Jiesen, I need your help
Jiesen,
I like that GFCI.PK--would pick up some shares except Interactive Brokers says I cannot buy that stock via their firm. Have I got the correct symbol? Who is your brokerage firm?
Jiesen tries to take over the world
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Finally, the news I've been waiting for came out for GFCI. I doubled up at 0.41 to about a 1% position. I have a near-term target of 0.69 for this, and long-term I'm thinking I can get .8-1.00. I expect earnings for this company to be 0.30-0.35/year going forward.Originally posted by jiesenTook the opportunity in today's market weakness to buy back half of my CMTL position (which I'd already sold for 15%) at a good discount here (32.2). I'll buy the other half back if it continues this slide to around 30. Also got my GFCI back for 0.41. Nothing has changed really since it was 0.80, and they've updated their production timeline to say that they're on schedule.... so as long as they earn 0.23-0.25 this year, like they're supposed to, then 0.41 has got to be a good value for this stock. I may pick up some more of this, also, if it drops to 0.35 or so, but for now I'm still keeping the position very small (<1%).
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Grifco Completes Production of 50 Jet Motors; Plans to Ship Within 5 Days
Friday July 15, 12:38 pm ET
HOUSTON, TX--(MARKET WIRE)--Jul 15, 2005 -- Grifco International, Inc. (Other OTC:GFCI.PK - News), a provider of oil and gas services equipment to the worldwide oil and gas industry, has completed production on its initial slate of fifty Jet Motor units and expects to begin shipping from its Texas facility within five days.
"Several of the major oil and gas companies, as well as large independents, have lined up to utilize this 'one of a kind' tool, knowing that a single Jet Motor will typically increase oil and gas production 15-25% per well, while saving money on workover costs," stated Jim Dial, President and CEO of Grifco International. "We anticipate that the rental units will be used continuously and repetitively by clients, shifting from well to well, for the life of the tool. The fifty Jet Motor units will generate approximately $2 million per month in rental fees with 75% utilization.
"As part of our quality assurance procedures, each tool will be tested on Monday and Tuesday at our test facility and we will begin shipping to our customers on Wednesday, July 20th," added Dial.
Coil Tubing Technology, Inc., a wholly owned subsidiary of Grifco International, Inc., produces the "Jet Motor," a proprietary product for the oilfield drilling and production workover industry. The oilwell workover industry has long desired a downhole drilling motor that can operate on coiled tubing workover units with fluid or nitrogen wells up to 600 degrees Fahrenheit to effectively clean paraffins, sodium carbonates and barium in tubular production strings.
The design concept behind the Jet Motor was to provide the industry with a rotationally driven tool, independent of the workstring, without elastomers, and able to produce sufficient horsepower. The tool needed to operate on fluid or nitrogen and the tool needed to supply sufficient jet velocity and impact force to the nozzle. The Jet Motor solves this riddle by creating horsepower by injection of the fluid or gas used through an offset orifice while converting the horsepower to torque with a control tube that maximizes the torque to the drive system and provides useable drilling torque to the bit. There is no other product available in the industry that can hydraulically clean, mechanically drill with torque, utilized in fluid or gas, and able to operate in 550 degree F hole conditions. The Jet Motor represents the leading edge of oilfield drilling technology that will revolutionize the way drilling and workover operations are conducted while greatly reducing the cost of workover to the well operator.
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EZEN by the numbers
I'd give EZEN a thumbs up, fundamentally, from what I could see so far. What I like about it is that they've come back from losses a few years back to increasing profits lately, by paring down costs (oh yeah, and "look Ma, no long-term debt!"). The stock has picked up, too, as a result, and the momentum may help carry them on for the next few quarters at least. One thing I'd worry about is how much of a moat they could have, being in the business of teleconferencing hardware. Best to watch for shrinking profit margins with this one. But while the market is there, and they continue to make good profits doing it, I'd be happy owning stock in this company.Originally posted by New-born babyThank you, Webs, for trying to help us. Here's a chart of it, and you'll see it
has pluses and minuses. This thing may not yet have found the bottom. My gut says she needs to form an inverted s/h/s.

Note that she filled the gap of 25 April 2005.
I am not sure this thing is fully ripe, although it is probably not too far away from being ready. I think it needs another couple of weeks.
Thanks again, Webs.
I also like that they can pull in $3M in revenues each quarter with just 35 employees (per Yahoo! maybe there are a few more since those figures tend to be quickly outdated). That, and the fact that they're looking to hire more tells me there's plenty of growth ahead for this company:
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Ezen
Thank you, Webs, for trying to help us. Here's a chart of it, and you'll see itOriginally posted by WebsmanI would recommend EZEN for a good low price stock with potential. It's one of Poorman's latest picks.
has pluses and minuses. This thing may not yet have found the bottom. My gut says she needs to form an inverted s/h/s.

Note that she filled the gap of 25 April 2005.
I am not sure this thing is fully ripe, although it is probably not too far away from being ready. I think it needs another couple of weeks.
Thanks again, Webs.Last edited by New-born baby; 07-04-2005, 08:36 PM.
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I would recommend EZEN for a good low price stock with potential. It's one of Poorman's latest picks.
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I agree with that assessment of BEL. Whether he ever finds his legs again is a big question, but if he does, BEL will be HUGE!
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Well if you want to know what I think, from this information, my advice would be to tell your friend to scrape up another $50 and put it all into a share of BRKB. The number of shares is unimportant, it's the value and quality of the company that makes a difference. He isn't going to make it to $10k by daytrading his way up to it. The best way to get the $10k is by earning it and saving it. If $3k is all he has saved so far, I'd really suggest he stay away from most risky plays, and pick a well-diversified mutual fund or an index fund. BRKB is a good alternative, because it is a stock that comprises many diverse businesses, and will likely thrive though any market condition. Also, by watching what Buffett does with the money your friend entrusts to him, your friend can learn a lot about where to put his future investments.Originally posted by New-born babyJiesen,
I needed to pick your mind because my friend has a paltry account of $2,730.00. That's right; not even $3k for trading. I am trying to steer him into a couple of winners to get him over the $3k mark, then $5k, and hopefully one day, into the $10+k world. And I knew that the Junkyard Dog would know where to start. I figured that if you don't have at least 100 shares, you are almost wasting your time because a $1 move on a $90 stock nets only $28!
Now that you have the facts, which one of these beauties would you think offers the best play? And we don't have to have a 20%+ mover (although that would be very nice). We just have to have one that moves upwards of at least 50 cents.
I am going to sift through your post and come up with a chart (hopefully) of what I think will best fit the bill. Perhaps it'll be a winner for both of you.
Thank you, Jiesen!
Also, if the money is not in a Roth IRA, and he hasn't already maxed out his (and his wife's) 2005 contribution, I would recommend putting the money into one of those before making the investment. That's the best way to keep the money out the the government's hands when he cashes it in 20 years down the road after it's value has appreciated several times.
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Low dollar for a small account
Jiesen,
I needed to pick your mind because my friend has a paltry account of $2,730.00. That's right; not even $3k for trading. I am trying to steer him into a couple of winners to get him over the $3k mark, then $5k, and hopefully one day, into the $10+k world. And I knew that the Junkyard Dog would know where to start. I figured that if you don't have at least 100 shares, you are almost wasting your time because a $1 move on a $90 stock nets only $28!
Now that you have the facts, which one of these beauties would you think offers the best play? And we don't have to have a 20%+ mover (although that would be very nice). We just have to have one that moves upwards of at least 50 cents.
I am going to sift through your post and come up with a chart (hopefully) of what I think will best fit the bill. Perhaps it'll be a winner for both of you.
Thank you, Jiesen!
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Ok, in short here are some ideas for low-dollar values:Originally posted by New-born babyMr. Jiesen,
I need your assistance. I want to help out a friend. We need a good call on a low dollar stock that would be good for small gain this week. You are the expert. Please lay something down on the table for us. And Thank You.
My #1 holding and best rec (long term, though): LJPC
Quickest to profit, but riskiest: GFCI
Very stable, and great long-term value: DRUG
Controls $3B in revs with an $80M market cap: DRRA
Each should give great returns long-term, but whether next week will give a pop is anyone's guess. I'd say GFCI is the most likely to jump 20-30% in a week, but also the most likely to drop 20%. I hold all of these except DRRA (would have liked to get in at 3.50, but missed out on it)
I'm also holding BEL, AFT, and ACRG, all low-dollar stocks I believe are excellent values here.
So go ahead and take your pick. I don't know what's so special about a stock with a low dollar value though, since having a low price in absolute dollars per share isn't going to increase a stock's chances of going up next week. The charts will probably tell you more useful information about that than I ever could.
If you want my other, equally valid, opinions on stocks trading at prices above $10, I would highly recommend: MRK, TM, BRKB, WSB (not trading above $10 but it should be), all $$MM stocks, and of course one of my very favorites at $20-$21 AMLN (you cannot go wrong with this one right now!). I own all of these also, with the exception of BRKB, which I will buy again, as soon as one of my riskier plays hits pay dirt.
Again, I wouldn't promise that any of these will go up next week, but over the long term, I am sure that they will all (cumulatively, anyway) perform very well relative to the market (or else I wouldn't be putting my money in them).
If any of these recs interest you to the point of possibly buying one, let me know and I'll give you a long-term target for it. Short-term, you'll have to ask your friendly chart.
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Jiesen, I need your help
Mr. Jiesen,
I need your assistance. I want to help out a friend. We need a good call on a low dollar stock that would be good for small gain this week. You are the expert. Please lay something down on the table for us. And Thank You.
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