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Viewing 15 posts - 1 through 15 (of 105 total)
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  • Faris Sleem
    Keymaster
    Post count: 138
    in reply to: GASS #17775

    I’m in the same boat Chris. I still own a good chunk of Safe Bulkers (SB) as well. The only added risk that can slow down earnings growth is the start of this rate hike cycle. High debt stocks are likely to lag due to lower earnings.

    Faris Sleem
    Keymaster
    Post count: 138

    Seems like this adds the possibility of a merger or acquisition. Considering the stock is trading around its book value, I’m hoping that any merger/acquisition would be at a higher premium for shareholders. Either way, I think that’s a positive news for a company that is in need of a turnaround.

    Faris Sleem
    Keymaster
    Post count: 138

    I recently reentered MACE as well. I feel like the risk/reward alone justifies this sub $0.20. But obviously I am a bit biased…

    Faris Sleem
    Keymaster
    Post count: 138
    in reply to: BUKS Volume #17496

    For what it’s worth, I really liked that DraftKings news. I think BUKS may have a brighter future than I initially anticipated.

    Faris Sleem
    Keymaster
    Post count: 138

    There is definitely some unusual CTHR insider buying pressure to say the least! If you look at the NASDAQ page, it shows huge accumulation over the past 12 months but no sellers whatsoever. Good find!

    Faris Sleem
    Keymaster
    Post count: 138

    Earnings were not bad considering demand was consistent across all segments. Still seems like a great value play at a reasonable price. Thanks for posting these discounts, it’s always helpful.

    Faris Sleem
    Keymaster
    Post count: 138

    Don,

    If you have not yet entered MACE, it is definitely trading at an attractive price point. While we were not pleased with the earnings selloff last quarter, the stock still has a Bowser Rating of 10 and has gotten much cheaper.
    Your goal is not to nail the low with your entry point, but simply get a decent average for your long-term position. Although small cap volatility promotes active trading, you want to keep the entry point simple. Since MACE is a value stock, as long as it is trading at an attractive price relative to its valuation then you can enter/reenter.

    Faris Sleem
    Keymaster
    Post count: 138

    Just a personal note, I admire your patience and discipline with entry points Robert. Keep us posted on how that works out for you! Considering KTEL was recommended @ $0.65, you have a great cost-basis with that dip buy.

    Faris Sleem
    Keymaster
    Post count: 138

    Hey James, there is no doubt that a few of the recent picks have been underperforming. This goes hand-in-hand with small caps underperforming as a whole as well as pullbacks following recent run ups. For example, let’s take a look at the stocks that you mentioned. Upon recommendation, we mentioned reasonable entry points for PRKA and MNDO given their slight overvaluations. If you bought the stocks without waiting for the entry price we had suggested, then you might want to tweak your entry points or position sizes.

    Of the past 12 picks, only one stock (MACE) has dropped 50% without doubling. Six of the 12 stock picks have doubled, including the aforementioned SGRP. If you took a loss and did not get out on the SGRP spike, you also might want to test out setting GTC (Good ‘Til Canceled) sell orders to avoid missing out on a good exit price.

    As for general portfolio management, it’s always a good bet to follow the Game Plan. By following it closely, your portfolio should not be down 80% nor should you have losers that exceed 50%. The Game Plan also suggests diversifying by investing in at least 8-12 stocks to limit risk exposure. If you have any questions or comments, feel free to reply to this thread.

    Faris Sleem
    Keymaster
    Post count: 138
    in reply to: BUKS Volume #16883

    Mitchell, I did not see any news related to the volume increase. It seemed to be one large buy that went through, but it is tough to tell.

    Faris Sleem
    Keymaster
    Post count: 138

    Don,
    This is a terrific suggestion because it ensures that the investor is able to take profits on any temporary price increase. It would especially work for investors that do not have time to follow their holdings or the markets as a whole.

    The only downside to this method is that you may miss out on more short-term upside. For example, if the stock spikes up 70% on news, you would miss out on a good chunk of the upside. However, it is still the best method for exiting when the stock doubles and keeps you disciplined in following the Game Plan.

    Faris Sleem
    Keymaster
    Post count: 138
    in reply to: Mining Stocks #16712

    We have not had a mining stock in the newsletter since 2012. That was shortly after they topped in late-2011 before finding a bottom in 2016. Despite gold and other precious metals substantially pulling back from their 52-week highs, many of the mining names that we track are still 10-20% overvalued.
    Since the majority are not rapid growth stocks, we cannot recommend them until they hit a reasonable market valuation. Here is a finviz scan of gold miners with strong fundamentals to hold you over until then.

    Faris Sleem
    Keymaster
    Post count: 138

    Nicely done Chris. I’ve been gradually buying a few names on this market weakness as well. A few other names that are tempting over $3 are RADA, FKWL, and OESX but I’m trying to stick to the Game Plan.

    Faris Sleem
    Keymaster
    Post count: 138
    in reply to: OSS #16661

    I just checked recently as well, no news that I can see. Has been making these wild swings for a few weeks now.

    Faris Sleem
    Keymaster
    Post count: 138

    VERY unusual instance because most stocks remain list after bankruptcy and add a “Q” at the end of the original ticker. I’m assuming the brokerage firm would just liquidate the position for you.

Viewing 15 posts - 1 through 15 (of 105 total)