Some Stocks Worth Looking At

[Phaedrus]

Don't know if anyone here is overly interested in stocks; I seldom mess with them myself, but I bought two this morning that I think are worth looking at:

Golden Star Resources, Ltd. (GSS)

Bought 500 shares @ $ 2.96

GSS is a gold mining company. Generally mining companies make shitty investments due to massive share dilution and heavy debt loads, but GSS is below the norm for the mining industry. At less than $ 3.00 a share it's a difficult stock to pass on, since some recent losses are just knee-jerk reactions to the dip in spot gold prices. Gold production costs are well below spot; mining companies have not enjoyed such a wide margin as they have recently in a long time.

GSS has a good PE ratio, and major gains in revnues in the last two quarters.

E-Loan (EELN)

Bought 500 shares @ $ 5.95

E-Loan is an online mortgage broker. Over and above strong revenue and profit figures for the last few quarters, E-Loan's CEO was one of the major spearheaders of California's Financial Privacy Act, a law expected to move ahead this year. Even if it doesn't, E-Loan's combination of being one of the most tech-savvy companies in the mortgage business along with the public image of being serious about protecting clients' privacy in an increasingly intrusive US financial sector give it potential for goodwill gains imho.

Also bought 700 19Dec $ 7.50 calls for E-Loan at $ 0.70 each.

Now watch both crash today amid an accounting and butt-sex scandal. You have my permission to razz the shit out of me in such an event, I do really like both of these stocks.


Phaedrus

 

[Phaedrus]

Almost took my profits on GSS today but have decided to let it go at last one more day and see where it's going. If it slides any I will not let it go past $ 4.00 before I sell 400 shares, which will put me in profit on the order and leave 100 shares in my portfolio.

I don't know what to think about EELN. It surpassed Q2 expectations by a respectable margin and has been having a good Q3 with regards to primary financials, yet the stock value has been absolute shit almost from when I bought it (it ran up over 20% within two weeks of purchase and then promptly crashed, and most analysts who cover it rate it as a sell or even strong sell.)

I still think that the mid-term prospects for EELN are good. I'm hanging on to the stock for now, and have hedged my original Dec options with 900 19Dec $ 5.00 calls for $ 0.55 each. The stock has had a bit of a rebound in the last week, and the effect that this can have on the $ 5.00 calls should the stock continue to rise even a little will offset the loss on the $ 7.50 calls should I sell both simultaneously.

Wish I had bought the calls on Friday when I decided to; they're up 120% from Friday's close.

Wouldn't have ben a bad profit.


Phaedrus

 

[PatPatriot]

Try ERTH OTC...They make paper product that are enviromentely safe packaging for Macdonalds and such...under a buck right now.

 

[Phaedrus]

Patriot

Thanks for the tip. Looking at ERTH, what I see is a company that hasn't posted revenue (not to mention profits or dividends) since Q1 of last year. Right off the bat that gets it off of my radar, as I don't do long-term speculation within the structure of the regulated market -- the risk-to-reward ratios are usually extreme, and measures that might mitigate risk or offset loss are prevented due the regulatory structure surrounding publicly-traded companies, which makes me shy away.

But out of curiosity, what in particular brings them to your attention?


Phaedrus

 

[PatrickMcIrish]

This is one thread I would love to keep going if anyone knows what they are talking about. LOL. I have almost all my dollars in mutual funds versus individual stocks but would dabble with 5% or so. I'll watch and see who knows what....

 

[PatPatriot]

Phaed,...Don't wworry I am a capitlist not an enviromrmental list...I own a 1000 shares...pure speculation...and is usable or consumer good..whatever you callit.

Patty Mac...I don't know shit about stocks in reality I just go on hot tips,like sports betting...There are a couple in particular that I like...Maybe Phaed, can tell you more about their fundamentals...SIRI..is a outfit that makes sattelite radios for cars boats etc.
..I am looking into anything associated with Fuel cell energy,...I own one MCEL..I think this has a lot of promise, again pure seculatin but they are starting to get some institutional investors.

 

[PatPatriot]

Patty Mc..hey I would love to keep a thread like this going except the moderators would have to keep out the scammers from advertizing...They're bigger scams then sports guys.

 

[ACE-ACE]

3/2003....but siri....at 1.38.....a shr....now at 2.50 and will go up to 4.00 by mar....also xmsr......got in at 5.75 in mar.....its at 19.....will go to 30 by june.....

 

[Rude]

Anyone got any tips these days ???

Rude

 

[Phaedrus]

I don't post up everything that I do on markets; most of what I deal in are options, futures and other derivatives, and some of the trades I initiate are so chaotic and require so much "babysitting" that there's not a lot of time or inclination to keep posting evey tic in a thread.

The stocks I posted above mystify me; I've got one great, solid company doing well and making profit like nobody's business that is completely in the shitter, and a resource mining company -- which on the whole tend to not make very good investments -- that popped up over 100% within 90 days of me buying it (it has given back a very little of that lately, trading at 5.97 as of close today.) So go figure.

I have a sort of 'system' that I use to determine what stocks to at least take a close look at. If they meet thecriteria that does not automatically mean buy them, but it does mean start keeping a close watch on them, with an eye towards buying in the near future if conditions persist. I will write something up on the criteria themselves and post that, as that might be more fundamentally useful than me yelling "Buy! Sell! Swap! It's my NASDAQ L-O-C-K of the third fiscal quarter!" like Duke, only not so shrill-voiced (plus I actually get one right once in a while.)


Phaedrus

 

[Phaedrus]

OK, here are the things that I look for in a stock. A stock has to meet all of the below qualifications for me to even consider buying it:

<BLOCKQUOTE class="ip-ubbcode-quote"><font size="-1">quote:</font><HR>
LIQUIDITY
1) Trading on a major exchange -- no OTC crap stocks. While there is great profit potential in the OTC market, there is also huge opportunities for fraud, notably the "pump and dump" scheme that is used by illicit boiler room brokers.

2) Adequate trading volume -- average daily volume of at least 100,000. No point buying it if you can't sell it.

3) $100 million market capitalization. Below this threshold there is too much chance of a company getting delisted, which can have a seriously negative effect on both the liquidity and share price.

OUTLOOK

4) Positive insider buying over the last 12 months. If the people inside the company are doing nothing but sell, sell, sell, why would you buy it? No sense in funding their anniversary trips to Cancun with your retirement money.

FINANCIALS

5) Priced under $ 10.00 . This gives ample room for a high-percentage return on investment.

6) Price-to-Sales Ratio less than 1.5

7) Price-to-Book Ratio less than 1.5

8) Price-to-Earnings Ratio less than 25

9) Rising sales: companies that have increased sales in the most recent quarter versus the prior quarter. Also look at this year vs. last year vs. the prior year to see long-term trends in sales. Adjust expectation for companies that deal in cyclical products or services -- if the company is in a cyclical business it might be best to mark it as a "watch" and then have a look at it during its down season, which could yield the opportunity for shot-term profits off of the business cycle.

10) Rising net income: companies that have grown their net incomes from the most recent quarter. Also compare this year vs. last year vs. the year before. If they can't grow their own money over the long term, chances are they can't grow yours either.
<HR></BLOCKQUOTE>

I use BigCharts and MSN MoneyCentral for primary information. MoneyCentral has a free utility that you can use to track almost all of the above criteria, which makes it easy to narrow down potentials out of the thousands of stocks available.

Once I get one on my "qualified" list I will generally watch it for a little while, looking for news and other insight on the Web. If available I also look at the options chain for a stock I am considering, to see which way the true speculators are betting the price (not all stocks have options traded for them however.)

I always buy a minimum of 500 shares, and my strategy is usually to wait for the stock to go up a bit, set resistance levels and then sell off part of the shares -- enough to cover my initial outlay, but leave me with shares in the account. In the example of GSS above, my current breaking point is $ 5.25 (last trade was $ 5.79) at which point I will sell 300 shares -- covering my intial investment and leaving me 200 shares for "free." After that I will pretty much forget GSS exists and leave it to my son in the will, barring either a new opportunity with the stock or a need on my part for the capital.

I never, ever, ever sell a stock which is in the red. Most stock advisors will go against this policy and even call me bad names over it, but the way I see it is that because I do not make highly speculative stock investments, the companies are sound, and at some point the stock will go back up -- even if it takes a long time, if I am outperforming current bank CD rates in the long run then I am doing okay as far as I see it.

Hope this is of some use.


Phaedrus

 

[MoDigitz]

Phaedrus,

Thank you very much for posting your opinions regarding stocks and what to look for. A great read and got me interested in doing some searching myself. Thanks again.

 

[BigPete]

I would jump on Sirius (Siri) if drops below 2.00, ride it to 2.50, cash out, and hopefully repeat. Im trying to figure out a support level but think it can go below 2 bucks again.

Hang on though, this baby is volatile.

 

[mr.teaser]

Atml

 

[HENHOUSEx2]

Hey Phae....thanks so much for the info...

I just love stock tips from some tard in a sports forum...it is so very useful...

What a joke you are

HAHHHAAHAHAH
HH

 

[Phaedrus]

As always, thanks for the bump fvcknuts. You're too kind.

As far as your characterisation of me as a "tard" and a "joke" go, I would recommend a side-by-side comparison of our collective, respective posts before casting any stones. Additionally, you might take the above pointers, run them through the above-linked MoneyCentral site (it will do most of the work for you) then check back on the stocks in six months or so and let me know how they're doing.


Phaedrus

 

[DickyW]

Phaedrus
Pay no mind to Henhouse he is a brainless twit. Anyone reading these forums has to look no further then his last post to understand what this moron is about.

Henfvck
Stock tips not useful????????
HAHAHAHAHAHA
And your womens college basket tips are????
HAHAHAHAHAHA
Who needs the stock market when you have OVERS IN THE HOUSE
hahahahahahahahah
Imagine stock tips in a gambling forum
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHA
Next thing you know sportsbooks will start carrying stock props!!!!
hahahahahahahahahahah
Stock tips!!!!What next?? Maybe some stupid fvck poster will give us a tip on a celebrity boxing match. NOW THERES AN INVESTMENT!!!!!
hahahahahahahahahahahahahahahahahahahahahahah
HAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAHAH

Heres to laughing at you silly fvck

 

[HENHOUSEx2]

HEY DICKYWAD....

How are you...you been lurking for like a month ....glad to see you jump in....I knew you would be back....

I always crack up after reading your tear jerking BonVoyage speech about how someone deleted your wittle post and that you were taking your ball and going home..

Ahh.....ok everyone...

Let's have a pitty party one two three....ahhhhhhhhhh

See....here is where everything goes south....

The tards like DON VOYAGE and here with DICKYWAD....the crying like little girls and the soabing letters of departure lose so much luster...because you just know the tards will come back and as mentioned above...we see it again with the HORSE RACING LOSER DICKYWAD....

So pathetic..

Come on girls, if you are going to leave...then leave and stop writing the loser letters just to gain kudos from your fellow cyber tards........it even makes you look sorrier than you all ready are..

HAHAHHAHAHAHAHAH
HH

 

[Phaedrus]

Sold 300 GSS today @ $ 7.46, for a gross profit of just over 152% in just under five months ... am continuing to wonder wtf is going on with EELN, a company which by its financials and results in the last two quarters should be soaring, but instead is piddling along at more than 50% loss.


Phaedrus

 

[maxdemo]

I have invested in Gexa Energy here in Houston...good company.

Gexa Energy Reports Third Quarter 2003 Earnings

HOUSTON, Nov 14, 2003 (BUSINESS WIRE) -- Gexa Energy Corp. (OTCBB:GEXC), one of the fastest-growing retail electric providers in Texas, reported today that it has filed its 10-QSB reflecting its third quarter 2003 operations and another consecutive quarter of profit and growth.

During the nine months ended Sept. 30, 2003, we generated revenues of $78,126,575 from normal business operations, up 692% from the $9,866,214 in revenues generated in the same period a year ago. Our net income before taxes for the nine months was $4,657,881 compared to $660,670 last year, and our earnings per share for the nine-month period ending Sept. 30, 2003 were $0.39 compared to last year's results for the same period of $0.05 per share.

Our third quarter 2003 revenues were $41,690,205 compared to $6,857,589 for third quarter 2002. Our net income before interest and taxes for third quarter 2003 was $3,651,083 compared to third quarter 2002 results of $572,377, and our basic earnings per share for third quarter 2003 were $0.29, compared to $0.05 for the same period in 2002.

As of Sept. 30, 2003, we had over 50,000 active meter accounts utilizing in excess of 175 million kilowatt hours (kWh) per month. Our customer count continues to grow several thousand customers per month.

On Sept. 30, 2003, the Company had current assets of $34,881,142 including cash and cash equivalents, accounts receivable and a current deferred tax asset. Our current liabilities at Sept. 30, 2003 were $25,913,551 including accrued costs of goods sold, trade payables and income taxes payable.

About Gexa Energy: Gexa Energy is a Texas-based retail electric provider which entered the market as deregulation began on Jan. 1, 2002. The Company offers residential and all size commercial customers in the Texas restructured retail energy market competitive prices, pricing choices and improved customer-friendly service.