Portfolio of the Week

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  • Thanks Spike,
    It looks like I might as well, maybe I can get 2 pennies a share from it. ouch

    Comment

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

      Forget it then

      Originally posted by drutzen
      Thanks Spike,
      It looks like I might as well, maybe I can get 2 pennies a share from it. ouch
      Doubt it.
      pivot calculator *current oil price*My stock picking method*Charting Lesson of the Week:BEAR FLAG PATTERN

      Comment

      • jiesen
        Senior Member
        • Sep 2003
        • 5322

        Originally posted by jiesen
        yes, GFCI must finally be ready to release that update on the Jet Motor deliveries. These 50 units are supposed to generate $2M/month in mostly profit!
        With 25-30M shares outstanding that means nearly $1/year EPS is possible... Not necessarily likely, but possible.

        From this PR:

        At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.


        "The Rotorjet fleet is projected to continue to increase by ten units per month for the remainder of fiscal 2005, with anticipated revenues from this product line to be $3.2 million annualized. Grifco expects to release an update shortly on the leasing and shipping schedule of our Jet Motor units."

        They said "shortly" almost 2 weeks ago, and rumor over at Raging Bull has it they just finished shipping, so the update ought to be imminent. To me, two weeks is one week too late, but still- better late than never. $2M/month is HUGE! (The $3.2M/yr mentioned above is another tool, in addition to JM)
        What did I tell you?

        At Yahoo Finance, you get free stock quotes, up-to-date news, portfolio management resources, international market data, social interaction and mortgage rates that help you manage your financial life.


        Another 50 units in the works now... GFCI will be huge!

        Grifco International Announces Another Production Run of Jet Motors
        Wednesday August 10, 9:00 am ET


        HOUSTON--(BUSINESS WIRE)--Aug. 10, 2005--Grifco International (OTC: GFCI - News) has announced that it plans to produce another 50 Jet Motor units by mid-September. The first production run of 50 Jet Motors has been shipped to clients all over the world and should be in operation, depending on the logistics of their destinations, by the end of this month. Three are currently in operation, generating $15,000 per day in revenues ($5,000 each). "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 enhance 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 50 Jet Motor units will generate approximately $2 million per month in rental fees with 75% utilization."

        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, calcium 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 requirements were that 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 usable 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 is 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.

        Comment


        • name stck open close $ ea stck totals $
          jiesen gfci.pk 0.4 0.49 $6,125.00 $12,794.69
          jiesen bidu 137.75 91.75 $6,669.69

          dru tol 50.5 49.72 $3,282.50
          dru vlo 89.3 90.77 $3,387.87 $11,116.39
          dru bidu 137.75 91.75 $4,446.02

          dmk rail 30.44 32.16 $5,282.52 $10,555.08
          dmk ford 27.15 25.67 $5,272.56

          spike vlccf 43.05 43.09 $5,004.65 $10,253.26
          spike tasr 9.05 8.6 $5,248.62

          dio znt 65.21 64.7 $4,960.90 $10,039.45
          dio crdn 31.19 30.7 $5,078.55

          lye parl 31.07 29.35 $2,361.60 $9,836.03
          lye pact 8.12 7.86 $2,419.95
          lye kerx 16 15.89 $2,517.19
          lye ands 13.41 13.21 $2,537.29

          ski vtiv 23.29 23.5 $3,364.06
          ski stgn 10.2 8.95 $2,924.54 $9,673.09
          ski tol 50.5 49.72 $3,384.48

          iic pcln 24.49 22.94 $3,122.99
          iic mrkl.ob 0.17 0.153 $2,999.70 $9,323.21
          iic uns 31.7 32.96 $3,200.52

          rl bidu 137.75 91.75 $1,332.12 $9,315.17
          rl tklc 18.93 18.97 $2,004.23
          rl mrvl 43.3 43.31 $2,000.46
          rl cyh 37.6 37.38 $1,988.30
          rl sta 44.27 44.49 $1,990.06

          Comment


          • name stck open close $ ea stck totals $
            jiesen gfci.pk 0.4 0.48 $6,000.00 $12,446.46
            jiesen bidu 137.75 97.9 $6,446.46

            dru tol 50.5 50.04 $3,303.63
            dru vlo 89.3 92.71 $3,460.27 $11,061.12
            dru bidu 137.75 97.9 $4,297.21

            dmk rail 30.44 31.91 $5,241.46 $10,374.06
            dmk ford 27.15 26.43 $5,132.60

            spike vlccf 43.05 43.3 $5,029.04 $10,366.05
            spike tasr 9.05 8.44 $5,337.02

            lye parl 31.07 31.229 $2,512.79 $9,981.88
            lye pact 8.12 8.04 $2,475.37
            lye kerx 16 16.255 $2,460.16
            lye ands 13.41 13.23 $2,533.56

            dio znt 65.21 64.7 $4,960.90 $9,898.38
            dio crdn 31.19 31.58 $4,937.48

            ski vtiv 23.29 23.53 $3,368.36
            ski stgn 10.2 9.44 $3,084.66 $9,816.38
            ski tol 50.5 50.04 $3,363.36

            rl bidu 137.75 97.9 $1,421.42 $9,445.45
            rl tklc 18.93 19.13 $2,021.13
            rl mrvl 43.3 44.08 $2,036.03
            rl cyh 37.6 37.3 $1,984.04
            rl sta 44.27 44.65 $1,982.83

            iic pcln 24.49 22.97 $3,127.07
            iic mrkl.ob 0.17 0.143 $2,803.64 $9,100.74
            iic uns 31.7 33.25 $3,170.03

            Comment

            • IIC
              Senior Member
              • Nov 2003
              • 14938

              Last time I ever pick an .ob or .pk
              "Trade What Is Happening...Not What You Think Is Gonna Happen"

              Find Tomorrow's Winners At SharpTraders.com

              Follow Me On Twitter

              Comment

              • jiesen
                Senior Member
                • Sep 2003
                • 5322

                Originally posted by IIC
                Last time I ever pick an .ob or .pk
                Won't be my last time!

                Comment

                • jiesen
                  Senior Member
                  • Sep 2003
                  • 5322

                  I win!

                  Comment


                  • Jiesen comes home with the win, nice job, gfci.pk didn't let you down this week

                    name stck open close $ ea stck totals $
                    jiesen gfci.pk 0.4 0.505 $6,312.50 $12,864.22
                    jiesen bidu 137.75 95 $6,551.72

                    dru tol 50.5 50.01 $3,301.65
                    dru vlo 89.3 93.8 $3,500.96 $11,169.99
                    dru bidu 137.75 95 $4,367.38

                    dmk rail 30.44 32.1 $5,272.67 $10,462.35
                    dmk ford 27.15 26.12 $5,189.69

                    lye parl 31.07 31.75 $2,554.72 $10,116.40
                    lye pact 8.12 8.28 $2,549.26
                    lye kerx 16 16.35 $2,445.31
                    lye ands 13.41 13.05 $2,567.11

                    dio znt 65.21 64.4 $4,937.89 $9,945.91
                    dio crdn 31.19 31.14 $5,008.02

                    spike vlccf 43.05 42.66 $4,954.70 $9,788.96
                    spike tasr 9.05 9.35 $4,834.25

                    ski vtiv 23.29 23.2 $3,321.12
                    ski stgn 10.2 9.27 $3,029.11 $9,715.57
                    ski tol 50.5 50.01 $3,365.34

                    rl bidu 137.75 95 $1,379.31 $9,420.17
                    rl tklc 18.93 19.1 $2,017.96
                    rl mrvl 43.3 44.66 $2,062.82
                    rl cyh 37.6 36.96 $1,965.96
                    rl sta 44.27 44.4 $1,994.13

                    iic pcln 24.49 22.6 $3,076.70
                    iic mrkl.ob 0.17 0.139 $2,725.22 $8,998.23
                    iic uns 31.7 33 $3,196.32

                    Comment

                    • dmk112
                      Senior Member
                      • Nov 2004
                      • 1759

                      Wow it looks like it has been the same results all week LOL

                      My picks for next week:

                      Short: KBH, GOOG
                      Long: VPHM
                      http://twitter.com/DMK112

                      Comment

                      • Lyehopper
                        Senior Member
                        • Jan 2004
                        • 3678

                        Congrats Jiesen! .... Since that short pick couldn't be palyed with real dollars, can't cheer too much about "that" .... But GFCI was one hot (penny) call. GOOD JOB!

                        I'm sticking with PARL and PACT (long) next week, gotta prove Spike's bearish TA on PACT wrong.lol .... I'll post my short pick(s) Sunday night.
                        BEEF!... it's whats for dinner!

                        Comment

                        • IIC
                          Senior Member
                          • Nov 2003
                          • 14938

                          Congrats to J, Dru, dmk and Lye.

                          I believe this is the first time I came in last...But as a consolation I had my best daytrading week since March with 12 up 3 dn...So I don't feel so bad about losing....IIC
                          "Trade What Is Happening...Not What You Think Is Gonna Happen"

                          Find Tomorrow's Winners At SharpTraders.com

                          Follow Me On Twitter

                          Comment

                          • skiracer
                            Senior Member
                            • Dec 2004
                            • 6314

                            Jiesen,
                            Nice play on both sides. Congrats on the winning week. Best part is really owning it.
                            THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR

                            Comment

                            • Lyehopper
                              Senior Member
                              • Jan 2004
                              • 3678

                              Hey Jiesen!

                              About that "bad" non-tradable short pick .... If my -$1,000 "non-tradable stock penality" had been imposed on you (for future reference we'll just call it the "Lye rule") .... You'd have still won handily!

                              This week Jiesen .... You are indeed HUGE!!!
                              BEEF!... it's whats for dinner!

                              Comment


                              • Long: CPTV

                                Short: JMDT

                                Comment

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