Niksurfs

Meredith Whitney: 'I Haven't Been This Bearish in a Year'

I think Meredith is correct she has a wealth of common sense and is calling it spot on. May not be what people want to hear but truth is always something hard to swallow when you insist on believeing what you want to believe.

Interesting and accurate are the Roubini comments about major carry trades using US currency and how the banks and brokerages are back in the casino pissing away TARP money. The fact that there are few fundamentals to sustain these equity prices does not seem to bother them, that is the prop here. They have our money and are speculating on stocks and commodities, who will be the last one out of the room when the dollar rebounds.

Nouriel Roubini - definetely worth a read.

National Oilwell Varco: Right Industry at the Right Time

Long NOV for 3 years now and looking to accumulate even more in weakness.
Outstanding management team, product development group and razor sharp marketing. They have a large base of patented devices that are proprietary and many of those products are used by over 90% of the drillers.

One to two years from now buying at this level and below will have be classified as a smart buy.

I don't work there just a big fan and a happy shareholder

Are GLD and SLV Legitimate Investment Vehicles?

Fantastic read and article. Worth passing along.

Thank You! for your research, diligence and terrific amplification of this important issue, you are a credit to the investing community.

WuXi Partners with Covance on Contract Research Services in China

I would not be surprised to see Covance buy WX sometime in the future, especially at this PPS.

These Three Deep Sea Drillers Look Like a Bargain

I could not agree with you more on your assessment of these stocks. I currently have long positions in NE, RIG nothing in DO. I entered into these positions based on future growth and valuation. I consider them both best of breed and I think they have significant assets anbd relationships that will continue to propel much higher over the next 12-18 months.
I also have a large psoition in NOV which I have cultivated over time, I would submit they would be a good addition to any services portfolio, they are a key player in all the rig players supply chain.

China Biotech Week in Review: News on All Fronts

I would rate it a buy here. WYETH just gave up a key piece of information in that it can take 9 months to get a permit in China to create an R&D facility within the PRC. That as opposed to 30 days for permits in US & Europe. Given the economic gains (essentially cost savings) and workforce available not to mention the access to Chinese proprietary remedies it seems to me there is tremendous room for continued growth.

WX is building more and new facilties Wyeth will increase CRO outsourcing from 25% to 30%, Pfizer and others which need to develop a fatter pipeline of products need the same economy of scale for R&D.

Despite lofty valuations, I am confident this is a long term hold with great potential. I have a healthy position about to get larger at these prices. I recently bought trading shares and cashed them in on the last dip. The break below 19 gives us another opportunity.

Niksurfs

WuXi PharmaTech Beats Estimates: Should See Upside

I would rate it a buy here. WYETH just gave up a key piece of information in that it can take 9 months to get a permit in China to create an R&D facility within the PRC. That as opposed to 30 days for permits in US & Europe. Given the economic gains (essentially cost savings) and workforce available not to mention the access to Chinese proprietary remedies it seems to me there is tremendous room for continued growth.

WX is building more and new facilties Wyeth will increase CRO outsourcing from 25% to 30%, Pfizer and others wihich need to develop a fatter pipeline of products need the same economy of scale for R&D.

Despite lofty valuations, I am confident this is a long term hold with great potential. I too have a healthy position about to get larger at these prices. I recentlt bought trading shares and cashed them in on the last dip. The break below 19 gives us another opportunity.

Niksurfs

The Bear Market Strikes Back

Even though this is a nasty correction and the blood is running in the streets, we still have not seen signs of capitulation, panic _yes_ capitulation obviously not. Problem is with these kind of swings, huge point losses and up days we may not recognize it is we see it.
I can't help but wonder what that point of capitulation would look like_ a major one day 1,000 point crash_could that be the sign. From these levels that would shake Confidence and damage us for quite a while.

I too have positions noted above and frankly the NOV story really has me puzzled.

Commodity Super Cycle: Ready to Rumble in 2008

Outstanding article_you have done us a great service my sincerest thanks.
By the by, prior to reading this article I took a position in JJA, I now will look hard at increasing my exposure as your commentary and analysis has confirmed my investment thesis. Again thanks for the thought provoking and extensive research and due diligence.

Niksurfs

National Oilwell Varco Will Thrive Where Crude is Hard to Find

Mark - Great reporting. I snapped up more today at 73 and change. You have the story correct, growth and demand will come from overseas even as domestic will cool.

The fact is we also have a serious international security issue with Mid East tensions as well. But I digress, your figures are on point and this is a cheap growth stock with backlog at 2 years ($8B) on the books as we speak.

I like being there when the thundering herd comes at us, glad to be in a position and building it ahead of that curve.

Best to you and great work,
Niksurfs