THE PIG GETS A TAD IRRITATED AT TECHNOLOGY. BUT ITS ALWAYS BEST TO JUST BREATHE IN AND RELAX AND EXHALE AND COLLAPSE. GETTING BENT AT THE SITUATION GETS THE PIG NO WHERE.
SOME NEWS OUT ON AAA.V A PIG LONG TERM HOLDING AND A FAVORITE. THE PIG IS HOLDING FOR A BUYOUT OFFER. WHICH WOULD BE IN THE MULTIPLE DOLLAR RANGE, MARKET FOR PHOSPHATE AND RESERVES DEPENDENT. FNDM.OTC HAD A DOWN DAY TODAY, THE PIG MADE A COUPLE OF CALLS TO RE-ENFORCE HIS THOUGHTS ON IT AND CAME AWAY SUITABLY IMPRESSED. SO HE WADED IN FOR A FEW MORE. ADB.V, AND WOF.V ARE TUCKED AWAY FOR FUTURE MOVEMENTS AND WILL BE ASSESSED AT THAT TIME. THE PIG PICKED UP A FEW SHARES THIS WEEK ON ENA.V AS WELL. .
THE PIG CAUGHT UP ON HIS FOLLOW UP "BUCKET" LIST OF SOME TIPS TODAY. SKO.V, MTB.V, AND THE NOX.V/TYP.V SITUATION IN PARTICULAR, AND SEVERAL OTHERS ALL RECEIVED SOME GOOD VOTES OF CONFIDENCE.
LOTS GOING ON SO...
A FORUM MESSAGE ON FNDM........
You know only one insider who got in at the beginning bailed out. He had10 million shares and started dumping on the market when he was audited by the IRS. The company has been working on a long strategic plan with BMY to manage ETF's for them. Now that the guy with 10million is out of shares suspect they will release financials and also announce the companies stock buy-back plan. A lot of investors bought in not long ago in a day that traded $2 a share and over 2 million shares were bought up. Insiders are now buying, not selling. This is a steal at this price its that simple.
Its not important that you believe me because I don't need you to buy this stock in order for me to make money. I know the company will be buying my shares. This is gonna be one of the best plays of the summer. Its an ETF management fund, investors buy and hold. You won't see a big sell-off. After news on revenue and new business you will see some that got in the last 5 trading days take some profit then I expect this to head over $1 and even hit $2 by the end of the year. I can't quote where I get my info for obvious reasons.
Its not important that you believe me because I don't need you to buy this stock in order for me to make money. I know the company will be buying my shares. This is gonna be one of the best plays of the summer. Its an ETF management fund, investors buy and hold. You won't see a big sell-off. After news on revenue and new business you will see some that got in the last 5 trading days take some profit then I expect this to head over $1 and even hit $2 by the end of the year. I can't quote where I get my info for obvious reasons.
OPW.V...BACK ON APRIL 15TH THE PIG PICKED OPW TO MOVE FROM THE .08C LEVEL. IT DID AND TOPPED OUT AT .24C. THE STOCK COMES UP AS ONE OF YOUR TOP THREE TONIGHT AND THE PIG THINKS ITS GOING TO DO ANOTHER CYCLE. ITS A BUY (SOMEONE IS AND JUST STARTED AT IT) AND THE PIG WILL BE PLACING AN ORDER THIS WEEK.
EAG.V...ANOTHER PREVIOUS PIG PICK AND SLOWLY ACCUMULATED PIGLET. A BIG SPIKE TODAY AND YET MORE UPSIDE ACCORDING TO THE PIG SCANNER. MAJOR MOMENTUM AND SENTIMENT NUMBERS AND NET CAPITAL INFLOWS TELL THE PIG, ITS GOING HIGHER.
LGR.V...BELIEVE ME OR BESIEGE ME ? ANOTHER SPIKER ON THE DAY AND OF COURSE HIGH SCANNER. THE PIG LIKES THE NUMBERS BUT NEEDS TO SEE MORE HISTORY ON THE VOLUME SIDE. LIQUIDITY IS A HALLMARK THE PIG SAYS, WITHOUT IT WERE FORKED. VOLUME SHOULD ALWAYS PRECEDE PRICE.
The following were taken from a successful fund manager. Not every rule applies to resource investing.
Rule 1: Investing can be fun and exciting, but costly if you don't do any homework.
Rule 2: Your investor's edge is not something you get from so called experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies you already understand.
Rule 3: Over the past 3 decades, the stock market has come to be dominated by a herd of professional investors. Contrary to popular belief, this makes it easier for the amateur investor. You can beat the market by ignoring the herd.
Rule 4: Behind every stock is a company. Find out what it's doing.
Rule 5: Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100% correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies.
Rule 6: You have to know what you own, and why you own it. "This baby is a cinch to go up" doesn't count.
Rule 7: Long shots almost always miss the mark.
Rule 8: Owning stocks is like having children - don't get involved with more than you can handle. The part-time stock-picker probably has time to follow 8-12 companies, and to buy and sell shares as conditions warrant. There don't have to be more than 5 companies in the portfolio at any one time.
Rule 9: If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
Rule 10: Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets (or cash, requiring raising funds via share dilution). Always look at the balance sheet to see if a company is solvent before you risk your money on it.
Rule 11: Avoid hot stocks in hot industries. Following the herd mentality doesn't last long term
Rule 12: With small companies, you are better off to wait until they turn a profit before you invest.
Rule 13: If you are thinking of investing in a troubled industry, buy the companies with staying power. Also, wait for the industry to show signs of revival. Buggy whips and radio tubes were troubled industries that never came back.
Rule 14: If you invest $1000 in a stock, all you can lose is $1000, but you stand to gain $10,000 or even $50,000 over time if you are patient. The average person can concentrate on a few good companies, while the fund manager is forced to diversify. By owning too many stocks, you lose this advantage of concentration. It only takes a handful of big winners to make a lifetime of investing worthwhile.
Rule 15: In every industry and every region of the country, the observant amateur can find great growth companies long before the professionals have discovered them.
Rule 16: A stock market decline is as routine as a January blizzard in Colorado. If you are prepared, it can't hurt you. A decline is a great opportunity to pick up the bargains left behind by investors who are fleeing the storm in panic.
Rule 17: Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and stock mutual funds altogether.
Rule 18: There is always something to worry about. Avoid weekend thinking and ignore the latest dire predictions of the newscasters. Sell a stock because the company's fundamentals deteriorate, not because the sky is falling.
Rule 19: Nobody can predict interest rates, the future direction of the economy, or the stock market, Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you have invested.
Rule 20: If you study 10 companies, you will find 1 for which the story is better than expected. If you study 50, you'll find 5. There are always pleasant surprises to be found in the stock market - companies whose achievements are being overlooked by the "professionals".
Rule 21: If you don't study any companies, you have the same success buying stocks as you do in a poker game.
Rule 22: Time is on your side when you own shares of superior companies. You can afford to be patient. Time is against you when you own options.
Rule 23: If you have the stomach for stocks, but neither the time nor the inclination to do your homework, invest in equity mutual funds. Here, it's a good idea to diversify. You should own a few different kinds of funds, with managers who pursue different styles of investing: growth, value small companies, large companies etc. Investing the six of the same kind of fund is not diversification.
Rule 24: You can take advantage of the faster-growing economies by investing some portion of your assets in an overseas fund with a good record.
Rule 25: In the long run, a portfolio of well-chosen stocks will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.
These rules are simple and can be effective when applied accordingly
Rule 1: Investing can be fun and exciting, but costly if you don't do any homework.
Rule 2: Your investor's edge is not something you get from so called experts. It's something you already have. You can outperform the experts if you use your edge by investing in companies you already understand.
Rule 3: Over the past 3 decades, the stock market has come to be dominated by a herd of professional investors. Contrary to popular belief, this makes it easier for the amateur investor. You can beat the market by ignoring the herd.
Rule 4: Behind every stock is a company. Find out what it's doing.
Rule 5: Often, there is no correlation between the success of a company's operations and the success of its stock over a few months or even a few years. In the long term, there is a 100% correlation between the success of the company and the success of its stock. This disparity is the key to making money; it pays to be patient, and to own successful companies.
Rule 6: You have to know what you own, and why you own it. "This baby is a cinch to go up" doesn't count.
Rule 7: Long shots almost always miss the mark.
Rule 8: Owning stocks is like having children - don't get involved with more than you can handle. The part-time stock-picker probably has time to follow 8-12 companies, and to buy and sell shares as conditions warrant. There don't have to be more than 5 companies in the portfolio at any one time.
Rule 9: If you can't find any companies that you think are attractive, put your money in the bank until you discover some.
Rule 10: Never invest in a company without understanding its finances. The biggest losses in stocks come from companies with poor balance sheets (or cash, requiring raising funds via share dilution). Always look at the balance sheet to see if a company is solvent before you risk your money on it.
Rule 11: Avoid hot stocks in hot industries. Following the herd mentality doesn't last long term
Rule 12: With small companies, you are better off to wait until they turn a profit before you invest.
Rule 13: If you are thinking of investing in a troubled industry, buy the companies with staying power. Also, wait for the industry to show signs of revival. Buggy whips and radio tubes were troubled industries that never came back.
Rule 14: If you invest $1000 in a stock, all you can lose is $1000, but you stand to gain $10,000 or even $50,000 over time if you are patient. The average person can concentrate on a few good companies, while the fund manager is forced to diversify. By owning too many stocks, you lose this advantage of concentration. It only takes a handful of big winners to make a lifetime of investing worthwhile.
Rule 15: In every industry and every region of the country, the observant amateur can find great growth companies long before the professionals have discovered them.
Rule 16: A stock market decline is as routine as a January blizzard in Colorado. If you are prepared, it can't hurt you. A decline is a great opportunity to pick up the bargains left behind by investors who are fleeing the storm in panic.
Rule 17: Everyone has the brainpower to make money in stocks. Not everyone has the stomach. If you are susceptible to selling everything in a panic, you ought to avoid stocks and stock mutual funds altogether.
Rule 18: There is always something to worry about. Avoid weekend thinking and ignore the latest dire predictions of the newscasters. Sell a stock because the company's fundamentals deteriorate, not because the sky is falling.
Rule 19: Nobody can predict interest rates, the future direction of the economy, or the stock market, Dismiss all such forecasts and concentrate on what's actually happening to the companies in which you have invested.
Rule 20: If you study 10 companies, you will find 1 for which the story is better than expected. If you study 50, you'll find 5. There are always pleasant surprises to be found in the stock market - companies whose achievements are being overlooked by the "professionals".
Rule 21: If you don't study any companies, you have the same success buying stocks as you do in a poker game.
Rule 22: Time is on your side when you own shares of superior companies. You can afford to be patient. Time is against you when you own options.
Rule 23: If you have the stomach for stocks, but neither the time nor the inclination to do your homework, invest in equity mutual funds. Here, it's a good idea to diversify. You should own a few different kinds of funds, with managers who pursue different styles of investing: growth, value small companies, large companies etc. Investing the six of the same kind of fund is not diversification.
Rule 24: You can take advantage of the faster-growing economies by investing some portion of your assets in an overseas fund with a good record.
Rule 25: In the long run, a portfolio of well-chosen stocks will always outperform a portfolio of bonds or a money-market account. In the long run, a portfolio of poorly chosen stocks won't outperform the money left under the mattress.
These rules are simple and can be effective when applied accordingly
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