***Tripster's 2008 Investments (Ongoing thread)***

Credit is drying the fuck up fast out there & stock margin requirements are getting insane now! Bidu margin requirement 70% WTF:smh:
 
There are talks that the feds won't cut rates at their next meeting. So, financial stock will keep tanking. I need to get out of etrade, if it can just rise up a little today.
 
Man, i hate seeming like a trader rather than an investor, but it seems an investor would have to have the internal fortitude to ride LONG on solid companies & not be hit by these major bumps. Funny to see BMO raise target on POT to 200/ AGU to 95. It's amazing how these banks just dole out targets.

Capone...i'd hate to be on margin in this market...learned me lesson in margin yrs ago,,cash & oly cash accounts now...

As an aside,,,i want to say a little about the PMGs, if you've researched them you know the issues, but I'd point out rhodium to you as the platinum metal which has the most limited investment exposure thus truly provides the demand for the metal. Pal & Plat are being worked up & down due to the investment angle of the two..it's not that there is more or it is cheaper, simply put, they are going to be volatile due to this..rhodium will display pure non investment demand/price. I'm confident in PAL for many reasons, while it may be a longer wait, i still believe platinum & palladium have a far ways to go,,as seen by longer term charts.............

hang in there guys,,,those on margins,,,stop it,lol
 
Man, i hate seeming like a trader rather than an investor, but it seems an investor would have to have the internal fortitude to ride LONG on solid companies & not be hit by these major bumps. Funny to see BMO raise target on POT to 200/ AGU to 95. It's amazing how these banks just dole out targets.

Capone...i'd hate to be on margin in this market...learned me lesson in margin yrs ago,,cash & oly cash accounts now...

As an aside,,,i want to say a little about the PMGs, if you've researched them you know the issues, but I'd point out rhodium to you as the platinum metal which has the most limited investment exposure thus truly provides the demand for the metal. Pal & Plat are being worked up & down due to the investment angle of the two..it's not that there is more or it is cheaper, simply put, they are going to be volatile due to this..rhodium will display pure non investment demand/price. I'm confident in PAL for many reasons, while it may be a longer wait, i still believe platinum & palladium have a far ways to go,,as seen by longer term charts.............

hang in there guys,,,those on margins,,,stop it,lol

The chances of PAL & SWC turning into a triple digit stock is more likely to happen than my money making anything worth mentioning in a bank account. Now is the time to buy but calling a bottom is tough. There were some great picks and knowledge spread around here. Most likely the ones who got in early werent lucky they were prepared. Hopefully in 2011(or sooner) I'll be happy as a man who dropped 5k on Apple in 2003.
Man time fly.....tool up!!
 
Man, i hate seeming like a trader rather than an investor, but it seems an investor would have to have the internal fortitude to ride LONG on solid companies & not be hit by these major bumps. Funny to see BMO raise target on POT to 200/ AGU to 95. It's amazing how these banks just dole out targets.

Capone...i'd hate to be on margin in this market...learned me lesson in margin yrs ago,,cash & oly cash accounts now...


Well for me I only use margin on certain stocks. Trust me I'm no fool margin is bad if you bet the farm & inexperienced with the risk reward ratio, trust me over the years I heard alot of catastrophic stories thats not even funny:smh:.

Right now i used margin in about 25% of my hands & 75% of those hands are short positions. My winning % with that strategy is about 75% to 80%.:yes: This market is great for experience traders but horrible for investors. Right now I'm playing these stocks like LAME BITCHES, they shook therefore their predictable & I'm FUCKING them hard before they F me!
 
The chances of PAL & SWC turning into a triple digit stock is more likely to happen than my money making anything worth mentioning in a bank account. Now is the time to buy but calling a bottom is tough. There were some great picks and knowledge spread around here. Most likely the ones who got in early werent lucky they were prepared. Hopefully in 2011(or sooner) I'll be happy as a man who dropped 5k on Apple in 2003.
Man time fly.....tool up!!

I have a great deal of confidence in PAL/SWC as well. In the long haul i think the prices they trade at now could be small to where they could be. Metals are not going to go down, they will be volatile but will ontinue the assent. PAL/SWC stand to benefit. I'll carry my losses for now. AGs have been slaughtered today, POT chaving off 12.00. Mos -9. I decided to hop back in POT,,but already i'm down on it,,such a market,,,agree w/ the last poster - its there to play, but if you step in & u go red quick the play turns bad,,,ah well...no loss till you sell...

Any one have ANY stock thats been doing ok of late??? I can't seem to name one..
 
I have a great deal of confidence in PAL/SWC as well. In the long haul i think the prices they trade at now could be small to where they could be. Metals are not going to go down, they will be volatile but will ontinue the assent. PAL/SWC stand to benefit. I'll carry my losses for now. AGs have been slaughtered today, POT chaving off 12.00. Mos -9. I decided to hop back in POT,,but already i'm down on it,,such a market,,,agree w/ the last poster - its there to play, but if you step in & u go red quick the play turns bad,,,ah well...no loss till you sell...

Any one have ANY stock thats been doing ok of late??? I can't seem to name one..

All my position have been red for about 5 days. It look like a murder scene in there.:eek::eek:
 
Popo, we have to go back to the recession basics........

Don't fall in love with the stock, fall in love with the % increase.


It's a recession and we keep forgetting the cycles.


The market has to tank for a couple of weeks for teh fed to cut interest rates again.

We forgot the lessons of January............:smh::smh::smh:


Take your profit and stand on the sidelines until the fed cuts the rate.

Why are we buying now? We are not near this artificial bottom.....
 
Popo, we have to go back to the recession basics........

Don't fall in love with the stock, fall in love with the % increase.


It's a recession and we keep forgetting the cycles.


The market has to tank for a couple of weeks for teh fed to cut interest rates again.

We forgot the lessons of January............:smh::smh::smh:


Take your profit and stand on the sidelines until the fed cuts the rate.

Why are we buying now? We are not near this artificial bottom.....

I've taken that course, there is no love among stocks, but a golden prospect is worth the wait, sometimes you have to peddle coal to find diamonds, I took most of January profits off,..still holding down about 20% on PAL..
POT/AGU/COIN/COINW - All had to be dismissed for good service & behavior.I'll see how PAL shapes up thru earnings, having been a long time metal investor..until something shows me that anything this earth produces isn't valuable, then it's the time to bail on metals...until then,,i'll watch things like oil at $108, right in time for spring..125-150 for summer. I'll wait out platinum & palladium,,
 
Week of 3/17/2008 upcomings Ipo's
Company Name--- Symbol--- Price Range--- Shares--- Underwriter--- Trade Date
CardioNet----------- BEAT---- $22.00-$24.00--6.6 mil----Citi------------ 3/18/2008
Pogo Jet-------------POGO----$12.50-$16.50--7.0 mil-- WR Hambrecht--3/18/2008
Visa-------------------V--------$37.00-$42.00--406.0 mil--- J.P. Morgan--3/20/2008
 
Week of 3/17/2008 upcomings Ipo's
Company Name--- Symbol--- Price Range--- Shares--- Underwriter--- Trade Date
CardioNet----------- BEAT---- $22.00-$24.00--6.6 mil----Citi------------ 3/18/2008
Pogo Jet-------------POGO----$12.50-$16.50--7.0 mil-- WR Hambrecht--3/18/2008
Visa-------------------V--------$37.00-$42.00--406.0 mil--- J.P. Morgan--3/20/2008
That Visa stock is gonna skyrocket when it finally start. Betta get in early while it's still in the 40's before it takes off!!:yes::yes::yes:
 
I definitely want to get in on that Visa stock. I have a feeling it's going skyrocket as predicted!

Whats the best online brokerage to use:
Sharebuilder
Zecco

or something else?

Let me know, so i can open an account and get ready for this!
 
ahhhhhhhhhhh shit here comes visa, you guys still think its a good buy or is it over price, i think PoPo said he felt it was? I'l going to get some of it ust in case I think the hype will move it quite a bit
 
ahhhhhhhhhhh shit here comes visa, you guys still think its a good buy or is it over price, i think PoPo said he felt it was? I'l going to get some of it ust in case I think the hype will move it quite a bit

Felt VIsa was coming out the gate a bit too big, the largest IPO ever. Mastercard really paved the way for Visa, to go this big. I think this market will be looking for new blood, & Visa might be something they use a bit. People are saying its going to skyrocket...WHY?? It's coming out the box as a $20B+ company,
http://finance.yahoo.com/q/bc?s=MA&t=2y&l=on&z=m&q=l&c=
Mastercard is a 25B company, w/ several years on the public markets...you think Visa is 2x,3x,4x Mastercard..or are the EVEN..I think they just priced high & came big so the gains will be minimal..not saying its not a good play, but dont think you getting 500% on it...NO FREAKIN WAY!!!, I'd watch the market cap. as soon as it touched mastercard's the game stops..just opinion ofcourse....good luck to those who snag it
 
Been awhile since I posted in here. Just some articles I thought people would like:

News Flash: Academics Prove Buffett Talented Investor!

http://www.fool.com/investing/value...-academics-prove-buffett-talented-invest.aspx

Alex Dumortier, CFA
March 10, 2008

For years, finance academics scoffed at the notion of investment skill, preferring to adopt the efficient market hypothesis (EMH). According to EMH, stock picking is a waste of time because a security's price reflects all relevant information at any given moment. In this framework, consistently beating the market is an anomaly attributed to a string of luck that is bound to happen with enough participants.

A recent paper, however, undermines that theory. The authors used the quantitative tools of finance academics to show that Warren Buffett's investing record, perhaps the greatest "anomaly" of all (and a real thorn in the side of the theoreticians), can't be explained by luck or risk, but rather is the product of skill.

"I'd be a bum...
... on the street with a tin cup if the markets were always efficient," Warren Buffett told Fortune magazine in 1995. So while Buffett would agree that the market is mostly efficient, that still leaves him room to earn his keep.

He does this by taking action only when a great business becomes temporarily undervalued. "Mostly efficient" and "always efficient": the distinction makes all the difference in the world.

Hitting the 99.99th percentile
Buffett is the best-known practitioner of value investing, the strategy pioneered by his mentor Benjamin Graham, and his track record is a wonderful illustration of value investing's efficacy over time. Between 1976 and 2006, Berkshire Hathaway's stock portfolio beat the market 28 out of 31 years -- consistency that puts it in the 99.99th percentile. Yet it's the combination of consistency and his margin of outperformance -- 14.65 points per year over the S&P 500! -- that led the authors of the afore-linked study to conclude that neither risk nor luck can explain these extraordinary numbers.

Usefully, the paper also debunks the myth that value investing means systematically buying low price-to-earnings or low price-to-book value stocks. In analyzing Berkshire Hathaway's stock holdings, the authors found that they are best characterized as large-cap growth. The Berkshire portfolio contains companies with consistent growth profiles that span decades, such as Johnson & Johnson (NYSE: JNJ) and Coca-Cola (NYSE: KO).

To emulate Buffett, look for large companies with high returns on capital (an indication that they have a competitive advantage) and low debt at a reasonable price. The following stocks are part of the results of a screen I created along these criteria:


Return on Equity


Return on Capital


Market Capitalization (in billions)

Automatic Data Processing (NYSE: ADP)


20%


18%


$20.6

Baker Hughes (NYSE: BHI)


26%


21%


$20.7

Intel (Nasdaq: INTC)


18%


13%


$116.9

Nokia (NYSE: NOK)


54%


32%


$130.0


One of the stocks on this list -- Intel -- happens to be a current Motley Fool Inside Value recommendation. It lends weight to the screen, but the converse isn't true. After all, showing up on a screen would be no more than the first step in a long vetting process before a stock becomes a recommendation (I know, because I work on this newsletter).

It's simple, but it isn't easy
With stock market volatility near a multiyear high, this is a period in which some outstanding companies are going on sale. That doesn't happen very often, and investors who follow value investing principles can take advantage of these opportunities. The principles are:

* 1. Stocks are fractional ownership interests in businesses.
* 2. Businesses have a value.
* 3. The value of entrenched, predictable businesses can be estimated with reasonable confidence.
* 4. Purchasing a stock at a price that equates to buying the business at less than its value will produce superior returns.

I have adopted this approach because, of those I understand, it's the only one that I find practicable. Still, it requires a combination of knowledge, hard work, and hard thinking. It's no easy task putting these simple principles into practice. At Inside Value, that's what we do all day long.

If those principles make sense to you too, click here to join us free for 30 days. There's no obligation to purchase, and you can find out more about value investing and see our latest picks.

This article was first published Jan. 11, 2008. It has been updated.
 
Todays is gonna be a good day to ride the wave & sell into the rally.:yes:

As far as Ipo's Visa is a big ass one. Right now I'm 60 - 40 for it. But I'm constantly thinking about the fact that BIG BANKS earnings comes out next week along with the feds FOMC Policy Statement Tuesday.

If those # are bad forget about it. So I'm waiting until mid Tuesday to make my decision. Also if i were to get in @ 37 - 39 I probably would take the penalty & dump @ the open which I believe would be around $45 range.:yes:
 
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Shit,,,,first time i seen anything green in ages..
Platinum & Palladium getting footing i hope...
PAL is to me basing, and it's looking pretty good.
 
My list for today is Rimm, DRYS, & AMZN my strategy is short term scalping - + momentum plays anywhere from 1 - 30 min holds depending on the profit. Hand size 500 - 1000 shares.
 
Pal is up to 7.20. Gawd I hope it keeps climbing. I am now down to only 400$ in the hole.
 
Pal is up to 7.20. Gawd I hope it keeps climbing. I am now down to only 400$ in the hole.

Jag..seem like u tryin to do a quick okie doke exit out of PAL, i'm long on it,..will get my 40%+ returns on it i assure you..

i just hope it bases...in the 7-8 range i can be cool with that
 
Hey Pop

I think I'll stay. I was going to play on the swing today and i noticed a steady increase. My loss yesterday got me scared.
 
Hey Pop

I think I'll stay. I was going to play on the swing today and i noticed a steady increase. My loss yesterday got me scared.

just think the palladium/PGM prospect is just too good to miss out on,,,
http://seekingalpha.com/article/57172-calling-a-north-american-palladium-bottom

cat wrote a good write up on PAL/SWC there, that was all before electricity issues in SA..
when winter comes we'll see how SA moves,,90% capacity will be the norm soon enough.
Did'nt realize the Aggies moved up so big,,wow,,POT 13+/ MOS 10+ man these fund managers must have a good laugh, we oursleves are just account managers, but man you got to laugh at the movements sometimes.

will wait for new 52 week high on PAL..
 
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I bought into the bear market too early on PAL and ETFC last week. I used up most of my investment cash buying in the middle of the bear run, and I 'm waiting to get my money back. I'm gonna long PAL, but I'll pay attention to ETFC to see if it will break the 5-5.50 range. This subprime crap has everyone skittish about ETFC even though the money is still comin in (though some of it's being paid to Citadel to repay their loan.) Anyone else time the bear a little better? Also put a little into COIN today for a short-term play. Noteworthy news on COIN today. If they can pull it off, and get a government contract, this stock might be a decent long. Until we see some earnings though, it's still a short-term position for me. Thoughts?

Converted Organics Joins With SafeLawns.org to Sponsor National Mall Organic Lawn Test
Tuesday March 11, 6:00 am ET
http://biz.yahoo.com/bw/080311/20080311005497.html?.v=1

BOSTON--(BUSINESS WIRE)--Converted Organics Inc. (NASDAQ:COIN - News) based in Boston, MA, producer of all natural, organic soil amendment and fertilizer products through food waste recycling, announced today their cooperative partnership with SafeLawns.org to sponsor the renovation of four acres of the National Mall in Washington, D.C. The project is a collaboration involving the National Park Service (NPS), Environmental Protection Agency (EPA) and Safelawns.org. This project plans to evaluate the efficacy of organic practices and products on a test site over the course of two years.

Safelawns.org, a non-profit organization dedicated to promoting natural lawn care, is conducting the test, which the other two agencies will evaluate.

Representatives of SafeLawns.org began the test by tilling a four-acre section of existing lawn, adding compost, other natural soil amendments and organic fertilizer before reseeding the area. The team will return to the site frequently over the next two years to continue an organic maintenance program. The NPS and EPA will evaluate each of three plots: one maintained conventionally by the NPS, a second that has received standard organic treatment (maintenance via organic products), and a third that has had a complete organic makeover with Converted Organics’ all-natural, organic soil amendment and fertilizer products, with the focus on building healthy soil before planting.

“We are pleased to provide support needed for such a high visibility endeavor,” notes Rich Aleo, vice president of market development. “We are participating in this test precisely because we are confident it will be a success. With over 25 million people annually visiting our nation's capital, we expect this will be a highly visible demonstration of the effectiveness of organics.”

“Converted Organics welcomes the opportunity to lend our products and expertise to an effort that will enhance one of our nation’s most important public areas,” said Edward J. Gildea, President of Converted Organics Inc. “Being selected as a partner for this public-private collaboration is the latest demonstration of Converted Organics’ leadership position in the organic fertilizer industry, and we are proud to be such an integral component of this important effort.”

“We are extremely pleased with our relationship with Converted Organics. With their support we are better able to advance public education and other projects including the development of a certification seal that will help consumers become better stewards of environment,” said HGTV host Paul Tukey, author of the Organic Lawn Care Manual and founder of SafeLawns.org.
 
My cousin put 2500 into this TMA stock yesterday and he gained 130% OVERNIGHT. I never fall into stuff like this but he is a hardcore trader though.http://finance.google.com/finance?q=TMA&hl=en


playing for the dead cat bounce is always a crazy proposal. But sometimes, you get lucky with it. Good pickup for quick 100%.

MadSci...
COIN is a highly speculative company, with a very low share count. If the get their plant open in 2Q08, it will be intersting to watch how the market treats them...it's a great trading stock if you can play the swings, but they honestly have nothing to warrant the market cap the've been allowed to have,,..
 
Nah, I don't have that kind of heart, he's a surgeon, so he's got deep pockets.
 
Nah, I don't have that kind of heart, he's a surgeon, so he's got deep pockets.
 
Nah, I don't have that kind of heart, he's a surgeon, so he's got deep pockets.

Network not go 50/50 with homeboy. Im sure you can afford to talk with cuz. Thats good company. Pay for dinner light some cigars meet on the golf course. Where the cash at?
 
You mofo's have inspired me to do something I've been talking about doing for the past 8 years!

I opened a ShareBuilder account, and started it with $1,000 in the account.

I am looking forward to the Visa IPO next week, as well as a few other things here and there. (Yes, I know i am only starting with $1,000 in the account....give me some time to get use to it ... and comfortable!)

This needs to be a sticky topic! Let's keep the momentum going!

 
You mofo's have inspired me to do something I've been talking about doing for the past 8 years!

I opened a ShareBuilder account, and started it with $1,000 in the account.

I am looking forward to the Visa IPO next week, as well as a few other things here and there. (Yes, I know i am only starting with $1,000 in the account....give me some time to get use to it ... and comfortable!)

This needs to be a sticky topic! Let's keep the momentum going!


becoming like a cult,,we jus converting peeps onto some money grind....welcome man...don't feel bad i started w/ 2k, way back in the day...
seems like alot of ya'll goin in on Visa...hmm,,i'm waiting on Intrepid, suckers ain even price yet
 
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