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George Gorski

 
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  • Time To Invest In Canada Again? [View article]
    I agree, I flipped my US stocks to get the benefit of the exchange and because the suspect US$ is going to crash shortly. The retail price of CND oil /NG stocks is about 1/4 to 1/3 of the 52 week highs as of Friday. With low crude and NG prices, the credit squeeze, OPEC set to lower production and new projects being shelved for a long time. This all points to higher oil/NG prices. Even with a 5 year horizon, there are many reasons to buy CND oil/NG stocks now.
    Oct 13, 2008. 10:35 AM | Likes Like |Link to Comment
  • Investment Strategy: Try to Catch a Falling Knife? [View article]
    As I see it there are 3 steps to avoid a world depression. Retailers sell at 4 times the wholesale purchase price; 1/4 for the cost of the commodity, 1/4 for expense, 1/4 for profit, 1/4 for growth. The stock market is comprised of stock retailers, since quality stock prices are now between 1/4 to 1/3 of their 52 week highs, there is buying activity as of Friday Oct. 10, 2008. The financial sector bailouts will not turn this market around because the fundamental problem has not been fixed. Nor will devaluating all commodities help. The world will expect a lower price for US manufactured goods, if the price of their own commodities are lower. The main problem is the US trade deficit. Before the US dollar drops from the sky in the coming months, the US should be going back to the G7 or G20 conference table now and negotiating Balanced Trade Agreements with nations, for example, an equivalent value of GE goods traded for an equivalent value of crude oil. No surplus or deficit allowed. This would restrict the amount of trade to China, since they are reluctant to spend their surplus on US goods. The US should shop around for these Agreements to get the best bang for their products. I am suggesting world trade without the use of currencies, since the currency of many nations are suspect. This action may spur shortages and most definitely force domestic production and growth. That is why Pickens and Buffit are investing so heavily in the US energy and manufacturing sectors, they know where we are headed and they are going to profit from it. OPEC may finally get broken. The second step is the financal system getting back to basics, All new or renegotiated domestic individual loans should be based on the traditional 0.34 debt/total family income ratio. This should be enforced, any abuse higher should result in an immediate surrender of all family assets or fining the offending Financial Institution.
    The third step involves new rules for stock market trading. No more than one stock trade flip per time frame, say per week. All stock trades to be taxed at 1/4% of the trade value without an allowable tax deduction. Also the allowance for 24-7 hour stock trading, 365 days per year. We are a global economy.
    Oct 13, 2008. 10:17 AM | Likes Like |Link to Comment
  • All Eyes on the U.S. Dollar [View article]
    Perhaps the US Fed should be buying up Aussi, CND and any other currencies that can be backed up with hard assets before the US dollar drops to very low levels.
    Oct 13, 2008. 09:22 AM | Likes Like |Link to Comment
  • Why I Doubled My Position in Husky Energy [View article]
    I sold my Suncor, Nexen, Encana & PetroCanada stock and bought into Canadian Oil Sands yesterday because of the +20% annual yield paid monthly. Also, the 52 week High/current price ratio is similar and potential for M & A. George
    Oct 11, 2008. 12:30 PM | Likes Like |Link to Comment
  • There's Light At the End Of This Tunnel [View article]
    I use a tighter RSI band of 15 and 35 between buy and sell, the traditional 20/80 rule dont work due to volatility and outside factors.

    George
    Oct 11, 2008. 11:47 AM | Likes Like |Link to Comment
  • Where Are We in the Stock Market Cycle? [View article]
    I use the 1/4 rule. A retailer generally relies on buying a commodity for 1/4 of the selling price, 1/4 is the costs, 1/4 is profit and 1/4 is growth. When the resource based market share price reaches 1/2 of the 52 week high, I consider it is at cost and a good time to think about buying, anything below 1/3 is a buy and less than 1/4 is a steal. The only thing that will lower these ratios is if the number of consumers compared to 52 weeks ago changes to the downside. I believe 1/4 of the 52 week low is bottom, if the number of consumers remains the same.
    George
    Oct 11, 2008. 11:31 AM | Likes Like |Link to Comment
  • U.S. vs. the World: Sectors Matter [View article]
    The World Financial Crisis & Global Warming Connection

    On Nov. 8, 2016 as a result of a change to the US constitution, the US congress and the senate allowed George W. Bush to run for president of the United States in hopes of resolving the Financial Crisis and World Depression that began in 2008.
    After 8 years of depressed world economies, Bush ran a platform that convinced the United States people that aliens from Mars were responsible for the World Financial Crisis of 2008 and Global Warming. His campaign claimed aliens were living below the surface of the earth’s oceans and dumping Martian CO2 weapons of mass destruction from vent portals into the earth’s atmosphere. He claimed that the aliens living below the ocean surfaces were responsible for the disappearance and sinking of planes and ships, for example planes in the Bermuda triangle and the sinking of the Titanic. He went on to state, that the reason flying saucers appear and disappear is because the land in the oceans of the world.
    He also convinced the world that Martians and not the Chinese, were responsible for circumvention of the flow of American trade dollars and the trade imbalances throughout the world economies thereby causing the World Financial Crisis. He claimed the Martians had been sucking up US greenbacks for years using an interstellar banking system and depositing them on Mars to absorb the Sun’s rays and warm the surface, hence the green planet. He went on to say, that the shortage of US greenbacks had left the US with insufficient cash to pay off its trade deficit for years.
    Once elected in 2016 Bush declared war and sent 1,000,000 troops to Mars to fight the aliens. After a successful 1 year campaign without a casualty, all 1,000,000 troops returned to earth in celebration with a victory parade in New York. Though no Martians were ever captured and taken prisoner, and no green backs ever recovered, large quantities of CO2 weapons of mass destruction were found. Bush stated that the greenbacks could not be recovered from Mars because US scientists believed removing them would increase the risk of Global Warming by reflecting more of the sun’s ray towards the earth. To replace the greenbacks now on the surface of Mars, Bush convinced Congress that the US greenbacks must be replaced. He ordered the printing of 10 trillion US greenbacks the aliens had taken to Mars. This action quickly re-established the booming world economies once again.
    Though the investigative reporting of CNN’s Larry King and his guests claimed no Martians or greenbacks ever existed on Mars and that no troops were ever dispatched, it could never be proven.
    In 2018 the US declared War of the Underworlds. Bush rationalized that the world must rid the Martian aliens that he claimed that had resided below the surfaces of the Pacific and Atlantic oceans for hundreds of years. In addition to the fences built across the Canadian and Mexican borders and atmospheric saucer nets, he had the nations of the UN sign a War Measures Act that gave the US control of all world oceans. Since the Martians were dumping carbon dioxide into the earth’s atmosphere, US scientists believed it was poisonous to their own metabolism. The US’s secret weapon to fight the Martians was using their own weapon of mass destruction, injection of carbon dioxide into the oceans. To avoid burdening the US tax payers of the cost of the war, the UN ordered the world economies to pay for the War of the Underworlds. Since the US was the only nation that had never reduced CO2 emissions, it now was the only nation capable of providing the weapons. The US required that the world nations pay a trade credit of $1000 to the US for each tonne of CO2 that the US produced and injected into the oceans. To step up the War of the Underworlds the US ordered more coal fired plants built for the production of more CO2.

    With the flow of US greenbacks re-established, the world economies booming once again and the oceans being injected with CO2 to keep Martians from living there in the future, George W. Bush was declared an International hero and awarded the Nobel Peace and BS prize in 2020.

    George Gorski
    Oct. 11, 2011
    Oct 11, 2008. 11:07 AM | Likes Like |Link to Comment
  • Hedge Fund Liquidation in Pictures [View article]
    When the first hedge fund went belly up a while back, I dumped all my oil/gas resource stocks that were hedged, except Uranium. I think a lot of oil/gas resource stocks were dumped rightfully or wrongfully for this reason, I learned my lesson from the herd mentality around financial stocks. No where to hide it seems.
    George
    Oct 11, 2008. 11:06 AM | Likes Like |Link to Comment
  • It's Too Late To Sell Stocks, Just Wait [View article]
    I believe Friday Oct. 10, 2008 was the Stock Market bottom, only thing going on are institutional investors beating each other up. There was a lot of intersector activity and large buyers entering and exiting the market, example, TSX at 10:00 am Friday.
    Can't hide behind sound names like GE, they are getting hammered too. I am going for the gusto, if the economy is going down the tubes, might as well go for high multiples with a 5-10 year hold window. I am trading laterally within a sector with producer names that are sound and pay a large dividend or are a small / medium cap with a large resource, such as oil, gas, gold, coal, iron, zinc, copper, platinum, nickel and uranium. The multiples from the 52 week highs to the lows of this week are very compelling (5 to 20 ratios). If the economy is going to move laterally over the next few years, there will be a lot of M & A activity, if the market is going to crash (tho the Fed are trying hard to ensure it dont happen), these resource stocks will survive. In 5 years I will be either thilthy rich or thilthy poor. Hopefully, naked selling and short selling will be outlawed. Maybe a non deductable 1/4% tax per share value will re-establish traditional long term holds.

    George
    Oct 11, 2008. 10:58 AM | Likes Like |Link to Comment
  • Taxing Trades: The Democrats' Bad Idea [View article]
    The ratio of large institutional stock traded volumes to individual traded volumes must be a close to 1,000,000 to 1. Dont see why individual investors must pay taxed, they are already being taxed as Day Traders. The large institutional investors should be exclusively taxed per share. This would certainly discourage the Naked Trading of shares that dont exist. Currently the individual traders are on the sidelines trying to get into the market for good reasons based on sound fundamentals, for example earnings. The institutional investors are artificially creating large swings in stock prices on a daily basis. The individual investor is puzzled why stock prices go up and down without a news worthy event. People begin to think that institutional investors are continually getting news from insiders days before a news announcement.
    To smooth out the stock market waters requires that large institutional investors limit the volume of shares per company they can buy or sell, say a maximum of 2% of a companies shares and be taxed without deductions as well. Individual investors potentially could represent the majority of share holders in companies, but they are sitting in cash right now waiting for the swings in the market to ease.
    Sep 26, 2008. 06:47 PM | Likes Like |Link to Comment
  • Hedge Funds Are Getting Their Butts Kicked Too [View article]
    It will be interesting to see in the coming weeks if Hedge Funds try to artificially bump up the stock price of their associated oil and gas producers thus keeping their profit margins up. If they dont, they may go under along with the producers.
    Sep 6, 2008. 03:47 PM | Likes Like |Link to Comment
  • Summer Doldrums Are Over - When Will Market Volume Return? [View article]
    After a day like today, the good times may never return.
    Sep 2, 2008. 08:31 PM | Likes Like |Link to Comment
  • The Latest Changes to SeekingAlpha.com [View article]
    Transcripts are high on my list of important pieces of information. They tell me company performance, what they are thinking, guidance and feedback from the financial community.
    Sep 1, 2008. 10:18 AM | Likes Like |Link to Comment
  • Why I Am Cutting Back on Commodities [View article]
    Mark,
    I hope you never sold stocks for less than what you paid for them, if so, you are playing into the day jiggers hand. Commodities will rise sooner than later. Most of my oil, gas and metals stocks are below my buy in price, which means I take a well deserved rest until they rise. The days of long sellers is long gone so play the short game.
    Mar 26, 2008. 07:28 PM | Likes Like |Link to Comment
  • The Industry Indicator: Buy When the Market Sells [View article]
    "Buy when everyone is selling, and sell when everyone is buying". I am selectively doing what you suggest. The stock market is truely self correcting, for example, if a gold miner has a 30% power shortage, the market drives down that stock by 30%. It seems some bean counter is ciberspace is figuring out what companies are worth on a very consistence basis. When companies are beat up and down and out due to unforseen events, that is the time to buy. The political pressure and tax losses will ensure those power shortages are short lived. I watch BNN on a regular basis, not so much for the beautiful women, technical info or news, but to study the brokers. It is amazing how many brokers dont know what they are talking about, from an engineering view point. It is also amazing how many guest brokers recommend to callers to sell when their stock has bottomed out. It is also amazing that some of their top picks are those stocks that are at the peak of the bell curve. I study stocks and only listen to a very select few brokers. There is one who picks stocks based on the company value and uses a model price. This guy I can not find fault with and believe most everything he says. I used to be a long term hold investor, but too many day traders and sooth sayers have entered the scene creating volitility in stock prices. I bought Uranium stocks at their peak and will not sell until they recover. They may outlive me. My current strategy in buying stocks that have been beat up unfairly and have high demand resources as collateral. When I fished as a kid during those hot summer dog days, I quickly learned to fish at the dam outflow. There the current was fast moving and dangerous and potential reward was worth it. By comparison, when it come to my play money, I watch news flashes on the TSX listing and then go in and study the company, if the potential looks promising, then I buy. TSX makes sure the new listing is not a slime bag to protect themselves, otherwise they wouldnt list it. Stocks are cyclic, there is a time to buy into refineries, ice cubes, movies, etc. My current strategy is for the short term, I take my profit and move on. That is the only way I will get my portfolio to grow so I can retire someday. My retirement income prtfolio is now above water and is totally within my control. Anybody out their can self direct their investments, it just rquires discipline, study and patience. Have a good day. Calgary George
    Mar 16, 2008. 10:20 AM | Likes Like |Link to Comment
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