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.
Can we get a ralley please lol
This company has some real growth potential going foward and it isn't being reflected in the current stock price YET because everyone's too scared to buy. GLW is just biding it's time. Now that Verizon is purchasing their ClearCurve bendable fiber, their revenue should benefit nicely over the next year. Their balance sheet is in great shape too.
I'm actually surprised there aren't more people here discussing Verizon's recent purchase of ClearCurve or the fact that the stock is trading at such an attractive valuation.
Best of Luck Longs
Position: Long GLW
Nice Day with very decent volume for Yamana
I'll sum up today's performance with one word: Sweeet!!!!
Let's see if AUY can break through resistance at $17.67 over the next few days. It's been consolidating nicely over the past few weeks and I think it's ready. It's astonishing how under-valued Yamana is on a foward P/E basis compared to most of the other intermediates. Based on 2008 earnings estimates it trades at a multiple of roughly 16. If earnings on March 25th beat the estimates, that would be like rocket fuel for this stock.
Best of Luck Longs.
*Position: Long AUY
South Africa Power Failure
I think today's shutdown of South African Gold supply could be enough to push us toward the $1000 level, especially if the FED cuts again next week which may or may not happen.It all depends on how long the SA mines are shut down for though I know. All three of the big miners have said it may take up to 4 weeks before they are permitted to get back to biz. Next week should be interesting. Go Yamana!!!
Good Luck Longs
Position: Long AUY
Weak Q earnings a buying opportunity
No I didn't sell my RTN
I currently have a small position, and I do like Raytheon, however I am concerned about what the President's defense budget is going to look like next month. I'm also waiting to see their backlog at the end of this Q before I add any more. It was nice to see the stock bounce back the last two days though. This market has been vicious.
* What do you think about their Eagle 300 system? Think the government might be interested in using it for border security down the line?
Best of Luck
Yup, we did bigtime.
I missed my re-entry this morning.
Had my bid set a little too low and then the TD Ameritrade website crashed so I couldn't access my account. Buy the time I could logon, AUY was already well over $15. I guess it just wasn't meant to be today. I still have some though and will add on any weakness that brings it below $15 again. Who knows what gold's gona do in the short term, especially if the markets sell off further.
Best of Luck
Ready for re-entry very soon
I took half my position off the table at $17.25. Now I'm just waiting for capitulation in the market to give me another opportunity to buy AUY on the cheap, perhaps @ $14 or below on Tuesday. Don't forget, end of the month we will get a report on Gualcamayo & the Bonanza Vein and that could be a nice catalyst to start another leg up.
Futures for Tuesday look rough, so I'm hoping to take advantage of all that pain and do the counter-intuitive thing:
BUY,BUY,BUY!!!!!
Position: Long AUY until $1000 gold
Are we going to fall through support at $60?
Bought a small position in RTN last week when I noticed it was showing some unusual strength on two down days for the market. However, then on Thursday & Friday it got smacked back down with the market. First support is at $60 and we are very close to that. It would be nice if that held lol.
I really like the company's backlog for visability though and the stock has held up considerably well dispite what the rest of the market has done. Tuesday morn will tell all I guess.
Position: Long RTN
Wake Up Sleepy Heads!!!LOL
Yamana makes a 40% move and nobody's here chattin about it?
That tells me that AUY still remains undiscovered/undervalued.
Good luck Longs
AUY is En Fuego!!!!!
The close above the old resistance at $15.88 was definitely a positive today and the volume is just fantastic. With this breakout, we might, and I emphasize MIGHT, just be able to push higher to between $18-$20.
I think a small pullback would be healthy though before we move higher. We're a bit overbought. However, with the breakout today, that may or may not happen in the immediate future.
Good Luck Longs
$24 would be fantastic
If we get the multiple that I think Yamana deserves, $24 is a distinct possibility. I'm just keepin a close eye on the long term trend line and will not hesitate to trade around a core position while I'm waiting for wall Street to rediscover gold.
HPQ will be a solid buy after Hedge Fund Redemptions
Nothing has changed fundamentally with HP. The recent market selloff has created some panic selling in the stocks of a lot of great companies. I'm waiting for the selling to become extreme and backing up the truck, especially with HPQ unless something changes fundamentally.
67% of Hewlett Packard's Sales comes from overseas and with the U.S. Dollar continuing to weaken, it should be "business as usual in 2008" Also, let's not forget how fast their software business is growing.
Waiting Patiently
RIG/GSF Merger
What are everyone's thoughts on the merger?
I've learned that not every marriage on Wall
Street is for the better.
I like RIG's management, but not so much GSF's.
Also, now that the merger is complete, the new
RIG possesses a large capacity of jack-up rigs.
I'm more bullish on the deepwater rigs myself
and not so much the jackups. Anyone think that
Transocean may sell some of their Jack-up
capacity to raise capital for debt reduction?
I do like the fact that Transocean is now the
largest offshore driller though. I guess time
will tell how well the two companies fit together.
Best of luck longs
Why was AUY held down in 2007?
What are people's thoughts?
*I think the acquisition and dilution played heavily on
investor minds in 2007.
*Also, during the Summer selloff that reached an absurd level
pushing the stock down to $8.50, Yamana had been naked shorted
which I think we can all agree was totally F*&^ed up. I learned
a huge lesson from that selloff. I should have been all over
that weakness and backed up the truck. I didn't sell, but I
also didn't buy any either. (Lesson learned here for sure.)
*Past performance is no guarantee of future performance, however
2005 & 2006 were stellar years for Yamana and it is merely my
opinion that now the acquisition is complete and production
continues to ramp up, along with Gold moving up, I think that
2008 could be a very good year for this stock. There was some
heavy buying last week, which leads me to believe the funds are
beginning to build positions in AUY. The institutional buyers
always leave their footprints in the charts in the form of
volume.
* I think AUY moves up significantly in 2008, finally acquiring
the multiple that many other miners are trading at. However,
the only way that Yamana achieves a higher multiple this year
is continued strong EPS growth and cash flow generation, along
with an increase in the dividend. I will not trust to hope
with any stock.
Best of Luck
Best of Luck
Liking that bendable Fiber
The growth from Corning's LCD glass biz and especially the new bendable fiber could bode very nicely for the stock over the next couple of years.
Anyone else bullish on GLW after we get through this ugly selloff in the market?
Attractive P/E & PEG
Freeport Copper & Gold?
I really like this company. The recent increase in the dividend and share repurchase authorization is just awesome. However, right now I'm more bullish on Gold than Copper, and 3/4 of FCX's revenue currently comes from Copper. Does anyone here think that Freeport might look to add more gold to their revenue stream?
The Phelps Dodge acquisition should be fully integrated by now and they do have the capital to go out shopping for more gold.
What are everyone's thoughts on this possibility? It would be so sweet if they were to add more gold to their revenue base wouldn't it?
Where is everybody?
Both RIG & DO have great earnings visability and RIG trades at a multiple of roughly 16 and PEG of roughly .70
Visability is exactly what investors are looking for in this heavy environment so why in the world is this board so quiet?
lol
I've been trading around a core position in RIG and right now I'm waiting for the market selloff to create some panic selling in RIG so I can buy more.
Earnings visability + High Growth = Stellar Potential for 2008
Good Luck Longs
Link for Cramer interview with HCBK CEO
http://www.cnbc.com/id/22489316/?__source=yahoo%7Cheadline%7Cquote%7Ctext%7C&par=yahoo
Hope that works. I didn't get to watch it yet cause I still have dial-up internet lol. Yeah, I know I should stop being cheap and switch to cable already lol. However, I don't have to watch the interview to know that this company knows how to lend money.
An average of 40% required for a downpayment. Now that's the way you run a bank!!!!
Booyah!!!!! Ready to board this baby once there is blood in the streets and the fear is at its max.
Just sittin in cash & gold and waiting patiently.............
Thanks for the Welcome.
Hudson City is one of the last few lenders that requires a down payment. Lending traditionally like that makes walking away from a mortgage more painful for borrowers because they have something to lose; their downpayment lol. It's a shame that so many other lenders strayed from this traditional approach because it is seriously biting them on the ass now along with their shareholders lol. I was holding onto some Wachovia, but I had to ditch it. There is much more pain to come for that bank because they acuired a California lender (Golden West) right at the height of the business cycle. We all know how bad the housing market is in California. What a bunch of retards right? I would love to see Ken Thompson giving the ax because Wachovia does have some positive aspects, they just need a change in management.
I have no intention of buying any of the banks right now because it is absolutely nuts out there, and no one knows who owns what right now. However, as I said, if HCBK gets unfairly punished and drops to my price of $13.50 I'll be starting a position. Honestly, I don't think the financial sector will calm down until sometime during the second or third quarter.
Best of Luck and again thanks for the welcome
$13.50 is the sweet spot with HCBK.
The $BKX is a mess right now obviously, however if this small responsible lender (HCBK)retraces back to $13.50 I'll be a buyer.
However, I'm keeping an eye on their allowance for loans losses. Even though their delinquencies have remained low, they haven't provisioned enough for losses and that could hurt them if non-performing loans were to suddenly increase. I really like this bank though, along with WFC and USB. When we finally hit a bottom in the $BKX these three will be the ones I'll be looking to for value.
Best of Luck
Yamana is on the move...finally lol.
This stock is definitely en fuego!!!
Congrats to anyone who has remained patient with AUY. Based on the volume over the last two days, I'd say that the institutionals are doing some big buying. That is really what we want to see here. I don't think we are even close to being done going up either. This stock has been held down for far too long and it is ready to rip. I think a trip up to $18-$20 is possible and it's where I'm taking some off the table and letting the rest ride. Yamana has a lot going for them, however the only thing that I don't like is how friendly Chavez is becoming with some of the South American countries.
Mental Reminder: Don't be Piggish lol.
Happy New Year & Git R Done!!!!!
Retail sucks right now....
However, I think JCP is a buy at $40 or below. They are building new stores AWAY FROM MALLS that I think will do really well in the coming years. JC Penney is a name that has been around for a long, long time and one that I think might be around for quite some time if they continue to innovate in order to better serve the customers.
Just thought I'd give my $.02 cause this board has definitely flat-lined lol.
HPQ needs to up their dividend
The cash flow is there. I see no reason why they cannot boost the divy to at least $.50 annual. Payout ratio only 12% right now. I realize that they need to reinvest a lot of money back into the company to stay ahead of the competition and continue to grow, but a dividend increase of 25-50% will not kill them.
HPQ is a Cash Cow right now.
Good Luck Longs & Merry Christmas
This Bank is Worth Something
Wachovia (WB) has a very large deposit base with extremely loyal customers. If this stock gets any cheaper I think the company will be bought out, whether it be by a foreign or domestic company. I guess people are too scared and/or tired of the banks to post here recently. Just remember, Wachovia and the other large banks are worth something if they have a strong deposit/customer base.
Good Luck Longs & Merry Christmas
Don't be shaken out. We've waited this long.
AUY and the other gold producers took a hit on Thursday & Friday, but DO NOT be scared out of the value you currently hold. The dollar might be bouncing off it's lows recently, however that's all it is a bounce. It's taking a little longer than I thought for Wall Street to realize that there's real value in Gold again and that treasuries offer absolutely no hedge against inflation, but that reality is coming. Hold onto your mining caps folks, and buy any dips. Trying not to pump here, I'm just simply stating the truth. Gold is an insurance policy right now period
I like Yamana for growth and Goldcorp, Newmont, and especially Freeport Mcmoran for their large reserve bases and geographic diversification. Freeport just upped their dividend too and authorized a buyback. We are getting a huge opportunity to buy shares cheaper here folks, TAKE IT and be patient!! I fired off an email to Yamana yesterday bugging them to either increase the dividend or authorize a small buyback to put a little coal in the shorts stockings. AUY is already cheap on a foward multiple basis and a bump in the dividend or a small buyback authorization would be fantastic.
Gold & Gold producers are being shorted every which way right now because of that Goldman Sacs report, but Im gona go out on a limb here and say that I think Goldman is wrong and simply trying to manipulate the market again, but then again, what else is new right? LOL
Merry Christmas Longs
AUY ready to rocket?
Hopefully the acquisition closes on Friday without any problems. As long as it does, I see no reason why Yamana can't make an impressive move upward, especially with the 4.5% short interest. Hang on longs. This stock has been held back long enough.
Not much discussion on this particular board. For anyone who hasn't already checked it out yet, stockpickr.com is a great social network where there is more discussion on various stocks.
Good luck longs
HPQ getting closer to my target of $55
Bought HPQ at $45 because of the extreme dislocation in the stock's valuation compared to Dell's & IBM's. HPQ could reach $55 sooner than I originally thought, and maybe even see $60 in the next six months providing that they can continue to fend off the competition. Planning to start scaling out at $55 though to keep myself from becoming too pigish lol. Congrats to everyone who believed in Mark Hurd. He's doing a fantastic job creating shareholder value in my opinion.
Really liking my HPQ computer.
Bought an HP laptop a while back back and I am very happy with it so far. It's actually one of the reasons why I decided to become a shareholder. My last laptop was a Dell and it crapped out in under a year. Mark Hurd has been doing a great job thus far and I see no reason why Hewlett Packard cannot achieve a multiple of 25 over the next year. Hang on for dear life longs. This market is totally manic-depressive lately lol.
This board is hardly ever active.
Where is everybody? In Pennyland? Give me a break lol.
I don't know about anyone else here, but I think AUY's management will succeed in the three way deal and in a very timely manner. I've heard a lot of chatter on other AUY boards on the web that the PPS is headed for $7. LOL
The bottom for AUY was two weeks ago when we saw 20 million shares trade hands in one day. Everybody who had to sell sold that day.
Kudos to everyone who stayed long and bought more from the panickers.
What do ya know, no liquidity. SHOCKING!!!!
Can't even sell the tiny bit of shares I kept of this stinkn worthless piece of ^%&* company!! LOL
Brian you suck more than suck could suck lol!!!!!!
Time to move on.............least I gots my AUY
Anyone else expecting Yamana to have a solid quarter?
* 120,000 ounces of Gold produced this Quarter
* 27 million pounds of copper
* $195 average cash cost I believe
As long as the company continues to reduce costs and improve their net margin I'm a happy camper and might even add a little more to my position.
Doug,
In my opinion, if Rio Narcea's shareholders don't take the $5 offer, then Lundin will up it. Lundin really wants those minerals and I think that management has the intelligence & the $$ to make it happen. Again,that is just my opinion though.
We should hear whether or not they get the deal by the end of this month I believe.
Bob,
Wow, if you've been here for awhile then you've made some money!!! Always like talking to people who have been in on a good company from the beginning. It must have been real nice getting that 3 for one stock split? I remember you from the GLENCAIRN board. That one I gave up on because of the way the institutional funds were looking at it and I figured it would take awhile before they were able to better their net margin.
Anyway, it appears that LMC is bouncing nicely off of that washout on the chart the other day. I'm not much of a chart person myself, I'm better at seeking value. Anyway, have a good one.
Serious
Not many posts here. Why not?
This is a company I have been buying incrementally for the past two weeks. They've got an impressive balance sheet, good growth potential, and even better, no real analyst coverage yet besides UBS. This stock needed a rest after the recent run it had from $10 Looking foward to the Q1 conference call & the quarters to follow.
I'm so stoked that there is a message board for this company.
Same Old Same Old here I guess?
I haven't read this board in quite awhile, but it appears that the situation hasn't changed much. Brian still quiet as a mouse?
I still own a very small position in IPMG, but I hang onto those shares mainly because they are a reminder of how, at least in my experience, "The House Always Wins" when trading penny stocks.
I have had a much better experience investing & trading "actual" companies based on "real" fundamentals. Good Luck to everyone still here and I hope that Brian does come through one day.....lol....there's that word again, HOPE.
Glad I sold this stinker weeks ago.
* I had a lot of faith in Brian at one point, but too much vagueness with any company sends me to the exits in a big hurry.
What a shame.
Right on Trops.
Trops about that uranium search:
You may want to look for a fully-reporting uranium play. IPMG, even though I've been in it for over a year, is highly, highly speculative. Sounds to me like you want to invest your money.
My suggestion is to find a company that's undervalued and already producing/ increasing production. Just my opinion though. Take what you want, leave the rest lol.
Have a good one.
copy that lol.