perhaps some of you want to join me.
of course Toby may have other trades to consider
you can throw a dart at most sectors in the mkt and they have recovered- some better than others of course.
but Just now ( last 4 months ) are shippers seeing rate increases and higher revenues.
DRYS as an example decided against a secondary citing these two points.
Perhaps I will be right and if so ,we will be richly reward playing shippers.
thoughts? please share if so...
the only thing that should concern anyone is stock with highly leveraged balance sheets and maturing corporate bonds.
Interest rates rising will cause some hits when time redeem bonds.
If you hold a lagre cap hi valuation company with pile of debt and no refinance agreements in place then perhaps something to worry about.
But zero debt tech and other stocks are so of the most oversold right now it is not funny.
so maybe i am a minority but so far betting against a broad mkt rally has been not well played.
timing is everything in the mkt
Mr Mkt may have gifted an entry sub 12 that will not be repeated.
Shorts are brutal
I am not short but may pick up some if it gets there...
so when it pushes out of 3's and it will- then I highly doubt it will go back to 3's
right now at 3.50 it is a steal
if the economy overseas in improving then who is going to be transporting all the coal and iron pellets to those countries
this is a stock message board- ignorant people only want to discuss one stock .
There is no rule that says you cant talk about other stocks.
p.s. most of my calls are working btw
I sold NUAN and FTNT for now for same reason.
however i think some beat down sectors are ripe for rebound
DRYS is ripe for trade up off 3.50
good pik ANT
hope you held
so want this one in your watch list and hence the reminder.
CPSS totes notes for automobile loans.
( They are lenders to people wanting to buy cars )
They are growing and profitable and moving up lately as result. They earned 19 cents share last quarter
a good stock to own if the buyers are pouring in like i think is happening
accumulation taking place.
so buy mid 7's and if get no traction then sell in a few days but my thoughts are it moves higher.
When I look at the one year chart- i do not like the arch i see.
It looks like it is dropping over the other side of a hill.
other than that i like it