Peanut's Potent Plethora of Profit

[IIC]

Lye, I enjoy being "crazy" There could be no other way...

I'll think about the link idea... right now I'm not too enthusiastic about it. I do a lot of trading, so my portfolio is usually changing on a daily basis. I would be doing a lot of updating. What I have been doing is posting the way I'm entering and exiting positions... like AEIS and VG posts. (thank God I followed my own advice on VG, and did not buy)

I think that what I would like to do, instead, is to get a list of people that want to know what I'm buying/shorting/selling/covering, and send them private messages when I make the moves. I'll continue to post my MOMO picks entries and exits on this thread, and any ideas I have, but I'd like to keep some privacy to my portfolio plays.

If you want to be on the list, just send me a private message

When I used to have an email list that I sent to I used an autoresponder...one click and everyone gets the email within about a minute...Doug

[peanuts]

Peanuts, I must say I'm impressed with what your doing on this thread. Your info is awesome. I often get frustrated at myself because I often have a hard time expressing myself through a computer. It seems over the last year I've gone on a rampage for nothing. Hey something I'll need to work out. Maybe I should have been a better student in school..hehe

You keep up the great work here and give me a call when you come back to Bama. It was great talking with ya a few weeks ago.

Runner, it was good talking with you, as well. I lost your phone number... well, didn't lose it, but forgot to save it in my cell phone. Could you private message your number to me, and I'll call you next time I'm in the area. I'll be in Tuscaloosa for Thanksgiving.

[peanuts]

USLM - United State Lime and Minerals

Thanks for your thorough explanation....not sure I agree with your assumptions on why USLM is weak though. When I was into this sector I would watch the 4 major players to see how the group was doing, they are
VMC, MLM, FRK and USLM. Since much of what they produce is linked to a strong, growing economy I am more inclined to think they're done as growth stocks for a while and should drift lower. But now that we're onto this subject, I'm going to take a fresh look at them.

Ignore the Yahoo! competitor list... USLM competes with CX and LR

Since the early 90's the lime industry has gone through a large consolidation. The industry is very regionalized, so the only way to consistently make profits was to cover a wide area of operations. The Belgians realized this first and that is why LR and CX are so large. USLM did not get bought by the group because a savvy Cannuck invested heavily into them, instead. Other, less profitable companies were left behind to die on thier own (OGBY), and have seen times of feast and famine since. (Oglebay, by the way, is showing signs of recouperation)

USLM is heavily exposed to the steel industry boom that will last until 2008-2009. They mine Limestone, crush it, and process it in their calcining kilns to make Quick Lime. This Quick Lime is used in the steel making process in extremely large quantities. The price of this Quick Lime has been steadily increasing since 2003 and will continue to increase as the steel industry expands production. The kilns are in TX and AR. They are fired using natural gas. Natural gas is one of the highest costs to a lime calcining operation. There are many steel plants in the vicinity of their kilns.

I have already discussed their natural gas reserves. The best part about this is that they are NEW... the first one was drilled less than a year ago. The gas they are getting from the wells will offset the high costs of operating the calcining kilns. EOG Resources is drilling the wells for them and operates the wells, so there is only profit from the wells, no expenses (other than initial drilling cost percentage- I think 20%) The Barnett Shale Oil and Gas formation has been described as the "biggest discovered reserve of natural gas in a single location on Earth" USLM operations are directly above this reserve. This link is extremely informative: Barnett Shale. The piano music isn't bad either

As far as growth goes... there is good news on the horizon. They are going to begin operation of a brand new calcining kiln in Arkansas, increasing the capacity by 50% on a highly profitable product. They will increase the profit margin (already industry benchmark) when they begin supplying NG internally to fire the kilns. The recent federal highway bill signed into law late last year will also help USLM and the entire building materials industry. Consolidation in the steel industry should also help USLM with future years of business. One of the reasons that the steel industry feels that consolidation is essential is because of synergies of operations. They will want to do massive corporate buying contracts, and USLM stands to gain some very good customers by landing a potential contract like this. Nucor, Gerdau Ameristeel, and SMI are the big steelmakers near USLM operations. Smaller steelmakers are Border Steel, Lonestar Steel, TXI Chapparal, LeTourneau Steel, MACSTEEL, and Arkansas Steel. More growth will come from the recent acquisition on ON-Minerals in OK. The limestone deposit there is of high quality and should expand USLM product range. This is very new, so I have not been able to learn exactly what this operation will bring to the bottom line, but management here is very good and I have faith that the right decision has been made in the acquisition.

If you have any questions at all about USLM, or my research behind the company, I will be happy to answer them the best that I can.

[peanuts]

last week's results

IBD 100:
HITT $43.63

CANSLIM:
GROW $27.82
CACB $37.58
IIVI $25.09
BLK $144.40

IIVI is a company that is very close to my house. I have several friends that work there. I know some of the upper management. This is an interesting company. Their interest in China may pay off big time

Major Indices move last week: DOW: 1.49%, NAZ: 1.78%, S&P500: 1.60%

TICKER, $beginning price, $ending price, 1 week % return (positive or negative)

IBD 100:
HITT, 43.63, 44.50, 1.99%

CANSLIM:
GROW, 27.82, 24.57, -11.68%
CACB, 37.58, 37.51, -0.19%
IIVI, 25.09, 24.92, -0.68%
BLK, 144.40, 149.00, 3.19%

A strong positive weekly performance across all indices and the Dow making all time highs make the bull market all the more apparant. Which, in turn, makes me think that a correction may come soon. The Dow and S&P 500 are at resistance levels and the chances are that this will not be easily surpassed. If the direction of the market turns, I will begin looking for areas of support, but until this happens, the market remains very positive, and looking to go higher. Third quarter earnings will be the focus of October, and natural gas prices should rebound with the first cold spell to come down from Canada.

[peanuts]

9/29/06 screen results

The IBD Weekly Screen

IBD 100:
HITT $44.50

CANSLIM:
COGO $14.99
BLK $149.00

COGO is the lowest priced stock to ever meet the criteria of this screen

[peanuts]

My watchlist for the week:

Longs:

AMKR
BJS
RICK
RVBD
IEDU
CTCM
SYX
COGO
JOB
GMRK
NVL
BITS

Shorts:

THC
HANS
TESS
SWHC (added after Monday's price action)

[billyjoe]

Peanuts,
BITS bit my but back before August. Sold at 4 something , became a big mistake.

-----------billyjoe

[IIC]

Longs:

AMKR
BJS
RICK
RVBD
IEDU
CTCM
SYX
COGO
JOB
GMRK
NVL
BITS

Shorts:

THC
HANS
TESS

Peanuts...as a suggestion it would be helpful to some if you posted your lists both vertically and horizontally:

AMKR, BJS, RICK, RVBD, IEDU, CTCM, SYX, COGO, JOB, GMRK, NVL, BITS

THC, HANS, TESS

[New-born baby]

Peanuts...as a suggestion it would be helpful to some if you posted your lists both vertically and horizontally:

AMKR, BJS, RICK, RVBD, IEDU, CTCM, SYX, COGO, JOB, GMRK, NVL, BITS

THC, HANS, TESS

Hey, this is quite a collection. Thanks for posting. Some I really like alot as they fit my trading style more than others. For instance I usually don't bottom fish, as I would consider AMKR and BJS to be in that category. However I really, really like NVL and GMRK and JOB and, to a lesser degree, COGO. BITS I like above $9.50 on volume.

Short wise . . . .
HANS looks great under that 200 day; HESS is certainly due a pullback; THC needs to bust $8 to the South to really look short (IMO). Still, a very nice list! Thanks for posting!

[Tatnic]

A strong positive weekly performance across all indices and the Dow making all time highs make the bull market all the more apparant. Which, in turn, makes me think that a correction may come soon. The Dow and S&P 500 are at resistance levels and the chances are that this will not be easily surpassed. If the direction of the market turns, I will begin looking for areas of support, but until this happens, the market remains very positive, and looking to go higher. Third quarter earnings will be the focus of October, and natural gas prices should rebound with the first cold spell to come down from Canada.

I usually expect weakness after a strong, window dressing close of the 3rd qtr and we have a Bradley Turn date next week. But Bullish % levels on the $NYA still suggest a possibility of more upward movement.

At some point we're supposed to hit the much publicized 4 yr. cycle low late this year. The impetus may be worrying about a weakening economy. The only wild card is the election...will the market start worrying about a shift in power?

Oh...with the el nino in progress, this usually means a warmer winter but with severe weather. I wouldn't be surprised to see oil and gas stocks continue to remain weak.

[Lyehopper]

Peanuts,
BITS bit my but back before August. Sold at 4 something , became a big mistake.

-----------billyjoe

BITS is taking off now, up 10% this morning.

[peanuts]

Hey, this is quite a collection. Thanks for posting. Some I really like alot as they fit my trading style more than others. For instance I usually don't bottom fish, as I would consider AMKR and BJS to be in that category. However I really, really like NVL and GMRK and JOB and, to a lesser degree, COGO. BITS I like above $9.50 on volume.

Short wise . . . .
HANS looks great under that 200 day; HESS is certainly due a pullback; THC needs to bust $8 to the South to really look short (IMO). Still, a very nice list! Thanks for posting!

The list is a compilation of many different market screens that I do. The bottom-fishing screen came up with AMKR and PRST, but I liked the looks of AMKR, better. I guess I should have gone with PRST.

The short list (except TESS) is doing well. THC is breaking support, so I'm looking to short it on any strength. This is the hospital group that had doctors killing their patients in the aftermath of Katrina... humane or not, the company will suffer LT.

I bit on BITS and bot a bit at the headbanging price of $10, even.

I have been eyeing COGO for an entry. JOB hasn't traded any shares, yet...

[peanuts]

I usually expect weakness after a strong, window dressing close of the 3rd qtr and we have a Bradley Turn date next week. But Bullish % levels on the $NYA still suggest a possibility of more upward movement.

At some point we're supposed to hit the much publicized 4 yr. cycle low late this year. The impetus may be worrying about a weakening economy. The only wild card is the election...will the market start worrying about a shift in power?

Oh...with the el nino in progress, this usually means a warmer winter but with severe weather. I wouldn't be surprised to see oil and gas stocks continue to remain weak.

What is a Bradley Turn?

As far as a 4 year cycle low being widely pulicized, could you include a link. I haven't heard about this, yet. Same thing with El Nino...

Thanks for the education

[peanuts]

BITS is taking off now, up 10% this morning.

So is IEDU, and RICK looks ready to go. AMKR isn't doing too bad, either. SYX began the week on a promising note...

[New-born baby]

Amln

AMLN is showing great weakness these days. And I noticed that the $40 OCT puts had heavy volume this morning (and it wasn't all me, either ). She's trading under her 200 day, the ten day is about to cross under the 200 day, and she's working on three black crows.