Pete's Money Makers

[Tatnic]

I live in New Jersey and have been to Six Flags Great Adventure Theme park on numerous occasions when the children were younger ....great fun place. I no longer go to Six Flags ,but now my thrill ride is limited to an occasional Lap Dance at a local Go Go emporium LOL.
Fundamentally Six Flags is LOUSY, according to Vector Vest its price is overvalued at 3/19/07 close of $5.88 compared its current value of $4.69. Its PE is -6.63 and Its EY is -15.54 , however, on a more positive note its Earnings Growth Rate is 15% and its sales growth rate over the last 12 months is (Hang on to your Hats ) 999% WOW.
Six Flags operates 39 regional amusement theme and water parks , including 16 of the 50 highest attendance theme parks in North America , the LARGEST paid admission park in MEXICO ( They may sneak into the US for free...but they will pay for Six Flags in Mexico) and 7 theme parks in Europe .
Six Flags sits on 6,000 prime acres of land and may be worth as much as 1.5 Billion . Six Flags has NOT made a profit since 1998, and its share price has dropped over 85% to $5.88 (4/19/07. Fortunately a NEW management team took over last year and I like what I see and hear . Entrepreneur Dan Snyder is a marketing genius. When in his twenties he started Snyder communications he sold it seven years ago for 2 billion, after that he purchased the Washington Redskins, and since his purchase earnings before interest, taxes, and amortization is up triple! Snyder hired Mark Shapiro former #2 man at ESPN as the New President and CEO. I saw Mark on CNBC , he looks like a real dynamo ,and I am sure he will bring success to the company. He has also hired a team of super individuals to assist him in the six flags turnaround.
With the summer coming and with such a team of talented individuals, I think Six Flags will rise from the ashes . Snyder and Shapiro are definitely a team you DON'T wish to bet against . At $5.88 SIX is a bargain !

By my eye, this company has a negative book value (this is NOT good) and has obviously been a short over the past decade (why can't I find these?)....but the horse has already left the barn. I'm guessing these parks have suffered immensely in terms of a lack of maintenance, so if anyone were going to buy them they'd have to basically start from scratch rebuilding. That's a huge project that marketing alone can not even begin to help. No amount of marketing savvy will briing people in if the rides and infrastructure look shoddy and dangerous.

The only reason to invest at these levels would be for a turn-around play. If you are convinced that the new management is brilliant and that they've done similar turn-arounds, ie infrastructure replacements and that they paid a rock bottom price, then go for it. Other than that, you're just gonna lose money or at best, it will be dead money for a few years. Just my thoughts.

[skiracer]

Ski I receive many free emails and some paid newsletters .I forgot where ONI came from. CHECK this STOCK OUT .The following is from www.smartselected.com What are your thoughts on this one?

CKRH is "GUARANTEED" by Smart Selected to "TAKE OFF" this week. (I have heard that before LOL ) The reasons are as follows It is trading near its 52 week low and EVERYTIME it has traded near its 52 week low it has bounced up wards of 100%. Look at this chart and let me know WHAT you think . Maybe we all can make a few coins on this one?

http://bigcharts.marketwatch.com/quickchart/quickchart.asp?symb=ckrh&sid=0&o_symb=ckrh

It was also featured on CNBC view the clip here:

http://stream01.livemansion.com/cnbc.html

Pete,
Not my cup of tea. The chart looks to be a descending triangle pattern. Not to bullish in my opinion. Keep em coming though. That's what it's all about.

[Peter Hansen]

SKI Thanx

Pete,
Not my cup of tea. The chart looks to be a descending triangle pattern. Not to bullish in my opinion. Keep em coming though. That's what it's all about.

Ski this is why I POST ..hopefully we can all learn and perhaps in the process make a few dollars. CKRH from your charts does not look to healthy ..I will monitor it and see what happens

[skiracer]

Ski this is why I POST ..hopefully we can all learn and perhaps in the process make a few dollars. CKRH from your charts does not look to healthy ..I will monitor it and see what happens

I'm glad you feel that way Pete. Everything I say is always meant in a positive manner even if we disagree. Keep an eye on it. You never really know with these buggers.
I hope you are keeping an eye on ONT. I have been building a nice position in it from 1.25/1.45 range.

[Peter Hansen]

The Mother Of All Stock Systems !

While reading through some old papers , I ran across this "System" for screening stocks. Does anyone know if it would be possible to construct such a screen . The Rules are as follows.

1) The Stock must have doubled its 52 week low.

2) The Stock must have an earnings per share (EPS) of 80 , minimum...... and relative strength (RS) of 80 , minimum

3) The Stock must be making a NEW Historic all time HIGH

4) The stock must sell for 2 dollars or more

Supposedly if this screen is used the stocks it generates should make huge returns, and if it run just as the stock makes its HISTORIC all time HIGH , or shortly after , the BEST results will be obtained.

It can be done "Cave Man Style" using Investors Business Daily, Big Charts and The S&P guide

Does anyone know how it could be set up on the computer ?

Guys and Girls this may be both interesting and profitable?

[billyjoe]

Pete,
You'd have to have stocks with at least 100% one year return. Screening for that in stocks over $2, I come up with 168 potential stocks. My screen has EPS growth by percentage , but not compared to other stocks like IBD's numbers indicate. Just for fun I'll screen these stocks for any that have a 80% EPS growth rate and report back shortly. I can get a RS number on another site also historic high.

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

[billyjoe]

Pete,
Since I coudn't get IBD's EPS numbers I put in 80% EPS gain in last 52 weeks. I've got the RS and double off 52 week low, but haven't figured historic high yet. Here's the list of 21 candidates.

AZZ ACY BTJ BRKR BW EML GEO GRIL HRSH JSDA LXU NGA ROCM SLP

SPAR TTEC TRT GROW UCTT PTT WCG

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

[skiracer]

While reading through some old papers , I ran across this "System" for screening stocks. Does anyone know if it would be possible to construct such a screen . The Rules are as follows.

1) The Stock must have doubled its 52 week low.

2) The Stock must have an earnings per share (EPS) of 80 , minimum...... and relative strength (RS) of 80 , minimum

3) The Stock must be making a NEW Historic all time HIGH

4) The stock must sell for 2 dollars or more

Supposedly if this screen is used the stocks it generates should make huge returns, and if it run just as the stock makes its HISTORIC all time HIGH , or shortly after , the BEST results will be obtained.

It can be done "Cave Man Style" using Investors Business Daily, Big Charts and The S&P guide

Does anyone know how it could be set up on the computer ?

Guys and Girls this may be both interesting and profitable?

Pete,
I think this scan could be set up in StockCharts.com's advanced screening. I'll play around with it and see what I come up with. I think to get the right scan all the parameters have to be plugged into the scan at once and run that way. I don't think that trying to run a number of different scans with specific indicators and then combining all those outcomes will provide the same results.

[billyjoe]

Pete,
I could go back 10 years on the prices and many stocks as you know don't have a 10 year record , but these 9 are close to 10 year historic highs and meet the other requirements. It will be interesting to see if ski comes up with some of these also :

AZZ BW EML GEO LXU ROCM SPAR UCTT WCG

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

[skiracer]

Pete,
I could go back 10 years on the prices and many stocks as you know don't have a 10 year record , but these 9 are close to 10 year historic highs and meet the other requirements. It will be interesting to see if ski comes up with some of these also :

AZZ BW EML GEO LXU ROCM SPAR UCTT WCG

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

Billyjoe,
I wasn't knocking the approach you are trying. StockCharts has a scanning process where you can plug in the code for all the parameters at once. I'm not sure that I can even get all of Pete's essentials in at once and scan it that way but I'll mess around with it. But in the meantime keep up your good work. I own SPAR right now and got in at 26.05. I have high expectations for it. Another on that I like, and got from Ernie's last dump, is SPIL. I don't own it yet but have been waiting and watching for a pullback for entry and it looks like it is doing exactly what I was hoping for to get my entry. Pulled back to under 10 last week. Plenty of upside room on this one. Check out my chartlist at StockCharts.com's public charts lists at the link below. Some nice setups, long and short, on my chartlist. These are the latest annotations to these two charts from last week.

[billyjoe]

Ski,
SPIL was a favorite of mine last year. Made a 19.49% gain in it for my son's Roth selling at 7.71. I think they paid a 10% special div. in stock last summer. I haven't been following it since the sale.

------A problem I have with screening for example MSN has an RS for stocks based on 3 mo, 6mo., and 12 mo. performance. I eliminated a few that were way over RS 80 for 6 and 12 months, but under the last 3 months, I'm pretty sure IBD doesn't do that. You could go to 5 different sources for EPS and get 5 different ways of calculating the number. Anyway , any stocks making it through so many screens have got to have something going for them.

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

[skiracer]

Ski,
SPIL was a favorite of mine last year. Made a 19.49% gain in it for my son's Roth selling at 7.71. I think they paid a 10% special div. in stock last summer. I haven't been following it since the sale.

------A problem I have with screening for example MSN has an RS for stocks based on 3 mo, 6mo., and 12 mo. performance. I eliminated a few that were way over RS 80 for 6 and 12 months, but under the last 3 months, I'm pretty sure IBD doesn't do that. You could go to 5 different sources for EPS and get 5 different ways of calculating the number. Anyway , any stocks making it through so many screens have got to have something going for them.

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

Actually MSN has a advanced stock scanning ability that allows you to plug in a wide range of parameters. I use it all the time.

[Peter Hansen]

Billie Joe and Ski Mega Thanx !

Billie and Ski thanx for your help. I will do some more analysis on the stocks presented. It is seems as if only Billie , Ski and me are reading these posts, but I really enjoy writing them. True some may be slightly irreverent, and some of the stocks, not exactly Blue Chip, but hey ......that is my style. Thank you guys and have a beautiful day !

[Peter Hansen]

LPSN A More "Personable Internet"

Buying on the interent can be both impersonable and intimidating , but a company Live Person , Inc. (LPSN) 4-20-07 close at $7.40 is changing all that. LPSN provides software that helps online retailers to better assist and comminicate with customers to their site. Many internet customers , especially when inquiring about high tech products, seek "Personalized" service , and LPSN is there to give them just that. Customers have a LIVE CHAT icon on the Vender's site and and venders have noticed a 54% increase in the average order, and post chat surveys indicate that 80% of all customers are satisfied with the "Live" experience and are more inclined to return to back to that vender.
LPSN went profitable in 2003 , and it has not looked back since. Revenue is Millions is as follows 2004 17.4M, 2005 22.3M and 2006 33.5M. Gee, does anyone see a pattern here? 35% of the entire company is devoted to product development, and it sells its sofware to over 4000 clients , with verizon, Microsoft, H.P., Bank of America and Earthlink , just to name a few.
Vector Vest gives it a buy rating and says LPSN 's current value pf $7.66 is fairly valued to its 4/20/07 close of $7.40 . Earnings growth rate is pegged at 36% and a sales Growth Rate of 64% over the last 12 months. Morning Star shows that it is up 41% YTD , but the ride has not been straight up ........Needless to say .........it does look interesting!

[skiracer]

Billie and Ski thanx for your help. I will do some more analysis on the stocks presented. It is seems as if only Billie , Ski and me are reading these posts, but I really enjoy writing them. True some may be slightly irreverent, and some of the stocks, not exactly Blue Chip, but hey ......that is my style. Thank you guys and have a beautiful day !

Don't let it disuade you Pete. Keep the stocks and the ideas coming. I'm sure there are plenty of others reading your posts.