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rogmidd

rogmidd
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  • Medical Marijuana: It's Just A Pump And Dump [View article]
    That article assumes annual revenue growth of 1000% over the next few years! With annual revenue of $26 billion in 2017! $26 BILLION!

    So, your MBA friend is assuming that, in 5 years' time, this penny stock - run by someone with a far from clean past, and very opaque book keeping - will be raking in annual revenue nearly half that of what Pfizer does today. Altria don't even do that much revenue (ttm).

    With regards to their revenue "growth": If i'm unemployed one year, and make $5k, then find a job and earn $50k the next, that's 1000% revenue growth. Does it mean i'll make $500k the following year? Hell no.

    Sure, if marijuana becomes US legal for more purposes, there will be a booming industry. Let's even assume that this is a legit, sustainable company. You're still (IMHO) nuts if you think that companies with greater means aren't going to push in and take the little guys' lunch money.

    Of course, people who want to sell you their shares will call me a basher, or some such, and i'm probably just pissing into the wind here. I just had to get that rant out.
    Feb 18, 2013. 03:58 PM | 2 Likes Like |Link to Comment
  • Market Timing, Part I: Can It Be Done? [View article]
    I'm no one of relevance.

    Now, you're writing articles about market timing through technical indicators. Please explain how i'm off topic?

    It seems you missed my point about AAPL. I could say that my new market-beating strategy is to only buy on my dog's birthday in leap years, and use an AAPL chart to "validate" it. It seems a little transparent to only use an AAPL chart to vet a strategy.

    Nothing personal, i just don't like snake oil.
    Feb 9, 2013. 12:36 AM | Likes Like |Link to Comment
  • Market Timing, Part I: Can It Be Done? [View article]
    Apple has also returned 13000+% over the last decade. It doesn't matter which technique you apply to it; if you held it for a while (and didn't short, obviously), then you gained.

    But it seems you'd rather direct traffic to your website than actually address the pitfalls of technical trading; my mistake, carry on!
    Feb 8, 2013. 03:39 PM | 1 Like Like |Link to Comment
  • Market Timing, Part I: Can It Be Done? [View article]
    Ha, as Will Rogers said: "If it don't go up, don't buy it".

    Perhaps, in part 2, you could use examples that aren't so clearly cherry picked as AAPL. And maybe address the charts where this approach would leave you with losses, and how to avoid such losses.

    I notice you didn't mention anything about knowing when to sell, which is arguably more important than timing your buy. The one thing that irks me about all technical analysis guides out there is the pseudo-scientific "if you fail, it's because you did it wrong" attitude. All in due time, i hope.
    Feb 8, 2013. 12:17 PM | 2 Likes Like |Link to Comment
  • Market Timing, Part I: Can It Be Done? [View article]
    So, in summary: buy stocks that are going up? This is great news for private investors; I had no idea it was that simple.
    Feb 7, 2013. 11:52 PM | 4 Likes Like |Link to Comment
  • Questcor Pharmaceuticals Management Presents at 31st Annual J.P. Morgan Healthcare Conference (Transcript) [View article]
    There seems to be a Swedish study that shows it can be effective as a second or third line of treatment. I'd hate to think that doctors are just prescribing any old thing for their patients.

    What i got from the speech is that they're funding US studies into the indications, so perhaps we'll see something soon.
    Jan 11, 2013. 10:29 PM | Likes Like |Link to Comment
  • Questcor Pharmaceuticals Management Presents at 31st Annual J.P. Morgan Healthcare Conference (Transcript) [View article]
    Did you spell it correctly when you did your search? ACTHAR.

    Also, you linked to a year old article from a renowned short attack website. I haven't heard much from streetsweeper lately, how are they doing?
    Jan 10, 2013. 08:22 PM | 2 Likes Like |Link to Comment
  • At $28K a vial, Questcor's (QCOR) Acthar has propelled shares to huge gains. QCOR bought the drug for $100K in 2001, planning to produce it only to treat infantile spasms. But thanks to aggressive marketing, it's now being prescribed for MS, arthritis, and kidney disease. Aetna's (AET) decision to limit off-label treatments has hit shares, but it's not clear any viable alternatives are on the horizon. (NYT[View news story]
    But you're not short, right? ;-)
    Dec 30, 2012. 09:14 PM | 1 Like Like |Link to Comment
  • Prepare To Short Gold [View article]
    >It is a seminar, not an advertisement asking for money at the end for the information..

    But...

    >I have an autographed book from him..

    >I even paid more then i should have for some of his coins just to be on an exclusive list that gets emails..

    I'm sorry to nit pick, i just think we should all be wary of people who make a living from telling you how to get rich.
    Dec 9, 2012. 06:00 AM | 1 Like Like |Link to Comment
  • Apple May Be Worth $1111, But Shares Won't Get There Anytime Soon [View article]
    Yes, AAPL will hit a TTM PE of 10 and a forward PE of 7 because of Elliot Wave theory.

    Don't you guys know? Stock price always follows technical predictors; not your vague fundamental woo.
    Nov 27, 2012. 11:32 PM | 1 Like Like |Link to Comment
  • The Only Investing Strategy You'll Ever Need [View article]
    The author should probably confirm this, but:

    When he says "You see in the last 74 years, there have only been seven instances where the market did not go up over 10 years." he does not mean that the market was flat for 70 years. Are you crazy?

    I believe what the author means is that there were 7 10 year periods with zero or negative growth. Off the top of my head, i'd say there were 63 periods in total (eg. 73-82, 74-83, 75-84).

    Also, for an investor with a 30+ year horizon (and i know there are others like me who read SA), i am totally fine with a 10 year period of no growth, provided the thesis is sound.
    Jul 11, 2012. 10:38 PM | Likes Like |Link to Comment
  • High Dividend Double-Digit Growth Companies To Strengthen Your Portfolio [View article]
    Sorry to butt in, but i'm not so sure about your stats on DHT. According to finviz.com, the operating margin is -29.08% (rather than the stated 24.49%). The dividend is definitely not 28.7%, and may be suspended anyway. I'm not sure how you got the PEG either, as it doesn't seem to be profitable at the moment. With a 12 for 1 reverse split coming up, heavy debt and what seems like a lot of uncertainty in the near future, i'd have to say that it is not a relatively safe play.

    Sorry to be a nit picker; i just feel that readers should know that it's far from safe.
    Jun 17, 2012. 04:11 AM | 4 Likes Like |Link to Comment
  • The Best Thing Warren Buffett Has Said All Year [View article]
    I totally agree with this. I think that the philosophy of investment is a very important topic, upon which i can't find enough articles. There's a lot of junk out there, but Tim's articles help me keep things in perspective.
    Jun 8, 2012. 09:53 AM | 10 Likes Like |Link to Comment
  • Telefonica: A Tale Of Two Worlds [View article]
    I hear stop loss orders recommended so often, but i can't get my head around them.

    So you say "I want to buy (company) for $XX.XX, but if someone buys it for less i don't want it anymore."?

    So that makes me think that, if you use a stop loss, you're either:

    - buying the stock rather than the company
    - buying the company, but don't have much conviction (and so shouldn't be buying); or
    - your timeframe is too short, and you can't afford loss of principal (in which case you probably shouldn't be in equities).

    Also, thanks for the article. Long a small amount of TEF.
    Jun 2, 2012. 03:15 PM | Likes Like |Link to Comment
  • Is Now The Time To Buy? [View article]
    I think that kind of prediction is definitely one that an amateur would make...

    How did your FB prediction turn out?
    Jun 2, 2012. 01:09 AM | 1 Like Like |Link to Comment
COMMENTS STATS
17 Comments
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