Archive for August, 2009

Managing Your Credit Score

Saturday, August 8th, 2009

I became real good at managing my credit score 30 years ago, and have just been too lazy to write it up. There is a fairly good article at Dolans.com to get you there if you don’t know how.

How is this cheap lazy investing? First, there are lots of companies that will charge you from $5 – $5,000 to do what you can do for free. And if you have ever tried doing much of anything with a bad credit rating, you know it is hard. It is less work to maintain good credit than to re-establish it, and still less work to re-establish knowing what to do than guessing.

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Foolish Take on BofA

Saturday, August 8th, 2009

I went to the Fool site today to look into LEAP (and decided not to, thanks to the CAPS). The landing page had a really interesting article on BofA. I only hope they are right as it will make me feel better for exiting early (and profitably) on that one.

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AMERICAN ORIENTL BIO

Wednesday, August 5th, 2009

Ticker AOB is down today following the release of a fee-required report. Unless it is devastating, they should rebound. I actually took a little longer on my research on this and may have missed my entry point at 5.08. Will see.  The Fool CAPs like it. I may have  jumped too early, though, if askStockGuru is right.

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An If Scenario

Wednesday, August 5th, 2009

If I had a higher risk tolerance and more cash to spare, I’d be looking at Dean Foods (DF) today for under $19 a share. I think the drop today is just market jitters, but it could also be a precursor to an overall anti-rally (did I just coin that phrase?). Will try this on WSS and see what happens.

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PCP Oldy But Goldy Back on the Watch List

Tuesday, August 4th, 2009

I love the content at the Motley Fool, and if I ever get rich I will subscribe to their newsletters (the newsletter is definitely lazy, and cheap is always relative). Meanwhile, I get their teaser ads and the ones that actually tease me I go look up on the Gumshoe site.

This particular tease really caught my eye, and the Gumshoe’s thinkolator came up with a stock I looked at a long time ago (Precision Castparts Corp. (PCP)) and should have bought then. Now, I will hold off for the drop that askStockGuru is looking for today, i.e., around $74.

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Big Bang Bid Buy BIG?

Tuesday, August 4th, 2009

There’s a new newsletter I signed up for (Pristine) that pointed me at Big Lots (BIG).  My rule about buying the stock of the stuff I buy is about doing so early on, where I have been shopping there for years (in fact, the desk I am writing this from I bought there).

So, today the numbers look good. I’m cheap (are you getting that?), so I am going to wait on a pullback from the current ~$23 to somewhere in the 20′s . Hopefully it will be shortly before an earnings announcement as I notice they are good about providing a positive surprise there.

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Synaptic Strategy Success

Tuesday, August 4th, 2009

The play I chickened out of in the real world for SYNA and blogged here on Saturday worked out.  On WSS I picked up the stock at 24.99 and sold at 30.00 for a fast profit. Before I break my arm patting myself on the back, I know darn well that just as many plays have backfired, such as my repeated buys of FAZ on its way down to a huge reverse split that still has me holding and hoping for a break even that probably won’t come.

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Tis the Season for BioPharma

Monday, August 3rd, 2009

Picked up Oncothyreon Inc (ONTY) on 5/20/2009 for 2.86, sold 2/3 at 5.50 today to leave me free stock. While I could have made more if I knew they would have good news today, I’m satisifed.

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LHCG Looks Like an Interesting Gamble

Sunday, August 2nd, 2009

I ran across this in a hype newsletter. I say hype because there is seldom much substance other than “buy my newsletter for other great picks” and the stock has almost always done a big jump before it is emailed out, leaving me with the fear that the rise is over. And LHCG just jumped almost 9%. But…

If the new healthcare reform (which, from what I can tell, is still all talk) does happen, it depends on how they categorize this health service company. Then it could go through the roof or threw the grave. Most of the Motley Fool CAPs seem to be looking up. Smart bunch, but all long-term investors while I have a mortgage to meet.

askStockGuru has it at a 23.74 buy today, and from the charts it looks like one of those stocks a trader can have some fun with in the 24-25 range, so I’m goint to stick it on the watch list and take a closer look when it hits 24.50.

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ANDS Greed

Sunday, August 2nd, 2009

askStockGuru today is recommending to buy at 1.62.  Yahoo! Finance today shows a one year target of 4.67. I’m already happy owning a few share at no cost, but I am setting alerts for 1.80 and 3.50 for future thinking while I watch this stock.

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