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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Wednesday, January 03, 2007

FORG should trade higher.

FORG closed @ 1.58

Last quarter's results weren't bad at all. Not really sure what it is that this company does. I like it more for a trade rather than a long term investment.

See if there's any dip for entry.

Short to intermediate term trade.

44 Comments:

Anonymous Anonymous said...

January effect will take stocks like PNTR up from here. World markets are already rallying. PNTR is a great little company with great numbers, great growth and such a small float, about half a million, which is peanuts. Market cap is so tiny as well. This thing has lots of room to go up. With $7M cash it will look for technologies helping its south american expansion. $11 is the bottom. Look for 15-17 range in Jan.

Ted

Wed Jan 03, 07:07:00 AM EST  
Anonymous Anonymous said...

Good one Ted!

Wed Jan 03, 08:13:00 AM EST  
Blogger beanie11111 said...

JSDA:

I will be buying some JSDA for keeps today. If Cramer is wrong about JSDA being the next HANS, i'll send him my left over sodas. So far, all the Jones i've tried are nasty.

Wed Jan 03, 08:25:00 AM EST  
Anonymous Anonymous said...

Why would you buy JSDA? It has a crazy forward p/e and you dont look the soda?

Wed Jan 03, 08:34:00 AM EST  
Blogger beanie11111 said...

JSDA:

yes the pe is astronomical right now, but a national rollout of their products should fix that

Wed Jan 03, 08:36:00 AM EST  
Blogger beanie11111 said...

Ok, as i've said before, i will not make as much comments as before, after giving out my pick for the day. So either i'm researching, settin up trades, or trading frantically, taking a nap, or out running an errand.

good luck!

Holy cow, who on heaven's earth is bidding up CPSL like this?

Wed Jan 03, 08:39:00 AM EST  
Anonymous Anonymous said...

Congrats on whoever picked CPSL!

Wed Jan 03, 09:58:00 AM EST  
Anonymous Anonymous said...

XNN looks like it waking up

Wed Jan 03, 10:30:00 AM EST  
Anonymous Anonymous said...

RNIN is definetely picking up some volume...

Wed Jan 03, 10:44:00 AM EST  
Anonymous Anonymous said...

HIHO another china/hong kong stock with a small float taking off.

Wed Jan 03, 10:48:00 AM EST  
Anonymous Anonymous said...

RNIN is breaking out! BUY!!

Wed Jan 03, 10:52:00 AM EST  
Anonymous Anonymous said...

Don't forget ASIA

Wed Jan 03, 11:25:00 AM EST  
Anonymous Anonymous said...

MIVA in at $3.80 due to intraday support ... watching carefullly to see if this level holds .. nice volume today

KP

Wed Jan 03, 11:49:00 AM EST  
Blogger RA S said...

PFSW is a possible play..Just signed RVBD, Lego and FatHead LLC

Wed Jan 03, 12:23:00 PM EST  
Anonymous Anonymous said...

CYD is now launching off. Buy on any dips.

Wed Jan 03, 12:31:00 PM EST  
Blogger TV107 said...

short FFHL
will close dip if not close below 14 by day end IMO

Wed Jan 03, 12:42:00 PM EST  
Blogger beanie11111 said...

wow, market gapped and crapped! lol

Wed Jan 03, 02:27:00 PM EST  
Blogger beanie11111 said...

JSDA:

worth buying a little at 12. Some guy didn't like it at these prices.

Wed Jan 03, 02:29:00 PM EST  
Anonymous Anonymous said...

No thanks! I'm already down $400!!

:-(

Wed Jan 03, 02:37:00 PM EST  
Blogger beanie11111 said...

that's because you like to buy on rises and not dips! lol

Wed Jan 03, 02:47:00 PM EST  
Blogger beanie11111 said...

i swear, Vonage the Dog has the stupidest customer service reps in America? Yikes!

Wed Jan 03, 02:59:00 PM EST  
Anonymous Anonymous said...

Hey BEanie,
This market looks over sold, where should we put a few bucks for a possible turn around tommorow?

Wed Jan 03, 03:04:00 PM EST  
Blogger beanie11111 said...

lee,

i dont know about a turnaround. It may be the start of a short term trend. Today's trading is very negative. Gapped up huge and crapped huge. Not what you wanna see. You probably want to be careful this month. Save some money and buy when there is more blood in the streets.

Wed Jan 03, 03:21:00 PM EST  
Anonymous Anonymous said...

Thanks!!
I am shutting down for the day.

Wed Jan 03, 03:25:00 PM EST  
Anonymous Anonymous said...

DIVX still a hold or add here?

Wed Jan 03, 03:28:00 PM EST  
Blogger beanie11111 said...

anonymous,

DIVX has support at 22. I wouldn't be adding this soon. Cramer said to sell not too long ago.

Wed Jan 03, 03:31:00 PM EST  
Blogger beanie11111 said...

DIVX:

Cramer basically said he no longer likes the stock. lol


Do fundamentals really change that fast? If you gonna run with cramer, you better sell with cramer.

Wed Jan 03, 03:32:00 PM EST  
Anonymous Anonymous said...

Cramer is an idiot. You run with Cramer, you lose. Simple as that.

Wed Jan 03, 04:07:00 PM EST  
Anonymous Anonymous said...

Any idea on the action of TRMM? Did they shake out the weak hands or what? I don't know about my hands, but my knees are weak!

Jim

Wed Jan 03, 04:26:00 PM EST  
Anonymous Anonymous said...

i have divx and plan to keep
i am also wondering about trmm

greyhoundlas

Wed Jan 03, 06:23:00 PM EST  
Blogger beanie11111 said...

JSDA:

This will now be my favorite long/short play for awhile until it's done.

I now have a position and looking to add on further dips

Wed Jan 03, 07:02:00 PM EST  
Blogger beanie11111 said...

wow, i'm impressed that we got back some positive market mojo. It didn't finish as bad as i thought it would. Both Dow and Nasd closed in the green. The bears are trying really hard to dice and slice the market.

2007, in my opinion, should be a great year for the markets.

Take any deep corrections to load up. As long as you don't use margin, you should be fine.

It's ok to buy a little bit on every big one day dips like today when it was down -20 (Nasd).

All the bigger stocks i have an opinion of last year i still like all of them alot and believe they will do well.

Wed Jan 03, 07:12:00 PM EST  
Anonymous Anonymous said...

Beanie:
Again any feelings about TRMM? Thanks

Jim

Wed Jan 03, 08:23:00 PM EST  
Anonymous Anonymous said...

i will also get jsda tomorrow
any thoughts on trmm??

Wed Jan 03, 09:07:00 PM EST  
Anonymous Anonymous said...

i hope u loaded drms.ob today

forming a handle

might pop soon

sorry beanie for posting this
but i believe its easy money

Wed Jan 03, 09:19:00 PM EST  
Anonymous Anonymous said...

Beanie, just a general nagging question that I have been thinking about...

You post a recommendation and everyone jumps on board. As the days pass you recommend others. The first recommendation is going sideways or even down. Everyone is posting wanting to know what you now think of it. Post after post....

Would it be a safe assumption that you stand by all of your official recommendations (unless bad news exists) even though they might be sliding a bit?

In other words, would-you/have-you-ever come out with a post that would say something like, "Oops, I was wrong about the stock ????! Exit ASAP!"? If so, how far back would you do this?

Wed Jan 03, 09:51:00 PM EST  
Anonymous Anonymous said...

SEED is the one Chinese company with growth that hasn't move.

I'm buying on every dip.

Wed Jan 03, 09:55:00 PM EST  
Anonymous Anonymous said...

don't you all think you should back off from beanie?? this is his blog and he is recommending only things he would buy he doesn't deserve the @#@t or the heat-- today was a strange one i bet plenty of us made bad buys early in this day!!!! we still have tomorrow to recoup

Wed Jan 03, 10:18:00 PM EST  
Anonymous Anonymous said...

correct me if i'm wrong, but i'm sensing that many on here are thinking that Beanie has lost his mojo and are starting to second guess his recent stock picks. only time will tell of course, so i strongly recommend that everyone remain patient and give Beanie the benefit of the doubt. Enough said!

Wed Jan 03, 10:47:00 PM EST  
Blogger beanie11111 said...

Jim,

TRMM is going higher this year. No worries here. Just a bit of consolidation.

Wed Jan 03, 10:53:00 PM EST  
Blogger beanie11111 said...

anonymous,

I stand by all my picks (unless bad news comes out that i got no control of). I may have forgotten about them but i still stand by them. The daytraders that follow them will likely be the first to reap the benefits. (As daytraders, we tend to try to look for new opportunities that give us better yield. This is not recommended for most people.) The rest of the non-daytraders may end up getting hit with consolidation because they weren't fast enough to get out when the daytraders take profits or they were chasing the stock up instead of waiting for a correction. The nondaytraders should think about multiple entry points rather buying everything in one big gulp.

Wed Jan 03, 10:58:00 PM EST  
Blogger beanie11111 said...

JSDA:

i think this stock will be in play for some time. It's a cult alright. I went out to Target and bought some new flavors to try.

Yikes! Still tastes like crap. Are people buying Jones just to see how much nasty they can take? lol


Please give me some flavors you think are really good.

Wed Jan 03, 11:02:00 PM EST  
Blogger beanie11111 said...

Oil stocks, i believe, are in danger this year and could get hit really hard. Why did oil trade at 80 in the first place? Thanks to the pumper Boone Pickens?

Stocks to short, and many others in the sector:

BHI
FTO
HAL

Wed Jan 03, 11:11:00 PM EST  
Blogger beanie11111 said...

I wouldn't worry about FORG. There should still be alot of umph left in the stock. Feel free to buy the dips.

Thu Jan 04, 07:02:00 AM EST  

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