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Today I sold PRPX at $5.20. That's a 20% gain in only 4 days. Over the same period, the market was up, but not up as much as $$$MR. MARKET$$$. The market was all happy for being up 5% over the last 4 days, but $$$MR. MARKET$$$ squished the market for being so proud.
Did you do that? You? YOU? YOU??!!!
I am HUGE! That makes 6 Consecutive profitable trades of 15% or better. We're on a Samarai Roll. We're on a Myron Rolle.
I make money in bull markets, bear markets, fair markets and hair markets. I make money using growth strategy, value strategy and playing Stratego.
You can be HUGE just like me...another winning pick is coming soon. I love playing the value market. It's like being in Filenes Basement with my Uncle Robert. His best line is, "If you don't like it, I will break your teeth."
My best line is "Bring me your finest meats and cheeses!"
$$$MR. MARKET$$$
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11-21-2008, 08:45 AM
mrmarket
Administrator Join Date: Sep 2003
Posts: 3,032
Here's 4 Oversold stocks I am buying at the market open today
PRPX:
- Trading at $4.08 per share
- P/E of 5.28
- Dividend Yield of 5.20%
- Portec Rail Products, Inc. manufactures, supplies, and distributes various railroad products in the United States, Canada, and the United Kingdom. It operates in four divisions: Railway Maintenance Products (RMP), Shipping Systems, Portec Rail Nova Scotia Company (Canada), and Portec Rail Products (UK), Ltd. (United Kingdom). The RMP division provides track component and friction management products and services to railroads, transit systems, and railroad contractors; and wayside detection and operating asset data management systems. Its track component products include standard and insulated rail joints, gauge plates, track mats, curve blocks, and jacking systems; and friction modifiers. This division also distributes and resells purchased track components and lubricants manufactured by third parties. The Shipping Systems segment engineers and sells load securement systems and related products to the railroad freight car market. Its customers include railroads, railcar builders, railcar repair shops, and railcar lessors. The Canada division manufactures rail anchors and rail spikes, and assembles friction management products primarily for Canadian railroads. It also manufactures stick lubrication and application systems; and a liquid friction modifier, Keltrack. The United Kingdom division offers friction management and track component products and services to the United Kingdom passenger rail network. It also designs, manufactures, and sells material handling equipment, such as overhead and floor conveyors, racking systems, and mezzanine flooring systems used primarily in manufacturing, distribution, garment, and food industries. The company markets its products through a combination of direct sales force, third party sales representatives, agents, and distributors. Portec Rail Products was founded in 1906 and is headquartered in Pittsburgh, Pennsylvania. Choo - choo..love the railroad.
- Operating margin 10.34%
- Return on equity 12.2%
- revenue and income have grown steadily over last few years
- Stock is down 60% this year
- Book value per share is $6.52....trading under book value!
- There is debt on the balance sheet - common for an asset intensive company, but debt to equity ratio is only 0.28.
- Words from the CEO: Mr. Jarosinski concluded, "Looking forward, we are closely monitoring current economic conditions and how this may impact our business. We will focus on business issues we can control to enhance our competitive position even in challenging economic times. We feel that there are opportunities in our markets for our products and services, and we will continue to selectively pursue strategic acquisitions. North American freight rail traffic is softening a bit but is still relatively strong while passenger ridership is at record levels in many locations. As a result, we are cautiously optimistic about the future despite the current economic uncertainty."
These 4 stocks make money, they are safe and they are cheap. I'll let you know what I bought them at today.
What do you think?
__________________
=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$
Actual purchase prices were:
OXPS - $12.47
LTC - $15.56
SAFT - $30.56
PRPX - $4.33
__________________
Did you do that? You? YOU? YOU??!!!
I am HUGE! That makes 6 Consecutive profitable trades of 15% or better. We're on a Samarai Roll. We're on a Myron Rolle.
I make money in bull markets, bear markets, fair markets and hair markets. I make money using growth strategy, value strategy and playing Stratego.
You can be HUGE just like me...another winning pick is coming soon. I love playing the value market. It's like being in Filenes Basement with my Uncle Robert. His best line is, "If you don't like it, I will break your teeth."
My best line is "Bring me your finest meats and cheeses!"
$$$MR. MARKET$$$
================================================== ========
11-21-2008, 08:45 AM
mrmarket
Administrator Join Date: Sep 2003
Posts: 3,032
Here's 4 Oversold stocks I am buying at the market open today
PRPX:
- Trading at $4.08 per share
- P/E of 5.28
- Dividend Yield of 5.20%
- Portec Rail Products, Inc. manufactures, supplies, and distributes various railroad products in the United States, Canada, and the United Kingdom. It operates in four divisions: Railway Maintenance Products (RMP), Shipping Systems, Portec Rail Nova Scotia Company (Canada), and Portec Rail Products (UK), Ltd. (United Kingdom). The RMP division provides track component and friction management products and services to railroads, transit systems, and railroad contractors; and wayside detection and operating asset data management systems. Its track component products include standard and insulated rail joints, gauge plates, track mats, curve blocks, and jacking systems; and friction modifiers. This division also distributes and resells purchased track components and lubricants manufactured by third parties. The Shipping Systems segment engineers and sells load securement systems and related products to the railroad freight car market. Its customers include railroads, railcar builders, railcar repair shops, and railcar lessors. The Canada division manufactures rail anchors and rail spikes, and assembles friction management products primarily for Canadian railroads. It also manufactures stick lubrication and application systems; and a liquid friction modifier, Keltrack. The United Kingdom division offers friction management and track component products and services to the United Kingdom passenger rail network. It also designs, manufactures, and sells material handling equipment, such as overhead and floor conveyors, racking systems, and mezzanine flooring systems used primarily in manufacturing, distribution, garment, and food industries. The company markets its products through a combination of direct sales force, third party sales representatives, agents, and distributors. Portec Rail Products was founded in 1906 and is headquartered in Pittsburgh, Pennsylvania. Choo - choo..love the railroad.
- Operating margin 10.34%
- Return on equity 12.2%
- revenue and income have grown steadily over last few years
- Stock is down 60% this year
- Book value per share is $6.52....trading under book value!
- There is debt on the balance sheet - common for an asset intensive company, but debt to equity ratio is only 0.28.
- Words from the CEO: Mr. Jarosinski concluded, "Looking forward, we are closely monitoring current economic conditions and how this may impact our business. We will focus on business issues we can control to enhance our competitive position even in challenging economic times. We feel that there are opportunities in our markets for our products and services, and we will continue to selectively pursue strategic acquisitions. North American freight rail traffic is softening a bit but is still relatively strong while passenger ridership is at record levels in many locations. As a result, we are cautiously optimistic about the future despite the current economic uncertainty."
These 4 stocks make money, they are safe and they are cheap. I'll let you know what I bought them at today.
What do you think?
__________________
=============================
I am HUGE! Bring me your finest meats and cheeses.
- $$$MR. MARKET$$$
Actual purchase prices were:
OXPS - $12.47
LTC - $15.56
SAFT - $30.56
PRPX - $4.33
__________________
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