you know that TIE has announced a 2 for 1 split scheduled for tommorow, right?

5/4/2006 12:26:51 PM

and PEIX is down to 33

5/4/2006 12:29:00 PM

see what happens when people get scared and dump with market orders

its already back up over 34 and climbing

5/4/2006 12:42:20 PM

any reason why pgpm is so volatile? i mean one day it's at 19 the next it's bottoming out at 13

5/4/2006 12:50:04 PM

^ because its so tiny

5/4/2006 12:55:24 PM

looks like an afternoon run on PEIX

5/4/2006 1:26:55 PM

and they have 1trillion outstanding shares

pgpm is so freaking scary -
shell companies of all sorts are scary.

Quote :

"STOCKHOLDERS' EQUITY Common Stock, $0.0001 par value, 1,000,000,000 shares authorized and 324,520,012 shares issued and outstanding 32,452 Additional paid in capital 334,417 Retained earnings 19,425 TOTAL STOCKHOLDERS’ EQUITY 386,294 TOTAL LIABILITIES & STOCKHOLDERS’ EQUITY $ 397,494 "

uhm yeah 1trillion outstanding shares and they consider the liability to be less than 400k


oh yeah typos in the financial reports aren't very settling:

Quote :

" Increase in cash 95,535 Cash, beginning of year 01-01-06 40,271 Cash, end of period 12-31-05 $ 135,806"

Quote :

"The company as of March 31, 2006 had a NPV of $1,427,067 in estimated net remaining proved undeveloped reserves of 576,192 barrels valued at $40.00 per barrel."

mmm not encouraging - scam scam scam scam scam

[Edited on May 4, 2006 at 1:37 PM. Reason : SCAM]

5/4/2006 1:27:09 PM

thats billion with a b

5/4/2006 1:39:20 PM

ahah good call

5/4/2006 1:40:06 PM

just FYI I got spooked and sold

5/4/2006 3:49:49 PM

how long did it take for your sell order to get filled?

what limit price did you use?

5/4/2006 4:36:38 PM

it took about 10 minutes

its not that hard, but it can be hairy based on how quickly things are going up or down

I usually pick a limit based on the percentage generated from what I paid for it

5/4/2006 5:41:53 PM

^ you going to get back in... or you looking at something else?

5/4/2006 10:57:14 PM

I'll keep an eye on 'em

I made a little change trading them, but I might play it safe for a bit. Oil has slacked a little late this week, and pink sheet volatility magnifies any shift in the market. I'll take my gains and put them into something more stable for the moment.

I hesitate to put $ in biotechs, been burned by problems with FDA approval and trials

5/4/2006 11:33:14 PM

you'll trade on schizo penny stocks but you're afraid of biotech?

5/4/2006 11:39:39 PM

biotech is all about hit or miss. the fate of so many small biotechs is determined by binary events in approvals. you either have to hold a portfolio of small ones, a company with therapeutic and.or platform diversification, or know that the science can translate into cash flow.

5/4/2006 11:49:58 PM

ok so who's been making dime on the avian flu? no vaccines in the pipeline for that one?

5/5/2006 12:01:50 AM

just ot be safe, i'm not talking anymore about individual biotechs and pharmas

my day job is to work on a deal level in that sector

i don't want to be seen as saying/doing something unscrupulous, nor do i want to put out slanted ideas

5/5/2006 12:05:19 AM

thats what aliases are for

5/5/2006 12:11:36 AM

nah, i want to be able to sleep at night too

...ironic, as i'm typing this at 1:30

5/5/2006 1:28:55 AM

tie is a great trading stock.

peix looks good to me to. i like the ethanol/oil companies.

finally sbux to make some money

5/5/2006 2:45:49 AM

those of you've looking for an opportunity to move on Trident have a good opportunity now

5/5/2006 12:36:20 PM

TIE at $77 and rising.

Quote :

"TIE is on fire. I've been watching this one for a few months. I'm seeing this as an $80 stock. 4/14/2006 12:20:32 PM"

And all I'll get if it hits $80 is the satisfaction of being right, and not owning a single share.

5/5/2006 12:55:20 PM

i know trading penny stocks is about as close to gambling as you can get, but where do you find info on them, etc. buying in huge volumes and hoping it goes up a tick or two, and you've made a quick couple of hundred.... thoughts?

5/5/2006 1:04:22 PM

looks like my kkd is making a move, breaking its 52 week. about damn time. i guess finally restating their 03-05 earnings calmed enough nerves

5/5/2006 1:26:10 PM

any advice on natural gas stocks?

5/5/2006 2:53:03 PM

ACI has a 2:1 split on May 16. Options premiums aren't bad, but the only factor that I'm not sure about is the fluctuating price of oil between now and then influencing the demand for coal.

Where is a good place to get oil price forecasts?

[Edited on May 5, 2006 at 4:17 PM. Reason : .]

5/5/2006 4:17:19 PM

http://www.eia.doe.gov/emeu/international/contents.html

5/5/2006 6:19:33 PM

Quote :

"and you've made a quick couple of hundred.... thoughts?"

try thousands if u play your card right

The TIE is doing well for me too

5/5/2006 8:18:03 PM

any thoughts then what pgpm will shoot up to in the near future?

5/6/2006 2:51:24 PM

An ETF for New IPO Stocks

Last week, exchange-traded funds entered yet another realm of investing with the launch of the IPOX-100 Index Fund (AMEX: FPX). This one lets you invest in IPOs -- specifically, the 100 largest IPOs in terms of market cap, from the seventh day after the IPO until the new stock's 1,000th day of trading. Thus, you'll see stocks such as Google (Nasdaq: GOOG) in the index.

http://www.fool.com/News/mft/2006/mft06041816.htm

5/7/2006 8:40:33 AM

yeah but wouldn't you think 7 days is too late for most IPOs?

5/7/2006 1:00:37 PM

Only if it's a highly speculative company, or if you're looking to flip it quickly. With an average market cap of 4billion, these IPOs are larger, companies, that don't carry the risk of the smaller gimmick companies that may or may not succeed.

I wouldn't think that 7 days would have been too late for Google or UPS...

5/7/2006 1:08:01 PM

I'd like to thank you Bobby for the pick on TIE, its done quite well for me

another pink sheet that I'm holding right now is National Storm Management Services Inc. NLST.PK
They do insurance stuff for wind and hail damage in Florida and the Midwest. I hear they have also opened up an office in the New Orleans area. Something to look at, trading well off the 52 week high, and once the Hurricane season starts in earnest, look out!

[Edited on May 8, 2006 at 12:21 PM. Reason : .]

5/8/2006 12:21:13 PM

Hey, glad that someone made something off of it, even if I couldn't.

Speaking of IPOs, anyone get this email from vonage?

Quote :

"Dear Valued Vonage Customer, As you may know, Vonage has filed a registration statement with the Securities and Exchange Commission (SEC) related to its proposed initial public offering (IPO) of common stock. Because much of our success is attributable to our customers, we have asked the underwriters of the IPO to reserve shares of common stock for sale to certain Vonage customers at the IPO price in a Directed Share Program. You may be eligible to participate in the Directed Share Program if you meet certain eligibility requirements, including having been a Vonage customer from December 15, 2005 through February 1, 2006. You do not need to continue to be a Vonage customer in order to participate. Further information about the terms and conditions of the Directed Share Program, including the eligibility requirements and the process for participating in the program, are available in our registration statement and at the following website: http://www.vonageipo.com Thank you, Vonage "

Before you ask, yep, it's legit. I read that they are expecting the price to be somewhere around $18, max of 5000 shares.

Incidentally, I just got a few grand that I can play with so i'm very very very tempted. Especially since I can get in on the IPO pre-market price.

5/8/2006 12:34:05 PM

I've been wondering how I could get in with the Vonage IPO

5/8/2006 12:40:51 PM

PEIX up over 38 again, after the drawback to 33 like I predicted

TIE nearing 80

made a little change with NLST.PK for the ride up, pick up a little more on the pullback

5/8/2006 2:32:56 PM

any thoughts on the significance of the dilution they warn about?

(from the prospectus)

Quote :

"If you invest in our common stock, your interest will be diluted to the extent of the difference between the initial public offering price per share of our common stock and the net tangible book value per share of our common stock immediately after the completion of this offering. Dilution results from the fact that the per share offering price of the common stock is substantially in excess of the book value per share attributable to the existing stockholders for the presently outstanding stock. Our net tangible book value at March 31, 2006 was $(451.2) million, or $(319.30) per share of common stock. Assuming the conversion of our preferred stock into common stock and that the 31,250,000 shares of our common stock offered by us under this prospectus are sold at an initial public offering price of $17.00 per share (the midpoint of the range set forth on the cover page of this prospectus), after deducting the estimated underwriting discounts and commissions and estimated offering expenses payable by us, our pro forma net tangible book value as of March 31, 2006, would have been approximately $433.1 million, or $2.78 per share. This represents an immediate increase in pro forma net tangible book value of $3.28 per share to existing stockholders and an immediate dilution of $14.22 per share to new investors purchasing shares of common stock in this offering."

5/8/2006 2:51:10 PM

^^^^ yeah, thanks Bobby! i have 2 other friends at Cisco that were keen on TIE as well. i had to buy it.

^ yeah, i should've sold TGC and BDCO when they were high and gotten into PEIX

Quote :

"yeah but wouldn't you think 7 days is too late for most IPOs?"

reminds me of my fling with BIDU

5/8/2006 2:52:06 PM

I'm debating selling some PEIX puts at 35, but can't find much good research on it.

Opinions?

5/8/2006 2:52:44 PM

selling puts in addition to buying the stock outright? what are you trying to do?

5/8/2006 3:06:45 PM

no, just selling puts and hoping that the stock stays above 35.

the option premium is ~$1.00 so i could make some money without having to buy anything

5/8/2006 3:11:19 PM

Ive found that REDF might be getting ready for a run, and MSFT is very undervalued (for once)

REDF is announcing earnings May 16, so either up or down, look for alot of action

[Edited on May 8, 2006 at 3:15 PM. Reason : .]

5/8/2006 3:13:46 PM

good call on REDF

more to digest

http://tinyurl.com/ejkt8

5/8/2006 3:30:15 PM

Quote :

"PEIX up over 38 again, after the drawback to 33 like I predicted"

39.58 currently, I wanted to buy with all the recent growth I'm a bit hesitant

5/8/2006 4:01:52 PM

good call, a big run up with no news = sell off/profit taking

5/8/2006 4:03:44 PM

another take on the vonage IPO:

http://www.fool.com/News/mft/2006/mft06050832.htm?source=eptyholnk303100&logvisit=y&npu=y

From a business standpoint, the clincher is this:

Quote :

" For the year ended Dec. 31, 2005, Vonage took in $269 million dollars and burned all of that, and more, to come up with a GAAP loss of $261 million."

See the table in the article for the hard numbers.

From a technical standpoint as someone who works with VoIP implementations every day, this is why I think vonage will ultimately fail:

[quote]Let's be honest, when you're hawking a commodity like Internet telephony, there's not much else you can do but play the top-line game. After all, you've not only got to compete against free Internet-based services -- like eBay's (Nasdaq: EBAY) Skype, Google's (Nasdaq: GOOG) chat, other voice IM services from Yahoo! (Nasdaq: YHOO) and Time Warner's (NYSE: TWX) AOL -- you've got to compete with phone and cable providers who are moving onto the same turf, from Comcast (Nasdaq: CMCSA) to Verizon (NYSE: VZ) and just about anyone else. If there are profits out there, they are going to be thin.

Of course, the folks who control the networks, like Comcast and Verizon, might not go in for that whole "net neutrality" thing. If they instead create custom data pipes for their own VoIP systems, and relegate third-party and freeware services to the leftovers, it would make things even tougher for the Vonages of the world.[\quote]

ISPs that offer VoIP will ultimately win this war. Because they own the infrastructure, they can guarantee end to end QoS, while third party companies such as Vonage and Packet8 cannot. This is why some customers have no problems with Vonage, while others get choppy voice, one way voice, and other problems associated with network congestion. As residential broadband becomes more prevalent, the QoS issue will pretty much kill 3rd party VoIP solutions.

So, I am going to pass.

5/9/2006 9:02:32 AM

I am afraid that PEIX and TIE are overvalued in the short term, so Im selling mine off and taking some profits before I buy on a dip.

I sold PEIX at $40 and TIE at $81

[Edited on May 9, 2006 at 10:42 AM. Reason : .]

5/9/2006 10:37:38 AM

oh well, got out a little early. its good to take profits sometimes

5/9/2006 12:37:12 PM

i know some of you think Cramer is stupid, crooked, or some combination of both; but you can still learn some important things from him. the same stuff was said about him when he started his first couple of hedge funds. then it was the pros, the real equity research guys. now that he showcases his ass everynight, the criticism is more democratized. i posted some websites that track the performance of his recos a couple of pages back, and its clear that the recos as they stand alone, don't perform too stellar.


he says "bulls make money, bears make money, pigs get slaughtered". what you did by exiting is not be a pig. overall, that's a good thing, even though you miss a few % points. if you regularly capture 20% of the upside, and can avoid 95% of the downside, you're an above average investor.

but he also says, buy and sell in pieces. it doesn't have to be all or nothing on every trade. with some comissions as low as $3 (i use Scottrade at $7 per trade), you can afford to place several orders and improve your timing. perhaps you should have sold some, not all of your PEIX.

5/9/2006 2:04:44 PM