All Forums | Investments

November Stock Talk III

...
Participants:
Search model icon
Views: 4109
Posts: 150
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #76
Oh I get a laugh out of it as well. Politics is the best clown show going...I would call it the best free clown show going, but it can be damn expensive in reality.

 I really recommend that article in the Atlantic, not because I am for Obama (I can't say I am) but because of its astute  analysis of the generational divide that got us to such a miserable, toxic point in politics.Very good insights in that article....
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #77
CSCO beats earnings estimates by a penny and goes down after hours
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57195
Posted: #78
Yeah CSCO deserves to get hit after that report.

I also imagine they will play it tight to the chest on the CC and the stock will go into the high 20s, which will be a good purchase price.

High 20s meaning down the road, not tomorrow.
 
Covers Linesmen
Participation Meter
Joined: Oct, 2005
Posts: 66698
Posted: #79
high 20's for csco is very cheap
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #80
SKF at precisely $100 at the moment
 
Prospect
Participation Meter
Joined: Feb, 2006
Posts: 74
Posted: #81
Wall,
I have around 400 shares of DRYS.  I got in at 90 and should have sold at 130, but decided to ride the wave and now it is below 110!  people are telling me to get out now, but some others say if you are in for long haul I should be fine. 
 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #82
FSLR
 
Prospect
Participation Meter
Joined: Nov, 2006
Posts: 477
Posted: #83
WSC,
 
WCG down to $31.75.  Haven't read anything on them since 5th when Reuters reported the probe may not be as bad as first thought.  Have you seen anything new about them?  Thinking about stepping in, if the overall market action tomorrow is positive.
 
 
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57195
Posted: #84
Grid,

I read the same thing..I guess there is still some risk about Medicare pulling them or some penalty to managment from the state..

I think it is worth a risk if it gets back into the 20s..a tightly controlled risk.


 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57195
Posted: #85
Quote Originally Posted by tblinco32:

Wall,
I have around 400 shares of DRYS.  I got in at 90 and should have sold at 130, but decided to ride the wave and now it is below 110!  people are telling me to get out now, but some others say if you are in for long haul I should be fine. 


I think longer term the stock is in great shape..at least until summer of 2008. Isnt that when the Olympics are?

It is really too late for a stop, you let it slide 20 pts..you could still make 10%, but if it were ME I would gamble since you let it go this far...but for SURE you must set a stop at 92 or so..I wouldnt let it turn into a loser..I have done that too many times..a winning stock goes negative on me and I sit with the paper in my hands....
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #86
Good stuff, guys.  Well done.
 
Greens-
 
Let's face it, we need to replace our need for foreign oil.  Mock the greenies all you want, but renewable energy is our only way out.
 
Koaj-
 
Yep, public all over Cincy again.  Am buying CSCO long-haul here on the cheap after the sell-off the next 2 days.  Let's face it, broad market is going to get slaughtered today and Friday.  Friday's close could be a good entry point to get in before a BAILOUT PACKAGE announcement.
 
WSC-
 
FSLR made me want to throw up when I saw it at 204 AHs.  Really am sick about it.  Selling it at 148 2 weeks ago..........now 204.  This is the sheet that makes you want to dig a hole, get in it and die.  I don't have the balls to short it right here cause I am terrified of the manipulators and the kind of power they have.  I can just watch "FSLR" as a "fan" and pray it gets taken down the next couple of days.
 
Everyone-
 
Use the next 2 days' cataclysmic sell-off to get long these 2 names for the long-haul:
 
GTLS
CSCO
 
Enjoy the sell-off the next 2 days......this is going to get ugly, ugly, ugly. But when peeps start jumping out of windows, buy, buy, buy.
 
Cheers
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #87
One more......how could I forget.
 
MSFT.....use the sell-off to get on this one for the long-haul.
 
These sell-offs are exactly why you always have to have cash ready to be deployed.  Otherwise, you see these names come in, and you do the "shoud've, would've, could've" thing.  I did that in the past way too much.....thank God that was the past.
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #88

 First, realizing a we need to wean off imported oil in 2007 is only 30 years too late.

 Second, renewable energy sources cannot now, nor will they in many, manyyears replace petroleum. We do not have many many years to replace petroleum, as the perfect strom of rapidly rising demand and declining output is taking place right now.

 However, we happen to possess massive coal reserves:just do not try to get permission to burn them. (even cleaner coal power plants are opposed).

 Lastly, not all of this is energy related as we know.The fact is that the FED finds itself in a real bind, where the old tool of lowering interest rates really ends up hurting the US economy, not helping it.The continual debasement of the USD (as WSC has pointed out) due to decades of flawed fiscal policy has gotten us here.
 
 

 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #89

 PS KOAJ, thanks for that blog link, I think I will stop having so much fun...sheesh...what a way to start my day LOL., a real upper!!!

 
Covers Linesmen
Participation Meter
Joined: Oct, 2005
Posts: 66698
Posted: #90
np vermeer - i guess when MS reported they have 3b in writedowns and the mkt buys the news i kind of chuckle and wait for Bear, Lehman, and goldman to confess their skeletons and wonder why merrill, citi, and morgan were first to report
 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #91
so which one of you now billionaires bought the FSLR 200 calls yesterday for 1.75?  13 bagger this morning.  sweet!  1 contract makes you 2,145 bucks!
 
Covers Linesmen
Participation Meter
Joined: Oct, 2005
Posts: 66698
Posted: #92
bernanke speaking now

WASHINGTON (MarketWatch) - The U.S. economy not only faces the risks of a sharp slowdown from the housing market contraction, but also of a surge of inflation from sharply higher crude oil prices and the weaker dollar, Federal Reserve chairman Ben Bernanke said Thursday. Overall in prepared testimony to the Joint Economic Committee of Congress, Bernanke painted a picture of an economy in a perilous position, even though it has shown remarkable resilience so far this year, with third quarter gross domestic product rising at a solid 3.9% annual pace. Bernanke said that he and his colleagues at the FOMC expect the economy to slow "noticeably" from the Q3 growth rate and remain sluggish in the first half of 2008. And there were "downside" risks to this subdued forecast, Bernanke said But Bernanke also suggested that the hawkish members of the Fed might have a point. While the FOMC believes that overall and core inflation to be "in a range consistent with price stability" in 2008, there are "important upside risks" to the forecast.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57195
Posted: #93
Gunners,

Not me..

I did cash in on some SPWR calls..but nothing like my sob story on th FSLR 150s I had.

So here it goes..

Buy 6 contracts at 12.70,

Sell stop 6 contracts at 9

Contracts now trading at 76 per contract..and I kid you not.

Those 6 contracts are worth 68k today.



Add that my SPWR options are much higher than where I sold today..

Not giving a position time to breathe can really cost you...or me.


 
Veteran
Participation Meter
Joined: Feb, 2006
Posts: 3392
Posted: #94
yeah... those FSLR 200s are almost an 18 bagger now.  unbelievable run! 
 
you get very close a lot WSC.  you're going to hit one soon
 
Legend
Participation Meter
Joined: Feb, 2002
Posts: 67006
Posted: #95
Strange to see the Dow down, Nasdaq down 1% but S&P up a little.  The market is definitely dealing with some challenges.
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #96

 Ack  jeez Wall...rough break on that trade...lesson learned

 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57195
Posted: #97
Depeche,

That is true..it is definately a day of have and have-nots.

Gunners, it happens too often..it is the trader in me where I dont ever let a trade run like it should, and my stops are too tight.

That FSLR trade was from my acct..I did own those..stopped at 9 and they are worth 78 per now.

The 210s are a 30 bagger today btw....
 
Legend
Participation Meter
Joined: Feb, 2002
Posts: 67006
Posted: #98
I don't know if anyone follows it at all, but Ballard Power sold off its automotive fuel cell unit to Daimler and Ford.  Actually it's a new company to be formed where Daimler controls 50.1%, Ford 30% and Ballard retains around 20%.  Ballard will retire about 30% of its own shares that were held by Daimler and Ford.  Looks to be a really good move by Ballard as this was going to be a cash drain for many more years.  Reduces outstanding shares, eliminate the R&D burn, move up FC timeline with a more focused auto effort, retain future IP benefits for other apps, a share in the new company.  Very smart move.  The drain on this stock is going to be removed and they could do really well going forward IMO.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 57195
Posted: #99
Depeche,

Isnt that the GUTS of the business?

What is left if the auto fuel cell biz is gone? I ask because when I think of Ballard I think fuel cell...
 
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #100
What are the odds we see a 1,000 point drop day before Thanksgiving?
All Forums | Investments
About Us
Contact Us
Careers
Our Team
Brand
Testimonials
Betting Guides
Sportsbook Reviews
Sports Betting News
Podcasts
Responsible Gaming
Sports Betting
US Betting Sites
Canada Betting Sites
Canada Casinos
Best Betting Apps
Contests
Streak Survivor
King of Covers
Ultimate Race
Office Pools
The Covers community has
618,670
lifetime members worldwide
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Site Map Help Privacy Terms of Service youtube logo facebook logo twitter logo instagram logo linkedin logo google news logo
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo
Copyright © 1995 - 2025 CS Media Limited All Rights Reserved.

If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.