Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
Register for free to join our community of investors and share your ideas. You will also get access to streaming quotes, interactive charts, trades, portfolio, live options flow and more tools.
I ride a ferry once or twice a month up here inthe Northwest.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Hadn't noticed the huge drop off. Thanks for bringing it to our attention.
I'll take a look at it this weekend. One has to factor in the cost of settling the class action lawsuit, but that's a one-time payout, and the market may well have overreacted. I'll take a look.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Don't know how you can be UP in the last 2 years if you're holding
long.
it comes from careful stock picking, and selling at the right time. For just one example, picked up ADCT in 98 at about 7 bucks, when it got to 42 my model told me to get out, so I did. Some of the stocks I've been able to pick up at good prices have been, for example, AZO, ANF, BGP. My latest purchase was SGR when it dropped under 20; it's up 50% in under three months. Last one before that was LNCR which I picked up last fall when it went under 25; it hasn't moved as strongly yet, but is above 30, which is comfortably above my minimum target of 15% per year stock price increase.
For me, the key is to pick a few stocks, pick them carefully, and pick the prices at which they are in my buy zone. For example, I would like to add EXPD to my portfolio, wish I had pulled the trigger in the 45 range, but hadn't quite finished my analysis by then, and by the time I was ready to buy it was out of my buy zone. So I'll wait for it to come back to me. If it does, and an update of my analysis doesn't show any material negative changes, I'll buy it. If it never does, well, that's one that got away.
But most small and mid cap stocks will fluctuate over a range of about 50% during the course of a year. So you find good companies that are going to grow, and wait for them to come to you. Not all will, but it only takes a few.
Patience is the investor's best friend.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Uh, Mikey, I wouldn't bargain if I were you.
Take what you can get.
There's something seriously wrong with you if you don't have the discipline not to post about one stock for a month.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Hey, now that's a pretty good idea!
See, aren't you glad that I occasionally post about other things than stocks? <bg>
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Matt --
Here's an idea for you to consider.
Let Mikey out of jail on probation. The terms of probation: he is not allowed to post anything on the NVEI board, and is not allowed to post anything about the stock at all, anywhere on IH.
see whether he does indeed have a life outside NVEI. If he does, maybe he should be allowed free posting rights. If not, not.
Just a thought.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Appreciate knowing that.
I could use the money!
I can see that you do! Hope for your sake the company makes it, but as you know, I have my doubts. But time will tell, as it usually does.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
When you post to excel, please post to him, not to me. I am not a conduit.
Thank you.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Fair enough.
Is this a fair question?
What percentage of the shares you now own have you purchased for cash at market prices?
Is that one you're willing to answer? Doesn't seem invasive.
Not that I particularly care, to be honest with you, since I have zero interest in the NVEI. But it will help me make a judgment about my approach to your future posting activities.
Of course, if you don't care whether I think you're a true investor or just promote stocks you're being compensated to promote, then there's no reason why you should answer that question either.
But since it doesn't seem to invade your privacy at all to answer my second question, what percentage of the shares you now hold you purchased for cash at market prices, if you decline to answer it, I will feel free to draw my own conclusions.
Just to be fair, i'll go first. Every stock I hold except one I purchased 100% of my shares for cash at full market prices.
The one exception is ADPT. I received ADPT shrares when they bought out a sofware company I was a co-founder and VP-Finance of. I got my shres in our little company some for initial investment, some by exercise of options, some in lieu of salary during the years we didn't have money to pay ourselves salary so paid ourselves stock instead. Yes, I know what it is to run a start-up, run it on a shoestring, and get bought out for a nice premium by a NYSE company.
Other than that, every stock I own was purchased for cash at full market price.
Your turn.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
I notice you didn't answer the question.
A simple answer will suffice, since I have no reason to disbelieve a straightforward unequivocal statement from you.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Very conservative Warren Buffet style investor, it seems.
Pretty much. It made Buffett the second richest man in America. I'll be satisfied to be the third richest. <g>
But I tend to focus a bit more on growth prospects and not quite so much on value factors as Buffett. But I think anything he's buying is probably something interested in.
And of course, he monitors my trading for ideas, too. <bg>
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Well, since I don't follow the thread, I wouldn't know. But there seems to be a huge amount of controversy about here on the Jail. Bullrider posted briefly about it, so I took a five minute look on Yahoo. That was enough for me.
Those who want to throw away their money are welcome to do it as far as I'm concerned. It's a free country. I'm not one of those like Mmmmary who believes it's my responsibility to save people from the consequences of their own stupidity.
If they don't want to take my stock investing classes and learn to do it the right way (no, I don't sell a thing, this is not a commmercial, I just teach various classes at a local college and for other groups) it's their problem, not mine. <g>
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
But I've placed my bet here
Just curious. There have been suggestions made that you're a paid promoter for NVEI, so your bet really consists of providing services, not laying down cold hard cash out of your pocket for your shares.
How much actual cash have you laid out, at market prices, for the shares that you're betting on?
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Because that would requite intelligent design.
Plus, it might reduce the market for replacement batteries.
Now tell me I'm a cynic.
then tell me something I DON'T know!
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Don't worry.
I don't need to bash stocks. I just pick quality for my money. Just hate to see other people wasting time and money chasing rainbows, but if that's what they like, hey, it's their money and their time.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Well, I got mine about two years ago -- maybe they've improved since then. Or maybe the salesman wasn't up to speed or just gave that advice because he wasn't sure. But the original battery is still going strong, so something worked!
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Thanks. Interesting! Don't know whether we'll get dimming ones or not, but good to know that they should be run full intensity first.
Sort of the opposite of my cell phone, where they told me to run the battery down to zero the first time I used it. <g>
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Stocks my boy, stocks. Get with the program.
Sadly, right now I'm not finding any stocks worth talking about.
Spent two hours on the ferry yesterday running three screens, glanced at over 300 stocks, only three that merit even getting the 10-K for, and all those are already close to being overpriced. (Don't have wireless on the laptop, so couldn't check them out then.) But right now, it's a quiet time for a buy and hold investor. I'll find something, but it's not easy pickings like it was for the past two years.
Every stock I picked over the past two years is up nicely. But today, what is there to talk about? Look what people here are discussing -- NVEI, for God's sake! That's not a stock, it's a joke.
Where are the great stocks selling cheap?
it's not cool to pick on "the" Joemoney while he is
away. I mean, come on, he wouldn't do that to anybody elsee, eh?
Oh, no. Not JM. Never. Never in a million nanoseconds.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
You're entitled to your wrong opinion. <g>
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Has anybody heard of "seasoning" flourescent lights? I was out shopping for lighting for the house and the saleswoman said we should season our flourescent lights by turning them on and leaving them on for three or four days -- says it makes the black goo spread around the coil better and promotes longer life in the ballast.
I've never heard of this and neither has our contractor. Is the saleswoman blowing smoke, or is this real?
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
I have never held a stock for less than two months--I think I may once have held one that short term, but if so it was only once. My ideal time frame is forever, though my analysis time frame is 5 years. I can't recall ever buying a stock priced under $5; a few years ago I did buy ANF when it got down to 8, but I think that's the cheapest stock I've ever bought, as far as I can recall.
True long term big board trading (big board including NASDAQ). Trading is, IMO, a mug's game, much like playing the lottery. Yes, some people win, and their wins keep the dream alive for the masses. Meanwhile, the brokerages are the only ones guaranteed to make money.
I've been up the past two years while the market was down. So something I'm doing is working. <g>
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Bob knows my posts of him aren't critical.
You must really be bored with your life to go around counting posts. Egad, what a limited life.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
NVEI does seem a little stinky.
Was that you, Matt?
I need to look into that "company" when I get a chance.
Why?
They claim to be a development stage company, but for the year ending June 01, the last for which Yahoo has data, their spending on SG&A exceeded their spending on R&D by about 7.8 mil to 1/6 mil. This is development? They lost $10 mil in FY 2001 (if June is the end of their FY), and had 253K in cash and cash equivalents.
Their latest 10-Q, issued March 18, says it all: "Operations have been financed principally through sales of common stock, the exercise of warrants to purchase common stock, loans and the issuance of convertible notes payable." They were burning just under $2 mill a quarter, and only $329K of that was for R&D. They have nothing to sell. So, where is all the money going?
Five minutes is enough to make clear that this is not a company, but a stock issuance machine. Why would you want to get sucked into spending time looking any further into it?
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
The first step to wisdom is finding out what you don't know.
At the moment I don't have anything I'm excited about buying, but if I find something, I'll post it here.
Meanwhile, some of the past posts have interesting perspectives on long term investing.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
I'm a bit partial to big band, having played in them in the army and reserves,
Hey, baby, what did you play?
Me, played classical French Horn for about 40 years, but out here there's no symphony, so joined a Big Band playing trumpet and 'bone.
It's a blast!
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Matt -- I have a proposed new term for the TOU.
Anybody who boasts about going to Maui automatically gets their account terminated.
Rule is retroactive to April 1st, 2002.
Tempting, eh?
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
It's not easy being JOEMONEY.
You think that's not easy, try PUTTING UP WITH JoeMoney. That DEFINES not easy.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
How about I don't; you come back and start posting about stocks 100% of the time, and I won't
terminate your account.
Is this possible??
If you believe pigs can fly.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Believe me, I'm going to work up quite an urge to PO someone when I come back,
I never noticed that you needed to go away to develop that urge.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Anybody disagree?
Yep.
It took me the full 15 minutes to re-read my previous message, find typos, edit them, then re-read to the next typo.
As to spelling typos, IH had a very nice preview feature that you should learn to use <g>
As to other typos, presumably you're re-reading long posts before you hit the Submit button. Right?
And if you were more concise in your messages, the problem would go away!
Ah, don't you love such helpful advice?!!
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
To this day, I'm both amused and angry when someone responds to a question with "Ask the
company".
You and I differ here, Bob. Maybe because you trade in junk and I trade in quality. <g>
But I almost always find that when I call IR and politely ask responsible questions, I get polite and esponsible answers.
But then, I don't buy OTC stocks. So i'm not dealing in that world.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
next time maybe I'll buy real companies to hold
long!
Come over to The Big Board thread and post your discussion there. Things are a bit slow at present, but that's where to look, right now, for discussions of true quality long term holds.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
your
knowledge and creativity is very limited.
I'm trying to keep it down to a level you can understand. That limits me to fifth grade vocabulary.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
I could not have found a better proof of the ancient saying, "it takes one to know one."
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Uh, guess I pulled too hard.
Now what to I do with this leg I'm holding in my hand?
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
I would be laying in a pool of my
own blood,
What would he be laying? Eggs? Tile?
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Do you remember the early days of Hollywood Squares, before the responses were scripted but were off the cuff?
. Peter Marshall was the host asking the questions.
Q: If you're going to make a parachute jump, you should be at least how high?
> A: Charley Weaver: Three days of steady drinking should do it.
Q: True or false...a pea can last as long as 5,000 years.
> A: George Gobel: Boy it sure seems that way sometimes...
Q: You've been having trouble going to sleep. Are you probably a man or a
woman?
> A: Don Knotts: That's what's been keeping me awake.
Q: According to Cosmo, if you meet a stranger at a party and you think he's really
attractive, is it okay to come out directly and ask him if he's married?
> A: Rose Marie: No, wait until morning.
Q: Which of your five senses tends to diminish as you get older?
> A: Charley Weaver: My sense of decency.
Q: In Hawaiian, does it take more than three words to say "I love you"?
> A: Vincent Price: No, you can say it with a pineapple and a twenty.
Q: What are "Do It", "I Can Help" and "Can't Get Enough"?
> A: George Gobel: I don't know but it's coming from the next apartment.
Q: As you grow older, do you tend to gesture more or less with your hands while
you are talking?
> A: Rose Marie: You ask me one more growing older question, Peter... and I'll
give you a gesture you'll never forget!
Q: Paul, why do Hell's Angels wear leather?
> A: Paul Lynde: Because chiffon wrinkles too easily
Q: Charley, you've just decided to grow strawberries. Are you going to get any
during your first year?
> A: Charley Weaver: Of course not, Peter. I'm too busy growing strawberries!
Q: In bowling, what's a perfect score?
> A: Rose Marie: Ralph, the pin boy.
Q: It is considered in bad taste to discuss two subjects at nudist camps. One is
politics. What is the other?
> A: Paul Lynde: Tape measures.
Q: During a tornado, are you safer in the bedroom or in the closet?
> A: Rose Marie: Unfortunately, Peter, I'm always safe in the bedroom.
Q: Can boys join the Camp Fire Girls?
> A: Marty Allen: Only after lights out.
Q: When you pat a dog on its head he will usually wag his tail. What will a goose
do?
> A: Paul Lynde: Make him bark.
Q: If you were pregnant for two years, what would you give birth to?
> A: Paul Lynde: Whatever it is, it would never be afraid of the dark.
Q: According to Ann Landers, is their anything wrong with getting into the habit of
kissing a lot of people?
> A: Charley Weaver: It got me out of the army!
Q: It is the most abused and neglected part of your body - what is it?
> A: Paul Lynde: Mine may be abused but it certainly isn't neglected!
Q: Charley, what do you call a pig that weighs more than 150 pounds?
> A: Charley Weaver: A divorcee.
Q: Back in the old days, when Great Grandpa put horseradish on his head, what
was he trying to do?
> A: George Gobel: Get it in his mouth.
Q: Who stays pregnant for a longer period of time, your wife or your elephant?
> A: Paul Lynde: Who told you about my elephant?
Q: Jackie Gleason recently revealed that he firmly believes in them and has
actually seen them on at least two occasions. What are they?
> A: Charley Weaver: His feet.
Q: Do female frogs croak?
> A: Paul Lynde: If you hold their little heads under water long enough.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
How well do you remember?
LOL, but do you have answers to the - HOW-WELL-DO-YOU-REMEMBER QUIZ?
1. "Kookie; Kookie. Lend me your ________________."
2. The "battle cry" of the hippies in the sixties was "Turn on; tune
in;________________."
3. After the Lone Ranger saved the day and rode off into the sunset, the
grateful citizens would ask, "Who was that masked man?" Invariably, someone
would answer, "I don't know, but he left this behind." What did he leave
behind?________________. ( I thought he left a cloud of dust behind)
4. Folk songs were played side by side with rock and roll. One of the most
memorable folk songs included these lyrics: "When the rooster crows at the
break of dawn, look out your window and I'll be gone. You're the reason I'm
traveling on, _____________________."
5. A group of protesters arrested at the Democratic convention in Chicago
in
1968 achieved cult status, and were known as the _______.
6. When the Beatles first came to the U. S. in early 1964, we all watched
them on the ________________________show.
7. Some of us who protested the Vietnam war did so by burning our
_____________.
8. We all learned to read using the same books. We read about the thrilling
lives and adventures of Dick and Jane. What was the name of Dick and Jane's
dog?______
9. The cute little car with the engine in the back and the trunk (what
there was of it) in the front, was called the VW. What other name(s) did it
go by? _______________ & ________________
10. A Broadway musical and movie gave us the gang names the ___________and
the ____________.
11. In the seventies, we called the drop-out nonconformists "hippies." But
in the early sixties, they were known as ________________.
12. William Bendix played Chester A. Riley, who always seemed to get the
short end of the stick in the television program, "The Life of Riley." At
the end of each show, poor Chester would turn to the camera and exclaim,
"What a ________."
13. "Get your kicks, ________________."
14. "The story you are about to see is true. The names have been
changed________________."
15. The real James Bond, Sean Connery, mixed his martinis a
specialway:________________.
16. "In the jungle, the mighty jungle, ________________."
17. That "adult" book by Henry Miller - the one that contained all the
"dirty" dialogue - was called _________.
18. Today, the math geniuses in school might walk around with a calculator
strapped to their belts. But back in the sixties, members of the math club
used a _________.
19. In 1971, singer Don Maclean sang a song about "the day the music died."
This was a reference and tribute to _______________.
20. A well-known television commercial featured a driver who was
miraculously lifted through thin air and into the front seat of a
convertible. The matching slogan was "Let Hertz ______________."
21. Before the twist, the mashed potatoes, and the watusi, we "danced" under
a stick that was lowered as low as we could go in a dance called
the________________.
22. "N-E-S-T-L-E-S; Nestles makes the very best..____________."
23. In the late sixties, the "full figure" style of Jane Russell and
Marilyn Monroe gave way to the "trim" look, as first exemplified by British
model ________________.
24. Sachmo was America's "ambassador of goodwill." Our parents shared this
great jazz trumpet player with us. His name was ________________.
25. On Jackie Gleason's variety show in the sixties, one of the most
popular segments was "Joe, the Bartender." Joe's regular visitor at the bar
was that slightly off-center, but lovable character, _______________. (The
character's name, not the actor's.)
26. We can remember the first satellite placed into orbit. The Russians did
it; it was called ____________.
27. What takes a licking and keeps on ticking?____________.
28. One of the big fads of the late fifties and sixties was a large plastic
ring that we twirled around our waist; it was called the ________________.
29. The "Age of Aquarius" was brought into the mainstream in the Broadway
musical ______________.
30. This is a two-parter: Red Skelton's hobo character (not the hayseed,
the hobo) was ________________. Red ended his television show by saying,
"Good night, and ________________."
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
Takes me back to my days in the Civil Rights movement, singing freedom songs in jail.
Now that there are sound files available on IH, you could get a few recordings of the old freedom songs and play them here.
Even with a few new words. Such as:
Mikey gold, he went to jail,
had no money for to pay his bail.
Keep your eyes on the prize,
Hold on, hold on.
or:
All jailed investors got their minds . ..
Set on Freedom
[repeat twice more]
Halle-luuuu halle-luuuu, halle luu uuuuu jah
Ah, it does take me back.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.
I don't pretend to have the only way. I have a way that works and has been successful for me, and am willing to share my thoughts and ideas. Others have ways that work for them and I appreciate when they are willing to share their thoughts and ideas.
That's how learning happens!
A mind is like a parachute -- it works best when it's open.
___________________________________________________
The cheaper the paper, the more important the information. Peter Lynch.