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JMIH:
Let it drop, let it drop, let it drop. (To the tune of "Let It Snow", Kozuh.)
The more that it goes down, the cheaper for us. A gain of 300-500 percent might be conservative. Why couldn't it go up 10X?
If you assign a growth PE of 30, if they eventually earn say, .25, you do the arithmetic. Assign a PE of 20, 15. If they can stay profitable and grow, this will be a homerun stock.
As micro's go, this seems to be a no-brainer. Maybe we have no brains if we invest in this. LOL!
bbotcs
lentinman: Please have mercy on us. Delete all posts that mention Kudlow. Start with this one. TIA.
ET--Anybody think that there is a play here? There still is talk that they will make an offer for AMTD, which is swallowing TD.
I don't think that this is such good news for the little guy, a/k/a, us. Consolidation is going to result in higher commissioners.
Bobwins:
Thanks for the good work on Terra Energy. It looks very interesting. Will follow the new board and maybe add another Canadian junior to the list.
re:GG Woke up early and flipped on CNBC. A Morgan Stanley metals analyst was on. He said gold tends to go up in the fall because of holiday buying in India? Not sure about this because I was pretty groggy. Maybe he said in U.S., but I'd swear he said India.
We all probably should have a really good silver play. If gold did go through the roof, silver would go up too. Jewelers definitely would shift some of their production to making vermeil/Technibond --thin layer of gold over sterling silver.
The analyst said that the high for gold was around $1300 an ounce. My thought on that is that if that happened again, gold would be overpriced for most consumers and silver would be the metal of choice.
bbotcs
kozuh: GERN
That is certainly great news for mice. Now, if GERN could come up with something to regenerate retina cells in mice, kindergarteners could stop singing "Three Blind Mice".
Actually, I saw GERN on the streaming tape so much that I bought 300 shares after some investigation. I appreciate your posting the news. It is big.
bbotcs
Warning: If the price of oil drops by $10 a barrel next week, I am going to win this contest with one hand tied behind my back.
LOL. bbotcs
ENY:
Forgot that I bought this last week. It has been doing great.
Up today.
Thanks Bobwins, larrybaz and whoever else follows this one.
bbotcs
wadegarrett:
Definitely it is risky to hold a real-estate stock. When the bubble bursts, Florida will get hit too. But, I think that Florida will recover fairly quickly because people die there in great numbers (retirees) which puts units on the market continually, housing still is relatively cheap when you get away from the coasts, and East Coast baby boomers are going to retire there like swarms of insects. Not to mention the burgeoning immigrant population. I think that Arizona will recover fairly quickly too.
I ain't selling my IPII for less than $25. You can always have hurricanes during a recession.
bbotcs
echos:
Good post. Common sense. People in their 20's, whether couples or singles, are going to find it very hard to buy a house or condo. People who divorce are going to be in big trouble when they go looking for affordable housing. These prices cannot be sustained. Are wages are going up 20, 30 percent a year? Heck no.
You know you are in a bubble when you have flipping.
I don't care what the experts call it. To me its a bubble.
I lost enough in the market to know a bubble when I see one.
Lentiman?
bbotcs
larrybaz--UUU
Since this symbol is a hoot--you, you, you--I couldn't resist and looked at the company. My guess on the move might be that they got a lot of orders at that trade show mentioned in the PR.
Not buying because it is too near the 52-week-high. Interesting little company.
bbotcs
Rrainman9999: PAR.ol
Thank you. Wish I had this info a couple of months ago. I'd be sitting on some real money. Better late than never.
bbotcs
RRainman9999:
Where are you getting your info on PAR and DNO? I cannot find any. Might have to resort to an online Norwegian newspaper that is translated.
bbotcs
ITER:
What is ITER going to buy for $400K, their approximate cash position? I smell dilution, convertible debentures, you name it.
Definitely one to keep on my watch list. Thanks.
bbotcs
wadegarret:
You make some interesting points. I think another number one dumb thing to do is to do your dd, stake your position, then not add to the position when the stock goes down. I did this with ROYL. Bought it in the $8's, watched it tank, did nothing, then watched it take off.
Have a good weekend.
bbotcs
Maybe I have been watching Cramer's "Mad Money" more than I should, but I think that I have found a "best-of-breed" China play that ain't cheap--CTrip (CTRP).
The mutual funds, institutions, brokerages all know this company.
Which makes me think that it could go ape whenever the next China stock frenzy happens. Most of the brokerages who follow it say, "Buy".
The balance sheet looks super clean, if you can believe a balance sheet prepared in Shanghai. (Okay, I'm being cynical but there is a lot of talk on tv about the crooked stuff that happens in China.)
Any of the fine folks here own this one? I am thinking it could be a low-risk multibagger over time.
They do travel arrangements for individual travelers, not tours.
The high price is a very big turnoff. Cramer has put it in my head that high price shouldn't chase you away. It doesn't chase me away, but it sure scares me. But I am drawn like a moth to the flame 'cause that balance sheet is so darn good looking.
bbotcs
sskillZI:
Thanks. That is an amazing performance. Check out the YTD returns on small-cap mutual funds, and you couldn't find anything that would come close.
Think what your return is when you cherry pick from the list.
OT: Where Lentinman?
bbotcs
Bobwins: CHAR
SOLD! err, I mean Bought! Your take is good enough for me.
Thanks.
bbotcs
clifvb: CHAR
Why would somebody invest in CHAR when TGA's and EGY's profit margins are so much higher than CHAR's? CHAR is almost at the 52-week high. TGA and EGY are not near their highs. What is the better value. I find CHAR interesting, but I have would have to have a compelling reason to chose it over the other two.
bbotcs
GNOLF.ob
SRGG.ob, the company mentioned in the recent press release, has very little cash. I guess that is of little consequence to Genoil, since they are structuring the deal so that they get a percentage of the oil revenues. Hope this doesn't turn out to be a lot of hot air. Genoil's stock is holding firm at 32 cents.
swb173: VPHM
I really didn't need to read that first thing in the morning, but thanks anyway because we really need to know about this disgusting bacterium.
[This is off on a tangent, but when a senior breaks a hip, the best way to go is to have the surgery done and get the person home with in-home care within a few days. Most elderyly people who break a hip dies from the complications.]
The article does validate my decision to invest in VPHM, so thanks again for the post.
bbotcs
Another high-risk Canadian energy play:
gnolf.pk This also trades on the Vancouver exchange, I believe. Somebody mentioned this one here months ago.
I have been following it since. They have a technology to convert heavy crude into light crude. A big oil producer in Canada has signed on to do a feasibility study. Genoil's cut would be 30 percent. If this pans out, gnolf definitely could change some zip codes. I bought a U.S.$650 lottery ticket. Might average down. Today's event definitely seems like something that would attract some attention to the stock. Do your own dd.
bbotcs
researcher59: STV
Checking this out makes me think that this is a really good company. A going concern would be an understatement. But, the stock doesn't seem to really react to good news. And I think that management could give the shareholders a dividend.
Overall, seems like a good play for a 50-percent return from this level. Probably will buy some. Thanks for the info.
bbotcs
VPMH: Bob, that was a helluva good job. A one. Top drawer.
Thanks a lot. And, I'll thank you again in a year or so when I take a nice profit out of VPHM. Good news and bad news: We are going to back a pile of money from our VPHM investment. The bad news: the evil bacteria is going to get us. LOL!
bbotcs
ROYL:
Got this one from RainMan. Is it too late to get in? Thanks.
bbotcs
PDGE: You guys sound like brokerage house analysts. Earnings came in a penny below VM expectations. To my way of thinking, they either are growing the business or they aren't. We'll know in a couple of quarters, especially if there aren't any major hurricanes. And please, don't anybody wish for hurricanes. That would really be sick.
I'm interested in the new acquisition. Will be interesting to see what that does for the bottom line.
To use a worn out expression--long and strong.
bbotcs
MSGI: VPHM
Question: How close is SGP to getting approval of Pleconril? Is that likely to happen this year?
bbotcs
sskillzi--MDF
If a 167 percent gain is a "failure", as you say, I want to fail every time!!
No, I think it is smart to take the 167 percent--"Nobody ever went broke taking a profit". But, if the company's fundamentals haven't changed and the outlook still looks good, it sometimes pays to sell maybe half and wait with the other half.
I bought MDF around $2.10 and will wait for $4. When (not if) it hits $4, I'll probably sell half and wait with the rest for maybe $8, $10, $12? In fact, the whole healthcare group should be like oil as the boomers age.
If there isn't major health care reform, there won't be enough hmo's, hospitals, nurses, skilled nursing facilities--you name it. It ain't gonna be pretty. There are going to be some big-time investment opportunites out there.
Regards - bbtocs,
Why investors fail:
I think that unless an investor is like us, pretty much on the job every day, they tend not to follow their stocks too closely. You have to read all of the news/prs/filings if you want to do the job right.
For 24/7 guys, I think the biggest mistake is not holding a stock long enough. Case in point: From what I have read on the VM board, lots of people jumped ship on MDF before it made it to $3. Even if you rode it from say, 75 cents to $2 and made a nice profit, you could have had another $1, or 133 percent of the original cost. 133 percent just for waiting. Sometimes you don't have to wait too long either.
My biggest problem is not waiting to buy. Case in point: THK. The day that I "discover" an undervalued micro, my heart starts to pound and I am off and running.
My 2-cents worth.
ROYL--volume upward of 500K on an uptick. Someone is buying.
Be interesting to see if there is a follow through on Monday.
gas man a/k/a kozuh--ROYL
As of 1:30, the volume was 10x the average daily volume--400K+.
EOM
niles_crane3:
You have quite a history with IMCL. If you look at the recent news and figure there will be more positive stuff coming, then consider that it is way off of the 52-week high, you probably have made the right decision. I'll be watching.
bbotcs
Bobwins:
Thanks. That was "must know info" for O&G players.
One thing that I cannot figure out is why diesel fuel is so high at the pump. Demand is up, but I don't know that that would explain it. The refining process is a lot simpler, right. The truckers aren't going on strike, so I figure the oil companies must be putting out the right spin.
CPE--Are you still hold onto your position. I ain't budging.
Thanks.
bbotcs
IMCL:
Anybody remember the movie "Short Circuit" and its sequel? About the talking robot and the nerdy Indian scientist who messed up every idiom in the English language--like "The early bird gets worms".
If you had bought IMCL in premarket, you would have gotten the worm--up over $4 from the pre-market close. I put in an order for the open at $32 and it still is sitting there. I was lying in bed watching the premarket when I should have had my rearend on the seat in front of the computer. No more late night TV. Gotta get that TV out of the bedroom.
Anybody follow IMCL?
bbotcs
kozuh the gasman:
As far as I am concerned, Europe has been in crisis since the fall of the Roman Empire.
In a perverse way, the weak Euro is good for the U.S. The dollar seems stronger by comparison. As the dollar continues to strengthen, the Fed is under less pressure to raise interest rates. Of course, the stronger dollar will hurt HURC which I just bought. Always something, ain't it?
bbotcs
LCI--patentlawmeister
How smart is a guy who owns a stock in the teens that tanks to $4? Everybody and their brother is making generic drugs. Cramer says forget the generics. Way too much competition. Also, if there was going to be a takeover, wouldn't something have already happened, given the relatively low stock price.
If you already have a position, I hope that you get a big return. Me, I'd rather just add more shares of MDF. I've been burned buying generic drug stocks. I'll go with Jim on this one.
bbotcs
mktbuzz--VSEC
Feeling a little better about this stock today. It has hit the average daily volume and is on an uptick. My guess is that we'll move up--not down--from here. Pullback seems to have been a breather.
bbotcs
OT: Don't forget that today is the 61st anniversary of D-Day.
If it weren't for D-Day, all stocks would be trading on the Berlin Exchange.
Also, saw a good movie--The Cinderella Man with Russell Crowe and Rene what's her face. According to the internet news, Crowe was arrested in N.Y. last night for allegedly assaulting a hotel employee. Sounds like a publicity stunt.
Just wasting time while the stock market reeks. Last week I bought 1K VSYS and only 100 XWG, my only purchase of that stock ever. Got it backwards if today's action is any indication.
researcher59: HURC
The Euro seems to be on the ropes. "Italian Minister calls for return of lira"--yesterday's news. Rumblings about returning to pre-Euro currencies everywhere. It could all be crap, but who knows. Seems logical that the Euro is in trouble. But only the guys at the central banks really know for sure. Peons like us don't.
Where I am going with this is that 2 weeks ago HURC seemed liked a great growth stock. Now the Euro mess is taking the shine off of its earnings potential. They can sell all of the product that they want to in Europe, but if the currency flops...
I am not saying that this is not a good company with good products. What I am saying is that the stock might get a lot cheaper if the Euro gets erratic.
bbotcs
Bobwins: CGNW
Are you going to mention that you are a sheriff, too, in your email to management?
That was a major hoot.
bbotcs
My purchases this week from this board: XWG, VSYS, and VPHM.
Thanks to whoever it was who posted a broker's upgrade info on VPHM--it pushed me over the top.
Time to avoid companies with heavy sales in Europe cuz of the mess with the Euro. Probably will be sorry I jumped into HURC last week. Time will tell.
And remember what Cramer says, buy the high-quality stuff at this point in the cycle. We are, Cramer, we are. Only they are micros!
Over and out for the weekend.