I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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In a related matter my pick, Dryships (DRYS), has just announced a plan to sell all their ships. This is not a joke. It's not clear how the company plans to make money with no ships but whereas they have been losing money with the ships perhaps it will turn out to be an improvement.
Louetta, That's a new twist. The company goes to cash. Why not? It beats losing money each day. Maybe they'll resurface as a tech company.
Louetta, That's a new twist. The company goes to cash. Why not? It beats losing money each day. Maybe they'll resurface as a tech company.
--------------------billy
l
I don't know about tech. On further reading I see that DRYS is incorporated in the Marshall Islands. I think I would feel better if I knew where the Marshall Islands were.
Louetta, is that why you bought in ORIG today? Seeing that ORIG is majority owned by DRYS and probably the only thing that makes DRYS relevant.
I bought ORIG because they are earning decent money, more than enough to cover their dividend and then some and the price is right and if oil comes back it should help. Best driller I could find but it is a contrarian play. DRYS owns 78,000,000 shares of ORIG which at about $7 a share is worth just over .5 billion. DRYS has $5 billion in debt so their stake in ORIG might provide a ready source of cash and help keep them solvent but if the stock price doesn't improve sometime soon they will get kicked off NASDAQ which won't help the stock price.
Settlement announced, terms not disclosed, but Annmarie Gayle, Group CEO said "This settlement allows the Business to
focus on bringing real value to its shareholders and stakeholders"
up 28% on the news and hopefully CDOC will start getting some respect! (4:00 pm update, closed up 57% on the day.)
Settlement announced, terms not disclosed, but Annmarie Gayle, Group CEO said "This settlement allows the Business to
focus on bringing real value to its shareholders and stakeholders"
up 28% on the news and hopefully CDOC will start getting some respect! (4:00 pm update, closed up 57% on the day.)
Congrats to Phoenix as AVEO continues to run!
Awesome, that brings you back from negative to a top 3 rank! (and me back to near even on my CDOC position... sweet!)
People in this forum probably own 90% of CDOC shares.
LOL, based on average volumes it sure feels that way, but there are about 94 million shares out.
Maybe we have enough to get a seat on the Board and name the next huge product ERNIE or something....
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