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Great point both of you guys. You always hear about buying great, strong companies at a discount. I also sold mt GFRE calls last week when we had a big green day in the market. It does seem like that's the way to do it, buy on red days and sell on green days.
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Best,
Steel
It's time to Grab the Bull by the Horns! -
9 for 11/17/10
Oh well time to bring out the Louisville Slugger and swing for the fences. Stock futures are modestly up , but who knows what will tanspire over the course of the day.
The Irish still seem to be having financial problems ....my advice to the Iriah guys is to head down to the local pub and bang down a few Irish Whiskeys . I had known a few Irish guys in my time , and I NEVER recalled that having to twist their arm to enter a pub was ever necessary. LOL
1. **AMOK LONG A resource stock that appears to be moving up
2. **ANTS Took a 20% hit yesterday , but the chart still says all signals go.
3. LVLT LONG
4. QID LONG Ultra Shorts the QQQ Careful on this one today ...any positive move in the QQQ today will negate yesterday's 3.39% advance
5. ** SWTX LONG Moving on up
6. **TRMAQ LONG Trico marine services
7. UCBI LONG United community bank UCBI has sunk lower than whale dung on the bottom of the ocean ....BUT Appears to be coming back to $$$$
8. USU LONG This company processes URANIUM for nuclear power plants . With Obama screaming for clean energy .....USU fills the bill . I think this $5.31 stock is a bargan now , and is currently selling for HALF its book value .....essentially a 50% discount for you! On Novemeber 2 revenues were announced for Q3 that BEAT Q2 Revenues by 23% I feel that USU has a bright future ahead of it !
9. XPRT LONG
Good Luck , God Bless .and have a profitable day!Comment
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The BIG 8 For 11/18/10
WOW Stock, Gold and oil Futures are all UP HUGE this AM. I guess all is well in Ireland. Perhaps the Irish guys took my advice and banged down a few Irish Whiskies, followed by several Guinness and then a few lap dances by some
of the local strumpets.
Oh well.......enough of that nonsense ......and on with the picks.
**= HIGHLY SPECULATIVE PICKS!
1. **ANTS LONG After 2 losing days I am beginning to lose patience with this one.....lets see what happens today.
2. **HCKI LONG PLEASE..... Pregnant nuns, women and children step aside for this one ......for SERIOUS GAMBLERS only!
3. LVLT LONG could break out from this point
4. QTM LONG Real slick chart.....breaking out! Should move BIG today!
5. RFMD LONG After a weak performance over the past few days ....coming alive!
6. **TRMAQ LONG Trico Marine
7. URZ LONG Uranium Miner ......Nice Article in the 11/17/10 NY Times describing China's up and coming HUGE demand for Uranium ....This stock along with USU below should become HUGE winners in the years to go . The Republicans should put the Kabash on the Tree Huggers back here in the US who are impeding Nuclear Plant construction.
8. USU LONG Another Uranium Processor selling at 50% Discount to Book value ....I am sure it would pass the Mr Market smell test!
Good Luck God Bless .......and let's ALL make some good coin today!Comment
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I'm definitely looking forward to riding the URZ train again.Comment
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Eric urz looks great
Uranium is coming of age and is needed all over the globe. URZ holds the key for the world's supply!Originally posted by Eric View PostComment
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We need domestic oil and gas!
Driving past my local gas station in North Jersey , I noticed gasoline had risen again to $2.79 per gallon , with premium grades all near or over 3 bucks.
The oil exprorting nations have us by the Bal*s !
The solution to those oil extortionists lies right here in the USA. don't believe all that BS about Peak Oil. Science and technology have provided us with the ability to extract oil and gas from places that just several years ago was impossible.
Although rapid strides have been made in alternative energy such as solar, wind geothermal .......the simple fact remains. WE STILL NEED OIL AND GAS!
3 exciting places in the US that have HUGE supplies of Oil and Nat gas are these 3.
1. The Williston Basin in North Dakota, supposedly 4 Billion Plus barrels of oil.
2. The Marcellus Shale in the Appalacian Basin 260 TRILLION cubic feet of natural gas......OH MY LORD like a 200 yr supply!
3. The Eagle Ford Shale of Texas a recent OIL discovery which could be one of the largest in almost half a century!
Wouldn't it be nice to have stock in a company that has the technological expertise to drill in these areas and HAS DRILLING RIGHTS IN ALL OF THEM??
Well Magnum Hunter Resources MHR a $6.09 company on the AMEX is JUST that company.
Now grab the digitalis maude, hang onto your hats MHR EARNINGS for the 3 months ending 9/30/10 INCREASED a HUGE 317% over the same period last year!
Gezzzzzzzz any jack wagon can see that MHR has the potential to reap HUGE gains over the coming years!
Bar chart www.barchart.com analysis of MHR!
MHR DRILL BABY DRILL!
Last edited by Peter Hansen; 11-19-2010, 09:55 AM.Comment
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Good entry point right now for URZ, catching it on the dip at $3 ish.Originally posted by Peter Hansen View PostBest,
Steel
It's time to Grab the Bull by the Horns!Comment
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Well Pete, MIPS was good to me. I picked up some Feb $7.50 calls for MHR. Let's see where this goes.Originally posted by Peter Hansen View PostDriving past my local gas station in North Jersey , I noticed gasoline had risen again to $2.79 per gallon , with premium grades all near or over 3 bucks.
The oil exprorting nations have us by the Bal*s !
The solution to those oil extortionists lies right here in the USA. don't believe all that BS about Peak Oil. Science and technology have provided us with the ability to extract oil and gas from places that just several years ago was impossible.
Although rapid strides have been made in alternative energy such as solar, wind geothermal .......the simple fact remains. WE STILL NEED OIL AND GAS!
3 exciting places in the US that have HUGE supplies of Oil and Nat gas are these 3.
1. The Williston Basin in North Dakota, supposedly 4 Billion Plus barrels of oil.
2. The Marcellus Shale in the Appalacian Basin 260 TRILLION cubic feet of natural gas......OH MY LORD like a 200 yr supply!
3. The Eagle Ford Shale of Texas a recent OIL discovery which could be one of the largest in almost half a century!
Wouldn't it be nice to have stock in a company that has the technological expertise to drill in these areas and HAS DRILLING RIGHTS IN ALL OF THEM??
Well Magnum Hunter Resources MHR a $6.09 company on the AMEX is JUST that company.
Now grab the digitalis maude, hang onto your hats MHR EARNINGS for the 3 months ending 9/30/10 INCREASED a HUGE 317% over the same period last year!
Gezzzzzzzz any jack wagon can see that MHR has the potential to reap HUGE gains over the coming years!
Bar chart www.barchart.com analysis of MHR!
MHR DRILL BABY DRILL!
http://www.marketwatch.com/story/mag...k=MW_news_stmpBest,
Steel
It's time to Grab the Bull by the Horns!Comment
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Steel Enlighten US
Please tell us all , SPECIFICALLY, Expiration date , which call options ya did buy for MHR .......Inquiring minds want to know ........Thanx!Originally posted by steelman View PostComment
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ANTS is still dieing, I wonder if this afternoons meetings will have an effect?Comment
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Pete, I bought MHR call options. February 2011 Expiration, Strike price of $7.50. I paid .20 for them. Did you see the volume today, 1,500,000 compared to avg volume of 877,000, up 135%! Hopefully that will give it some Momo.Originally posted by Peter Hansen View PostBest,
Steel
It's time to Grab the Bull by the Horns!Comment
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Steel Thanx
Steel I own MHR the stock outright , but will look into those options......PeteOriginally posted by steelman View PostComment
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That's great Pete. You believe in it and I like it and it would be outstanding if we both make money on it!!Best,
Steel
It's time to Grab the Bull by the Horns!Comment
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Steel
Steel , hopefully we ALL make money here .....of course one must remember ..........NEVER marry any stock , cut your losses and let your winners run protected by stop losses!Originally posted by steelman View PostComment
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NATURAL GAS LoooooooooK Out!
Several years ago pundits were saying we had "Peak Oil' and that we were running out of natural gas..........ALL BS! Always remember Necessity Is The Mother Of Invention, and I have more faith in science and technolgy than I do in any of the A-Holes we have in Washington now!
Science has provided us with a game changing technology that has revolutionized natural gas drilling........namely horizontal hydraulic drilling or fracking. Fracking is in essence a process that can extract nat gas from locations that was up to now IMPOSSIBLE!
HALF of all new US power plants being built from 2010 -2013 will use NATURAL GAS ! Natural gas has about half the carbon content of coal , all the tree huggers will be crapping in their pants with joy!
We spend 1 billion dollars per DAY on foreign oil .....sheer lunacy!
T Boone pickens is pushing congress to pass laws replacing oil and diesel used for transportation with nat gas. BY 2015 demand for "LIQUIFIED" natural gas LNG will exceed supply.
What to DO? Well , there so happens to be a company fixed to meet the demand . A company that has the capability to store and ship liquified gas in one of the most desireable areas in the country .This company is contracting to export gas to Japan, China, South Korea, and Spain.
This company owns land and has much of the infrastructure in place to begin operations, in Louisana. They are ALREADY connected to drillers and producers throughout the Gulf states. This gives them access to the HUGE 300 TRILLION cubic feet Haynesville Shale formation gas reserves.
When Billionaire hedge fund manager John Paulson , who made billions betting on the collapse of sub-prime mortgages, has a 13% stake in the company things begin to look verrrrrrrrrry interesting . So what is this NAtural Gas wonder? ........none other than a $6.16 stock called CHENIERE ENERGY LNG on the AMEX !
Could 40 DOLLARS be in LNG's future? ....before you say BS ..check this 4 year chart out and weep!
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