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NICK - has
good consistent growth, about 5 mil shares, makes money, PE of 5 or 6, not a trading stock, but a good investment stock. They are just off of a conference in atlanta in which over 200 investors received "investor pkg's", I would expect some movement within the next 90 days. I do have a position in this company. IMO 6-12 mo. outlook 7.00 to 10.00 (everyone searching the rubble for companies with earnings and value, sooner or later they will find this one). Stocko
http://biz.yahoo.com/e/020213/nick.html
http://www.nicfn.com/
from aug. 6, 2001
http://www.nicfn.com/EpochRep.PDF
standard and poors, aug. 2001
http://www.nicfn.com/S&PStkRp.pdf
2 Good Trading Tips I use for more $$$ puddinlegs1132
2/12/02 10:46 pm
$$$ 2 Short Term Trading Tactics:
Post-opening buying:
Let's say a stock rises 5 percent or more during the opening and there's no
news about it. Typically, the stock will fall off after 30 minutes of
trading. Why? Market makers may be trying to open the stock at an
artificially high price to sell off excess inventory they've acquired the day
before. However, if the stock doesn't fall after 30 minutes of trading, it's
liable to continue rising for the rest of the day. Tactic: Buy at 1/16 above
the day's high after the opening. Set a stop at 1/16 below the day's low.
Post-opening selling:
The opposite of the above strategy. When a stock opens lower on no news, it
could be that sell orders from nervous investors have piled up since the
close of trading the day' before. Sometimes market makers open the stock
artificially low, to draw in more panic sellers. This allows them to
accumulate shares, because market makers as a rule buy on price declines and
sell on price increases. After 30 minutes, the stock usually recovers in
price and normal trading begins. The market makers profit by selling the
inventory they've accumulated at the lower price. However, if the stock
continues to drift lower after 30 minutes, chances are it'll decline more
during the course of the day. Tactic: Sell short at 1/16 below the low of the
day; set a stop at 1/16 above the day's high.
Caradoc - Q - RE; DNAP
I know BB stocks are for trading,...not meant to hold, but after trading dnap some, and reading up on it, I decided to just hold some long term. What is your take on company,...and its potential?
Stocko
Agree completely and am not in either QBID or TXMC. Wouldn't consider QBID as a longterm hold. Just cynical assessment that there's probability of several-fold increase (but not back to 3 cents) from current level as those involved once again begin to suspect that their dream may come true. I just don't have the heart to be in it planning to sell for a triple or whatever into their last or next to last faint rally. For an even more cynical play, you can always check to see whether pinkie Medinah Mining is back to its usual lows. That one -- sadly -- is always good for one more "pop" so there's money to be made there too but I'll pass.
Caradoc
super cheapie QBID (miniscule fraction of a cent) if looking for something quick and >50% probability of decent return within days (TXMC) or weeks (QBID).
I would very careful with QBID - risk is high! They are diluted out and their TV deals are looking questionable. The CEO is lying to many of his promoters.
I would advise caution. But good luck, I could be wrong.
Joemoney
Recession Isn't Quite Dead Yet
The official economic caller, the National Bureau of Economic Research, said many key gauges still show recession. It will date the recession's end later, perhaps months after it ends. The group deleted a sentence from an earlier statement that there's no indication of a bottom yet. The NBER may suspect the bottom is near.
Source: IBD's Top 10
Regarding NT
I am now taking my recommendation OFF of NT. Because of the recent news and fears dim earnings outlook, I do not believe NT is such a strong buy. It is still tempting to consider buying at this price, but I would be very careful.
Stocks Sag; Nortel Reignites Jitters
http://biz.yahoo.com/rb/020212/business_markets_stocks_dc_12.html
Quote: http://finance.yahoo.com/q?s=nt&d=t
Joemoney
Joemoney: Will probably buy ORCH and maybe DNAP if there's an interim low in August or September.
Would play cheapie TXMC (less than 2 cents) and super cheapie QBID (miniscule fraction of a cent) if looking for something quick and >50% probability of decent return within days (TXMC) or weeks (QBID).
You're right about Nortel. Most important for nearterm, it bounced nicely off low caused by unpleasant revelations. Fair probability of taking profit Wednesday at 7.25 or so, but 6-month chart shows double resistance at/near 8.50 bracketing the interim high of 9.
Evenso, a 10 or 12% return doesn't do much for me because I've been spoiled by the volatility of OTC:BB stocks (yes, 99.99% of which are absolute garbage.) I recently missed PWTC's low of .27 by 2 cents, but my .29 shares are looking prett y good. In theory, a penny stock that looks like better than a 10% chance of being a ten bagger is a good bet. For what it's worth, my assessment of PWTC's patents and low overhead business model says lot bigger than 10% probability of being a lot better than a 10 bagger. Or a 20-bagger for that matter.
Good fortune to you!
Caradoc
U.S. stocks rally on hopes for economic rebound
By Denise Duclaux
NEW YORK (Reuters) - Stocks rallied for the second straight session on Monday, boosted by companies like chemical maker DuPont Co. (NYSE:DD - news), as expectations for an economic rebound overshadowed fears of shady accounting practices.
``The market has finally begun to look beyond the Enron cloud and respond to what we believe are very positive fundamentals,'' said Milton Ezrati, a senior economic strategist at Lord Abbett & Co., which manages $42 billion in assets.
Cyclical shares like DuPont climbed as investors positioned themselves for an anticipated recovery in the U.S. economy this year. Wireless technology company Qualcomm Inc. (NasdaqNM:QCOM - news) and conglomerate Tyco International Ltd. (NYSE:TYC - news) bounced back after being pounded by accounting concerns.
Stocks gathered momentum throughout the session. The blue-chip Dow Jones industrial average (.DJI) racked up a 140.54-point gain, up 1.44 percent at 9,884.78. The technology-packed Nasdaq Composite Index (.IXIC) climbed 27.78 points, or 1.53 percent, at 1,846.66. The broad Standard & Poor's 500 Index (.SPX) rose 15.72 points, or 1.43 percent, to 1,111.94.
Stocks snapped a five-session losing streak on Friday -- putting an end to the longest string of losses in the market since last September in the wake of the attacks on the United States. Investors are still on edge after the blockbuster bankruptcy of energy trader Enron Corp. , but panic over the prospect of another accounting scandal has subsided.
``A lot of this is a nice bounce back, because we were down for so many days last week and that selling is played out,'' said Edgar Peters, chief investment officer at PanAgora Asset Management Inc., which manages $15 billion. ``This will be a tough year though. We will see a lot of sideways volatility. The real rally won't start until we see real earnings growth.''
Winners trounced losers by a ratio of 2 to 1 on the New York Stock Exchange and 4 to 3 on Nasdaq. More than 1.1 billion shares changed hands on the Big Board and more than 1.5 billion on Nasdaq.
Oil stocks added more fuel to the market after oil prices rocketed to a one-month high. Fears surfaced that a U.S. government decision to buy more than 18 million barrels of crude for its stockpiles would create a supply shortage in March.
Exxon Mobil Corp. (NYSE:XOM - news), the world's largest publicly traded energy company, rose 21 cents to $38.50. Offshore oil and gas driller Noble Drilling Corp. (NYSE:NE - news) tacked on $1.09 gain to $31.78. The Philadelphia Stock Exchange oil service index (.OSX) rallied 3.81 percent.
DuPont climbed $1.84 to $44.56, boosting the blue-chip Dow. The largest U.S. chemical company said it could spin off its $6.5 billion textiles and interiors businesses as part of a broad restructuring.
Forest products company International Paper Co. (NYSE:IP - news) rose $1.82 to $43.81, and aluminum heavyweight Alcoa Inc. (NYSE:AA - news) rose $1.31 to $35.73. Diversified manufacturer Minnesota Mining & Manufacturing Co. (NYSE:MMM - news), up $2.80 at $114.01, and construction equipment maker Caterpillar Inc. (NYSE:CAT - news), up $1.28 at $49.78, also boosted the Dow.
A number of companies battled investors' suspicions about the honesty of Corporate America's accounting practices. Qualcomm rose $3.82 to $41.28 after defending its books on Friday following a research firm's report that raised concerns about the wireless technology firm's accounting.
Tyco rose $1.92 to $31.80 and was the most active share on the New York Stock Exchange. The conglomerate bounced back from a beating taken as investors questioned its accounting.
``People are getting more comfortable with the whole accounting issue ... Companies are coming out pretty quickly when they are attacked,'' said Owen Fitzpatrick, head of the U.S. Equity Group at Deutsche Bank Private Banking.
``It's less of an issue,'' Fitzpatrick said, but he cautioned: ``I wouldn't say it's going to go away any time soon.''
Web gear giant Cisco Systems Inc. (NasdaqNM:CSCO - news) and optical networking company Ciena Corp. (NasdaqNM:CIEN - news) rallied after signing contracts worth millions of dollars to supply equipment for long-distance telephone carrier AT&T Corp.'s (NYSE:T - news) optical network. Ciena rose $1.01 to $10.47. Cisco added 93 cents to $17.69, ranking as the most active on Nasdaq.
Telephone and data services company Qwest Communications International Inc. (NYSE:Q - news) fell 24 cents to $9.36. Qwest said it received a subpoena for documents pertaining to bankrupt telecommunications company Global Crossing Ltd. from the U.S. Securities and Exchange Commission.
WorldCom (NasdaqNM:WCOM - news) fell 38 cents to $7.80. Standard & Poor's cut WorldCom's rating outlook to ``negative'' from ''stable'', saying the No. 2 U.S. long-distance phone company may have difficulty reducing debt as its revenues and earnings fall.
Semiconductor stocks buoyed the Nasdaq. Credit Suisse First Boston raised its rating on Micrel Inc. (NasdaqNM:MCRL - news), which rose $1.95 to $21.74, and National Semiconductor Corp. (NYSE:NSM - news), which gained 87 cents to $27.15, on expectations the sector has reached bottom. The Philadelphia Stock Exchange's semiconductor index (.SOXX) rose 3.80 percent.
Gold-related shares, among the worst performers in the S&P 500, took a hit after Prudential Securities slashed its rating on Newmont Mining Corp. (NYSE:NEM - news) to ``sell'' from ``hold'' and cut its price target on the stock to $10 from $21. Newmont slumped $1.50 to $23.50.
http://biz.yahoo.com/rb/020211/business_markets_stocks_dc_10.html
Welcome Caradoc!
Are you using the chairmail function?
We will be in the future. As the club grows, and more interest builds, the Chairmail feature will come in handy.
As self-introduction, I've been saying since March of 2001 not to expect the market to improve until October of 2002
You may be right. Hopefully earnings will improve and the market will return to bullish land sooner than expected. I'm sick of this bearish non sense, lol.
but it's starting to look like my PWTC dreams may come true.
I've heard of PWTC, but had forgotten all about it. Looks like they are really breaking into Asia.
For newbies:
Power Technology Begins Discussions With Major Middle East Gas Producer
http://biz.yahoo.com/iw/020211/037920.html
Power Technology To Establish Pipelink Technology In China
http://biz.yahoo.com/iw/020130/037400.html
Are you following any other stocks? I'm watching closely NPCT and have my eye on a few others. As far as big caps go, NT looks good at this price.
Joemoney
Hello! Just found link on Arch's board, skimmed posts here, and added a boardmark. Are you using the chairmail function?
As self-introduction, I've been saying since March of 2001 not to expect the market to improve until October of 2002
http://www.investorshub.com/boards/read_msg.asp?message_id=67086
and that in the meanwhile there may be a few cheapie stocks will be worthwhile. Turns out I was dead wrong about CDDD (ouch!) but it's starting to look like my PWTC dreams may come true.
Regards to all,
Caradoc
LOL..went about 10 years,,,making money every year,,,,paid all expenses,,,etc etc,,and stuck a couple grand in my pocket,,,but then,,ha ha,,,then sort of went downhill,,,with lesser quality horses,,,and I really haven't made money the last 4 or 5 years.....but,,,it's really enjoyable. Love the trip.
RE: Handicapping horses,,,well, a few years ago, I almost went into business writing a tout sheet for Oaklawn,,and some other tracks,,,but ahhh decided against it. but would have been fun. I am better at handicapping horses than I am at stocks,,,,but tend to like the challenge,,lol...
If its fun, I'm interested,,,once it becomes a "JOB",,,I'm outta there,,LOL.
So do you make money on the ponies? I guess not because you still keep trading stocks! <GRIN>
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have
Thanks Joe- First of all, I would like to say,,,,I know ZIP-NADA-ZILCH about T/A ,LOL
but on CCUR, could you give me the "support line' in a "number"?
to me, On a 1 yr chart is looks like about 12.50, and on a 5 yr chart it looks like about 7.50,,,,am I confusing "price support" with your "upward trending support",..? (don't laugh at me,,I said I knew nothing about TA,,)
CCUR is one I like to buy and hold, but as stated, have been trading, ( to pay for trips to Harrahs, crappie fishing, and upcoming horse racing season in Hot Springs Ark. LOL).
Stocko
I got in on NT @ 5.60 and sold mostly around 8. Nice little gain for a 3 month trade. It was my save haven last fall. I'm buying more soon.
Joemoney
CCUR is not far away from an upward trending support line.
http://finance.yahoo.com/q?s=CCUR&d=c&t=1y&l=on&z=b&q=l
Joemoney
I do own a little NT,,,but please,,,,don't ask what I paid for it,,,,LOL....but if you like that one,,,,
i sold LU at 81,,again,,happy puppy,,,,and just recently bought back some at 6.24,,,,may be risky, but,,,under the right circumstances,,it could move quickly,,,we'll see. Not proud enough of it to say...got get em though. Just decided to take a flyer on some.
Don't be victimized by hypers, but OTCBBS can be rewarding.
Joemoney
not much on BB's,,,but,,,hmmm..vulnerable !
In Fact, i would reccomend trading CCUR, for those so inclined. Look at daily charts on it.
OH,,penny stocks,,,? I do own some WWWN and DNAP. (thats all I can say about them LOL) Also wgmgy-but thats not a popular topic, LOL.
Also will mention, several years ago,,,I bought CCUR at 2 1/4,,,sold it at 17, cleared about 15K,,,I was a happy puppy. In the latest crash, it got under 5 but I was afraid to get back in. NOw,....I have been trading it some. example: bgt, 1/29 at 13.17, sold 1/31 at 14.14, last bgt 2/4 at 12.25, it jumped to 13.53, but I missed it,,,but will probably sell tomorrow,,,,anything over 13.25,, (my problem is that I am not around much to watch the puter of late).
It seems to have that 12 to 15 dollar range,....and I can get in and out easily,..and it fluctuates quite well.
Stocko
Interesting stat I found.
Overall Number of Securities
Securities Quoted Exclusively on Pink Sheets 3972
Securities Quoted Exclusively on OTC Bulletin Board 1896
Yellow Sheets Bonds 2386
Securities Dually Quoted on Pink Sheets and OTC BB 1892
http://www.pinksheets.com/ bottom of page.
Joemoney
NT, one of my previous recommendations is looking like a buy again.
http://finance.yahoo.com/q?s=NT&d=c&k=c4&t=5d
Analysts upgraded it and it was up 9% today. Bottomed out last week.
Joemoney
stocko4949
Are you into OTCBBs much? I've been watching NPCT for years and they are now starting to get near signing contracts. They are starting production of their technology and their future is looking bright.
http://ragingbull.lycos.com/mboard/boards.cgi?board=NPCT&read=67529
Are you visited willywizard's club? He speaks of this stock a lot.
Joemoney
Well - I suppose I'm supposed to remember who Joe is from some prior life?? LOL - to many migrains has screwed up that part of my brain matter.
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have
WEll,,,,shucks,,,,,Husker,..(as he bats an eye, blushing,...with tilted head),
(Joe-,,he is just trying to butter me up...thinking he might get a valentine from me,,HAH).
Glad to be here!
Thanks Joe,,,,
I orginally bought only a 50 shares,,,,at a high price,,LOL...was around 60, but have added 400 under 9...without digging it out,,,a 100 about 8.75 , then 300 at 7.90,,,and there is another 50,,somewhere.,but don't remember,,,,I have 3 accounts,,,and it tends to get to be a mess...LOL.. (this is one of those,,,"averaging" situations,,,LOL). A mention, I did own some GLW, and fortunately, sold it high, so I kindof figure I am about even- steven on JDSU.
All in all, I haven't been trading much of late, as I suspect many others in the same boat. But I have the feeling that will be changing in the near future. I have laid low just holding my stalwarts, such as GE, WMT, PFE, etc,,,,and hanging on with CSCO, QCOM, SUNW, etc. have recently added a little EMC, and I like FNSR, for some reason?? (got a couple 100)
For something solid, I really like NICK, even though it doesn't trade much, (a secondary lending co.), not much float, etc etc, but it makes money,.... consistently, has a very low PE, is a well run company, and sooner or later, as people begin to look for value,...I think it can make a move.
They just attended (feb 3rd i think) a symposium thing-a-ma-jig ,,,LOL,,,in Atlanta,,,,with over 400 investors, and handed out over 200 investor packages,...I will know more about this later,...but things are looking good to me-presently holding 7,000 shares. (confession, I sold quite a bit off around Sept. as it took a good run up on 2 for 1 splite neww, but am trying to buy back,,,under 4).
Now I'm getting carried away,....as I usually do,....If your giving out opinions,,,,,I would be mostly interested in what you think about FNSR and NICK,,
Thanks, Stocko
Stock Market Set to Rise; Outlook for the OTCBB
http://www.otcbbnn.com/active/rise0211.htm
NanoPierce Technologies Inc. Founds Smart Inlay Production Company ``ExypnoTech GmbH'' in Germany
DENVER--(BUSINESS WIRE)--Feb. 11, 2002--NanoPierce Technologies, Inc. (OTCBB:NPCT - news) today announced the foundation of a new wholly owned subsidiary ``ExypnoTech GmbH'' for smart inlay production.
The ExypnoTech subsidiary will be led by the experienced management team of NanoPierce Card Technologies GmbH (in addition to their current responsibilities). Dr. Michael E. Wernle has been appointed President and Chief Executive Officer; Mr. Bernhard Maier, Chief Operating Officer; Mr. Michael Kober, Chief Technology Officer; and Mr. Richard Lancaster, Chief Financial Officer. Mr. Bernhard Maier will devote full-time executive responsibility to ensuring the timely commissioning of the ExypnoTech production facilities.
ExypnoTech will become the first company in the world using the benefits of the newly developed WaferPierce(TM) flip-chip process developed by another subsidiary of NanoPierce, NanoPierce Connection Systems Inc. (Press Release dated January 15, 2002, ``NanoPierce Technologies To Commence WaferPierce Production''), Colorado Springs, Colorado, for high-volume production of low-cost RFID smart inlays and tags. Following a ramp-up phase for equipment and personnel, high-volume production is expected to start in the second half of this year (Press Release dated January 14, 2002, ``Smart Inlay Production At NanoPierce Card Technologies, GmbH To Be Spearheaded By Bernhard Maier, New Director Of Operations'').
Rudolstadt, in the German region of Thuringia, will be the site of the new production facilities of ExypnoTech, approximately 300 km north of the NanoPierce Card Technologies GmbH offices in Hohenbrunn near Munich in Bavaria, Germany. The impressive location, ``Innovations- und Gruenderzentrum (IGZ) Rudolstadt'' (www.igz-rudolstadt.de), has been carefully selected because of its resources to support the development of young technology companies and because of the abundant availability of skilled technology personnel. The region is well known for high-technology initiatives and production, which, among many others, includes companies such as Fujitsu/Siemens, IBM and Carl Zeiss Jena.
Dr. Michael E. Wernle, President and CEO of NanoPierce Card Technologies, said: ``Everyone at NanoPierce has been working hard to make this big and important step for the Company. I am more than ever convinced that ExypnoTech will very soon become one of the key players in the rapidly growing RFID market because of our highly cost-effective production capabilities with WaferPierce(TM) and by partnering with leading companies in this industry.''
Paul H. Metzinger, President and CEO of NanoPierce Technologies, Inc., commented: ``The NanoPierce Team has achieved a significant goal. Through our ExypnoTech subsidiary we can now offer flexible, cost-effective production and technical capability to serve the explosive market for smart inlays for RFID systems. Effectively, we are 'Open For Business' today. We are on target to begin deliveries in the second half of this calendar year. As I mentioned in our Press Release dated January 14, 2002, 'According to a 1999 Venture Development Corp. Study, 'Global Markets and Applications for Radio Frequency Identification Equipment and Systems,' the market for RFID systems will be about $1.6B in 2002 and its expected to grow 25% annually for the next five years. They predict that end-to-end tracking of materials used in the complete supply chain in all manufacturing industries may be the next killer application for RFID tags.' I see a strong opportunity in a market measured, in the near future, in annual units of billions. This market is characterized, in many applications, by one-time usage, disposable devices. Bottom line, this eventually translates into growing revenues and recurring income.'' Mr. Metzinger further noted, ``Our capital investment is relatively small compared to our projected return on investment.''
About NanoPierce Technologies, Inc.
NanoPierce Technologies, Inc. of Denver, Colorado, USA, is traded on the NASDAQ stock market (OTCBB:NPCT - news) as well as on the Frankfurt and Hamburg (OTC:NPI - news). In addition to the 12 patents it owns, NanoPierce has numerous applications pending, others in preparation, and various other intellectual properties related to NanoPierce's proprietary NCS (NanoPierce Connection System). This advanced system is designed to provide significant improvement over conventional electrical and mechanical interconnection methods for high-density circuit boards, components, sockets, connectors, semiconductor packaging and electronic systems.
About NanoPierce Connection Systems, Inc.
NanoPierce Connection Systems, Inc. is a 100% subsidiary of NanoPierce Technologies, Inc., located in Colorado Springs, Colorado. NanoPierce Connections Systems, Inc. has been chartered to undertake high-volume production WaferPierce(TM), a revolutionary and enabling semiconductor wafer treatment for ultra-low cost flip-chip without the necessity of wire bonding, conductive adhesives, or soldering. Typical end-use applications of WaferPierce(TM) include Smart Labels, Smart Cards, and LED arrays. The new subsidiary has taken over all operations and business activities conducted in the Colorado Springs facility. In addition to WaferPierce(TM) production, NanoPierce Connection Systems will be responsible for licensing and new applications of other NanoPierce technologies to add value to electronic components.
For more information on NanoPierce Technologies, Inc., please visit the web site at http://www.nanopierce.com.
This announcement contains forward-looking statements about NanoPierce Technologies, Inc. and its subsidiaries that may involve risks and uncertainties. Important factors relating to the Company's operations could cause actual results to differ materially from those in forward-looking statements and are further detailed in filings with the Securities and Exchange Commission (SEC) available at the SEC's website (http://www.sec.gov). All forward-looking statements are based on information available to NanoPierce Technologies, Inc., on the date hereof, and NanoPierce Technologies, Inc. assumes no obligation to update such statements.
--------------------------------------------------------------------------------
Contact:
NanoPierce Technologies, Inc.
Paul H. Metzinger, 303/592-1010
303/592-1054 (fax)
paul@nanopierce.com
or
NanoPierce Connection Systems, Inc.
Dr. Herbert Neuhaus, 719/638-5930
719/638-5933 (fax)
herb@nanopierce.com
or
NanoPierce Card Technologies GmbH
Dr. Michael E. Wernle, + 49-8102-8961-0
+ 49-8102-8961-11 (fax)
michael@nanopierce.com
or
ExypnoTech GmbH i.G.
Bernhard Maier, + 49-8102-896140
+ 49-8102-896141 (fax)
or
Investor Relations -- Stock Enterprises
James Stock, 702/614-0003
http://biz.yahoo.com/bw/020211/112100_1.html
RB and a starnet site that was on Y
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have
A sense of humor is often needed on iHub, lol.
His alias is familiar. At what site do you know him from?
Joemoney
Joe
If you hadn't noticed, I
know Stockoo - he's a top notch guy, can be a real asset, plus he's got a real sense of humor!
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have
Welcome stocko!
I would bookmark iHub in your browser, it is a very good site. A lot of people are coming over here and leaving the Yahoo CLubs/Groups mess, and RBs new crappy design.
(curious if I can post here)
Ofcourse you can post here! You actually allowed to post anywhere unless the thread has certain rules. The only rule here is that everyone is invited.
BTW, at prices did you pick up JDSU at? If you don't mind me asking..
Joemoney
I found this on the RB thread:
http://ragingbull.lycos.com/mboard/boards.cgi?board=DIGX&read=1067
I couldn't find much on DIGX, I really haven't been following it.
But who doesn't follow JDSU???
I'm looking at JDSU's chart right now, and it's very hard to say where it's going because the TA charts tell me that it's not a good buy, but looking at the company - how could it not be? Perhaps I'm just caught up in the name, but still think they should be trading at higher prices than this. But seeing Enron failing, I would be careful too.
Joemoney
Hey Stockoo
I forgot what you told me in the email, I'll be back in a little bit, gotta run out and grab a burger
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have
Let's see if we can help Joe get this board turned around with the market turn around that's going to be taking place???
Right!
Thanks
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have
ps = glad to see you here, stick around this place - it's a mighty fine - investors hub!!
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have
yes stockoo it's the only and only me - pooppa!!
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have
Hi, is this cornhusker? Orginally joined this club,,,,lost it, have been following links to get. LOL, not even sure what my name is ! Husker, if i get lost, might send me something for this link.
RE: JDSU-I have it in my portfolio, and will keep it. I like it (medium risk) at these prices, but have forgotten why, LOL.
Stocko/Larry/
(curious if I can post here)
Joe, do you have any info on DIGX? What's your take on JDSU?
DISCLAIMER - Nothing in the contents transmitted on this board should be construed as an investment advisory, nor should it be used to make investment decisions. There is no express or implied solicitation to buy or sell securities. The author(s) may have
I lost a fair amount on stocks, but it wasn't the OTCs. I lost more on the big caps and mutual funds than anything else.
I've been trading OTC stocks for about 7 years, so I know how to play too :)
I actually stopped trading because I ran out of time to research things. Which I really enjoy doing. In high school, I daytraded during computer class. You could read some of my old SI posts and see that. Instead of summer reading, I immersed myself in SEC filings. Ahhhhh....youth.
MB
Did you stop trading because you lost your behind in OTCBBs?
Most people who experiment with them lose it all. I know I've lost quite a bit at times, and I'M KNOW WHAT I'M DOING, LOL!
Joemoney
Online Brokerage:
OTCBB: 30%
Nasdaq & Listed: 70%
Traditional Brokerage:
Nasdaq & Listed: 100%
Nice.
I can't remember when I was trading, but it seems like I was like 75% OTC, 25% Listed. And 100% OTC in another. And offline, I was into mutual funds.
I'm pretty much on the sidelines right now. Don't have time to manage it and don't want a conflict of interest.
MB
I have two accounts.
One with an online brokerage, and one with a traditional brokerage. These are just estimates:
Online Brokerage:
OTCBB: 30%
Nasdaq & Listed: 70%
Traditional Brokerage:
Nasdaq & Listed: 100%
The traditional brokerage contains about 80% of the total amount of both of them. So if I have a $100 total, then the online broker contains $20, and the Traditional brokerage contains $80. I have never owned mutual funds before and I never will. A trained monkey can invest better than the managers can.
Not money-wise.
Don't listen to what excel said: http://www.investorshub.com/boards/read_msg.asp?message_id=248182
I had no intentions on giving the stats in dollars. There would be no reason for it.
Joemoney
Market Watch - http://www.investorshub.com/boards/board.asp?board_id=768
Intelligent conversation regarding anything related to the markets.
What is your current portfolio structure?
Not money-wise.
I'm talking about % OTC, % Mututal Fund, % Big cap, etc?
MB
This Week's Market Outlook
by Joemoney
Expect a short recovery this week and then perhaps a pullback. The market is still stuck is a hill shaped pattern and needs to bottom out before safely moving back up.
I would look for the Nasdaq to move to 1950 by Wednesday and then back off to 1900 or so. But remember, the Nasdaq has the potential of falling to 1500 or so. Watch where you step.
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Survey: Experts More Optimistic
WASHINGTON (Reuters) - Forecasters are growing more confident that the U.S. economy is on a path to recovery from the recession that began last March, according to a survey released on Sunday.
The February survey by the newsletter Blue Chip Economic Indicators showed more than 95 percent of economists expected the recession would be over by the end of March.
That was an improvement on a January poll which showed 90 percent of economists saw the recession ending in March.
In the latest survey, 42 percent of those polled thought the recession had already ended.
Forecasts for gross domestic product growth in this year's first and second quarters were also revised upward.
First-quarter GDP was seen expanding by 1.6 percent in the February survey, up from January's projection of a 0.7 percent gain. The Blue Chip consensus looked for a GDP increase of 2.9 percent in the second quarter -- better than a January prediction of 2.6 percent.
Blue Chip surveyed economists on their expectations for short-term interest rates in the coming year and the result indicated that most experts believe the Federal Reserve will be raising rates by the end of the year.
The group forecast that overnight interest rates would hit 2.55 percent by the end of this year -- well above the current rate of 1.75 percent.
In a separate question, the economists were asked who they thought would eventually replace Alan Greenspan as chairman of the Federal Reserve. The top pick was John Taylor, a monetary economist who is currently undersecretary for international affairs at the U.S. Treasury. More than 40 percent of economists named him as Greenspan's most likely successor.
Runners-up included New York Fed President William McDonough, former U.S. Treasury Secretary Robert Rubin and Bush's economic adviser, Lawrence Lindsey.
Greenspan, who took the helm of the Fed in 1987, is currently serving a fourth, four-year term that ends in June 2004.
http://biz.yahoo.com/rb/020210/business_economy_bluechip_dc_1.html
Look for the Nasdaq to close around 1850 this week
http://www.investorshub.com/boards/read_msg.asp?message_id=264033
Good Job Joe.
Stocks Sink to 3-Month Low
By Chelsea Emery
NEW YORK (Reuters) - Stocks crumbled on Monday, sending the broad market to a three-month low, as investors caught a fresh bout of ``Enronitis' -- a confidence-sapping malaise that has Wall Street questioning the honesty of corporate financial statements.
``These accounting worries go right to the underpinnings of trust and confidence. If trust isn't there, you're tugging at the loose thread of a cheap polyester suit,' said Douglas Altabef, a fund manager for Matrix Asset Advisors, which oversees $800 million. ``People are worried about what other shoes are getting ready to drop.'
Tyco International Ltd. (NYSE:TYC - news), the Big Board's most active stock, sank after the conglomerate said it spent around $8 billion on more than 700 acquisitions that were never publicly announced. Tyco's stock this year has been hammered by worries it didn't account properly for its acquisitions, and other companies with complicated financial structures -- like General Electric Co. (NYSE:GE - news) -- have been caught in the maelstrom.
Wall Street is grappling with a crisis of confidence after accounting problems at energy trading giant Enron Corp.(NYSE:ENE - news) led to its record collapse and sent investors back to corporate books in search of other possible problems.
``You can't believe financial statements,' said Mace Blicksilver, a money manager at Marblehead Asset Management. 'It's not like just a bad quarter or an earnings miss -- you're re-evaluating the entire price-to-earnings ratio of the market place.'
The broader Standard & Poor's 500 Index (.SPX) lost 27.76 points, or 2.47 percent, to 1,094.44 -- its lowest close since Nov. 2. The Nasdaq Composite Index (.IXIC) fell 55.71 points, or 2.91 percent, to 1,855.53. That was the technology-laced index's lowest finish since Nov. 12.
The blue-chip Dow Jones industrial average (.DJI) tumbled 220.17 points, or 2.22 percent, to 9,687.09 -- its lowest close since Jan. 29.
Monday's declines wiped out $300 billion in market value, as measured by a 2.34 percent drop in the broad Wilshire 5000 index.
Only two stocks of the 30 in the Dow average gained, and almost 22 stocks fell for every nine that rose on the New York Stock Exchange. About 26 stocks dropped for every 9 that gained on the Nasdaq stock market.
Investors dumped shares of drugmaker Elan Corp. (NYSE:ELN - news) and network equipment maker Enterasys Networks Inc. (NYSE:ETS - news) after the companies said revenues would disappoint.
Telecommunications stocks slid on worries a recent rash of bankruptcies will snowball. Shares of gold and retail drug firms climbed as investors sought a safe haven amid widespread jitters about financial irregularities. Gold producer Newmont Mining Corp. (NYSE:NEM - news) rose $1.09 to $23.90, while national drugstore chain Walgreen Co. (NYSE:WAG - news) advanced $1.32 to $36.86.
In the latest chapter in the Enron story, former Enron Chairman and Chief Executive Officer Kenneth Lay abruptly canceled his planned testimony before Congress this week, due to what his attorney called an increasingly ``prosecutorial' climate.
Enron filed for bankruptcy in early December. An inquiry has found the energy trader inflated profits by $1 billion. Enron shares fell 5 cents to 35 cents.
General Electric, a diversified conglomerate whose operations range from financial services to aerospace and appliances, dropped $1.85 to $35 as investors dumped shares of companies with a long history of mergers and acquisitions, and complex accounting methods.
``GE is an excellent company that has been forthright for years about what they do. But it is a very complex company, not a one-product company everyone can understand,' said Brian Pears, head of equity trading at Victory Capital Management.
'It makes sense people might take shots at GE.'
Tyco skidded $6.96 to $29.90. S&P cut several ratings for the firm and its Tyco Capital Corp. finance arm, saying the company appears to have lost the ``free access to capital markets' enjoyed by ``single-A' companies. At the same time, S&P said the conglomerate has answered questions about its accounting practices ``to Standard & Poor's satisfaction.'
Enterasys plunged 61 percent after the network equipment maker said it is under investigation by the Securities and Exchange Commission and warned of disappointing quarterly revenues. Shares sank $6.60 to $4.20.
``It seems like no matter what newspaper you read, no matter what television channel you turn on, it's all we can talk about: 'Who might be hiding what?'' Pears said.
Elan Corp. (NYSE:ELN - news) plunged $15.10 to $14.85 after the Irish drug firm warned revenue growth this year would be lower than expected. The news followed a share decline last week on worries about the firm's accounting practices. The stock was the second-most active NYSE stock after Tyco.
``This is an unmitigated disaster -- we think when investors get through the details, you'll find out shenanigans have accounted for the majority of Elan's earnings,' said David Maris of investment bank Credit Suisse First Boston.
Telecom stocks fell sharply as fears over the industry's health intensified on the heels of a bankruptcy filing by Global Crossing Ltd. . WorldCom Inc. (NasdaqNM:WCOM - news) fell $1.48 to $8.13 and Williams Communications Group Inc. (NYSE:WCG - news) fell 42 cents to $1.
Standard & Poor's late Friday warned it may cut high-speed communications network operator Williams's credit ratings.
Global Crossing is facing an investigation of its accounting methods by the U.S. Securities and Exchange Commission, and WorldCom continues to face pressure amid concerns about its debt ratings.
WorldCom was the most active stock traded on Nasdaq.
Global Crossing, which has declared bankruptcy, last traded at 9.2 cents last week.
Shares of top defense contractors moved higher following the Bush administration's request for the largest increase in military spending in 21 years, although such issues had rallied recently in anticipation of the news.
Lockheed Martin Corp. (NYSE:LMT - news) gained 87 cents to $53.30 and Northrop Grumman Corp. (NYSE:NOC - news) added 18 cents to $109.98.
http://biz.yahoo.com/rb/020204/business_markets_stocks_dc_11.html
EarthShell Packaging To be Introduced Into Wal-Mart Stores
Throughout the Northwestern U.S.
http://biz.yahoo.com/bw/020204/42214_1.html
Walmart!?! That could be something.
Economic Calendar
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www.bloomberg.com/markets/economic-calendar/ Bloomberg
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www.treasury.gov/resource-center/data-chart-center/interest-rates/Pages/TextView.aspx
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