...that will outperform the dow jones industrial average (symbol: DJI) over the course of six months.
Rules:
(1) it has to have some common symbol which can be looked up on, say, cnn money, google finance, yahoo finance, etc.
(2) you have to post your item's stock symbol and today's opening number (so that we have a common baseline and it doesn't matter exactly what second you post).
(3) official end date: opening number, Nov 19.
For example, for the dow, symbol: DJI, 1295.41
At stake: not much (duh) bragging rights and some rate ups from me (likely worthless but...) for the person who beats the Dow by the greatest margin (percent increase).
Edited, May 19th 2008 7:38am by yossarian
Edited, May 19th 2008 7:42am by yossarian
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MVIS, opened at 3.99 today.
Makes small projectors slated for cell phones, etc. Will either take off or tank in the next year depending on whom cell phone makers choose.
--DK
Makes small projectors slated for cell phones, etc. Will either take off or tank in the next year depending on whom cell phone makers choose.
--DK
Merck.
Right at $40 today.
http://finance.google.com/finance?client=ob&q=NYSE:MRK
Right at $40 today.
http://finance.google.com/finance?client=ob&q=NYSE:MRK
Disclaimer:
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
NephthysWanderer wrote:
Kmart.
Haha...good one.
You get stock symbol: SHLD, opening today at 95.03.
yossarian wrote:
NephthysWanderer wrote:
Kmart.
Haha...good one.
You get stock symbol: SHLD, opening today at 95.03.
Even better!
I'm still struggling to find a Burmese construction company that's quoted, so I'll plump for Halliburton at 49.07.
Of course, the two comments are entirely unrelated
Of course, the two comments are entirely unrelated
"I started out with nothin' and I still got most of it left" - Seasick Steve
L'Oreal
LRLCY, opened today at 24.20
LRLCY, opened today at 24.20
Alma wrote:
I lost my post
TSX index
Haha. Obviously. I think he was looking for US stuff.
Disclaimer:
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
Suncor. This stock has already tripled on me since I bought it a couple years ago and I expect it to triple again over the next couple years. Oil sands FTW.
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Suncor. This stock has already tripled on me since I bought it a couple years ago and I expect it to triple again over the next couple years. Oil sands FTW.
I'd obviously do due diligence before buying it, but let me ask offhand: How closely is it tied to the commodity price of crude?
Disclaimer:
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
It is very much tied to the price of crude. If oil prices plunge, Suncor's price will plunge as well. It is a volatile stock. The oil sands is the biggest raw source of crude oil outside Saudi Arabia. Suncor is the best of breed of oil sands companies. When I bought it, oil was about $30 a barrel and they claimed they needed to get to $40 in order to make a profit due to the higher cost of mining the oil sands. At $100 plus, the only question is how quickly they can expand their operations to increase their profits. I would wait until oil goes through another down cycle and their stock drops and buy it then. I've been buying pieces of it during its down cycles. But I personally think oil will continue to rise, which makes Suncor potentially the world's largest oil company in a few years.
There are also several other oil sands stocks that are good buys due to their dividends more than their potential price increases. They are taking advantage of a Canadian tax loophole that is going to disappear in a couple years, but for now pay dividends between 5 and 10%. Prime West and Penn West are the two I can think of off the top of my head.
There are also several other oil sands stocks that are good buys due to their dividends more than their potential price increases. They are taking advantage of a Canadian tax loophole that is going to disappear in a couple years, but for now pay dividends between 5 and 10%. Prime West and Penn West are the two I can think of off the top of my head.
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I'll give you another stock pick if you are the gambling type. Penn National (Penn). It currently trades for $43 a share. It is scheduled to be sold to a private investment firm in June for $67 a share. If the sale goes through you will make a more than 50% profit in a just a month. If the sale doesn't go through, well it's a solid company, so it's not a totally worthless investment, but it is still likely to drop in value. I'd hang on to it through the first drop and it will likely come back up somewhat.
I've done as much research on this as I can. From what I can tell, the financing for the sale is solidly in place, the shareholders have approved the sale and most of the jurisdictions that have to approve the sales of casinos have already done so, with the last few not expected to be a problem. There is a huge penalty if the buyer backs out and every day after the target date they don't get the deal done the sales price goes up, as does the penalty for breaking the contract. The price is probably over valued in today's market, which is why Wall Street is staying away from it, but I think the penalty and financing will push it through.
So there's your gamble. Buy this casino gaming stock and a month from now you either get your money plus 50% more or end up with a stock worth perhaps 25% less, but still a decent company that could well rebound over the long term. If you buy it, just remember I said it is a pure gamble. I wouldn't put money into it I couldn't afford to lose or to tie up long term.
I've done as much research on this as I can. From what I can tell, the financing for the sale is solidly in place, the shareholders have approved the sale and most of the jurisdictions that have to approve the sales of casinos have already done so, with the last few not expected to be a problem. There is a huge penalty if the buyer backs out and every day after the target date they don't get the deal done the sales price goes up, as does the penalty for breaking the contract. The price is probably over valued in today's market, which is why Wall Street is staying away from it, but I think the penalty and financing will push it through.
So there's your gamble. Buy this casino gaming stock and a month from now you either get your money plus 50% more or end up with a stock worth perhaps 25% less, but still a decent company that could well rebound over the long term. If you buy it, just remember I said it is a pure gamble. I wouldn't put money into it I couldn't afford to lose or to tie up long term.
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I'll give you another stock pick if you are the gambling type. Penn National (Penn). It currently trades for $43 a share.
Own it at $45. I hold (or trade) probably too many gaming stocks because I'm in and around casinos so much that I'm more inclined to take the time to research them. Buy what you know, etc.
I recently sold Wynn at 150ish, and still hold MGM/Mirage, and have a short position in Boyd Gaming.
Oh, while we're here, I'm short Oil. Not that it's working out for me so far, but if it get below $119 in the next six months I'll do ok.
Edited, May 20th 2008 12:12pm by Smasharoo
Disclaimer:
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
I pick CKSW (ClickSoftware Technologies) at 3.09. It's a risky bet but in terms of percentage gain it's good for this kind of competition. They mostly provide software for managing businesses.
And Yossarian, betting against the Russell 3000 might be better for a contest since it comprises more stocks. But it's your rules, not mine.
And Yossarian, betting against the Russell 3000 might be better for a contest since it comprises more stocks. But it's your rules, not mine.
Makaro wrote:
And Yossarian, betting against the Russell 3000 might be better for a contest since it comprises more stocks. But it's your rules, not mine.
Well, I guess you get some bragging rights if you beat the Dow, but the rate-ups go to the one who beats it by the most, which by definition would mean one also beat the Russell, NASDAQ, etc. by the most. So it doesn't really matter - and thus I picked the most "famous" one.
Shell Oil.
Sincerely,
the American Public
Totem
Sincerely,
the American Public
Totem
Totem wrote:
Shell Oil.
You get RDSA at 85.13
shykre wrote:
TSX index
I dropped this into cnn money and cannot get a quote on it. What symbol? What value?
Am I winning?
I dropped this into cnn money and cannot get a quote on it. What symbol? What value?
It's the Canadian exchange. I think it currently trades moose antlers and hockey pucks almost exclusively.
Disclaimer:
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
To make a long story short, I don't take any responsibility for anything I post here. It's not news, it's not truth, it's not serious. It's parody. It's satire. It's bitter. It's angsty. Your mother's a *****. You like to jack off dogs. That's right, you heard me. You like to grab that dog by the bone and rub it like a ski pole. Your dad? Gay. Your priest? Straight. **** off and let me post. It's not true, it's all in good fun. Now go away.
Smasharoo wrote:
I dropped this into cnn money and cannot get a quote on it. What symbol? What value?
It's the Canadian exchange. I think it currently trades moose antlers and hockey pucks almost exclusively.
The market for beaver pelts plummeted when Nor'westers went out of business.
Bode - 100 Holy Paladin - Lightbringer
Just wanted to point out Suncor split 2 for 1 on Monday.
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Allakhazam Defender of Justice wrote:
Just wanted to point out Suncor split 2 for 1 on Monday.
(...and the rich get richer
) Elinda wrote:
L'Oreal
LRLCY, opened today at 24.20
LRLCY, opened today at 24.20
LRLCY opened today at 24.50.
Alma wrote:
I lost my post
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