Jiesen tries to take over the world

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  • jiesen
    Senior Member
    • Sep 2003
    • 5319

    Jiesen tries to take over the world



    Oh the humanity! See, Brain, this is why we have to take over the world today!
  • billyjoe
    Senior Member
    • Nov 2003
    • 9014

    #2
    Once you go to the onion for news you'll never go back to the talking heads.
    billyjoe

    Comment

    • jiesen
      Senior Member
      • Sep 2003
      • 5319

      #3
      OK, I'm gonna try to use this thread to (aside from taking over the world) disclose my equity trades to you guys, seeing how everyone else seems to be doing it...

      I appreciate any comments, jabs or whatever else smack-talk you may have to say about my moves. It all helps me out- since I'm here trying to learn how to be a better investor, and the more information the better...

      I'm selling the market today (<1% of port) by closing out an underperforming mutual fund.

      To give perspective, here's an *approximate* breakdown of my positions:
      25% cash&bonds
      25% mutual funds
      25% $$MM stocks
      25% other stocks
      other stocks include:
      10% each in LJPC and XING
      >1% each in MRK MSFT DRUG.OB SSRI
      <1% each in MSPD CNXT
      that's it.

      I include in my $$MM stocks RRGB and WSB in addition to the stocks $$MM currently holds... Also, I have increased (at least doubled) positions in PRX BEL OFG GGI and NUS

      Comment

      • scifos
        Senior Member
        • Jan 2004
        • 790

        #4
        Originally posted by jiesen
        >1% each in MRK MSFT DRUG.OB SSRI
        Hmmm, I've taken several SSRIs and they all do terrible things to me
        Buy Low
        Sell High
        STAY FROSTY!

        Comment

        • jiesen
          Senior Member
          • Sep 2003
          • 5319

          #5
          Originally posted by scifos
          Hmmm, I've taken several SSRIs and they all do terrible things to me
          you mean prozac?

          Comment

          • jiesen
            Senior Member
            • Sep 2003
            • 5319

            #6
            actually LLY may not be a bad place to look for another drug stock... every analyst and their mother has downgraded it already, and with net assets around $10 and a 3% dividend, I wouldn't mind picking that up for around $50 or less... the drug companies are due for a comeback once this Vioxx debacle blows over. LLY should be trading at least at 70 by then. PFE is also a good buy now, IMO.

            Comment

            • scifos
              Senior Member
              • Jan 2004
              • 790

              #7
              Originally posted by jiesen
              you mean prozac?
              Celexa, Effexor, and Wellbutrin(which isn't an SSRI)

              Thank god I'm not on any of them anymore and don't need to be.
              Buy Low
              Sell High
              STAY FROSTY!

              Comment

              • Websman
                Senior Member
                • Apr 2004
                • 5545

                #8
                Originally posted by jiesen
                http://www.theonion.com/news/index.php?issue=4049&n=1

                Oh the humanity! See, Brain, this is why we have to take over the world today!

                NARRRRFFFFFFFFFFFF!!!!!!!!!!!!! Thats un- - - - - - - Believeable!!!

                IT'S TIME FOR ALL GOOD MICE TO RISE UP!!!!!!!!!!

                I NEED A BEER!!!!

                Comment

                • jiesen
                  Senior Member
                  • Sep 2003
                  • 5319

                  #9
                  Originally posted by scifos
                  Celexa, Effexor, and Wellbutrin(which isn't an SSRI)

                  Thank god I'm not on any of them anymore and don't need to be.
                  I'm glad to hear you're off of that junk. nobody should be taking any of it.

                  Comment

                  • billyjoe
                    Senior Member
                    • Nov 2003
                    • 9014

                    #10
                    Jiesen, You're right , PFE could make us very well off depending upon how patient we can be with a stock. I don't think long term is very exciting holding a stock for a year is worse than watching paint dry. Most paints are completely dry in 24 hours or less, right? MRK is on my sh*# list this time for selling Zocor which is slowly killing me.
                    p.s. how about "jiesen's world" for a thread name
                    billyjoe

                    Comment

                    • jiesen
                      Senior Member
                      • Sep 2003
                      • 5319

                      #11
                      nah, I think I like "Jiesen tries to take over the world" better. It may be a mouthful, but then again, you don't have to say it.

                      Comment

                      • Websman
                        Senior Member
                        • Apr 2004
                        • 5545

                        #12
                        That's a pretty good mix of investment Jiensen.

                        I had a few mutual funds in my 457 account until I found that my stock picks were doing better, so I went all stocks and I'm doing better than ever. After closing out my SIRI position today, I'm up 24% for the year. I know funds are safer, but I would like to retire early. If I don't get to retire early I'll still be retired in 13 1/2 years at age 53, which is not too bad.

                        Even if I lost every dime of my account, I'd still be in good financial shape. My home is paid for and I have very little debt, so I'm willing to go out on a limb.

                        With the population getting older, I think medical stocks will continue to heat up. I can't wait until King of the Hill makes his next pick.

                        Bring on the Medical stocks!

                        Comment

                        • New-born baby
                          Senior Member
                          • Apr 2004
                          • 6095

                          #13
                          Web's World

                          Webs,

                          Why don't you get your world turning, too? We could call it, "As Web's World Turns" or some such a thing. Really, I would like to hear your next pick, your philosophy of picking, etc. Let the discussion begin!
                          pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

                          Comment

                          • Websman
                            Senior Member
                            • Apr 2004
                            • 5545

                            #14
                            Originally posted by New-born baby
                            Webs,

                            Why don't you get your world turning, too? We could call it, "As Web's World Turns" or some such a thing. Really, I would like to hear your next pick, your philosophy of picking, etc. Let the discussion begin!
                            I like that. I wonder if Mr Market would allow me to have my own thread? Am I worthy???

                            Comment

                            • jiesen
                              Senior Member
                              • Sep 2003
                              • 5319

                              #15
                              Originally posted by Websman
                              I like that. I wonder if Mr Market would allow me to have my own thread? Am I worthy???
                              I second that... go for it Webs! We'll follow you like a Vulcan soap opera.

                              Comment

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