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Joe Kunkle

 
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  • 10 Interesting Stocks Under $10 [View article]
    I sent a 10 stocks under $1 one to Seeking Alpha last Friday ,but they have not posted...
    Jan 22 07:20 AM | Likes Like |Link to Comment
  • Time to Buy Telecom Stocks [View article]
    As it is a share merger, they will trade together
    Jan 14 10:56 AM | Likes Like |Link to Comment
  • 20 Emerging Healthcare Stocks to Watch in '09 [View article]
    Alnylam (ALNY) is a bigtime takeover waiting to happen
    Jan 11 10:19 PM | Likes Like |Link to Comment
  • 20 Emerging Healthcare Stocks to Watch in '09 [View article]
    AMAG and OSIR are two that are definitely worth consideration, great pipelines
    Jan 11 10:19 PM | Likes Like |Link to Comment
  • Baltic Dry Index Signaling a Market Bottom? [View article]
    BS Detector

    As for my witch doctor ways, well they resulted in nearly 400% gains in 2008, how did the fundamental techniques work out for you?

    And, TBSI is my favorite of the group (GNK as well), but I've already stolen 800% gains in the call options, so I am trimming back
    Jan 7 08:28 AM | Likes Like |Link to Comment
  • Baltic Dry Index Signaling a Market Bottom? [View article]
    BS Detector

    As for my witch doctor ways, well they resulted in nearly 400% gains in 2008, how did the fundamental techniques work out for you?

    And, TBSI is my favorite of the group (GNK as well), but I've already stolen 800% gains in the call options, so I am trimming back
    Jan 7 08:27 AM | Likes Like |Link to Comment
  • Options Strategist: A Simple Formula for This Overly Complex Market [View article]
    Just as a follow up, every one of these expired worthless, so the trades were 100% successful
    Jan 5 12:57 PM | Likes Like |Link to Comment
  • Pair Trade: Education and Training Services [View article]
    Each are up about 14% now, these take some time to play out as they are valuation calls. I will adjust the options trades if anything changes fundamentally with the companies that would change my opinion.
    Jan 5 12:57 PM | Likes Like |Link to Comment
  • Options Strategist: A Simple Formula for This Overly Complex Market [View article]
    Well, Ponzi Scheme, you can now buy those BHP puts back for $2.50 and collect a 40%+ gain....BHP to $8..keep dreaming
    Oct 29 10:33 AM | Likes Like |Link to Comment
  • Solar Stocks on Sale [View article]
    With oil falling rapidly, alternative energy is on the outs and is still inefficient...
    Oct 24 09:00 AM | Likes Like |Link to Comment
  • Coal's Dark Days Are Over [View article]
    Sorry about that...I meant to say that new clean coal technologies are improving
    Oct 17 10:21 AM | 1 Like Like |Link to Comment
  • Ship Finance: Record Breaking Transaction Is Impressive in Today's Market [View article]
    Shorted this on 9/4, got my 20% gain, so yes it may be a buy now, but the short was much better timed.

    Analysis from 9/4:

    Swing Trader: Ship Finance International has rough seas ahead, drowning shares

    Ship Finance Int’l has weathered the storm seen for the oil shippers and dry bulk shippers as commodity prices have crashed recently, and we feel that the easy ride is over and investors will begin to take notice of some fundamental and macroeconomic issues surrounding the company. Shares could see as much as a 20% decline in coming months as valuation multiples are contracted for the entire shipping industry.

    Ship Finance International Limited, through its subsidiaries, owns and operates vessels and offshore related assets, and is focused on both oil transportation and dry bulk shipments. The company is a result of a spin-off from Frontline (FRO), which also looks like a weak stock in the environment.

    Although some feel that SFL’s business model is “bullet proof” we think that the continued expansion of fleets may contract margins as empty ships sit around with the slowing demand wave crashing down on the dry bulk and oil shipping sectors.

    The company had negative EPS growth this year of -7.23% and is expecting to see -10.36% declines in EPS next year. It is beginning to look like the growth story is done with this stock, and that a P/B multiple of 2.95 is overvaluing shares. There are also concerns fundamentally, with a long term debt-to-equity ratio of 3.36. Paying a generous dividend yield of 8.5% could be a cause for concerns if the company is unable to pay for its leased vessels as cash flow growth subsides.

    We are looking to short shares on a fall below the $27 support level as selling volume has recently increased and we see declining MACD, RSI, and stochastics. The 200 day EMA is at $26.80 and a break below that level could send shares to our initial target price of $25, which may be followed by a move to $22.50. We will have a stop order at $28.75 which would negate the current downtrend.

    This is a short term trade because the long term picture shows a stock that is paying a very high dividend yield and has a history of distributing excess cash flows. We intend to be out of this trade by the Annual Meeting on 9/19, where management could once again raise the dividend due to recent ship sales.
    Sep 18 09:28 AM | Likes Like |Link to Comment
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