I bought 5,000 National-Oilwell Varco, Inc. [[NOV]] @ $30.42.
UPDATE: I bought another 2,000 @ $30.03.
Disclaimer: If you buy NOV because of this post, your blog will get invaded my mindless idiots from the yhoo message boards. And, you may lose money.
If you enjoy the content at iBankCoin, please follow us on Twitter
Fly, the stock seems to act better than others in the group. What makes it your pick to click? Thx…
Awesome shit Fly. You’ve been on the ball, to give the understatement of the year and have singlehandedly made us, your loyal readers, buckets, truckloads of money. Thank you. And kudos.
UPDATE:
We just added fundamental engine of the PPT. So, all stocks will be scrubbed for technical and fundies.
Developing…
Flyza Manelli – what will you do with all your USD profits when we become more like Iceland?
Time to head to Everbank fellas.
lucky to have cashed out of Moscow banks,
Biggest bank in Moscow just failed,
not letting any withdrawls,
25 billion taken out in 2 weeks,
rest of russian banks failing this week
What’s the name of the bank, Jimbo?
mmm fundies
sharp clawed bears are on the horizon it looks like
Almost all the metrics I’ve looked at for the DJIA indicate the bitch is going DOWN. Furthermore, Europe and Japan have already made big moves this week, as has the US, so I doubt we will be surprised with more positive news this week.
That is to say, grab the SKF train to buckets of coin right now.
Fly you can’t say Mother Fucker until Dow 11,000 , wasn’t that like last week
USA Bank and Trust ….the new DMV.
Does this mean no more Choclate Chip cookies and Free Coffee? Whats TCaddy gonna do?
Disclaimer: If you buy NOV because of this post; The Flys blog will turn into The Fly of Hope and he will only post his direction, not specific stocks. And, you may lose money.
Sold NOV this morning in the 33’s and just bought it back again in the 29’s.Riding with The Fly.
Fly – Have you sold out all of your UYG, or did you take partial profits?
If you don’t like the market, stay in cash.
Shorts will continue to be flame broiled until they give up.
Iceland stocks down 77% after market was shut down for three days. Sends a shiver up my spin.
http://bespokeinvest.typepad.com/bespoke/2008/10/iceland-feels-t.html
I sold my NOV on the open … since you are the man, I’ll look to reenter
Lumpy is being a bully and picking on the Beaver. I hope Wally hires Sniper6 and takes him out.
PPT Fundamental Rank on NOV (5 is highest score):
PPT Fundamentals
Debt/Equity 5
PEG Ratio 5
Price/Book 5
Price/Sales 3
Profit Margin 4
Sub Rosa 0
Final Score 4.56
PPT Recommendation: Strong Buy
What the heck is “sub rosa,” besides the obvious, I mean?
_____
I sold NOV more than 3 points higher where it is now.
It is my belief, NOV is a victim of forced selling. Fair value for the name is north of $50.
So, if I can leg back into the fucker after a drop, I will do so.
Sub Rosa in Latin, means “secret.”
You can deduce what you will from that, good Sir.
… or under the rose. Or it’s like the PSA test and 0 is good ( I think).
Sold NOV at $32.00.Hope for another pullback.
Just bought back low 29’s.