Posted:
#1
The other thread is too long..
EFUT getting bombed fellas, who is the KING now??
j/k
EFUT getting bombed fellas, who is the KING now??
j/k
June and July 2007 Stock Talk Part II
rofl
Posted:
#4
D2,
My heart is a daytrader, my head is a position trader.
Every now and then I try to swing trade a stock, and I really should have last night on HOKU..I knew they would run it and I let it go and not jump on.
Its a low float stock that traders love to push around.
Big$$$, yeah you know thats the last thing I would ever really mean..hahaha
My heart is a daytrader, my head is a position trader.
Every now and then I try to swing trade a stock, and I really should have last night on HOKU..I knew they would run it and I let it go and not jump on.
Its a low float stock that traders love to push around.
Big$$$, yeah you know thats the last thing I would ever really mean..hahaha
Posted:
#7
Im proud owner of IDMI now. Hmmm, now what?! LOL
Here all my investments...err crap shoots im sitting on now in my gamble account.
DRIV sept 50 calls
EBAY oct 32.50 calls
RACK jan 09 10.00 calls
Ency (half are covered calls)
IDMI
I'm looking to bail out on the ebay and rack shortly. Not too proud of those, picked them up a little while ago on impulse.
Posted:
#11
Guys, what do you think of OVTI? Holding up really nicely and a healthy chart for the last few months. It's in a robust market with the neverending innovation on all the camera/video phones, it's always been an innovator, selling well of 2-year highs, good balance sheet, could certainly be a takeover target. Value + growth play IMO. I bought just under $16, trading now around $17, and I see back to highs around $30 in 6-9 months. Thoughts? 
Posted:
#12
D2,
I have been waiting for this since the end of May, the problem is they keep taking it back up after they take it down..the market is only a few hundred points from the highs..
I think the 10yr being over 5% gives a huge incentive to having cash on the sidelines..5% for a mid term note is a pretty good yield.
I think seasonality is a big issue plus the fact larger money is out of the market on vacation, it takes less volume to move the boat..thats usually how summers go.
I am still not short anything, we havent broken strong technical levels yet..the market is down 150 today, it was up yesterday..there is no trend to follow. Anyone going long or short in this up down up down market is losing.
OVTI looks reasonable..not on a PE basis, they do have a ton of cash and little debt and valuation seems reasonable.
I have been waiting for this since the end of May, the problem is they keep taking it back up after they take it down..the market is only a few hundred points from the highs..
I think the 10yr being over 5% gives a huge incentive to having cash on the sidelines..5% for a mid term note is a pretty good yield.
I think seasonality is a big issue plus the fact larger money is out of the market on vacation, it takes less volume to move the boat..thats usually how summers go.
I am still not short anything, we havent broken strong technical levels yet..the market is down 150 today, it was up yesterday..there is no trend to follow. Anyone going long or short in this up down up down market is losing.
OVTI looks reasonable..not on a PE basis, they do have a ton of cash and little debt and valuation seems reasonable.
Posted:
#14
Agreed...the only thing to me is the technical trend we are in..these lower lows and lower highs are going to break the table fellas..
Days like this you buy stocks either up (not for news) or ones that are still in uptrends, say like AAPL..ride the momentum.
I hate saying this and I have to first say that I think the stock is a fuqing house of cards, but FSLR is probably going to 100...it deserves to be at 35 but I think it is going to 100 this summer.
Days like this you buy stocks either up (not for news) or ones that are still in uptrends, say like AAPL..ride the momentum.
I hate saying this and I have to first say that I think the stock is a fuqing house of cards, but FSLR is probably going to 100...it deserves to be at 35 but I think it is going to 100 this summer.
Posted:
#17
Hey AZGrinder... what are your thoughts for dumping eBay? I bought at a terrible time (around $34) and have been looking to dump it for a few weeks now... this stock pisses me off it jumps up a buck like today and then tomorrow it will be down $0.80... just seems like no consistent upward movement.
Posted:
#20
Is anybody familiar with PCS (MetroPCS)... I bought it's IPO at a low $27 and it went as high as $37. It's now hovering around $33 with an expected year end of $38-$42. With more analysts covering it, and the fact that I've been eyeing some cheap MCZ and been looking into POZN, would now be a good time to count my profits or should I hold on to this analyst rush a little longer? Thanks guys!
Posted:
#21
Remember the problem with subprime lending going on with housing right now? Well that's a snapshot of things to come for MetroPCS.
Kiplinger.com put out a decent article today that actually rallied people to buy the stock. But after reading the piece, the bads seemed to outweigh the goods. For example:
1) "an industry in which growth is getting harder to come by" - Growth is inevitable for the right player, but it is finite.
2) "Metro focuses on dense urban markets" - In this age of globalization, what of calls going beyond those markets? Will there be costly connection fees to go along with the presumably increased immigrant population in those areas? Sounds unlikely to cater to the fickle nature of metro markets where movers and shakers come and go.
3) "Metro's customers come and go at a faster rate than the industry's average" - There goes that word-of-mouth advertising advantage. And we all know how sticky the Do-you-hear-me-now guy has become. There's a reason for it....
4) What's to keep the heavy hitters from copying Metro's transparent business model (selling phones for actual value vs at discount)? After all, if they experience loss of market share in such vital areas, copying the competition at least in the short term would drive away the threat.
In the end, this company may do well in the short-term, but long term its a fing nightmare take your chips off the table dog
Kiplinger.com put out a decent article today that actually rallied people to buy the stock. But after reading the piece, the bads seemed to outweigh the goods. For example:
1) "an industry in which growth is getting harder to come by" - Growth is inevitable for the right player, but it is finite.
2) "Metro focuses on dense urban markets" - In this age of globalization, what of calls going beyond those markets? Will there be costly connection fees to go along with the presumably increased immigrant population in those areas? Sounds unlikely to cater to the fickle nature of metro markets where movers and shakers come and go.
3) "Metro's customers come and go at a faster rate than the industry's average" - There goes that word-of-mouth advertising advantage. And we all know how sticky the Do-you-hear-me-now guy has become. There's a reason for it....
4) What's to keep the heavy hitters from copying Metro's transparent business model (selling phones for actual value vs at discount)? After all, if they experience loss of market share in such vital areas, copying the competition at least in the short term would drive away the threat.
In the end, this company may do well in the short-term, but long term its a fing nightmare take your chips off the table dog
no problem gl.
Posted:
#24
Nice info Koaj, that is the kind of stuff we can all profit from.
Got my limit fill on POZN and on UVE.
I am not big on Ebay, sorry fellas..I think their growth multiple is coming down, thus their PE should as well..they are going to struggle digesting Skype and even internal growth is going to be tough..they keep raising prices to do business and that will only go so far.
As for a trading stock it is fine, but once the PE gets to high 20s and above its a no go for me. I liked it at 24 as posted here, but in the 30s I think there are other stocks I would rather own.
MCZ? what stock is that?
Got my limit fill on POZN and on UVE.
I am not big on Ebay, sorry fellas..I think their growth multiple is coming down, thus their PE should as well..they are going to struggle digesting Skype and even internal growth is going to be tough..they keep raising prices to do business and that will only go so far.
As for a trading stock it is fine, but once the PE gets to high 20s and above its a no go for me. I liked it at 24 as posted here, but in the 30s I think there are other stocks I would rather own.
MCZ? what stock is that?
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