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.
stock_peeker: ASPN
I heat with ngas. The utility company is going to get all of my ASPN profits--lol!
Again, I wish they'd move to the AMEX or NAZSC.
bbotcs
10 bagger:
Thanks for TOFC. I don't want to see a Fed Chairman who isn't a strong inflation fighter like Greenspan. Everybody rags on ol' Al, but how much inflation has there been in the past 10 years?
We need an exceptional Fed Chairman. If the Wall Street crowd down't like whoever it is, look out.
bbotcs
lentinman:
That was interesting. Thank you. But I'll stick to my guns and say that October is going to be a bad month in the market. I just don't see anything on the horizon that could give the market a boost.
bbotcs
ASPN: Earnings should be out this week.
Something tells me that October is going to be an awful month for the market not only because it usually is but because the next earnings report season isn't until November. A boring month.
We've had economic disruptions because of the hurricanes, rising oil prices, rising interests rates, and we don't know the impact yet of the disruption to the o&g industry in the Gulf. The wild card as I see it is the weather. A prolonged warm period this fall would be VERY good news. It would delay high heating costs for the consumer and it would delay the flu season.
There doesn't seem to be a lot of "irrational exuberance" on this board either. Which brings to mind that the changing of the guard at the Fed is a major negative overhanging on the market, imo. You know what they say--the market don't like no uncertainty.
Oct. might be a good month to sit on cash and play the wait-and-see game. Or to sell some covered calls. If anybody knows of anything that could turbocharge the market in the weeks ahead, speak up.
CPE--Interesting
Forbes has an "article" out today listing 5 cheap growth stocks. CPE is one of them. They predict annual earnings growth of 18 percent. So let's get a price target.
Conservative eps is $1.50. Multiply by 18 and you get $27 as a fair value. CPE is trading around $20.
This stock is in the oil industry. Apparently there is a $7 per share hurricane penalty right now.
If CPE makes it through this season with no major problem, there is a possibility of getting a 35 percent return in 12 months, maybe sooner. I am thinking that $1.50 per share could prove to be too low.
Disclosure: I own only 200 shares. I did own about 1500 shares, but bailed out several months ago on hurricane worries.
If they dodge the hurricane bullet and this stays around $20, I'm backing up Cramer's truck.
CPE--back to 52-week high on fairly low volume. Does somebody know something about potential hurricane damage? If this company dodges the storm bullets, my prediction is that we'll see Bobwin's old prediction--$25 per share--and that was before oil prices pushed $60 a barrel. (This is one of my pick-6's. Maybe it'll get me back into the top 10 this week.)
The hurricane season ain't over.
blue_in_MI:
(By the way, are you blue because of what your heating bill in Mich. will be this winter? Or, are you blue because you keep the thermostat down low?)
All kidding aside, I hope that PDGE can staff their business adequately to meet the anticipated demand.
They are in the right business at the right time. The timing of the recent acquisition was almost incredible.
This is one to follow closely on a daily basis.
bbotcs
wadegarret: STV
I hope that they put out a PR early in the week saying whether there was any hurricane damage that affects them.
If they have dodged the bullet, I'm looking for a cakewalk to $30.
Should be an interesting week.
bbotcs
jnmcda9:
Don't think that PDGE would get much business from that. The mold in N.O. is growing like kudzu vines. Getting rid of it requires getting a pump-action spray can and applying bleach. Also, many of those houses in N.O. are going to be razed. By the time the inhabitants return, they won't be able to live in their houses.
N.O. is going to be a state-of-the art city, with new housing. It will be a prototype for broadband and wireless communication for the rest of the country. In other words, it will be a rich man's city.
I look at PDGE's mold business as something that will produce slow, steady growth. Mold is the silent killer. It gets under the drywall. In N.O., the mold is everywhere. If you can see it, you can get rid of it with a lot of elbow grease.
reddolphin/MSGI/Lentinman:
Rouge: Get with the program. I changed my signature from bbotcs to bbtocs because of this board! You can sign your posts with Rouge, and it you don't like French, use Red. Good name for a beach motel--The Red Dolphin. A communist marine mammal!
MSGI: Okay, I'll bite. VPHM is the big one? I think that you have mentioned what your big holding is somewhere along the line, but I don't remember.
Lentinman: Week 13. That is the reason I ended up out of the top 10! Now, if CPE has dodged Rita without a lot of damage, it might make a move and get me back in the top of the pops. Of course, Philippe is out there. And October is a long month. My guess is that whoever wins the contest will have PDGE as one of his picks. On another subject, STV, which is headquartered in Houston, should have a pretty good week next week. I can see it creeping up to $30. If it does, as Rouge might say, "Au revoir!" to maybe half of my holdings. Wish I had put STV instead of CPE in the mix.
Rita is far from over. I sure hope that it doesn't double back and dump a ton of rain along the Gulf Coast.
bbotcs
lentinman:
If this is the end of week 13 and it is a 6-month contest, we ARE half-way there, or am I missing something?
I agree that the composition of the top 10 could change dramatically. Of course, when VPHM and ASPN are each trading at $50 at the end of the year, I'll have it locked. LOL!
bbtocs
I'm a nervous wreck. In the midweek update, I had dropped to 11th place. This might be my first week out of the top 10. I had better borrow some valium in case it really happens (COL). COL=crying out loud Okay, I can hear you thinking "for crying out loud is more like it".
Gee, I guess there is no way that I could ever win any way if MDF stays mired down. Of course VPHM could go ballistic, but there are lots of people who have picked VPHM too. Ah, maybe I just have the summer is over blues.
I am doing well in VPHM and STV. Have I lost my mind?. I have resorted to talking to myself here. Doing well seems to have become more important than making the actual money on my picks. I HAVE LOST IT--my mind, that is. And probably the contest.
Gee, maybe I really wouldn't want to win. My 6 stock picks for the contest are maybe 20 percent of my total portfolio. Yeah, that's right. It would be depressing to win.
Ah, I've made myself feel better.
Wonder when SSKILZ is going to post the results for this week. I have almost chewed my fingernails down to the cuticles.
They're coming to take me away, ah ha.
roguedolphin:
Interesting to say the least. I see the day when China locks in Russia's vast oil reserves--one way or the other. By that I mean by diplomacy or by force. Russia is an economic, political and military disaster. That makes for vulnerability to a military attack. China is militarizing fast. Their treatment of Taiwan shows that they can be bullies.
By the way, I think discussionw like this belong on the VMC survey board. Just my opinion.
bbtocs
To take Lentinman's oil price survey, go to the top of the list of messages on this board and you'll see the word "survey". Click and you are there. There are only 2 multiple choice questions--it takes about 45 seconds to complete the whole thing. Nothing to it. Easy as pie.
Lentinman:
I came here looking for the survey on the price of oil you talked about on the main board. What I find is a discussion of O'Reilly and Jerry Rivers (his real name).
So let me put in my 2 cents worth. I agree that O'Reilly is a real bore. His interrupting speakers is annoying and his calling all of the women guests "madam" borders on condescendion. The sex scandal of his was overblown, imo. It sounded to me as those there was some licentious talk that was the result of after hours boozing in restaurants. My guess is that the poor girl had a thing for him and it fed his ego, which he loved, so he talked dirty, she responded with attention, and there was a vicious cycle that got him in the end. O'Reilly has admitted to being into disco dancing when it was the rage and he was pretty old when he finally tied the knot. Sounds like he was quite the playboy. Whatever the situation with the sex-harassment accuser, I think that he migh thave been the not-so-innocent victim of a shakedown. Just my opinion. I wasn't there.
Now Geraldo. I can sum him up in a few words-- a big joke. He is an attention addict, and the N.Y. Times business was like feeding dope to a junkie. He loved it. Once the N.Y. Times accusation hit the streets, he went from one Fox program to another whining. The man probably has a big picture of his face painted on his bedroom ceiling so the first thing that he sees in the morning is himself.
Geraldo is a waste of airwaves. At least O'Reilly accomplishes good deeds every now and then. I like what he did in the Jessica Lunsford case--going after the human garbage that harbored the perpetrator. Don't forget, that subhumanoid buried the poor child alive, and the State's Attorney did not want to go after the accomplices. Unbelieveable. O'Reilly went on a crusade to bring them to justice. I don't know that he succeeded, but he sure tried hard.
I guess that was more like 4 cents' worth!
bbtocs
Just my 2 cents. So where's the survey? I want to vote for $50 a barrel.
bbtocs
otcbargains: Pray that it goes to New Orleans where it belongs. By the way, most of the new construction in Galveston in recent years has been in the part of the island where there is no seawall.
What a mess. I hope that your family evacuates.
bbtocs
Okay, Lentinman, fess up. You're the guy who made that call to Cramer about AOB last night. And you recorded the call and made a transcript, too! You cannot fool me.
ksauve: good little company. good luck.
DCTH: I don't check this board as often as I could. Gilead's and KSuave's posts on DCTH got my attention, so I checked out DCTH a little. What is all of the ballyho about? The stock didn't even make its average daily volume today. Did someone look into a crystal ball that shows it will pop. Help me out here.
lentinman and stanu78: Were you guys watching the same program?
If you think Hurricane Rita can affect your investments, here is a great place to get updates on the storm:
http://www.investorshub.com
Go to this board: Value Microcaps.
The weather guy is Len!
He just did a piece on how the velocity of the storm could affect land.
His tie was a little loud, but what the heck.
msgi: CAV Don't you know by now that analysts downgrade stocks so the firm can get its big clients in. Then, after the big guys load up the truck, they upgrade. Same old, same old, as they say.
I'm in CAV. Again, this ain't a long-term hold.
bbtocs
Bobwins: Good one! The Beatles were ahead of my time, but not by much.
Ngas prices spiked this morning then backed down a little. I heard a guy on CNBC warn of a shortage this winter.
ASPN isn't really doing much. I wish those guys would move the stock to another board. This is getting ridiculous.
Of course, if "the meter maid" disrupts the shipping and O&G industries along the Texas gulf coast to any extent, the U.S. might flip into a big recession. That would not be good for O&G. Hard to predict.
To be honest, the best scenario for Rita would be if it were to hit New Orleans again. The place is already depopulated and FEMA and the relief agencies already are there. That would cause the least disruption to the U.S. economy.
My guess is that Len will have a date with Rita on Friday evening and we'll know how it went early Saturday a.m. When there is a hurricane approaching the U.S., Lentinman never sleeps! LOL.
bbtocs
So, which song is Rita going to pick on the juke box:
"Walking to New Orleans" (by Chuck Berry)
"Galveston"(by Glen Campbell)
"Houston" (by the Gatlin Bros.)
Oil--$68.10 (9:40 a.m. EDT; 6:40 PDT). The Lentinman Stock Market Crash of 2005 might come sooner than later!
lentinman: Katrina
You snooze, you lose. It is now a category 4, and I'm not certain it won't go to a 5.
Saw a real interesting forecast on CNN last night. Beautiful in its simplicity. The movement of the hurricane depends on the high pressure system that is above it--maybe over 1/2 of the U.S. The more slowly it moves east, the more westerly/southwesterly Rita goes. It if moves our fast, look out New Oreleans--Rita will move northeasterly. So keep your eye glued to that high pressure system.
bbtocs
lentinman:
If Rita hits Houston, or Galveston or Port Arthur as a 5, that will be it for the stock market for the rest of the year.
bbtocs
GIFI folks. Finally looking like it has a little backbone. Either this stock is very overlooked or it is a false alarm. I'm in, apparently for the long haul!
midas: TVIN
Things are going to be toxic in Louisiana for a long time. It seems reasonable to think TVIN will get some orders for decontamination tents. After you mess around in that stuff, you are going to need to be decontaminated.
There has been a lot of talk again about the effects of a dirty nuke or other terrorist event. Big cities probably need 100 times the number of tents that they have purchased. I heard that it takes maybe 45 minutes (?) to recontaminate one person. To be honest, cities need permanent facilities that would permit thousands of people to be decontaminated FAST. short period.
The U.S. is so unprepared for a chemical or nuclear terrorist attack that it is criminal.
Go TVIN. Make us rich before that radioactive cloud rolls overhead. Behind every cloud there's a plutonium lining.
bbtocs
VSEC: Announced some new contracts last week. I cannot copy URL's anymore since I downloaded Yahoo's new toolbar. I need to find another homepage.
tbone58X:
Looks like the goddess of tropical storms is after people who lived in New Orleans. Could this one go to Houston?
By the way, I recently heard on TV that the polar ice caps melted about 8,000 years ago and North America was extremely cold, whatever that means, for 100 years. It would be ironic if global warming were a precursor to global freezing.
bbtocs
MSGI and other CAV holders:
This is really great. Let's hope that they get some more contracts.
This industry has been in the dumper for years. Cramer doesn't think that this industry is the way to play the hurricane, but I think that he is wrong.
Delivering a large number of homes to one buyer should improve their margins; not as many expenses related to sales and delivery. Plus, they should have the paperwork requirements for dealing with FEMA down pat after the 2004 contracts for Florida.
CAV has been around a while and has high visibility.
To be honest, though, if I get maybe a 30 percent gain, I'll get out. Fresh is my mind is the fact that only a few years ago, dealers couldn't give these homes away.
wadegarret: STV
We're back in business. Your buy high because it is going higher tactic is working.
STV announced a $5.6M contract yesterday.
Volume today is about 3X normal volume and it is only 1:55 p.m.
The short term investors have taken their money and run. A few more contract wins and we should push to $30.
Long and VERY strong in this one. My personal target is $35. Might get there is a year. This stock should be kind of recession proof. Roads and bridges have to be repaired.
Wish I had added when it dipped to the $20's. Don't have that kind of nerve.
bbtocs
Bobwins: Gold
First, nice call on GG. I'm up 50 percent since you mentioned it here. Also, took a flier with DEZ--up a little too.
Heard on CNBC this a.m. that there is higher demand for gold in India at this time of year--wedding season. So, I guess if we get past all of those nuptials and the price per ounce holds, good things might be ahead for gold shareholders. We already have had a great year.
Talking about inflation--it will be real interesting to see what Mr. Greenspan does. Will the drag on the economy caused by the storm be enough to offset the effects of rising oil prices and all of the money that that drunken sailor Uncle Sam will be throwing into the economy for rebuilding.
Stay tuned. If "the market" doesn't like the new Fed Chairman, whoever that will be, get out of the way boys. Gold should move like a runaway train.
Bobwins: VPHM
And, brokerage house price targets tend to be on the conservative side.
bbtocs (who is doubly happy because VPHM is one of my pick 6 stocks)
wadegarret: STV
And I think that it will be $18 within 7 trading days.
PDGE: This is all that I need to hear:
"Growth in revenues and, more importantly, earnings continued in the second quarter thanks to solid organic growth and focusing on improving operating efficiencies. The recently announced acquisition of Flagship Services Group will start to enhance our revenues and earnings, and with the tremendous demand for our combined services as a result of Hurricane Katrina, we are anticipating continued growth in revenues and earnings in the second six months."
"Tremendous demand"
cleverox: No way on DAAT. Your target of $3.50 is too low. The 52-week high is $3.65. If the next quarter is good, it should fly by $3.65. Time'll tell.
Bobwins: EGY
You were a smart cookie to dump your shares. I'd say this stock represents dead money for about a year. It's performance during a time of rising oil prices has been nothing short of sad. And now this.
PDGE: Swanlinbar
Wow is right. This stock had a low PE before the recent acquisition. Then the hurricane comes along. Volume very good today. It is finally getting the attention that it deserves. Bought some more this a.m.
bbtocs