I like a few things here. One, as all of you know, are the refineries. My favorites are WNR and VLO. To hedge that, I am long airlines. Anyone that travels knows planes are packed to capacity and they are charging outrageous prices again. This is a classic Econ 101 play, where demand outstrips supply leading to higher margins. Should oil ever fall back, airlines will rip tits. My favorites are LCC and DAL.
I’ve been looking into food safety plays, due to Japan, and found NEOG. Any of you fuckers know the name?
In the tech space, FORM and TER are my favorite plays. Go take a look at FORM’s balance sheet and their new order from Elpida. Without a doubt in my mind, FORM is a $16 name.
Like I said last night, 2011 has been a hard trading year, but I have a plan. I know the sectors and stocks that should outperform. It’s simply a matter of executing my plan without getting distracted from novelty ideas. It’s worth noting that both MOTR and BORN were novelty ideas and ended up costing me lots of fucking dough.
Until I am satisfied with my returns and have room to breathe, I will be sticking to core thesis plays and avoiding short term trading opportunities, no matter how much they tempt me.
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The Q on FORM is when is it a Fly buy?
What if oil stays high but crack spreads narrow?
I wonder what trading nympho thinks about the airlines…
Guys, any thoughts on CDCS? Have a look at their balance sheet.
Fly, how rich would u be if you still held all that FTK?
WINNERS like Flotek float to the top – that’s all.
Perhaps there are other energy stock plays to look at, like THPW (up over 80% ytd). Obviously, some believe that thorium is the answer to the nuclear safety question. Nuclear accidents also have a military-industrial-complex genesis:
“Safe nuclear does exist, and China is leading the way with thorium”
“US physicists in the late 1940s explored thorium fuel for power. It has a higher neutron yield than uranium, a better fission rating, longer fuel cycles, and does not require the extra cost of isotope separation.
The plans were shelved because thorium does not produce plutonium for bombs. As a happy bonus, it can burn up plutonium and toxic waste from old reactors, reducing radio-toxicity and acting as an eco-cleaner.”
http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/8393984/Safe-nuclear-does-exist-and-China-is-leading-the-way-with-thorium.html
Read more: http://www.businessinsider.com/libya-tuesday-march-22-2011-3#comments#ixzz1HL30869r
You forgot to mention that thorium is much more plentiful and inexpensive in nature.
But the crux of the matter is: Plutonium is a useful byproduct that everybody wants. Medical uses, war machine uses, industrial high-tech uses, research, space technology…
We live in a crazy mixed up world where thorium stays on the drawing board uranium demand will outlast me.
Is OPEN a novelty idea or a core thesis play?
Surprised you don’t stick with silver. You gave up on it early. It’s been out-performing in 2011.
Hey guys total newb question…. please bare with me as I am new to the investment world………. what specific totals are you looking at on the balance sheet of a company to determine its value?
Whats up with FTK???????????????
Look back a couple years. FTK was a $50 stock in late 2007 before the crash. If they have all their management problems sorted out and keep sales going up it could get there again.
I’ve seen more than a few farms around here with Di-Kill sitting on the shelves.
NEOG is a solid company with a broad range of products in different but related fields and they have done well in bringing products to a variety of fields while staying close to their core area of expertise.
Good call Fly