10,000 shares only cost you $1300 which is a small amount most people is not going to lose any sleep over if it go down to 0. However, OTC stocks are off limit to me since my bank (Canadian brokerage) doesn't deal with them.
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For those of you that likes to dabble in the pennies market, ACTC has been approved for phase 1 and 2 multi-center testing, concurrently. This company has a real market of ~30BN with no competitor (and that's just one of their product research). The only reservation is that they have over 1BN shares... But regardless, I suspect this will be a huge pop once the testing data comes back, which will be in about a year. So far, no negative side affects.
That's odd, brokerage will take your money and place the orders for you. Even my company won't touch pennies or recommending pennies to clients, they don't stop me from buying them. It's my money, I can do whatever the hell I want with it, as long as it's reported properly.10,000 shares only cost you $1300 which is a small amount most people is not going to lose any sleep over if it go down to 0. However, OTC stocks are off limit to me since my bank (Canadian brokerage) doesn't deal with them.
Been using finviz.com for over a year now...Once I look there and don't like the numbers I see there, I just move on unless I really want to take a second look. Takes only a few minutes. Only thing missing on there is P/OE which I rely more so than P/E...At least P/FCF is there as well which is good.Borders is probably going to by B&N. That is a good thing for them both. Some consolodation can occur with the brick and mortar locations.
finviz.com. That's interesting. I am doing some side work for someone to write a similar screener.
I'll try to give BAMM and GRVY a look later on today. Have you look through annual reports, etc for them?
I think products like the Kindle are going to reshape print media. The thing is, the product itself is the text, not the paper book or newspaper. The content is hte sam,e the delivery mechanism is just changing. It has taking technology about 10 years (the internet age) to get electronic books right. Newspapers are moving subscriptions to things like the Kindle. Jsut in the test phase now but sounds like a winner.
Barnes and Noble is worth more than Bill Ackman's $16 low ball offer.I took a look over BAMM. Only about 5 minutes. Per my previous Kindle related comment, I just don't see this busienss model as being viable long term. Paper back book stores will always be around, I just don't want to guess at who the winnes will be. My guess is Borders and B&N though. I think the content producers are the way to go if they are beaten down right now.
Csco is finally turning around after plummeting from reduced guidance after earnings, and then mostly 'blah' market conditions for the past couple of weeks. It got an upgrade today so that sorta kick started it's return. It should get back into the 20's here soon enough. I wouldn't be surprised to see it hit 20 tomorrow on a green day, might not get there on a red though.
I seem to like GRVY more than BAMM even though I've spent less than 2 days on the stock. With DCF, I see this stock being worth at least $3-4. NNWC and NCAV values don't look too bad as well...Looks like I'm not going to get much sleep tonight. :wub:I'll try to give BAMM and GRVY a look later on today. Have you look through annual reports, etc for them?
*Shakes head* "I have no idea."I meant DRYS. what do u think?
While gold is most certainly a bubble, I don't short stocks.I'm out of ideas of where I want my taxable account money. My wife and I will keep putting in $49000 per year into long-term retirement accounts (401k + IRA + HSA). But I just don't see any great buying opportunities for the leftover funds in the taxable account. I'm not one to buy individual stocks as I don't have the time to keep up with them. Mutual stock funds are almost universally high, so they don't look like good buys. Bonds and TIPS are netting very little, unless I go with something like Greek bonds. REITs, gold, oil, etc are all high.
So, I'm thinking about more unusual (for me) things. What do you think about shorting gold. I'm thinking about buying DZZ or GLL.
The entire list of over 30 stocks that I watch on the TSX is down except for one (GCE) and I happened to hold on to it as the only one in my portfolio at the moment.
<----- 90% of my money is in cash at the moment, because I'm waiting to jump back into the market next week when every thing down by 4~5%.
*Shakes head* "I have no idea."
That is the response I give(which is usually about 90+% of the time) when people ask me about a stock I know nothing about or that I've only looked at for 5 minutes and don't intend to waste my own time to research further.
Based on what I see from looking at the company description, the company location, stock ratios on FinViz, and running my DCF/EPV along with Financial Statement analysis Excel programs(which only takes 30 seconds each to run), I don't see anything that would warrant me taking a second look and reading hundreds of pages of quarterly/annual reports and other documents.
The company has had negative FCF and Owner Earnings the majority of the past decade.
In conclusion: The company isn't generating cash for it's shareholders.
All in all, probably took about 5 minutes or so.
Now to turn the question around to you since I've answered your question...What do YOU think?
DRYS was only good for a while because of volatility, and only for day trading purposes. Volume dried out, no one cares anymore.Based on what you just said, I will stay away from it.
Oh yay, S&P upgraded the company stock (fair % in the 401k).
Of course they don't. But it's interesting.Not sur what company that is, but upgrades mean nothing.
You think the market will lose 400 - 500 pts next week? I don't see that happening unless they can't get the tax reduction bill passed. I think you will miss out on the holiday optimism. If you are right you will make a killing. Good luck.
Been using finviz.com for over a year now...Once I look there and don't like the numbers I see there, I just move on unless I really want to take a second look. Takes only a few minutes. Only thing missing on there is P/OE which I rely more so than P/E...At least P/FCF is there as well which is good.
Hey lothar,
If there are any metrics that you would like to see in a screener, let me know. P/FCF will be included. I would like to get price relative to the 5 year FCF avg in there but that is TBD. That data is not calculated at gurufocus.com right now so I'd have to ask the owner to add it to the database.... which is very probable. Any stocks less than 5 years old would be dropped from the results though.
If you like FCF, check this out (consider it an idea generator):
http://www.gurufocus.com/dcfFCF.php
If you do not login, you only get a small sample of results. If you register (free) I think you get the full result set. Not sure if the full results are limited to pay-for subscribers though. To tired to check. Give it a whirl though.
EDIT: It says that you need to be a premium member ($250 or $300 a year) to get the full result set. Or you can write articles. You make about $15 per article typically. 5 articles a month gives you a premium membership. I help out with the site so he gave me a membership for free. As for articles, I find it a good way to organize my thoughts. It's just that it motivates me to do so and I then get paid for it. You'd be good at writing articles I think.
You suck then, it only takes Cramer 5 seconds, and three of it to ring the cowbell.Writing articles requires more than 5-10 minutes of research.