December 2009
December 28, 2009 –
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RELATED TICKERS: CONN
, SRZ.DL
The two stocks I am talking about are CONN and SRZ. I have followed both stock's stories recently and find some interesting parallels. Both have huge looming debt concerns (had this happened last year during the credit crisis they'd be trading well under $1 and both be strong buys), and actually SRZ just today has renegotiated the terms on their loans. During rosier times of 2007, CONN was trading around $25-30, and is currently trading about 20% of that price right now. SRZ spent the bulk of that time in the $30-40 range and is currently trading at about 10% of that now. CONN seems to be a geographically dependent, saturated business while SRZ is in a geographically dependent business that has tremendous growth potential as the US population ages. [more]
December 15, 2009 –
I just got a spam email for something called Fero Industries - FROI.ob. Looking at its Yahoo message boards, a lot of other people got the email too. I will be watching this for fun but obviously not buying into it. I've gotten numerous amounts of these emails before but I've ingored them. Has anyone ever paid close attention to how these pump and dump spam stocks perform the next few days after the spam emails? Have you actually managed to make money on one of these things, buying and then selling the hot potato to the next bagholder at a profit? [more]
December 07, 2009 –
I'm sure a few of you noticed that there was something called MOQZ.ob that was the biggest gainer on CAPS eligible stocks a few days ago despite the fact that no one held an opinion on it long or short. I'll paraphrase an underperform pitch from DarthMaul09 as to the reason why: [more]
December 02, 2009 –
And this time the USD is NOT tanking. For those less able to put two and two together, that means gold is going up against all currencies tonight. This bull run really looks like its going to last awhile. Oh those poor suckers who shorted gold or bought DZZ when gold was $1000. I know my SSRI calls will do well tomorrow like they did today. Hopefully my CENX calls get some trickle down effect too!