Skiracer's stock slopes

[Websman]

Oh man I thought HOV was cheap at $1.30, today it's at $1.07. Will they go BK? Looking at my portfolio it's like looking at a boiling lobster (all red). Yike!

I'm putting HOV on my watchlist...

[wooish]

NYB tanked after earning report. I'm looking to buy some around $11 and then some if it goes lower.

[skiracer]

[QUOTE=wooish;111187]NYB tanked after earning report.

I've been watching it make a base along this recent level. It could be forming a cup base as a cup and handle pattern and if this is the bottom, which started back in August, it probably is a good time to start looking to make a entry and pick some up. But it's a very volitaile market now and you cannot count on anything.

[billyjoe]

My little neghborhood bank, FCZA, has sent me a letter saying they are resuming a dividend payment after a 3 year absence. Maybe that explains the 12% gain this week.

------------billy

[skiracer]

NJR is rocking today. up 1.12 @ $46.52. If it keeps this up and gets around $48/50 range you can expect another 3 for 2 or 2 for 1 split. That would bring it down to around $25-26 range and another great opportunity for an entry. I'll keep you posted. This is as good a stock and trade opportunity as I have every had and have made a ton of money on it over the past 30 yrs. or so. I've always implored my friends to start accumulating it right after a split and it's getting ready to do it again. Worth a look guys and never to late to start accumulating and setting it up in a drip. It's been almost 35 yrs. for me now and with it in a DRIP account I have been letting the divys ride and turn back into shares. Never once in 35 yrs. have I taken a nickel out of it. It has created quite a pile for me. Every couple of years it splits and then runs back up again to split again. Just like clockwork and as close to a sure thing as I know.

Get ready Billyjoe.

[billyjoe]

Great news, Ski. I should have bought when you first mentioned it, but I'm also raking it in although 30 some odd years behind you. Why can't we find 4 or 5 more like it?

----------billy

[billyjoe]

Who needs analysis, just listen to Ski. But just to check out his cred look at this: http://seekingalpha.com/article/2997...s?source=yahoo


--------------billy

[skiracer]

I'm putting HOV on my watchlist...

HOV up .12 today at $1.53. That's over 10% for the day. I hope some of you bought some when it was under $1.10.

[skiracer]

Billyjoe,
NJR up $.98 today @ $48. Getting near that split range. Get ready![/B]

[riverbabe]

HOV up .12 today at $1.53. That's over 10% for the day. I hope some of you bought some when it was under $1.10.

$1.49. It's GREEN today!! (Along with NVDA & TDC and Wynn short).

[Deaddog]

RB Your short????

[riverbabe]

RB Your short????

long NVDA & TDC, short WYNN with tight stop.

[skiracer]

I haven't been trading as much as I usually do but I have been tracking a few stocks. I mentioned one in particular awhile back when it was around $1.07 / $1.10 range. Closed Friday at $1.58. That's a 45% gain to date. Here are two more that I have been tracking but have not bought yet. But I think come Monday a.m. I will get my feet wet with both of them. GCA and TASR. I'll post a chart on both later on tonight or tomorrow. Here's another sure bet. NJR is up over $47 again and getting close to where it will split again 2-1 or 3-2 usually. Buy on the split and put it away somewhere dark and wait another couple of years and do it all over again. Ask Billyjoe how good this one is. Strictly a looooong term hold for the retirement acct.

here are the two charts on GCA and TASR.


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Uploaded with ImageShack.us

[billyjoe]

njr

Ski,
As of today my two accounts holding NJR, both retirement accounts, are up 42.46% and 47.32%. These numbers don't take into account the number of free shares earned from reinvesting dividends. For example, another stock paying over 11% dividend, IDE, in my retirement fund is down more than 15% from my purchase price and shows a loss on the books but with reinvesting I'm actually to the good.


------------------billy

[skiracer]

Check out the two charts I posted on GCA and TASR. I like them both but TASR looks like a great longer term trade. And both are quite cheapo right now.