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I'm in the POS for another healthy loss. I'm the one who jinxed it and caused GS to come out and announce their secondary, thus halting the run on financials. Get in at your own risk. I knew it was a mistake to buy it but I wanted to unleash my power on the market.BassNBrew, you riding this turd down with me?
David, was the BDI way down today??? Seems like an awful big sell off on some of the shippers, especiallyEXM and DRYS.
Oh yeah...still sitting on 200 shares of FAZ too. Not sure if it's shares I bought at $24 or $21 or $14 or $10. Looking for a break one way or another to exit this mess. :trainwreck:
Problem is that the market bucked this for months. The industry knows we'll pay for $50+ oil and will manipulate the market accordingly.
BDI is up, but the sector really is overpriced right now I think:Baltic Supramax 1,165 (+0.60%)
Thanks!! I see that EXM was downgraded too. I still hold 1000 shares of EXM @ 7.70. I still like this stock to get to the 9-10 range within a month or so...may add some more if it continues downward today.
He got out this morning before the drop. Any way to get text messages for his upgrades/downgrades???
yes I got out at 3.03 pre-inventory report. Based on the inventory report, I think the new range is 2.90 - 3.05 right now
I got in FAS at the bell yesterday at 7.845 for 1/3 of my stack. I think there is some probability that it grinds down to $6 or so in the next week. But I still believe the longer term (month or two) trend will be higher. I just didn't want to be empty-handed if FAS decides to take off again. If it goes down I will purchase at around 6.90 and 6.00. I am confident I will come out ahead eventually.
I agree with your sentiment. I think I am going to be patient and hopefully nab a low 6 price though.
Out 4,000 DXO @ $2.99 - loss $29.50Have a limit on DSX in. Don't have much time to watch this today, have to actually get some work done this afternoon.
Probably a good idea to cash out. Odds of this going above my purchase of 9.60 in the coming days are slim to none.
And out at 8.92 for a 24 hour 13.6% gain. FAS had a great end of day acceleration, and I cashed in well. It also seems like the end of day action is usually an overreaction. Because of that, and because I hate when I don't have any shares of FAS, I will be looking at adding in the morning. Target around 8.30ish
Can you please post all your trades so I can do the exact opposite? TIA
DD...where do you think FEED should be priced and what's your long term outlook. I never sold my shares as I think your earlier analysis was strong and looked at this as more of a long term hold. I noticed you think dry shipping is now overvalued but I don't get that sentiment here.
The real question is if you believe their overall strategy (and I do). Basically it has three fronts: 1. Create Hog Feed 2. Buy and Manage Hog Farms and now 3. Team with genetics company to produce bigger hogs.They are swimming in HUGE CASH after executing steps 1 and 2 really well. This is allowing them to continually buy other hog farms in China who are struggling. And others as a prep to sell to AgFeed have switched to their feed product so they can get closer to the guys with money. The genetics piece is the real wild card, but I like it. China is the one place where it looks like the economy wants to rebound. And with more people there to feed daily, I think AgFeed has a great opportunity for huge dollars going forward. The other piece I love about this company is the low institutional holdings (13%) for a company with such great technicals. I sold because the profit was too enticing, but honestly I won't be surprised to see this go above $6 by the end of the year. I think it's a momentum stock that is going to rise all year (as long as the earnings stay there)
Absolutely but remember to send me my commission check. FAS in at 9.6 and holding for either 15 or zero.If OPEX does it's usual max pain, then FAS should be heading towards 6 and FAS towards 12.5 on Friday near close. That will rip me a new one.
Short View?Long View?Exit Point?
I don't remember seeing them sold anywhere, but you're right that Satyam is in big trouble with accounting fraud. I know that India is investigating them thoroughly.
They're forgoeing a reverse stock split that they were considering.http://finance.yahoo.com/news/Borders-Grou...f-14946637.htmlBGP.
Fair warning, I work for them. And no, I'm not an insider nor do I have inside info.
I bought at 0.40 a few months ago and sold at 0.72 the day before our year end release a few weeks ago. I was expecting the price to go back down, at which point I would repurchase.
Instead, it shot up to over $1 and has since climbed up to 1.65+
I have no idea why it's been inching up lately.
At it's current price, it's a great long-term purchase.
I have no idea where it's headed short-term though. I keep thinking it will go down, but it keeps moving closer to $2.
Been managing our cash flow pretty well. Once sales turn around, this will take off.
Most importantly, they're getting rid of the board members. This was long overdue. Stocks been on the rise before this announcement.They're forgoeing a reverse stock split that they were considering.http://finance.yahoo.com/news/Borders-Grou...f-14946637.htmlBGP.
Fair warning, I work for them. And no, I'm not an insider nor do I have inside info.
I bought at 0.40 a few months ago and sold at 0.72 the day before our year end release a few weeks ago. I was expecting the price to go back down, at which point I would repurchase.
Instead, it shot up to over $1 and has since climbed up to 1.65+
I have no idea why it's been inching up lately.
At it's current price, it's a great long-term purchase.
I have no idea where it's headed short-term though. I keep thinking it will go down, but it keeps moving closer to $2.
Been managing our cash flow pretty well. Once sales turn around, this will take off.
There earnings are coming out soon too as well. I like this stock, but dumped it when the whole sector was going south yesterday.
