I changed em on my account then ended up never getting back into the account. It is trendyglitzcompany so I have started this one now. Below is what was on the other one until I can figure out how to get back into it. I put a lot of research into each stock and did not just throw stocks on and make up a price target so a lot of work went into that for everyone just for fun, not to get anyone to buy, sell or hold but I take pride in my market research to come up with my own target prices over 30 years now so here is from profile bio etc:
I just stated a FB account trendyglitzstocks. Join me there so we can all talk stocks and money. All are welcome and we can agree o agree to disagree. We can all learn from each other imo. Even 30 years in this, I always learn new things and love to learn.
To see my bio if you like, it is bottom of page.
UPDATE 10/17/12: Soon, I will be adding shorter term target prices for selected stocks so look for that area soon and today, I added what I promised; an article about if computers and chips are dead and if not why so if interested, scroll to bottom of page just above "about me".
UPDATE 10/16/12 PER AMD: I just wanted to update on this stock. Everyone sees how ...More well ANR is doing when people were taking losses under $6 a share for some odd reason and we are now seeing panic in AMD too. Has the stock hit a bottom? I doubt it but I do not know where the bottom is anymore than I did in 2009 yet I have orders into buy at different prices south of here. AMD has debt but most of it is long term debt and nothing one would worry with this or next year. AMD has cash on hand, trades near cash per share and book and all the bad news is in the stock but has the panic stopped yet? Knowing the public as I do and an election year, there might be more panic selling and one thing I believe is by end of month we will have hit bottom and be trading above bottom and will not see prices like that again for a long time. I hate to say it because other people hate to see red in their accounts but I sure wish this would drop another buck for me to load the boat. Do I get that lucky? I don't know but my $13 price target stands strong seen below. Good luck everyone and take a look at some of my other stock picks. I am not saying to buy, sell or hold anything. Just telling some of what I'm doing.
Update 10/12/12 per AMD. I find it great the stock is crashing again as it has done before in the past six years. Great for me to buy and average down and then trade the heck out of it to pay off all longs and just hold them at zero risk for double digit gains and the chance of a buyout, I think is high this time around. Keep in mind the real value of AMD with patents and everything. Just the Patents alone are worth a lot more than single digit number over debt imo.
Be sure to see dividend stocks below and know that I will be adding more soon.
Scroll down to see stocks: Sectors at bottom and I will be adding more with low P/E, PEG..
Risky but I trade and might invest in one for a while. I have experience in all three.
CLWR, SYMC, APT
Not too risky AIG, RICK,
Some Risk: WOOF
Dividend picks to research ("marks" means I own long) ALX, CEB, CME, CPNO, ECOL, IPHS, NEU, AEP, MCD, CLMT, JCOM, HCN, NJR, SEP, TCO, TFX, EPD, PCL, WMT, APU, AVB, BMY, DRI, HEP, PRK, TCAP, WES, CMP, DPM, MAA, TAC, ETR, RTN, NWN, VVC, HCA, LRE, RNF, APL, ASEI, STON, TAL, "TNH", AI, AMID, EXLP, LGCY, PSE, "AAPL" NSC, WSO, AGNC, FE, GD, PM, VTR, XOM, "IBM", "KMP", TU, "BLK", LINE, MCY, NGLS, OKS, PSA,
See below of stocks I do own and have targets on for long term and note; I also trade too.
As of now; I say go with caution because I believe there is a gap in the $DJI around 9k.
USA first! You should do the same with your own nation imo but also look at the States too for investments. We are safer than most nations economically believe it or not.
Honesty and Love is your key to life! It is always a must to be honest in business even when you need to be firm. It's better to love than to hate. Hate only harms the person who is filled with it.
I'll add a select few below per book value etc.
New update 9/27/12 FSLR. This stock is in my portfolio but I did not have it listed on here. I do own the stock much lower than the price of this day but since I am adding shares today, I will go with the price of this morning and this date for setting price target. The rest of the stocks listed so far were set in late August/Early Sept when I started this account and I will always update date when I list a new stock. See below.
Updated today 9/25/12 with some stocks I think will be in M&A below.
My target prices are based on six-36 months for longs and of the stocks I have listed, I might be doing some trading in a few too when time looks good.
I listed my target prices unless otherwise stated when I started with Seeking Alpha this month Sept 2012, I believe early month or maybe it was late August.
I prefer out of favor stocks, those that seem to have little hope in opinions but have what it takes to make a comeback such as AMD, AA, BAC and even DELL. I like to invest in durable goods, mineral stocks and am looking for a good Rare Earth Mineral company that will perform well three to five years out with a 400% or higher stock price by then.
It is my personal opinion based on a three year or less projection that AMD will trade at at least $12, AA $30, BAC $40-$50 and DELL at $28..I'll be adding other stocks soon that I think have good potential of gains over the next 36 months. I've added ANR. I should have added that on here before so let's just count today when it was up 0.53 at that price and going forward, I expect ANR to be $30 within six to 36 months. The stocks above were put up early month 9/12 with ANR more recent and now on 9/12/12, I add X with a $70 36 month target. BTU with a 300% gain from the close on the 12th within 36 months. FSLR=$101+six-36 months. If it comes to be as I feel sure, that is a huge percentage increase from such low prices near book value now.
First the updates for today, I think will be boughtout.
RIMM, AMD & NOK
There was an article of buyout chatter on RIMM just a few hours ago. Buyout chatter is common in the markets so never fall for it unless you have good reason to believe a reason and ability, desire for a buyout to take place. Most chatters are total bull imo worse than message board posts which I tend to stay away from.
RIMM has almost two billion in cash and that is not the total value of the company. RIMM is not going bankrupt and neither are AMD or NOK so do not sell into the fear. I buy into the fear.
I moved X into lower risk today but I do not change price targets. They are what they are once posted.
More risk and higher reward section is:
AMD, ANR, AKS, ALU, DELL, PGNX & HPQ, NOK
Lower risk section is:
AA, RIC, BAC, IBM & AAPL, MSO, X, FSLR
I'll be adding more this year in both areas.
My six-36 month target prices for each stock:
Below price targets made late Aug/Sept 12
AMD has a book of 1.58 and my target is $13
ANR has a book of 23.04 and my target is $30
AKS has a book of -3.33 and my target is $25
X has a book of 24.48 and my target is $50
ALU has a book of 1.95 and my target is $8
DELL has a book of 5.62 and my target is $26
PGNX ZERO DEBT has a book of 1.56 and my target is $15
HPQ has a book of 16.07 and my target is $34 note: I keep my same target but do think $50
AA has a book of 12.75 and my target is $30
RIC has a book of 3.31 and my target is $15
BAC has a book of 20.16 and my target is $20 in a year and $50 within 36 months
IBM has a book of 17.91 and I expect a 2/1 or 3/1 split and going with 3/1 split post split, my target is $125+ so good profit.
AAPL has zero debt and a book of 119.22. I expect a 7/1-10/1 split soon and going with a 7/1 split bringing price down to around 70ish, my target is $200+ which is a nice profit there.
MRVL has been added to my longs today 9/21/12 with my price target of $20+ six-36 month. Zero debt, great book, lots of cash and down for no good reason imo thus; I am buying.
MSO target six months to 36 months, $24.
NOK $20 target for same time frame
Please note that on my price targets that give room of 36 months that means 2015 year but allow me up to the last day of that year and if they have not reached targets then I picked losers but I have not picked losers imo.
I am in most of these stocks near the 52 week low of this year but I have bought AAPL for $4 before years ago. Those stocks which are making new lows, I hope this fall, I am adding shares averaging down. I will be adding more stocks soon but not for you to buy, sell or hold. I am NOT A BROKER and my target prices are only for you to look at as fun or perhaps keep track of how well or poor I do yet not meant to encourage anyone to do as I do. I take no responsibility if anyone were to buy a stock based on my targets and lose every dime. The markets are high risk and you can lose every penny you put into any stock no matter how good the company is or seems to be. Beware of gap in DJI near 9k. It will get filled.
BOOK VALUE of a few selected stocks GOING by Yahoo 9/27/12:
ANR: $23.04 and not is the company has ability to repay any debts at this time.
MRVL $8.61 and zero debt
X $24.48 looks good
BAC Cash per share almost $60 thus where price should be imo
Before an Accountant will bother with balance sheet, they are going to dive into the Income Statement first. How are the fab five above doing there?
BAC went from 328,000 3/12 to 2,098,000 thus; that is all I need to see for now.
NOK went into the hold from last period thus; I will watch next four Qs for improvements unless company is bought out.
X was in the hole in 3/12 (219,000) and in June, it made up for all that and went into black 101,000 so I see huge progress being made people are missing under radar.
MRVL stayed about the same and with zero debt and great book value, no need for me to not add shares.
ANR went into the red however; part of this is based on the non winter of last year and a cold winter is expected thus; there will be a lot of demand in the coming six months. I expect this to be the turnaround story and I continue to add shares time to time but today was FSLR buying time more than others this 9/27/12
Select Sectors: This list comes from this weekend last of Sept and you might notice a theme with most stocks listed. Most but not all how low P/E and a low PEG.
Banking/Insurance Financial sector:
BAC & AIZ
Aerospace/Defense - Major Diversified
ASB.AX & RTN
AA & KALU
IRBT See the P/E and PEG on this one.
Auto Manufacturers - Major
F & GM
Auto Parts consumer goods
ARP.AX & GNTX
Auto Parts Wholesale
CVGI & LKQ
Basic Materials Wholesale
Building Materials Wholesale
DBD & PAY
Chemicals - Major Diversified
BCPC, FMC, CE, DD
FXC, SCCO, IMD.AX
General Building Materials
AAON, LXU, AWI
Independent Oil & Gas
APA, DNR, SU
PC AND CHIPS:
We all see the headlines "Computers are dead" almost everywhere we look and I am here to say that is a flat out LIE. It's some kind of propaganda going on and who benefits from it the most? A company I have shares in but not going to name it because it's getting a little too arrogant for itself which is not a good sign since the bigger they are, the harder they often fall.
Let's start with Computers and Chips in the States first:
The US has been through the worst recession since the Great Depression and everyone knows this regardless of whom they blame. I know the blame is global and neither Bush nor Obama did it but let people think what they need to think on politics.
Either way, just like your grandparents who lived through the Great Depression and are frugal when you thought they were just cheap, they are that way because of psychological effects of the Great Depression. An entire generation of old people now in their 80s and 90s are like that.
Because so many Americans have either been out of work, lost hours at work or graduated College and 50% cannot find a job and are hurting financially, once things improve next year and the boom starts late year and 2014, we are left with a new generation of people who are going to be frugal with spending. This means, instead of running out and buying an expensive Apple product, people will tend to buy cheaper end Dell, HPQ and others to use for business and College. How well does a tablet print things out and how large are graphics on a tablet compared to a PC? No contest. A PC wins hands down each time. Tablets are cool and great products but cannot do the things a PC can do and are expensive like most things Apple.
Take our public schools, public institutions and also companies that want to save money. Are they running out buying all apple or are they using PC's? You know yourself, they are using PC's and even at a hospital ER or admitting. The capability of the tablet and other Apple products other than their computers do not hold up to the big test of needed graphics, are more expensive and not wise and taxpayers are not going to pay for government institutions to go expensive rout.
There are people my age who are say, 45 or older who are used to the PC and we will never change. We want our PC's and we are expected to live another 35 years if one is younger than I at 45. We are cheap cheap cheap too. We are not going to buy an Apple Computer. Why would I spend that kind of money to get the same thing with a Dell or HPQ or even an IBM? IBM had a sale a few months ago laptops $200. My grandmother almost 90 bought one.
Sure, kids want tablets and many have them but the bottom line is in North America (Canada too)the PC is going to outpace for decades to come over other product and chips are needed thus; stocks like DELL, HPQ, AMD, INTC are going to be just fine and have a better chance of going up 400% in a shorter time than Apple.
Now, let's look at Greece and China for examples and this goes for all other nations as well. Greece has been hit the hardest in the global recession. When the dust settles, guess what they are going to buy? A PC or expensive Apple product? You got it. The PC.
As for China, the States will win economically so don't worry about that but China is rising and has about one billion people I think. Most live in total poverty but this is slowly changing and as people start to move up a little there, guess what they are going to buy; a PC or expensive Apple? You got it; one billion Chinese are going to end up with PC's and they will get hooked on the for generations to come so the PC had not even started to grow yet while some say it is dead. Just because it's been in the States a long while now doesn't mean others in the word have ever owned a PC or seen one. Look at North Koreans. Things will change there too and in South Korea, the are not buying expensive things over the less expensive things.
It is my opinion the PC has not even started to grow yet thus; the next 40 years, there is no threat to the PC. To think otherwise is to be foolish imo. Yes, PC and chip stocks are down hard but to me, it opens a wonderful buying opportunity we might never see again once things recover next year and in 2014 and they will recover no matter who the President is. A President cannot even raise or lower taxes. The Congress does all that and a President can sign or Veto and that is it. A President is often a figurehead in most areas other than some things in military but even then, a President is limited without Congressional approval. Romney is elected, things improve. Obama is re-elected things improve.
This is the year to buy PC and chip stocks imo and I am loading the boat on AMD once again and PC stocks. Sorry if I misspelled something. My vision is pretty bad right now and I did not use micro word to check things on my ACER LAPTOP lol I got it for $150. brand new a year ago last April on sale because I'm cheap and it works great. I have a Dell too. Hell will freeze before I spend a thousand bucks on a PC.
In April 2013, it will be 31 years that I've traded & invested in the markets so I do have many years experience but I'm not a broker. My first year in the markets was a disaster. I had no clue what I was doing and I used a broker who seemed to be in it for himself. After a few months, I decided to just call and tell him when to buy and sell which made things worse and I lost about everything I put in! I was clueless about stock graphs but I had one thing going for me young people don't today and that was most reports on TV, newspapers and Radio were objective facts. There were not many opinion type news articles or talking heads to confuse people between subjective and important objective pertaining to stocks like today. I also knew psychology and how people of various culture tend to think so I caught on fast how people tend to panic sell or buy/hold on greed.
I learned one must take all emotions out of investing or trading, learned the graphs and charts were easy from Grade School math and I started to do well but I had no style and was back and forth trying different approaches for the next four years. I made a little money but not like these smart guys we hear about in their 20s who make millions. I wasn't even making a hundred thousand. I did much study on Warren Buffett and later, Bill Gates but Warren Buffett was my hero and always will be. Today, I invest and trade in stocks he never would touch and some he is invested in and I stick with ONE style for investing and ONE style for trading never changing and even in the digital age, not much has changed per psychology in the markets and other than the material facts basic and math, everything else is based on psychology imo. We have a lot more daytraders which has an effect on lower priced stocks as in moving things faster and that is the only difference. Even the economy hasn't changed much in investing or trading because we always had new things coming out and old ones going out.
I don't give advice to buy, sell or hold a stock and I pick some losers sometimes but I do advise anyone new to the markets to NOT invest for real. Practice on paper, not typing on a computer but by hand with a pen your picks and prices after you have learned charts, graphs, material terms, SEC terms and take a few courses in psychology College level if you can and do it on paper. I'm not in favor of stock courses because those are based on styles that might not be you. Develop your own style that works best for you and that first year, if you have done well on paper and understand economics (great course to take), you are ready for the markets but keep emotions out and NEVER panic or get greedy, DO NOT READ message board posts because that is getting in your subconscious and will have a negative effect on you. It won't help you so stay away from message boards per stocks. Keep things legal, never use insider knowledge, play fair but play HARD and think positive and know you will do well. You must believe it to achieve it.
Today, I'm disabled with severe MS yet I still work investing and trading thus; being disabled doesn't mean to sit home and collect a check unless you have no other option. Never give up in life. I believe in God and am a very moderate Christian in a very accepting Church for all people no matter race, gender, nationality, disability or sexual orientation. All are welcome and no one is sinful for those things at my Church. We have visits from Jewish Temple and vice versa so it's a collection of two traditions in faith. I have many Atheist friend and do not believe in trying to convert anyone. I love the USA and politically, I'm a moderate but I won't talk much about Religion or politics other than effects of short term trades per psychology of an election. I never say who I might vote for. I vote for both major Parties and the Independent Party and believe both Parties want the best for the nation. We are too divided as a people imo and time to come together and find all we have in common and work hard for the nation together. We should help each other out in hard times starting with our own family, neighbors and local communities without judging others imo.
I help the homeless essentially in winter. I don't advice you to drive around as I do since that can be dangerous but I get out and drive around looking for those in need. Very risky. I do not give rides or allow anyone in my car but I buy fresh food and bring clothing and give notes on where the person can get help and things like that. I do other things I keep between God and myself.
I have one hangup which is vanity per my looks and also my age so I never give my age out. That picture you see is me from early this year and I will just say, I'm over 46 and leave it at that. Some think I look younger. I never once did drugs and the 70s and 80s were drug filled, I did smoke and I went through a party phase when young going to the clubs and drinking but never got mixed up in alcoholism or even one night stands but I did my share of the party thing about three years so am no Saint. I'm not the smartest person around either which proves you don't need to be a genius to invest and trade. I am wise for my age but I think young and always say, I'm 28 and holding.
I have six years of College not eight and I did have a brokers license but it was in Real Estate. I retired from that. I was also President and CEO of First Impressions Incorporated.
My name is Mark and I wish everyone here well in whatever stocks you trade long, short, invest etc..
God bless and God bless the USA