Seeking Alpha

StockBaller

 
View as an RSS Feed
View StockBaller's Comments BY TICKER:
Latest  |  Highest rated
  • VisionChina Media: No Fundamental Reason For This Rally [View article]
    VISN is obviously sketchy and up on manipulation like so many Chinese stocks, but up 400% on no news doesn't mean it's an automatic short even if the company is worthless. These pos stocks can run further than you think and can stay up for a while and you risk blowing up your account if your logic is just "there's no reason for this runup so it must come down, and I'll stay short no matter what." Just a warning as I've seen this happen plenty of times before.
    Oct 14 04:27 PM | 5 Likes Like |Link to Comment
  • What On Earth Is Going On With China HGS Real Estate? [View article]
    Yep they can manipulate it very easy. I haven't been trading it.
    Jul 23 08:59 AM | Likes Like |Link to Comment
  • Who Will Develop The Coolest Smartwatch? [View article]
    It seems to be a common consensus that smartwatch sales will number in the billions. A couple of links:

    http://bit.ly/Zry08U

    http://bit.ly/11gREBu

    And anyway the fact that AAPL and Samsung are making smartwatches is proof enough there is serious demand. Functions of a smartwatch include being able to send SMS', use the internet etc. just like on a smartphone.
    Apr 17 01:57 PM | Likes Like |Link to Comment
  • 2 Undervalued Immunotherapy Picks [View article]
    Difficult to see how ONCS is undervalued with a valuation of over $20 million. This is from their latest 10Q:

    "We have not generated any revenue from operations since our inception. During the period ended January 31, 2013, we incurred a net loss of $3,648,913. From inception through January 31, 2013, we incurred an aggregate loss of $9,849,641. We expect that our operating expenses will increase substantially over the 2013 fiscal year as we continue to pursue U.S. Food and Drug Administration (“FDA”) approval for our product candidates. We expect our expenses during our fiscal year ending July 31, 2013 to be approximately $6,400,000, including general and administrative expenses and our mandatory payments to Inovio but excluding the cost of any future acquisitions and development activities. As of January 31, 2013, we had cash and cash equivalents of $8,982,142."
    Apr 15 07:38 AM | Likes Like |Link to Comment
  • Marijuana Stocks Are Extremely Dangerous Investments [View article]
    Obviously this article has generated some controversy so I'll make a few points.

    1) It is true that Michael Llamas is no longer involved in MJNA, this was a mistake on my part. I have emailed SeekingAlpha to update the article making it clear that he was only a previous member of MJNA's management team. The point about dubious management still stands however as MJNA's management has very little experience running >$200m companies.

    2) The fact that you may have made profits holding a marijuana stock for a couple of weeks, or that marijuana stocks haven't completely crashed to their lows is irrelevant to its long term investment potential. I'm not talking about short term stock moves but the fundamentals and profitability of marijuana companies. It should be fairly obvious that the price action and moves these stocks have made is not due to business developments or record sales numbers, but excitement surrounding the possible legalization of marijuana and people speculating that marijuana stocks will become big (in many cases without ever taking a look at the fundamentals of the stock they're buying).

    3) CannaVEST (CANV) had $0 in revenues and $163 in cash in their latest 10Q, and no business operations I can see (the website at cannavest.com simply says "launching soon"). They do not have $35 million to pay MJNA, it could only be done in stock.

    4) I can't possibly understand why some feel comfortable investing in a company when you have no idea what their financials are (as is the case with HEMP and GRNH).

    I am trying to bring light to the fact that marijuana companies do not have strong fundamentals, revenue or cash to keep operations running. That is what really matters more so than anything else.
    Apr 15 01:38 AM | Likes Like |Link to Comment
  • Why Bio-Reference Laboratories Is A Dangerous Investment [View article]
    Update: BRLI has denied the allegations of the lawsuit:

    http://yhoo.it/YSKTJo

    It remains to be seen where this will be headed.
    Apr 13 08:56 AM | Likes Like |Link to Comment
  • Why China Auto Logistics Will Rise To New Highs This Month [View article]
    Obviously the author has an enthusiasm for pumping sketchy low float Chinese stocks. Certainly provides some good opportunities to trade, but readers should know that these stocks are extremely risky and should be treated as short term trades only.
    Mar 11 11:22 AM | 2 Likes Like |Link to Comment
  • Is Parametric Sound Poised For A Spike? [View article]
    There hasn't been any news of importance for PAMT lately, but it's still spiked to near $15 - congrats to longs.
    Mar 11 10:22 AM | 1 Like Like |Link to Comment
  • Beware Of 'Analysts' Assisting Pump And Dump Schemes [View article]
    Those press releases are total rubbish, SWVI has no intentions of running a real business, it's as pure a pump & dump as you can get, they are only trying to look legitimate to suck in people like you who are unaware of how schemes like this work.

    http://seekingalpha.co...
    Mar 7 10:23 AM | Likes Like |Link to Comment
  • Beware Of 'Analysts' Assisting Pump And Dump Schemes [View article]
    I have to advise against investing in penny stocks, very very few of them are promising upstarts but rather rubbish stocks with few assets and little to no chance of succeeding (that's why they're penny stocks). It is profitable to trade them but not invest for the long term.
    Mar 7 03:21 AM | Likes Like |Link to Comment
  • Beware Of 'Analysts' Assisting Pump And Dump Schemes [View article]
    Sykes' service (http://bit.ly/10bH5nW) which I've been a member of for 2 years teaches about shorting pump & dumps. It can be a very profitable strategy because these stocks are guaranteed to crash at some point, but you are right that finding borrows can be difficult. You need the right brokers. Interactive Brokers and Suretrader (look them up) are very good and I hear Centerpoint Securities also has excellent borrows. And yes you can long pumps too, the best time is usually immediately once they're announced by a powerful promoter group.
    Mar 7 03:19 AM | 1 Like Like |Link to Comment
  • Is Parametric Sound Poised For A Spike? [View article]
    PAMT does have resistance at $12, question is can it break past that, if it can that's when we should see a nice spike.
    Mar 4 08:51 AM | Likes Like |Link to Comment
  • Is Parametric Sound Poised For A Spike? [View article]
    I should mention that a good service for learning how to play stocks like PAMT is Pennystocking Silver (http://bit.ly/10bH5nW), which is where I learnt most of what I know about trading.
    Feb 28 03:04 AM | 1 Like Like |Link to Comment
  • Why China Teletech Holding Is Running For All The Wrong Reasons [View article]
    Crazy how well CNCT is running today. Definitely stock psycho's most successful promotion in a while. This one will definitely crash as with all his other promotions.
    Feb 25 09:59 AM | Likes Like |Link to Comment
  • Swingplane Ventures: An Inflated Stock Promotion Balloon That Will Pop [View article]
    "members of our team", you mean you?
    Feb 20 08:37 PM | Likes Like |Link to Comment
COMMENTS STATS
36 Comments
23 Likes