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Showing posts with label market. Show all posts
Showing posts with label market. Show all posts
Friday, 7 February 2014
Thursday, 14 November 2013
Pretty to watch
Even prettier...
I bought this stock about a week ago at $7.33. As of this moment, it is just below $12.00. This kind of opportunity rarely comes along. Read about it here.
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Tuesday, 12 November 2013
Monday, 11 November 2013
It's on fire!
On this, the 4th trading day since I bought ONVO at $7.33, seconds ago it was trading over $9 a share. That's up over 23% in less than four days. Get it while it's hot!
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Wednesday, 6 November 2013
Don't miss this great opportunity!
Yeah, I know--that sounded like the start of a cheesy commercial. This is anything but. I am very sincere about the following...
The 3-D printing industry is revolutionizing manufacturing. It is still in its infancy, and much is not known about it such as who the big winners are going to be and the extent to which this process can be used. Nonetheless, this is the ground floor and you want to get in the elevator now, before it reaches the 50th floor. It would have been nice to get in at the basement, say a year ago or so, but it's definitely not too late. Here's a bunch of industry players and what their stocks have done in the last year.
I did a little research yesterday and bought ONVO. This company has virtually no competition. Whereas most 3-D printers are used to produce everyday products like small household items made of plastic, Organovo prints functional human tissue. They have had success producing liver tissue and have plans to print heart and kidney cells, and in the future, making usable human body parts. They have relationships with a couple pharma giants, Pfizer and Roche, so they are well-positioned to explode.
I bought yesterday at $7.33. I wish I had bought the day before at $6.65, but still, at this moment, it is $8.00, up 8.6% from yesterday's close. You don't have to buy ONVO, just buy something. Do your own research and get on the band wagon before another great opportunity passes you by.
Click here to go to most recent posts.
The 3-D printing industry is revolutionizing manufacturing. It is still in its infancy, and much is not known about it such as who the big winners are going to be and the extent to which this process can be used. Nonetheless, this is the ground floor and you want to get in the elevator now, before it reaches the 50th floor. It would have been nice to get in at the basement, say a year ago or so, but it's definitely not too late. Here's a bunch of industry players and what their stocks have done in the last year.
I did a little research yesterday and bought ONVO. This company has virtually no competition. Whereas most 3-D printers are used to produce everyday products like small household items made of plastic, Organovo prints functional human tissue. They have had success producing liver tissue and have plans to print heart and kidney cells, and in the future, making usable human body parts. They have relationships with a couple pharma giants, Pfizer and Roche, so they are well-positioned to explode.
I bought yesterday at $7.33. I wish I had bought the day before at $6.65, but still, at this moment, it is $8.00, up 8.6% from yesterday's close. You don't have to buy ONVO, just buy something. Do your own research and get on the band wagon before another great opportunity passes you by.
Click here to go to most recent posts.
Thursday, 1 November 2012
Who said it?
Can anyone guess who said the following? Who can you imagine saying it? If you know the answer, don't spoil it for others.
"The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it. Now you're not naive enough to think we're living in a democracy, are you buddy?"
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"The richest one percent of this country owns half our country's wealth, five trillion dollars. One third of that comes from hard work, two thirds comes from inheritance, interest on interest accumulating to widows and idiot sons and what I do, stock and real estate speculation. It's bullshit. You got ninety percent of the American public out there with little or no net worth. I create nothing. I own. We make the rules, pal. The news, war, peace, famine, upheaval, the price per paper clip. We pick that rabbit out of the hat while everybody sits out there wondering how the hell we did it. Now you're not naive enough to think we're living in a democracy, are you buddy?"
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Tuesday, 27 October 2009
Only in America
This guy's arguments have more holes than Swiss cheese. He actually tries to suggest that insider trading be legalized. Among his myriad of reasons: "The average investor is already at a disadvantage." What the--? It's akin to suggesting that robbery of the mentally handicapped should be legal.
I think beating the arrogant to a pulp should be legalized. Think of the last idiotic thing you heard some moron say. Now, imagine beating the snot out of him/her. Wouldn't you love for the law to be on your side? Judge: "Plaintiff is a moron--my ruling is for the defendant."
The Story/video interview.
I think beating the arrogant to a pulp should be legalized. Think of the last idiotic thing you heard some moron say. Now, imagine beating the snot out of him/her. Wouldn't you love for the law to be on your side? Judge: "Plaintiff is a moron--my ruling is for the defendant."
The Story/video interview.
Wednesday, 23 September 2009
The wheels of justice
Recently, I noticed a deposit made into my RRSP (401-K for American readers) account. There was a notation that this was the proceeds of the class-action law suit against Nortel Networks. For those of you not familiar with the case, senior executives at the (former) behemoth communications company conspired to perpetrate accounting fraud that resulted in perhaps millions of investors losing almost one third of a trillion dollars. Criminal charges against those principles are still in the courts.
Hundreds of thousands of people, myself included, had their life savings wiped out. Right now, you might be thinking "Good for you--you got your money back". Let me give you a clue as to how much of my money I actually got back--I did not break out the champagne when I saw the amount of the deposit. In fact, I'm not sure that it could buy a bottle of Dom Perignon. I chuckled--it was so laughable. I lost almost $400,000 and a successful law suit netted me $199. That's right. There's no missing zeros--one hundred and ninety nine dollars. What I would really like to know is how many tens of millions of dollars the lawyers got for getting me my $199.
The kicker to all this is how much more money lawyers stand to make by defending the thieves and cheats behind all this misery. I'd be willing to bet my $199 that most if not all the guilty will get off with a slap on the wrist if not outright. It's no wonder that things never change. There is no justice.
Hundreds of thousands of people, myself included, had their life savings wiped out. Right now, you might be thinking "Good for you--you got your money back". Let me give you a clue as to how much of my money I actually got back--I did not break out the champagne when I saw the amount of the deposit. In fact, I'm not sure that it could buy a bottle of Dom Perignon. I chuckled--it was so laughable. I lost almost $400,000 and a successful law suit netted me $199. That's right. There's no missing zeros--one hundred and ninety nine dollars. What I would really like to know is how many tens of millions of dollars the lawyers got for getting me my $199.
The kicker to all this is how much more money lawyers stand to make by defending the thieves and cheats behind all this misery. I'd be willing to bet my $199 that most if not all the guilty will get off with a slap on the wrist if not outright. It's no wonder that things never change. There is no justice.
Tuesday, 11 August 2009
Funnier then werds
A comment on a stock market article:
dude there is standing rule in the market over the time (no buddy knows)
dude there is standing rule in the market over the time (no buddy knows)
Sunday, 7 June 2009
This event has gone to the dogs
If you're a dog lover, don't miss North America's largest love-in for dogs, appropriately called Woofstock, taking place at Toronto's St' Lawrence Market next Saturday and Sunday (June 13-14). Meet like-minded people, enjoy some great food, enter your dog in some great contests, etc. For more information, click here.
Monday, 1 June 2009
Not a bad return for 10 days!
I've been remiss posting about my stock transactions. I raved to you about Suntech (STP) in this space. It is a solar power component manufacturer. I bought some shares exactly 10 days ago at $12.61 (U.S.) and sold them a few minutes ago for $17.69.
I apologize for leaving you out of the loop and promise to do better. However, if you've been following me (and the stocks I've recommended), you would have picked some up. Other stocks I've had my eye on are:
Highveld Steel and Vanadium (HSVLY), a company in the quickly expanding South African economy
Tata Motors (TTM), Indian auto producer of the world's cheapest car
Seagate (STX) disk storage producer
Akamai (AKAM) internet data performance company
VMWARE (VMW) specialize in server virtualization
SOHU.com (SOHU) Chinese internet portal and gaming concern
I apologize for leaving you out of the loop and promise to do better. However, if you've been following me (and the stocks I've recommended), you would have picked some up. Other stocks I've had my eye on are:
Highveld Steel and Vanadium (HSVLY), a company in the quickly expanding South African economy
Tata Motors (TTM), Indian auto producer of the world's cheapest car
Seagate (STX) disk storage producer
Akamai (AKAM) internet data performance company
VMWARE (VMW) specialize in server virtualization
SOHU.com (SOHU) Chinese internet portal and gaming concern
Friday, 27 February 2009
Can I open my eyes, yet?
I've been keeping my eye on solar energy stocks, lately, particularly First Solar (FSLR) and Suntech (STP). I've been on the sidelines since September waiting for signs that the worst is over (I'm not sure we've reached that point, yet), before I make a play.
Suntech was my leading candidate to get my money, but then I read a few articles that were very pro-First Solar in this space, citing Obama's stance on "buy American" (Suntech is Chinese) as well as other reasons. I have long held the belief that a monkey can do as well or better than most equities analysts and this is yet another sliver of evidence.
In the last month and a half or so, First Solar has plunged from about $160 down to just above $100. Mind you, Suntech hasn't fared much better. But my point is that this is not the kind of market to be investing large amounts of cash in any stock.
Since the market started nosediving last September, countless "savvy" analysts have been shouting from the rooftops that this is an opportunity to buy stocks really cheap, and while that may be true, it's only true if you have a long horizon on your investment. Most people don't want to wait that long. I think it wiser in circumstances like this to put your money in a safe vehicle like a money market fund where you'll make a little profit and it's 100% safe. Then, when the broader market has stirrings that it is ready to embark on a sustained rally, gradually make incremental moves into equities.
How many people have been burned twice or more since September due to false starts in the markets? Meltdowns like this do not correct themselves in a month or two. Millions of people foolishly sunk the rest of their hard-earned cash the moment the market had a 2 or 3% pop only to watch it sink another 5% in the days that followed. And this has been repeated several times.
I hate to say it, and I've been saying this for several years, long before it became "fashionable", that we were headed for another depression almost as bad as the Great one. I imagine it will take years to come out of it. It doesn't mean that the news will all be gloomy. But we need to manage our expectations.
I'm not convinced that we have hit bottom, yet. We may have seen the worst of the layoff announcements--maybe. But we certainly have not yet seen the effect of those layoffs, meaning the reduced spending of those unfortunate workers and the effect that will have on bottom lines to businesses going forward. Not to mention the reluctance of the lucky ones to spend for fear they are next for the chopping block. Tread carefully, my friends. And always, always be sceptical.
Suntech was my leading candidate to get my money, but then I read a few articles that were very pro-First Solar in this space, citing Obama's stance on "buy American" (Suntech is Chinese) as well as other reasons. I have long held the belief that a monkey can do as well or better than most equities analysts and this is yet another sliver of evidence.
In the last month and a half or so, First Solar has plunged from about $160 down to just above $100. Mind you, Suntech hasn't fared much better. But my point is that this is not the kind of market to be investing large amounts of cash in any stock.
Since the market started nosediving last September, countless "savvy" analysts have been shouting from the rooftops that this is an opportunity to buy stocks really cheap, and while that may be true, it's only true if you have a long horizon on your investment. Most people don't want to wait that long. I think it wiser in circumstances like this to put your money in a safe vehicle like a money market fund where you'll make a little profit and it's 100% safe. Then, when the broader market has stirrings that it is ready to embark on a sustained rally, gradually make incremental moves into equities.
How many people have been burned twice or more since September due to false starts in the markets? Meltdowns like this do not correct themselves in a month or two. Millions of people foolishly sunk the rest of their hard-earned cash the moment the market had a 2 or 3% pop only to watch it sink another 5% in the days that followed. And this has been repeated several times.
I hate to say it, and I've been saying this for several years, long before it became "fashionable", that we were headed for another depression almost as bad as the Great one. I imagine it will take years to come out of it. It doesn't mean that the news will all be gloomy. But we need to manage our expectations.
I'm not convinced that we have hit bottom, yet. We may have seen the worst of the layoff announcements--maybe. But we certainly have not yet seen the effect of those layoffs, meaning the reduced spending of those unfortunate workers and the effect that will have on bottom lines to businesses going forward. Not to mention the reluctance of the lucky ones to spend for fear they are next for the chopping block. Tread carefully, my friends. And always, always be sceptical.
Monday, 26 January 2009
US STOCKS-Lower open seen as Caterpillar woes weigh
...was one of the headlines this morning prompting this image in my mind:
Wednesday, 17 December 2008
Money!
I've been putting off writing about the stock market, but I can't ignore it any longer. The economic news keeps getting worse and worse and the indexes keep going higher and higher. Something's got to give. I've been out of the market for several months, having exited before the major carnage started, but I've been reluctant to get back in the water, fearing there's sharks just below the surface.
It's possible that the market dropped too low and has corrected itself, but being a pessimist by nature, I am more prone to believe that the recent recovery is a "dead cat bounce". As far as I'm concerned, we have not yet seen the devastating effect all the layoffs are to have on the economy. Everyone is cutting spending. And that includes those lucky enough to have a job right now. They're scared #$!2^@# that they're next on the chopping block...and they probably are.
This sort of situation tends to be a catch-22. The more layoffs there are, the less spending there is. The less spending there is, the worse the economy gets. The worse the economy gets, the more layoffs there are.
I am going out on a not-so-long limb and declare that this thing will get much worse before it gets better. I know I'm not the only one predicting doom and gloom, but I have been posting, chatting, e-mailing and conversing about the emergence of third world countries and the possible economic collapse of the United States for almost 20 years now.
Having said that, I pray it doesn't turn out as bad as I have imagined it, for that would not bode well for the whole world and especially Canada, America's largest trading partner. One bright note is that the emergence of third world nations has provided a much needed diversification of trading partners. If an economic collapse of the U.S. had happened ten years ago, the entire planet might have become "the third world". Today, there's a few others to do business with.
One last thought, and remember, you heard it here first (at least if I am right), I see the American indexes dropping below their previous lows in the coming months. I'll join the market at that point because I expect slow and steady gains going forward for the foreseeable future. However, I'm not giving refunds if I'm wrong.
It's possible that the market dropped too low and has corrected itself, but being a pessimist by nature, I am more prone to believe that the recent recovery is a "dead cat bounce". As far as I'm concerned, we have not yet seen the devastating effect all the layoffs are to have on the economy. Everyone is cutting spending. And that includes those lucky enough to have a job right now. They're scared #$!2^@# that they're next on the chopping block...and they probably are.
This sort of situation tends to be a catch-22. The more layoffs there are, the less spending there is. The less spending there is, the worse the economy gets. The worse the economy gets, the more layoffs there are.
I am going out on a not-so-long limb and declare that this thing will get much worse before it gets better. I know I'm not the only one predicting doom and gloom, but I have been posting, chatting, e-mailing and conversing about the emergence of third world countries and the possible economic collapse of the United States for almost 20 years now.
Having said that, I pray it doesn't turn out as bad as I have imagined it, for that would not bode well for the whole world and especially Canada, America's largest trading partner. One bright note is that the emergence of third world nations has provided a much needed diversification of trading partners. If an economic collapse of the U.S. had happened ten years ago, the entire planet might have become "the third world". Today, there's a few others to do business with.
One last thought, and remember, you heard it here first (at least if I am right), I see the American indexes dropping below their previous lows in the coming months. I'll join the market at that point because I expect slow and steady gains going forward for the foreseeable future. However, I'm not giving refunds if I'm wrong.
Friday, 14 November 2008
The psychosis of corporations
For anyone who still had a modicum of respect for the institution of corporations, guess what Goldman Sachs and Morgan Stanley are doing with the $10 billion of American taxpayer bail-out money. What else? They are giving out $12 billion in year-end bonuses, mostly to executives, of course, who have done a fine job taking them to the brink of bankruptcy. Oy.
Their reasons for the bonuses are further testament to the depth of their mental malady. According to them, the purpose of the bonuses is to retain "the talent". The same "talent" that nearly put the company under. The powers that be are so clueless that they don't know that if "the talent" leaves over being disgruntled over a lack of a bonus this year, that 1) they are spared the expense of a possible severance package should they need to cull the herd and 2) that this is an employer's market where they can re-hire better talent and for less compensation. Duh.
Their reasons for the bonuses are further testament to the depth of their mental malady. According to them, the purpose of the bonuses is to retain "the talent". The same "talent" that nearly put the company under. The powers that be are so clueless that they don't know that if "the talent" leaves over being disgruntled over a lack of a bonus this year, that 1) they are spared the expense of a possible severance package should they need to cull the herd and 2) that this is an employer's market where they can re-hire better talent and for less compensation. Duh.
Sunday, 19 October 2008
I thought he was kidding
Someone posted about tent cities in the United States. I have not seen anything in the news about it, so I thought the guy was joking. Just to be sure, I did a search and found this:
The chickens have come home to roost.
The chickens have come home to roost.
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