Since stock threads seem to be popular now, here's some non-penny ideas

[Evzone]

There's a reason why penny stocks are penny stocks. Seriously, who the hell does an IPO for anything less than $50 mil? If your business really is legit, and if you need to raise under $50 mil of capital, negotiate with your commercial banker. Maybe issue some medium-term notes or a corporate bond. I'm not saying you can't make money off of penny stocks, but you have to admit, the securities that you're buying are based on some pretty odd circumstances.

Some legit ideas:
Teva Pharmaceuticals - one of the biggest generic drug makers in the world. The reason why I like them is that two of Pfizer's biggest drugs and two of the most profitable drugs of all time, Lipitor and Viagra, are going off patent very soon. This will be huge for a company like Teva.

The TBT electronic traded fund - it's short long term US Treasury bonds. Interest rates in the US are going to start going up in the next 12 months. You don't want to be long Treasuries when this happens. Treasuries got an upward pop with the Euro crisis, but that will blow over eventually; plus, our debt situation isn't exactly stellar either.

Short selling a China ETF - yes, I said it. I'd be short the China indicies right now. I've been doing some reading, and it looks like China is probably going to hit a recession in the next year or so. It's the same story as the US in 2007 to 2008 where China is in a huge real estate bubble, and eventually it's going to pop. China isn't going to go away obviously, but I think some people are way more enthusiastic than they should be. They had a huge run in the last decade, but everything hits a correction eventually.

 

[backbreaker]

not a stock but if you want to make about a 10% ROI in less than 2 minutes bet quality road in today's met mile at belmont. the horse is a freak of nature and he would have to get shot to lose the race, its' not a matter of if he is going to win it's by how much. i'm thinking 10 lentghs.

 

[Oxide]

There ya go, some nice stuff. Agreed with IR going up soon, its going to be rough in the US

BB, nice info but how can I place a bet without being on some site? Can I call over the phone and somehow collect?




Here is mine:



Looking heavily into MVIS and started a position friday. It bounced off the OBV today (very bullish), and on the chart it looks like the breakout is going to happen within next few weeks. Short volume is INSANE at 12 mil shares I believe, once this goes I am going on vacation. I know people who hold $250,000 and $150,000 each in this stock and I follow their moves. Prediction is breakout out of the pattern to go to $4, 5, and then 8.

http://img28.imageshack.us/img28/4416/mvisweekly.jpg



video showing what it looks like

http://www.youtube.com/watch?v=QzHmHWfi2ow

 

[Evzone]

I'll check out that company, Oxide. Not familiar with it too much myself.

Oh another thing about Teva, apparently Israeli companies (Teva being one of them) have been oversold lately now that Israel has joined the OECD. This means that Israel is now classified as a developed country instead of an emerging market, so all the emerging market hedge funds and asset managers have had to close out their Israeli positions. It's strange market dynamics like this that can have an impact, like how Berkshire Hathaway got that pop when they joined the S&P 500 since all the S&P mutual funds and ETFs were required to buy Berkshire.

 

[Oxide]

look at the weekly...it looks like its about to go up


http://stockcharts.com/c-sc/sc?s=teva&p=w&yr=0&mn=6&dy=0&i=p25650043489&r=1510

 

[synergy1]

Oil companies are like a 4 letter word, but exxon mobile has strong fundamentals and is under priced due to the industry news regarding BP. The fears are that costs to do business will go up and eat up margins, but I think Oil companies will come out of this ahead as always. I will be buying some exxon mobile soon and holding on to it for a while.

I am also biased towards XOM since they put in 600 mil to a company doing algae work! (Synthetic Genomics)

(Standard disclaimer: trust yourself and do the leg work to convince yourself its a good buy. If you disagree with me, don't pull the trigger )

 

[Julius_Seizeher]

Mid and large cap companies are great. That is, if you're already rich and have millions to invest, hey you might make 20% a year you never know!

Perhaps I erroneously assume that everybody else has the guts, and the desire to get rich, to invest in microcaps. All I would ask is that you do not dilude yourself, if you are not already wealthy then you are in no position to say "that's too risky" because risk is your only recourse. When you become wealthy, then you can rightfully say an investment is too risky, because you are in a position where you do not have to assume such high levels of risk to obtain the *assumed* objective of GETTING RICH.

Hell, if you want your money to suck wind, your friendly neighborhood banker is more than ready to help you.

Also, my fiduciary background gives me more confidence in navigating the treacherous waters of pinks and pennies. They are NOT all scams, every company that ever accomplished anything came from a meager beginning. With that fact in mind, even the most short-sighted individual would say "Wow, those guys were pvssies!" in reference to the people who said Microsoft and GE and US Steel were "too risky" when they were in their infancy. Now I do not mean to assume that the companies I have equity in will grow to be giants of Wall Street, but the beauty of penny stocks is, if they grow at all, you can make ALOT of money from a relatively small investment. Even a small uptick can mean huge gains when you own 10,000,000 shares, ya dig?

Come on, us young guys are supposed to be bold risk takers! If you don't take big risks now, your ability to do so in the future may be compromised. So I trade and invest in pennies, and my dad buys Kelloggs, Case IH, GE, McDonalds and the like. But he owns farmland so I don't know why he buys stocks anyway lol

 

[Evzone]

Oil companies are like a 4 letter word, but exxon mobile has strong fundamentals and is under priced due to the industry news regarding BP

I'd also be looking into refineries. The spread between crude oil and refined gasoline has been getting wider, and we're approaching summer driving season.

Come on, us young guys are supposed to be bold risk takers! If you don't take big risks now, your ability to do so in the future may be compromised. So I trade and invest in pennies, and my dad buys Kelloggs, Case IH, GE, McDonalds and the like.

Agreed wholehartedly, but I'm a calculated risk taker. I am a big proponent of small caps and investments off the beaten path, like distressed companies, turnaround stories, and emerging/frontier markets. Penny stocks though are still a bit too shaky for me. I have to take them case by case. For instance, I bought AIG very successfully some time ago as the news on them started getting better, and I bought Morgan Stanley and Bank of America while they were on the brink, betting that they would ultimately pull through. Risk is good, especially at a young age, but there's a fine line between being a badass and a dumbass. I'm not going to buy some random CRAP.PK no matter how many anecdotes that I hear.

Some penny stocks truly are an odd case where a company decided to do an IPO instead of issuing bonds or taking out a commercial loan (more typical for smaller companies; generally only larger companies will issue equity). Then again, some penny stocks aren't even real companies (ever seen the movie Boiler Room?). Remember, not all companies when they first came out started trading at less than $1. A lot of penny stock pushers try to create the illusion of a penny stock being the next Microsoft or whatever that comes out of nowhere, when things don't necessarily work that way. Goldman Sachs was already one of the most dominant investment banks in the world in 2000 when they first went public. The credit card company Visa didn't go public until 2008. I'm just saying these companies as examples but I think you get the idea.

When I want to go off the beaten path, I don't look to the OTC BB or the pink sheets; I look at solid, growing companies in fast growth regions like Turkey, Ukraine, Mexico, and other areas.

 

[Trader]

Mid and large cap companies are great. That is, if you're already rich and have millions to invest, hey you might make 20% a year you never know!

Perhaps I erroneously assume that everybody else has the guts, and the desire to get rich, to invest in microcaps. All I would ask is that you do not dilude yourself, if you are not already wealthy then you are in no position to say "that's too risky" because risk is your only recourse. When you become wealthy, then you can rightfully say an investment is too risky, because you are in a position where you do not have to assume such high levels of risk to obtain the *assumed* objective of GETTING RICH.

Hell, if you want your money to suck wind, your friendly neighborhood banker is more than ready to help you.

Also, my fiduciary background gives me more confidence in navigating the treacherous waters of pinks and pennies. They are NOT all scams, every company that ever accomplished anything came from a meager beginning. With that fact in mind, even the most short-sighted individual would say "Wow, those guys were pvssies!" in reference to the people who said Microsoft and GE and US Steel were "too risky" when they were in their infancy. Now I do not mean to assume that the companies I have equity in will grow to be giants of Wall Street, but the beauty of penny stocks is, if they grow at all, you can make ALOT of money from a relatively small investment. Even a small uptick can mean huge gains when you own 10,000,000 shares, ya dig?

Come on, us young guys are supposed to be bold risk takers! If you don't take big risks now, your ability to do so in the future may be compromised. So I trade and invest in pennies, and my dad buys Kelloggs, Case IH, GE, McDonalds and the like. But he owns farmland so I don't know why he buys stocks anyway lol

Now you are just being ridiculous.

Listen to Evzone

Agreed wholehartedly, but I'm a calculated risk taker. I am a big proponent of small caps and investments off the beaten path, like distressed companies, turnaround stories, and emerging/frontier markets.

Take risks, but smart risks. There is a difference between AIG trading under $2 and a penny stock - if you can't figure it out, well you have bigger problems.

Also, think about why venture capitalists never wanted *in* on those tiny companies - those companies' prospects are dubious at best, a joke at worst.

Perhaps I erroneously assume that everybody else has the guts, and the desire to get rich, to invest in microcaps. All I would ask is that you do not dilude yourself, if you are not already wealthy then you are in no position to say "that's too risky" because risk is your only recourse. When you become wealthy, then you can rightfully say an investment is too risky, because you are in a position where you do not have to assume such high levels of risk to obtain the *assumed* objective of GETTING RICH.

You don't have guts, far from it. You have desperation, desperation to get rich quick without working for it. I'm picking up some deep out of the money put options on you, and honestly I don't need to find an expiry very far off in the future in order to cash in on this.

 

[synergy1]

When you become wealthy, then you can rightfully say an investment is too risky, because you are in a position where you do not have to assume such high levels of risk to obtain the *assumed* objective of GETTING RICH.

Are you rich? have you gotten rich using these methods?

I don't need to get rich now. I need to get rich when I need to retire. Buying large caps at discounts and letting compounding work for you over that time can get you some good money. Pink street might be okay for you, but you can't say its the only way to get rich especially when you (presumably) aren't rich yourself. There are a lot of young impressionable folk here.

 

[Evzone]

Are you rich? have you gotten rich using these methods?

Okay in all fairness, I wouldn't doubt him too much if he did make a good amount of money. Two great books that I recommend are Fooled by Randomness and The Black Swan, both by Nassim Nicholas Taleb. No matter what strategy a group of people take (penny stocks for instance), with a large enough number, there is bound to be at least a few big winners. Someone in New Jersey even won the lottery--twice. I imagine that a few big winners at slot machines and roulette believe that they have some kind of "strategy" to what is really pure blind luck.

Julius, I would be interested though in how you come up with your penny stock ideas, as far as screening, selection and due diligence. I'm always open to new investment theories. We can discuss this on PM if you don't want to post it publicly.

 

[Oxide]

Okay in all fairness, I wouldn't doubt him too much if he did make a good amount of money. Two great books that I recommend are Fooled by Randomness and The Black Swan, both by Nassim Nicholas Taleb. No matter what strategy a group of people take (penny stocks for instance), with a large enough number, there is bound to be at least a few big winners. Someone in New Jersey even won the lottery--twice. I imagine that a few big winners at slot machines and roulette believe that they have some kind of "strategy" to what is really pure blind luck.

Julius, I would be interested though in how you come up with your penny stock ideas, as far as screening, selection and due diligence. I'm always open to new investment theories. We can discuss this on PM if you don't want to post it publicly.

you are giving him too much credit. I know a lot of people who trade pennies and most are down overall.


You have to learn how to play to win, but another poster is right - he is looking for the easy way, and that gets you burned

 

[gösta berling]

Interesting discussion. I´d just like to include a rare interview with
one of the greatest investors of all time: Walter Schloss

http://www.bengrahaminvesting.ca/Resources/Video_Presentations/Guest_Speakers/Schloss.htm

 

[backbreaker]

I have personally had plenty of experience with VC companies and the guy that pointed out that they just don't hand out money is spot, spot on. some very intelligent business people that sit on those boards and hand out money.

 

[Julius_Seizeher]

VCs would be my last, final, do-or-die, sell my soul to the devil, resort to get capitalized in what I believed was a 150% foolproof, guaranteed winning venture. I'm sure there are some good ones but man, I have heard too many horror stories from older entrepreneurs wincing as they remember their "young and foolish" days.

Unless your business is an absolute winner and you know how to manage money, the VCs will end up owning your company, end of story. At the very least, they will tell you how to run it, and you'll have to do what they say, because once you sign on the line, they own you.

And to those of you who attempt to rationalize your own cowardice by trying to tear me down, just keep doing what you're doing. How could you possibly claim to know my motives and degree of competence? You can't, you can only see in others what you KNOW of yourself, all the world's a mirror.

I do not invest wildly in whatever stock is getting pumped that week, nor do I take stock picks from a bull with lightning shooting out of his horns, or a wizard, or a bear, etc. Hell even pump and dumps aren't bad if you can get out of them quick enough. Pinks and subs are only a component of my wealth building strategy, I am long on a few but I mostly flip and roll my profits into the next investment (or flip). I am in the process of learning how to trade Forex, and I will soon have a Forex robot that makes money for me while I sleep. In the near future I will also be purchasing my first tax lien (real estate). The beauty is, I don't have to do any of this sh!t, I could just get a job and wait to inherit my family's farmland sometime in the next 20 years, but I am AMBITION and I refuse to "take it easy".

And this is just the INVESTMENT portion of my wealth-building strategy. I have a 9-5 role as an EMPLOYEE while I am also building my marketing clientele by writing newsletters and PRs for various businesses in my area in partnership with an established printer (ENTREPRENEUR). There is a sea of money out there waiting to be taken, and if you don't have any confidence and would rather sit on the sidelines and hate on guys like me, I have no sympathy for you.

Prime factor of my Investment Strategy: I have never lost money on a stock. And I have taken ZERO money from my trading account (only to pay taxes), it either gets immediately re-invested or sits in wait for the next one. Do you have the discipline to do what I do? Everyday I have to FIGHT myself to not transfer funds into my checking account and go buy a brand new Mercedes C350, or a Corvette Z06, or a Dodge 2500 with the Cummins Diesel, etc. As much as I want these things, my MISSION IN LIFE is to become RICH and to create jobs in my community.

Suffer now, and live the rest of my life as a champion, is my basic investment philosophy. For I am made of the sterner stuff, of what are you made?

 

[Oxide]

Never lost money on a stock? Sounds like BS bro

But I am glad you are ambitious

 

[synergy1]

Never lost money on a stock? Sounds like BS bro

But I am glad you are ambitious

He could be telling the truth, but if you started investing since the end of 08, it would be hard to be down in any of the major indexes. Thats not acme of skill ,but timing...see the STR8UP thread from last year that goes back and forth on this subject.

To be clear, I am not hating on J.S at all, just wondering if you have made tons of money going pennys. Its intriguing, albeit a bit risky for me given my inability to put the time in and lack of general knowledge on the subject. Remember, this thread is originally about bigger cap stocks, not about getting rich quickly. If you want to discuss that, go find the aforementioned thread with STR8UP regarding real estate. He said something along the lines of GET RICH FAST back in 2003 and last i heard he was selling wigs or something.

VCs would be my last, final, do-or-die, sell my soul to the devil, resort to get capitalized in what I believed was a 150% foolproof, guaranteed winning venture. I'm sure there are some good ones but man, I have heard too many horror stories from older entrepreneurs wincing as they remember their "young and foolish" days.

Regarding VCs, as a business owner I have to solve the dilemma of money. Slow money from the government for the right project is just that...slow. VC money can instantly fuel forward progress, but comes with strings attached. Depending on the VC, you basically sign your business over and they want an outsided return. Our products and services aren't something that generates cash flow immediately, but has several ancillary benefits. We view VCs as a conduit towards getting to a larger scale without the lingering time than the Federal Gov. has. For now, I would rather funding from something besides a VC so we maintain our share of the company.

 

[Oxide]

MVIS at 3.19 today, up 15% gotta love it.

next stop - $4, then $6, then $20 by next summer

 

[Axcell]

Wow, great call on MVIS... up about 15% since you made the call.
However, I strongly doubt it will break over $4 in the next month or so lol...

Good call nonetheless.

 

[macallik]

Nice pick. I am looking at

KOG
TEN
EDR

with EDR being the front runner in my eyes