| Author | Message | ||
| Lawrence Coppari (Lawrence)
Member Username: Lawrence Post Number: 478 Registered: 4-2002 |
Just needling people. But I do own stock in it. I have no specific information other than the losses have nearly gone to zero from huge amounts during its brush with bankruptcy a couple of years ago. They have enough cash on hand to service debt this year. Their sales per square foot ratio is considerably less than CVS and Walgreen but gradually climbing. This, it seems to me, should enable them to show profit without spending a lot of money - just improve store sales. They close their non-performing stores. They don't need to become #1 for me to make money; they just need to survive, and I think they will. | ||
| Joe Hart (Zr1)
New member Username: Zr1 Post Number: 10 Registered: 11-2002 |
CFW Earnings will be out on Thursday and they will be very good. I have been in the Guard (CFW) for over two years now and things are looking good. Trust me this one will go higher. If you want the full story send me a e-mail. Later | ||
| Rob Lay (Rob328gts)
Board Administrator Username: Rob328gts Post Number: 3270 Registered: 12-2000 |
If you're buying a stock when it's already hot, then you've probably bought it too high, unless it gets even hotter. Buy when a stock is out of favor, I'm a technical trader and that has worked well for me. Bought into AWE, PCS, and TXU close to 52 week lows back around November. All 3 have had over 50% run ups since then. Still in TXU, but getting an itchy trigger finger. Already mostly out of PCS and AWE, but waiting to get back in. Only one I would like to get in long term, but got bored in the short term is PFE. Another small one to watch is IDCC. I recomended this last year when it was at 8, a few users even bought it. Hit 19 late December and is around 14 now. Huge lawsuit with Ericsson will be major for this very small company. Best case they get a huge decision, worst case they're sitting on a huge cash reserve and are doing just fine without the lawsuit. Stock may run down the next few weeks because the trial was supposed to start in February and it has been postponed a few months. My target buy is 10-12. | ||
| Jason Williams (Pristines4)
New member Username: Pristines4 Post Number: 15 Registered: 12-2002 |
"In a year I'm going to say I told you so." What makes you so confident? Jason- | ||
| Lawrence Coppari (Lawrence)
Member Username: Lawrence Post Number: 474 Registered: 4-2002 |
In a year I'm going to say I told you so. | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1778 Registered: 2-2001 |
Greg if you get in now you are getting in at the bottom of a cycle. The last cycle, the huge boom of the 90s lasted over 10 years. and we are just about 3 or 4 years into this downcycle so I would suggest you look at buying & holding for at least 5 years to get really good profits. The economy is in a rut now, consumer confidence is dwindling, terrrorism has quieted tourism & cash is King. Its gonna take some time to get back on into a boom economy | ||
| Greg Rodgers (Joechristmas)
Member Username: Joechristmas Post Number: 606 Registered: 3-2001 |
Ok, thanks for the info. Is it better to get in for the long run or a short period? Thanks Again. | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1775 Registered: 2-2001 |
building on what nika said, Now is Not the time for aggressive growth stocks | ||
| Lawrence Coppari (Lawrence)
Member Username: Lawrence Post Number: 473 Registered: 4-2002 |
If you like turn arounds, try Rite Aid. After nearly going bankrupt, they are on the comback trail. There are still more store closings that have to be done, but every successive month shows improvement in sales and cash flow. | ||
| Nika (Racernika)
Member Username: Racernika Post Number: 756 Registered: 12-2001 |
look at your risk factor - how willing are you to risk your investment - then decide. Bio chems are hot - resources etc - but when to buy? That's the million dollar question. Greg - I was an Investor Relations Manager for years - believe in what you think will work and really - diversifying is best | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1774 Registered: 2-2001 |
If Bush's tax plan goes through the tax on divendend may fall 50- 100% so buy stock that pays dividends like Ford, GM, Hubbell  utilities, REITs etc. and you get free money & tax free also | ||
| Jason Williams (Pristines4)
New member Username: Pristines4 Post Number: 14 Registered: 12-2002 |
Wait until summer when Ferrari goes public. I made a thread about it a few days ago, but now I can't find it. Anyone have a link? Jason- | ||
| Greg (Greg512tr)
Junior Member Username: Greg512tr Post Number: 75 Registered: 2-2002 |
buy MSFT since I already own some. Sitting on $40B in cash and throwing it off at an amazing rate. | ||
| William H (Countachxx)
Intermediate Member Username: Countachxx Post Number: 1771 Registered: 2-2001 |
I'm waiting for the war to start cus you know the market is going to tank on day 1 & recover by the end of the week. Check out Ford motors, their P/E ratio is like negative 25 at $10 per share, doesnt get much better than that | ||
| Greg Rodgers (Joechristmas)
Member Username: Joechristmas Post Number: 605 Registered: 3-2001 |
Now that the stock market is at an all time low which stocks do you feel are the ones to buy? Any info would be appreciated. |