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Doral Financial Corporation Message Board

tradelogic2001 702 posts  |  Last Activity: 14 hours ago Member since: Oct 13, 2001
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  • tradelogic2001 tradelogic2001 14 hours ago Flag

    The AH sell may have been a signal to associates for the action tomorrow. I don't want to sell but rather like to buy more shares as it goes down. But will be reluctant to add heavily because of the news from south NZ. Otherwise, aside from manipulation I see no reason for GRO to remain stagnant.

  • tradelogic2001 tradelogic2001 17 hours ago Flag

    Computers predate the personal table top models of 1980s which made life easy. Generally the old computers required lots of space like the whole floor of a building. Scientists used them in their problem solving, applications and calculations, but they had to first learn how to use them which required the knowledge of one or more computer languages and how to use a punch card machine as all instructions were punched on cards which were then fed to the computer for processing. These punch card machines were desks with a gadget like a typewriter on them which punched the instructions on the cards. A simple problem could require punching hundreds of cards. The people in finance and economics which studied the stock market or were involved in financial and economic analysis had to have a thorough knowledge of all the relevant mathematical, statistical, and econometric models in order to fully utilize them in their fundamental financial analyses as did the chartists who looked for patterns. But many, though having excellent business sense, were ignorant about these technologies and methods and had these tasks performed for them by others who were the specialists in the field. Many of these methods and models are now embedded in programs that generate almost any type of financial data you seek and much of it available for free on numerous websites on the internet. However, as I have indicated, trading highly manipulated stocks requires more than the knowledge of standard fundamental financial data. In these cases you must have the knowledge of the trading behavior in order to select and successfully trade such stocks. The concept of trading behavior is partially based on behavioral finance which is a relatively new field and on understanding non-rational behavior that yields unpredictable patterns. Did any of you predict that ZX will go well below $2.00?

  • tradelogic2001 tradelogic2001 17 hours ago Flag

    The younger generation who are not familiar with typewriters, statistical calculators and slide rules don't know what an easy life they have and that they don't have to know how or even do any calculations to arrive at valuable data which is used in financial analysis. Today simple computer programs generate this data. So here are a few lessons in history. Typewriters were originally invented for the blind and were based on the working of harpsichord which itself as well as piano were ultimately based on the Persian dulcimer. Today your typewriter is on your iPhone. But most people don't know where the letters and numbers they use to text came from. Neither of them was invented in America of W. Europe. Statistical calculators were heavy machines, about half the size of a standard desk, which did the job of calculating which previously was the name of a person or profession, the calculator as was the computer which was the name of a person or profession which did the computing. The calculators and computers were highly paid individuals which were often involved in astronomical studies, workable calendar, and architectural and engineering calculations. The first precursor to "digital" calculator was made available to consumers in early 1970s and sold for over $600 (I paid $320 for my first Texas Instrument calculator) and the first personal table top computers circa 1979 and sold for around 4600 (I paid 3600 for my first table top IBM computer). To use them you had to know a computer language such as Cobol, Basic, etc. and the first commercial internet service providers did not appear until late 1980s which was still very difficult to use by the average businessman or consumer and exceedingly slow. Simplified internet services did not appear until after mid 1990s and the multimedia much later. The Slide Rule was an indispensable tool for anyone in engineering or associated fields. The skills to use these technologies were initially thought in universities

  • The value of a stock can be roughly determined by using standard fundamental criteria and that is what investment and financial analysts generally use when talking about market value. These criteria are outlined in most introductory finance and financial accounting texts and you can use mathematical models using this data to arrive at an approximate price estimate. In the old days (before the digital age) I did these calculations by hand & with a large and heavy statistical calculator, but nowadays the job is simplified with the use of computers. Theoretically, if the original estimate is accurate, other things constant, the price vacillates around this market price until one of the variable changes in a significant way. But traditional valuation methods, though necessary, are not sufficient when considering the highly manipulated stocks. In these cases, the book value, cash per share value, price/sales and peg ratios, etc. are useful instruments but do not generally reflect the market price due to manipulation. However, they are good indicators as to where the price should be if the stock was not manipulated. Accordingly, the price of a stock may fall far below its book value and even go down to a fraction of its cash value. If you have the patience and the guts to buy a stock when the price is diving and fear predominates, you can buy it very cheap, say well below its cash value. Here you are ensured a nice profit margin at the time of the purchase which can be realized later if you have patience and have selected the right stock. That is because no stock can be manipulated for ever. No other products in the marketplace other than antiques and antiquities are comparable to this situation. All goods generally have a market price and the fluctuations away from the market price, other things constant, are within a limited range of the equilibrium price. But highly manipulated stocks do not have a set market price and are traded far below it. Buy & enjoy.

  • Reply to

    Got 1200 Shares

    by tradelogic2001 Sep 17, 2014 3:55 PM
    tradelogic2001 tradelogic2001 19 hours ago Flag

    Stephan, how is your twin cjboro doing?

  • Reply to

    twisted my arm

    by montecker 22 hours ago
    tradelogic2001 tradelogic2001 19 hours ago Flag

    I also bought on Friday and today. So far I have added 8800 shares under $2.00.

  • Reply to

    Got 1200 Shares

    by tradelogic2001 Sep 17, 2014 3:55 PM
    tradelogic2001 tradelogic2001 19 hours ago Flag

    4000 more shares at $1.74 and $1.64. Never thought I could buy this cheap.

  • Reply to

    What Would We Do Without Shorts?

    by tradelogic2001 Sep 18, 2014 8:42 AM
    tradelogic2001 tradelogic2001 23 hours ago Flag

    The short volume was 81% on Friday, but I think the shorts pretty much have covered and we are now at the mercy of the market makers et. al. I expect news this week.

  • Reply to

    what to do now?

    by ginkgopepper Sep 18, 2014 1:35 AM
    tradelogic2001 tradelogic2001 Sep 22, 2014 8:55 AM Flag

    bob, there are several sites you can get the daily short data. Try "shortanalytics"

  • tradelogic2001 tradelogic2001 Sep 18, 2014 3:09 PM Flag

    You are confusing your scooter with a Cadillac joey. Stay tuned for my report from the field.

  • Reply to

    What Would We Do Without Shorts?

    by tradelogic2001 Sep 18, 2014 8:42 AM
    tradelogic2001 tradelogic2001 Sep 18, 2014 2:45 PM Flag

    I am always ready for action bu. Perhaps we get news AH on Friday.

  • tradelogic2001 tradelogic2001 Sep 18, 2014 9:29 AM Flag

    We can't rely on this as our only source of information. We need independent as well as local news.

  • Reply to

    what to do now?

    by ginkgopepper Sep 18, 2014 1:35 AM
    tradelogic2001 tradelogic2001 Sep 18, 2014 8:53 AM Flag

    I think it could go much lower if a mutual fund is selling. But yesterday's short volume was 52% which adds to the confusion. I will continue to add shares with the drops.

  • tradelogic2001 by tradelogic2001 Sep 18, 2014 8:42 AM Flag

    Short volume was 75% yesterday. Since the CEO has practically killed the demand by introducing so many uncertainties the shorts covering is the main reason for the price recovery. Need news to see a real lift.

  • tradelogic2001 by tradelogic2001 Sep 17, 2014 11:57 PM Flag

    Getting very close to breaking $2.00 folks. I have a bid at $1.94.

  • Reply to

    jetionsolarproblem

    by tradelogic2001 Sep 17, 2014 9:02 AM
    tradelogic2001 tradelogic2001 Sep 17, 2014 11:51 PM Flag

    Thanks. I have visited that site before and follow PGW price in NZ. This news was released by PGW in NZ a day before the release by GRO and explains the drop in price for past several trading days. The press release makes it rather insignificant but the extend of it can better be determined by having local news. Even on a larger scale it should not have a significant impact on GRO unless it drives the farmers away from PGW products. I was planning to do heavy accumulation with the price drop but I am now reluctant to move forward until the dust settles.

  • tradelogic2001 tradelogic2001 Sep 17, 2014 11:40 PM Flag

    This is the settlement of a lawsuit that goes back several years and the check are sent to shareholders who owned shares at that time.

  • tradelogic2001 tradelogic2001 Sep 17, 2014 3:57 PM Flag

    I am not selling bob. We are lucky if there is a fund selling and we get to buy it at dirt cheap prices. It doesn't happen that often.

  • tradelogic2001 by tradelogic2001 Sep 17, 2014 3:55 PM Flag

    at $1.81 partial fill. May get the rest if it goes down.

  • tradelogic2001 tradelogic2001 Sep 17, 2014 3:19 PM Flag

    If bob is correct and a mutual fund is selling at the end of the year then there is only one mutual fund with end of fiscal year in October and they hold around 2.5 million shares which is below 5% of total. That is actually very good if it is the case.

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