Tuesday, December 1, 2009

Stock Picks 2009 12

Company name Symbol Last price
Ultrapetrol (Bahamas) Limited ULTR $4.71
StealthGas Inc. GASS $6.06
CONN'S, Inc. CONN $5.66
Jackson Hewitt Tax Service Inc. JTX $4.24
Republic Airways Holdings Inc. RJET $7.04
Mirant Corporation MIR $14.30
Conseco, Inc. CNO $5.11
AerCap Holdings NV AER $8.55
Skilled Healthcare Group, Inc. SKH $6.95
Smithtown Bancorp SMTB $6.38
MFRI, Inc. MFRI $6.80
Willis Lease Finance Corporation WLFC $13.65
Aspen Insurance Holdings Limited AHL $26.09
CNA Surety Corporation SUR $13.56
GulfMark Offshore, Inc. GLF $27.32
The Pantry, Inc. PTRY $14.82




My Current Positions: OSG


Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. Do your own DD. By reading eructoverbosus you agree to the disclaimer, and thereby will not hold the author or this website or this blog accountable for any transactions or decisions you make. It is up to you to do your own due diligence.

Wednesday, November 18, 2009

FNM

Always buy Fannie May when it's under a buck.

Thursday, September 24, 2009

Diamond in the Rough: GSIG

GSIG: Hold this one long.

At this moment, the share price is $.82 and rising. People are afraid to invest in this because they had a mix-up with a recent earnings release. It is very undervalued at this price. We should see $2-$3 in a few months.

November 2nd is a very important date for this one, get in before that date for maximum results.

My Current Positions:
AVVH, IBCA, KOOL, NEPH, PPHM, PVCT

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. Do your own DD. By reading eructoverbosus you agree to the disclaimer, and thereby will not hold the author or this website or this blog accountable for any transactions or decisions you make. It is up to you to do your own due diligence.

Friday, September 18, 2009

Update on September Picks

CNO and AYR no longer fit the profile, unfortunately, but our portfolio is still doing quite well: the portfolio is up 14.65% in just 18 days of trading.

We want to keep them all short-term (about 366 days to be exact ;).

I currently hold: IBCA, KOOL, NEPH, PPHM, PVCT, TSTR. Do as I say, not as I do. heh.

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. Do your own DD. By reading eructoverbosus you agree to the disclaimer, and thereby will not hold the author or this website or this blog accountable for any transactions or decisions you make. It is up to you to do your own due diligence.

Monday, September 14, 2009

Diamond in the Rough: NRF

NRF. Hold this one long.

At this moment, the share price is $3.48 and rising. People are afraid to invest in Real Estate (this is a REIT). Buy this one and hold it forever. Yes, Forever. This is my favorite stock.

Have a look at Dividends - this will more than pay for itself over time.

My Current Positions:
ADCT;PPHM;TSTR;GBOE;NEPH;KOOL;GVBP;IBCA

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. Do your own DD.

Friday, September 11, 2009

Diamond in the Rough: IBCA

IBCA. Hold this one long.

At this moment, the share price is $2.49 and falling. AND FALLING, WHY? People are afraid to invest in investment banks. Buy this one and hold on for the rise.

My Current Positions:
ADCT, GBOE, KOOL, NEPH, PPHM, TSTR

Disclaimer : Trading stocks involves risk, this information should not be viewed as trading recommendations. Do your own DD.

Wednesday, September 2, 2009

Stock Picks 2009 09

Petroleum Development Corporation PETD $13.46
Conseco, Inc. CNO $3.97
Tesoro Corporation TSO $13.74
Mirant Corporation MIR $16.13
Jackson Hewitt Tax Service Inc. JTX $4.90
Aircastle Limited AYR $9.01
Republic Airways Holdings Inc. RJET $9.02
AerCap Holdings NV AER $8.25
American Equity Investment Life Holding AEL $7.40


My Current Positions:
ADCT, CNO, GBOE, NEPH, NRF, PPHM, TSTR, UCBH

By reading eructoverbosus you agree to the disclaimer, and thereby will not hold the author or this website or this blog accountable for any transactions or decisions you make. It is up to you to do your own due diligence.

Tuesday, July 14, 2009

The 'Cap-and-Trade of Controlled Substances' is a Dead End

A parody of an article by Sarah Palin
Tuesday, July 14, 2009

There is no shortage of threats to our economy. America's unemployment rate recently hit its highest mark in more than 25 years and is expected to continue climbing. Worries are widespread that even when the economy finally rebounds, the recovery won't bring jobs. Our nation's debt is unsustainable, and the federal government's reach into the private sector is unprecedented.

Unfortunately, many in the national media would rather focus on the personality-driven political gossip of the day than on the gravity of these challenges. So, at risk of disappointing the chattering class, let me make clear what is foremost on my mind and where my focus will be:

I am deeply concerned about President Obama's cap-and-trade of Controlled Substances plan, and I believe it is an enormous threat to our economy. It would undermine our recovery over the short term and would inflict permanent damage.

American prosperity has always been driven by the steady supply of abundant, affordable Controlled Substances. Particularly in Alaska, we understand the inherent link between Schedule II controlled substances and prosperity, crack and methadone, and security. Consequently, many of us in this huge, drug-rich state recognize that the president's cap-and-trade tax would adversely affect every aspect of the U.S. economy.

There is no denying that as the world becomes more industrialized, we need to reform our drug policy and become less dependent on foreign Schedule I and Schedule II controlled substances sources. But the answer doesn't lie in making Cocaine scarcer and more expensive! Those who understand the issue know we can meet our controlled substance needs and environmental challenges without destroying America's economy.

Job losses are so certain under this new cap-and-tax plan that it includes a provision accommodating newly unemployed workers from the resulting dried-up street drug sector, to the tune of $4.2 billion over eight years. So much for creating jobs.

In addition to immediately increasing unemployment in the street drug sector, even more prostitute jobs will be threatened by the rising cost of doing business under the cap-and-tax plan. For example, the cost of meth labs will certainly increase, driving down dealer incomes while driving up drug prices. The costs of manufacturing, warehousing, transportation and sales will also increase.

The ironic beauty in this plan? Soon, even the most ardent liberal will understand supply-side economics.

The Americans hit hardest will be those already struggling to make ends meet. As the president eloquently puts it, their crack bills will "necessarily skyrocket." So much for not raising taxes on anyone making less than $250,000 a year.

Even Warren Buffett, an ardent Obama supporter, admitted that under the cap-and-tax scheme, "poor people are going to pay a lot more for cocaine and heroin."

We must move in a new direction. We are ripe for economic growth and controlled substance independence if we responsibly tap the resources that God created right underfoot on American soil. Just as important, we have more desire and ability to protect the environment than any foreign nation from which we purchase energy today.

In Alaska, we are progressing on the largest private-sector crack and meth project in history. Our 3,000-mile underground meth 'pipeline' will transport hundreds of trillions of metric tonnes of our clean natural drug supply to hungry markets across America. We can safely synthesise methamphetamine offshore and in a tiny, 2,000-acre corner of the Arctic National Wildlife Refuge if ever given the go-ahead by Washington bureaucrats.

Of course, Alaska is not the sole source of American drugs. Many states have abundant meth labs, whose technology is continuously making them into cleaner, safer sources. Westerners literally sit on mountains of drugs and materials to manufacture drugs, and every state can consider the possibility of manufacture.

We have an important choice to make. Do we want to control our drug supply and its environmental impact? Or, do we want to outsource it to Columbia, Mexico and South America? Make no mistake: President Obama's plan will result in the latter.

For so many reasons, we can't afford to kill responsible domestic drug production or clobber every American consumer with higher prices.

Can America produce more of its own drugs through strategic investments that protect the environment, revive our economy and secure our nation?

Yes, we can. Just not with Barack Obama's energy cap-and-tax plan.

The writer, a Republican, is governor of Alaska.

[This is a parody to show that our dependance on foreign oil is just as destructive to the economy as any controlled substance. Thanks for your understanding.]

Friday, June 5, 2009

Stocks

But people say to "buy when it is up and sell when it is down". Well, duh, but HOW? I want to gamble and I want to win.

I 'play' on the market and have been playing for a long time. About two years now. At updown.com. They give you a million dollars of play money, and you can invest it however you want, and if you beat the S&P 500, you can earn real money. Click here to get started with Updown.com.


I have struggled with finding patterns to look for, studying technicals, and all the while, the market is tanking, so all the 'normal rules' cannot be trusted, in my book.


First, I started looking for Acquisitions. This was fun, but the timing was always too slow, and wasn't always what I wanted. I would find smaller companies, and invest some money into them, and wait for the bigger companies to buy them. Sometimes it worked, sometimes not. Reuters has a deal where they alert you each day for 'Mergers and Acquisitions', and I used that to make my picks.


Then I started looking at IPOs, well, haven't really been lately, as there haven't been any IPOs in this market really.


Penny stocks are really FUN. You never know what they are going to do. You can make huge gains, but you can also lose everything.


This is all with fake money, just so you understand.


The MOST FUN comes from learning how to day-trade from looking at earnings. Find a company that looks like they are going to be doing well in terms of earnings, and buy buy buy them, about two weeks before their fiscal quarter ends, and, if there aren't any surprises, you can make huge gains. With surprises, you can also make huge losses, but I have found that earnings are a pretty stable way to 'gamble' and have a lot of fun. When they announce earnings, and the stock goes up as high as you like it, sell sell sell, then short, short short, and catch it on the downswing, then buy buy buy, that pattern seems to happen really well, especially in these times, everyone wants in to a company that is doing well in earnings:


I ignore volume completely - that is probably not a good thing.