Your SWS summary was excellent; however, the
value of NITE per share (based on $72) is approx $23
per share or $245 mil. Thus assuming SWS at $72, the
remainder of the co. is valued at $49 with a p/e of 22.
Still does not change the conclusion!
Enjoying the SWS ride from the 20�, and some days
ago I bought into ARTM. Check it out quick, strong
upward momentum, real earnings, just being to be
discovered (like my recommendation ITG some days ago,
already up 30 %!). ARTM is trading at 1 1/8, can move
into double digits soon.
I have the same problem like Al. I use AOL most
of the time. I can't post at clubsws. I can read all
the posts. I usually post at Ragingbull board.
Ragingbull has even better arrangement than clubsws. It
sometimes act funny. Most of the time it is a good place to
discuss stocks without the irrataing messages.
Sorry, I have a day time job which I'm enjoying.
Anyway, don't pay too much to daily price action. That'll
cause you gut/sleep/hair.
If we are not assure a
big fish (or several institutes) is after SWS on last
Thursday and Friday, today's price and market action
should prove all that.
you guys could have imaged
what a SWS's price jump if we had a positive
suggesting SWS. It's a double so far for me.
Nothing off the table yet. The more DD I do, the more I
like this company. It's so diversified - in one fell
swoop I filled out the financial services part of my
portfolio. What's interesting is that with SWS and SFE both,
the Internet came to me, as much as I was studiously
avoiding net stocks. But I think it is very telling- the
internet comes to all companies these days or they are
history. The beauty of SWS and SFE is they still represent
real value and real earnings.. I've been tempted to
buy or sell calls with both SWS and SFE, but I'm new
to that game and just starting to understand their
potential for actually containing risk rather than
increasing it. The SI SFE thread has reently had some great
posts about using calls.
Re: "house money" -
well, I guess I'm still too old-fashioned. My parents
were real Depression era folks and I suppose it rubbed
off on me. Money's not really yours unless you "earn"
it with hard work sort of philosophy.
other picks. My latest is NOK. Superb franchise in
another timely explosively growing sector - global
wireless com. They will ride the coming wireless internet
boom. People accessing theirSWS mydiscountbroker
accounts with their cell phones wherever, whenever, on Mt
Rainier, etc.This company is like KO in its prime, only
sexy cell phones instead of sexy Coke bottles. Plus
state of the art wireless systems, great vision, and
some of the best management I've ever researched.
Check it out. It's been flat last three months -
basing, consolidating - not cheap, but still excellent
value - something Buffet might like if he could see
beyond insurance, newspapers, pop,and candy.
And you have to
take advantage of it. Over 3,000 stocks are analyzed,
but only 2 or 3 are chosen
daily that meet
standards to show a potential of 25% or more. Strict
criteria and a disciplined
trading method can minimize
losses and maximize gains. The track record speaks for
A FREE TRIAL, VISIT
I spammed JWG here when it was at 7. They had
300,000 shares (pre-split) and sold all but 60,000 of
them in the low thirties. Ouch. You wealthy SWS
cowpokes might want to throw a little pocket change at
JMCGC. Micro-cap financial services co trading at 1 1/8.
(book value just over 1) They have a million bucks
invested in privately held optimark, whoose new trading
system will be adopted by NASDAQ later in the year.
Optimark will get a couple cents or so for every share
traded. (lot's of links on the message board to articles
on the co.) When Optimark goes public it will be a
hottttttttt ipo. Might be a good way to play it and not a lot
of downside as JMCGC also has around 75 cents per
share in cash.