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And probably Holy Water...that's your department....he he..z
I'm gonna bring a bottle of Glenlivet if it's OK with the Reverend.....Death Drops need lubrication....z
Thank you Father...I feel blessed.......et z
And the 1 to a bazillion RS...if they round up fractional shares.....guarantees you at least one share, and most of the time there's a FS that follows, which gets you 100 shares or more post split.......z
Ah! So you are volunteering as CHAIRMAN of the FUNERAL HOSPITALITY Committee.
Congratulations!
Bring coffee and donuts to the first meeting.
Then there's the 'whole lotta' 10Q filings deal....et z
Got another one that's reasonably hot: NITE 13G filings....et z
The Death Drop concept has always had followers (why does that word look so weird?)...and has a modicum of success.....z
We will put you down as a member of The Mission Committee.
Spread the word, my son, and you shall be forgiven.
It was a joke son...a joke I say....lol....Will now work on my penance reverend......z
Please! No shouting in The Church!
And no promotion of individual stocks in the pews, please.
Is there some special REPEATABLE theme going on with that stock?
If so, that would be on topic.
Are they selling puppies? Or turning them into something useful? Like training them to fight The Devil?
If a lot of companies are getting into selling puppies, or turning them into something useful, like training puppies to fight The Devil that would be on topic as well.
Nathan Drage is a Member of The Church.
He is the Assistant Chairman of the Legal Sub-Committee of the AntiSocial Committee at The Penny Stock Church of What's Working Now.
Clearly, he has Seen The Tape knows What's Working Now.
#msg-28081145
The Church is currently recruiting a chairman for the Form 15-12G committee! Please remember, the chairman has to bring coffee and donuts and two new members to the first meeting.
Posted by: SSP
In reply to: The Cap'm who wrote msg# 173044 Date:4/16/2008 10:35:17 AM
Post #of 173110
There's one way that can be an ok thing, first though the stock MUST have gotten booted and is pink from being delinquent, or else it doesn't apply, then if a stock after a few years still lies in the pink abyss and the sec doesn't revoke its registration, some Joseph Meuse or M Anthony will come along and file a 15-12g and save it from potential sec revoke, meaning someone is interested in making a merger deal with it down the road.
All posts about non-penny stocks (more than $5 a share) will be deleted.
All church visitors that come here to pump a specific stock, your posts will be deleted.
The Penny Stock Church of What's Working Now is only a gathering place for the various committee chairmen and members to get together and talk about the agenda for their next meeting, and to help the rest of iHub decide what to put in their intraday newsletter.
Currently recruiting a chairman for the Form 15-12G committee!
For the unbelievers!
5 All-Star Stocks on Fire
http://www.fool.com/investing/general/2008/03/04/5-all-star-stocks-on-fire.aspx
Matt Koppenheffer
March 4, 2008
When the clock's ticking down and the game's on the line, which of your teammates do you trust to sink a winning shot? Sure, you could dish the rock to your resident superstar -- but what if he's playing ice-cold at the moment? So instead, you pass to the guy with the hot hand, the one who'll be deemed en fuego tomorrow on ESPN.
Momentum investors are looking for stocks in a similar state of sizzle. But momentum by itself will only get you so far. I prefer to find high-quality stocks that also have some positive inertia on their side. It's like kicking the ball out to your team's superstars when they do have a hot hand.
To find these league-leading winners, I cross-referenced a simple momentum screen with data from The Motley Fool's CAPS investing community. Each of the companies below is up 30% or more over the past year, now trades within 5% of its 52-week high, and has been rated highly by CAPS players.
Stock
12-Month Change
Percent Below 52-Week High
CAPS Rating
Kinross Gold (NYSE: KGC)
111%
0.0%
*****
Agrium (NYSE: AGU)
106%
4.5%
****
Goldcorp (NYSE: GG)
78%
2.5%
****
Occidental Petroleum (NYSE: OXY)
73%
3.2%
*****
Copart (Nasdaq: CPRT)
46%
2.3%
*****
Sources: Yahoo! Finance, CapitalIQ, and CAPS as of March 3.
At first glance this sure looks like a high-quality group. But, as always, I highly advise taking a close look before you throw a bounce pass in the direction of any of these stocks.
The church of what's working now
Ticking down the list of stocks above you can get a pretty good sense for where the recent market action has been. With uncertainty in the economy and stock market running high, investors have turned to what seems like the current sure thing -- high commodity prices. Oil, coal, metals, and grains have all been running up as the dollar depreciates against most of the world's currencies and global demand continues to stretch current supply.
But will the church of what's working today still work tomorrow? Commodity fans seem to be everywhere these days, and I've been hearing gold mentioned a lot lately as an essential part of an investor's portfolio. These investors cite continuation of many of the supply and demand drivers that have led to current high prices in commodities as reason to be bullish today. But there are also investors on the other side of the fence who think this could be a commodity bubble -- all that's gold may not glitter.
On CAPS, we can find a little bit of both sides. Though Kinross is a very well-liked stock -- it has 629 bulls versus just 23 bears on CAPS -- there are those, like CAPS All-Star chuckpin, who have their doubts: "Commodities have been so inflated and with a slowing economy, they will eventually return to normal levels-anticipated by 2009."
There are likewise those that see mostly short-term opportunity. All-Star sslstudios is a Kinross bull, but said, "I believe there is a commodities market ... going up for at [least] a year. So I will ride the wave and jump off when it hits the top."
And of course there are the out-and-out bulls like yippiekiyeh, who has scored 119 points on his Kinross pick (so far!) and noted:
With the world's standard fiat money headed to lowest value in decades, precious metals are worth their weight. Look for this trend to continue for a awhile as the world sorts out which currency is going to be in charge. (Euro? Yuan? Ruble?)
So do you think commodity stocks deserve a place on your All-Star team? You can share your thoughts on it or check out more of what your fellow Fools had to say about it or any of the other stocks above by stopping by CAPS. And while you're there you can take a peek at a few more of the 5,400 other stocks that are rated on CAPS.
I think I heard a boo-yah somewhere out there -- thanks Stuart Scott!
http://www.fool.com/server/printarticle.aspx?file=/investing/general/2008/03/04/5-all-star-stocks-on-fire.aspx
Beware the blasphemers!
Rick Santelli Takes Down Jim Cramer
by: Todd Kenyon posted on: January 25, 2008
This video is too good to pass up, even if it is a bit over-produced. It is based on the amazingly rare event of someone on CNBC calling out Cramer. In this case it was Rick Santelli, probably the most rational and experienced regular commentator on CNBC.
Although it clearly points out what many already know; that Cramer is mostly a trend follower/extrapolator with very little accountability, it also points out something with bigger implications: nobody but nobody knows what the market is going to do.
The last two days are a prime example of this. Nobody but nobody would have predicted this week's market action after the disasters in overseas markets Monday. Invest based on Cramer's, or anyone else's short-term predictions at your own peril. Sure, Cramer does say some intelligent things, and does have some good educational pieces on his show (I have admittedly only seen it a few times, unable to avert my eyes from the bizarre spectacle). But then he follows it up with market timing, speculative garbage with no regard for valuation (at least he admits his disregard for valuation).
Back in his hedge fund days, Cramer was known as "Cramer from the Church of what's working now". Nothing has changed. "What's working now" is great until it isn't, and even the high priest doesn't know when that'll be - even if he says he does. Even valuation has little bearing on short-term price movements. Long-term though, it is the only thing that matters. Without valuation as a guide, you might as well take your IRA to Vegas. The odds of making money are probably better.
(Thanks to Whitney Tilson for the video link)
http://seekingalpha.com/article/61662-rick-santelli-takes-down-jim-cramer
Time for a latte.
This might help develop Canon Law:
Following the herd Sears and Starbucks offer case study in gun shy investing.
June 28, 2002: 6:20 PM EDT
By Adam Lashinsky, CNN/Money contributing writer
PALO ALTO, Calif. (CNN/Money) – Investors famously want to worship at the Church of What's Working Now.
Beaten up by past brushes with religion, they rush to put their money in stocks that have done well for others. History suggests this runs counter to common sense, but the temptation's real. Shares in two good companies with hottish stocks –Sears and Starbucks – offer the latest examples.
Start with Sears (S: Research, Estimates), a perennial doormat of the retail industry that's actually shown signs of life these past two years. This year, Sears is up an unbelievable 15 percent, compared with a 14 percent decline so far for the S&P 500 index. The retailer is profitable, its earnings are growing, and its shares are benefiting from the overall distaste for technology stocks and other troubled sectors. Wonderful. Especially for those who've already gotten the uptick in their portfolios.
But there's lots to consider at Sears. At the top of the list is its recent $1.9-billion acquisition of catalog merchant Lands' End. When the deal was announced, I wrote that Sears had basically acknowledged it erred in closing its own catalog a decade ago. That doesn't mean the fit with Lands' End will be perfect. Big acquisitions are tough. More, Lands' End has a totally different culture than Sears, and if the bigger company hurts the Lands' End relationship with its customers by marrying a downmarket brand with a somewhat upmarket one, the results will hit the Sears bottom line.
Already, Sears has noted that its monthly same-store sales are lagging projections, but Wall Street hasn't cared because Sears isn't a telecom or energy-trading or software stock. (Sears had its own crisis over reporting profits from its credit-card operations years ago. Perhaps it's immune to accounting woes now.)
If, in fact, the economy really does pick up, investors already have rewarded Sears. That's why Goldman Sachs analyst George Strachan lowered his rating on the company to market performer from outperform on June 20 – because the stock already had achieved his targets.
And then there's Starbucks (SBUX: Research, Estimates). As the company continues to exceed its own expectations of growth, investors have hungrily bid up the shares 29 percent this year. Bully for Starbucks shareholders. In fact, it's tough to find anyone to say bad things about this java-charged powerhouse. So much so that you even hear a variation of the old valuation-doesn't-matter argument you used to hear about tech stocks.
W.R. Hambrecht analyst Kristine Koerber, a Starbucks bull, notes that the company trades for about 43 times calendar 2002 earnings and 35 times 2003 earnings, both figures well above the chain's 21 percent projected growth rate. Why doesn't this trouble her? "Starbucks always has had a lofty valuation to its growth rate," she says, noting that the P-E ratio has ranged from 31 to the low 80s.
Again, the Seattle-based coffee retailer is firing on all cylinders. But in order for it to grow it has to continue to open new stores. With currently 5,500 stores, Starbucks says it can go as high as 20,000. The moment it can't profitably open new stores, the growth rate hits a wall and the stock does too.
Do you know when that moment will be?
Adam Lashinsky is a senior writer for Fortune magazine. Send e-mail to Adam at adam_lashinsky@timeinc.com.
Sign up to receive The Bottom Line by e-mail.
Find this article at:
http://money.cnn.com/2002/06/28/commentary/bottomline/lashinsky/index.htm
I'm working on the iBox
http://investorshub.advfn.com/boards/board.asp?board_id=10995
This won't be about specific stocks, the iHub buzz cloud takes care of that
just penny stock "concepts" -- a version of "what's hot" and "what's not" just for iHubbers (some of these are on the "not" list)
like
NOBO lists
Round-up Plays
15-12g Filings
Junior mining companies
Microcap oil & gas stocks
HELP ME ADD to the LIST!
There will be a companion thread, for "after church meetings" i.e. stuff that has run it's course... ideas that WERE hot but are now DEAD
Like:
NOBO Lists
etc
Thinking of just the right name for the companion thread -- Ideas accepted:
"The Church of the Poison Mind" ?? Boy George could be the mascot LOL
"The Little Penny Stock Shop Around The Corner" - i.e. the failed bookstore in the movie "You Have Mail"
Help me think here....
FUN!
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