dragonLZ (99.47)

65 Comments – Post Your Own

#1) On April 22, 2010 at 11:33 PM, Nickalisk (< 20) wrote:

Impressive.

Time to read what you had to say... ;) 

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#2) On April 22, 2010 at 11:41 PM, Starfirenv (< 20) wrote:

Poetic blend of substance and humor. +1 rec

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#3) On April 22, 2010 at 11:44 PM, Momentum21 (97.99) wrote:

I care man...hopefully you are making some real life coin on this stuff. It is hard to get my arms around BONT and my hats off to you for cashing in. Nothing better then being on the right side of a squeeze...

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#4) On April 22, 2010 at 11:51 PM, RonChapmanJr (98.27) wrote:

We don't care about individual stocks here.  We've all been there and done that.   :)

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#5) On April 23, 2010 at 12:23 AM, dragonLZ (99.47) wrote:

Thank you guys.

Momentum21, I know you care. You and two other guys. Vast majority of my HOT Sectors posts get 0 - 3 recs (while gloom and doom posts here on CAPS get 77, 86, 107 recs...) That's why I said nobody cares... :)

Starfirenv, I can't take the credit for poetic part of the post as it came from Alstry's nobody cares anymore post. :)

Ron, I'm still new here (10 months). That's why I'm still in the "bragging" phase... :)

Good Luck Everybody!  

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#6) On April 23, 2010 at 9:22 AM, lemoneater (86.26) wrote:

dragonLZ, if nobody really cares than you can consider yourself a contrarian investor and hope for outsized returns in underloved sectors.

Except for PSO which makes a lot of its profit with educational materials and books, I don't like media stocks.

I don't like banks.

I'm not crazy about most clothing retail stocks--very little competitive moat and at the mercy of fads.

Although I'm not interested in the same sectors, I'm glad that you have been seeing great results and I wish you continued success with your strategy.

When I was about 4 or 5, I was puzzled why my father was interested in "socks" and "bonnets" which he would read about in the paper. Strange! Unfortunately he sold his "socks" and "bonnets" and lost his money. Never, ever co-sign for anyone. My financial education started early, but only recently have I learned why stocks are fun. 

Have a great weekend, dragonLZ and give your little daughter a hug. I remember the blog you wrote to honor her birthday. 

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#7) On April 23, 2010 at 9:48 AM, bothisellhigher (29.65) wrote:

I don't care if nobody cares, I care that you care and have found some value in every one of your blogs.  I'm not particularly a fan of "beating one's chest" but I do applaud winners and I do appreciate the fact that you go out on the limb in the interests of helping fellow fools without the ranting and raving and negativity of many.

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#8) On April 23, 2010 at 10:50 AM, dragonLZ (99.47) wrote:

Thank you very much lemoneater and bothisellhigher.

It's nice to know some people do truely care... :)

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#9) On April 23, 2010 at 10:50 AM, dragonLZ (99.47) wrote:

Thank you very much lemoneater and bothisellhigher.

It's nice to know some people do truely care... :)

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#10) On April 23, 2010 at 11:18 AM, EnigmaDude (98.21) wrote:

thanks dragon.  You have proven yourself to be a true top performer on CAPS.  I enjoy your blogs and seeing which picks are working for you.  I hope you are making real $$$ from your picks!

I am surprised that JOEZ is not on your list of retail stocks, but maybe that is because everyone "cares" about it.

I also like IMAX which is not really a typical media stock, but you might want to consider it, too.

Have a wonderful weekend!

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#11) On April 23, 2010 at 11:33 AM, jason2713 (< 20) wrote:

Yeah I had GTN (13,000 shares) at $1.15

I sold at $1.70

 Ouch.

I had a feeling it was gonna go to $3, but got skerd.

Ugh, such is life.

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#12) On April 23, 2010 at 12:07 PM, RainierMan (44.47) wrote:

Nice.

So, now that you probably have more people caring, what do you see among your favorites that is at a good entry point? Stocks that have already run over 100 percent may not necessarily be at a good buy point right now. 

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#13) On April 23, 2010 at 1:54 PM, dragonLZ (99.47) wrote:

Thank you EnigmaDude, I appreciate it. And yes, you are right, too many people picking JOEZ lately so I was "afraid" I will be viewed as a "follower".

MichaelinWA, firts of all, I don't want you to think I'm some kind of expert because I had a few good months. My picks are usually very speculative, and you are better off staying away from them.

However, if you have $300 or $500 that you can afford to lose, I'd take a look at STSA.

Even though STSA is up 50% today (God is my witness I wanted to blog about STSA yesterday as a penny stock I'd consider buying), it is still 74% off 52W high of %5 where it was 11 moths ago.

If everything goes OK, you could double or even triple your money very soon. I even think STSA is a good long term buy.

Keep in mind this is just my opinion, and I have been wrong many times before.

Good Luck Everybody and Thanks a lot.    

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#14) On April 23, 2010 at 2:14 PM, dare1182 (< 20) wrote:

MNI ??? down 11% yesterday..and guess where its at today??? ....... if you had just bought MNI at the begining of this week...all I can say is " Ouch"

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#15) On April 23, 2010 at 2:23 PM, TMFUltraLong (99.97) wrote:

MNI ??? down 11% yesterday..and guess where its at today??? ....... if you had just bought MNI at the begining of this week...all I can say is " Ouch"

That's because McClatchy reported earnings yesterday and remember Dragon doesn't care about those. The problem with these garbage companies is they can only run so long with a blindfold on before their actual crappy numbers catch up with them.

UltraLong

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#16) On April 23, 2010 at 3:57 PM, dragonLZ (99.47) wrote:

MNI is still up 125% since I picked it for my Media Portfolio.

Is that bad? Is that crappy numbers catchig up with this stock?

If it is, I'll take it all day long... :) 

p.s. UL, have you checked lately what's your record on MNI and GTN calls...?

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#17) On April 23, 2010 at 4:59 PM, TMFUltraLong (99.97) wrote:

p.s. UL, have you checked lately what's your record on MNI and GTN calls...?

Yeah, last time I checked I was 1-0 on both.

And yes, the numbers are that bad....

UltraLong

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#18) On April 23, 2010 at 5:10 PM, SockMarket (89.87) wrote:

dragon,

I care. I don't read blogs frequently but when I do I look for yours. Usually I give you a rec (on the 'hot' posts at least, I don't enjoy the boastful ones so much).

Also between you and UL I would take you. He makes nice CAPS points but his real life recommendations are mediocre at best...

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#19) On April 23, 2010 at 10:33 PM, dragonLZ (99.47) wrote:

daniel, thank you very much. It's very nice to hear you care too.

As for UL, I have to say UL knows so much about investing, the stock market, and individual stocks that I'm an absolute beginner comparing to him. Also, our styles are totally different, which makes it very hard to compare two of us. I think his picks are safer, mine are more high risk/high reward kind of picks.

Once again, thank you, and good luck.

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#20) On April 23, 2010 at 10:52 PM, dragonLZ (99.47) wrote:

Yeah, last time I checked I was 1-0 on both.

Is that some kind of UltraMath you are doing or what?

- You closed MNI (first time pick) at +14 points, I closed it at +19.

You are now down 12 points on your new MNI pick, I'm up 62. 

- You closed GTN at +24, I never closed it.

You are now down 29 points on your new GTN pick, I'm up 97.

Also, in your Garbage post, you said MNI and GTN are garbage stocks and should be shorted. MNI doubled since then and GTN is roughly up 50%.

In my GTN and Media posts I said both GTN and MNI are buys, both doubled since then.

Let me know if you need a calculator... :)  

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#21) On April 23, 2010 at 11:03 PM, TMFUltraLong (99.97) wrote:

Picks go in the books when they are closed....I closed MNI and GTN for a gain....thus 1-0 on both....no funny math, its as simple as that. Soon I will be 2-0 on each.

UltraLong

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#22) On April 23, 2010 at 11:04 PM, TMFUltraLong (99.97) wrote:

And speaking of point gains...remember I'm the one with a 46 point average per pick and you're the one with a 7 point average per pick =)

UltraLong

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#23) On April 23, 2010 at 11:20 PM, atarigod (< 20) wrote:

Lemoneater, I dont care for media, banks, or retail either, but you have to identify something as either a trade or a long term hold. Its all about money flows, and I have to hand it to dragon, he has been spot on in identifying where money flows were going.

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#24) On April 23, 2010 at 11:46 PM, dragonLZ (99.47) wrote:

And speaking of point gains...remember I'm the one with a 46 point average per pick and you're the one with a 7 point average per pick =)

I can't argue with that. You played the game much better than I did. You also had that great call on 3/9/09, which I can't match. Your portfolio is also well positioned to take advantage of next correction, while mine will probably get killed again.

However, MarketWhisperer will eventually beat you at the point- average-per-pick and any other metric, just like 10Kdlz is beating your Olympus and Crap portfolios... :)  

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#25) On April 24, 2010 at 12:16 AM, TMFUltraLong (99.97) wrote:

The Olympus and Crap portfolios are idea centers... I will not be actively micromanaging them like UltraLong as I have stated before.

UltraLong

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#26) On April 24, 2010 at 12:22 AM, dragonLZ (99.47) wrote:

Thanks atari. That's exactly what I was looking for. The flow of big money (which can be seen in a stock's / sector's price and volume movement).

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#27) On April 24, 2010 at 12:45 AM, atarigod (< 20) wrote:

What is the next sector on the move dragon?!

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#28) On April 24, 2010 at 10:43 AM, dare1182 (< 20) wrote:

There is no reason for all the cat fights.lol Dragon is good at picking stocks..its just his entry point isnt always right..on the other hand UL is very good at picking stocks with a good to great entry and exit points..so both of you get a cookie : )

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#29) On April 24, 2010 at 5:54 PM, dragonLZ (99.47) wrote:

Atari, I don't know.

The other day I wanted to say Railroads (GBX, RAIL, ARII,...), but now might not be the best time to get into those (UL just red-thumbed them).

I picked GBX on 3/31/10 (less than a month ago), and it's already up 60% since then.

However, I do think they will continue going up (eventually).

p.s.

I think there are still a lot of cheap banks. I consider that sector the most undervalued (based on technicals, not fundamentals).   

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#30) On April 24, 2010 at 6:02 PM, dragonLZ (99.47) wrote:

Dragon is good at picking stocks..its just his entry point isnt always right..

Very good observation. That's one thing I'd most like to improve upon...

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#31) On April 25, 2010 at 1:57 AM, TSIF (99.96) wrote:

I was prettysure dragonLZ would get to 5,000 points before Marekt Whisperer.

 I going to rec this, but it's late at night and I'm tired...so I didn't care. 

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#32) On April 25, 2010 at 10:10 PM, dragonLZ (99.47) wrote:

Thanks for the rec, TSIF.

p.s.

I got me some STSA on Friday without first consulting with you. I hope you are OK with my decision.

I think there are two possible scenarios for Monday: If market goes up (on some positive news would be perfect), STSA can go up another 30 - 50% (this just shows you how crazy I am), and if market goes down on some negative news, STSA can go down 30% or so.

I really hope STSA can repeat what PCBC did (went from $1.88 on 4/5/10 to $5.11 on 4/23/10).

I followed STSA for quite some time now (it fits my four-two criteria), but it just kept going down so I thought my 4-2 made a mistake.

But, when STSA jumped 50% on Friday (it ended the day up 67%), I thought that was a sign things are starting to go 4-2's way.

Even if STSA goes down a lot in short term, I'll keep holding onto it.

For  what is worth, FBP is another cheap (but risky) bank that fits my 4-2.

What do you think? 

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#33) On April 26, 2010 at 1:07 PM, TSIF (99.96) wrote:

Hi DragonLZ, you certainly don't need my permission to make a RL call...but it would be nice to cut me in!!! :)

I know, ..despite the evidence, you still think I jinx you....

Just so you can lose sleep over your STSA call, I'll let you know that fundamentally, STSA is one of the worse investments someone could make.  They need capital soon or the FDIC will be knocking at their door. Capital usually means dillution for current shareholders.  Their bad loan writeoffs continue to sky rocket.

From a technicals standpoint,

  20% of their shares are short, so a short, short squeeze is occuring and the jump to $2.00 and retrace could be the final shot, but maybe not.... 

  They have  178 branches, so at a sub $100 Million market cap, the market is only valuing their banks at about half a million each.

  This makes them VERY attractive to any larger bank looking to expand. If another bank can get the FDIC to insure some of their bad loans, then they could be a buyout candidate, or another bank could just hope they fail and get them ultra-cheap with certain guarantees from Mr. Fed.

  Finally, you should be aware, that I looked at this one this past weekend, and I got in pre-market.  Misery loves company, so hope you don't mind me joining the ride, even if you weren't going to let me in on this very dangerous and no doubt crappy call!!!  If it spouts to $100 Million market cap, I'm very likely to downthumb this POS here on CAPS to hedge my RL investment!!! :)

PS.  I need to see $2.75 in the next 40 days to really bank money on this one......I think it highly unlikely, but if you can shake that snow globe a little harder I'd appreciate it!!!!

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#34) On April 26, 2010 at 4:42 PM, dragonLZ (99.47) wrote:

Nothing and nobody can convince me you are not a jinx.

Take a look at this:

At 12:00 PM, STSA is at $2.00, up 38%.

At 1:00 PM, you start writing your comment, STSA is down to $1.85.

At 1:07 your comment is posted.

At 2:00 STSA starts dropping like a stone (see the chart), and ends the day up only 9%.

!!!!! !!!! !!!!!!!!!!!!! !!!!!!!!!!!! !!!!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!!!! !!!!!!!!!!!!!!!. 

p.s. You are lucky your jinx is not working on RAS (so far, at least). Otherwise, I would be very mad at you. :) 

 

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#35) On April 26, 2010 at 6:56 PM, dare1182 (< 20) wrote:

I got in at $1.50...I'm scared..I feel like its going to take me and dive...It could be quite a fall : (

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#36) On April 26, 2010 at 10:43 PM, TSIF (99.96) wrote:

dare1182, Yes, it absolutely could DIVE like a deflated balloon. No doubt about it.  I called ABK's rise to $3.40 a crap run. I'm still surprised it is holding $1.80.  After more assessment, the "game" on the small banks that were sub-$1 is probably caused by the new banking regulations. There is part of the bill to pay up to $50 Billion for banks that need bailed out, which might make them more attractive to a buyout offer. Still, the bill implies they have to be taken over first, meaning shareholders get ZERO, so I'm not sure how the regulation bill times in, but it times perfectly with STSA and the other weak banks cycles the last few trading days.   The Republicans are squashing that part, which is about what time they started to dive again.  Add Day trading, speculators, and who knows what and you have a volitile game going on.  I don't know where it will fall to.  Only use money you can "afford" to lose!!!  :)

 I often say banks can't be valued properly due to potential writedowns hiding on the books.  Most banks have a book value sub-1, so some cushion, at least on paper.  STSA's book value is now 2.6.   On a risk/reward meter, this one is not worth the risk.  Still, some of us are drawn to the fire....it's so pretty...... :)

DragonLZ, there are more I'm with you on that aren't going down that that are.  I "played" GTN up wth you twice before it got to rich. I'm still in RAS (as you mentioned), CNO, PNX, and probably several more.   STSA is playing with fire...I like my hamburgers medium well and my marshmellows crispy....... turn up the heat!!!  :) 

 

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#37) On April 27, 2010 at 11:10 AM, dare1182 (< 20) wrote:

STSA....sad story

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#38) On April 27, 2010 at 11:35 AM, dare1182 (< 20) wrote:

GTN another sad story

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#39) On April 27, 2010 at 5:25 PM, dare1182 (< 20) wrote:

Is Media still HOT?

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#40) On April 27, 2010 at 11:38 PM, dragonLZ (99.47) wrote:

TSIF, I hope those burgers and marshmellows are not completely burnt by now...

p.s.

Tell me if you think I'm crazy, but even with today's drop, STSA's chart still looks promising to me.

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#41) On April 27, 2010 at 11:43 PM, dragonLZ (99.47) wrote:

dare, based on your comments it looks like you expect stocks to always go up.

Well, I've got news for you...

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#42) On April 28, 2010 at 12:22 PM, SockMarket (89.87) wrote:

dragon,

well for all his knowledge he doesn't seem to do very well...

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#43) On April 28, 2010 at 1:20 PM, TSIF (99.96) wrote:

I often say that you can't band equities with severe catalysts in play with charts.  Pure chartists don't believe me, and I really don't care if I change anyone else's mind.  I don't believe reistance or technicals apply when the "sky is falling"....it's uncharted territory. 

At any rate, it looks like fundamentally, STSA has some promise as a risk stock. I'm holding, (for now)....but I could get off the bus at anytime.

The catalyst is whether they can get recapitalized.  They are a rather large bank by FDIC takeover standards. The FDIC will swoop in on banks with 15 or fewer branches on a weekend and turn them over to another local bank. IN the case of banks this size, they'd rather see a buyout.   THL has offered $135 Million and this might get the FDIC to convert preferred to common.

STSA, if it gets capitalized would then be a good buyout target. It's hard to say how much they will be worth after dilution and recapitalization, but I'm willing to bet several $$ per share. I have seen banks get sold for LESS than share price when shareholders get ahead of the game and don't understand the real value with the bad loans on the books.

A dangerous game to play.  I won't go any deeper, but I will ride along for awhile.

Good luck.

TSIF

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#44) On April 28, 2010 at 1:46 PM, dare1182 (< 20) wrote:

Dragon

STSA is down more than 50% since your recommendation.. great job : )  .... I know stocks go up and down.. but if someone got in on the STSA boat when you said its chart is lovely, They had just lost %50 ...

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#45) On April 28, 2010 at 2:32 PM, dragonLZ (99.47) wrote:

dare, what can I say? You are right. Losing 50% is no fun, and I feel sorry for everybody who lost money, including myself.

But, what did i say above? Take a look at STSA if you have $300 or $500 you can afford to lose. I didn't say $10,000.

I bought 700 shares last Friday at $1.35, sold all 700 a few minutes ago at $0.99. I lost $300. Is that a lot?

Even if I lost the whole $1,000 I invested, I wouldn't be crying like you are.

Why?

1. I said there is a 50/50 chance of that happening.

2. I can afford to lose $1,000 (besides all the other money I'm expecting to lose when market starts correcting - like yesterday).

Also, why are you blaming me if you bought into STSA?

Are you sure your greed has nothing to do with it?

p.s.

- Lessons learned (hopefully):

1. Don't play with fire if you can't take the heat

2. Don't invest the money you can't afford to lose

3. Don't follow the idiots on the internet (by this I mean myself, not TSIF)

4. Do your own DD

5. Money doesn't grow on trees (just in case you are looking for easy money).    

p.s.

How come you didn't follow me on this.? Right now, you would be writing me a check and a thank you note for a 70% gain in a little over a month...   (moral of the story: everybody makes good and bad calls)... 

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#46) On April 28, 2010 at 2:38 PM, dare1182 (< 20) wrote:

Dragon

You crack me up lol... Im not blaming you for STSA, but from the way you were pushing the stock , I thought geee, he must be the CEO andhe knows something... I didnt sell STSA today, in fact I added some : D  

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#47) On April 28, 2010 at 2:38 PM, YodaBuffett (< 20) wrote:

Homerun or strikeout, Dragon's stock seem to be.

Do or do not, there is no try.

 

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#48) On April 28, 2010 at 2:43 PM, dare1182 (< 20) wrote:

Dragon will make up for STSA with a mutibagger soon... right dragon?

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#49) On April 28, 2010 at 5:54 PM, TSIF (99.96) wrote:

Excellent Analogy YodaBuffett!  DragonLZ's focus is high beta stocks.  He well knows they will go up the most if they can get a little push from the market. They will often go down more than the general market in a down pattern. This is expected because:   Stocks with quick rises have new investors with itchy fingers and longer term investors now making a profit or excited to reduce their loses.   Very volitile.  Investors in these are hoping for a home run, but will flee at any sign of trouble.

DragonLZ, if you make the call and you add the appropriate caution which you DID!!  Then rest easy.  You're posting in a public forum with a mix of seasoned and new investors. Hopefully most are here to learn. I learn more by losing than winning!!!  :)

In regard to your number 3 above:

"3. Don't follow the idiots on the internet (by this I mean myself, not TSIF)"

I make some high risk plays as well and enjoy an occasional glass of koolaide.  By the way, I meant to tell you that last batch your wife sent me had a little too much sugar!  :)

We're all Fools here!!!!

I'm game to try other wild ideas you might have!!! :)

I had my ABK money and now my PALM money to "play with".... :)

TSIF

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#50) On April 29, 2010 at 11:35 AM, dare1182 (< 20) wrote:

" I really hope STSA can repeat what PCBC did (went from $1.88 on 4/5/10 to $5.11 on 4/23/10)"

 It really looks like it is doing just that ..PCBC is down 50% today  : ) 

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#51) On April 29, 2010 at 12:27 PM, dragonLZ (99.47) wrote:

dare, I noticed that too. A terrible, terrible call. It just shows you why one should stay away from highly speculative stocks.

Because of that, let me change my #1 lesson from above:

Instead of "Don't play with fire if you can't take the heat", let's change that into

#1 Don't play with fire if you don't like 3rd degree burns... 

p.s. Have you noticed what happened with RAS today? RAS has doubled since this pitch was posted less than a month ago: http://caps.fool.com/Pitches/Pitch.aspx?source=isesitlnk0000001&pid=4378681

Both TSIF and I have real money riding on it...

Good Luck to all of us! 

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#52) On April 29, 2010 at 1:27 PM, dare1182 (< 20) wrote:

dragon

I would be very careful now that TSIF took position in that stock... I highly suspect that he is doing it goldman sachs style.. I hope you wont be left carrying the bag when that thing dive..

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#53) On April 29, 2010 at 6:42 PM, TSIF (99.96) wrote:

New Bagholders coming up!!!

So far Dragon can't blame me for RAS......but it's fun to RAZ him! :)

I saw RAS spike to $4.00 then the drop to $3.80 today....I was tempted to unload on the spike, but I expected more. I'm getting a little better with pump and dump VS, the pump, breathe, pump....  :)  This one "most likely" has some Legs left.

Unlike PCBC!  PCBC just sold shares to an investor at $0.20.  How can they still be worth even $2.00!  Man, now that was a pump job!!!

Dragon has far more multi percent gainers than I do.  His ratio is getting VERY good.  The more you get in the limelight, however, in this game, the more your calls get looked at. As with anything, Bad can get noticed!! :)

I know you're razing him also DARE, but the bad calls tend to stand out more than the good call.  Most of DragonLZ's calls are too scary for most of us who invested over the great fall, but they are doing very well overall!!  Most of his misses on his scorecard are ETF's he thumbed end of October, Early Nov. when he was trying to Guess the market instead of sticking to individual stocks!  Without those, he'd be soaring!

Hey Dragon, I thought you said nobody cares!! Did you realize you're "Groupie" count has exploded!!!  You're number 134!

With Fame comes spotlight.....play wisely!!!

PS, I love those 3rd degree burns...you should see the nurses where I go when I get burned!!!   They tie the straight jackets a little too tight, but the sponge baths...... :)

 

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#54) On April 29, 2010 at 8:52 PM, dare1182 (< 20) wrote:

what you guys think of NBG, and FBP.. I bought some FBP today, not much though..and I hear alot noise about NBG..i bought some at $2.8 and sold @ $3.10 but Im considering getting more now that greece look to be stabalizing...what you think?

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#55) On April 29, 2010 at 10:55 PM, dragonLZ (99.47) wrote:

Let's first make sure you guys know that I closed PCBC 6 days ago at +97 points (held it for two weeks only). I don't want anyone thinking PCBC was another one of my bad calls. I just mentioned it as I was hoping STSA can also triple in a matter of days just like PCBC did.

TSIF, I think we need uno mas of the stocks like RAS. :)

Thanks for the nice words about my CAPS performance, but the truth is you too did rather well last few months.

Remember when back in November we were struggling to get back into the 99 crowd...? :)

p.s. What do you think about NCT? I'm getting ready to give it a try (hope for a pullback). I don't like the fact that it already doubled since February, but here is how I look at it: It will either double for us once more or we'll get treated by your nurses.

It's a Win-Win, if you ask me... :)

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#56) On April 29, 2010 at 11:09 PM, dragonLZ (99.47) wrote:

dare, NBG and FBP? It looks to me like you too would like to get a sponge bath...

Here is my advice. Call this number: 1-800-GAM BLING. They answer phones 24/7, and the call is toll-free. Those people are experts in helping gambling addicts, and believe me, if they can't help you, nobody can.

Just kidding... (not)... :)

p.s. Tomorrow, I'll give you my opinion on those two. It's way too late for me to think right now.

Good Luck!

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#57) On April 30, 2010 at 9:45 AM, TSIF (99.96) wrote:

My thoughts on NBG have been on this thread:

High risk, but I'm playing it.

As far as FBP, I've been playing BPOP. VERY similar play.  I only need one of those types, but I'll look at FBP when I get a chance. I would look at BPOP, however. Again, very high risk,

Both are sponge bath and straight jacket material. The urge to get rich fast has made more poor people than rich......

 NCT is tricky.  Any of these investment firms who can sell off a division and still have good assets is tricky.  The value of a piece might get them the leverage they need to get the liquidity back. RAS was very similar and that's what pushed the rally yesterday.   I'd have to look at NCT deeper. It has some potential.

TSIF

 

 

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#58) On April 30, 2010 at 2:19 PM, dare1182 (< 20) wrote:

lol ..high risk = high rewards... low risk= why are you even in the market..... Im still holding to STSA but it looks to me that it is going to bleed for a while and then..hmmm ..one of those days ( soon i hope) we will read STSA up 147% in one day

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#59) On April 30, 2010 at 6:57 PM, dare1182 (< 20) wrote:

I was wondering what happened to PCBC today? anyone knows????

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#60) On April 30, 2010 at 8:24 PM, TSIF (99.96) wrote:

PCBC sold stock to an investor at the equivalent of $0.20 per share yesterday  They will be 90% owned by this investor. Daytraders may play this one, but real investors should not. My downthumb on this one was plus 58 when I last checked. It is worth $0.40 at best. Yes DragonLZ used this as an example of what is "possible" when referring to STSA...Possible and reality can diverge greatly.  PCBC is fools money and I mean tht with a lower case "f" not an upper!    I'm still holding STSA.  Good luck.

Many people are in the market for low risk, but better than bank rates. A few speculative picks are "fun" in my opinion. 100% speculative picks is fine if you're young and really truely understand the risk, but I'd bet few do.  Good luck, cuz that's what it is when you play 100% with fire and don't have nurses like I do!!! :)

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#61) On April 30, 2010 at 9:01 PM, dare1182 (< 20) wrote:

man I need to get a nurse, after watching YRCW,STSA,PCBC..and it looks like RAS is starting to run out of air to keep running.. do you think I should buy some RAS this week when it dives 25%? or should I wait til it hits $2.0 again?

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#62) On May 01, 2010 at 9:28 AM, TSIF (99.96) wrote:

Hey Dare, there are ALWAYS spikes on these type of equities. When the crowd rests there will be pull backs.

The trick is to know which pullbacks to jump on for the next spike and which pull backs to let go.  RAS was doing well until the market tanked in the afternoon.  I don't think you will ever see $2 on this one, but if the market pulls back more, it will too.

I'd suggest you take the $3.10 you were thinking about spending and go buy a coffee and a doughnut.

Good luck!  :)

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#63) On May 03, 2010 at 6:46 PM, dare1182 (< 20) wrote:

HAHA I dont have to tell you how much I invest..But I can assure you that its more than $3.10 , However, I dont invest alot money in garbage stocks..they are a gamble so I use my gamble money just for a little bit of fun...Anyway Great Call on STSA (NOT)  its down 20% today alone..  You havnt answered my question should I buy RAS now or wait until it goes back to $2?

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#64) On May 03, 2010 at 6:56 PM, TSIF (99.96) wrote:

I did answer your question on RAS.  I guess you were too busy whipping up the jelly that spilled out of your doughnut! :)

I have some, I'm holding. I don't think you will ever see $2.00.  All I can say. Good luck!

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#65) On May 04, 2010 at 12:52 PM, dragonLZ (99.47) wrote:

dare, I think I have something interesting for you.

Rememeber when we were exchanging e-mails back in October of 2009?

Back then, when you shared with me which stocks you held in your portfolio at that time, I created a watch-portfolio that would track your positions.

I didn't know your buy prices for these positions, but I enetered the prices at which these stocks were at that time (10/11/09).

So here are the results:

Best performing stock is GRT up 101% (or + $1,8000 for you), which you bought "based on my rec".

Second best, GTN up 80% (or + $2,600 for you), which you bought "based on my rec".

Third best, ARM up 75% (or + $665 for you), which you also bought "based o my rec".

The worst performer (and the only one in red) from all the stocks you bought "based on my recs" is PNX, down 19% (- $83 for you).

I think this is not too bad, especially when you keep in mind that your best perfromer (a stock you didn't buy based on my rec) is CRRX, up 36% (or + $480 for you).

Your largest position at that time NOK (a stock you didn't buy based on my rec) is down 20% (or - $2,860 for you).

So, I guess, you can use this as a reminder. Every time you think my investing skills suck, stay assured there is somebody very close to you whose investing skills suck even more. :)

Good Luck!

p.s.

Consider this as an answer for your comment about LF, a stock I recommended, which tanked 20% today.

I recommended LF at $5.47 two months ago, and LF is at $5.71 today (after 20% drop). So if you invested in LF based on my rec, sell it today and you will still come out ahead.

Disclaimer: Start giving to charity, maybe that will change your bad luck...

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