Sunday, April 27, 2008

2 Tickers w/ Potential

Scotts Miracle Gro (SMG) CEO own over 30% and will retire in the next 3-years.  Will try to maximize shareholder value.   Moving into new product lines as well. Estimated 50-80% growth over the next 2-3 years…

 

POOL  Corp, currently well values with projected 09 earnings and pays 2.4% dividend.

 

Research, research research.

Friday, April 25, 2008

Rackspace Files for IPO

I remember when Rackspace moved into its new facility on the northwest side of town.  Huge warehouse, cheap rent.  This is another one of those companies “I grew up with” like VMWare.  I will be watching this one, as usual, rather closely.

 

About Rackspace:

 

Rackspace Hosting delivers a diverse suite of enterprise-class hosted IT services to businesses of all sizes. Customers choose Rackspace for its hosting specialization and expertise, backed by the company’s award-winning Fanatical Support®. By integrating the industry’s best technologies and delivering them as services, Rackspace Hosting serves as an extension of its customers’ IT departments. Because Rackspace Hosting removes the burden of infrastructure maintenance and management, customers can focus on their core business.

 

Get Your Prospectus:

 

Copies of the preliminary prospectus for the offering, when available, may be obtained from Goldman, Sachs & Co., Attention: Prospectus Department, 85 Broad Street, New York, New York 10004, by facsimile at 212-902-9316 or by e-mail at prospectus-ny@ny.email.gs.com; from Credit Suisse Securities (USA) LLC, Prospectus Department, One Madison Avenue, New York, NY 10010, telephone 800-221-1037; and from Merrill Lynch & Co., 4 World Financial Center, New York, NY 10080, telephone 866-500-5408.

 

 

Awesome Technical Analysis

Found this site from looking at Google financial discussions this
morning, while researching V.

http://www.stockta.com/

It does show V on a great Bullish trend with resistance in the low 80s.

Very useful tool for those of us that don't have time to crunch all the
numbers all the time!

Thursday, April 24, 2008

Intrepid Up on POT earnings

POT is up over 6 this morning was at 216 after yesterday's earnings beat
expectations by 50%. IPI is following suit and it up almost 2$ in the
AM. Waiting for IPI to rise on strong volume, although news this
morning indicates IPI underwriters to buy shares and they are exercising
their right to buy 4.5M more.

Wednesday, April 23, 2008

My new retirement plan-FRO

This is one of those companies that must give back profits to the shareholders and averages a 17% return.  Mostly in ordinary dividends and some as return on capital.  Also they have really big ships!  Suez Canal Class.  There chart shows distinct buy and sell trends over the year.  Just need to do some research on what the US requires for claiming ordinary dividends and having to hold for 60-days in the 121 days prior to an ex-dividend date.

 

FRONTOLINE, LTD.

 

Frontline, Ltd., through subsidiaries, engages primarily in the ownership and operation of oil tankers, including oil/bulk/ore (OBO) carriers. The company primarily transports crude oil, as well as raw materials like coal and iron ore. It operates tankers of two sizes, very large crude carriers (VLCCs), which are between 200,000 and 320,000 deadweight tons (dwt); and Suezmaxes, which are vessels between 120,000 and 170,000 dwt. Its VLCCs are used for the transportation of crude oil from the Middle East Gulf to the Far East, Northern Europe, the Caribbean, and the Louisiana Offshore Oil Port. Frontline's Suezmax tankers are used for trading primarily in the Atlantic Basin and the Middle East to south east Asia. Its OBO carriers transport oil and dry cargo. The company also engages in the charter, purchase, and sale of vessels. Its customers include oil companies, petroleum products traders, government agencies, and various other entities. As of May 31, 2007, Frontline's tanker fleet consisted of 81 vessels. The company was founded in 1948 and is based in Hamilton, Bermuda.

Blockbuster, Netflix or how about Apple TV

Just like the old sci-fi movies, just press a button and watch any movie you want…  Apple is no doubt set to dominate the consumer audio experience with all the I Pod stuff available and now how about this…  Let’s watch all those You Tube videos on our widescreen TV’s !!!!!

 

This adds the I want it now convenience that Netflix lacks and you don’t have to drive to Blockbuster.  BBI, NFLX I’m thinking AAPL!

 

·        Rent HD movies with Dolby Digital 5.1 surround sound

·        Buy TV shows and music

·        Browse Flickr and .Mac Web Gallery photos

·        Watch millions of YouTube videos

·        Play content from your computer on your widescreen TV

Apple TV turns your living room into an on-demand movie theater. After a free software update, with a few clicks of the remote, you can rent HD movies from the same place you watch them — your widescreen TV.

Key Features & Benefits:

·  Buy TV shows and music

Buy your favorite shows commercial free — as well as songs and music videos directly from your Apple TV

·  160 GB hard drive

Provides up to 200 hours of video

·  Show off your photos

Free your photos from the web and see them on your widescreen TV; you can also access your Flickr photos or .Mac Web Gallery with a click

·  Watch YouTube on your TV

"Watch YouTube videos on the big screen and enjoy thousands of free videos, including the top featured, most viewed, and top rated "

·  Requirements

  • Widescreen (16 x 9) enhanced-definition or high-definition television with an HDMI, DVI, or component video input port
  • Wired or wireless network
  • iTunes Store account
  • Broadband Internet connection (fees may apply)

·  What's in the box

  • Apple TV
  • Apple remote
  • Power cord
  • Printed documentation

·  Additional Features

  • Mac and PC compatibility
  • 802.11n Wi-Fi wireless

 

Intrepid Day 2

So here is my story of stupidity, I actually bought Intrepid at 50.55 last night.  Being a smart and wise investor I went and meant to place a stop loss of 49 to cover my risk if Intrepid were to tank today.  Good idea, right.  So when you are making these types of moves you must pay attention to what you actually click because making a limit order instead of a stop limit order can cause sudden palpitations of the heart.

 

Yes, I did and as quickly as I bought them they were sold.  Fortunately for me I only lost around $40 instead of what I would have lost today as Intrepid sank in the afternoon.

 

So what happened, yesterday Intrepid was being sold on strength, even though the price was rising more shares were being sold.  This is one sign of serious profit taking and in my opinion a sign of a speculative stock, since emotion and news tend to ignite buying.

 

Do I think there is potential with Intrepid? Absolutely.  But here are some of the things I am looking at: one, Intrepid only counts for 1.5% of the world’s total Potash supply.  Two, they primarily or almost completely sell domestically.  That means all the price hikes of tremendous proportions aren’t having a direct impact yet here in North America.  Not to think that it won’t soon.

 

Trying to figure a good buy point is going to be difficult, obviously if I said to buy at 50.55 many people would be pretty ticked off today.  With only one day of charts to look at and not much background info, although what I posted earlier is obviously promising, I am hesitant to make a comment on what to do currently. 

 

This should definitely be a strong long-term holding and if it follows what other Potash suppliers, albeit much larger, are doing will return nice profits.

 

By the way, CITI had positive guidance on most Potash supply companies.

Monday, April 21, 2008

Fertilizer Supply and Demand

Not to mention food shortages and rising food prices. The demand for
potash is increasing tremendously and so is the price...

Chinese fertilizer importers agree to pay over 300% more than what they
paid almost a year ago.

Canpotex has agreed to sell potash in 2008 to Sinofert Holdings for
$576/on more than $400/ton higher than the price it paid a year ago.

Belarussian Potash Corp., also agreed to raise prices to Chinese
importers by $400/ton.

Both Canpotex and Belarussian have agreed to sell potash to India for
$625/ton in 2008, more than double the price the country paid in 2007.

Not to be like all those comparing Visa to Mastercard but try POT and
MON for some price comparisons.

Intrepid Potash IPO next week!

Sunday, April 20, 2008

More Intrepid

Intrepid has raised its share offering and estimated price per share…

 

The Denver-based company now expects the offering to total 30 million shares and price between $27 and $29 apiece. Intrepid previously expected the offering to total 24 million shares and price between $24 and $26 per share.

 

In 2007, the company reported earnings from continuing operations of $29.7 million, compared with $24.1 million in 2006. Total sales rose to $213.5 million from $152.7 million in the prior year.

 

Given the global demand for fertilizer and the increased earnings and sales over the last year this is one to watch.

 

Great company background can be found here: http://www.themanufacturer.com/us/profile/3853/Intrepid_Potash_Mining?PHPSESSID=c88bc

 

Friday, April 18, 2008

Fertilizer IPO

Have you been watching some of the biggest money maker potentials out there.  Potash, mainly Intrepid potash and its forthcoming IPO.  What is potash you say, in short fertilizer.  Fertilizer that is in high demand around the world.  A U.S. based company, Intrepid is the country's largest producer of muriate of potash, or potassium chloride, a fertilizer that helps regulate plants' physiological functions and improves plant durability.  Ticker to be IPI on the NYSE.

Monday, April 7, 2008

CROX

Crox is up at the bell on strong volume... This could be the breakout
we have been looking for to buy on... Strong uptrend since April 1.
News is good, analyst ranking is good. Summer is coming and Paris
Hilton is wearing them, at least according to the YouTube video...
http://www.youtube.com/watch?v=MdYs7mvvenA

Friday, April 4, 2008

What's Visa Doing?

Not too bad in my opinion.  It seems to have found a new base around 64.  Options interest is high around 65 over the next few months.  Institutions and earnings are due to get involved and report in a few weeks and Visa will be exiting its quiet period here soon and start talking about what it is doing.  It’s still a good time to buy before news causes some momentum.  No it’s not another Mastercard for all the reasons you can find on a gazillion financial blogs and discussion groups but there is nothing stopping it from being or beating Mastercard performance.  It will all depend on investor interest and more importantly, again, how Visa positions itself for growth and alternative revenue streams as no-contact technology becomes more ubiquitous and of course, how it penetrates the Chinese and other markets… 

 

Visa has been very consistent with finding its floors and ceilings and the last few days seem to have driven the floor to 64…  A good sign that getting in now is fairly safe against a wide-gap drop in place…

What about Crox?

I have posted about Crox in the past and now it is hitting the headlines again.  Crox is on the rise with several analyst recommending it as a buy.  The target price is $44.  This makes sense since the company is profitable, utilizes little to no debt and has a positive outlook for sales and earnings.  Yes it is holding excessive inventory but summer is coming and its international business is doing very well.  They are also expanding their line to appeal to more customers, and yes I actually saw a pair of Crox sandals I would wear the other day while shopping at Dicks.  The chart looks very promising this week, could be a break-out.  It is still heavily owned by institutions and volume is staying strong.  I would recommend getting in around 22 if the chart supports a continued run and set a limit to sell at 44, no need to be greedy, as if a 100% return isn’t greedy.