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Bobwins:
Thanks for your oil list. Like Lentinman, I own the top 3 plus CHAR. Will reenter CPE if Emily misses them and it looks like the end of the Gulf storms. Sold out a point too soon, but I wasn't going to take a chance on Dennis.
You have given me the idea to add to my EGY position.
bbotcs
MSGI: small caps
Also, 20-year-olds out of college and new retirees who want to get in on the action are a new "market" for small caps. I wouldn't worry.
bbotcs
You, You, You Investors--Universal out with earnings today. Not that spectacular. Sequential increase in revs about equal to sequential increase in cost of goods sold.
Still sitting on the fence.
sskillzi: Thanks. This is fun, at least while I am near the top. LOL.
MSGI--small caps
I think the rules have changed now that people are on the internet and there are millions of little guys like us getting information that wasn't available pre-internet.
Imo the 2000 bubble was the result of Americans getting their first home computers in the latter half of the 1990s. So much info on stocks--so little time to learn how to use it.
Before the internet, the big Wall Street brokerages controlled the information on companies, and they tended to look down their noses on small caps. They weren't going to make the big bucks doing primary and secondary offerings in small caps.
The internet has changed the investment scene. Small caps are here to stay as long as there are guys like us logging onto our computers every morning.
Long live the Internet.
Hi, schmoopy:
I finally bought some today, after reading a patentlawmeister post on VM. Didn't get a big position because I want to see more orders for M-700s first.
Do we know whether the company is exploring sales options in China? That information probably is buried somewhere in the 10K.
So, we sit and wait for the next 10Q, due in August.
Keep up the good work with the posts here.
bbotcs
CREAF: I came across this company while dd'ing AAPL. It has been moving lately, but on unspectacular volume. What hit me in the eye was the dividend. I think it was a special dividend, but what a yield if they repeat it again this year.
Probably won't buy this because AAPL has the cheap versions of the IPOD to unload.
Considering how AAPL is doing after hours, maybe the play is AAPL?
Anybody got anything good to say about CREAF, just holler.
reseracher59: ASPN
Thanks for the update. But if I am going to with the pick-6 contest, they have to get moving!
bbotcs
Midas: TVIN
Let me get this straight. If I buy TVIN today, I'll definitely be able to sell those shares at $12? Sounds like a good deal. Just kidding of course.
What this company does have going for it are lots of contacts for sales of its new products, meaning the tent purchasers.
I am sort of surprised that the stock's move following the London mess wasn't a little better.
This stock has gotten stuck in the mud. Cramer must be getting to me. SELL SELL SELL.
By the way, I listened to him once and sold, missing a 7-point gain afterward.
As Sting would say, "I'll be watching".
bbotcs
midas4longterm:
I am starting to get interested in this little company. There were some more scares in the U.K. today. Also, the subway bombers were suiciders, which has the British people completely freaked out. We should be freaking out 2 2 tell the truth. ill think hard about but I'd prefer to find a VM that is in the explosives detection area. TVIN's performance over the past year has been a real yawn, judging from the chart. Good company, bad stock?
bbotcs
lentinman: IPII
Agree with you. In deciding whether to sell into this hurricane rally I put the PE on one side of the scale and the float on the other side. The PE side sank so I sold nearly all of my position. It is never a good thing to ignore a PE--forward or trailing. It IPII drifts back down to $17 or cheaper while there are no hurricanes in the forecase, I'll buy back maybe half of the shares that I sold. I think that the stock should've done a lot better than it did today if you take into account that float.
Construction stocks aren't high tech.
bbotcs
Man-oh-man: Put in limit order for VSR at 5.05, which was the "ask". This is the one time I should've used a market order. I check back maybe 10 minutes later and it 35 cents higher. That could've been the trade!
CPE--Elvis has left the building. It seems like the guys who know think the storm isn't going to have a big impact on their operations. Otherwise, why would the price go up today? Because the price of oil is going up? If they are out of operation to some extent for a few months, how are they going to benefit from the higher oil? I ain't taking any changes with a Stage 4 hurricane.
ALY--thanks to whoever spotted this. Have a nice move already.
Booya skeedaddy. You gotta be as whacko as Cramer to stick with this game.
CPE up on low volume. Nobody every said that masochists don't play the market.
Dennis at Stage 4. Man, that is not good. Maybe I should've unloaded all of the CPE.
This has to be positive for IPII because I don't think they will get hurt from this one.
Sincerely,
Future Pick-6-VMs winner!
Sold half of CPE and half of IPII on hurricane worries. Plan to buy both back at lower prices. Risk is that if hurricane doesn't damage IPII's centers but does do some Florida damage, the stock could rock with that low float. Don't wanna risk it.
Why CPE hasn't sold off is beyond me. The news people are saying that offshore platforms are shutting down. Haven't been following the storm too closely, so maybe the projected path is away from CPE's projects. Will know in a few days.
If last years storms pushed down IPII and CPE temporarily, why wouldn't it happen this time around?
Hope Dennis stays away from wherever JMIH is setting up shop on the West Coast of Florida.
This hurricane stuff creates an exciting edge if you are in Florida stocks. And the fun is just beginning. At least with half of my IPII gone (at a nice profit--thanks), I won't have to sweat bullets when the first big storm goes up the Atlantic.
Batten down the hatches fellow CPE-IPII-JMIH investors.
wadegarret: MFIC
A PE of 30 or less should be okay for considering a purchase, if you think Jim Cramer is right. If I heard him right, which is in doubt, he likes a company if it sells for less than twice its growth rate. So, if they grow earnings by 15 percent, I guess he means that a PE under 30 means undervalued.
I might be out to lunch on this.
I'll wait on MFIC until I see some more sales. Their equipment isn't going to fly out the door like cell phone accessories.
bbotcs
shmoopy38:
Thank you. Very interesting. Won't see them in an aisle display at your local WalMart. The gross margin seems pretty respectable.
bbotcs
MFIC: shmoopy-patentlaw--Bobwins
Does anyone know what the machines cost and what the profit margin is on each sale?
bbotcs
shmoton:
Won't you feel kind of dumb if you win the contest, then?
researcher59:
Okay, okay, bring it on, bring it on. Better to get the things out of the way early in the season. Stage 3 would be bad, but not as bad as a 4. A 4 could cause CPE to lose some real money. Hope Dennis moves through fast.
JMIH is at risk of sustaining hurricane damage--on two coasts.
You always have that risk when you invest in companies that operate in that part of the U.S.
bbotcs
Bobwins: IPII
Reading your post made me realize that I have hedged my bet on CPE. Hurricanes and tropical storms--no problem. IPII will bounce. Calm weather, no problem, CPE doesn't seem so risky.
I am not following the current storm. The last 2 up the Gulf were minor ones, thank heavens. (I am talking from the perspective of a CPE investor!)
bbotcs
IPII--still strong on triple the average volume, give or take. Wonder what's up? Next 10Q is due in August if memory serves me correctly. Hedge fund buying? Mutual fund? Who knows, who cares, with a nice pop like this.
gilead23: JMIH
I thought that JMIH also sells boats in the $100K range. That is not a lot of money for a boat. What are the demographics on JMIH's customers? That would be good question to ask the CEO--"Who is buying the damn things?" Well, guess I'm not the one to ask it. LOL.
I still own 5K shares of JMIH. My thinking is that the likelihood of JMIH being a homerun play has diminished since oil has gone up and might go up further. If this thing pans out, 5K shares at say a buck or higher would be enough to buy me a used outboard motor after taxes.
bbotcs
wadegarret: JMIH
Not everyone who buys a recreational boat is rich. People who already own a boat (say a 30-ft.) but are using them less this year because of the increase in fuel costs are going to be a less inclined to trade up.
The increase in fuel costs definitely will hurt boat sales. That is just common sense. And, higher fuel costs translates into lower sales of vehicles that do not get good mpg's. Know anyone who has run out and bought a Lincoln Navigator lately?
JMO.
bbotcs
kozuh:
Thanks for the price update on NGAS. It is helpful to us PDGE investors who don't know how to get quotes.
bbotcs
JMIH--anecdotal reason to sell
Sold 2/3 of my JMIH today. A friend who owns a boat said that the higher fuel costs are hurting sales. Also, boat traffic is down. People aren't taking them out as often due to the high fuel costs. Lower usage also translates into lower new purchases long term. In fact, it throws more boats on the resale market as people decide it's too expensive to run them.
Wish this weren't the situation, but for the time being that's the way things are.
bbotcs
otcbargains: I wanted to use IPT too, but I don't think it earned a profit in the most recent quarter.
My picks--more of the usual suspects--
ALY--ASPN--CPE--MDF--TGA--VPHM
What is EGY's problem. 10K lots are going by on the streaming tape. Someone or ones is dumping bigtime. Negative news coming?
ENY--shows that it pays to listen to Bobwins. He had this one pegged as a piece of junk. Wonder if Bobwins has awakened from his morning nap. LOL!
ENY--tanked. Anyone know the deal with this lawsuit?
ngas: First Albany initiated coverage with a Strong Buy. That is why is it up, I guess.
10bagger:
I heard you on the first pound a few months back. I'm in for 1K. Maybe I can roll my future enormous profits into some small-cap banks!
bbotcs
swb173:
I agree with you about the monthly numbers for Vancocin being known. Wish we could fast-forward to Friday. Everything about the market is so crooked that I believe the closing price on Thursday could be anywhere. It's a jungle out there.
Good luck to all of the VPHM holders.
bbotcs
MSGI:
I'm holding onto my VPHM too. I'll keep my VM O&G plays of course--EGY, TGA, CHAR, CPE, etc..
I really cannot see this market holding its own if this oil thing continues. It is going to hurt China too. It takes energy to run those factories. I haven't overloaded on China plays thankfully.
You know the Japanese saw this coming. They hatched their plan to convert their entire fleet to hybrids a long time ago. I think that they expect to be making all hybrids within 4 or 5 years.
When gasoline is $3 a gallon, nobody in their right mind will want to buy a vehicle that gets 20 mpg. If you check the mileage of the new cars in "Consumers' Reports" you'll discover that most new cars, trucks, suv's still are gas hogs.
bbotcs
One more thing about the price of oil, and this is important.
If oil continues to rise, I guarantee you that the general market is going to tank. Somebody here a few days ago already said it is time to lighten up. One more dollar per barrel and I'll be dumping stuff. FWIW, which ain't much. But there's no worse feeling that having most of your stuff go down and you don't have enough cash to buy stuff on the cheap.
avandalay05:
From what I have read and heard on the news, things aren't all that stable in Egypt. I think the fact that TransGlobal is a Canadian company is a plus in that they probably would run into less trouble than an American company if Egypt, like Iran, went anti-West. It is hard to know the real story from this far away.
Things should be interesting though.
On another note, wish I lived in a city where that King Tut exhibit will be.
bbotcs
cws9:
That is why it sometimes pays to wait until the last minute to make your picks.
TGA--Block 72 in Yemen could be the one to push this company through the roof since TGA has a 33 percent working interest.
Also it could skyrocket if they produce just one good well in Egypt. The vultures will swoop down on TGA.
I do everything bass ackwards. Own 500 shares of TGA and 3K shares of EGY. Oh well, errr, make that wells.
kozuh: Thanks for the TGA update. (And don't dis the guy who wears a white hat.)
Steve:
Great minds think alike--LOL!