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Picks Performance:
Outperforms
61%
of community
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All-time Return
+12.93%
(in over 2 years)
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Risk (SD)
Aggressive
0.00%
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Sharpe Ratio
-9.37
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Followers
5
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Winning Picks
34
of
69
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Total Views
58916
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View:
Shared Picks (Quick)
/ (Detailed)
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Personal Portfolio
December 08
Don't Smoke Buy some anyhow.
This pick is about: Vector Group Ltd. (VGR)
| Rating: |
$13.98 (12/08/08)
|
| Gain/Loss: |
+1.86%
in
363 days
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| Target: |
$17.50
(+25.18%)
in > one year
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I haven't smoked since I was a young kid in college and the last area of investing I would consider is tobacco stocks. Then the recession hit. City, state and the Feds will be looking t increase a falling tax income. So where to go? You guessed it. That is why I looked at VGR. If you smoke cheap is better. Vector Group, Ltd., through its subsidiaries, manufactures and sells cigarettes in the United States. It produces cigarettes in approximately 245 combinations of length, style, and packaging under LIGGETT SELECT, GRAND PRIX, EVE, PYRAMID, and USA names, as well as under various partner and private label brands. The company also develops and markets the low nicotine and nicotine-free QUEST cigarette products, as well as reduced risk cigarette products. Its customers primarily include candy and tobacco distributors, the military and large grocery chains, and drug and convenience store chains. Let's not forget NYC and VGR investments there. In addition, Vector Group engages in the real estate business; offers residential brokerage services; and holds interests in various spas, resorts, and hotels. The company, formerly known as Brooke Group, Ltd., was founded in 1911 and is based in Miami, Florida. VGR pays a nice 11% dividend at these prices and has options to play. So as I light up "cough...cough...cough" VGR longs. | 52-Week High (12-Dec-07) 3 : | 21.9048 | | 52-Week Low (10-Oct-08) 3 : | 10.82 | | 50-Day Moving Average 3 : | 15.2258 | | 200-Day Moving Average 3 : | 16.5302 |
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December 03
Cramer special... ETP
This pick is about: Energy Transfer Partners LP (ETP)
| Rating: |
$33.45 (12/03/08)
|
| Gain/Loss: |
+27.92%
in
368 days
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I can't take credit for discovering this one (Energy Transfer Partners, L.P) which an investor called in on Cramer show last night. Talk about right on the money. ETP has massive insider buying, fantastic dividend and options. The company was founded in 2002 and is based in Dallas, Texas. Through its subsidiaries, engages in the natural gas midstream, and intrastate transportation and storage businesses in the United States. Its midstream operations focus on the gathering, compression, treating, blending, processing, and marketing of natural gas in the Austin Chalk trend of southeast Texas, the Permian Basin of west Texas, the Barnett Shale in north Texas, the Bossier Sands in east Texas, and the Uinta and Piceance Basins in Utah and Colorado. The companys intrastate transportation and storage operations focus on transporting natural gas from various natural gas producing areas through connections with other pipeline systems. Its interstate transportation operations transports natural gas to the California border; and delivers natural gas from the east end of its system to Texas intrastate and Midwest markets. In addition, Energy Transfer Partners sells propane and propane-related products and services to residential, commercial, industrial, and agricultural customers. As of August 31, 2007, the company owned and operated approximately 14,100 miles of in service natural gas gathering and intrastate transportation pipelines, 3 natural gas processing plants, 12 natural gas treating facilities, 10 natural gas conditioning facilities, and 3 natural gas storage facilities located in Texas. Energy Transfer Partners GP, L.P. serves as its general partner. | 52-Week High (03-Jan-08) 3 : | 54.56 | | 52-Week Low (10-Oct-08) 3 : | 22.40 | | 50-Day Moving Average 3 : | 34.15 | | 200-Day Moving Average 3 : | 40.24 |
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December 01
Whats a TRP?
This pick is about: TransCanada Corp. (TRP)
| Rating: |
$26.39 (12/01/08)
|
| Gain/Loss: |
+22.77%
in
370 days
|
| Target: |
$38.00
(+43.99%)
in > one year
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Has Washington come up with another bail out program called TRP? Could this be for real? Yes and no. TRP = TransCanada Corporation. A energy infrastructure principally in North America. It operates through two segments, Pipelines and Energy. The Pipelines segment develops and operates energy infrastructure, including natural gas pipelines, regulated gas storage facilities, and projects related to oil pipelines. Paying a current dividend of 5.30% as of 12/01/08 TRP is a LT position. The company was founded in 1951 and is headquartered in Calgary, Canada. The Pipelines segment develops and operates energy infrastructure, including natural gas pipelines, regulated gas storage facilities, and projects related to oil pipelines. Its network of wholly owned pipelines extends approximately 59,000 kilometers tapping into various gas supply basins in North America. This segment also has natural gas pipeline and related holdings in Mexico and South America. The Energy segment engages in the acquisition, development, construction, ownership, and operation of electrical power generation plants; the purchase and marketing of electricity; the provision of electricity account services to energy and industrial customers; and the development, construction, ownership, and operation of non-regulated natural gas storage in Alberta, and liquefied natural gas facilities in Canada and the United States. | 52-Week High (28-Feb-08) 3 : | 41.53 | | 52-Week Low (21-Nov-08) 3 : | 23.52 | | 50-Day Moving Average 3 : | 28.2617 | | 200-Day Moving Average 3 : | 35.1373 |
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My HERO
This pick is about: Hercules Offshore Inc. (HERO)
| Rating: |
$5.085 (12/01/08)
|
| Gain/Loss: |
-4.42%
in
370 days
|
| Target: |
$12.00
(+135.99%)
in > one year
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Everyone needs a hero in life and mine is a real HERO. Founded in 2004 as Hercules Offshore, LLC and changed its name to Hercules Offshore, Inc. in 2005. Hercules Offshore, Inc. is based in Houston, Texas. The company serves integrated energy companies, independent oil and natural gas operators, and national oil companies. As of March 31, 2008, it owned a fleet of 35 jackup rigs, 27 barge rigs, 3 submersible rigs, 1 platform rig, a fleet of marine support vessels, and 60 liftboat vessels, as well as operated 5 liftboat vessels owned by third parties. | 52-Week High (30-Jun-08) 3 : | 39.47 | | 52-Week Low (21-Nov-08) 3 : | 3.06 | | 50-Day Moving Average 3 : | 6.19 | | 200-Day Moving Average 3 : | 21.51 |
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November 22
The Golden Pot FCX
This pick is about: FreeportMcMoRan Copper & Gold Inc (FCX)
| Rating: |
$20.68 (11/22/08)
|
| Gain/Loss: |
+286.22%
in
379 days
|
| Target: |
$50.00
(+141.78%)
in > one year
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FCX Freeport-McMoRan Copper & Gold, Inc. engages in the exploration, mining, and production of mineral properties primarily in Indonesia, North America, South America, and Africa. It focuses on the copper, gold, molybdenum, and silver prospects. Paying a dividend of $2 per share and insider buying starting the end of October FCX also has a great list of option plays. FCX is a member of the S&P 500. At December 31, 2007, it had total consolidated recoverable proven and probable reserves of approximately 93.2 billion pounds of copper; 41.0 million ounces of gold; 2.0 billion pounds of molybdenum; 230.9 million ounces of silver; and 0.6 billion pounds of cobalt. Freeport-McMoRan Copper & Gold, Inc. was founded in 1987 and is based in Phoenix, Arizona.
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November 21
TXT Insider buying in Down market.
This pick is about: Textron Inc (TXT)
| Rating: |
$12.86 (11/21/08)
|
| Gain/Loss: |
+57.31%
in
380 days
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| Target: |
$22.00
(+71.07%)
in > one year
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Shazaam! I was checking out several stocks and came across one of the few that meets ALL of my demands. Options, dividends and insider buying. Textron Inc (TXT). Textron, Inc. operates in the aircraft, industrial, and finance industries worldwide. It operates through four segments: Bell, Cessna, Industrial, and Finance. The Bell segment manufactures and supplies helicopters, tiltrotor aircraft, and helicopter-related spare parts and services for both military and commercial applications. It also manufactures precision weapons; airborne and ground-based surveillance systems; intelligence and situational awareness software; armored vehicles and turrets; reciprocating piston aircraft engines; and aircraft and missile control actuators, valves, and related components for the defense, aerospace, and general aviation markets. The Cessna segment manufactures general aviation aircraft, such as business jets, single engine turboprops, and single engine piston aircraft, as well as provides aftermarket services. Depending on what happens with the BIG 3, Textron also supplies them parts.
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November 11
Who's getting old?
This pick is about: UnitedHealth Group Inc (UNH)
| Rating: |
$20.02 (11/11/08)
|
| Gain/Loss: |
+37.16%
in
390 days
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| Target: |
$30.00
(+49.85%)
in > one year
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Damn son of a #!*% stock market. Like yesterdays dollar is only worth .25 today in this bubble bursting market. Oh hi there! Great bargains are flooding the floor right now and some will make it while others will drown. UNH is a survivor and I am adding it today. Hell the market can't get much lower can it? Anyhow back to the story. UnitedHealth Group Incorporated provides healthcare services in the United States. The companys Health Care Services segment offers consumer-oriented health benefit plans and services; administrative and other management services to customers that self-insure the medical costs of their employees and their dependents; and non-employer based insurance options for purchase by individuals, which are designed to meet the health coverage needs of consumers and their families. This segment also delivers health care and well-being services to large national employers, individual consumers, and other health care organizations. A sliver of a dividend, good options, buy UNH and sell Jan 10 - 20, and a member of Berkshire's portfolio. OK so they lost several millions in value. The point is the nation is getting old. Have to go. All this typing is hurting my fingers. Where is my arthritis medication?
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November 05
NYB a Buy
This pick is about: New York Community Bancorp Inc. (NYB)
| Rating: |
$13.95 (11/05/08)
|
| Gain/Loss: |
-11.61%
in
396 days
|
| Target: |
$18.00
(+29.03%)
in > one year
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If you have not added NYB to your holdings now is a time to do so. Like all other stocks in this market she has bitten the dust and with a great dividend of 6+% she is a steal. NYB claimed a oto write off last quarter that st hurt her price but made a great entry point.
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ETFC given four stars
This pick is about: E*Trade Financial Corp (ETFC)
| Rating: |
$2.08 (11/05/08)
|
| Gain/Loss: |
-18.27%
in
396 days
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| Target: |
$4.25
(+104.33%)
in > one year
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It has been a rough road with ETFC but I am still holding. To early to sell more CC and earnings have moved on. Despite the *&&^$%#$^&^& market ET will surprise the world in 2009 if not sooner. Morningstar just gave ET a 4 star rating. I wish I had bought in at this level but I will get my profits.
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October 28
IVN a shoot in the dark
This pick is about: Ivanhoe Mines Ltd (IVN)
| Rating: |
$1.76 (10/28/08)
|
| Gain/Loss: |
+573.30%
in
404 days
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| Target: |
$6.00
(+240.91%)
in > one year
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Considering the current sell off in the market IVN is at one of those rare moments in time to cash in on a great investment. Ivanhoe Mines, Ltd., together with its subsidiaries, operates as a mineral exploration and development company. The company holds interests in and conducting operations on mineral resource properties principally located in Central Asia and Australia, including the Oyu Tolgoi copper-gold project and Ovoot Tolgoi coal project located in Mongolia; and Bakyrchik gold project in Kazakhstan, as well as owns copper-gold and uranium mining and exploration leases in Queensland, Australia. It also holds interests in the Tsagaan Tolgoi project in south-central Mongolia comprising coal resources of 36.4 million tonnes; and the Cloncurry project in northwestern Queensland, Australia. The company was founded in 1994. It was formerly known Indochina Goldfields, Ltd. and changed its name to Ivanhoe Mines, Ltd. in 1999. Ivanhoe Mines, Ltd. is headquartered in Vancouver, Canada.
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October 24
El Paso Pipeline Partners Increases Cash Distribution
This pick is about: EL PASO PIPELINE PARTNERS LP (EPB)
| Rating: |
$15.9 (10/24/08)
|
| Gain/Loss: |
+47.74%
in
408 days
|
| Target: |
in > one year
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I have added EPB. El Paso Pipline meets all of my specifications for a well run company. Insider buying, Options, Dividend and Dividend increase. A rare find. HOUSTON, TX--(MARKET WIRE)--Oct 21, 2008 -- El Paso Pipeline Partners, L.P. ( EPB - News ) today announced that the Board of Directors of its general partner has declared a quarterly cash distribution of $0.3000 per unit for the third quarter of 2008, up 1.7 percent from $0.2950 paid for the second quarter 2008. The distribution will be paid November 14, 2008 on all outstanding common and subordinated units to holders of record as of the close of business on October 31, 2008. With the announcement of the recent acquisition, management said that it intends to recommend to the Board of Directors of the general partner an increase in the quarterly cash distribution to $0.3200 per unit, beginning with the distribution to be declared and paid in the first quarter 2009.
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PFE Time to buy some drugs
This pick is about: Pfizer Inc (PFE)
| Rating: |
$16.59 (10/24/08)
|
| Gain/Loss: |
+11.45%
in
408 days
|
| Target: |
$20.00
(+20.55%)
in > one year
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It is amazing what bargains are out there today Pfizer Inc. is only one of them and I am adding it to my portfolio. A nice dividend with options to sell and in a business that can only keep growing. Pfizer, Inc. engages in the discovery, development, manufacture, and marketing of prescription medicines for humans and animals worldwide. | Market Cap (intraday) 5 : | 111.36B | | Enterprise Value (24-Oct-08) 3 : | 105.87B | | Trailing P/E (ttm, intraday): | 10.58 |
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October 22
NM increasing 3rd quarter dividend
This pick is about: Navios Maritime Holdings Inc. (NM)
| Rating: |
$3.44 (10/22/08)
|
| Gain/Loss: |
+73.84%
in
410 days
|
| Target: |
$12.00
(+248.84%)
in > one year
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I already have EGLE and DHT and now adding NM. Dry Bulk Shipping like all stocks/sectors is in a down trend. The time to invest is now. Why? The world will slow down but shipping will never stop. Navios Maritime Holdings, Inc., a seaborne shipping and logistics company, focuses on the transport and transshipment of drybulk commodities, including iron ore, coal, and grain. As of December 31, 2007, its fleet consisted of 62 vessels, aggregating approximately 6 million deadweight tons or dwt. The company owned 10 Ultra Handymax (50,000-55,000 dwt), 5 Panamax (70,000-83,000 dwt), 1 Capesize (approximately 100,000 dwt), and 1 Handysize (10,000-30,000 dwt) product tanker vessels. It also time charters in and operates a fleet of 5 Ultra-Handymax, 5 Handysize, 11 Panamax, 7 Kamsarmax, and 9 Capesize vessels under long-term time charters. In addition, the company owns and operates bulk transfer and storage port facility in Uruguay. It serves raw materials producers, agricultural traders and exporters, industrial end-users, shipowners, and charterers. The company was formerly known as Nautilus Maritime Holdings, Inc. and changed its name to Navios Maritime Holdings, Inc. in 2003. Navios Maritime Holdings, Inc. is headquartered in Piraeus, Greece.
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October 20
COKE Stock Test
This pick is about: The CocaCola Company (KO)
| Rating: |
$45.96 (10/20/08)
|
| Gain/Loss: |
+25.09%
in
412 days
|
| Target: |
$59.00
(+28.37%)
in > one year
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Or was that taste test? In either case KO fell off the shelf like everyone else did these last several weeks. The world economy can collapse for all we care but man must have his Coke and drink it too. KO s a member of Dow Jones Composite Dow Industrials S&P 100 S&P 500 and S&P 1500 Super Comp. KO has a small dividend on top of great options to trade and The Coca-Cola Company engages in the manufacture, distribution, and marketing of nonalcoholic beverage concentrates and syrups worldwide. Now just to add some fries and a Big Mac.
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October 18
HCSG Increase Dividend
This pick is about: Healthcare Services Group Inc. (HCSG)
| Rating: |
$14.81 (10/18/08)
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| Gain/Loss: |
+35.38%
in
414 days
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| Target: |
$19.00
(+28.29%)
in > one year
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At a time when everyone is heading south I decided it is time to add Healthcare Services (HCSG) announced an increase in their quarterly dividend to $0.16 per share from $0.15 per share, a 7% increase. When the winter months have passed they will head back north. Market Value, $K: 638,590 Shares Outstanding, K: 43,030 % Held by Insiders: 14.00% % Institutional Shareholders: 98.02% Last Quarter Sales, $M: 147.92 Last Quarter Net Income, $M: 6.95 Last Quarter EPS: 0.16 P/E Ratio: 24 Annual EPS, $: 0.66 Most Recent Earnings, $: 0.13 on 10/14/08 Annual Dividend Rate, $: .6 Most Recent Dividend: 0.150 on 07/23/08 Annual Dividend Yield, %: 4.03% Most Recent Split: 3-2 on 08/13/07
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October 11
JNJ more for less
This pick is about: Johnson & Johnson (JNJ)
| Rating: |
$58.46 (10/11/08)
|
| Gain/Loss: |
+10.09%
in
421 days
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| Target: |
$72.00
(+23.16%)
in > one year
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It is a buyers market right now. JNJ is added for the simple reason of her current price and options. The 3% dividend, although minimal helps also. Her PE floats around 13-14 which is another positive. Johnson & Johnson engages in the research and development, manufacture, and sale of various products in the health care field worldwide. Yes there is a world wide recession taking place and yes sales may drop off but LT it is the time to pick up JNJ and ride out the storm.
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October 08
The ship is sinking
This pick is about: Eagle Bulk Shipping Inc. (EGLE)
| Rating: |
$8.15 (10/08/08)
|
| Gain/Loss: |
-29.33%
in
424 days
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| Target: |
$15.00
(+84.05%)
in > one year
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I am glade I waited 1 more day in this market nightmare. I wanted to pick up EGLE for some time now and today ( a dollar or so less then yesterday) I finally grabbed it. EGLE provides ocean transportation services for various major and minor bulk cargoes. The company principally transports iron ore, coal, grain, cement, and fertilizers along worldwide shipping routes. As of December 31, 2007, it owned and operated a fleet of 18 vessels. The company was founded in 2005 and is headquartered in New York, New York. I also added to my DHT holdings. The world economy will be a slow one but living on an Island in the middle of the Pacific (which I do) makes one realize how vital bulk cargo is to this globe we live on.
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Oil or bust
This pick is about: Provident Energy Trust Trust Units (PVX)
| Rating: |
$5.09 (10/08/08)
|
| Gain/Loss: |
+26.72%
in
424 days
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| Target: |
$10.00
(+96.46%)
in > one year
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I wanted to do some bottom fishing today and the lake just seems to get deeper and deeper so "what the heck" I said to myself as I cast my line out. I can't get much worse then it already is so I put in an order for Provident Energy Trust, an open-end investment trust in Canada and the United States. I give it two not one year to reach my goal of 10 the way the world economy is going. Can anyone spare me a dime?
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September 30
Pen West Energy Trust
This pick is about: Penn West Energy Trust Trust Units (PWE)
| Rating: |
$23.76 (09/30/08)
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| Gain/Loss: |
-27.23%
in
432 days
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| Target: |
$28.00
(+17.85%)
in > one year
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Penn West Energy Trust operates as an open-end investment trust in Canada. The company, through its subsidiaries, engages in acquiring, developing, exploiting, and holding interests in petroleum and natural gas properties and assets. Its oil and gas properties are principally located in the western Canadian Sedimentary Basin within the provinces of British Columbia, Alberta, Saskatchewan, and Manitoba. As of December 31, 2007, Penn West Energy Trust had proved plus probable gross reserves of 750.2 million barrels of oil equivalent; and had working interests in 26,440 gross oil and gas wells. The company was founded in 1979 and is headquartered in Calgary, Canada. PWE FOLLOWS THE OIL MARKET. With a possible deflationary cycle about to hit us it may, or may not, be a while til energy prices take off again. In any case PWE meets all my criteria... Monthly Dividend... Options...Near 52 week low.
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Update 10/22:
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Another monthly check. Gotta love it in this market.
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September 29
Motorola bottoms up
This pick is about: Motorola Inc (MOT)
| Rating: |
$6.92 (09/29/08)
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| Gain/Loss: |
+18.21%
in
433 days
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| Target: |
$10.00
(+44.51%)
in > one year
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I checked out MOT chart and all gaps are filled. Look at her 2011 calls. Great pocket money just waiting. Motorola, Inc. provides technologies, products, and services for mobile communications. It operates in three segments: Mobile Devices, Home and Networks Mobility, and Enterprise Mobility Solutions. The Mobile Devices segment offers wireless handsets with integrated software and accessory products, as well as licenses intellectual property.
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Update 10/22:
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I try not to predict a stocks direction, preserve that for the Anal List. MOT will take a while to turn around. Watch APPL. That is the key if you want to time this market. Play MO options when you fell the time is right.
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December 01
Black Monday shopping - BIP
This pick is about: Brookfield Infrastructure Partners L.P. Ltd. Partnership Units (BIP)
| Rating: |
$11.44 (12/01/08)
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| Closed: |
12/01/2008
@ $11.44
(+0.00%
in
2 minutes)
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| Target: |
$18.00
(+57.34%)
in > one year
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While sitting here at my computer doing my holiday shopping I thought I would tell you about one gift I just picked up. Brookfield Infrastructure Partners L.P. LP meaning Limited Partnership. engages in the ownership and operation of electricity transmission systems and timberlands. It owns 8,279 kilometers of transmission lines in Chile; approximately 2,100 kilometers of transmission lines in Brazil; and approximately 550 kilometers of 44 kilovolts to 230 kilovolts transmission lines in Canada. The company also owns approximately 634,000 acres of freehold timberlands located principally on Vancouver Island; and approximately 588,000 acres of freehold timberlands in Oregon and Washington. Brookfield Infrastructure Partners Limited serves as a general partner of the company. The company was founded in 2007 and is headquartered in Hamilton. Brookfield Infrastructure Partners L.P. (NYSE:BIP) operates independently of Brookfield Asset Management, Inc., as of January 31, 2008. | 52-Week High (01-Feb-08) 3 : | 21.60 | | 52-Week Low (10-Oct-08) 3 : | 9.58 | | 50-Day Moving Average 3 : | 12.9581 | | 200-Day Moving Average 3 : | 16.893 |
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June 17
NYB topped out
This pick is about: New York Community Bancorp Inc. (NYB)
| Rating: |
$19.95 (06/17/08)
|
| Closed: |
11/05/2008
@ $13.95
(+30.08%
in
141 days)
|
| Target: |
$16.50
(-17.29%)
in Six months
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I have bought puts on NYB. She has reached my goal of twenty and a HI PE ratio. Wall Street has made her fortune on her so look out below. I am adjusting my portfolio and as soon as my new picks are in place I will let the world know.
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Update 07/22:
Update 09/21:
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Despite last weeks hell raising ride on Wall Street I was able to sell CC again on NYB. Her PE is still at 55! It seems panic money shifted into small bank stocks giving a ST window to sell some options. Her yearly dividend of $1 per share seems to be safe.
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Update 11/05:
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NYB like all other financial stocks has taken a beating. At it's current price ,with dividend and options to play, it is time to consider buying in if you have not already. I have held on since 2006 with a great retorn of dividends plus CC. Granted the current loss that management claimed is an OTO write off and a smart move IMO.
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April 07
E Trade to profits
This pick is about: E*Trade Financial Corp (ETFC)
| Rating: |
$4.25 (04/07/08)
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| Closed: |
11/05/2008
@ $2.08
(-51.06%
in
212 days)
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| Target: |
$8.00
(+88.24%)
in > one year
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I first picked up ET (now ETFC) years ago when it had another financial downturn. The price at that time was floating between 3.50 and 4.50. I sold CC on her all the way up to nine dollars when I was called out. She continued up to 15 before the current downturn. Time to jump back in (under 4) and start selling CC again. This is not an overnight success story unless you play options or are a day trader, great vol. right now.
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Update 05/03:
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Warren Buffet made a very wise comment today (May 3) to his share holders) "Think small" returns. ET has broken four dollars. $4.25 was close as of 50208. As I suggested earlier it was a buy under four. I have decided to sell half my holdings in ET for a quick (under 4 week) profit of 25%. I will sell cc on the other half depending on the May 16 report. No dividends but options and a great growth potential. Crammer himself says to always take some of the profit off the table. I am scanning my listof plays but am not buying any at this point. I will wait for the next sell off which will come. It always does.
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Update 07/22:
Update 10/25:
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November 15 is the target date for Hedge Funds to pay back investors. ETFC is suffering from short selling like the majority of the market right now. I just came across this... "The stock market has fallen significantly and now short traders are beginning to buy shares at a record pace," said Dylan Wetherhill, president and founder of short interest tracking website ShortSqueeze.com. I held on to ETFC in the past when it bottomed out around 3-4 and it paid off big time. Just need that first profitable Quqarter. Still holding.
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October 22
September 28
NEXT BERKSHIRE?
This pick is about: W R BERKLEY Corp. (WRB)
| Rating: |
$24.15 (09/28/08)
|
| Closed: |
10/22/2008
@ $22.85
(-5.38%
in
24 days)
|
| Target: |
$29.00
(+20.08%)
in > one year
|
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WRB W. R. Berkley Corporation is an insurance holding company, which through its subsidiaries, operates in all segments of the property casualty insurance business: regional property casualty insurance; reinsurance; specialty lines of insurance; alternative markets; and international. The company's regional insurance operations are conducted primarily in the Midwestern, Southern and Northeastern sections of the United States. Reinsurance, specialty insurance and alternative markets operations are conducted nationwide. Current PE of 7 with a dividend and options. Buy and Hold.
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Update 10/22:
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Posting a 3rd quarter loss. With the claims from the hurricanes and a market swimming with great bargains I will take my small loss and look for a stock with dividends.
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June 20
INCOME LT CLM
This pick is about: Cornerstone Strategic Value Fund (CLM)
| Rating: |
$6.31 (06/20/08)
|
| Closed: |
10/22/2008
@ $2.25
(-64.34%
in
124 days)
|
| Target: |
$8.00
(+26.78%)
in > one year
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I reached that stage in life where I am slowly converting some of my portfolio too LT dividend paying stocks and closed end funds. Cornerstone Value Fund. Incorporated in 1997 CLM invest in US securities and pays out 16.40% in MONTHLY checks. 12 mo lo= 4.27 - HI += 9.35. All dividends are reinvested at this time. Only a sliver of monthly retirement plan some twelve years out but a great time to start at these levels.
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September 21
Need a tax write off?
This pick is about: Alesco Financial Inc. (AFN)
| Rating: |
$0.89 (09/21/08)
|
| Closed: |
10/18/2008
@ $0.65
(+26.97%
in
27 days)
|
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I am not going to say I am sorry for adding AFN to my portfolio back in 07. She has stopped dividend payment and fallen into the penny pit so I am selling half my position for a tax write off in 08 and holding the other half for 09. I said AFN was a hi risk with great dividend at the time. Movin on.
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January 26
Time to jump back in
This pick is about: Provident Energy Trust Trust Units (PVX)
| Rating: |
$9.77 (01/26/08)
|
| Closed: |
10/08/2008
@ $5.09
(-47.90%
in
256 days)
|
| Target: |
$13.00
(+33.06%)
in Six months
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Outside of all the complaints about the Canadian Tax taken out of every dividend payment (.01) PVX is a strong buy at and below ten. I'm back in.
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September 14
No Dividends
This pick is about: Alesco Financial Inc. (AFN)
| Rating: |
$0.8 (09/14/08)
|
| Closed: |
09/21/2008
@ $0.89
(-11.25%
in
7 days)
|
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AFN has made a major buy back of debt and suspended it's dividend payment. When the credit and housing market settle so should AFN. I am buying more at risk but also selling original shares for tax write off.
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July 11
Blow the taps
This pick is about: Alesco Financial Inc. (AFN)
| Rating: |
$1.53 (07/11/08)
|
| Closed: |
09/14/2008
@ $0.8
(-47.71%
in
65 days)
|
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I am selling my AFN after they declared "no dividend." However before the sale, which I will use as a tax write off, I am also purchasing more AFN at this new low price before I sell off original shares. Why? AFN as I warned, was a small high risk part of my portfolio. I need the write off but still am willing to risk a small amount on a five year window. Risk is the name of the game.
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June 17
Turn Around time
This pick is about: Alesco Financial Inc. (AFN)
| Rating: |
$2.53 (06/17/08)
|
| Closed: |
07/11/2008
@ $1.53
(-39.53%
in
24 days)
|
| Target: |
$3.50
(+38.34%)
in > one year
|
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It will be coming up on a year since I first added AFN to my portfolio. Despite a very negative market and AFN cutting her dividend she keeps pushing along. Investors are slowly starting to come back in and I finally feel more comfortable about her future. June 20 08 is x div. and I will be looking at picking up more shares. As the realestate market come out from under her cloud AFN will take off.
|
Update 07/11:
|
AFN will announce on 906 it's plans for dividend payout. With a current market price well below cash value of AFN the 2008 dividends will be paid out as planned. Look for a dividend cut for 2009 to .13 per quarter.
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June 20
Credit SUISSE HY BD DHY
This pick is about: Credit Suisse High Yield Bond Fund (DHY)
| Rating: |
$3.49 (06/20/08)
|
| Closed: |
07/11/2008
@ $3.1
(-11.17%
in
21 days)
|
| Target: |
$4.30
(+23.21%)
in > one year
|
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Founded in 1998 Credit Suisse High Yield Bond Fund operates as a nondiversified, closed-end management investment company. The fund's investment portfolio comprises investments in aerospace, automobile manufacturing, broadband, building products, cable, capital goods, chemicals, and consumer products sectors. Another addition to my IRA plan. Monthly dividends, reinvested now, and twelve year window to grow. Lo = 2.90 HI = 4.32
|
Update 07/11:
|
I just added more DHY just prior to this months dividend at 3.10.
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April 07
PTY is Hold PVX is Oil Slick
This pick is about: PIMCO Corporate Opportunity Fund (PTY)
| Rating: |
$14.35 (04/07/08)
|
| Closed: |
06/17/2008
@ $14.51
(+1.11%
in
71 days)
|
| Target: |
$17.00
(+18.47%)
in > one year
|
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|
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|
Sorry. I type to fast at times. PVX is off my buy list. PTY is a strong hold.
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April 27
Great upgrade-bad timing
This pick is about: New York Community Bancorp Inc. (NYB)
| Rating: |
$19.25 (04/27/08)
|
| Closed: |
06/17/2008
@ $19.95
(+3.64%
in
51 days)
|
| Target: |
$20.00
(+3.90%)
in > one year
|
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|
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NYB had a fantastic quarterly report and four analyst giving a four and three star rating. So whats the problem? None that I can see however as I mentioned in the past NYB which now yields around 5% is not a buy at anything over 17 dollars IMO. I picked her up at 16.32 over a year ago and have enjoyed a 6% return in addition to a number of CC that have reduced my investment to eleven dollars a share and growing smaller each quarter. Her 52 week forecast is around 18.10. NYB is a great income stock but not above 17. So if you do not have it in your portfolio already just put a watch on her and wait.
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May 03
AFN Keeps Moving
This pick is about: Alesco Financial Inc. (AFN)
| Rating: |
$3.74 (05/03/08)
|
| Closed: |
06/17/2008
@ $2.53
(-32.35%
in
45 days)
|
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|
The financial market is slowly turning around and AFN has survived. She continues to payout her high dividend and mm are slowly moving back into financial stocks. I may be adding more on a downturn, if that happens. AFN still has a gap around 2.32 to fill.
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December 22
Time to buy calls
This pick is about: American Express Company (AXP)
| Rating: |
$51.91 (12/22/07)
|
| Closed: |
05/03/2008
@ $50.33
(-3.04%
in
133 days)
|
| Target: |
$69.00
(+32.92%)
in > one year
|
|
|
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|
AXP is a very low dividend paying stock juts floating above her 52 week low. Now is the time to consider picking u some calls
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January 26
Risky with reward
This pick is about: Alesco Financial Inc. (AFN)
| Rating: |
$3.4 (01/26/08)
|
| Closed: |
05/03/2008
@ $3.74
(+10.00%
in
98 days)
|
| Target: |
$6.00
(+76.47%)
in > one year
|
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|
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I picked up AFN at 5.85 back in August 07 and rode her down. with two dividend payments and adding more shares at 3.66 my cost basis is now 4.11. She currently PO 37.60% and there is talk of a cut in dividend. Still far above what MM pays out. I have decided to sell CC on her. The market supported AFN just above three. A great buy at this price but only a portion of your portfolio. If I am called out I am still a winner.
|
Update 04/07:
|
I knew it coming out of the gate. A stock that pays out 30% dividend must be risky if not suicidal. As the money kept rolling in and the rumors of a cut in dividend became a reality the Anal List kept predicting it's demise. I held tight. The tide seems to be out now and I am just waiting for the surf to start pounding the shores again. Maybe not this year but the next full moon down the calendar. At 30% plus reinvesting dividends, some, and waiting to play options it looks like a great call. Lets' wait and see.
|
Update 04/27:
|
AFN continues to surprise nay sayers. She is and will continue paying her quarterly dividend one dollar per share and just seems to languish between 2.85 and 3.20. Trading has slowed to a more normal range and MF seem to be slowly moving in. My cost average is now down to four dollars and CC are still out of reach for my interest. When the current housing scare subsides, and it will, it will be to late to pick up this stock. I will be adding on around three or less.
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|
Still a buy
This pick is about: New York Community Bancorp Inc. (NYB)
| Rating: |
$17.31 (01/26/08)
|
| Closed: |
04/27/2008
@ $19.19
(+10.86%
in
92 days)
|
| Target: |
$20.00
(+15.54%)
in > one year
|
|
|
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|
NYB dropped to below 16, where I picked her up in 06' and I am almost certain it is a price we will not see again for a while. She pays 5.9% as of todays close 01/25/08. A few more cents and it is time to sell cc again.
|
Update 04/07:
|
The first quarter is done and I am already on my second options trade on NYB this year. My cps is now down to 13.00 since my purchase not including the dividend. Banking stocks have taken the heat, as they should , for the credit bubble popping. NYB is a buy under 17. Leaps are great.
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April 07
PTY oil slick
This pick is about: PIMCO Corporate Opportunity Fund (PTY)
| Rating: |
$14.35 (04/07/08)
|
| Closed: |
04/07/2008
@ $14.35
(+0.00%
in
1 hour)
|
|
|
|
|
I am out of PTY ST. It was a great dividend play but I believe oil has had it's st run up the flag pole. It is still on my watch list but under 13.50.
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January 26
Insider buying
This pick is about: Stein Mart Inc. (SMRT)
| Rating: |
$5.08 (01/26/08)
|
| Closed: |
04/07/2008
@ $5.81
(+14.37%
in
72 days)
|
| Target: |
$8.00
(+57.48%)
in > one year
|
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|
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|
CO of SMRT just place a buy order for 111k shares at 4.15. SMRT last two earning reports have been negative an the stoc itself has plunged from a 52 week high of 17.17. A small dividend of 4.94% at this level, coupled with options and two large gaps to be filled just above 6 and 14 dollars
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More about Locationh
Investment Style:
Moderate
[?]
More willing to take occasional risks while protecting assets from the risk of major losses. Portfolio is comprised mostly of solid companies with a history of consistently creating returns for investors, but includes some riskier holdings such as smallcaps, or foreign companies that will posses larger returns.
Avg exp holding time:
214.64 days
|
Age:
50's
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Occupation:
Motion pictures
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Location:
Hawaii
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Website:
myspace.com/hawaiilocations
About Me:

Investing say thirty years now.
Not a risk taker but trading stocks and options says different. Reco
... more

Investing say thirty years now.
Not a risk taker but trading stocks and options says different. Recovering from a major short fall in 2004. I was a DT but now a moderate working back up again.
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