Jiesen tries to take over the world

[jiesen]

Ai

great news on the AI buy, billyjoe! Glad to hear someone appreciates me... I tried to tell Mrs. Jiesen yesterday that the TM I had her buy in her IRA a few years back had doubled from where it was just a year and half ago. She wouldn't hear it, and all I get is a 'you don't love me' because I want to go drink a beer and watch 'Game of Thrones' with my buddies tonight. (maybe this is TMI... lol)

[jiesen]

Found a good one (in my opinion) with a low P/E and high book value: AERL
Runs VIP rooms in several Macau casinos, raking in $1.5B in chip turnover per month.

Makes a $70M profit per year, and only has a $180M market cap at $4.4/shr, according to yahoo, and pays a 5% dividend, too. Maybe high risk, but that's what a stock's all about, right?

Any thoughts?

It's pretty darn cheap, that's for sure.

And it's gotten cheaper... so I picked some up today at about $4/shr. Earnings are due out this Thursday, so feels like a big gamble right now... c'mon lucky 7!

[jiesen]

woah

Up about 15% in a day, not bad! (that's >5000% annualized by my Yahoo! calculator)

http://finance.yahoo.com/q/bc?s=AERL+Basic+Chart&t=5d

I'm hoping AERL has something good to report on Thursday!

[billyjoe]

Jiesen, After 2 1/2 yrs. it's time to take over the world again. There are 8,000 Americans turning 65 each day. This trend will continue for 17 more years. Catheters paid off. Let's figure out what's next.

-------------------billy

[jiesen]

Indeed. These graying boomers and gen-x'rs will need more than just catheters to keep on keepin on. What else will be in demand when our population is mostly over 65? How about hearing aids or skin cancer detectors and lasers?

http://finance.yahoo.com/news/intricon-acquires-pc-werth-ltd-210500283.html;_ylt=AwrXnCc3M1NW8jwAb4OTmYlQ;_ylu=X3oDMTEyN3Y0ZmN0BGNvbG8DZ3ExBHBvcwM4BHZ0aWQDVklEMDNfMQRzZWMDc2M-

http://finance.yahoo.com/news/mela-sciences-reports-supplemental-financial-192121441.html

[billyjoe]

I can't find a good old-timer stock to buy, but look at that FB run ! Ha, Ha!

---------------billy

[jiesen]

Probably just as well, as the market seems rather frothy to me right now... everything seems to be at all time highs, and it wouldn't surprise me if it all tanked in the next year or 3. FB, too! But the fact that this stock is now trading at a market cap of around $400 Billion on under $4B of earnings says volumes about how far things are ready to fall, once the house of cards starts to crumble.

When we're back to Dow 10k again, or thereabouts, and everyone thinks stocks are the very worst things you can buy... that's when we should be looking again for some old-timer stocks to pick up, I think.

[jiesen]

Where other have struggled...
I am happy to report that Jiesen continues to try to take over the world.
(tho I do pour out my 40 ozer now for the threads of yore)

[jiesen]

I'm home sick and bored today, and SNAP happens to have taken a huge dump, so I picked up some SNAP shares here at $10. I've been eyeing this one for awhile, and think it just might be a good time to jump in for a quick 10-20% on this one.

If you use Snapchat, you know... this company has a very sticky platform, and will be around for awhile.

[billyjoe]

Jiesen, I'm quite a ways past 65 now. You know I like UTHR and I've been threatening to buy Jack Dorsey's Block (SQ) for years. This might be the time.

-------------billy

[jiesen]

Jiesen, I'm quite a ways past 65 now. You know I like UTHR and I've been threatening to buy Jack Dorsey's Block (SQ) for years. This might be the time.

-------------billy

Yeah, there are lots of tech stocks on sale right now... and Block is solid, too. Next week will be a good time to do more bargain hunting, so I'm going to take a look around and see what else is out there.

[jiesen]

I'm home sick and bored today, and SNAP happens to have taken a huge dump, so I picked up some SNAP shares here at $10. I've been eyeing this one for awhile, and think it just might be a good time to jump in for a quick 10-20% on this one.

If you use Snapchat, you know... this company has a very sticky platform, and will be around for awhile.

Soooo...

I chickened out today, and sold SNAP for 10.2 (still made out with about a 2% profit tho). I am going to put that money into an I-Bond instead, and pocket at least 4.8% interest over the next 6 months on it. That's a safe bet, and SNAP, although tempting, isn't so safe. I still figure it's due for an $11 price sometime soon, but seeing it drop to 9.5 first, with my cash in it made me question my choices there... SNAP is cool, but do I really want my money riding on this new-fangled tech? Why, when I can make a safe return of 9.62% annualized backed by Uncle Sam? Well, now you know why I am a chicken in this market.

[jiesen]

11! See? Now why did I have to chicken out like that....

[jiesen]

and now SNAP is $12... gee whiz.