see tape in post below first
Wednesday, December 10, 2008
I had to share this again - police caught on tape
I know its not a stock pick but I had to post this... here is a prime example of what a dork grows up to be... (I originally posted back in Feb. '08)
at
8:39 PM
Friday, November 14, 2008
China is where its at and going to be
China's Global Rescue
Now is the time. If you're serious about making money in the stock market...if you're ready to take back the devastating losses Wall Street's incompetent elite have brought you...
If you're ready to create life-changing wealth, I have a critically important message for you:
Now is the time to step and buy the stocks that will lead the world out of recession.
This time, it's not the U.S. economic cavalry riding to the rescue...
It's China.
Forward-thinking investors who can read the writing on the great wall have the historic opportunity to turn the global financial tsunami into a flood of profits.
The People's Republic of Profits
I want to be clear - I'm no fan of China's heavy-handed, authoritarian government. But I also know their backs are against the wall. That's why China just announced $586 billion in spending to kickstart its economy.
We all know if there's any government on earth that has the power to do whatever it wants, it's China. And I'm not about to turn my back on this once-in-a-lifetime wealth-building opportunity.
Quite simply, I've never seen a better, slam-dunk set up than this.
Now, $586 billion may not sound like that much. After all, the U.S. just approved $700 billion in bailouts. But $700 billion is a drop in America's GDP bucket - less than 1%.
China will spend 16% of its GDP to get things moving. Now THAT'S a failsafe stimulus plan. It proves China's not kidding around when it comes to its economy. And the profits China's unprecedented plan can bring you - if you're in the right stocks - are no laughing matter, either. Unless you're laughing all the way to the bank...
The Cheapest Stocks in History
You probably remember when China's economic miracle was the envy of the world. Investors who saw the potential for Chinese stocks back in 2002 made fortunes. Stocks like:
· Sohu.com ran +8,700%
· C-Trip launched +1,033%
· Petrochina jumped +1,044%
· China Life made +1,228%
China produced more +1,000% gainers in a shorter time than any country in history. And while it would be crazy for me to promise you more +1,000% gains, it would be crazy to ignore the profit opportunities China's government is serving up.
Remember, it was China's insatiable demand for raw materials and energy that sent oil above $140 and had copper and steel trading at all-time highs. When China's engine of growth was hitting on all cylinders, it was the driver of global economic growth.
But now, the financial crisis and global recession have knocked Chinese stocks down to unheard of levels. Some of China's top companies are selling for 2 and 3 times earnings.
I've never seen stocks trade at such low valuations. If they were on the verge of bankruptcy, that would be one thing. But they're not. In fact, China's about to spend $586 billion dollars to guarantee that these companies keep growing.
at
1:54 PM
Wednesday, November 12, 2008
eBay Shares at Auction Prices
It's the law of large numbers: It is impossible for a company to keep growing at a fast clip once it becomes very large. But few expected to hear that eBay's sales in its core auction segment might actually shrink, as is implied by near-term management guidance. Yet that appears to be a possibility in 2009, especially in the first half of the year. That helps explain why shares have fallen more than 60% from their 52-week high and I dont see a turn-around before the years out. PayPals continued problems is not helping either! eBay will celebrate the New Year below the $10 mark!
at
11:35 PM
(CAT) gets Clawed
(CAT) Caterpillar Inc. – Most think this stock is recession-proof...? The Chinese government’s fiscal stimulus helped inspire a rally in commodity and construction related companies. Heavy equipment manufacturer, Caterpillar saw its shares rally to $40.88 before having to make do with a 1% gain to $38.83. Our market scanners honed in on a large and opportunistic bearish put spread in the December contract where a 15,000 lot transaction went through at a premium of a net 95 cents to establish limited downside protection. The trade involved a long position in the 35 puts and a short position at the 30 strike aimed at providing as much as 4.05 per contract should shares in Caterpillar reach or fall beneath the $30.00 price level by expiration. The recent 52-week low at $31.95 was established on October 24. It would appear that this investor is taking advantage of a market rally to reach for downside protection and has the view that there is only so much that governments can do to stop the rot.
at
11:16 PM









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