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iHub predated google. eom.
GOOG dilleet
To paraphrase a John Prine song: A question isn't really a question when you know the answer to.
massive databases with information on the habits and proclivities of gazillions of people, much gathered without their explicit permission:. Yeah, that is benign, right?
Isn't that the case? I have never been asked if it is ok with me for a search company to gather and store that info. Have you? At least when you make a cash purchase at a Radio Shack they ask you for your phone number. I refuse to give it. One time they gave me some guff about it and I inquired whether they wanted me to buy the product there or from a competitor. They sold it to me without knowing my phone number.
OT: REDF knife still falling, it seems :). eom.
Google is evil and I would not trust them any further than I can throw them.
Nor would I buy or recommend the buying of their shares :).
Bootz Holding Apple
You should be worried. I sold that which I bought yesterday and was delighted to get out with a small gain.
Having said that, who the frack knows what is going to happen and exactly when it is going to happen and exactly how the market is going to react to it?
I have a small position left over from the January trades that I will continue to hold. Will look to buy some in the 55-60 range absent any major product introductions. But, no assurances on that, I am a wild man capable of many things :).
Yesterday's Apple gone at bell for 68.81 - small gain. eom.
OT: REDF; buying opp?
Songbird
It is going to be interesting to watch the dynamic between the who good jukebox software or other piece of the pie on the one hand thing and the whole freaking ball of wax including gazillions of iPod ecosystem products on the other hand thing.
I think we can hypothesize an outcome over the next year or two.
Lisa, when you say intermediate term
What kind of time frame do you mean?
100 is not completely out of the question
What I found interesting was his 2007 earnings estimates - $4.75 - if that is anywhere near reality then $160-200 is probably closer to the mark 18 months from now.
Analyst hypothesizes that transition risk if built into current share price
Apple Shares Already Reflect Intel Risks
Maya Roney, 02.08.06, 5:02 PM ET
UBS Investment Research analyst Benjamin A. Reitzes maintained a "buy" rating and $100 price target on Apple Computer, believing several fundamental positives exist over the long term despite near-term risks from the company's transition to Intel.
To date, Apple (nasdaq: AAPL - news - people ) has launched two Intel (nasdaq: INTC - news - people )-based Macs out of its six product lines, with the rest of the line-up scheduled to transition by calendar year-end.
"We believe transition risks are reflected in shares and momentum can build into fiscal 2007 with new products," wrote Reitzes in an investor note Wednesday.
The analyst said he remains confident in Apple’s product roadmap, which includes new iBooks, a 'media hub,' new iPods into year-end and even a new cell phone.
Reitzes is forecasting a 9% year-over-year decline in Mac units to 979,000 in the second quarter, but expects unit growth to recover into fiscal 2007.
His fiscal 2006 and 2007 earnings per share estimates for Apple remain $2.14 and $4.75, respectively.
Apple trades at 22 times Reitzes' calendar 2007 estimate.
http://www.forbes.com/2006/02/08/apple-intel-0208markets16.html?partner=yahootix
dilleet, out at 85, in at 67
I didn't do all my selling at 85, some of it was in the mid 70's.
Of course it can go lower - which is one of the reasons I bought a small amount. I rarely buy the whole position I think I want at one time any more.
Glad I make you wince some too - restores some balance to my universe :).
Have worked my way down to 0% PM stocks over the past couple of weeks, finishing up the job today. Have cash, will hold for now.
Over 60% cash now.
and leaving for the day job
bought at 68.25 - same # of shares as the previously referenced sell in January.
I think I shall nibble on a few Apples today
Sold 1/4 of our position on Jan 17 for 85.27. May buy all or some of those back today.
Ron
up to 40% cash now
There are going to be some bargains out there - some way good risk-reward profiles - one of these days :).
REDF
I do not follow it, so I do not know what you mean by a logical 15, nor do I understand how you would have been taken out at 13 with a stop loss at 15 <color me confused>.
It does not automatically follow that you would have missedd the run up to $28. You could have easily bought back in. I did that with GRS last week. Half the shares were taken out via a stop-loss. That evening there was great news. I broke one of my rules and chased it in pre-market, buying twice as many shares as were taken in with the stop loss order. Closed a bit lower than I paid for those additional shares.
Was up 7% today, so I am feeling pretty good about my decision.
Getting taken out by a stop loss does not mean never buying the stock again....unless you have a personal rule you cannot break.
If I were to play India, I'd probably start out with MINDZ and then start learning enough to consider buying stocks in individual companies.
edit: double post
kcmw, stop loss
I know all the arguements well. I do not have stop loss orders on all my position. I use them some. If you place them a bit below where you expect support.....
next time everything is not different, mostly.
appplecider: Also seems to me that the stops, while imposing some discipline, also ensure that you sell at a lower price.
That is so. I did sell some at over 80 and at around 75. Part of using a stop loss is, well to sell the stock at a pre-determined price - kinda of a this far and no farther statement. Still holding some, and even with the losses today our combined IRAs hit another all time high today.
A stop loss does not ensure you sell at a lower price unless the lower price gets hit. The biggest lesson I have learned since 1998, when I started managing our investments, is that the avoidance of big losses may be the key to consistently above the indices returns. Stop loss orders are a part of that risk management strategy.
You are not going to be right all the time, even when you have done a good job of stock-picking, your timing will sometimes be off. Stop-loss orders can save you money.
We have 1/4 of the shares we held going into MacWorld - of those gone, 2/3rds were gone before earnings, the other 1/3 was stopped at today @ $69. We, of course, have none of the calls we held going into MacWorld. They were all gone by the end of that day, if I remember correctly and I am pretty sure I do.
The last 1/4 of the shares we'll probably hold to zero *grin*.
Ron
Bootz's four stocks not named AAPL
I had 3 positions up more than 3% - two of them up between 7 and 8%. Only two positions joined Apple in downward movement, while the rest were up less than 3%.
Been having fun :)
Bootz, good sale, I am guessing :). eom.
First respond to reality
I dunno about that, but I do know that I have been making more money more consistently over the past year that I had been previously. The biggest change has been selling losers faster and making a habit of taking profits. Sometimes, as with Apple January options, it meant missing the top by quite a bit but I can hardly be bothered too much by the thought that I coulda made a bunch more than I did :).
Apple will become clearer with time. My intitial thoughs are that the second half of the calendar year may provide another good run, and I may nibble in a bit before then. That is another change I have made; I am doing a lot more buying and selling of partial positions.
No halfway reasonable explanation here, but today's AAPL action is one reason I like having stop loss orders on some positions.
At some point it will be a raging buy again - don't know where and haven't thought about it much yet.
Up to 30% cash now. Some day metals will correct taking out some stop losses and cash amount will go higher. Soneday energy will also, I imagine, but the combination of Apple, metals and energy sure has served me well for the past half year.
Ron
AAPL, stopped out on 60% of remaining position.
Metal stocks flying. Portfolio at all time high.
Happy Monday to you
Have wonderful weeks. It is off to a good start. I'm up, had coffee, am breathing - the important stuff is good :). All holdings are green at this early point of the morning, which is icing on the cake.
Barbera sounds like he is making another short to intermediate top call in gold and silver stocks again.
Could be right this time. I'm going to tighten up some stops today - would be nice to go into a correction with a bunch of cash, if that is what is gonna happen. I've done it the other way before and I don't remember it being much fun.
Another pretty good week in the markets
11 positions, 10 up...but many were showing some weakness as the week wore on.
Stopped out of Goldcorp for a good gain. If the weakness keeps up, will be stopped out of some other positions. Very satisfying year so far.
Wonder what we'll see in the energy and metals markets as a result of the Iran saber rattling and backing off of rattling this weekend.
I figure as long as Don Rumsfeld is allowed to speak, odds are Venezuela will remain an issue :)
Lots of stuff going on out there.
CapEx is being subsidized and underwritten by the gracious people of Alberta and the Canadian government.
These gracious people are getting a check from the Government of Alberta - their share of the natural resource bounty of the province.
The price I have read is $30 a barrel.
Oil Sand companies have been going nuts, and there have been visitors there from China and the rest of the planet.
OT: oil and stuff
I think CA has a program approved or proposed that would install massive banks of solar cells on building all over the state. Green/alternate energy is sure to get a lot of attention and money flow.
I think there may be a lot of money to be made in oil - but as other technologies, specifically coal liquefaction, become more and more feasible oil may lose some of its luster. When or how this happens, I do not know.
I do know, from an investment viewpoint, that I have shares in RSNRX, a fund that holds a lot of energy companies across the spectrum - oil, gas, services, coal etc... I also hold PBW and ESLR. I consider all these long term hold positions.
Anyone capitulating today? EOM
OT: dilly,
It is a standard one year chart from Yahoo. Nothing nefarious about it. Google was reported to have had a pretty good year over that time period, and it did.
Still electrons and clever boys and a darn expensive stock and far more risk than I care to take on. I have not done much DD on it as I have no intention of buying it directly, so I am sure your comments are much better informed than mine.
OT Bootz, PAL
I have one PGM mining stock, a junior. Small position. Good luck with PAL
Oh, one more thing
Precious metals are entering a time of the year when there is a history of weakness, so please do not look at that chart or read anything I say and decide to buy some without doing adequate DD.
Only took me about 3 or 4 years to do minimmally adequate DD on the sector.
dilleet: GOOG vs. some of the miners I hold
dilleet Of course I am comparing them
The shares of emerging precious metals miners and those that have rising production profiles through 2008 have far more upside than google - maybe an order of magnitude higher.
There is substance there beyond electrons and clever boys :)
Ron
Gammon Lake starts pouring ore and has bonanza grade discovery, it sounds like
http://biz.yahoo.com/prnews/060201/to122.html?.v=19