Hot Pick Of The Day

[Websman]

BTFG BancTrust Financial Group. This is a company, based in Alabama that operates banks in Alabama and North Florida. I'll be buying some soon.

[noshadyldy]

BTFG BancTrust Financial Group. This is a company, based in Alabama that operates banks in Alabama and North Florida. I'll be buying some soon.

Hey Webs, Nice insider buying on that at the end of january. Thanks. I like this thread!

[Websman]

Hey Webs, Nice insider buying on that at the end of january. Thanks. I like this thread!

Yep...and they bought for a good reason. Watch for some good news sometime this year.

[RL]

Topt Looking Good

Take a look at topt chart looks good hit It with my dart while practicing.spike If you read this what do you think?

[Hany]

Pick of the DAY = FRD

Hello Everyone,

I've been watching Mr. Market and I thought that this guy was a phoney in 2003 but I've learned to admire this MAN so I decided to join this forum, instead of being a spectator.

Stock of the DAY for me is FRD. Last Friday, Friedman Industries Incorporated Announced the Restatement of Its Financial Statements for the Quarter Ended Sept. 30, 2004. I expect this little guy to fly on Monday as the market decides its appropriate price. The new EPS is 4 cents higher. Its P/E is cheap relative to its industry and its business is solid with accelerating earnings relative to previous years.

What do y'all think?

Hany

[billyjoe]

Hany,
Welcome. You're right , MR.Market is the real thing. In an field dominated by scoundrels, a bright light!
I agree that FRD should advance Monday. I'll bet 99% of all earnings restatements are bad news, but not in this case. However, earnings for the qtr. ending Dec. 31st are also due any day and if they are disappointing, watch out. It's a gamble many wouldn't take. Good luck if you decide to purchase or already hold FRD.
billyjoe

[spikefader]

Take a look at topt chart looks good hit It with my dart while practicing.spike If you read this what do you think?

neutral on this one.

[noshadyldy]

RL's TOPT

Hey RL, you might like the chart on HOFT. It's another climber that's dipped and ready (hopefully) to resume the ascent. I'll be watching it.

[RL]

noshadyldy

Thanks much I'll put It up and see If Ican hit It wirh the old dart

[New-born baby]

FRO's upcoming divy

FRO investors,

According to an analyst friend on mine:

He insists FRO's projected $2.50 divy of 2/20/2005 is too low. He expects the divy to be much higher. I will post the amount as soon as FRO makes the announcement.

[Hany]

Why FRD is the stock of the day

Thanks BillyJoe for your kind welcome.

FRD reported $0.33 per share for FY 2003. Do you know how much it reported in the first two quarters of the FY 2004? It reported $0.46 (soon to become $0.50 because of earnings restatement). It is expected to have an EPS of $0.94 for FY 2004. That is explosive growth!

Check it out FRD

It may not be a very long-term play but I think that FRD is going to be good for this year at least. VectorVest has the following to say about it: FRD has a current Value of $23.30 per share. Therefore, it is undervalued compared to its Price of $12.29 per share. The P/E is cheap and the business/industry is hot.

Maybe I'm just wrong, but what do you think Mr. Market?

Hany

[Hany]

15% in one day

FRD spiked to $14 today! IT is the stock of the DAY, can you beat that?

[Runner]

I missed it. Thought I'd wait on FRD until after earnings. Oh well can't win then all!! Great pick up off the high 11's

[billyjoe]

GM , not the stock of the day. (Reuters) Jan. 14th GM today buys it's way out of deal with Fiat . Total cost to get in and back out,4.4 billion. Quite a payday for Fiat. What was GM thinking? And these execs. are getting 7 figure salaries or higher.
billyjoe

[New-born baby]

Stupidity is not cheap

GM , not the stock of the day. (Reuters) Jan. 14th GM today buys it's way out of deal with Fiat . Total cost to get in and back out,4.4 billion. Quite a payday for Fiat. What was GM thinking? And these execs. are getting 7 figure salaries or higher.
billyjoe

Incredibly bad/good news for GM. The good news is they are done with FIAT (an acronim for Fix It Again Tony). Rick Wagoner, the CEO of GM, made the deal originally in about 1998, and he ought to be fired. The bad news is it cost $4.4B. Rick Wagoner has 5 million+ shares of GM (each paying a $2 divy). And he gets a $1.5M salary besides, so it is an 8 figure salary.

UUUUGGGGHHHH!!