David Dodds
Administrator
Already a 1/2 million shares vie PRGN volume. The Nasdaq down is really holding back this from going crazy today. Unfortnately the NASDAQ might retreat a bit as the indicators coming out aren't good news.
Fantasy Football - Footballguys Forums
This is a sample guest message. Register a free account today to become a member! Once signed in, you'll be able to participate on this site by adding your own topics and posts, as well as connect with other members through your own private inbox!
My Stock Value Strategy Starts Now (1 Viewer)
- Thread starter David Dodds
- Start date
David Dodds
Administrator
I don't plan on setting a stop loss yet. When/If it gets to 5.0, I will likely set a loss at 4.63 which would be the $25K gain. I might just roll with this through earnings. I have a feeling that their report is going to blow people away and it's the reason this thing has been lightning in a bottle all week.
None_More_Black
Footballguy
No divi until July. Look at the ex-dividend date. Last one was end of March. Paid early April.
Last edited by a moderator:
None_More_Black
Footballguy
DSX reported yesterday and beat avg consensus top and bottom but their revenue and earnings were down quite a bit from last year. DSX is up today but not as much as the rest of the sector. PRGN got killed after they missed their earning by a penny in March but I think that had more to do with the dividend cut, I actually bought it at 2.8X. Rebounded pretty well though. EGLE reports after hours today. May want to look at what happens to that stock tomorrow.
Last edited by a moderator:
David Dodds
Administrator
I got 5,000 OCNF at 1.78. I actually hate this company, but it has massive volume and I think it could be an easy flip.
I will keep adding if it drops to get a good average price. I intend to sell before Monday's earnings.
I will keep adding if it drops to get a good average price. I intend to sell before Monday's earnings.
Apu
Footballguy
analog_hiss
Footballguy
Be careful, OCNF has a dilution plan as well to the tune of $150 M through 2011...which might explain the high volume as of late.Here's a bit of backstory from February.
OceanFreight's Firesale
ETA - the "be careful" was for those that might jump right in w/o some due diligence.
Last edited by a moderator:
King of the Jungle
Footballguy
Any symbols that are more appealing than others?
Mark Davis
Footballguy
Checking in from my phone as FBG is still blocked here at my office. Assume everyone is tearing it up right now. I'm getting a little cautious here as I just feel a pullback coming soon. It's been a good/easy couple months in the market though.
James Daulton
Footballguy
What do people think of NMM (Navios Maritime)? Their price is much closer to the 52wk highs than the other shippers, but they pay a nice dividend. Is DRYS a better overall play?
David Dodds
Administrator
Lost in all the fun is the oil report. Pretty tame actually. But Oil is heading higher because tensions in the Middle East are increasing and OPEC is also suppose to meet soon.
EIA Report
Summary of Weekly Petroleum Data for the Week Ending May 1, 2009
U.S. crude oil refinery inputs averaged about 14.8 million barrels per day
during the week ending May 1, up 420 thousand barrels per day from the previous
week's average. Refineries operated at 85.3 percent of their operable capacity
last week. Gasoline production increased last week, averaging 8.9 million barrels
per day. Distillate fuel production was slightly higher last week, averaging 4.2
million barrels per day.
U.S. crude oil imports averaged 9.9 million barrels per day last week, up 96
thousand barrels per day from the previous week. Over the last four weeks, crude
oil imports have averaged 9.7 million barrels per day, 156 thousand barrels per
day below the same four-week period last year. Total motor gasoline imports
(including both finished gasoline and gasoline blending components) last week
averaged 823 thousand barrels per day. Distillate fuel imports averaged 165
thousand barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) increased by 0.6 million barrels from the previous week. At
375.3 million barrels, U.S. crude oil inventories are above the upper boundary
of the average range for this time of year. Total motor gasoline inventories
decreased by 0.2 million barrels last week and are in the upper half of the
average range. Finished gasoline inventories rose last week but gasoline
blending components inventories decreased during this same time. Distillate fuel
inventories increased by 2.4 million barrels and are above the upper boundary of
the average range for this time of year. Propane/propylene inventories increased
by 2.4 million barrels last week and are above the upper limit of the average
range. Total commercial petroleum inventories increased by 7.9 million barrels
last week and are above the upper limit of the average range for this time of
year.
Total products supplied over the last four-week period has averaged 18.2 million
barrels per day, down by 7.9 percent compared to the similar period last year.
Over the last four weeks, motor gasoline demand has averaged 9.0 million barrels
per day, down by 0.9 percent from the same period last year. Distillate fuel
demand has averaged 3.5 million barrels per day over the last four weeks, down
by 14.1 percent from the same period last year. Jet fuel demand is 11.6 percent
lower over the last four weeks compared to the same four-week period last year.
EIA Report
Summary of Weekly Petroleum Data for the Week Ending May 1, 2009
U.S. crude oil refinery inputs averaged about 14.8 million barrels per day
during the week ending May 1, up 420 thousand barrels per day from the previous
week's average. Refineries operated at 85.3 percent of their operable capacity
last week. Gasoline production increased last week, averaging 8.9 million barrels
per day. Distillate fuel production was slightly higher last week, averaging 4.2
million barrels per day.
U.S. crude oil imports averaged 9.9 million barrels per day last week, up 96
thousand barrels per day from the previous week. Over the last four weeks, crude
oil imports have averaged 9.7 million barrels per day, 156 thousand barrels per
day below the same four-week period last year. Total motor gasoline imports
(including both finished gasoline and gasoline blending components) last week
averaged 823 thousand barrels per day. Distillate fuel imports averaged 165
thousand barrels per day last week.
U.S. commercial crude oil inventories (excluding those in the Strategic
Petroleum Reserve) increased by 0.6 million barrels from the previous week. At
375.3 million barrels, U.S. crude oil inventories are above the upper boundary
of the average range for this time of year. Total motor gasoline inventories
decreased by 0.2 million barrels last week and are in the upper half of the
average range. Finished gasoline inventories rose last week but gasoline
blending components inventories decreased during this same time. Distillate fuel
inventories increased by 2.4 million barrels and are above the upper boundary of
the average range for this time of year. Propane/propylene inventories increased
by 2.4 million barrels last week and are above the upper limit of the average
range. Total commercial petroleum inventories increased by 7.9 million barrels
last week and are above the upper limit of the average range for this time of
year.
Total products supplied over the last four-week period has averaged 18.2 million
barrels per day, down by 7.9 percent compared to the similar period last year.
Over the last four weeks, motor gasoline demand has averaged 9.0 million barrels
per day, down by 0.9 percent from the same period last year. Distillate fuel
demand has averaged 3.5 million barrels per day over the last four weeks, down
by 14.1 percent from the same period last year. Jet fuel demand is 11.6 percent
lower over the last four weeks compared to the same four-week period last year.
Apu
Footballguy
Not sure if AHT has been mentioned in this thread before. But I've been watching AHT take off for the past month. Read several positive articles about hotel REIT's. Haven't done any other research. Would like to hear other peoples take.Any symbols that are more appealing than others?
ODoyleRules
Footballguy
While paltry compared to the run-up on PRGN (thanks for this GB!), my positions on OIL and VLO have appreciated nicely the past 2 weeks.
Otis
Footballguy
What I hate most about my life right now is I only have 10k sitting in this. I wish I had the 100k liquid that Dodds has got, because this is tremendous.
This is a great time to have loot burning a hole in your pocket, that's for sure. I kick myself thinking of the tens of thousands I blew in the awful market over the past two years when I should have been all cash...
This is a great time to have loot burning a hole in your pocket, that's for sure. I kick myself thinking of the tens of thousands I blew in the awful market over the past two years when I should have been all cash...
King of the Jungle
Footballguy
Can't expect to time everything right. Market is only fun when it is green. If the market pulls back most of will pick up our ball, drop our head down, and go back home. Dodds has made some great plays and I enjoyed experiencing a little bit of success due to them. This thread is awesome.What I hate most about my life right now is I only have 10k sitting in this. I wish I had the 100k liquid that Dodds has got, because this is tremendous. This is a great time to have loot burning a hole in your pocket, that's for sure. I kick myself thinking of the tens of thousands I blew in the awful market over the past two years when I should have been all cash...
Otis
Footballguy
Good summary here.
Otis
Footballguy
The only thing that doesn't look good about PRGN technically is the RSI - Link
MACD is great and we're crossing zero now and we've broken through the resistance and it looks like we've come out of a bear trap and are firing on all cylinders, but with all this activity it's now getting a little overbought. Will be interesting to see if this can be sustained. We saw similar growth with DRYS in recent weeks, so I wouldn't say it's unlikely...
MACD is great and we're crossing zero now and we've broken through the resistance and it looks like we've come out of a bear trap and are firing on all cylinders, but with all this activity it's now getting a little overbought. Will be interesting to see if this can be sustained. We saw similar growth with DRYS in recent weeks, so I wouldn't say it's unlikely...
Otis
Footballguy
Sicker.4.90+0.62 (14.49%)
ODoyleRules
Footballguy
I switched my stop order to 4.63 to lock in a +1.00 gain.
David Dodds
Administrator
Congrats, You pulled the trigger to buy it. All I am doing is saying what I see and buying accordingly.It's getting harder not locking in some of these wins here. But I think I am still riding higher here. I think we will see 5.00 today actually.Out at 4.94. +1,464GL guys! And thx Dodds!
Otis
Footballguy
If we hit 5, I really think 6 is right around the corner unless something negative comes out of earnings.Congrats, You pulled the trigger to buy it. All I am doing is saying what I see and buying accordingly.It's getting harder not locking in some of these wins here. But I think I am still riding higher here. I think we will see 5.00 today actually.Out at 4.94. +1,464GL guys! And thx Dodds!
David Dodds
Administrator
and PRGNs volume is 1.31M 3 hours into the trading day...Absolute NUTS
David Dodds
Administrator
what's truly insane here is that I am making $250 per penny this thing moves. At 4.88 right now this thing moved $0.60 TODAY or $15K for me....LOL
None_More_Black
Footballguy
BAC is up 11% after needing 30+ billion. Incredible. This is why I would not mess with FAZ
FavreCo
Footballguy
It ripped me a new one. Now the stress tests are all being slowly leaked out. Eventually this will end badly. I hope I am not in anything when it does.
David Dodds
Administrator
The stock market has always liked the banks getting the bailouts. They likely seeing this as the company gets to borrow some money to better leverage things while they improve their books.
Cavalier
Footballguy
If we hit 5, I really think 6 is right around the corner unless something negative comes out of earnings.Congrats, You pulled the trigger to buy it. All I am doing is saying what I see and buying accordingly.It's getting harder not locking in some of these wins here. But I think I am still riding higher here. I think we will see 5.00 today actually.Out at 4.94. +1,464GL guys! And thx Dodds!
If PRGN can break 5 we are off to the races again.
David Dodds
Administrator
Considering naming the house I buy soon, Paragon Estates...LOL
David Dodds
Administrator
If it goes much higher. I might need to add a moat.SWEEEEEEEEEEEEETDavid Dodds said:
Otis
Footballguy
I wonder if you've already done the calculation in your head for when this thing gets back to 20...If it goes much higher. I might need to add a moat.SWEEEEEEEEEEEEETDavid Dodds said:
Mystery Achiever
Footballguy
Some sites show estimated dates w/o telling you they are estimates. I believe IBD does that, too. I like this site for earnings, which shows a range of 5/11-5/21.
http://moneycentral.msn.com/investor/market/earncalendar/
As far as timing, many companies have a longer gap beween Q3 and Q4/year-end earnings, so the time between Q4 and Q1end up shorter.
And I'm already headed into the hole....Embarrassed to admit this, but I just FAZed for 200 shares. Shutting down the computer and coming back at 3:30 to sell.
Cavalier
Footballguy
:gluttonforpunishment:And I'm already headed into the hole....Embarrassed to admit this, but I just FAZed for 200 shares. Shutting down the computer and coming back at 3:30 to sell.
Mr. Pickles
Footballguy
[Howard Dean]YEEEEAAAAAAHHHHHHHHH!!Embarrassed to admit this, but I just FAZed for 200 shares. Shutting down the computer and coming back at 3:30 to sell.
[/Howard Dean]
Cromedog
Footballguy
I'd like some feedback on this one too...thinking of getting back in, but I would like to wait until we see a little dip. What do those fancy charts say??? I thought someone posted recently it looked bearish...
NajehHejan
Footballguy
Just found out about an REIT income fund called NRO. It’s trading just above $2/share, used to trade in the $10-$20 range before the October 2008 crash. The historic dividends ranged from $0.10-$0.15 PER MONTH. Current dividends over the past 3 months have been $.038 per month, which still equates to about a 20%+ return at the $2/share prices. Unless you think all commercial real estate is going to crumble to &$#%, I don't see how you can't make good money on this thing. I think I'm going to buy 1,000 and see what happens. Even if the dividend stays under 4 cents a month, it's still solid dividends. NRO hasn't missed a monthly dividend ever that I can see. Nice potential share accumulation too. Anyone have thoughts on this thing?
Last edited by a moderator:
Random
Footballguy
Commercial RE is a ticking time bomb.
