*Buying a large amt of stock - advice as to where?

Craig 930 RS · 04-09-2005, 01:54 PM

Looking to purchase a lg qty of stock - what is the best company to go with?

Dantilla · 04-09-2005, 03:26 PM

Whoever has the lowest fees. Scottrade?

Hugh R · 04-09-2005, 07:31 PM

If you don't know what stock to buy, or from whom, get professional advise. Diversify in mutual funds (no load, or low fee) versus buying a lot of one company. I'm not much of a stock trader, so I diversify in a number of professionally managed funds.

M.D. Holloway · 04-09-2005, 08:13 PM

Insider Info...for real!
Oil co.s (ExMo, Calumet, Valero) and Food Processing Co.s (Pilgrims Pride, Smithfield Foods, Goldkist). May also want to look at American Airlines - they will dip soon and come back with a vengence.

Don't make me tease you in about a year and say "I told you so!!!".

M.D. Holloway · 04-09-2005, 08:35 PM

Craig,
Where you looking for a broker? or a tip?

AFJuvat · 04-10-2005, 06:35 AM

If you have the $$, I would highly recommend Porsche stock.

Never lost money, always pay dividends. You can download the annual report here

http://www3.us.porsche.com/english/usa/company/annualreport/download/texts/default.htm

Downside: it trades on the DAX, and shares are currently at 522 €

AFJuvat

Craig 930 RS · 04-10-2005, 02:14 PM

Looking for a broker - but I'd like to hear opinions as well on other stocks.
I was thinking of..............GM stock. Do not care for their products. Stock has just been hammered.

Craig 930 RS · 04-10-2005, 02:17 PM

What is American's symbol?

CamB · CamB's Garage

The chances of lube having genuine insider info are remote, or if true, illegal. Don't pick stocks on a whim or a hunch. IMHO, that's very, very risky.

Or, if you're going to do so, make sure you realise it is very, very risky.

M.D. Holloway · 04-10-2005, 08:13 PM

Quote:

Originally posted by Craig911
What is American's symbol?

AMR

as far as the insider stuff, prehaps it is an overstatement so I will withdraw that phrase.

I spend most of my time understanding the manufacturing and reliability profiles of various companies. When a company is buying up other ones or investing millions in measures to improve profitability when they are already kicking butt, I would say that they are looking at being the major, long term player. That is what I see happening with the FP co's mentioned. As far as the major oil companies - I compete with them all the time, and I spend a good portion of my time in their refineries doing the same sort of work that is done in the food processing sector - I also invest in them because I can calculate their operating margins and I know what their capacities are. They ain't goin away anytime soon.

But lets face it, the market is a casino without the free cocktails, just a bunch of cocks. I'm sure their are reputable brockers just like their are honest real estate agents - unless it is family, I'd rather deal with Vito, Tony and Joey-bag-o-donuts with my book.

And on a typical side note - Anyone who thinks that we are in a bad way with fuel is sadley mistaken - these prices are only a reflection of greed and profit taking, nothing else. Upside, I was told many states get a taxed percentage at the pump, the higher the price, the more the state makes for programs - just wish those programs were better managed, but thats another thread!