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another copy/paste PR today
FT. LAUDERDALE, FL, Mar 13, 2007 (MARKET WIRE via COMTEX) -- Prime Time Group Inc. (PINKSHEETS: PRTH) ("the Company") is pleased to announce that after a better than expected Christmas in the retail wireless market, it has decided to focus its operations regionally to maximize skill, market response, penetration and net income returns.
"We have decided that the US market, the Caribbean and Puerto Rico are ripe for the types of mobile handsets and services we are providing," says Troy Metz, President & COO. "The US / Puerto Rico market is significantly larger, with more aggressive and lucrative compensation plans from carries than we have in Canada and we are therefore excited about a greater focus and market push in that region."
Metz adds, "The Canadian landscape is also ripe for wireless products and services with the introduction of 'number portability' and remains one of our key markets for web based clients and accessories." He notes, "Canada is just entering the accessory and skins arena. However, with its large geography it makes more sense for us to hit our target market through an aggressive web campaign where the overhead is significantly smaller, the trust is high with our demographic and the margins are impressively higher."
"Our recent partnership with Imbibo in Canada allows users to customize the look with a 'skin' picked from an enormous inventory of designs or they can submit their own designs and pictures. The company prints a high quality vinyl skin, like a photograph and directly fulfills the customer's order," Metz notes. "It is the best scenario for everyone, low overhead and high margins. Our shareholders should be particularly happy."
"It's about focus," says Dallas Robinson, CEO. "We wanted to provide all types of solutions through various revenue channels across North America and we wanted to do it responsibly with minimal cost and risk." He adds, "This new strategic focus will allow us to pursue our automotive initiatives, our convenience store initiatives and our wireless initiatives without over-extending our corporate infrastructure."
For a preview of the capacity of Imbibo's systems, please visit www.imbibo.biz
ABOUT PRIME TIME GROUP INC.
Here's one you may be interested in checking out: SYNM
My brother who's in the Air Force told me about them last fall because of the fuel tests they'd done with B-52's.
just FYI
I've owned Syngas shares for over a year now and have lost money. This dog, like alot of alternative fuel research companies will eventually have their day but I believe it's still a few years away.
Good luck to ya
All those PR's in a row for 2 months and then nothing. I wonder what's going on with this company.
Sp is holding nicely but still too quiet for my taste.
Nothing but disappointment here too.
how bad?
read this...
SAN DIEGO (MarketWatch) -- If investors learn nothing else from the debacle now known as NovaStar Financial, it should be that no matter how the financial markets have changed, no matter how smart people may think they are, no matter how much it may feel that this time is really different, one basic rule of investing stands: The higher the reward, the higher the risk.
That hit home in the hardest way Tuesday after NovaStar (NFI : novastar finl inc com
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Last: 10.10-7.46-42.48%
4:36pm 02/21/2007
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10.10, -7.46, -42.5%) , with its 30% dividend yield, reported fourth-quarter results that left investors stunned as the REIT's shares plunged 33% in aftermarket trading to $11.81. That's lower than they were when I first started raising red flags over the subprime mortgage lender in December 2002.
While investors ignored the warnings, lured by a rising dividend, make no mistake about it: Even back then NovaStar was a high-wire act. Critics questioned the company's earnings quality, lending practices, its business model, its REIT-related accounting and the granddaddy of all concerns: Whether NovaStar really ever really earned its dividend, which is paid based on taxable - not net - income. NovaStar routinely dismissed such concerns, saying that it did indeed earn its dividend.
Whether it does or doesn't is now a moot issue, because NovaStar made it clear on its earnings call that next year's dividend could fall to $4 this year from $5.60 in 2006. Beyond that, the company said it may abandon its REIT status altogether, for good reason: It also said there will be little to no taxable income from 2007 through 2011. (The implication, of course, is that there will also be no dividend.)
All of this has no doubt come as something of a surprise to the NovaStar faithful, who were expecting so much more. On Dec. 20, 2004, newsletter writer Alan Newman wrote a bullish piece on NovaStar that quoted Nelson Woodard, co-manager of the Scudder-Dreman Small-Cap Value Fund -- NovaStar's largest holder then and now as saying that dividends in 2006 could hit $9, rising to $11 or $12 in 2007. (Oops!) Newman then wrote that if Woodard is correct, "our earlier guess of 'possibly $18 in dividends in the next three years' could prove way too conservative. Could it be $25 to $30 in dividends?!"
He then added, "Given that the shorts have totally misplayed their hand and botched their analysis, the outcome could be disastrous for them." The stock at the time was about $50.
Newman's comments were cheered by investors who congregated on the NovaStar message boards on Yahoo Finance, a town square of sorts for NovaStarians, who often bragged about how they had made a killing on their NovaStar stock. They would also go there to read the latest efforts to discredit critics, including yours truly, who had become Public Enemy No. 1.
Much of the attempted deconstruction of criticism would spill over to a Web site run by an anonymous message board poster, who went by the name Bob O'Brien and who by then had also become pals with Overstock (OSTK : overstock com inc del com
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Last: 18.64-0.39-2.05%
4:41pm 02/21/2007
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18.64, -0.39, -2.0%) CEO Patrick Byrne - himself having gone on a "jihad" against critics of his own company. Both teamed up to also attack an illegal form of short-selling.
In spring 2005, O'Brien went so far as to post the address and names of the wife and son of one prominent short-seller of NovaStar in a message board post, with the tag line, "This is coming up on game over-time. Figure it out. Your playbook is known." In another post he wrote, "Anyone know Herb's wife's name, and his middle initial?"
Fast-forward to a week ago: On another Web site's NovaStar message board, that same poster now known as "Easter Bunny" - continued to cheer on NovaStar as an investment. In response to one poster who wondered whether NovaStar's stock would be $20 or $13 after posting earnings, he wrote: "That's very amusing. Really. Thanks for the lift. So, if that is what cutting the dividend and reducing their 100% payout policy for the first time in half a decade would do, what do you think that sustaining the dividend with ease at $5.60 and paying out 100% will do to the price?"
The bravado was gone Tuesday in the wake of NovaStar's disclosures. "I have been body-slammed by this," wrote the anonymous poster, who has been identified by the New York Post as a former used-Cat Scan machine salesman named Phil Saunders. "Many of my friends are devastated by this. Some of my relatives, too. Personally, you bet. Very expensive lesson: Don't bet more than you can afford to lose. And don't bluff. I will not be buying anymore stocks in the U.S. markets, that's for sure. I'm quite done now. This casino has lost its allure."
So, hopefully, has the notion that high reward doesn't come with high risk.
Herb Greenberg is senior columnist for MarketWatch and contributor to CNBC television based in San Diego. He does not own stocks (except for shares of his employer), and he does not sell individual stocks short or invest in hedge funds.
PRTH has been quiet for a few days now.
Like to see a nice bounce soon.
Nope. Nothing going on.
They'll probably announce this week that they're buying a fake dog turd factory and enter that lucrative market! LOL
Vega.....my uncle had one. It even had a sunroof in it and it was still butt ugly! har har
Rats!! I thought they were bringing back the Grenada!
he he ha ha
Still waitin' on .09c to break even and get out of this. In for 4+ years now. Oh wait a minute; if Torbay ever sees 9 cents again then that might mean they may actually be selling something to someone, somewhere. LOL
I'm really starting to feel like the "Golden Hind" end! ha ha
maybe someday
Well, I'm out of Ford for now.
TORONTO, Feb 05, 2007 (BUSINESS WIRE) -- Reliant Home Warranty Corporation (RHWC : RHWC
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, , ) . Boyd Soussana, President of Reliant Home Mortgage (Canada) Inc., Reliant Home Warranty Corporation's Canadian operating subsidiary, recently released the following letter to Reliant Shareholders:
I am pleased to announce we are on the threshold of launching our full spectrum of programs. This will occur during the company's first fiscal quarter of 2007. To this end, we recently received our full insurance underwriting approval from Brit Insurance. As a result of this, our sub-prime lending amortization capacity has now been expanded to 55-years, a Canadian first.
We continue to broaden our suite of innovative offerings to include:
-- Canada's first 55-year amortization program for residential mortgages;
-- Canada's first job loss protection option for residential mortgages;
-- On-line instant approval is available to our mortgage broker partners;
-- A complete broker/underwriter communication interface;
-- Real-time mortgage status updates; and
-- Direct real-time credit bureau interface.
Our team has been working diligently over the last quarter to finalize our warehouse facility and refine our broker network system in order to ensure the success of our launch. We appreciate your continued patience and confidence in our efforts. Please know we are committed to achieving success. Our partners remain steadfast in their support of our business model and confident in the success of our endeavors.
In passing, a recent development in the Canadian residential mortgage marketplace bodes well for us. A major Canadian bank (Bank of Montreal) has discontinued its use of mortgage brokers to market their mortgage products. This move presents an unparalleled opportunity for us to capture a greater share of the Canadian residential mortgage market by developing a prime private residential mortgage product line. Our staff is working with a major Canadian insurance enterprise to develop such an underwriting capacity and exploit the opportunity. You will be kept appraised of these exciting developments that will, no doubt, have a positive effect on our fortunes.
Reliant securitizes its mortgages by accessing several separate sources of capital. Mortgages are sold to institutional investors as well as being securitized through the usual securitization conduits.
Boyd Soussana President and Chief Executive Officer
For more information on Reliant's programs, please visit Reliant Home Warranty Corporation's website: http://www.relianthwc.com.
AUSTIN, Texas, Jan 31, 2007 (BUSINESS WIRE) -- SmallCapVoice.com, Inc. announced today that the audio interview featuring Dallas Robinson, CEO of Prime Time Group Inc. (OTC:PRTH.PK) is now available at http://www.smallcapvoice.com/prth/prth-1-29-07.html. Mr. Robinson offers his personal insight into the company's growth to date and provides an outlook for the Company in 2007
OTCPicks initiates coverage on Prime Time Group
DALLAS, Jan 30, 2007 (BUSINESS WIRE) -- Brian Dean, Publisher of OTCPicks.com, announced today that it has initiated Profile Coverage of Prime Time Group, Inc. (PRTH : prime time group inc com
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Last: 0.14-0.02-12.90%
12:26am 01/30/2007
Mr. Dean comments, "Last October Prime Time Group merged with Robinson Wireless Holdings Inc. and at that point Prime Time Group became part of the growing $190 Billion wireless market. Since that time Prime Time has made several wireless acquisitions, and released a report stating that the new wireless division generated more than $900,000 in revenues for the six month period ending January 21. Prime Time Group is growing quickly and we believe that acquisitions, increased market penetration, and growth into new markets will propel PRTH."
All those buy-outs have really helped put the hurtin on 'em.
That's alotta cash to cough up all at once.
Sorry Tina.
OUCH!!
NEW YORK (MarketWatch) -- Ford Motor Co. reported Thursday a fourth-quarter loss that mushroomed to $5.8 billion, putting its loss for the year at nearly $13 billion, as the automaker incurred heavy charges to restructure its North American operations.
Ford's quarterly loss of $5.8 billion, or $3.05 a share, widened from $74 million, or 4 cents a share, in the year-earlier period.
Excluding special items, the Dearborn, Mich.-based company (F : Ford Motor Company
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Last: 8.20-0.10-1.20%
7:47am 01/25/2007
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F8.20, -0.10, -1.2%) said fourth-quarter loss would have been $2.1 billion, or $1.10 a share, reversing a similarly compiled profit of $285 million, or 15 cents a share, in the final three months of 2005.
Restructuring in Ford's North American operations reduced quarterly earnings by $3.7 billion. For the year, the automaker said restructuring reduced earnings by $9.9 billion.
Ford's sales in the three months ended Dec. 31 fell 13% to $40.3 billion from $46.3 billion.
Analysts polled by Thomson First Call had forecast, on average, a loss of $1.01 a share and sales of $34.67 billion for the December quarter.
The company's accelerated "Way Forward" plan hopes to return its North America operations to profitability by 2009. The move will idle or cease work at 16 manufacturing facilities through 2012, including seven vehicle-assembly plants.
At the end of 2006, Ford said, 38,000 unionized workers had accepted voluntary buyout offers.
Ford's shares fell 10 cents on Wednesday to end at $8.20.
Padraic Cassidy is a reporter for MarketWatch in New York.
unfortunately, aye. EOM
Anyone see the PR today?
900k in revenue just from the wireless division alone for the past 6 months. That's 150k per month on average.
Not too shabby so far.
Yeah, I'd like to hear some good news and immediately see a dip down to 5 bucks so I could add some more!
I'm not asking for much am I? he he
Doesn't hurt to dream! LOL
too funny Strat! You should meld all these characters and stories into a screenplay and sell 'em to Hollyweird.
Hey Strato, how about another installment of the Desert Chronicles?
It's been a while since the last episode.
Besides,all my stocks are mired in RED and I need something to keep me going.
yup, big jump today. must be some news on the horizon.
LOL OEM
Only 9.3 mil in outstanding shares......sounds interesting.
Anyone have any predictions as to what price it will begin trading on Monday?
Thanks in advance
furthur
Down to .14 this morning.
yeah, they've been very quiet lately. I wonder what 2007 holds for Syngas? and us shareholders?
good luck Wizz
-Furthur
Endeavor to persevere.
Green screens to you Lar.
Endeavor to persevere!
I don't think the rooster has even crowed around here yet! LOL
Well, gotta get 2 zombies off to school.
have a good 'un
morning Lar, man you are up early!
press release today
FT. LAUDERDALE, FL, Jan 03, 2007 (MARKET WIRE via COMTEX) -- Prime Time Group, Inc (PINKSHEETS: PRTH) announced today that it is prepared for the launch of its wireless products and services in Puerto Rico.
"We spent Christmas preparing the stores and getting the infrastructure in place for a successful roll out through the 7-11 assets in January 2007," says Troy Metz, President. "As we committed to our shareholders, we planned on rolling out in late January and I am pleased to report that we are on track with this initiative and within our budget to do so."
Says Dallas Robinson, CEO, "We are prepared to launch beginning on the 23rd of January and concluding on the 10th of February." He adds, "We are pleased that this announcement could come so soon and is in part due to the tremendous support of Brightpoint, our delivery partner and master agent in the United States."
"We should see sales results by the end of this quarter and I expect that they will surprise everyone," says Armando De Valle President of PR7 Inc. and the 7-11 assets in Puerto Rico. "We are very excited that the Virgin brand and the accessory lines of Prime Time Group will be entering our market and the Caribbean through our chain of 7-11s. I believe that our market will respond to this with tremendous enthusiasm."
Prime Time Group Inc. holds an interest in the 7-11 assets of PR-7 Inc. located in Puerto Rico. It recently completed an agreement to distribute Sprint, Boost, Virgin Mobile and Sprint Disney through its master dealer Brightpoint in the United States and Prime Time's initial outlets in Arizona.
ABOUT PRIME TIME GROUP INC.
Robinson Wireless is a forward thinking company that focuses on wireless products and services for today's youth market. By using retail, wholesale and internet delivery channels, the company has found unique ways to deliver the phones, accessories, mobile media and mobile games that are desired by a growing marketplace. In doing so, it has established relationships with carriers such as Virgin Mobile, fido, Sprint, as well as its own line of products such as Cherry Red Accessories and a content and e-commerce division is online and will be announced shortly.
Robinson Wireless/ Prime Time Group Inc., is currently investigating growth opportunities in Australia, Latin America, the Caribbean, Puerto Rico and the Dominican Republic as well as the developing markets in Asia.
PR7 Inc. operates 14- 7-11 convenience stores in San Juan Puerto Rico. Prime Time maintains its interest in PR7 Inc. Armando Del Valle was appointed President of the company in late June of 2006 and was chartered to maximize profitability and position the company for expansion. The profitability goals were at6tained in December 2006 and the company has identified 3 locations for expansion in early 2007. By the end of 2007 the company hopes to conclude the first phase of expansion and intends to have in excess of 25 stores.
Legal Notice Regarding Forward-Looking Statements
The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
For further information contact: Prime Time Group Inc. Visit: www.primetimestores.com Robinson Wireless Holdings Visit: www.robinsonwireless.com Contact Investor Relations paul@coreconsultinggroup.com
SOURCE: Prime Time Group Inc.
http://www.primetimestores.com http://www.robinsonwireless.com mailto:paul@coreconsultinggroup.com Copyright 2007 Market Wire, All rights reserved.
Nice TM! You may have mirrored perfectly what many here at Ihub want to accomplish this year.
git r done!
-furthur
FT. LAUDERDALE, FL, Dec 29, 2006 (MARKET WIRE via COMTEX) -- FT. LAUDERDALE, December 29 2006, - Prime Time Group, Inc (PINKSHEETS: PRTH) (the "Company") announced today that it has reached an agreement with iQMetrix to complete a fully integrated web e-commerce site for North American consumers.
"iQMetrix is a world leader in point of sale systems and is specifically expertise in the wireless business." adds Robinson "now that they are partnered with Chase Paymentech, the leading payment processor in North America we are very comfortable in letting them handle our electronic business."
Troy Metz President says " iQMetrix is unparalleled in their ability to develop and execute projects. They have a high level of ability and understanding of our field. The result is, that they will ensure our consumers are protected through their integrated payment structure and that the system is easy to use and navigate." adds Metz " they are a serious and credible player. In fact, this year their CEO is featured as the Guest Speaker at the 2007 Consumer Electronics Show (CES). It follows our management objectives of dealing, partnering or acquiring only the best and iQMetrix is definitely in that category."
"We couldn't have entered the US market at a better time" says Robinson. "With our capacity to grow and market the business we believe that its revenue potential will exceed everyone's expectations."
ABOUT iQmetrix
iQmetrix Software Development Corp. is a leading provider of retail management systems for the cellular and wireless retail and telecommunications industries. iQmetrix sells its innovative business solutions to multi-location retailers throughout the North American market. iQmetrix' flagship product, RetailiQ: Cellular POS Software, provides a fully integrated solution to manage Point-of-Sale, CRM, Inventory, Accounting, HR, Marketing, Intranet and eCommerce. iQmetrix is a privately held company with offices located in Canada and the United States. For more information about iQmetrix, visit www.iqmetrix.com.
ABOUT PRIME TIME GROUP INC.
Robinson Wireless is a forward thinking company that focuses on wireless products and services for today's youth market. By using retail, wholesale and internet delivery channels, the company has found unique ways to deliver the phones, accessories, mobile media and mobile games that are desired by a growing marketplace. In doing so, it has established relationships with carriers such as Virgin Mobile, Fido, Sprint, as well as its own line of products such as Cherry Red Accessories and a content and e-commerce division is online and will be announced shortly.
Robinson Wireless/ Prime Time Group Inc., is currently investigating growth opportunities in Australia, Latin America, the Caribbean, Puerto Rico and the Dominican Republic as well as the developing markets in Asia.
PR7 Inc., operates 14- 7-Eleven convenience stores in San Juan Puerto Rico. Prime Time maintains its interest in PR7 Inc. Armando Del Valle was appointed President of the company in late June of 2006 and was chartered to maximize profitability and position the company for expansion. The profitability goals are about to be reached in December 2006 and the company has identified 3 locations for expansion in early 2007. By the end of 2007 the company hopes to conclude the first phase of expansion and intends to have in excess of 25 stores.
For further information contact:
Prime Time Group Inc.
Visit: www.primetimestores.com
Robinson Wireless Holdings
Visit: www.robinsonwireless.com
Contact Investor Relations : paul@coreconsultinggroup.com
Legal Notice Regarding Forward Looking Statements
The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Copyright Copyright Hugin ASA 2006. All rights reserved.
SOURCE: Prime Time Group, Inc
Copyright 2006 Market Wire, All rights reserved.
maybe :)
news today
FT. LAUDERDALE, FL, Dec 28, 2006 (MARKET WIRE via COMTEX) -- FT. LAUDERDALE, December 28 2006 - Prime Time Group, Inc (PINKSHEETS: PRTH) announced today that the retail website for Prime Time Group, Inc., is expected to be operational on the 15th of January 2007 allowing Prime Time to enter the full spectrum of the Multi Billion Dollar Mobile Industries. "Consumers will be excited at the site and its layout," Says Metz "they will be able to buy handsets, plans, accessories and download a variety of ringtones, activities and games."
The company intends to participate in the exploding growth in the following sectors over the next 3 years:
Mobile Ringtones - Which are already a $500 Million business in the U.S. and music downloads to phones will reach $725 Million in sales in the U.S. by 2009.
Mobile Gaming - Which is projected to generate over $2.82 billion in revenue in the U.S. by 2009
Mobile Infotainment (sports and news alerts, video clips etc.) - Which is expected to hit $1 billion in sales in the U.S. by 2009.
The penetration of Mobile Handsets in the U.S. is expected to climb from 61% this year to 75% in 2009.
"This is the first out of several e-commerce launches coming in 2007. We will be launching accessories, gaming, content and a variety of market targeted commerce sites that all generate revenues." Says Dallas Robinson CEO. "We looked at our youth market demographic and realized this is one of the key channels for communicating and retailing to this market."
ABOUT PRIME TIME GROUP INC.
Robinson Wireless is a forward thinking company that focuses on wireless products and services for today's youth market. By using retail, wholesale and internet delivery channels, the company has found unique ways to deliver the phones, accessories, mobile media and mobile games that are desired by a growing marketplace. In doing so, it has established relationships with carriers such as Virgin Mobile, Fido, Sprint, as well as its own line of products such as Cherry Red Accessories and a content and e-commerce division is online and will be announced shortly.
Robinson Wireless/ Prime Time Group Inc., is currently investigating growth opportunities in Australia, Latin America, the Caribbean, Puerto Rico and the Dominican Republic as well as the developing markets in Asia.
PR7 Inc., operates 14- 7-Eleven convenience stores in San Juan Puerto Rico. Prime Time maintains its interest in PR7 Inc. Armando Del Valle was appointed President of the company in late June of 2006 and was chartered to maximize profitability and position the company for expansion. The profitability goals are about to be reached in December 2006 and the company has identified 3 locations for expansion in early 2007. By the end of 2007 the company hopes to conclude the first phase of expansion and intends to have in excess of 25 stores.
For further information contact:
Prime Time Group Inc.
Visit: www.primetimestores.com
Robinson Wireless Holdings
Visit: www.robinsonwireless.com
Contact Investor Relations : paul@coreconsultinggroup.com
Legal Notice Regarding Forward Looking Statements
The statements in the press release that relate to the company's expectations with regard to the future impact on the company's results from acquisitions or actions in development are forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995. The statements in this document may also contain "forward-looking statements" within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Since this information may contain statements that involve risk and uncertainties and are subject to change at any time, the company's actual results may differ materially from expected results.
Copyright Copyright Hugin ASA 2006. All rights reserved.
SOURCE: Prime Time Group, Inc
Copyright 2006 Market Wire, All rights reserved.
maybe 2008? LOL I'm being sarcastic of course! ha ha
picked up a few more at .19c
good morning all. Why couldn't Ford have been the "best performing blue-chip of 2006"?
Excerpt from Chuck Jaffe/CBS Marketwatch
Stock slips
There's little doubt that I get in the most hot water with stock picks. Of the 15 stocks tagged with the "stupid" label in 2006, 10 lost at least 20% of their value after being picked; six of those stocks not only dropped by 40% or more, but remain there today.
But I hate losing a lot more than I like winning, and my mistakes this year were doozies.
I picked General Motors Corp. (GM : General Motors Corporation
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Last: 30.59+0.82+2.75%
8:56am 12/28/2006
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30.59, +0.82, +2.8%) after a reader asked if the stock was beaten down enough to buy and I said that the company's cost burden, declining market share, big losses and junk-rated debt had not wounded the share price nearly enough. I called for a dividend cut, said the price had to fall 25% just to reach fair value, and 40% more before it would be a buy again. See previous Chuck Jaffe.
That pick looked spot on for about three months, as the dividend was cut in half and the stock languished with a 15% decline.
That's when GM hit the gas, becoming the best-performing blue-chip of 2006, contributing mightily to the Dow Jones Industrial Average's climb to record heights. Despite a recent pullback since billionaire investor Kirk Kerkorian's November decision to sell his stake, GM is up more than 30% since I wrote about it.
I remain concerned about the company's burn rate and the stock's valuation, but there's no denying I was wrong in answering the reader's question; the company's stronger-than-expected performance had it more poised for a rebound than I recognized.