Lol, self-employed my friend ... although I invest for my clients as well (whose portfolios total appx $500k in value). I'm a day trader by nature, but an investor at the same time. I always keep money on the sidelines to day-trade with when opportunities arise ... like JEDM going under .10 today, bought $10k worth, then flipped it @ .15 for a 50% ROI ... sometimes there's easy money you cant ignore even if you consider yourself an investor.
where did you get your education in all of this ?
i have often thought of taking some classes in finance.
the last thing i would want to do is go to school for a firm , get accepted and then pound the phones cold calling people.
where would you tell a novice to start in the process of learning the business ?
i have often thought of taking some classes in finance.
the last thing i would want to do is go to school for a firm , get accepted and then pound the phones cold calling people.
where would you tell a novice to start in the process of learning the business ?
I dont know so much about business as I do price evaluation. A great book that really enlightened me on investing abroad is called:
The Either/Or Investor by Clark Winter ... great read. I bought it on ebay for like $8, lol. Cramer always has good insight on where he thinks the market is going, and he's usually right (or at least close).
I dont recommend listening to big whigs though, they're all smoke and mirrors. They'll tell you not to do something, but then they'll turn around and do it. Most investors/traders say to stick with the best of breed. While this may be true in some cases (like Microsoft when it had no Operating System competitors), I highly disagree with this theory (as does Clark Winter). You make your money by investing in the smaller companies that are going to be taking away revenue and profits from the big boys and swaying customers to come to them. It also spurs creativity and new products always catch people's eye.
Any way, major things to look for when evalutating stocks are the P/E, PEG, Price to Book Value, Price to Sales, and one I like to throw in is Price to Cash (sounds stupid, but who wants to invest in a company with no $$ to do anything new or innovative?). Hope this helps you get started. Also, investopedia.com is a great resource for definitions of the above terms (except for price to cash, that's my own). GL
The Either/Or Investor by Clark Winter ... great read. I bought it on ebay for like $8, lol. Cramer always has good insight on where he thinks the market is going, and he's usually right (or at least close).
I dont recommend listening to big whigs though, they're all smoke and mirrors. They'll tell you not to do something, but then they'll turn around and do it. Most investors/traders say to stick with the best of breed. While this may be true in some cases (like Microsoft when it had no Operating System competitors), I highly disagree with this theory (as does Clark Winter). You make your money by investing in the smaller companies that are going to be taking away revenue and profits from the big boys and swaying customers to come to them. It also spurs creativity and new products always catch people's eye.
Any way, major things to look for when evalutating stocks are the P/E, PEG, Price to Book Value, Price to Sales, and one I like to throw in is Price to Cash (sounds stupid, but who wants to invest in a company with no $$ to do anything new or innovative?). Hope this helps you get started. Also, investopedia.com is a great resource for definitions of the above terms (except for price to cash, that's my own). GL
Bah, that's just a hedge spec. Great long-term potential, I'd say around $20-40 in 3-5 years ... but, it's more likely they'll get bought out by Goldcorp for around $10 in the near future. Easy 30-50% run when they update the public with better than expected Gold drills. Easy money, but more becuz of the buy-out potential, location of reserves, and Gold going to $1200-1300 in the near future.
Pick up some China plays bro. AHR is worth a hard look even though it's ran like 30% in a few days.
Pick up some China plays bro. AHR is worth a hard look even though it's ran like 30% in a few days.
CYXN ended up 47% today to close at .34. Hope you got in that one in the low-mid .20s. This thing has legs and will continue its run to .50 in the very near-term future. Return isnt as great as it wouldve been had you bought earlier, but that's about another 75%. Buy first thing in the morning under .35 and you'll be rewarded soon.
It's never too late to buy a stock with a ttm PE of 2 that gave positive forward guidance for 2nd half of year.
Technical Analysis:
ttm PE is a mere 2 at this time!! (crazy cheap)
"Management believes that our sales will improve with better economic conditions during the second half of 2009. During the latter half of 2009, management believes that the government will pass certain favorable policies which will extend medical insurance coverage to people who live in the rural area or countryside of China, which covers approximately 40% of the Chinese population. Management believes the passage of such policies will highly benefit our sales and operations."
CYXN is perfect for the rural pharma play- especially with the Electronic Diagnosis System in their stores- they estimate 20% increase in revenues this year in those stores.
I think CYXN will cross .50 (for a PE of 3!) soon.
GLTA
It's never too late to buy a stock with a ttm PE of 2 that gave positive forward guidance for 2nd half of year.
Technical Analysis:
ttm PE is a mere 2 at this time!! (crazy cheap)
"Management believes that our sales will improve with better economic conditions during the second half of 2009. During the latter half of 2009, management believes that the government will pass certain favorable policies which will extend medical insurance coverage to people who live in the rural area or countryside of China, which covers approximately 40% of the Chinese population. Management believes the passage of such policies will highly benefit our sales and operations."
CYXN is perfect for the rural pharma play- especially with the Electronic Diagnosis System in their stores- they estimate 20% increase in revenues this year in those stores.
I think CYXN will cross .50 (for a PE of 3!) soon.
GLTA
570K job losses (on target) -- Q2 GDP Prelim -1% (beat expectations) -- Core PCI 2% (on target) -- doesnt look like we get that sell-off today either
$CYXN -- up 80% in two days, hope you guys were in this fun ride. Might be some more profit taking today. Get in under .38 and you'll get soon.
$PUDZ -- doing some very minor consolidation after a 25% run in 4-5 days. Will be making its next 20% move to $6 in the near future, but around $5 if you can.
$LLFH -- consolidating for it's next leg-up to round $5.50-6, get in under $3.80.
$CMTP -- $4 is coming, gonna be tough to break that resistance that ... grab some now in the low $3s and ride this one up.
$CSGJ -- pop coming soon, technicals in my above post ... buy ASAP before the pop happens.
$ABWTQ -- this pink sheet is going to pop any day now, get in this under .15 and be rewarded with a 200-400% run very soon.
GLTA
$CYXN -- up 80% in two days, hope you guys were in this fun ride. Might be some more profit taking today. Get in under .38 and you'll get soon.
$PUDZ -- doing some very minor consolidation after a 25% run in 4-5 days. Will be making its next 20% move to $6 in the near future, but around $5 if you can.
$LLFH -- consolidating for it's next leg-up to round $5.50-6, get in under $3.80.
$CMTP -- $4 is coming, gonna be tough to break that resistance that ... grab some now in the low $3s and ride this one up.
$CSGJ -- pop coming soon, technicals in my above post ... buy ASAP before the pop happens.
$ABWTQ -- this pink sheet is going to pop any day now, get in this under .15 and be rewarded with a 200-400% run very soon.
GLTA
Added:
$CVM -- look and HGSI and DNDN for what the potential is for this one ... I'm think about 1000%-5000% in the next 2-3 months. All dependent on the FDA of course. But this will be hitting $1 in the next few days.
$BIEL -- doubled down on this position today as it looks to be breaking out. Pain patch is gonna be huge. Not a CVM, but still gonna have an awesome September run. At least 500% higher from today's close by end of September.
$ABWTQ -- doubled down again on this one today, pop is coming very soon ... dont let the MMs holding this one down fool you. Check out SSCCQ to see where this one is heading. 300-500% near-term. This will be at least $5, but probably more like $10-15 in a year or two.
Grabbed another 20K $CSGH earlier too ... huge MM drop. Setting up for it's pop to $1.50. Get in tomorrow under $1.15 and ride this baby up. Huge potential here.
GLTA
$CVM -- look and HGSI and DNDN for what the potential is for this one ... I'm think about 1000%-5000% in the next 2-3 months. All dependent on the FDA of course. But this will be hitting $1 in the next few days.
$BIEL -- doubled down on this position today as it looks to be breaking out. Pain patch is gonna be huge. Not a CVM, but still gonna have an awesome September run. At least 500% higher from today's close by end of September.
$ABWTQ -- doubled down again on this one today, pop is coming very soon ... dont let the MMs holding this one down fool you. Check out SSCCQ to see where this one is heading. 300-500% near-term. This will be at least $5, but probably more like $10-15 in a year or two.
Grabbed another 20K $CSGH earlier too ... huge MM drop. Setting up for it's pop to $1.50. Get in tomorrow under $1.15 and ride this baby up. Huge potential here.
GLTA
For those of you that missed it, $CSGH released their 10K yesterday, I expect this to be $3 in a few months, or appx a 200% ROI from Friday's close. Highlights from the 10K:
41% increase in GP, 27% increase in Net Income ... during a recession!!
Gross profit for the year ended May 31, 2009 was $13,588,828, an increase of $3,959,299 or 41% from $9,629,529 for the year ended May 31, 2008. The increase in gross profit was primarily due to revenue generated by increased customer demand and production, and consequently increased sales of our products.
Net income for the year ended May 31, 2009 was $8,580,738, an increase of $1,840,612 or 27% as compared to $6,740,126 for the year ended May 31, 2008.
35,000,000 Assets and only $3,000,000 liabilities....$32,000,000 equity.
$9 Million in Cash!!!
The potential customers we have approached and have showed strong interest in our products in the international market include: Tanaka, Honjo, HLST, Sanyo, Sony, Panasonic, Nihonkagakusangyo, Maxell, LG, Samsung, SK, Hanhua and Light & Future.http://www.offshorebettor.com/index.php?action=view&id=696423
41% increase in GP, 27% increase in Net Income ... during a recession!!
Gross profit for the year ended May 31, 2009 was $13,588,828, an increase of $3,959,299 or 41% from $9,629,529 for the year ended May 31, 2008. The increase in gross profit was primarily due to revenue generated by increased customer demand and production, and consequently increased sales of our products.
Net income for the year ended May 31, 2009 was $8,580,738, an increase of $1,840,612 or 27% as compared to $6,740,126 for the year ended May 31, 2008.
35,000,000 Assets and only $3,000,000 liabilities....$32,000,000 equity.
$9 Million in Cash!!!
The potential customers we have approached and have showed strong interest in our products in the international market include: Tanaka, Honjo, HLST, Sanyo, Sony, Panasonic, Nihonkagakusangyo, Maxell, LG, Samsung, SK, Hanhua and Light & Future.http://www.offshorebettor.com/index.php?action=view&id=696423
I'm not the best at calling near-term price fluctuations, but I'm assuming it'll be $1.50 within two weeks, possibly less, based off their 10K earnings. This thing was almost $1.50 before earnings before the MMs dropped it to let their friends get in. We might see $3 by the end of September IMHO. But then again, I'm better at long-term evaluation and put this one in the $6 range within one year.
