***Official*** 2012 Stock Market Thread

[JTsyo]

I wouldn't be surprised with a spike at the end of the day for nVidia.

 

[Imp]

Looks like I should stock back up on oil sands:

http://ca.reuters.com/article/topNews/idCABRE8790IF20120810

 

[Arachnotronic]

Yay FSII buyout!

 

[JTsyo]

Why didn't I sell OCZ at 7? Could have bought back in now. oh well guess I can hold it through the holiday season now.

What's holding nVidia back? Overall decrease in computer sales?

 

[zimu]

OCZ probably a good buy right now, no?

 

[JTsyo]

OCZ probably a good buy right now, no?

Now there's rumors they might dilute the stock more to gain some more cash. If that happens expect another dip. Overall I think they'll be OK but expect a while before things turn around.

 

[Blades]

Now there's rumors they might dilute the stock more to gain some more cash. If that happens expect another dip. Overall I think they'll be OK but expect a while before things turn around.

From whom? That is bullshit from stocktwits. Read the earnings transcript; I remember seeing something about additional line(s) of credit.. nothing mentioned about stock dilution..

 

[Blades]

"The Wells facility has a five-year term and provides for committed expansion up to $60 million of cumulative borrowings and a potential further expansion to $100 million of total borrowings. In each case, if certain conditions are met. This new credit line provides us with increased debt capacity at lower financing cost."

http://seekingalpha.com/article/713...cusses-f1q13-results-earnings-call-transcript

 

[JTsyo]

From whom? That is bullshit from stocktwits. Read the earnings transcript; I remember seeing something about additional line(s) of credit.. nothing mentioned about stock dilution..

yea, you're right. tech insdr Someone made the same point of the credit line the comments.

 

[Arachnotronic]

Why didn't I sell OCZ at 7? Could have bought back in now. oh well guess I can hold it through the holiday season now.

What's holding nVidia back? Overall decrease in computer sales?

Price to earnings ratio too high if you don't back out the cash. It does not yet deserve a multiple equal to Qualcomm's.

 

[Blades]

yea, you're right. tech insdr Someone made the same point of the credit line the comments.

I could've guessed that was the source of the supposed info. He was also knocking on Intel for not having a mobile offering... as in he was completely unaware of Medfield and Intel's huge lead they have over any other semi fab.

 

[Blades]

MRVL down AH on misses across the board.. Lets see how this pans out..

 

[MontyAC]

Facebook, under $20. Maybe I'll buy it when it drops to $10.

 

[zimu]

Should've gotten back in on OCZ at 4.50 was one click away from confirming the trade but thought I was being too impulsive and cancelled!

 

[zimu]

MRVL down AH on misses across the board.. Lets see how this pans out..

-15% overnight, nice. Great time to buy the dip.

 

[JTsyo]

What is your thoughts on something like OXF (coal mining in Midwest)? Their dividends are at 20% since the stock dropped in price by half. Is it likely they will cut dividends to fall back into the 10% range? I'm thinking if I can get in at this price, even if the dividend yield drops due to increasing stock price, I'll still have the same yield, just would have to stop reinvestment of dividends at higher prices.

 

[jmolayal]

Any thoughts on AMD gang? Seems to have a good resistance at 4, and trades in a range between 4 and 5. Buy some up and sell it at 4.5 or 4.75?

 

[KB]

What is your thoughts on something like OXF (coal mining in Midwest)? Their dividends are at 20% since the stock dropped in price by half. Is it likely they will cut dividends to fall back into the 10% range? I'm thinking if I can get in at this price, even if the dividend yield drops due to increasing stock price, I'll still have the same yield, just would have to stop reinvestment of dividends at higher prices.

Assets are falling and debt is increasing. That is the only way they could be paying such a dividend, but you are right it can't last, since they haven't had a profitable quarter in some time. I don't think they will cut the dividend just 50%, my guess is they would get rid of it completely. The best reason to play this stock is if you believe Nat Gas will be increasing in price to the point that utilities begin more coal usage and less Nat Gas.

 

[Corporate Thug]

Facebook, under $20. Maybe I'll buy it when it drops to $10.

15x forward earnings sounds about right.

 

[JTsyo]

Assets are falling and debt is increasing. That is the only way they could be paying such a dividend, but you are right it can't last, since they haven't had a profitable quarter in some time. I don't think they will cut the dividend just 50%, my guess is they would get rid of it completely. The best reason to play this stock is if you believe Nat Gas will be increasing in price to the point that utilities begin more coal usage and less Nat Gas.

Do plants have the capacity for both NG and coal?

 

[IHateMyJob2004]

Should've gotten back in on OCZ at 4.50 was one click away from confirming the trade but thought I was being too impulsive and cancelled!

You have a skill most don't realize is a skill. Don't regret it.

 

[Blades]

You have a skill most don't realize is a skill. Don't regret it.

Erm, not to sound like a wise ass, but hindsight is a skill? Don't worry, I think I might've sold near there! Shouldn't have done that, feels worse! Mrvl was a fantastic pooch screw. Should've sold the minute I heard the stuttering execs on conf call.

Btw, psec is now 11.42 - 5.5% price increase ain't bad for a stock that yields 10+%

 

[Imp]

Erm, not to sound like a wise ass, but hindsight is a skill? Don't worry, I think I might've sold near there! Shouldn't have done that, feels worse! Mrvl was a fantastic pooch screw. Should've sold the minute I heard the stuttering execs on conf call.

Btw, psec is now 11.42 - 5.5% price increase ain't bad for a stock that yields 10+%

Unless he was being sarcastic, discipline and being able to resist being impulsive is a very good skill, especially when playing higher-risk tech stocks.


I've been sitting it out over the past two to three weeks. Really busy at work and just not seeing any action. With my luck, there's a massive rally coming. In the mean time, it doesn't look like I've missed much.

 

[Blades]

Unless he was being sarcastic, discipline and being able to resist being impulsive is a very good skill, especially when playing higher-risk tech stocks.


I've been sitting it out over the past two to three weeks. Really busy at work and just not seeing any action. With my luck, there's a massive rally coming. In the mean time, it doesn't look like I've missed much.

You've missed quite the rally.. I only say this because I don't want you to buy something thinking we've remained flat for the past 2-3 weeks.. STX +18% since 08/01/2012, AAPL and GOOG +7%. Even AMAT, which disappointed, is up 10%. FIO is up 55.76%. and so on..

INTC has been fairly suppressed. up 1.54% since Aug 1st. It did pay a .225 cent dividend.

Choose wisely sir.

 

[IHateMyJob2004]

Lee was also up again due to the buffett effect.

I sold off my holding on friday in hopes to get back in after the buffett effect goes away. That's what happened last quarter anyway. If it goes up up up, i'll be sad but that's life.