Wednesday, December 24, 2014

MORE ON FNSR

In this blog on 11/10/14 FNSR looked attractive trading at 16.82.  On 11/17/14, then at 16.67, we expected a surge as it crossed the 50 dma; it did.  Now at 19.77, FNSR still appears poised to tackle the 200 dma at 20.53.
Holding on to our long positions.

Tuesday, December 23, 2014

DON'T FOLLOW THE MASSES

Dow at 18,000: A buy signal for retail crowd?

.http://www.cnbc.com/id/102253774

Don't be impressed by round numbers.  Concentrate on value and quality holdings.  Be ready to exit positions when euphoria reigns

Saturday, December 13, 2014

Friday, December 12, 2014

MARKET CYCLES "B-R-O"

It seems that over and over we see cycles in the stock sectors.  What is hated and out of favor today will turn around and become the honey of Wall Street.

From the lows of early October '11 financials and major banks have, in many cases,  doubled up in price.  This move has not seen the top and may continue.  An  ETF that follows the action of major banks is KBE.  Along those lines, a similar action has taken place in REIT sector.  Check out IYR.

Which areas of the stock market are bound for a turn-around?  In my opinion, I believe that in the coming months we'll continue experiencing trend reversals in "B-R-O" (banks, REIT's, and then oil).

The oil sector is at its worst in several years.  Patience in finding a base and an entry point where we can profit on the inevitable turn is the sign of a good investor.  The oil industry is followed closely by XOP, an ETF.  Several months from now I expect to see a reversal in prices for oil, stock value for oil producers, and the oil service industry.  It's a matter of time.

Monday, December 08, 2014

LQDT IS GETTING TRASHED AGAIN THIS MORNING

The only question left is: "what's next?".  Pre-market trading at 8.50, a new multi-year low, LQDT is taking a major beating for the third time in eight months.  Looked attractive in late April, wrong call, my bad.

Sunday, November 30, 2014

RIDE THE MHLD TRAIN

Dividend at 4.0%, P/E at 10, book value at .85, and increasing earnings.   MHLD at 13.06 is hard to ignore.

Monday, November 17, 2014

FNSR UPDATE

FNSR (trading at 16.67) is still holding just below its 50 dma (now at 16.71).  Expect a spike in stock price if and when the 50 dma is breached.

Monday, November 10, 2014

TAKE NOTE OF FNSR

The stage is set for FNSR to confirm and break above the 50 dma (now at 16.87).  A close above this level could give us some happy returns.

Thursday, October 23, 2014

CONSIDER BX

With dividend in the range of 6.4%, Blackstone Group (BX) closing at 29.89 today, appears to be poised for a renewed upward trend.

Wednesday, October 22, 2014

TAKING PROFITS ON HLX

In at 22.33 on 9/30/14, out today at 25.20.  Happy to take profits on HLX, that would be a 12.9% return in about three weeks.  Will keep an eye on this one for buying oportunities.

Monday, October 20, 2014

PARK SOME CASH IN FAX

In my opinion, rather than cd's a better way to park some cash is in Aberdeen Asia-Pacific Income Fund, Inc. (FAX) today at 5.84.  Annual dividend at about 5.6% paid monthly and a strong US$ vs AUD make FAX a good prospect for continued returns which would increase as the AUD regains strength.

Tuesday, September 30, 2014

A Base for HLX

Expecting support for HLX (22.54) somewhere around low 22's.  Considering going long.

Tuesday, September 02, 2014

BOTTOM FISHING FOR RETURNS

How long can FNSR (19.26) can be held down?  The stock price needs to close above 19.97 in the next few trading sessions for a positive sign.

Tuesday, August 26, 2014

AN EYE ON CYS

Great dividend, may continue its upward trend.  Worth a look CYS (9.32)

Monday, July 21, 2014

READY TO RISE ABOVE THE 200 DMA

On a day in which most stocks are down, CCJ (20.81) manages to show some strength.  This stock has crossed above its 200 dma (20.78), should it close above that level I would view it as a positive signal and confirm this blog's comments of 5/20/14 (then at 19.61).

Tuesday, July 08, 2014

CLAWING BACK OUT OF THE BASEMENT

ACAT (38.52) has the potential to turn around and realize some profits for those who have patience.

STILL IN FAVOR

HLSS could resume its uptrend (22.80)

Monday, June 23, 2014

NO GO

A bit early on HERO.  Will it find support at 4.12 (a 22 month low)?  This stock is not behaving as expected.

Friday, June 20, 2014

READY, SET, GO!

Willing to take a chance, HERO down 8% (4.51) this a.m. on not so glamorous report.  My take is that this could be a good entry point.

Wednesday, June 18, 2014

LOOKING BETTER NOW

HERO (4.88) may have turned the corner.  Formed a base, crossed above the 50 dma, time to consider loading up on this stock.

Friday, June 06, 2014

MOVING ABOVE THE 200 DMA

HLX (24.26) has crossed above its 200 dma.  Upward momentum is evident, expect this trend to continue.

Friday, May 30, 2014

IN AND OUT

OVTI - in at 14.74 on 2/3/14, out today at 22.96 = 55.77% profit in less than 4 months!

Tuesday, May 20, 2014

BACK IN THE GAME

Betting on CCJ (19.61) to hold at this level , form a base and show some returns.

Wednesday, May 14, 2014

BOUNCE OFF THE 200 DMA

Holding up above the 200 dma, BX (29.62) could pick up momentum in the near future.

EXPECT SAFE RETURNS

Liking MHLD at 12.58 on a pull back and a weak day at the market.

Monday, April 21, 2014

NOT JUNK

Since 3/31/14, LQDT has lost about 1/3 of its value (from 26.05 down to 17.65 today) . I believe that, at this point, the sell-off may have been overdone and we may see a bounce back to the low 20's in the next few weeks.

Thursday, April 17, 2014

POOR TIMING ON REGI

Quarterly earnings report was not taken kindly by investors this morning (11.38 down 9%).
However, I still like the stock and, if today REGI closes above the 50 dma (11.46), I'd be a buyer on this pullback.

Tuesday, April 15, 2014

A MELTDOWN AT CCJ?

CCJ at 22.16 on 2/25/14... today at 22.60, crossing below the 50 dma,  I choose to bail out and stay on the sidelines.

Wednesday, April 02, 2014

TAKING A POSITION ON RENEWABLE ENERGY

A stock in a recovery mode has surfaced:  REGI (closed on 4/1/14 at 12.04).

Friday, March 14, 2014

DOUBLE BOTTOM IN PLACE

Going back to the comment of 1/24/14, HLSS chart has formed a "double bottom".  Now we face the next test, can the stock price (closing yesterday at 21.30) rise above the 50 DMA?  Should HLSS close above 21.35 in the next three trading days, we can expect a jump in price.  Meanwhile, those who got in earlier can enjoy an 8.5% dividend with the next monthly distribution of .15/share scheduled for 3/27/14.

Monday, March 10, 2014

READY TO PULL THE TRIGGER


At 4.78 this morning, HERO looks inviting.

Wednesday, March 05, 2014

QUICK PROFIT

Cashing in on AMRI:  in at 11.07 on 1/24/14, out today at 15.86 (3/5/14)...  a 43.27% profit in 40 days.

Friday, February 28, 2014

DOUBLE BOTTOM ALERT

On a day like today NOG (13.92, down 9.3%) we may see an opportunity to load up on this stock.

Tuesday, February 25, 2014

NUCLEAR PROSPECT

This Canadian uranium producer has enough power to keep on going up:  CCJ (22.16)

Monday, February 03, 2014

AGAINST THE GRAIN

There could be a buying opportunity in this pull-back:  OVTI (14.74)

Thursday, January 30, 2014

A PLAY ON NATURAL GAS

There are possibilities in NOG (14.52)

Friday, January 24, 2014

PICKING UP THE WOUNDED

May see a double bottom on HLSS (21.56)

BOTTOM FISHING

Keep an eye on AMRI (11.07)

Thursday, January 23, 2014

A DEAD CAT BOUNCE?

Can this one be saved?  Looking (just looking) at HERO (4.80); it is risky, but there may be some bounce in this stock.

Tuesday, January 21, 2014

TODAY'S PICK

Four letters:   CVRR (22.76), you decide.