Replies to post #819 on lowtrade

[starboy]

lowtrade. lot of apt advice here. bb members may wish to keep and study this for later reference.

Posted by: starboy
In reply to: dawg245 who wrote msg# 5841 Date:9/2/2005 8:54:44 AM
Post #of 5842

Hear you dawg re: the oil/gas situation. Will keep sharp eye.
In the meantime guys, this was a fine synopsis of one of Cramer's best shows. You may wish to 'keep' this one for future reference. I did.

Posted by: 14thPGA
In reply to: texasholdem who wrote msg# 1535 Date:9/2/2005 8:07:50 AM
Post #of 1563

I watched Cramer 3 times yesterday. Best show he's ever had! He talked about how to make a lot of money in the market. One thing he said is to look for Small Cap Stocks with EARNINGS. Small Cap Stocks with a FUTURE. I did not hear him mention IGTN, but it was all I could think about throughout the show!

He said "Buy and Hold" is presuming that there are no tops. He said every train has a destination! If a stock keeps going up, sell 1/4 along the way, and rebuy on dips. That way you keep your position, but also take profits. I liked that advice because I have done the math. I feel IGTN is way undevalued and should be over $1.00 in the future. I KNOW what my 400K shares will be worth! Kills me to sell one share!! BUT, I will take his advice.

I saw IGTN in much of his advice. I have copied my notes below:

According to Cramer:

Buy UNDERVALUED Small Caps.

Diversify portfolio: No less than 5, No more than 10

Try to have these top 10 in your portfolio:

10 - One Retailer with room for expansion hope for the
future
9 - One tech stock
8 - One non-tech hope for the future stock
7 - One Cyclical stock (used summer, season, etc)
6 - Soft Goods (look in fridge or medicine cabinet)
5 - One speculative hunch.A gut feeling.
4 - 1 financial stock (bank, etc)
3 - 1 brand name blue chip
2 - One OIL Stock
1 - One local company you know well (people you know
work there, etc.)

do homework, one hour per day for every stock you own.

All trains leave the station, but they have a
destination. How do you spot the top? When do you
sell?

Homework! How do you know when the top is near?

Watch competition of your stocks.
Watch for accounting irregularities in news or pr's. Sell
Watch for over expansion (when they say integration
problems) Get out!
Watch the National Newspaper for news that could
affect the sector. Sell!
For Retailers, when they have no regions left to
expend, sell.

If the stock just keeps going up, sell 1/4 at a time,
and buy back on dips. You keep your position, but,
you get some profits along the way.

If the stock has risen in less than a year, don't
worry about short term Capital gains. Sell before you
lose all your profits.

Cool stuff!