CNBC: "Invest in Jefferies Group" Yea.. I said that weeks before FAST MONEY Did!
1) (JEF) I knew it! I was right on the money!
When I give out advice it is sound advice.
(JEF) Jefferies Group is a good quality investment bank that is the exception to this whole investment banking mess. They are low low risk and I based it on my review of the last earnings report which would have been a PROFIT (when's the last time you saw that in this sector?) if it weren't for the severance charge.
When's the last time you saw an Investment Bank HIRING instead of laying people off or filing for Chapter 11 Bankruptcy?
Ya want a good investment in the Financials Sectors? There are a few good ones out there.
JEFERIES GROUP (JEF) just so happens to be one of them. And selling at a 17 handle, it is still cheap.
2) CLNE??? QTWW?? Both are now tanking! They may be ok investments later on but right now not worth the price they were selling for. Jim Cramer should be ashamed of himself for pumping this stock to levels waaay beyond its current true book value.
3) *This just in* Clearly Canadian CCBEF stock price just exited in grand fashion it's $1.15-1.22 price range it was selling at for months. It dropped like a rock to $1.01.
With a current asking price of $1.03... I will try to buy some shares because that's quite a bargain.
Hey I'll be the first to say that Clearly Canadian as an investment right now is premature in the sense that they aren't YET making a profit. But, I would also suggest to anyone reading this that this is the cheapest price CCBEF.OB has sold for for quite a long time and perhaps...perhaps...the only opportunity in which you'll ever see the stock at these lows.
When the acquisitions close Clearly Canadian's stock price will leap back to and perhaps beyond $1.22. And when an earnings report proves out the THESIS that the company's revenues are now doubling and the company is now cash flow positive/profitable.... Well...
This is basically an opportunity of a lifetime for LONG TERM Investors who love PENNY STOCKS and BEVERAGE COMPANIES!
Buy LOW and Sell.... Sell.... 10 years from now!
CCBEF's RSI is at 26% almost a full 4% below the 30% threshold, meaning it is waaay oversold here.