oops...forgot to mention I also hold LOJN, COOL, and SSY. I lightened up a bit on LOJN at 4.6 and am about breakeven right now on COOL and up a little on SSY. LOJN is a pretty good size position for me, COOL and SSY are small.
I'd love to hear which stocks you current hold long or short.
I don't short stocks, seems too much risk for a best-case 100% gain. Way easier buying something like HTCH at 3 and selling it at 12 - 15 in a year or two. Or SPDC at 38 cents and selling at 3.80ish a couple years later....which I did...hehehe....all smiles. Now if I had only been smart enough not to sell my CNQR and DWCH shares way way to soon. Win some big, win some small, lose some too.
Hi mei, Thanks for asking. My harvest is plentiful. I sold the last of my BFDI earlier this week at .179 and took a small net loss on my position. But not to worry, I had many shares of UVE from 6 - 9 months ago, the last of which I sold at 12.46 this week. ACI has also been kind to me the last couple weeks, hold a core position at 3.96 and bought/sold a bunch of other shares 3X in the last few weeks for good gains. Unloaded all my BAC in the upper 15s a week or so ago and AA in the 9.6 range. Made 30% on LTRX in two months, sold it all between 1.85 and 2.02. Also sold all my MMM and PEP that I held and accumulated since 1995 in their DRP programs. Also made a spectacular day trade on SPDC a few days ago, still hold a core position. Sorry to ramble.
These are some of my current positions: HTCH, MCZ, ACI, MEA, VTSI, COCO, INVE, ANR, HPT, TANN, PNNT, QCCO, NTWK, MRK, PFE, SPDC, NUE, and a few others. My weightings are all over the map. Biggest positions are HTCH, MCZ, MEA, MRK. Even with HTCH I was pretty lucky having sold all but 5k shares before the drop from the 6s. Current position is in the low 3s. IT WILL BE A $15 STOCK WITHIN TWO TOO TO YEARS. Buy some and enjoy.
Yep, life's good.
Finally, an analyst capable of math! Refreshing. They certainly hit the main points. I keep thinking the most telling tell that HTCH is heading much higher is that insiders didn't sell when they had ample opportunity above 6 last Summer. The only reason the stock has dipped is because the Seagate ramps were pushed out by several months.
HTCH days at $3 are numbered, take advantage. Cheers.
Hi cindy, Shorting is legal and a great strategy at times. This is one of those times. You can short BFDI through just about any of the major brokerages...such as Fidelity. But you will need to call them in order to do it. You can't just do it with a click of the mouse but they will let you do it if you call and speak to a rep. They just want to make sure you know what you are doing. Very easy to do.
Good luck and short as much as you can. tyerep's suggestion on a 2nd mortgage is a good one. Also, you can get additional credit cards and max them out. You will likely make 100% within a month or two. Good luck.
Your shares need to aspire to greater accomplishments....like mine. COCO common told me they will be above $8 by December 1, 2014. Upticks in enrollment, cash, and EPS are coming. Relax, buy your shares some more friends soon. Cheers.
I live in the middle of Wisconsin....current temp is 3F and windchill of about -15F. No big deal for us, but it will be funny when it hits the east coast.....Wall Street will be buying coal stocks like crazy....as if they are surprised it gets cold.
No sure of exactly what sort of stocks/companies interest you, but I sort of think VTSI is getting close to heading significantly higher. Not the most liquid of stocks and it is a very very small company so you can't make a fortune, but I'm in it for a 5X move over the next year or two. I own about 1% of the company....which sounds more impressive than it is. Fun though. Others heading higher.....MEA, HTCH, and the coal stocks.
o hush, just place an order to buy at the market and be done with it.....who cares if you pay 50 cents or 60 cents when you will be selling at $2.50+
xwallstcfo, Well done! All a person has to do is look at the previous chart history.....it will repeat. Once one understands the company is survivor with some decent vision (but poor follow-trough) then the green light to buy at these prices is bright. But then when you throw in the insider buying, the added push due to console cycle, the wildcard of MOJO starting in about 6 - 9 months, and you have a situation where the stock is almost sure to rise over the next year. Also luv the presence of the semi-pro bashers....so lame they are funny. Too many boards are dull. Cheers.
CAMP...I had never heard of it until your post. Sort of a neat company, stellar revenue growth, nice balance sheet, income statement a little goofy, overall very impressive. However, it is sort of an apples to oranges comparison verses Lojack. That said, maybe Lojack could learn something and maybe dip their toes into a new market or two.
Lastly, CAMP is way way overvalued at this point....it should not be trading at 4 or 5X revenue and even higher multiple of book value, that is simply crazy and if I were the type to short a stock, I would be very comfortable shorting CAMP at this level. Given the choice between buying LOJN and CAMP tomorrow, I would buy LOJN.
Doesn't anyone here listen to the conf calls? dncfree and stock_trader, your questions were answered in excruciating detail in the last cc.
nip, normally I agree with you, especially when you make the sort of argument you just made regarding SPDC. But this is a different sort of market, it is valuing growth (whether revenue OR earnings) very highly. The reason is that growth is very difficult to come by these days. Of all the stocks I follow, it is rare and maybe, just maybe, it is therefore justified to value it so highly. It too makes me uncomfortable but I'm going to go with the flow for now. I find it so much easier to buy stuff like ACI right now but that doesn't always turn out that well either. Cheers.
You really are a piece of work. This is the most desparate post I have ever read from you. Usually there is a sliver of truth in what you post, not this time. Sad way to make a living but whatever. See you at 55 cents by noon Friday.
No doubt about it. Pretty easy to see VTSI pop to 10 or 15 cents on significant news. I would also guess we could wake up some morning when we least expect it and see a PR saying that Company XYZ is buying VirTra in an all-cash deal for $35million......20+cents per share. Or maybe a PR saying VirTra has agreed to license their return-fire patent for $1million per year to LM, we expect to use proceeds to buy back and retire VTSI shares. Or ...or.....or. Lots of possibilities for a profit generating, cash generating, top line growing company with zero debt and a sort of cool product. It WILL happen, just not a clue WHEN. Sigh.
financial moves ACI is making SHOULD put fear deep into the hearts (or lack thereof) of anyone shorting ACI at this level. It will save ACI money, it will give them even more financial flexibility, and it could move them close to a cash generating MACHINE in .....in.......yes, CY2014. Nice.