Renegade

Oh well, was hoping some stock talk existed around here still....

moonraker

you mean your penny stock talk? hah no not so much. more so economic and general finance topics

if you wanna start talkin stocks ill gladly jump in... but not if every single one is a penny stock etc

Renegade

don't hate on the pennies...

I like OLGC and INHX

both companies with some potential with not too much downside risk, both on nasdaq, technically pennies since they are under $5. INHX is trading way below cash.

doopstr

Currently like Audible ADBL. They had a surprise uptick in earnings, but not yet profitable. I suspect that they are a buy out candidate for Apple or MS.

LaCostaRacer

For those of you looking at trading stock, be careful
this week since it should be pretty volatile time. A few
weeks ago, I got my #1 sell signal on the general stock
market so I have been raising cash slowly but surely as
stops hit, taking in profits.

I don't mess with penny stocks, since these stocks get
heavily manipulated and are way too volatile. I do like
stocks that grow faster than their PEs and have high
Return-on-equity numbers- ideally stocks with > 20% ROE.
The PEG gives you stocks that are growing faster than
their PE which means they are undervalued based on their
current growth rate. The ROE means they are making money
and generally means they are properly managed and run a
tight ship finace wise. I also follow Debt/Equity since
that can determine how a company might be exposed to a
rising interest rate environment if that should happen.

It takes some effort finding potentially winning
stocks and rarely do I even listen to a tip. One
place I have found many winning stocks in the past
15 years is Investor's Business Daily. That paper
screens stocks for you and has some very good analysis
of them. For example, the Monday version is very
helpful because it posts the IBD 100 or top 100
stocks that meet some pretty reasonable criteria.
You can also do a decent job with stock screens
at MSN and other web sites as well.

If you were to run the numbers on the IBD 100
and screen for PEG <= 1.0 and ROE of 20% or higher
you would get the following list of stock tickers
from today's paper:

Ticker Name Price PEG ROE Debt/Equity
MTW MANITOWOC 62 0.76 25 0.34
CAM CAMERON INTL 61.92 0.72 19 0.54
CTCM CTC MEDIA 26.1 0.46 35 0
ARO AEROPOSTALE 40.97 0.82 36 0
SNHY SUN HYDRAULICS 26.69 0.57 25 0.015
MW MENS WEARHOUSE 48.3 1 22 0.097
BLUD IMMUCORE 29.88 0.89 34 0
AXE ANIXTER INTL 66.84 0.91 25 0.841
COGO COMTECH GROUP 17.74 0.86 21 0.046
ACH ALUMINUM CORP OF CHINA 26.4 0.59 30 0.42
PCP PRECISION CAST PARTS 103.76 1 21 0.314
TELN TELENOR 56.63 0.94 30 0.9
VIP VIMPEL 96.68 0.95 24 0.62
HWCC HOUSTON WIRE&CABLE 26.1 0.81 74 0.163
WFR MEMC ELEC MATERIAL 63.6 0.69 39 0.029
SIMO SILICON MOTION TECHN 25.95 0.72 23 N/A

These will be some of the stocks that 'smart' money is
going to buy. Why not buy things that institutions
may find attractive in the coming months? Institutions
don't buy penny stocks.

I will be buying some of these stocks in the next few
weeks or months if/when the indicators I follow get
better. But in the meantime, I'm holding more defensive
stocks like gold and oil mostly and keeping cash. Some
of these holdings had a great day today: FCX, GROW, ESV,
NL, RES, COP, HLX, and HW. My dabble with the QID did
not do so well, but I think that too will be profitable
possibly this week.

KCPreki11

NSXNEXT

iTrader: (2)

Looks like he copied and pasted it from another site.

LaCostaRacer

Actually not, I posted this text from another text editor (textpad.exe)-that's all and didn't want to reformat everything. Keep in mind the quick reply window is not the most powerful of editors and I don't want to mess with the timeouts of the Advanced posting method.

The key hear is someone was asking for some stock tips and I just gave you 25 stock tips as well as a methodology for evaluating stocks in addition to a BEARISH sentiment on the overall market. Yes it was a long post but if you follow and trade the market like I do it's chock full of information. I didn't even think there was a stock related thread in Acurazine until last week, since I normally hang out on the TL groups.

Renegade

Lol

moonraker

short AMD into the 10s, or maybe even single digits


long on GLD or DGL gold etfs
long on MO altria (not the kraft spinoff)
long on DEO diageo rum alcohol etc
long on ESV offshore drilling

SeCsTaC

How old do you have to be to get into the stock market? I've had my eye on AMD for the past month and they seem to be in the shitter at the moment, perfect time for me to buy some stock.

LaCostaRacer

It's good that you're showing an interest in investing at such a young age. You'll have many years to build a nice portfolio.

Since you're 17 and considered a minor, I think you may need a parent or guardian to help setup a 'custodial' account for you. I'm not positive on this so you'll need to check on this by talking to a broker or your parent.

Regarding AMD, you'll want to be pretty careful with that stock. The Return on Equity is -3.63% and they have a 65% debt to equity ratio. That and other reasons may point to why the stock is tanking. Conversely a stock like Lam Research (LRCX) has a 38% ROE and 17% debt and better growth prospects. It's more expensive, but has a much better chart pattern.

I would recommend a broader exposure to the market instead like buying SP500 i-shares or possibly SMH (semiconductor holders) if you want to play the SEMI game.

Good luck, I was 18 when I started investing and have had a lot of fun and profits over the years. You'll need to manage the fear .vs. greed emotions to find long-term success.

LaCostaRacer

I like Ensco (ESV) a lot and have traded this stock off and on the last 10? years. I'm currently holding shares and like the PEG, ROE, and debt statistics. The chart pattern is great and I'm waiting to see if it breaks $59 on the upside. I bought in mid-October and am sitting on a 26% gain now. Another stock I like in Oil Drilling sector is Diamond Offshore (DO). DO even pays a 5% dividend as well. It looked like most of the drillers had a good day today.

Good luck!

Renegade

Watch YMI, TELK, OLGC, RNVS, INHX....

Bio's are hot right now...

Renegade

ill take rnvs...got in at $3.64 sold today at $4.60

Renegade

Watch TELK at $5.68 and OLGC at $1.62

I'm in big.

LaCostaRacer

Wow, TELK has some pretty adverse technical chart patterns to overcome: declining on-balance volume and declining moving averages. Good luck!

Biotechs are certainly an exciting place to invest in- just look what happened to TELK in Dec 06- dropped on the order of 80%! Hopefully you were on the short-side of this stock then.

OLGC looks to be the better choice of the two. It is at least is trading above its major moving averages and has level on-balance-volume.

It's easier to make money on Biotechs that actually have earnings. Having worked for one that went BK certainly changed my outlook on earnings quite a bit I guess.

A famous quote: Gambling means playing a game that you know you will lose, but you play it anyway in hopes you will get lucky. Investing means you fully expect to win, although you admit there is a chance you will lose.

Renegade

Chart for telk doesn't matter much, I sold out at $5.85 today for a quick gain. Was hoping to see it ramp up more for the april 17th conference. OLCG I'm still pretty heavy in, nice tight trading range, and will breakout on Chrysaline partnership news when that comes.

My other porfolio holdings are YMI at $1.69, MPET at $1.40, and ASY at $5.60 (ASY is going to be a monster, just wait till the insitutions or funds want to gobble up the 800k tradeable float since the insiders own 30%.

Renegade

YMI big news afterhours up 11%, MPET sold at $1.63, ASY at $6.36

mrshowbiz122

look into ESLR

Renegade

"other porfolio holdings are YMI at $1.69, MPET at $1.40, and ASY at $5.60"

YMI $2.05
MPET $1.65
ASY $5.80

Renegade

amrn looks great

DAROCK

http://finance.yahoo.com/q/bc?s=GFY

supaman8118

I started about a month after I turned 19. I think you can legally start at 17 (I doubt a brokerage will turn down your money). Two suggestions, start with not more than $500 or 1/3 of your total cash. I think thats the minimum to open an account for scottrade and before you jump in follow a few stocks as if you were trading, account for brokerage fees, dividends and all that other good stuff and see how your doing in a few weeks.

DAROCK

sell in May and walk awaaaaaaay.