Peanut's Potent Plethora of Profit

[peanuts]

Peanuts Steel Index

PSI +15.6% year to date

Here's the latest update to the chart:

[peanuts]

Look more into the company and who their biggest customers are, and do some research on pollution controls within the steel industry and which side of the political spectrum pushes those controls, and you'll understand why CECE is included in the PSI. At last year's Steel conference, I began to hear buzz about pollution controls being implemented at some mills that I never had heard about before. When you fly into Midway Airport, the normal flight pattern is directly over Inland and US Gary works... you can actually see the dirty cloud which surrounds these mills from 10,000+ feet. With the cash heavy steel industry forming itself into a new monster, expect to see pollution controls becoming an issue for them. CECE will benefit from the USA steel boom as well as coal fired power plants and new ethanol plants.

I like CECE as a non-steel play, as well. But for the purpose of this index, they are in a group together.

CECE has kicked off 2007 in exceptionally strong fashion. The statements I made in this post will come to be truth... you will see...

[peanuts]

MOMO update

CURRENT MOMO PORTFOLIO:

12/20/06 UA - $51.00
12/20/06 USLM - $33.00
12/20/06 CAS - $25.85

It's been a while....

Well, I finally got to sell one of these at a nice profit, today. CAS is gone. I sold it today for $30.40, a 17.6% gain in a little more than 2 months... I'm getting rusty.

The other 2 stocks are really stinking up the portfolio.

[stenzrob]

It's been a while....

Well, I finally got to sell one of these at a nice profit, today. CAS is gone. I sold it today for $30.40, a 17.6% gain in a little more than 2 months... I'm getting rusty.

The other 2 stocks are really stinking up the portfolio.

1. Whatever happened to "Any posts regarding the MOMO Portfolio will be marked with a big grin green smiley, " How are your many fans going to keep track?
2. So, you're selling the winner and keeping the losers? WON will not be pleased.

regards ... stenz

[peanuts]

1. Whatever happened to "Any posts regarding the MOMO Portfolio will be marked with a big grin green smiley, " How are your many fans going to keep track?
2. So, you're selling the winner and keeping the losers? WON will not be pleased.

regards ... stenz

doh! I forgot the big grin green smiley

I have fans? I doubt WON is one of them

[peanuts]

PSI update (sorry its so big)

If you own Steel, you might want to know this, so I figured that I would post what happened to the PSI:

Daily worksheet:


Daily Chart:


Components: (every steel stock was red)

[peanuts]

March 16, 2007 update

[New-born baby]

Two ears, but the mouth works well, too.

FYI: the average man speaks 20,000 words per day.
The average woman speaks 30,000 words per day.
20% of an average adult's waking moments are spent talking.
The average man, when he arrives home after a day's work, has already spent his 20,000 words/day. When the average husband arrives home, his average wife is just beginning to expend her 30,000 words/day.

[New-born baby]

Okay, so steel was flat this week. What about your forecast for the next month? X is bullish to $137, so the PnF chart.

[peanuts]

Okay, so steel was flat this week. What about your forecast for the next month? X is bullish to $137, so the PnF chart.

I'm having a hard time looking at the chart and determining a price target for X anywhere near the PnF chart target. At least, not in the near term.

I'm bullish on X, but I would not be an enthusiastic long, here. I made up a quick chart, and maybe it won't make sense to anyone, but this is what I see:

When comparing the above chart with the chart of the PSI. I am seeing some support just below these current levels, but if that support is broken, the shaded area doesn't offer any kind of price-volume support until $72. You can see the very bullish move made in the time period of Jan 22 to Feb 10 on both charts. That price range may need more volume pumped into it before it can be relied upon for definite support.

[peanuts]

Old favorite of mine

Meadow Valley Construction Company, ticker MVCO, has been seeing growth in the Las Vegas and Phoenix metro areas even when housing seems to be slowing. They are profitable and continually increase their bonding limits which in turn helps them to bid on larger, more stable projects. They have lawsuit settlements coming their way from past business. Some other folks are expecting settlement in 2007, but I don't know squat about the timing of this. They have been announcing new contracts on a fairly consistent basis throughout the past year. They currently have a 51% controlling interest in RMX.

Here's the daily:

And the weekly:

I'm not saying to go out and buy it first thing on Monday, but it may be one to watch, or even tuck away for a while in hopes of a take-over by much larger public firms, or even a private equity buy-out. There are some current shareholder issues to be aware of regarding CD Capital Management's current assessment of MVCO's market valuation and the recent poison-pill arrangement. Here's an interesting presentation from CD Capital: http://www.sec.gov/Archives/edgar/da...1670/file3.htm

The current Market Capitalization of MVCO is only 65 million, and RMX mkt cap is 45.87 million.

Anyone else see some value here? Or, are there underlying issues which suggest problems ahead, and a stagnant or even declining PPS?

Thanks for any feedback

[Lyehopper]

Nga....

Peanuts.... Have not heard you talk about it in several weeks, are you still holding NGA?.... Came up on one of my searches just now. Ain't lookin' too bad imo....

[billyjoe]

Lyehopper,
NGA does look very interesting especially with their dynamite last earnings report. If that can't move it, nothing will.

----------billyjoe

[peanuts]

Peanuts.... Have not heard you talk about it in several weeks, are you still holding NGA?.... Came up on one of my searches just now. Ain't lookin' too bad imo....

Well, actually, I was trading the dark side on NGA not too long ago. It's been off of my radar screens ever since, and also because of the poor guidance given by a top competitor, AZZ.

I remember the earnings being outstanding before, and the stock dropping to the dismay of many investors. I can imagine them getting out of the stock at their break-even points, so another HUGE launch will need alot of volume, or else there needs to be a major shake-out of the loose hands.

This is a nicely sized growth company in an industry that is expected to see increasing zinc costs. The demand for their products should expand along with the reconstruction, refurbishing, and expansion of the North American electricity infrastructure anticipated over the next 6 years. Their core business is hot-dip galvanizing and if they can pass on the future costs to their customers, then the EPS should continue to grow. The highest growth in EPS may have already happened, but declining growth is growth nonetheless.

Unexpected swings in earnings will be possible. In the past, it has been caused by fluctuations in zinc prices and NGA's ability to properly hedge their zinc costs along with thier ability to pass the rising costs onto their customers. This has made, and most likely will continue to make this stock a prime target for some high speculation when earnings are reported for both AZZ and NGA.

The recent movement in NGA has been very bullish. If the resistance can be taken out, I think it has potential to make another run higher:

[Tatnic]

Meadow Valley Construction Company, ticker MVCO, The current Market Capitalization of MVCO is only 65 million, and RMX mkt cap is 45.87 million.

Anyone else see some value here? Or, are there underlying issues which suggest problems ahead, and a stagnant or even declining PPS?

Thanks for any feedback

Its funny, but I somehow view a stock with that market cap not being able to support that high a price...just a gut reaction.