Posted by super_stocker on September 4th, 2008
Will the hurting ever stop? Silver stocks are falling, oil stocks are dropping, and all of the energy stocks are going down. Its funny to see the financials actually moving up in this turmoil. I do believe the commodities are due for an up-turn. If you take a look at the silver, the prices have dropped below $13 an ounce. This year it hit an high over $20 an ounce. I’m hoping it starts moving up earlier than later. Make my CDE move up, not down 
No matter what happens in the presidential election there will be a place for uranium. Nuclear energy will be the next strong point to fixing our energy problems. Nuclear energy is clean and has many more safty measures than in the past to keep things safe. Look for stocks like USU to go up.
Another material to start watching is steel. These stocks have dropped over 20% within the week. Termium (TX) has a forward PE of 3.5. It’s the lowest I’ve seen for such a big company. One thing that kept it dropping was the nationalization of the Sidor mine in Venezuela. It dropped more when the sale negotiations with the president did not work out. You can bet that this stock is close to its low and its time for it to start moving up again.
Posted by super_stocker on September 2nd, 2008
North American Palladium (PAL) is again hitting it’s low set 6 months ago and the same low in 2005 which is around $3.50. Both times it stood in that ground for a month or two, then it sky-rocketted up to $9! Tomorrow, if it is still around $3.50, I might go ahead and make my move and buy some more. I’m running both on technical and fundamental research. Technical in that the stock is again reaching its bottom, so its time to move up. Fundamentally, this is a material that should be moving up with the inflationary concerns. I do not think it can stay low for so long.
Couer d’Alene Mines (CDE) is also moving downward. Silver is continuing its move down with gold. Bleh, I will continue to hold onto my shares but if it goes down more I might justify it to get some more. Commodity stocks move up and down quickly but if you are willing to play the same there is money to be made quickly also. I do hope its bottoming out. All the other silver stocks continue to move up. I hope dilution does not continue to stop this stock! What is management doing to this company!
Posted by super_stocker on August 28th, 2008
Fannie Mae (FNM) and Freddie Mac (FRE) having almost doubled their stock prices within the last five days. Last week, on Friday, they were both stated to be going bankrupt, out of cash, and the government would be better off just letting them die off. The reasoning was the amount of cash to keep them up within the billions would leave little to cover other costs. The FDIC after the IndyMac failure only has so much money to cover other banks that go bankrupt. I heard the early 90s had the same bank problems.
Now, I do think the economy has only one way to go, UP! It’s been so bad lately with the foreclosures and banks failures, but I do believe we are slowly recovering. I also don’t think the government will let these two mortgage lenders go down the hole. If you knock over one domino, you’d be sure to hit many more down the ways. If these two fall down, the hurting will not stop for quite a long time.
I also believe George Bush is in part of this. This economy is pretty crappy and it works to the Republicans advantage. They are about helping businesses and cutting taxes. These are two things that all Americans are looking at currently. You can be sure when the elections come in November that it will have some impact on their vote. This especially with the amount of people unemployed and the continuing growth of inflation.
When election time is done and the votes are in, John McCain or Barack Obama will be in office. No matter who wins, you can bet the stock market will finally rise. All those banks shorting stocks will finally cover. People holding onto their money will start investing again. Good riddens George Bush! Either guy will definitely do a better job than him.
Anyways, there should be a dip coming up next week for those short sellers. However, long-term expect these two mortgage lenders to go up. They will not go bankrupt. Banks might be short selling them but they know they can only fall with them if they belly up.
I have not written for a while, but last friday, I did buy some sharts of Fannie Mae. I sold on Monday, bleh! I made a few hundred bucks, but if I see a good opening again, I’ll buy and let you know. I bought very quickly on friday when I saw the really, really low price in the stock. I wanted to buy and sell it’s recovery and it worked out perfectly. I might do more quick buys and sells if it continues to work.
Long-term: commodities will continue to move up. Silver and gold need to rise as inflation rises.
Posted by super_stocker on August 16th, 2008
On Seeking Alpha, there was an article that stated that the DOW bottomed out at July 31, 2008. It also stated that the financial stocks had bottomed out too. How can we find out if this is true? First, Bank of America has finally moved up. It was at a bottom of $20 but now currently trades at $30. One stock in particular that has unlimited potential but contains lots of risk is Washington Mutual (WM).
Washington Mutual is trading in the $5s to which a few months ago it traded as high as $50. In the past few days, there has been heavy institutional buying. I do not know what these guys know, but I’m for sure one to look more into this stock. If it hits $5, I will put some money down and take the risk. For such a cheap price, you could lose your cash but you could also hit a gem that will never see this price again. I do believe most of the subprime loans have already been factored into this stock. Even though there will continue to be more foreclosures and bankruptcies, I think the stock traders have already took this stock to the cleaners. The dividend has been cut which is good for the company so it can start raising money.
I personally use Washington Mutual for some of my bank transactions. It has been so far a smooth ride and I doubt it will be a bank to fail. There is a potential chance for a buy-out and it be nice to get part of that cash that flows into it.
Posted by super_stocker on July 29th, 2008
PAL is a metals mine specializing in palladium and a little platinum. It has moved down from $9 all the way to a closing monday price of $4.25. They report earnings on August 8. I believe there price is very undervalued. With the growing inflationary dollar, there should be an increase in price much higher than we see currently. I expect huge jumps after the earning call. If we do see it go down even more, expect a very good time to buy. It cannot go down much more until it makes explosive moves up like fertilizer had been experiencing.
Posted by super_stocker on July 22nd, 2008
VCLK, an internet advertising agency, is hitting lows not seen since 2003. This stock rallied to highs of $30 back in 2006 to 2007. It went up as the economy continued to prosper. Finally, it has hit reality and is coming down with the economy. At the price right now of closing today at $10.18, it has pretty much hit the bottom. This company has really good fundamentals, and when the economy starts moving up again, you can bet this stock will start moving up too. It has some good names in it, such as Commission Junction, which is the most popular internet affiliate marketing company. It also has Price Grabber, a price comparison engine, which is very popular in London and it has growing popularity in America. They are positioning to internationalize many of their websites and take advantage of the globalization. I do think their management could do a little re-structuring, but fundamentally, they will eventually take off to over $20 per share.
Posted by super_stocker on July 19th, 2008
When the DOW went below 11,000, I should have taken that as a sign to put more cash into the stock market. There were blue chips that were being rocked hard and taking a huge beating. The four stocks particularly were Fannie Mae (FNM), Freddie Mac (FRE), General Motors (GM), and Ford (F). These were all great short buy candidates and they all sky-rocketed at the end of this crazy week.
The early part of the week had the DOW hitting new lows. Fannie Mae and Freddie Mac, two of the most renown mortgage loan companies, were stating they they had finally made too many foreclosed loans and they would have to find ways to establish funding. These two companies are the life-line of 50% of America’s mortgages. It would be a huge shame of they were to go under. Stock prices dropped to less than $10 on each company as people started short selling to stock. I knew these companies would eventually be funded by the government. They will not let these companies take down the economy. It would be a disaster in the United States’ economy. I should have seen these signs and bought early. Both of these stocks doubled at the end of the week.
The next two companies made a pretty fast drop this year to which one company hit a 50-time all year low and the other hit a low not seen for 20 years. These are both America car companies that have been running since the beginning of the Industrial Revolution to which one had created the first car and the other, General Motors, has been a respectable car company building cars for the United States since the early beginnings. These two were a harder speculation because oil could have kept going down. Both of these stocks increased to 20% at the end of the week.
Posted by super_stocker on July 9th, 2008
You know the american car companies, ford and general motors, with their continuing debt and their gas guzzler cars making less and less sales. Ford even sold their Land Rover and Jaguar line of cars to raise cash. Who bought these two lines of cars? TTM, Tata Motors, a fast growing company in India that manufactures small to medium-sized cars for the regular folks on the street. I found out about the stock today, and it was at one of the lowest prices it has even been $9.03. With the need for more MPGs and cheaper car lines, I see their car brand spreading across to europe and possibly america. They are the number one selling brand in India and especially with oil they will hit a strong mark in the future.
I am so confident in this stock that I bought 550 shares at $9.03 for a total of $4966.50. So here is my updated portfolio:
—— SUPER STOCK BLOG PORTFOLIO TRANSACTIONS ——
$4966.50 - Buy TTM for $9.03 for a total shares of 550
—————————————————————————–
———— SUPER STOCK BLOG PORTFOLIO ————-
TTM - 550 at $9.03 per share
CDE - 3,067 at $3.26 per share
PAL - 1,000 at $5.13 per share
—————————————————————————–
So far, my portfolio is in the negative, but I can wait these short-term bumps to make major bucks!
Posted by super_stocker on July 8th, 2008
Yesterday, I have to report on a commercial REIT that I have been looking for sometime. When I first heard of the mortgage crisis, I thought it only affected the residential market. People took out too big of a loan, and they had to foreclose or go bankrupt on their houses. The others were investors trying to make a quick buck took out 5-year ARM loans instead of the normal 30-year fixed rate, and when real estate prices started dropping, their investments turned stale. It’s easier to foreclose or go bankrupt then pay off a half million dollars on a worthless house.
Well, let’s hope the residential bottom out at the beginning of the year and it will finally stop bringing down commercial real estate with it. RSO, a commercial REIT, is close to hitting a new low, but I think it’s due to move up for now. It’s around $6.50 with a dividend yield of 20%. The stock has had minimal exposure to the mortgage crisis, but it has been taken hold with the other REIT stocks because the sector that it is in. I highly doubt they will go bankrupt. If you look at their financials, you will notice that mose of it’s real estate is pretty stable. I doubt the 6.48% drop has anything to do specifically with this stock, but the sector. I’d suggest a buy if you are a long-term holder. You get a nice fat dividend as you wait for it to move back up.
Posted by super_stocker on July 7th, 2008
I am a serious believer in stock market manipulation. This might be common sense or just my irrational thinking, but hedge funds are there to make money; therefore, it is easy for them to take money from the small guy. This would include you, me, and any other small investor trying to be independent and cut those percentages going to mutual funds, ETFs, and the big investing companies. As I watch inflation-proof stocks fall with the market, I can only believe the hedge funds are trying to get more and more investors to sell the holdings. They want to cut out all the margin holders and force brokerage companies to force their investors to sell their stock or put in their cash to make up for their margin holdings.
These same hedge funds will either put the DOW down to 10,000, then put a massive amount of cash in the stock market making another big rally and making everyone look rich, or start buying sooner and put the market up again. The stock market is bound to have bottomed out soon. GM has already hit the lowest price in the last 50 years. When the hedge funds have pushed it low enough, they will then start buying back their own stocks and move the market up to new levels that we have not seen yet. Let’s see what happens today, and good luck to us all!
