Stenzrob's specials

I think CRDN is on sale here.. Grabbed me some..

Hey Runner,
Did you see where Cramer had Joel Moskowitz, Ceradyne CEO, on the phone yesterday? He asked Joel very pointedly about the statements made by FBR in their downgrade, and Joel answered each point and basically said that the analyst at FBR had it wrong. Now, I don't put a lot of faith in Cramer, but in this case, I think he performed a valuable service by doing in public what a lot of individual shareholders might want to do - ask the CEO about the doubts raised by the analyst and give him an opportunity to respond. There is a link to the video at the Yahoo headlines page.
regards ... stenz

EXP is moving nicely this week. Given the valuation (PEG=0.4), and that ROE is like 40%, this one could have the potential to go quite a ways before stopping.

Currently holding CRDN, EXP, PTEN, IMOS.
Considering SIM, BLUD, VDSI, BOOM, all of which I have traded profitably in the last several months, but am currently out.

Another brief article today highlighting EXP as "Bargain Growth".

http://www.forbes.com/2007/01/16/dsf-chea-growth-pf-ii-cx_sw_0116sf.html

[peanuts]

FYI, I sold my real-life SCLD today at $1.20 for a 27% gain from where I bought in mid-December at 95 and 91 cents. Will be looking for an opportunity to buy it back at around $1.05 or so...

Excellent, tell us when you buy it back!

sold SCLD

FYI, I sold my real-life SCLD today at $1.20 for a 27% gain from where I bought in mid-December at 95 and 91 cents. Will be looking for an opportunity to buy it back at around $1.05 or so.

Currently down a bit on my IMOS position, but it's still acting OK. It is still within an uptrend started 12/18. Looking over the list of articles written about IMOS on the Yahoo quote page, see there are an assortment of articles, one touting it's growth rate by Motley Fool, another pointing out it's low price/book value from Forbes Streetwalker, and a recent one called "Buy ChipMOS On The Cheap" that points out valuation ratios just paid for one of it's competitors in a private equity takeover. All of these articles confirm what my screen already told me - healthy growth at a discount.

imos

Just bought some IMOS. Low PEG, just posted Dec revenues above estimates. Has been trading in a range (basing) for several years, and recent approach to the top of the range has been on increased volume. In particular, the 3 year weekly chart shows possible strength.

Pten

Another position in my current portfolio is PTEN. I'm down about 20% on it at this point. A supplier of drilling rigs, the stock price moves with the price of natural gas and oil, although their actual business is not as directly dependent on that as the actual producers. According to estimates, the PEG is about 0.3, so like EXP, it is way undervalued IF the estimates are reasonable. The price recently got down to about where it broke out 2 years ago, so this could be an area of support. It has been in a downtrend for about 1 year, but recently turned at a higher low than the last turn. Looking at a 3 year weekly chart, I drew upper and lower trend lines looking for a break in the overall trend. I bought at $28 when it broke above the upper line, which turned out to be a short term peak (oh well). I recently doubled my position at $23 when it turned around at the higher low. Volume has also picked up, suggesting that this could be the bottom.

One other twist to PTEN compared to their peers is a recent settlement arising from the fact that the former CFO embezzled a large sum of money from the company back in 2005. The settlement, announced in November 2006, includes new corporate governance measures. This issue has caused PTEN to sell at a discount to their peers, and if this is now behind them, could cause the discount to be erased over some period of time.

Exp

EXP moving nicely out of several month base.
Could be a nice run a'comin.

[Websman]

Holy Shit...it's Stenzrob. Well we lost Steckler but we got back Stenz...good trade.

Steckler didn't like me....I wonder why?

Holy Shit...it's Stenzrob. Well we lost Steckler but we got back Stenz...good trade.

Good for at least +15%.

[mrmarket]

Holy Shit...it's Stenzrob. Well we lost Steckler but we got back Stenz...good trade.

[peanuts]

Just wanted to mention EXP. Boring business, drywall and concrete. Valuation shows a PEG ratio of under 0.4 which suggests that it's undervalued IF the growth projections are right. Technically, looks like a cup with handle, also note the 50 day crossing back above the 200 day ema. Pivot point should be around $45 somewhere. Several intersting articles lately by Motley Fool, Forbes, etc. showing cement business to be strong going forward due to infrastructure work being planned.

TXI, a competitor, posted good results recently.

I bought some EXP at $42.45 back in mid-November. Looking for maybe $60 in 3 to 6 months.

Do your own DD - feel free to agree or disagree.

also look at USLM, same area, more specific to lime. They sell alot to Steel and will move into flue gas desulfurization

EXP - undervalued & good technicals

Just wanted to mention EXP. Boring business, drywall and concrete. Valuation shows a PEG ratio of under 0.4 which suggests that it's undervalued IF the growth projections are right. Technically, looks like a cup with handle, also note the 50 day crossing back above the 200 day ema. Pivot point should be around $45 somewhere. Several intersting articles lately by Motley Fool, Forbes, etc. showing cement business to be strong going forward due to infrastructure work being planned.

TXI, a competitor, posted good results recently.

I bought some EXP at $42.45 back in mid-November. Looking for maybe $60 in 3 to 6 months.

Do your own DD - feel free to agree or disagree.

[grebnet]

JLG being bought at $28

JLG

I liked this when Stenzrob posted it and have been holding since.........cha -ching

Thanks Stenzrob

Rally confirmation yesterday. So according to plan, I bought some BOOM at $33.50 and PTEN at $28 in IRA, now 98% invested. Also JLG at $20.50 in non-IRA, now 140% invested in that account.

Wow. There was a huge buying surge in JLG in the last half hour or so.