Peanut's Potent Plethora of Profit

[peanuts]

Peanuts,
My ceiling is about to cave in. The wife thinks I'm nuts but she has thought that for years. I'll sell at $1.00 per roll.

------------billy

Ski,
I'm hoarding them also. About 30% of pennies in circulation now are 95% copper and about 1 in 500 is a wheat ear (before 1959).

--------------billy

Isn't that price a bit outrageous? I did a quick search on eBay for cents and there are actually a lot of listings there for copper cents. There is a guy, username pennybullion, that sells them by the ton, half ton, and hundred+ bags. Nobody has a price near 2X face.

Where did you get those percentage figures? If 30% of all circulating pennies are copper, shouldn't we all be watching our change? Seems like an easy way to make a risk free 50% return.

[billyjoe]

billy,
do you have many of the corn pennies? i would be interested in them.

Ski,
I'm hoarding them also. About 30% of pennies in circulation now are 95% copper and about 1 in 500 is a wheat ear (before 1959).

--------------billy

[skiracer]

Peanuts,
My ceiling is about to cave in. The wife thinks I'm nuts but she has thought that for years. I'll sell at $1.00 per roll.

------------billy

billy,
do you have many of the corn pennies? i would be interested in them.

[billyjoe]

Peanuts,
My ceiling is about to cave in. The wife thinks I'm nuts but she has thought that for years. I'll sell at $1.00 per roll.

------------billy

[peanuts]

...
In April copper was up another 14%, and in May another 4.2%...

June, copper up 5.7%

Since February, copper is up from $1.54 to $2.30 per pound in June. That's a nice move of 49.35% You could have made a pretty penny from this...

Speaking of pennies, prior to 1982, pennies were made of 95% copper, and 5% zinc. That means that each one of these pennies minted during that time is worth more than just a penny in metal value... actually, 1.53 cents each as of today's copper price of $3.3087

Today's pennies are made from copper coated zinc, and their metal value is only $0.0041 each. I thought I remember reading somewhere that the penny may no longer be made, or if it is, it might be made of steel again.

Anyone collect pennies?

[peanuts]

POSTED APRIL 9, 2009:

Please give this some attention folks. Trading is great for the short term. What about long term outlook and forecasting? Is it a trap, or a way to help you prepare.

I found this interesting article related to both copper and the Baltic Dry Index

What are your thoughts on the upcoming economic conditions of the US? Is this recent activity only applicable to China?

I hope that I'm not wasting my time asking all of you who read this.

WAKE THE HELL UP!!!!!!! You see what I mean?



In April copper was up another 14%, and in May another 4.2%

Is ANYONE here really using their thinking caps? Or am I fooling myself that I might be helping at least one person?

[peanuts]

The price of copper has statistically indicated the expansion of business activity.

In the month of March, the price of Copper was up 18%. The stockpile, as recorded by LME, began to decline.

I'm also interested in the bulk dry shipping index... anyone follow these?

Please give this some attention folks. Trading is great for the short term. What about long term outlook and forecasting? Is it a trap, or a way to help you prepare.

I found this interesting article related to both copper and the Baltic Dry Index

What are your thoughts on the upcoming economic conditions of the US? Is this recent activity only applicable to China?

I hope that I'm not wasting my time asking all of you who read this.

[peanuts]

Dr. Copper

The price of copper has statistically indicated the expansion of business activity.

In the month of March, the price of Copper was up 18%. The stockpile, as recorded by LME, began to decline.

I'm also interested in the bulk dry shipping index... anyone follow these?

[peanuts]

7 months without a post here

The PEI is now holding ca$h of $1.60 + $1085.28 = $1,086.88

The PEI is now worth $28,752.46. The starting value was approx. $35K... a current loss of 17.85% is amazing. This market is giving us some great bargains to consider.

Wow... I think "abysmal" might well describe the performance since inception of this portfolio. Current value is $20,730, a 43.91% loss. Nothing to be proud of, there.

Of special note are the worst and the least worst performers:

Worst:
CEG -73%
DYN -82%
MIR -69%
RRI -82%

Least Worst:
ED -3.01%
PCG -2.73%

Electric Utilities suffered with everything else.

[IIC]

Excellent! Thank you. I think those are excellent plays this week... MDU, DXPE, and AFAM

Unfortunately...The IIC 100, after 2 stellar years...Really stinks this year...So does IBD though...Not a Growth Stock Type Of Year

[peanuts]

Below are the best long opps for the PEI as I see it at the moment, Peanuts. MDU is my favorite. Tanks fer yer list.

EOC is long at $44.99
Target price $58.72 gain = 30.5%
Stop price $43.00 loss = 4.7%
R/R = 6.5

FPL is long at $55.32
Target price $61.13 gain = 10.5%
Stop price $54.60 loss = 1.5%
R/R = 6.8

MDU is long at $28.69
Target price $32.43 gain = 13.0%
Stop price $28.38 loss = 1.3%
R/R = 9.8

AFAM is #2 on this week's IIC 100...DXPE is #9...Doug

Excellent! Thank you. I think those are excellent plays this week... MDU, DXPE, and AFAM

[IIC]

A recent scan that I did resulted in the following stocks. What do you think?

AFAM DXPE ENSG HIMX IPGP LB LMIA SYNA TRLG

Only ENSG carries a dividend. All have mkt caps less than $1 Billion

AFAM is #2 on this week's IIC 100...DXPE is #9...Doug

[spikefader]

EAS bought by Spanish company

Closing transaction for EAS was $28.56 a share... initially purchased 38 shares at $26.66 each

The PEI is now holding ca$h of $1.60 + $1085.28 = $1,086.88

The PEI is now worth $28,752.46. The starting value was approx. $35K... a current loss of 17.85% is amazing. This market is giving us some great bargains to consider.

I'm looking for the next stock to acquire for the PEI. Any suggestions?

Below are the best long opps for the PEI as I see it at the moment, Peanuts. MDU is my favorite. Tanks fer yer list.

EOC is long at $44.99
Target price $58.72 gain = 30.5%
Stop price $43.00 loss = 4.7%
R/R = 6.5

FPL is long at $55.32
Target price $61.13 gain = 10.5%
Stop price $54.60 loss = 1.5%
R/R = 6.8

MDU is long at $28.69
Target price $32.43 gain = 13.0%
Stop price $28.38 loss = 1.3%
R/R = 9.8

[peanuts]

Back at it...

A recent scan that I did resulted in the following stocks. What do you think?

AFAM DXPE ENSG HIMX IPGP LB LMIA SYNA TRLG

Only ENSG carries a dividend. All have mkt caps less than $1 Billion

[peanuts]

PEI update

EAS bought by Spanish company

Closing transaction for EAS was $28.56 a share... initially purchased 38 shares at $26.66 each

The PEI is now holding ca$h of $1.60 + $1085.28 = $1,086.88

The PEI is now worth $28,752.46. The starting value was approx. $35K... a current loss of 17.85% is amazing. This market is giving us some great bargains to consider.

I'm looking for the next stock to acquire for the PEI. Any suggestions?