Any good stock picks?

[Snowx800]

Hi I have been doing everything like you should. Max out me and wifes simple Ira , Roth IRA and put money in my taxable ( total stock market). I'm staying on course with this.

I'm just looking to pick and play with some stock picks. I like to gamble a little

T

 

[Fermion]

Thompson Creek might give a good return if you can get in around $3.50 or so. They will be going from $0.01 in earnings to about $1 in earnings over the next two years, and I don't think a PE of 3.5 will last very long. Revenue will also increase about 600% soon when their new mine comes online (copper and gold).

 

[heeyy_joe]

Check out Cincinnati Bell (CBB) - $3.50 stock with recent insider buying, and there are some rumblings about it being an M&A target.

 

[oldnews]

I've made over 30 % since Jan. 2013 in DIS.

 

[domebardo]

Check out Oceaneering Int. Inc. (OII).

 

[MichaelB]

Check out Oceaneering Int. Inc. (OII).

You work there, right?

 

[domebardo]

Yea...in fact I am offshore right now. Good company...plenty of work and growing/hiring.

 

[Snowx800]

Thompson Creek might give a good return if you can get in around $3.50 or so. They will be going from $0.01 in earnings to about $1 in earnings over the next two years, and I don't think a PE of 3.5 will last very long. Revenue will also increase about 600% soon when their new mine comes online (copper and gold).

Bought some at $3.60

 

[aja8888]

TC upside is dependent on the price of Moly (which is dropping) and the start up of the Mt. Milligan operations. Of course, gold and copper prices must remain favorable. Lots of gambles with TC, and the entire mining industry. Note that China is mentioned as a catalyst to mine products demand and price increases.

 

[perrytime]

BBEP looks like it is headed back up

 

[Fermion]

TC upside is dependent on the price of Moly (which is dropping) and the start up of the Mt. Milligan operations. Of course, gold and copper prices must remain favorable. Lots of gambles with TC, and the entire mining industry. Note that China is mentioned as a catalyst to mine products demand and price increases.

I got in at $2.45 so I can take quite a bit of downside from here, but I think the risk is fairly low at $3.50ish.

They sold 52% of the gold stream for financing at a fixed price in the low $400s to Royal Gold, so the price of gold dropping might not have quite the large effect on them that it once would have. On the flipside, they have to sell 52% of their gold for only $400 and change

I will be shocked if the stock is not trading above $4 in August when they start pulling copper and gold out of the ground at Mt. Milligan.

I would love for this to do a JASO and go up 70% in one day.

 

[aja8888]

I got in at $2.45 so I can take quite a bit of downside from here, but I think the risk is fairly low at $3.50ish.

They sold 52% of the gold stream for financing at a fixed price in the low $400s to Royal Gold, so the price of gold dropping might not have quite the large effect on them that it once would have. On the flipside, they have to sell 52% of their gold for only $400 and change

I will be shocked if the stock is not trading above $4 in August when they start pulling copper and gold out of the ground at Mt. Milligan.

I would love for this to do a JASO and go up 70% in one day.

Great price to get in at! Wish it was me..

The real deal is the future price of moly since it is a primary alloying agent in steel. Let's hope the world economy picks up when this new mine starts.

I have a bad memory about moly mines having been with ARCO in the early 1980's when we built a $250 million moly mine in Tonapah, NV and moly prices fell off the table when we went to fire up the mine for full production. The mine was shut in for years.

 

[Fermion]

Well, let us hope that copper demand doesn't fall off a cliff (and moly) as this might mean world growth has slowed or gone negative, which would be bad for all of our stocks.

A positive on TC this weekend. Hedge fund has been buying in recently and also the S&P upgraded the outlook from negative to positive (haven't confirmed this yet, but I think it is true)

Kind of reminds me when the family company on Arrested Development got upgraded to "don't buy" and they were all so happy

 

[Fermion]

I took a couple thousand Thompson Creek shares off the table today and booked some profit. Sold them at $3.78 which is well above my $2.45 price.

This is probably a mistake, since some indicators point to the stock breaking $4 in just a few weeks and maybe $5 by end of year (huge volume on Sept $5 calls).

I likes profits though.

 

[aja8888]

I took a couple thousand Thompson Creek shares off the table today and booked some profit. Sold them at $3.78 which is well above my $2.45 price.

This is probably a mistake, since some indicators point to the stock breaking $4 in just a few weeks and maybe $5 by end of year (huge volume on Sept $5 calls).

I likes profits though.

Never feel bad about taking profits.

I did the same with OHI last week. Sold my whole position.

 

[Snowx800]

I took a couple thousand Thompson Creek shares off the table today and booked some profit. Sold them at $3.78 which is well above my $2.45 price.

This is probably a mistake, since some indicators point to the stock breaking $4 in just a few weeks and maybe $5 by end of year (huge volume on Sept $5 calls).

I likes profits though.

Good for you that's what we're all hoping for

I just bought CGIX cancer genetics @ 11.80
Will see.

 

[dunkelblau]

Fan & Fred showing signs of life these past few days. And the busted MIs. But normally solid mREITs taking a dump. Sector rotation so to speak?

 

[Fermion]

I stay away from biotechs after holding VNDA for over a year and having it stagnate at about $4, then finally selling it and buying into AFFY and having it collapse like a Finnish smart phone company. I then made the mistake of checking back into VNDA to see how it did and it is trading at $8+

 

[Snowx800]

I stay away from biotechs after holding VNDA for over a year and having it stagnate at about $4, then finally selling it and buying into AFFY and having it collapse like a Finnish smart phone company. I then made the mistake of checking back into VNDA to see how it did and it is trading at $8+

There is a chance that AFFY is coming back if
the drug is cleared.

 

[edteach]

Ideas on what to do with portfolio?

I have about 1,250,000 saved in equities and CDs, annuity's.
Out of that 250k is in a joint Trade account in equities. another 115k is in equities but in IRAs for me and my wife.
In our joint account we have:
AA 4300
ACMP 7500
BAC 1350
BP 24675
BUD 9200
COP 40500
CPL 2100
DBD 1100
DDD 4850
DUK 3500
ED 27100
F 2700
GE 2300
JCI 400
KMP 4100
KO 8500
MRK 1200
OLN 2200
PBR 2000
PFE 1400
PG 7000
PSX 9000
PZE 900
RGR 1200
SD 1600
SNE 1000
SO 13000
SWHC 600
T 2300
VLAX 300
VFLTX 6300
VLO 1000
VZ 1200
WM 1100
WY 6700
XMO 41300
YGE 300

Any of these look like a bad investment? I reinvest the dividends. I was also thinking of selling off most of them and buying 3 month options to buy at current price in case of a mass sell off in the next month. Ideas? Even at the last sell off I am up about 10 percent over all at this moment.

 

[katwillny]

EDTeach, I have considerably smaller holdings in 7 of the ones you listed above. Recently started investing in individual stocks and its a learning curve. I see the losses as part of my tuition. I am up about 12% in my portfolio. I hope to one day reach your numbers or close. I am DCA every two weeks approximately $1500 since February. My strategy thus far has been purchasing additional shares of companies that are doing well and so far I have only sold one holding (MKTO). This was an impulse buy the day after their IPO. Like I said, its part of the learning curve. Didnt really answer your question, just thought Id share my story since I own some of what you own.

 

[edteach]

Kat, Thanks for the reply. I tried to do a diversification to take down my exposure to a down market. I have some very small amounts in some high risk stocks, but its only been my dividends I put in. I like solid American company's that have paid dividends for 70 to 100 years. KO is one that comes to mind.

 

[Fermion]

Ed, your COP, XOM (you wrote XMO) and BP are around $100,000 alone...that is a pretty big bet on oil.

I don't see much tech in there...no msft, csco, appl, goog, intc....four of those 5 pay a nice divy too.

 

[jimnjana]

BBEP looks like it is headed back up

Great price on BBEP right now thanks to the hysteria over at LINN. One of the cofounders just plopped over 400K in new shares. Picked up some last week and adding more LNCO as well.

 

[ownyourfuture]

I'm new here & don't want to ruffle any feathers. but I'm a little shocked at some of the stock suggestions.

Penny stocks ?
Someone mentioned thompson creek TC at 3.50 per share
It's now 2.87

Cincinnati Bell was another, also at 3.50 per share
Now 3.20

I'm not saying you can't find a big winner in this area now & then
and either one of these could turn into (big) winners, but I would avoid them.

No disrespect to those who recommended them.

Steve