Find your way with GRMN!
GRMN closed @ 118
This stock has been recommended here many times, starting under $50. It is still a great long term investment. There are very few techs that pay you a dividend of .75 per share. GRMN has been increasing their dividend steadily throughout the years. Just a great company all around.
Global positioning systems are here to stay and will be with us for a long long long long time. GRMN is the undisputed leader and ought to be in your IRAs.
I believe that GRMN will eventually see north of 100 billion market cap (4x where it is now).
Buy buy buy!
This stock has been recommended here many times, starting under $50. It is still a great long term investment. There are very few techs that pay you a dividend of .75 per share. GRMN has been increasing their dividend steadily throughout the years. Just a great company all around.
Global positioning systems are here to stay and will be with us for a long long long long time. GRMN is the undisputed leader and ought to be in your IRAs.
I believe that GRMN will eventually see north of 100 billion market cap (4x where it is now).
Buy buy buy!
posted by beanie11111 | 11:54 PM
46 Comments:
Looks like Gosu will be arriving late to the party. LOL
Beanie is high now. Good sign.
This blog is dead without Gosu damn!
Not so, JakeGint. If you look at the number of profile views, the number surpasses even Tim's blog.
Bears all over the country are startin to feel lots of hurtin. They are mad and they are confused. The market is supposed to go down when it's overbought, but it hasn't. They keep on shorting and they keep on covering.
I think the most they gonna get (if lucky) is a few days of selloff and then we resume our run into year end.
Remember that next year is the election. We all know that whatever Bush wants he gets. And certainly he wants a great stock market going into the election.
Good morning all the longs. Where's Gosu? Trying to find a another subprime loan to refinance his trailer park?
Short This!
Gosu infamous September 30th is coming. It will be the day that he capitulates.
TV,
Hope you're not shorting BIDU today.
I knew it was only a matter of time before Gosu's smugness would bite him in the ass. KARMA!!
It just goes to show that if you make 100 predictions you are bound to get it right sometimes. In the stock market there will be times when the market makes you look like a fool.
Thanks CPSL. Isnt someone going to chime in and say that it QUADRUPLED now?
this market makes zero sense to me here. I'll probably be out rest of day lest I break something by throwing computer out the window.
CSUN's report was just horrendous and guidance was worse than brutal...and it's up 10% today as they move right down the quality curve in chinese junk looking for momo.
screw this. my analysis is useless in this environment as is my trading style. just buy low quality chinese junk and wait for the hyenas to run it up I guess.
You guys sure do miss me. :-)
Obviously, I wasnt counting on Fed for the bailout in the third quarter. I was expecting this quarter to end like one the one in 2002.
Shows that I am still learning.
I am up 20K on YGE. Should I take some profit or let it ride?
Beanie? Thanks man. U da man..
Give me your thoughts.
Congrats if you own TSL. It got upgraded today. Incidentally, if you had bought calls on our call at $40, that would be another 10-bagger.
The only times where options are worth playing, imo, is when stocks have gone to extremes and you go the opposite direction.
anon,
i believe YGE is going much higher than $40.
But if you like, sell 1/2 and sleep well with the other 1/2.
I think we are due for a correction today and tomorrow. I hope to be wrong so the bearsilons can get seriously hurt.
any stock to short beanie?
oozze,
If the market corrects, you can pretty much be assured most stocks will go down.
GRMN looks like it's not gonna make it today, for instance. Don't get me wrong, GRMN is still one of my favorite stocks, if not the top 3 favorite.
My top 5 favorite growth stocks as of now are:
GOOG
GRMN
FSLR
SPWR
VMW
Solar stocks are only in their 1st-2nd inning. Of those 6-7 listed yesterday, i believe 1/2 of them will be at least 10 baggers by 2010.
Gives ya something to think about, doesn't it?
Buy and hold. Buy on dips. Buy buy buy!
Thanks Beanie. Your da man!
Weakness in gold stocks, so maybe same weakness tranfers to titanium.. I bought the RTI 80PUT..RTI.at least has to retest 50 day= 72 or so..and it’s a prime candidate to fail at the 200 day, seeing how it issued profit warning, back when RTI was $88..
YHOO is short now or at 27.5 = 200 day
ZEUS at it's 200 day, probably fails there
GT quad top at 30, looks like a good short...GT 35 PUT ..100 day 200 day trap...today is first day over 200 day and 100 day is just 50 cent higher...I think GT fails when GM fails, and GM probably fails tomorrow, when GDP is 3.5%, and the market will probably be disappointed that that means NO more interest rates, for a while...
I might be wrong and often am but over the years I have found micro crap stocks are spiking is a sign that a market run is near an end.
Based on that, I think we will see a 3-5% pullback between Friday and next Fed meeting. Cramer, by the way, is also feeling the same.
I not shorting the market though, just waiting for the pullback to jump in hard since I think after this pullback, we will see a major bull run into Xmas.
DJFSMR
Another GM related stock is NUE, if you think GM is going to tank, then short sell NUE, and besides NUE is at 200 day, and probably fails at 200 day...
Even NSM looks like a short, but i forgot why...i think it was the 100 day
last week i said wait for SPG short at 102 / 103,now look it.. down..$5..
here's my reasoning, these companies are coming from so far under their 200 day, that they just can't break above that resistance, and a wise trader once told me, once a company goes below it's 200 day, it's bearish
zee
JSDA is moving guys....
Z,
I bought 2 contract bidu @280 put for october. why the price movement as not as fast as i expected or compare to other stock?
YGE:
i've wanted ya in since 17. The mean analyst projection is $110 within a year. I just take a measly $40 just to get ya started, to get your appetite wetted. Every trader, imo, has this YGE pegged at $40 just like how JASO ran. YGE is a New York Exchange stock, so you know there's credibility to this company. Too cheap is what i think. Too cheap. Technically, it's now high blue sky with no resistance except the natural resistance at $30. C'mon, every trader and their sister already feel that going thru $30 is like slicing butter with a hot knife. Too easy a hoop. Too easy.
I'm feelin $70 coming to YGE by mid next year. I'm feelin it.
Beanie talkin to himself:
"If you people still haven't gotten some YGE, i'm gonna fire your arses and send you home."
The end.
beanie,
any slam dunk options?
thanks
aymon
CPSL -- everyone get outta the pool!
oozze
BIDU and GOOG, if you want more delta, buy the $3000 contract...
or wait for a $30 move...
like CME
I could have picked up the Oct 580 call CME yesterday, for 3.20...and i started too, and now it’s $19.00
ok beannie, picked up the OCT 30 call YGE 1.90
zee
i can buy more on any dip, OCT 30 call at 1.00 price plays like two jacks, double up..
Hey GOSU,
need a little help...when does the market correct? does the market keep going range bound? end of Oct,market straight up?
zee
beanie,
In june/july you noticed that there were a lot of Aug puts being bought, which indicates that people were expecting the market to go down big. At that time the market was still very bullish. Are you seeing the same high level of Oct puts being bought?
thanks
aymon
aymon,
At this point forward, we could get a small correction but that would be it and we rally into year end. The lows have already been established and the longs already capitulated that fateful day.
CRM:
This stock has been sleepy for months but i think it's about to take off. I still like it and i still believe it will become a behemoth like ORCL.
z-stock said...
Hey GOSU,
need a little help...when does the market correct? does the market keep going range bound? end of Oct,market straight up?
Don't feed the Troll.
Guesses on what tomorrow brings us? I think we will have a decent up day. Solars will lead the way, followed by tech.
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