The Irony: 2 Loud mouthes reveal PEAK and TROUGH of the recession
February 11, 2010
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RELATED TICKERS: CRTX
, EGY
*WARNING* THIS BLOG IS ACCURACY AND TYPO CHALLENGED!!! READ AT YOUR OWN PERIL!
I find it ironic that we have JIM CRAMER as loud mouthe #1 that basically pinpointed the PEAK of the market with his rant....
And then at the absolute bottom in March of 2009... Loud Mouthe #2 shouts at the absolute TROUGH ... BOTTOM....of the market.... Rick Santelli.
Which goes to show that while I like FOX BUSINESS and BLOOMBERG.... CNBC is miles ahead of their competition right now.
As FOX NEWS is to CBS/NBC...... CNBC is to FOX Business / Bloomberg.
No this isn't a advertisement to watch CNBC.... just a reflection...
Oh.. and Loud Mouthe #3 Varchild2008 <----- Still predicts DOW 11,000 is coming... believe the rally while others are screaming "Sucker's Rally" cause we are going higher!
Interesting Stocks to Put on Watchlist Tomorrow
1) QNST: The company cut their share price IPO by 20% and investors closed the share price below that price today. They are a technology consultation and website design company.. Basically they work with a corporation to improve their sales and marketing and cut costs.
------- This is one of them *boring stocks* that could surprise....too early to tell though so watch list this until we have an earnings report.
2) CRTX: ---- Respiratory BIOTECH stock that looking at the chart....seems to have bottomed. Earnings report is March 22nd.... if I am correct that this is a bottom...then tomorrow could be a good time to get into CRTX for that earnings release... Stock was $10.00+- 1 year ago from today and it sits just above $5.00.
HOWEVER.... Being the idiot that I am... I haven't exactly done any fundamental research...
This is just based on eyeballing a chart.... So do the fundamentals check first before figuring out if it is a buy/sell here.... Nonetheless it remains on my watchlist...
3) EGY: Has this OIL/NAT Gas play bottomed? Will this ever do anything for investors? It's a 5 star CAPS stock for years and the share price since 2008 has gone SIDEWAYS!!!! with a short term $8.00 spike upward.... What's the deal here???