max petrisek

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    • Sun Nov 4th 04:32 AM | Rating: 0 0
      Commented on:
      Jim Cramer's Mad Money In-Depth Stock Picks 6/29
      Seeking Alpha knows what type of financial media "sells." So what's new ? Everyone should know Seeking
      Alpha is "pushing" Cramer's every pick on a daily basis. This is not done because Cramer's picks can make money for most of Cramer's or Seeking Alpha's readers. I have for the 3rd time over a period of 2 years done a statistically valid study of Cramers picks and in each case Cramer's picks were horrible. It didn't matter whether they were buys or sells or for 1 month or 6 month period. They were really horrible and wrong to a significant amount. Seems that Seeking Alpha & NBC are aware that Cramer is a popular comedian and he has a following. Street people, not investors, want someone to light them up with a urgent dramatic call to buy or sell now. Even while Cramer is spilling his recos on TV many of the more liquid stocks are in a dramatic change as he speaks. He's looking good for the moment as jumps and screams out more advice. What a miracle maker a magician or better an apparent exciting stock guru- that's Cramer. It's exciting to place the order on a Cramer call. That's where the excitement stops in a very short time of less than a few days. Then the great Cramer recommendations goes sour. I felt verification of my opinion based on sound statistics should be verified. 1st Ii did some repeat evaluation, more stocks and longer time periods, and last were his picks of 6/30/07 were even worse after 4 months (as of 11/4/07) . Then I checked my score keeping of over 2 dozen different investors making Cramer comments on the internet. Since I knew about 1/2 of these other investors for well over 2 years I felt this was a valid test. Over 95 % were adimit that Cramer was a farce. The one that wasn't sure felt he should be given more time. Well the 2 + years are up and it's time that Seelking Alpha and NBC put out more disclaimers to at least warn the uninitiated. NBC to it's credit has increased the warnings and are getting closer to calling the telecasts a comedy or just for your entertainment. Come on Seeking Alpha we know that savvy investment fund managers may be trying to do some a fast swing trade off Cramer's picks. But they must be betting as contrarians or are very nimble or just dumb. I will not waste time doing further extensive evaluations or comments of Cramer's picks. It is a waste of time- in the fullness of time the truth will be self evident! Since Cramer has on a few occasions admitted his problems I have no interest in attempting to psychoanalyzing this really funny comedian. I don't watch him on TV anymore. No thanks to Seeking Alpha.
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    • Sun Nov 4th 03:38 AM | Rating: 0 0
      Commented on:
      Home Solutions of America Struck By Research Report (HOM)
      Apparently Co. guidance didn't work out for the stock price. You were right the stock is a pos type. Was around 8 when you slammed it & now about 2.5 - lost about 75% that's pretty significant. Most small stocks do poorly after they tank as the truth comes out it is just a pos stock. Sure glad I didn't buy this loser as my views were positive year ago.
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    • Thu Nov 1st 09:01 AM | Rating: 0 0
      Commented on:
      The China Bubble Can't Last
      Spell out all the details but then something else will happen. It will be the Chinese drive and momentum to let the billion of peasants get some of the "tickie!" No tickie for the peasants, no good. They have smelled the honey. It will keep booming much longer than most expect. No, I'm not going to China to confirm my prognosis. Just ask Confusious.
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    • Thu Nov 1st 08:35 AM | Rating: 0 0
      Commented on:
      Is Goldman Sachs the Trade of the Year?
      GS is not the buy of the year. If it were, what would U call GOOG ?
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    • Wed Oct 31st 19:02 PM | Rating: 0 0
      Commented on:
      Are Chinese Stocks Too Hot To Handle?
      I track about 40 to 50 Chinese stocks listed here. The prediction of their demise is premature. The group is still on a roll after nearly 2 years.
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    • Mon Oct 29th 08:59 AM | Rating: 0 0
      Commented on:
      Silver Underperforming Gold: Aberration or Expected Event?
      Right on.
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    • Mon Oct 29th 08:58 AM | Rating: 0 0
      Commented on:
      Silver Underperforming Gold: Aberration or Expected Event?
      Comparing the tops for gold and silver is only a small part of forcasting the connection between the 2 metals. It is true that Gold is the king of precious metals. It is the king of recognition but not the long term king of demand. Silver has the benefit of high industrial demand or as a basic material. Silvers has some exotic or luster characteristics also as ornamental, jewelry , neusmatic coin collection and as silver ware etc. The supply demand imbalance of silver is greater than gold . I expect that it is the fundamentals of silver that will cause it to catch up to the gold prices.
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    • Sat Oct 27th 16:13 PM | Rating: 0 0
      Commented on:
      Commerce Planet: Worth Taking A Risk
      Took a look again a few months later. Still not a good investment. Was over $1.0 when author posted, ow under $.78.
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    • Sat Oct 27th 08:56 AM | Rating: 0 0
      Commented on:
      Crude Oil Reaches $92
      High oil prices and pollution plays into the powerful attributes of natural gas. NG attributes as: abundance, lower price, near ideal clean fuel alternative for motor vehicles and residential & industrial uses. There is also a heavier demand for NG as a feeder product for many other products and energies such as hydrogen motor fuel cells. There is a fast evolving use of natural gas * CNG for motor vehicles on a world wide basis This is supported by most governments and the World Bank. The crucial need to reduce air pollution such as in China has been a boom to companies in NG as CHNG, SNEN & PTR to name a few. The increase of industrialization and especially the number of motor vehicles will push the demand for fuels. 92$ oil will accelerate the world wide move to use the most accessible alternative to oil both as to supply and near immediate functionality- that's natural gas. A look at the above companies stock price and volume growth is one testimonial to the above. China is a HUB in these problems as well as opportunities.
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    • Fri Oct 26th 17:29 PM | Rating: 0 0
      Commented on:
      Eight Ways to Invest in Taiwan
      With that name you shouldn't be in the market. 2nd thought perhaps 100 % short.
      View article »
    • Fri Oct 26th 13:40 PM | Rating: 0 0
      Commented on:
      Recent Moves by China Mobile Show Promise (CHL)
      The hot stock is in this message & comments is GIGM. It was 9 in July and went to ~ 23 and today it's u holding at a comfortable $22. Must say the stocks that I've commented on in Seeking Alpha have been doing very well. Post my name in the question box at top and check them out, Be happy to answer questions on any of them.
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    • Tue Oct 23rd 04:17 AM | Rating: 0 0
      Commented on:
      China North East Petroleum Holdings: Too Small to Buy or Too Impressive to Ignore?
      My positive evaluation remain high as previous very positive comment and my opinion is steadily improving . These many positives need no further detailing as the top management group continues to meet optimistic guidance. A few normal drawbacks usually occur when a stock rises about 800% since Aug '07 and that is stock valuation. From a high of 4.4 to recent trading of 3.0 to 3.7 is disconcerting to many. Those that profited also ponder how much profits to take off the table. My conclusion is that short term guessing is not helpful but realistic gains can & will continue for the longer term of months or a year. Yes I am holding and will add on any dips below 3.0. The overall market weakness & concern of greater risk for a leaky bubble in China are possibilities. The odds greatly favor this great outlook will continue to reward the shareholders.
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    • Mon Oct 22nd 19:42 PM | Rating: 0 0
      Commented on:
      American Oriental Bioengineering Completes Guangxi Boke Acquisition
      This Company is a great investment-.. profits up, good management & connected with PRC, essential products and outstanding growth outlook.
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    • Mon Oct 22nd 19:37 PM | Rating: 0 0
      Commented on:
      Eight Ways to Invest in Taiwan
      GIGM is a great way to invest in Taiwan
      View article »
    • Fri Oct 19th 12:06 PM | Rating: 0 0
      Commented on:
      China Natural Gas Bumping Against All Time Highs
      value growth. Thanks for commenting. The most information I have posted on SNEN is on Agoracom site, since I am a forum leader there. To view:< place symbol SNEN in stock search button on top right of home page. Go to 'forum discussioin' & you'll find a lot on snen. I elected to do many comparison to CHNG as i believe they will "track" closely with CHNG, the more established, taking the lead. Anyone can comment as the more diverse group the better. Please take a look !
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