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Yet another stock market thread!

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Crude going down, RBOB gas going up....REFINERS and DRILLERS are the place to be, not the integrated major oil. VLO, TSO, FTO
 
Originally posted by: MisterJackson
Originally posted by: MmmSkyscraper
In other news, no-one gives a sh1t.
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Sadly enough, it seems you might be wrong and that a handful of people are actually listening to this kid talk out his ass.
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Excuse me? Nothing I've posted in this thread constitutes speaking out of my ass.
 
Originally posted by: iversonyin
Crude going down, RBOB gas going up....REFINERS and DRILLERS are the place to be, not the integrated major oil. VLO, TSO, FTO
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Drillers have been strong for a while now. I looked up some analyst reports my broker sent me on RIG and NOV, of which NOV I've had since January.

RIG has a very nice quarter shaping up and NOV has a serious order backlog. RIG has an interesting situation in that their fleet utilization is higher and their day rates are higher with some cost cutting.

SLB, NOV, GSF, HAL, and RIG were/are all reccomended on Mad Money this past week.
 
Originally posted by: PAB
Originally posted by: iversonyin
Crude going down, RBOB gas going up....REFINERS and DRILLERS are the place to be, not the integrated major oil. VLO, TSO, FTO
Click to expand...

Drillers have been strong for a while now. I looked up some analyst reports my broker sent me on RIG and NOV, of which NOV I've had since January.

RIG has a very nice quarter shaping up and NOV has a serious order backlog. RIG has an interesting situation in that their fleet utilization is higher and their day rates are higher with some cost cutting.

SLB, NOV, GSF, HAL, and RIG were/are all reccomended on Mad Money this past week.
Click to expand...

Those are oil services....either way...major oils are more of a safe bet, not a good trading vehicle.- because they give out dividend- you should expect less capital gain.

NE, NBR- these are the drillers.

My whacky pick- GRP- they make pipes and equipment for oil companies.
 
Originally posted by: iversonyin
Originally posted by: PAB
Originally posted by: iversonyin
Crude going down, RBOB gas going up....REFINERS and DRILLERS are the place to be, not the integrated major oil. VLO, TSO, FTO
Click to expand...

Drillers have been strong for a while now. I looked up some analyst reports my broker sent me on RIG and NOV, of which NOV I've had since January.

RIG has a very nice quarter shaping up and NOV has a serious order backlog. RIG has an interesting situation in that their fleet utilization is higher and their day rates are higher with some cost cutting.

SLB, NOV, GSF, HAL, and RIG were/are all reccomended on Mad Money this past week.
Click to expand...

Those are oil services....either way...major oils are more of a safe bet, not a good trading vehicle.- because they give out dividend- you should expect less capital gain.

NE, NBR- these are the drillers.

My whacky pick- GRP- they make pipes and equipment for oil companies.
Click to expand...

I forsee oil moving up just like clockwork, but we're still dealing with the question of - are refining/crack margins going to be impacted by slowing demand? If/When we see $3/gallon everyone planning to take the Suburban to the Ozarks again is going to have some second thoughts.

I'm aware of drillers like Diamond Offshore, Noble, etc. However - drillers do need services. NOV makes the pipe casing, mud, blowout preventers, top drive, and christmas tree. RIG floats the platform out there and does the contract drilling. I like RIG more than any other driller after looking at their financials.
 
Originally posted by: MmmSkyscraper
In other news, no-one gives a sh1t.
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In other news, you're a complete an utter a$$. Way to sh1t up an otherwise decent thread discussing something people do in fact take interest in talking about.

To get back on topic, PAB where do you find the stocks you invest in or watch? Ones like Boeing are self-explanatory, they're larger companies that everyone knows about. Do you invest money into any small cap stocks and if so, how do you learn about them? Cramer? A publication like IBD?

I, myself, am trying to break into currency trading and eventually futures. The advantage of currency trading is that it's so cheap - a mini-lot requires a $50 payment that you get back plus/minus any gains/losses, which are ~$1 a point. So you can make some mistakes and not get hit hard in the wallet while learning. (my stop-losses are set to 30 points, so I lose $30 at most when wrong).
 
All I know is that those guys who were shorting and buying puts on LEND last week (or was it a couple of weeks ago) are rolling in the dough today.
 
Originally posted by: crownjules
Originally posted by: MmmSkyscraper
In other news, no-one gives a sh1t.
Click to expand...

In other news, you're a complete an utter a$$. Way to sh1t up an otherwise decent thread discussing something people do in fact take interest in talking about.

To get back on topic, PAB where do you find the stocks you invest in or watch? Ones like Boeing are self-explanatory, they're larger companies that everyone knows about. Do you invest money into any small cap stocks and if so, how do you learn about them? Cramer? A publication like IBD?

I, myself, am trying to break into currency trading and eventually futures. The advantage of currency trading is that it's so cheap - a mini-lot requires a $50 payment that you get back plus/minus any gains/losses, which are ~$1 a point. So you can make some mistakes and not get hit hard in the wallet while learning. (my stop-losses are set to 30 points, so I lose $30 at most when wrong).
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I read - A LOT. Seriously. I've also got my eyes and ears wide open. Just as an example, did you know CAT is having problems with getting ACERT to meet new EPA regulations regarding on highway diesel engine emissions? Did you know PCAR has/will post an INCREDIBLE order surge for trucks because everyone wants a truck that was made before said EPA regs went in effect on Jan 1? The EGR can reduce NOX and other VOC's from exhaust but they just cant manage particulate emissions. Cue: diesel particulate filters. GLW and MMM make them, and last time I checked we've got a lot of class 8 trucks on the road. Every one will need one and every one will need replacement at regular intervals. Oh, and light duty diesels will need them too. I'm glad I'm long GLW. Too bad LCD TV's arent doing that well anymore, but I do like GLW's LCD business because what's going to need lots of LCD glass in the future? Oh right...... glass cockpits for the new stuff Boeing is rolling out.

Amazing what you pick up in a thread on a trucking forum. 😛

I dont like small caps because simply put - I'm not going to run around what can amount to pumping and dumping. I own several mutual funds that do specialize in small cap stocks, and thats what they're good at doing. I'll leave them be and let them do what they do best. I read a lot of equity research from my broker, who is full service. I generate a lot of commish for him and I do get my money's worth. I talk to my broker more than I talk to my dad. Cramer is a great source of entertainment as well as a great idea generator. Some of his picks have just reinforced my equity research and my position on things like ATI, BA, and NOV - all of which I own. ATI was a solicited buy from my broker's research department. BA was one of my picks just being an avation nerd listening to the feed from JFK approach 😛 and NOV was an equity research reccomendation. I used to read IBD but I dont have the desire to sit in one place and read a newspaper for an hour outside of the D train going from Flatbush to W4.

I'm not into currencies and I dont plan on being, but I will say this. As a rule of thumb being in the business of buying and selling things....

I make 5 trades: three go well, one goes sideways, one goes down. You have to use stops to manage downside. Manage downside, the upside handles itself. If you make a lot of trades, you will incur losses - the big trade that you should be making once in a while is the one that's going to carry you.

My .02.
 
Judging from you trades PAB. You are a Cramerholic. GLW was a bad pick unless you got it around $19. Cramer loved that stock since $23- thats a huge FALL to $19 before it rebounded....
 
Originally posted by: iversonyin
Judging from you trades PAB. You are a Cramerholic. GLW was a bad pick unless you got it around $19. Cramer loved that stock since $23- thats a huge FALL to $19 before it rebounded....
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Actually I've had GLW since $25.....and 2001 and I really dont care. They're an undervalued company. I'm waiting for the street to get off their ass. Not that its a huge deal, but its only a $5000 position.

As the post right above yours indicated, I said you cant get them all. 3/5 will be winners, one will be flat and one will have some downside to it. You have to take the good with the flat.
 
Originally posted by: iversonyin
Judging from you trades PAB. You are a Cramerholic. GLW was a bad pick unless you got it around $19. Cramer loved that stock since $23- thats a huge FALL to $19 before it rebounded....
Click to expand...

He does seem to only be picking Cramer recommended stocks...
 
Originally posted by: PAB
Originally posted by: iversonyin
Judging from you trades PAB. You are a Cramerholic. GLW was a bad pick unless you got it around $19. Cramer loved that stock since $23- thats a huge FALL to $19 before it rebounded....
Click to expand...

Actually I've had GLW since $25.....and 2001 and I really dont care. They're an undervalued company. I'm waiting for the street to get off their ass. Not that its a huge deal, but its only a $5000 position.

As the post right above yours indicated, I said you cant get them all. 3/5 will be winners, one will be flat and one will have some downside to it. You have to take the good with the flat.
Click to expand...

Yea, thats good...for experienced traders...unfortunately, he's not talking to experienced traders. He's talking to newbies. He also mentions how he want to "not hurt people". That Coldwater Creek BLEW UP in his face. And how many people got hurt!

He always try to sell his books and other stuff. I use to watch him, but now I put him on once a while. He knows how to make money off people....if he is trying to help investors, give the books away for a small amount- why charge $10-15 for it?

Another thing is that he doesn't look at chart at all and doesn't care about price point. And he doesn't recommend people putting stop order on these trades.

He is a knowledgeable man and experienced trader...but his show just doesn't reflect that. Sometime I think Cramer has multi personality disorder. Some of the articles he writes are much more insightful then his show. If you are making money trading with Cramer stock picks...great and good luck.
 
Originally posted by: iversonyin
Originally posted by: PAB
Originally posted by: iversonyin
Judging from you trades PAB. You are a Cramerholic. GLW was a bad pick unless you got it around $19. Cramer loved that stock since $23- thats a huge FALL to $19 before it rebounded....
Click to expand...

Actually I've had GLW since $25.....and 2001 and I really dont care. They're an undervalued company. I'm waiting for the street to get off their ass. Not that its a huge deal, but its only a $5000 position.

As the post right above yours indicated, I said you cant get them all. 3/5 will be winners, one will be flat and one will have some downside to it. You have to take the good with the flat.
Click to expand...

Yea, thats good...for experienced traders...unfortunately, he's not talking to experienced traders. He's talking to newbies. He also mentions how he want to "not hurt people". That Coldwater Creek BLEW UP in his face. And how many people got hurt!

He always try to sell his books and other stuff. I use to watch him, but now I put him on once a while. He knows how to make money off people....if he is trying to help investors, give the books away for a small amount- why charge $10-15 for it?

Another thing is that he doesn't look at chart at all and doesn't care about price point. And he doesn't recommend people putting stop order on these trades.

He is a knowledgeable man and experienced trader...but his show just doesn't reflect that. Sometime I think Cramer has multi personality disorder. Some of the articles he writes are much more insightful then his show. If you are making money trading with Cramer stock picks...great and good luck.
Click to expand...

Exactly why I didnt get in on coldwater creek - I buy the stuff I do homework on, and he has a lot of ideas but I dont buy *everything* he reccomends. I buy the stuff I like, and what I like seems to be what he likes.

Through analyst equity research, I have the following:

Comstock Resources (NYSE: CRK), a Frisco, Texas-based independent oil and gas exploration and production company
CVS Corp. (NYSE: CVS), a Woonsocket, R.I.-based retail drugstore chain, which in 2004 acquired part of the former Eckerd drugstore chain, at one time headquartered in Clearwater
Harris Corp. (NYSE: HRS), an international communications equipment company based in Melbourne
Investment Technology Group Inc. (NYSE: ITG), a New York-based company that focuses on trade cost reduction for institutional investors
National Oilwell Varco Inc. (NYSE: NOV), a Houston-based firm that designs, manufactures and sells systems, components and products used in oil and gas drilling and production
Nuance Communications Inc. (Nasdaq: NUAN), a supplier of speech recognition, dictation and digital imaging software, headquartered in Burlington, Mass.
Republic Services (NYSE: RSG), a Fort Lauderdale firm that provides solid waste services throughout the United States
Time Warner Telecom (Nasdaq: TWTC), a Littleton, Colo.-based telecommunication carriers that serves business customers
VeriFone Holdings (NYSE: PAY), a San Jose, Calif.-based provider of point-of-sale hardware and software for electronic payment transactions

Only NOV was JC endorsed, however I did trade CVX which he did like earlier and ATI. ATI was a solicited buy off my FA and the JC reccomendation just reiterated the quality of the position.
 
Originally posted by: sm8000
Thanks for the advice. I feel I overbought Google so I sold off a bit, as well as a good number of worthless shares of Sun. Tomorrow I'll pick up some Boeing with my newfound cash.
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Google? man .. talk about a gamble.
 
Originally posted by: iversonyin
Judging from you trades PAB. You are a Cramerholic. GLW was a bad pick unless you got it around $19. Cramer loved that stock since $23- thats a huge FALL to $19 before it rebounded....
Click to expand...

I get that to .... PAB is nto an investor, but a speculator.
 
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