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alsobirdman

alsobirdman
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  • Axion Power Concentrator 104: May 21, 2012: Axion Power Reports First Quarter Results For 2012 [View instapost]
    Great info as always, John. I never thought of it that way. I do always look more at insider buying rather than selling but never considered that they would rather do the buying outside of the marketplace.

    An O/T question for anyone, PM if you don't want to clutter up the blog;

    As part of my recent severance I will be getting a large lumpsum payment next month. I have been using Etrade for a number of years, but considering other options. I'll be putting the dough in a traditional IRA. Any thoughts on TDAmeritrade, etc? I'll probably be buying more AXPW, LOL.
    May 23, 2012. 08:51 AM | 2 Likes Like |Link to Comment
  • ECRI Reaffirms Recession Call Again [View article]
    I knew that, typed MD instead of DE. You must be familiar with the place that serves crabs and corn on picnic tables covered with heavy brown paper. When you are done they just roll up the paper and toss in trash. All-you-can-eat place as I recall. I guess it's a local tradition.
    May 22, 2012. 07:40 PM | Likes Like |Link to Comment
  • ECRI Reaffirms Recession Call Again [View article]
    I'm sure glad I have ignored these recession calls. Made a bunch of money in the process. All I do is keep an eye open when I am out and about. Two things happened just in the last few days as examples;

    I interviewed for a job at a local Bass Pro Shops store. I'm retired and thinking about finding something to do a couple days a week. The guy there told me they are selling more boats than they EVER have. They can't keep them in stock.

    Then I looked for a hotel room for my son in Ocean City, MD on Friday night. Couldn't find one. Lucked out in Rehoboth, MD on Saturday and found one room. This is off-season.

    Yep, must be a recession.
    May 21, 2012. 09:09 PM | 2 Likes Like |Link to Comment
  • Time To Ease Into This Beaten Down Driller [View article]
    Thanks, Bret. I played PTEN for a nice quick gain after last October's panic selling. I'll take another look at a long position.
    May 20, 2012. 01:38 PM | Likes Like |Link to Comment
  • Axion Power Concentrator 102: May 17, 2012: Axion Power Reports First Quarter Results For 2012 [View instapost]
    Ooops. I found the link. If this doesn't work here is what he said;

    http://on.freep.com/L2...


    The 3-series has an auto-stop feature that shuts the engine off when the vehicle sits idling. It worked poorly with the automatic transmission in a 528i sedan I tested recently.

    It's a bit better with a manual, but only operates when you shift into neutral and release the clutch. That process masks some of the system's flaws.

    It's also inconvenient enough that I doubt many drivers will use the feature much.

    Stop-start can be responsible for 3%-4% of a vehicle's EPA combined rating. BMW's system needs work.


    Also realized it is an old article. My apologies if it has been discussed and I missed it.
    May 19, 2012. 09:34 AM | 3 Likes Like |Link to Comment
  • Axion Power Concentrator 102: May 17, 2012: Axion Power Reports First Quarter Results For 2012 [View instapost]
    Woke up this AM to an article in my local paper about the BMW 3-series. The reviewer noted that his test car came with auto-tops feature. He it worked poorly in the auto-trans car, a little better in the manual but didn't feel the average driver would bother using it.
    Hopefully his frustrations will be cured by the PbC. I tried finding the article on-line to post a link. The reviewer is Mark Phelan from the Detroit free press.

    BTW, added some @ .338 yesterday.
    May 19, 2012. 09:31 AM | 4 Likes Like |Link to Comment
  • 10 Reasons Investors Will Wish They Had Sold Before May And Gone Away [View article]
    I hope you are correct, Bret.
    May 19, 2012. 09:10 AM | Likes Like |Link to Comment
  • Did we miss a QE announcement? Gold takes off, up $20 in minutes to $1,571/oz. GLD +2.1%. The brutally beaten down gold miners fare even better, GDX +4.7%.  [View news story]
    Hope you are right, Mike. I loaded up on miners and TBT this week. Figure both have nowhere to go but up from here. I don't understand why people are buying t-bills with a negative yield when blue-chip dividend yielding stocks are on sale. Hell, yield on Barrick approached 3% this week. It may take a few months and it may not be a smooth ride, but the destination should be worth it.
    May 18, 2012. 09:37 PM | 2 Likes Like |Link to Comment
  • Last Chance To Get Out [View article]
    Have to agree with you, Rich. I recall a lot of comments about waiting for a correction to buy. I do know that I was a buyer this week. Miners were on fire sale, TBT is a screaming bargain at $17. Europe is on sale. Companies like Shell and Nestle aren't going away any time soon. I do like your TLT trade.

    As a contrarian I agree as well with the number of comments/articles claiming the sky is falling.

    Here's two things I saw just this week;

    I interviewed for a job at a local Bass Pro Shops store. I'm retired and looking for something to do. The guy tells me they are selling more bass boats than they ever have. They can't keep them in stock.

    Then my son is in Ocean City today, Friday, and I tried to find him a room for the night. There is not a hotel room available in the entire city for this weekend.

    Does this sound like the sky is falling?

    Any positive news out of Europe over the weekend and fasten your seat belts.
    May 18, 2012. 09:13 PM | 1 Like Like |Link to Comment
  • 10 Reasons Investors Will Wish They Had Sold Before May And Gone Away [View article]
    LaGree,

    As I state below, I do tend to think the Fed, the PPT, and anyone else involved with the current administration will be pulling out all the stops to ensure re-election. Actually, maybe not all the stops, but I do believe that the only way we can get a change in the White House will be for the economy to really go south. As long as things are at least steady I don't see a change in power this time around.

    That being said, I'd be OK with your prediction of 1074. Be a great buying opportunity.
    May 18, 2012. 05:04 PM | 1 Like Like |Link to Comment
  • 10 Reasons Investors Will Wish They Had Sold Before May And Gone Away [View article]
    Good questions, streaky, and ones that everyone should consider when making decisions. Depending on your individual tax situation the difference between long, short, capital gains, etc. can be substantial. I'm tending to be in agreement with Bret here and have about the same allocations as he. I'm actually hoping for a big correction into the summer so I can invest a lump sum pension I'll be getting soon at fire sale prices.

    In addition to the May thing, I like to just get a feel for what's going on. Europe is a mess of course, but what happens if Germany comes through this weekend and Greece stays put? I did buy some of Vanguard's FTSE fund in my 401K this week. The companies that make up that index aren't going away and it pays a nice dividend in the meantime.

    And, don't forget that the current administration will pull out all the stops to ensure things are going well heading into the election. As long as the economy is at least on an even keel the re-election of Prez Obama is a given. That's another reason I am hoping for a very big correction.
    May 18, 2012. 04:58 PM | 1 Like Like |Link to Comment
  • Axion Power Concentrator 101: May 16, 2012: Axion Power Reports First Quarter Results For 2012 [View instapost]
    Whew. I don't often get the chance to check in and try to read the posts I have missed. What a wild couple days. I must say I am quite suprised at the sell-off after the CC. I guess everyone has different expectations and time frames, but I see nothing negative and only positives in the 10Q and call. I bought some shares in my kids' IRA's last week and may add some more at these prices.

    Also want add another "thank you" to all who have helped me understand the company better. After 3 years as a shareholder it's nice to be getting near the end of the tunnel.
    May 16, 2012. 06:26 PM | 11 Likes Like |Link to Comment
  • Test Driving An Automatic Start/Stop Automobile- The Wave Of The Future [View instapost]
    Thanks for the write-up, Future. Seems like the A/C is the biggest issue with the KIA's S/S version, although the state of charge of the battery would also worry me. Perhaps that was caused because you were purposely trying to invoke the S/S system as often as you could and it would be fine under normal driving habits.

    Both perfect reasons for using a two-battery system, with a Pbc as one of them.
    May 7, 2012. 03:36 PM | 3 Likes Like |Link to Comment
  • Time To Pick Up This Premier Gold Miner At Multi-Year Lows [View article]
    Thanks, Bret.

    I already have some funds in GDX for LT and NUGT for ST plays. Seems like miners are a no-lose proposition long-term. At least I hope, LOL. I've been looking at individual miners recently and did pick up HL on your recomendation. Bought it @ 4.19, wish I'd waited a few weeks for the sub-4.

    Will look to pick up some ABX this week.
    May 6, 2012. 09:16 AM | Likes Like |Link to Comment
  • A Strategy Is Needed For Lagging Gold Stocks [View article]
    UI,

    Alas, I was out for a few hours on Thursday and missed the under $11 on NUGT, but did have an order filled @ 11.12 which I believe should pay off both short and long. GLTY
    May 6, 2012. 08:36 AM | 1 Like Like |Link to Comment
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