In Florida overlooking the Intercoastal Waterway..
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CFK...
Just bought at 6.04 - 6.05 in two accounts after reading the latest press releases... I like the relationship with Smith Intl.. and that was the primary reason for purchase... I do not believe this to be long term hold but as long as oil is above 40 cfk should do well...Hank
Cramer...
Will be back on his own show,,, on Feb 24 I think is the date...Hank...
CPE...
Thanks for the reminder...It is a great company and excellent idea...In at 15.17...Hank
ALY tecnoligy...
It really isn't a tech race in the oil patch,,, afterall they have been mudding and drilling the same way for years,,,Even sesmic hasn't changed that much EXCEPT now old formations that were just too deep in formation when charted are being drilled below existing holes... Old Tidewater Oil company wells have been drilled 12,000 to 15,000 feet below existing production with sucess... Air drilling has been done in rock formations for years by Utility Cos... for at least 25 years that I know of and when it was used in the oil patch it was called rat hole drilling... Drilling pipe goes down,, mud goes in ,,,the well is fracked,,,casings are created,,,and the oil is removed,, and if the driller is sucsessful a pipe line is created,,,Each and every step is one of relationships,,,, When I was a broker we loved oil stocks because oil men were promoters,,,customers were optimists and if it all came together that oil patch could be valued and sold on cash flow values... In the meanwhile,,, Every one's juices flowed... Be carefull,,,DD is the most important element... The relationship the service company has with it's customer is the second most important...The recent purchase made by ALY from Chevron has a built in business and a relation ship with Chevron that gives ALY an edge on Chevron contracts... This is the way ALY has been built with most purchases being made with a sustantial player on the other side of the trade... Hank
POBOY...OT
If you get 2 more Ideas from me this year consider yourself lucky...Hank
POBOY 38..As I wrote you on 2/15
10 bagger
In reply to: poboy38 who wrote msg# 4556 Date:2/15/2005 6:28:27 PM
Post #of 4668
ALY...
Do a Google on all names associated with ALY... Also check all insider trading for the past year... ALY is a multible year hold and so close to it's low of 3.00.. There was a reverse split in this one so the float is tight... ALY is a pure play in the oil patch... As I believe this is a ten-bagger do your own research, read all the fillings and make your own decision,,, 0.50 0r 2.00 does not make a trade when the goal is 10 fold... Hank
ALY base...
First of all the 1.75 never happened... The day of the reverse ALY traded at 10 and change... Most insider trades except for founders were done at 3.00 and to the best of my knowledge the 1000 shares that I bought at 3.64 was the low of the year... I made purchases at an ave of 3.68 for my position... As from where do I think a 10-bagger will occur,,,That's really a bullshit number but it would not surprise me any thing south of 8 will work given time and oil price above 35.00 for the next few years...Do your own DD...
ALY...Not Really...
After all,,, all I told you was to buy... You had to do your own DD... You don't know me from Adam... Mabee next Idea... But I do believe This move has only been interrupted by the close of the market... Do your own DD,,, It won't come from me...
ALY....5.30 + 0.76
A ten-bagger in the making...Hank
Totally off subject...
XOM is trading up 1.65 to above 68.00... I bought JAN07 60 calls fo 10.30 and they were 8.00 in the Money with 22 months to go...oduaj is the symboll...Aly is now 5.08... Hank
ALY...
For what it's worth ALY is now trading at 5.00... Hope you all bought some below 4...and I'm still pounding the table...Do your own DD.. Hank.. Also I think it now can be bought on margin which makes all of mine free of cash...Check with your broker about the margin..
ALY...
Do a Google on all names associated with ALY... Also check all insider trading for the past year... ALY is a multible year hold and so close to it's low of 3.00.. There was a reverse split in this one so the float is tight... ALY is a pure play in the oil patch... As I believe this is a ten-bagger do your own research, read all the fillings and make your own decision,,, 0.50 0r 2.00 does not make a trade when the goal is 10 fold... Hank
ALY...
I'm pounding the table.....UP 1.00 since yesterday...How hard do I have to pound... This is a 10-bagger With time and patience...Do you DD... Hank
ALY...4.30 +0.62
Hope all had time enough to buy when I informed the board of this 10-bagger pick @ 3.68... Do your DD and put some ALY away for a couple of years... ACRG was also up 0.12 to 3.47.... Patience and DD win every time...Hank...
ALY...
New to the board.... I've done my homework and ALY in my opinon it is a ten-bagger from here...Having a good day,,, PHPG,,,ACRG,,,JMIH are my other Value Microcaps hold... Sold PIHC the other day and I think I was too quick pulling the trigger,,, Looking for a re-entry point on PIHC...also looking at PRZ...
INB....
Owned this one several years ago.. It was range trading about 0.30 to 0.65 and earned over 0.25 per share.... I held over 50,000 shares and placed it and ACRG and PHFR into my grandkids college fund... I really hated the management because of inside, self dealing tranactions for real estate and Drug companies... As it was trading at less than two times earnings I did not sell the position... On the way up I sold most for them between 3 and 7 with the 4000 that was left being sold at 12... I never trusted them then and I see nothing to change my mind... I really am surprised to see that they won a law suit... The kids owe a lot to IND and ACRG which they still own 60,000 shares... Even PHFR became an 8-bagger but not one share has been sold... Personnally I sold over 30,000 (one third of my position,,, all sold for a 10 bagger) shares of ACRG this month but that was for tax reasons mostly...None will be sold during the rest of the year...The last press release that I read on IND is nothing less than I would expect except much later ..... It's one I really hated but almost payed for 5 college educations,,,GO FIGURE..
Nite...
On several occasions while handling orders in my inactive bank stocks Nite has either backed away from bids or increased offers while receiving order flow from my broker.... When NITE was caught my broker was forced to make the trade good and I became known to the inhouse person who had the responsibility of disputes with broker order flows... As disputes increase in down or stalled markets the communications over orderflow will became more forcefull and threats are made... Too many threats of loss of order flow,,, rules change... Also Elliott Spitzer made his presence known in the charge of front running... Order flow is cash... It's loss cannot be over come by screwing the investor... Each of us when screwed by an order should have the order timed against the bid or ask at that specific trade and if it is off make the broker eat the trade... Nite was forced to place orderflow above position trading and give the investor preference on the bid book...
Hweb...
Don't try to explain... You, over the years starting with TISH you have gained my respect thru the many good ideas you have presented... I don't buy them all and at first not in large amounts.... But!!!!!!!!! the ONE IPII trade that I found thru you paid all my trading expenses and losses for last year (I make over 2000 trades a year)... Maine teaches patience and most micro's require patience... Hank
Just doubled up...
PHPG fits my screens and should develop into a long term hold... Made my first sale in ACRG the other day at 3.475,,, (1% of holdings for a 10-bagger)...
Not to say...
it would never happen but,,, to the best of my knowledge I have never heard it happening... Getting money out of the account is impossible if you only use a wire system with instructions,,,to transfer funds in and out of your account...
I use BROWN ...
I use Brown and last year did over 2000 trades... I pay 5.00 per trade and really have no problems... The only feature I don't like is over 5000 shares the fee is 0.01 per share for the total amount (5001 shares would be $50.01)... also limit orders are 10.00... Coming from the industry it's the best I have found and have been a client since 1983... They handle disputes and have eaten several bad excecutions making bad trade prices right...also because I trade many inactive banks my bids and offers become the market...
Nice catch...
Just bought a small position... also bought PIHC and PRZ... good luck to all....
Moved over from RB...
Nothing to add at present except happy to see no spam... Happy New Year to all.... Posted on RB as hankgrinde,,, Since my DD and patience of 3 years (ACRG) has made the goal, I will use the name of 10-bagger... Now mostly in banks...