wall, I bought DPTR @ $5.30 today. Wish I had been watching this last week, but oh well. I need one more pick at current levels. Long term (more than 1 year). What do you think?
wall, I bought DPTR @ $5.30 today. Wish I had been watching this last week, but oh well. I need one more pick at current levels. Long term (more than 1 year). What do you think?
Started a regular brokerage in mid-'07 and been adding regularly since. Now from the total I've put in I'm "only" down 20%, including losses realized in 07 and 08. Lots of losers but a few really good winners made up for some of it. Hoping to get back to breakeven or better this year.
Started a regular brokerage in mid-'07 and been adding regularly since. Now from the total I've put in I'm "only" down 20%, including losses realized in 07 and 08. Lots of losers but a few really good winners made up for some of it. Hoping to get back to breakeven or better this year.
I'm good with that one. I got it around 16 in a non-taxable account and under 8 in my regular account. Still, that baby went to 3 after that, what was that, a month ago? 500%? Craziness.
Quote Originally Posted by wallstreetcappers:
DRYS
Only another 50 points to go.
I'm good with that one. I got it around 16 in a non-taxable account and under 8 in my regular account. Still, that baby went to 3 after that, what was that, a month ago? 500%? Craziness.
You want one more pick? Give me more info regarding price etc and I will give an idea or two.
I really like CRDC down here..could be a 150% return and I dont see a ton of risk at this level honestly.
I don't necessarily care as far as price, but I tend to look for stuff that can end up as real HR's, rather than a more sure 10% return sort of thing. I can handle high beta. Like to buy stuff near their lows and hang on for the recovery.
Quote Originally Posted by wallstreetcappers:
depeche,
You want one more pick? Give me more info regarding price etc and I will give an idea or two.
I really like CRDC down here..could be a 150% return and I dont see a ton of risk at this level honestly.
I don't necessarily care as far as price, but I tend to look for stuff that can end up as real HR's, rather than a more sure 10% return sort of thing. I can handle high beta. Like to buy stuff near their lows and hang on for the recovery.
Sold my USO today at 37.30 for a little profit (bought at 36.05 on December 16th). I originally wrote long term, but I just can't resist taking a little profit trading after it has had such a run up recently. I wish I had waited and bought lower.
Sold my USO today at 37.30 for a little profit (bought at 36.05 on December 16th). I originally wrote long term, but I just can't resist taking a little profit trading after it has had such a run up recently. I wish I had waited and bought lower.
I dont get CRDC, they are just a small company who is quietly and slowly building a following for their MONSTER product..if they do the correct marketing and sales, thats a 50 buck stock right there, maybe more..if they dont get bought out that is.
Anything under 4 is a stinking steal..
I dont get CRDC, they are just a small company who is quietly and slowly building a following for their MONSTER product..if they do the correct marketing and sales, thats a 50 buck stock right there, maybe more..if they dont get bought out that is.
Yeah this level is still nothing..under 1B market cap for all the assets the company has?
They have the OR assets and 40 plus ships, most on great TCE's and the market sold it off way too much.
Anything under 20 is a hell of a bargain, watch what happens if the BDI ever starts to move up..which it should, we will see days where the stock is up 5-6-7 bucks.
Jeff,
Yeah this level is still nothing..under 1B market cap for all the assets the company has?
They have the OR assets and 40 plus ships, most on great TCE's and the market sold it off way too much.
Anything under 20 is a hell of a bargain, watch what happens if the BDI ever starts to move up..which it should, we will see days where the stock is up 5-6-7 bucks.
For all you crazies out there, it is nearly time to start looking at that pathetic POS stock BCON..they get down to this level where the delist notices start and miraculously they get over a buck somehow, so crap stocks like BCON and HYGS are probably worth a speculative look.
Nasty action today, the market not happy at all.
For all you crazies out there, it is nearly time to start looking at that pathetic POS stock BCON..they get down to this level where the delist notices start and miraculously they get over a buck somehow, so crap stocks like BCON and HYGS are probably worth a speculative look.
Selling into any Obama bounce whatsoever.It is ephemera.
Friday should be a wretched day as well...
On Friday the jobs numbers come out. We already know they will suck because of yesterdays job numbers. If there is a slight suprise we might see a bounce.
Quote Originally Posted by Vermeer:
Selling into any Obama bounce whatsoever.It is ephemera.
Friday should be a wretched day as well...
On Friday the jobs numbers come out. We already know they will suck because of yesterdays job numbers. If there is a slight suprise we might see a bounce.
Rereading Reminiscences reminded me (again) that one has to get down to the basic estimation of what type of market one is trading in.This is a bear market, to me, regardless of today's market or the next few weeks of honeymoon with Obama. I do not believe the manipulators can reverse the psychology that reality creates every day.
I am also selling beaten up, but (mostly) recovered stocks, and am ridding myself of exposure that is not really likely to benefit by non governmental mandates.
Shorting certain stocks...
Rereading Reminiscences reminded me (again) that one has to get down to the basic estimation of what type of market one is trading in.This is a bear market, to me, regardless of today's market or the next few weeks of honeymoon with Obama. I do not believe the manipulators can reverse the psychology that reality creates every day.
I am also selling beaten up, but (mostly) recovered stocks, and am ridding myself of exposure that is not really likely to benefit by non governmental mandates.
that was supposed to read not benefit from governmental mandates. In sum, only the chosen few will benefit from the trillion dollar crapshoot. If you could peek into Al Bore's portfolio (and Billy Boy's) you will see those areas that Obama will reward....
that was supposed to read not benefit from governmental mandates. In sum, only the chosen few will benefit from the trillion dollar crapshoot. If you could peek into Al Bore's portfolio (and Billy Boy's) you will see those areas that Obama will reward....
DO NOT believe the hype and hoopla surrounding Mr Obama's coming to office over the next few weeks. The manipulators and media are in cahoots together and will spin this lunacy out of control, and I hate to say it, but the only ones buying/believing are 100% naive suckers.
Obama will be tested so much on the international front in his first 2 years that nothing domestically will be done. And then when the republicans take Congress in 2010, you'll get 2 years of gridlock as Obama (I hope, but fear the worst) is allowed to complete his 4 years.
In summary, expect hyperinflation and higher taxes from about EOY 2009 through 2014.
Not a pretty picture.
Only thing I can say postive about the futre is that everyone is so rightly negative.
Muni-bonds, social security are the next "Ponzi Schemes" to go caput.
Sorry to tell everyone the bad news, but I am just telling it like it is going to be.
As usual, Vermeer is right.
DO NOT believe the hype and hoopla surrounding Mr Obama's coming to office over the next few weeks. The manipulators and media are in cahoots together and will spin this lunacy out of control, and I hate to say it, but the only ones buying/believing are 100% naive suckers.
Obama will be tested so much on the international front in his first 2 years that nothing domestically will be done. And then when the republicans take Congress in 2010, you'll get 2 years of gridlock as Obama (I hope, but fear the worst) is allowed to complete his 4 years.
In summary, expect hyperinflation and higher taxes from about EOY 2009 through 2014.
Not a pretty picture.
Only thing I can say postive about the futre is that everyone is so rightly negative.
Muni-bonds, social security are the next "Ponzi Schemes" to go caput.
Sorry to tell everyone the bad news, but I am just telling it like it is going to be.
A prosperous new year to all.
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