einstein p fleet

Power System Component Companies Prepare for Their Close-Ups

QTWW continues to interest me. The designer of Fisker Automotive was also the designer for the Austin Martin. Electric car + Austin Martin? Okay. Bought a ton of shares at 1.13 today, averaging up. All I want to do is make enough to buy one of the cars. If you haven't checked it out, it's one sweet looking "green" ride.

qtww.com

Thursday Options Update: XRT, CVS, STT & PFE

Earnings report was solid, news was disappointing. Still, it wasn't that disappointing and at under 28 it provided an interesting buying opportunity and a nice trade. Took a bit of profit, but held most of the position. CVS is a solid company.

Property Values Set to Fall 43% from Current Depressed Levels

Sellers and lenders continue to drink the Kool-Aid hoping the problem will go away, while it gets worse. I think the estimate on the downside is low.

I live in Miami. Enough said.

Boone Pickens Puts His Money Where His Mouth Is on Energy

It could have been worse --- RIMM, CIT, the Phillies.

The Bad Cs of Credit

Goldman Sachs used TARP to put wipe out their competition, which was obviously beneficial based on the proposed bonus payments for 2009. Now it appears that GS peddled more than 40 billion dollars that were promoted as triple-A rated investments that were really closer to junk. So they bet on a meltdown and won big, then lined up at the government trough and fed with the rest of the pigs.

The American taxpayer bailed out these institutions. In return they horded our money, raised interest rates, cut credit lines, installed outrageous penalties, and generally profited from cheap money while Americans lost their jobs and their homes.

Now they expect people to stand by and watch them get paid millions in bonus money while the country is still reeling? Let them use the money to help fix the problems that were created and start putting these criminals behind bars. At some point, enough is enough.

Chinese Stimulus Will Stay to Achieve 8% GDP Growth

PCX reported strong earnings, which would lead me to believe that ANR is a strong buy under 36 --- they report on November 2 and we'll get to test the theory.


On Oct 26 08:58 PM einstein p fleet wrote:

> China is building a coal plant each and every week, plus building
> cars. ANR seems like a good bet --- gives you two ways to play the
> China story.

Chinese Stimulus Will Stay to Achieve 8% GDP Growth

China is building a coal plant each and every week, plus building cars. ANR seems like a good bet --- gives you two ways to play the China story.

Intel Facing a Formidable Foe in ARM

INTC should buy ARMH --- Yes it's self-serving, wishful thinking but I've tried logic and, after the last year, any alternative that works will suffice.

Roubini Hates Gold: Is He Wrong Again?

Our paper money used to be backed by gold --- “Will pay to the bearer on demand”. Now it it backed by the Fed and nothing more.

The need to print more money to pay for a steady diet of increasing debt would surely be inflationary at some point in the near future. On another note, gold is very undervalued if you consider where it was 25 years ago and where it is now --- which would price it at around $2000.

I like Roubini and respect him a great deal. This time, however, he may be wrong.

Harvest Energy: East vs. West in Terms of Oil

I owned HTE at around US$5 a share and was happy to get out at US$9.30. There are simply better stocks to own in the space.

As this article points out, the problem of demand destruction vs. supply destruction is viewed differently by the East and the West. We tend to think short term, while the East tends to view the long term picture. With the energy markets, a longer term point of view is the correct one. Demand will eventually overwhelm supply in the long run or any type of major geo-political event would create a short term spike and economic chaos.

There is a possibility that, good or bad, the Canadians may not want to sell a strategic natural resource to a foreign company. Thus, I took the profits.

That said, I took the profits and added to my positions in PWE, BTE, and PGH. Still love the CONROYS for the dividends and as a hedge against a declining dollar.

Investors Jostle over the Oil Sands Prize

I have been an advocate of the CANROYS for quite some time and had large holdings in HTE, which I sold at $9.30, which was close to double my entry price. The real question, however, is whether the Canadian government is willing to sell natural resources to foreign companies and whether the deal will be approved. If so, it's probably the start of of several such deals for all forms of natural resources in both Canada and the United States, which is short-sighted and dangerous.

I own PWE, BTE, PGH, as well as several American oil and natural gas trusts. I also own coal stocks.

While I don't mind making a profit on the pending HTE sale, I'm also anticipating buying the stock back at a lower price if the deal does not get approval.

TIM Sentiment Report: Brokers More Bullish

Although I'm more bullish on the CANROYS and have been buying them for several months, I sold HTE today and parlayed the profits into CHK at 27.50 on the downgrade. Natural gas is the future and this company is one of the best in the business despite the problems in the past.

Fadel Gheit: Oil Prices to Remain Inflated but Don't Pass on Gas

America needs an energy policy and when we finally come to our senses, natural gas will be at the center of that policy. We cannot continue to ignore the geo-political risks or the fundamental economic fundamentals of a policy that supports nations that hate us and could bring down our own economy.

I completely agree with the possibility that oil could spike well over the old highs and it would be a disaster. We should pay more attention to supply destruction than demand destruction and embrace the natural resources that will grant us economic and energy independence.

Power System Component Companies Prepare for Their Close-Ups

All the alternative fuel plays are speculative in nature, so it's good to diversify your bets. Hit RTK at 50 cents a share and diversified some of the profits into QTWW and SYNM. AONE is the hot ticket this week, but it's a very crowded trade.

Most likely the best bet for the lithium battery revolution is SQM --- hard to make lithium batteries without lithium.

Thursday Options Update: IYR, M, VALE, FCX, ABX & C,

Bought FCX at 22 and recently closed half the position, although I think they will report a monster quarter based on the the price of gold and copper. That said, it's hard to tell where the stock goes from here or the rest of the market for that matter.

FCX said that Chinese demand for copper remains robust and, if you can believe our own government, the recession is over. On the other hand, the USA is still printing money and seems to be unable to get a grip on any type of fiscal policy, which is causing several BRIC nations to consider alternatives to the dollar, including gold and silver.

Like I said, it's a tough market to wrap your arms around with so much uncertainty, both at home and around the world.