Jet Moses Posted February 15, 2009 Share Posted February 15, 2009 Alcoa Price per share 6.80, 52 week HI 44.77 AIG .85; 52.25 BAC 3.77; 43.60 F 1.01; 8.79 Do you think AIG, Bank of America or Ford can make a short term gain, or are they toast? GE stock is trading at 10.66 right now, anybody think this company is toast or will it make out of this recession? Motorola, 3 bucks a share. Harley Davidson, 10 bucks a share. XEROX 4.88 per share Link to comment Share on other sites More sharing options...
Thai Jet Posted February 15, 2009 Share Posted February 15, 2009 Alcoa Price per share 6.80, 52 week HI 44.77 AIG .85; 52.25 BAC 3.77; 43.60 F 1.01; 8.79 Do you think AIG, Bank of America or Ford can make a short term gain, or are they toast? GE stock is trading at 10.66 right now, anybody think this company is toast or will it make out of this recession? Motorola, 3 bucks a share. Harley Davidson, 10 bucks a share. XEROX 4.88 per share I don't personally follow any of these stocks JetMo but there are screaming bargins out there. Oil stocks have already doubled since mid November for example. GE has been a strange stock for the last several years. Good fundementals but it's been undervalued for quite awhile before this recession hit. I'm still loading up on oils (VLO , TSO ) and a cement company (CX) that will rebound when housing does. Might be awhile but as they say..." No guts no glory " . Link to comment Share on other sites More sharing options...
Jet Moses Posted February 15, 2009 Author Share Posted February 15, 2009 I don't personally follow any of these stocks JetMo but there are screaming bargins out there. Oil stocks have already doubled since mid November for example. GE has been a strange stock for the last several years. Good fundementals but it's been undervalued for quite awhile before this recession hit. I'm still loading up on oils (VLO , TSO ) and a cement company (CX) that will rebound when housing does. Might be awhile but as they say..." No guts no glory " . I've got a very small pool of liquidity to work with, so the oil stocks are out of my range as of now. If I can't buy a round lot, I can't get in the game. I've been watching transportation stocks, I should have jumped on YRC after the teamsters agreed to the paycut, the stock has gone from 2.80 a share to 4 and change in a week, and this while the DOW was crashing. Link to comment Share on other sites More sharing options...
SouthernJet Posted February 15, 2009 Share Posted February 15, 2009 I've got a very small pool of liquidity to work with, so the oil stocks are out of my range as of now. If I can't buy a round lot, I can't get in the game. I've been watching transportation stocks, I should have jumped on YRC after the teamsters agreed to the paycut, the stock has gone from 2.80 a share to 4 and change in a week, and this while the DOW was crashing. Instead of whispering 'Plastics', I will whisper 'Vietnam' into your ear these days Link to comment Share on other sites More sharing options...
Bugg Posted February 15, 2009 Share Posted February 15, 2009 Funded my Roth IRA for the 2009 this week. But I parked the money in a money market instead of looking to buy anything. The market is simply too volative right now for my purposes. What zI hold in my investment account dropped almost 50% since June. I'm hanging onto those stocks, but that's it. Keep your head down for the immediate future. Link to comment Share on other sites More sharing options...
vinnys025 Posted February 15, 2009 Share Posted February 15, 2009 I personally wouldn't invest in anything right now. There are stimulus packages being pushed through like crazy, and this will only devalue the dollar even further. Obviously there aren't 800 billion dollars floating around, so it will have to be created as credits on a computer screen. The paper money known as the dollar will continue to loose its value, stay away from any investments....its only going to get worse. Link to comment Share on other sites More sharing options...
Bugeater Posted February 15, 2009 Share Posted February 15, 2009 You'd be better off shoveling your money into a blast furnace. Link to comment Share on other sites More sharing options...
RSJ Posted February 15, 2009 Share Posted February 15, 2009 Alcoa Price per share 6.80, 52 week HI 44.77 AIG .85; 52.25 BAC 3.77; 43.60 F 1.01; 8.79 Do you think AIG, Bank of America or Ford can make a short term gain, or are they toast? GE stock is trading at 10.66 right now, anybody think this company is toast or will it make out of this recession? Motorola, 3 bucks a share. Harley Davidson, 10 bucks a share. XEROX 4.88 per share I thing AIG and BOA are more long term buys as I do not see them getting out of this mess anytime soon no matter what the gov't does. I think the gov't can keep people in their homes - but I do not see the kind of int'l cash being thrown into the market to push up their business again for a while. It took 7 years to turn around the S&L problem and 25 years to turn around from the great depresion. I think it will take sometime in between here and we are only in year two. I'm not talking about a partial turn around either. I'm talking about a full turn around. I like Ford a lot at that price. I think autos will come back sooner than real estate - just like it did in past downturns. I'. inbetween on GE as I think credit cards may be the hardest hit in this whole thing. People were charging up and then paying off annually during the housing boom. Therefor I think they are all in for a long recession. I do like their leasing division since all of this road work will be going on across the country. Overall I think they are a push. Motorola - No products that really excite me. I think Cell Phones will go the way of the home phone business and not be that big of a deal. I'm obviosly not an expert - but I like following the market. I prefer to buy stocks right now with good dividends and then if I see one I like I may put a small portion in it. I'm thinking the medical service companies might be a good short in the near future. It is a booming industry - but they seem to be so close on so many cures. That would put me on a long for Pharms. I realize that Pharms had had layoffs - but that is because most of the breakthroughs are made by small groups and bought by the big Pharms than actually made by the Pharms themselves. Link to comment Share on other sites More sharing options...
Jet Moses Posted February 15, 2009 Author Share Posted February 15, 2009 You'd be better off shoveling your money into a blast furnace. Link to comment Share on other sites More sharing options...
Thai Jet Posted February 15, 2009 Share Posted February 15, 2009 I've got a very small pool of liquidity to work with, so the oil stocks are out of my range as of now. If I can't buy a round lot, I can't get in the game. I've been watching transportation stocks, I should have jumped on YRC after the teamsters agreed to the paycut, the stock has gone from 2.80 a share to 4 and change in a week, and this while the DOW was crashing. I agree if you can't get an even 100 or so shares forget it. As far as oils I meant to say small oil co. TSO was down to 8 in mid November and is now 18.53. I would not be chasing it at this point however. GE is intriging . I'll do some reasearch on it. If I remember it paid a decent dividend too unless that's been cut. Remember % yeild goes up as price declines. Link to comment Share on other sites More sharing options...
Thai Jet Posted February 15, 2009 Share Posted February 15, 2009 You'd be better off shoveling your money into a blast furnace. Any particular manufacturer ? Link to comment Share on other sites More sharing options...
PatriotReign37 Posted February 15, 2009 Share Posted February 15, 2009 Real Estate There are millionares being made right now. Link to comment Share on other sites More sharing options...
Jet Moses Posted February 15, 2009 Author Share Posted February 15, 2009 It took 7 years to turn around the S&L problem and 25 years to turn around from the great depresion. Good points. My strategy right now is to find a company who's stock is below 5 dollars that I think might be at ten dollars a year from now. I'm not thinking long at at all. Link to comment Share on other sites More sharing options...
Jet Moses Posted February 15, 2009 Author Share Posted February 15, 2009 Real Estate There are millionares being made right now. If you got 20% down on each investment, chances are you already are a millionaire. Link to comment Share on other sites More sharing options...
Thai Jet Posted February 15, 2009 Share Posted February 15, 2009 Good points. My strategy right now is to find a company who's stock is below 5 dollars that I think might be at ten dollars a year from now. . That would sure beat the banks rate JetMo. Link to comment Share on other sites More sharing options...
Jet Moses Posted February 15, 2009 Author Share Posted February 15, 2009 That would sure beat the banks rate JetMo. The trick is picking the right one, though. Link to comment Share on other sites More sharing options...
RSJ Posted February 15, 2009 Share Posted February 15, 2009 Good points. My strategy right now is to find a company who's stock is below 5 dollars that I think might be at ten dollars a year from now. I'm not thinking long at at all. I'm trying to do the same thing Jetmo. Ford is so cheap and there is no way they should be that cheap. They have the cash to weather this thing a while longer and everyone I talk to if just waiting for the right break to buy a car. I've talked to tons of people that have good credit that are just waiting to refi or for credit to open up to get one. The difference between Ford and the other two is that I think Ford is more flexible because they didn't accept any of the gov't money. PM me if you come up with some other good companies. I love talking about this stuff. Link to comment Share on other sites More sharing options...
Jet Moses Posted February 15, 2009 Author Share Posted February 15, 2009 I'm trying to do the same thing Jetmo. Ford is so cheap and there is no way they should be that cheap. They have the cash to weather this thing a while longer and everyone I talk to if just waiting for the right break to buy a car. I've talked to tons of people that have good credit that are just waiting to refi or for credit to open up to get one. The difference between Ford and the other two is that I think Ford is more flexible because they didn't accept any of the gov't money. PM me if you come up with some other good companies. I love talking about this stuff. No doubt. Hey... what happens if Ford falls below a dollar? Pink sheets? You can bet 200 shares of Nestle SA for 32 bucks: http://pinksheets.com/pink/quote/quote.jsp?symbol=NSRGY Why is Nestle South America in the tank? http://www.nestle.com/ Looks like a pretty good company to me Thes companies gotta come back, man. This is insane. Link to comment Share on other sites More sharing options...
Jet Moses Posted February 15, 2009 Author Share Posted February 15, 2009 Ku3giKxLTu8 Link to comment Share on other sites More sharing options...
SouthernJet Posted February 15, 2009 Share Posted February 15, 2009 I'm trying to do the same thing Jetmo. Ford is so cheap and there is no way they should be that cheap. They have the cash to weather this thing a while longer and everyone I talk to if just waiting for the right break to buy a car. I've talked to tons of people that have good credit that are just waiting to refi or for credit to open up to get one. The difference between Ford and the other two is that I think Ford is more flexible because they didn't accept any of the gov't money. PM me if you come up with some other good companies. I love talking about this stuff. possibly Unisys.... Link to comment Share on other sites More sharing options...
Jet Moses Posted February 16, 2009 Author Share Posted February 16, 2009 possibly Unisys.... I'm surprised they are still listed on the NYSE. Do you think they can make it another quarter? Link to comment Share on other sites More sharing options...
SouthernJet Posted February 16, 2009 Share Posted February 16, 2009 I'm surprised they are still listed on the NYSE. Do you think they can make it another quarter? oh ya,,huge contracts with defense, govt etc.. if dont make it they go merge and stock goes up there also Link to comment Share on other sites More sharing options...
Jet Moses Posted February 16, 2009 Author Share Posted February 16, 2009 oh ya,,huge contracts with defense, govt etc.. if dont make it they go merge and stock goes up there also Why did they fall to under a buck? 52 week high is still only 5 bucks. This company has been on the balls of its ass for a while now. Still, it can't hurt to buy a hundred shares I suppose. Link to comment Share on other sites More sharing options...
SouthernJet Posted February 16, 2009 Share Posted February 16, 2009 Why did they fall to under a buck? 52 week high is still only 5 bucks. This company has been on the balls of its ass for a while now. Still, it can't hurt to buy a hundred shares I suppose. thats right..nuthin really to lose,,,better odds tahn lottery Link to comment Share on other sites More sharing options...
Jet Moses Posted February 16, 2009 Author Share Posted February 16, 2009 thats right..nuthin really to lose,,,better odds tahn lottery Also, a Ford just won the Daytona 500. Link to comment Share on other sites More sharing options...
RSJ Posted February 16, 2009 Share Posted February 16, 2009 Another really good investment right now is junk bonds. The market is set up for them to be safer than ussual and just like everything else they are beaten up. They are at too tempting of levels right now and I think they are a gold mine. Link to comment Share on other sites More sharing options...
joebabyny Posted February 16, 2009 Share Posted February 16, 2009 Funded my Roth IRA for the 2009 this week. But I parked the money in a money market instead of looking to buy anything. The market is simply too volative right now for my purposes. What zI hold in my investment account dropped almost 50% since June. I'm hanging onto those stocks, but that's it. Keep your head down for the immediate future. If you are going to commit to hanging on to stocks that are off that much, you may want to think about buying some at a discount. Think about it for a second, you either feel that they will eventually get back to where they were before this crisis, or they will continue to head south. If you believe they are heading south, you might as well get out now and take the loss. If you believe they will eventually return from their 50% drop, you have to wait until they climb back that much before you are back to even, and at that point you will be buying again? And don't think money markets are so safe these days, a lot of the big ones have closed to new money to hold off shareprices dipping below a dollar. Anyway, just another way to look at all of this. Link to comment Share on other sites More sharing options...
joebabyny Posted February 16, 2009 Share Posted February 16, 2009 Real Estate There are millionares being made right now. if you have the cash and can get the credit, that is a huge problem right now for a lot of people, record numbers of mortgage application declines, and a lot are people who can afford them this time. Link to comment Share on other sites More sharing options...
joebabyny Posted February 16, 2009 Share Posted February 16, 2009 No doubt. Hey... what happens if Ford falls below a dollar? Pink sheets? buyout/hostile takeover. Someone will buy it at that point. Link to comment Share on other sites More sharing options...
The Gun Of Bavaria Posted February 16, 2009 Share Posted February 16, 2009 Link to comment Share on other sites More sharing options...
Jbro22 Posted February 16, 2009 Share Posted February 16, 2009 I only invest in athletes. Link to comment Share on other sites More sharing options...
SouthernJet Posted April 21, 2009 Share Posted April 21, 2009 I'm trying to do the same thing Jetmo. Ford is so cheap and there is no way they should be that cheap. They have the cash to weather this thing a while longer and everyone I talk to if just waiting for the right break to buy a car. I've talked to tons of people that have good credit that are just waiting to refi or for credit to open up to get one. The difference between Ford and the other two is that I think Ford is more flexible because they didn't accept any of the gov't money. PM me if you come up with some other good companies. I love talking about this stuff. possibly Unisys.... I'm surprised they are still listed on the NYSE. Do you think they can make it another quarter? oh ya,,huge contracts with defense, govt etc.. if dont make it they go merge and stock goes up there also Why did they fall to under a buck? 52 week high is still only 5 bucks. This company has been on the balls of its ass for a while now. Still, it can't hurt to buy a hundred shares I suppose. thats right..nuthin really to lose,,,better odds tahn lottery was at 60 cents in Feb... Today at $1.30 ...doublerooski baby Link to comment Share on other sites More sharing options...
#27TheDominator Posted April 21, 2009 Share Posted April 21, 2009 I personally wouldn't invest in anything right now. There are stimulus packages being pushed through like crazy, and this will only devalue the dollar even further. Obviously there aren't 800 billion dollars floating around, so it will have to be created as credits on a computer screen. The paper money known as the dollar will continue to loose its value, stay away from any investments....its only going to get worse. Can't say I understand the philosophy. Is this a movie quote? If the dollar is devalued you want to invest in something. If not, all you have is dollars. Devalued dollars. Link to comment Share on other sites More sharing options...
Thai Jet Posted April 21, 2009 Share Posted April 21, 2009 was at 60 cents in Feb... Today at $1.30 ...doublerooski baby Now the question is...... Did they buy enough shares at $0.60 (say something like 10,000 shares) to make a difference $$ ? Link to comment Share on other sites More sharing options...
Thai Jet Posted April 21, 2009 Share Posted April 21, 2009 Can't say I understand the philosophy. Is this a movie quote? If the dollar is devalued you want to invest in something. If not, all you have is dollars. Devalued dollars. That would be correct, SIR. Link to comment Share on other sites More sharing options...
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