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Jim Cramer is constantly pushing Sears as 'the next Berkshire Hathaway'
My Jim Cramer tips haven't worked out well to date, though. |
Sell it all and start a Christmas Tree farm.
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Sears is in Wendall Sears - aka Bang Whoopa G - wizkid from the streets, scored a perfect 1600 on the SATs and was a HS drop out at the tender age of 16. He was commissioned as a "cool kid" by Nike and FUBU for his street insight and understanding of whats hot. He was supposed to be in "Tipping Point" but demanded too much from Gladwell that the New Yorker front man punked out and didn't include him.
He got picked up by a few Wall Streeters (most likely looking to score some snort!) and gave some serious intel that made a few of them buck wealthy - he now sits like the Oracle of Delphi, puffing a hooka in his upper west side 7000sq ft apt, outfitted in lavish lux. Last seen, he gained 50lbs and sings the praises of, you guessed it - Christmas Tree Farms! I kid you not... |
GM is sure to cut its dividend soon. Rumors are floating that it will cut Buick and Pontiac as well. If you want a fat dividend, you may be more secure looking into GM preferred stock.
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Oh man, Jim Cramer is a personal hero of mine. I've been tracking his picks from when he was on Kudlow and Cramer (my favorite TV show) on my yahoo page for at least the last year and you are correct, they haven't exactly skyrocketed. They haven't moved at all really. And considering I'm not trying to stand still, I might have to look elsewhere.
I bought 100 shs. of Polaris (PII) at $83.48 USD in Nov (?) last year. It split back in feb (?). So now I have 200 shares at Friday's close $59. and change. That's not so great but the reason I mention it is just three weeks earlier it was in the mid-70's. In the mid-70's, that was a nice pick. Could swing back up there so I think that might be a good opportunity for some people... For more on Cramer, read Confessions of a Street addict - Awesome book. Regards, |
They say "Buy what you know", right? So last Fall I bought three shares of PSEPF - yes, you know it as the ticker symbol for our own beloved Porsche AG. I figured with the new 997 and Cayman producing so much positive excitement, the future looked bright - plus I was hoping to get the currency bounce as the dollar fell vs the euro. I bought at $635 and it is currently at $673. Not bad IMHO.
http://forums.pelicanparts.com/uploa...1114306212.gif Of course, I was really hoping I could snag a few paper shares for framing on the workshop wall. But Ameritrade said NO. Boo Hoo. At least I hope to get an annual report maybe with some pretty pictures. Oh yeah, did I mention that I think you should all go out and buy yourselves a new set of big red Porsche brakes...or maybe some Porsche tequipment accessories or new Porsche signature seats? Go ahead. You've all worked hard and you deserve to treat yourselves. Heck, I think you'd all look just perfect in a new 997 cab... :D |
Bet it all on red...no! Wait a minute... BLACK! did I really say red? Oh, gosh... I'm sorry.
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Anyone considering the hospitality market? Hilton for example?
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11800 - 8350 = 2830 profit in six months on a 8350 investment...welll that comes to a 33.5% return....A 33% RETURN....THAT NOT SO GREAT? WHO YOU TRYIN TO FOOL? |
Oil exploration...a former employee got me into his BIL's new co. Prospectus is for it to go public in 5 years. I got in the 1st placement @ $5.00/share in Dec. 04. Next placement is $10.87 w/ a $250k min.
Should go off in the next couple of months. Bank is telling him to take the co. public sooner rather than later. I'm down w/ that.:D |
tabs (dude, you're a riot and I enjoy your posts),
I guess I didn't choose my words as carefully as I should've (not to mention spelling...typing actually) but I was trying to say that, the fact that PII is back in the high 50's - low 60's is not so great. But you are correct, the return has been inspiring, so far. Ideally, I think it would be neat to do what Mark Cuban did with his yahoo shares. Buy puts (?) - the option the sell at later date for today's price. In his case, for example, he has x number of million shares with the option to sell them at $183. As most us are aware, yahoo is nowhere near that price. So he's sittin' pretty on that one. The oil exploration is a great idea but I thought that by now, most of the reserves have been discovered - no? So, if that's the case, I think that the growth would be in some sort of technological advance wherby with this new discovery its now cheaper to dig, or able to dig deeper. I'm just rambling on this one but the oil industry fascinates me, especially after reading The Prize by Daniel Yergin and the Tournament of Shadows by Karl Meyer. If you can provide some more info on that one, I'd like to hear it. (Bob Eucker of Club Racing - that's hilarious). |
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During the stock bubble almost everyone I know was day trading. One friend said "I don't want to get greedy. 10% per month would be fine." Needless to say he is out of the market today.
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Sure it might be as EASY to pick ONE winning stock by throwing a dart at a board....but try and pick 16 to 20 winners at a time for a portfolio and then continually find NEW ones as the old picks play themselves out.... Then you have to start watching for the games that is played with this stuff...like the institutional invests and how they stealthily buy and sell...and by the time you get a pick on TV...you bet all the players have long had their positions and are now touting the stuff so they can start to sell...and your great broker says buy this stock it is the next best thing to soap....Well...you ask..."Why should I buy." and the answer..."Well our analysts have just upgraded the stock." .."Oh you mean your managment is touting the stock for you to sell...and those shares are allready owned by your company." Pink Sheet stocks...well at least you know there is or was a co by that name...Oh and a really good Mutal Fund is XXXXXXX...Oh and who is TODAYS fund manager and what stocks are in the Portfolio TODAY...and before I forget what is the load? No No not front end or back end...what is the operating expense managment charges to run the fund..and Bond Funds...do you guarntee a rate of return going forward..."Ahhh No." Do you guarntee principle..."Ahhh No." ....
Ohhh and I love Oil Exploration Stocks...the Company and Brokers get the green and the INVESTER GETS THE SHAFT...more fking money has been lost in oil exploration stocks than diamond mine stocks....I loved that 250K minimum....Someone sees you coming...and when you want to cash in your profits...try and find a buyer for your shares...you might as well have bought an interest in Joes TAco Shop on the corner...at least hopefully at Joes their is cash flow...Ohhh I forgot Joe is planning on going public....hmmm...see my comments on Pink Sheets....and I wonder how many shares are going to be in the float... |
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