do you recommend buying TMA still?
Pete's Money Makers
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Originally posted by billyjoe View PostPete,
I'd like your opinion on DRIPS. If you decided to get out of stocks, liquidate everything, put a million in DRIPS and live off the dividends, what % could you realistically make? Thanks. I know Doug (IIC) could do this with his millions but abandoning the trading desk would drive him crazy.
------------billyjoe
Billy...IMO Drips in a good solid company are a nice hands-off investment...Do you remember the story I told about my dad and my son...made 25% a year over 18 yrs. on Colgate."Trade What Is Happening...Not What You Think Is Gonna Happen"
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Annaly Capital Management ( NLY ) 200% in 2 YRS?
The following was taken from an article by Dr Steve Sjuggerud in Daily wealth 8/21/07 .
"At the beginning of 2001, the Federal Reserve cut short-term interest rates down to 6%. As usual with Fed rate cuts, the Fed didn't cut rates just once. In the year 2000 alone, the Fed cut rates from roughly 6% to roughly 2%.
Investors who understood that the Fed doesn't cut rates just once made a fortune in shares of Annaly…
A month before the Fed rate cut back then, shares of Annaly traded at $8. By mid-2002 – just 18 months later – shares of Annaly were up over $20 a share, for a gain of more than 150%. In addition, Annaly shareholders also made a whopping 41% in dividends in that time as well, bringing your total return to roughly 200%.
Fast forward to 2007… It is obvious that the Fed is about to cut interest rates. The Fed already cut the not-widely-used discount rate. So we should see a Fed rate cut at the next Fed meeting in mid-September, if not sooner. Buying stocks like Annaly now is buying them one month before the Fed rate cut.
Remember, based on history, the Fed doesn't stop at just one rate cut. And the last time around, the safest place to make a pile of money when the Fed is cutting rates was in shares like Annaly.
The reason you make the most money in shares like Annaly is simple...
These companies essentially make money on the "spread" between short-term interest rates and mortgage rates. Right now, that spread is tight, so they don't make much money. But when mortgage rates are 6% and the Fed cuts rates to 2% percent, that's a 4% spread. Companies like Annaly often use 10-times leverage, so they're making a 40% return on equity.
The reason I say this is the safest place to make a pile of money is simple also… Annaly only invests in things that are guaranteed by government agencies. So Annaly's investments have no credit risk. There is basically no chance Annaly won't get paid in full on their investments"
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LPHI Wanted Dead OR Alive....Hopefully DEAD !
LPHI is basically an insurance stock with a twist .......They are banking on the hope .......that you will "Kick The Bucket" as quickly as possible .LOL
Read the short paragraph below.....the chart looks good .......and perhaps some money can be made?
Life Partners Holdings' financial transactions involve the purchase of life insurance policies of terminally ill persons or elderly persons at a discount to their face value. The company was founded in 1971 and is based in Waco, Texas.
Waco Texas ....yes I do recall a fire down there there several years ago ......Some Whacko convinced some gullible followers to follow him down there and live in a commume......Ah some people never learn ...do they? ......i.e. Jonestown.
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Originally posted by Peter Hansen View PostSSTR may be worth a shot ......small float + high volume = Explosive Action
Check it out .......nice move today .....If you buy in ......watch it , set tight stop and take quick profit ..... get out fast!
http://www.bloomberg.com/apps/quote?ticker=sstr
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[QUOTE=Peter Hansen;86320]SSTR may be worth a shot ......small float + high volume = Explosive Action
Check it out .......nice move today .....If you buy in ......watch it , set tight stop and take quick profit ..... get out fast!
SSTR could be a good short about now, quickly
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Pissing asianLast edited by squarepusher; 04-19-2011, 04:51 AM.
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Square Pusher
[QUOTE=squarepusher;86370]Originally posted by Peter Hansen View PostSSTR may be worth a shot ......small float + high volume = Explosive Action
Check it out .......nice move today .....If you buy in ......watch it , set tight stop and take quick profit ..... get out fast!
SSTR could be a good short about now, quickly
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AGIX News Coming?
AGIX looks like a snake ready to spring.......check out the news story below ..........If Wednesday's news turns out well.....the stock should rocket up.
Shares of Atherogenics Inc. were up 11% at $2.78. The stock has been on a roll this past week on news that the company will be presenting data on its diabetes drug candidate AGI-1067 at a medical conference in Austria on Wednesday.
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