22thoroughbred

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  • A Troika of REITs: Creating Higher Income in a Depressed Market
    REITs don't trade on earnings they trade on cash flow, they can lose money IF they have the cashflow to pay the dividend, not that I have looked at any of these 3, but at least know the sector before you slam an idea
    Jan 04 17:27 pm |Rating: +3 -2 |Link to Comment |View article
  • Sequenom: Genetic Testing Attracting Smart Money
    according to iifacts.com who lists all hedge funds and their holdings for each of the last 2 qtrs.
    Jan 02 06:30 am |Rating: +1 0 |Link to Comment |View article
  • Sequenom: Genetic Testing Attracting Smart Money
    Ridgeback asset mgmt. sold all 10mm shares in the last qtr
    Jan 02 06:29 am |Rating: +1 0 |Link to Comment |View article
  • More ProShares Ultrashorts Tomfoolery
    even though the explanation is complicated, the premis is not, the article is well written and clear as can be, I have no skin in the game on the ones which you wrote about, I have done very well TRADING the SKF, double inverse financial ETF...all the calculations may be correct, but when the financials are weak and I can make 10-20 points in a day, what is left on the table becomes the cost of doing business, and a cost I have been willing to pay since these are all traded in IRA accts. I figure the non-taxable status of the accounts offset the "cost of doing business" points left on the table
    Dec 29 04:33 am |Rating: +2 0 |Link to Comment |View article
  • Dogs of the Dow - 2008 Projection
    I think the '09 list will be very profitable, there is a UIT (unit investment trust) that buys all 10 as 1 trade and holds for 12 months (maybe 13 to avoid short term cap gains) and that is how I will buy this year...may be put out by First Trust advisors, but any broker can buy it...unless there is an ETF that I am missing. Be well and happy new year.
    Dec 29 02:39 am |Rating: 0 0 |Link to Comment |View article
  • Lithium Batteries Boom: Finding Value in the Automotive Sector
    There is a company called Aerovironment (AVAV) who was the company that made the battery for the 1st battery operated car many years ago, they still hold the patent and are working with both the domestic and foreign automakers...take a look avinc.com
    Dec 20 22:28 pm |Rating: +1 0 |Link to Comment |View article
  • AVAV
    I started accumulating this stock since the IPO, my avg. cost basis is just under $24 and my posts both here and on Yahoo say the same thing, I would consider selling when we hit between $35-$40 and that was raised recently to between $40-$45 or when it became a small part of a bigger company. They are in 3 businesses that are en fuego, they win head to head bids vs. several larger companies, they have no debt, lots of cash, numerous patents and a smart management team (I have met several times). This is the type of stock to own in a bad market, it has done very well in a horrible market, and as it grows so should it's PE and price.
    Dec 17 15:06 pm |Rating: 0 0 |Link to Comment |View forum topic
  • Direxion's Andy O'Rourke Talks Triple Leverage
    Beside an IRA not being marginable, the firm I am with Optionsxpress made the margin requirement 100% about 4-6 weeks ago, all cash, no margin.
    Dec 16 13:32 pm |Rating: 0 0 |Link to Comment |View article
  • Direxion's Andy O'Rourke Talks Triple Leverage
    I am a big fan of the 3X leverage, I have some fairly large accts. that I don't want to day-trade and when the market momentum goes against me I am able to buy several 100-1000 shares of a 3x levered bear fund and protect most if not all the principle loss from my longs, and in an IRA that had been just cash till about 3-4 months ago I have been able to more than double the balance using the 3x leverage and Uncle Sam gets none....thank you Direxion
    Dec 16 11:19 am |Rating: 0 0 |Link to Comment |View article
  • JPMorgan Chase: Poisoned by Bear's 5,000 Counterparties
    I have no idea what assets or longer term liabilities JPM, BAC, WFC, C have, neither does anyone else, including those institutions, what I do know is that things in the financial world are bad, very bad, both here (USA) and abroad, and if there isn't a fix soon, and a real fix, not just a creditline we will be in much worse shape than anyone realizes or admits. Unfortunately if anyone from treasury or the fed were to state the truth it would start an unraveling of the entire house of cards. I am not a bear or a fear mongerer, but a realist and what I read and see tells me to be very worried.
    Dec 15 01:12 am |Rating: +6 0 |Link to Comment |View article
  • Fund Management Fraud: Canadians Get In on the Action
    I would assume Al Gore had money in this fund? Talk about a wasting asset,
    Dec 12 11:04 am |Rating: +1 0 |Link to Comment |View article
  • A Dividend Primer, You Don't Get Something for Nothing
    Sumosama and David, I am sorry but you are incorrect, a stock price is adjusted DOWN on the opening on Ex-Dividend date by the exact amount of the dividend. If it closed the night before at $10 and pays a 50 cent div. the bid price is $9.50...now you are correct, orders to buy and sell pre-open or news pre-open does effect the price as usual, but it is derived from the $9.50 price initially. That I am 100% correct. And yOYO in the 2nd line of my post I specifically state this is relevant to taxable accounts, and that is the basis for my opinion...I don't want to report my own money as taxable dividend income, even at 15%...
    Dec 05 12:08 pm |Rating: 0 0 |Link to Comment |View article
  • Reconsidering Penny Stocks
    It seems like the criteria are well thought out, like anything else I would say be 1. consistent and 2. watch for those that take advantage and block them if needed.
    Dec 03 10:11 am |Rating: +1 0 |Link to Comment |View article
  • A Dividend Primer, You Don't Get Something for Nothing
    I have NEVER been a fan of dividends, why give me back my own money and make it a taxable event (in a taxable acct. of course) I buy 1000 shares of company A at $10 (spending $10,000) they pay a $1 per share dividend and thus reduce the stock price by $1, so now I still have $10,000 worth of assets, but it is $9,000 stock $1,000 in dividend = $10,000 and I have to pay tax on the $1,000 dividend. Too many novice investors don't realize the stock is reduced by the amount of the div. and that's with penny pricing now, it used to be if a co. paid an 8 cent div. the stock was reduced by 1/8th or 12.5 cents, so you would lose money. It was rounded UP to the nearest 1/8th and reduced, so in a year in that scenerio you receive back 32 cents ( 8 cents x 4 divs.) and the stock was reduced by 50 cents (12.5 cents x 4 divs.) No Thanks...
    Dec 02 16:15 pm |Rating: 0 -2 |Link to Comment |View article
  • Citigroup: The End Draws Near
    I had worked in the financial services industry for 20 years, the premise that if a bank buys a broker than the bank clients can be "cross sold" investments was just wrong, and if we buy an insurance co. than we can "cross sell" the clients insurance, NOT. The only people who are cross sold are the least knowledgable of the clients and they usually have the least assets, it does not work. When was the last time your broker sold you a CD or your insurance guy sold you a mutual fund, etc etc, in theory, yes in practice, just doesn't work. Citi was the biggest, but BAC, Fleet, Mellon, etc never worked.
    Nov 23 19:58 pm |Rating: +1 -1 |Link to Comment |View article

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