'd net $569, pay back the $25k, and not pay a dime of interest.

What's the potential downside?

Maybe it's just been a long day, but I can't think of one.

4/27/2006 9:27:21 PM

There is a book about a guy who did the same thing (in principal) with credit cards and 0% interest. From what I've read, the issuers of the "free money" have included various and sundry loop-holes to prevent that.

4/27/2006 9:56:58 PM

Incidentally, I'm just getting started into stock (finally got a full time job - yay for 401Ks, et al).

I remember discussion about statistical trading, something to that effect. Any good links with details/basics behind that? Any believers / success stories / tutorials out there? Thanks.

4/27/2006 11:33:01 PM

^^^ offhand, i don't see a downside

i know a guy who used 0% credit card cash for down payment to speculate on a property

there may be some rules to prevent it, but i don't know of any

4/28/2006 9:46:41 AM

Bobby: 1099-INT

4/28/2006 10:22:14 AM

^ true, but still a net profit for 0 risk.

4/28/2006 10:23:40 AM

yeah I don't think there's a downside.

In fact if you talk to them they might offer to increase the 0% interest by another 6 months.

4/28/2006 10:24:43 AM

I was talking about this with a co-worker, and he mentioned that a lot of times, they'll charge a percentage fee for these type of checks. I did read the fine print last night, but didn't see any mention of that. But I think i'll read it again.

Of course the other downside is that it will probably be a temporary hit to my credit score to have a credit card maxed out for $25k, but since I don't really need to apply for any additional credit any time soon, I don't mind that. Of course, i'll have to cover the minimum payments each month as well, but even then it's ultimately just moving funds around.

4/28/2006 10:45:30 AM

...wait, i have an MBNA card and get these checks in the mail all the time.

i noticed a 3% charge when i looked at the fine print.

4/28/2006 12:06:50 PM

yeah mine's chase, so i gotta double check. most of them are capped at around $100 or so. But, when I get home, i'll check on that.

4/28/2006 12:09:36 PM

It depends on the offer you're getting.

Chase offered me no charges+0% interest.

I think I cashed about $10k

4/28/2006 12:11:49 PM

In other news, Gold is at a new all-time high, over $650 now.

4/28/2006 12:35:08 PM

There's a name for this credit leveraging thing: stoozing.

http://www.stoozing.com/

interesting stuff.

4/28/2006 4:27:14 PM

wow


[Edited on April 28, 2006 at 4:54 PM. Reason : .]

4/28/2006 4:39:53 PM

gargs that was the most useless post ever

In other news--
Any thoughts for the upcoming week, other than the terrible fact that I have two ECE exams tomorrow?

4/30/2006 4:24:18 PM

for starters, there's macro news:

http://tinyurl.com/e6ccu


and earnings coming up

http://biz.yahoo.com/research/earncal/20060501.html

4/30/2006 5:04:45 PM

One of the big bank companies mails my dad these 80,000 checks with promise of no interest for a year or something like that...

So he takes them, and invests part in cds and part in low risk stocks, and then just pays them off....

The secret is that if you use that same credit card that you have for anything during the year, they start interest at that moment... So basically as long as he cuts up that card, or puts it away somewhere, then he gets the 0 interest money... Just thought I would share since it is similar to what yall were talking about.

4/30/2006 6:43:44 PM

TGC and TIE have both had a nice little jump this morning in premarket trading

5/1/2006 9:35:19 AM

yup, i just wish BDCO didn't drop

my TGC upside is negated by the BDCO downside

5/1/2006 10:23:13 AM

just dont get scared and dump your shares if its a good long term investment


remember, its not a loss untill you sell and realize that loss. like right now my SIRI is down a little, no big deal, it will return to where it was. its actually one of the few stocks that I am holding long

5/1/2006 10:32:42 AM

its by no means a "long term investment", but i won't panick and dump just yet

5/1/2006 10:34:12 AM

in other news, TGC just lept above the 2.00 point of resistance to 2.05

5/1/2006 10:34:55 AM

oh snap, i just realised i sold half my BDCO at 7.02...not so bad then

5/1/2006 10:36:28 AM

I was considering getting some MSFT on a dead cat bounce, but decided against it.
Knowing my luck of having things that I call, but don't invest in, skyrocket--that's what'll happen.

5/1/2006 10:53:28 AM

My only regret with TGC is that I didnt buy more at 1.78

5/1/2006 10:54:40 AM

well, you also avoided the risk that comes with it

one news story could yank the rug out from under this thing

remember we're trading momentum with these types of stocks

5/1/2006 11:08:20 AM

eh, i guess its a reverse jinx on BDCO today

5/1/2006 1:29:50 PM

why the sudden drop?

5/1/2006 3:26:47 PM

profit taking and shorts driving it down

5/1/2006 3:43:10 PM

Ive been told to look at FPPL

its a pink sheet stock that has seemed to get a little interest as of late.

its not even a penny a share, so you can buy huge amounts

might do what PGPM did today

[Edited on May 1, 2006 at 4:22 PM. Reason : .]

5/1/2006 4:22:37 PM

*buys 27 million shares of FPPL and PGPM*

5/1/2006 8:43:45 PM

i'm not entirely sure how those things work

how much volume is out there for each of those securities?


for example, how likely is it that you buy a bunch at X price, and end up holding a sell ticket that no one will fill above a price of X/4 ?

5/2/2006 12:08:52 AM

http://rjohara.net/money/stocks/2005-10-28-FPPL-first-petroleum-pipeline.html

5/2/2006 1:43:27 AM

Im sitting on an 80% return since yesterday in PGPM and 47% on FPPL!

[Edited on May 2, 2006 at 10:13 AM. Reason : .\]

5/2/2006 10:13:18 AM

make that 135% and 74%!

5/2/2006 10:22:32 AM

What do you think about the growth potential on PGPM?

This sounds pretty promising:

Quote :

"At US$60 per barrel for proven reserves and a portfolio that generates 900 million barrels of oil, Pilgrim Petroleum can be valued conservatively at 900 million barrels x 20% net revenue interest to Pilgrim Petroleum x US$60 per barrel = $10.08 billion less $100 million net development cost = $US10.07 billion in potential assets if fully developed. Pilgrim common stock could be worth approximately: $US10.07 billion divided by 322,720,011 common shares = $33.15 per share."

5/2/2006 10:36:50 AM