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Stock Pick

I want to invest in some stock right now, as school is winding down and I will be able to pay attention to what's going on. I know right now might not be the easiest of condition to invest in, but I know there's always something out there.

I was wondering what you people felt is a good stock right now.

Well you just missed the boat but satellite radio (and particularly XM) would have been a good stock pick and potentially still is:

http://today.reuters.com/news/newsA...ATELLITE-DC.XML

The ramifications of a low-end car offering XM as standard on all their vehicles may be a turning point in the industry that forces all other cars on the market to consider adding satellite radio as standard equipment as well. I'm still skeptical as to whether satellite radio can retain its customers but it's probably a good short term investment. If you want you can gamble on MCI. If Quest succeeds in its MCI buyout the stock will go up.

I'm not up to date on business conditions in the US, but I think there's a general consesus that raw materials companies are making a killing lately. With China (and soon India as well) boosting demand for natural resources the price of raw materials is only going to head up, giving some good returns to such companies. Everyone's investing into them in Australia and making a killing.

Mind you though, they are inherently risky investments, but the potential gains are staggering if you could pull it off.

look at my stock portfolio. its on my Research Website

DEFINATELY GO FOR SONY. they are coming out with this PSP. its going to be a best-seller. then, wait just wait, for the PS3. Sony is going to make huge amounts of money. invest in them. look at how much ive made off them in my portfolio. 10% i believe.

Re: Stock Pick

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Originally posted by kush paintings I want to invest in some stock right now, as school is winding down and I will be able to pay attention to what's going on. I know right now might not be the easiest of condition to invest in, but I know there's always something out there. I was wondering what you people felt is a good stock right now.

Might I suggest you invest in Sheffield United PLC? My day bought shares for 60p (about $1.1) and a few days after they went up to �1.20!!! ($2.2!!!) Please tell all your friends to also invest in Sheffield United PLC!!! Also, if you know any billionaires, tell them to buy Sheffield United PLC!!!

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Originally posted by George Smiley Might I suggest you invest in Sheffield United PLC? My day bought shares for 60p (about $1.1) and a few days after they went up to �1.20!!! ($2.2!!!) Please tell all your friends to also invest in Sheffield United PLC!!! Also, if you know any billionaires, tell them to buy Sheffield United PLC!!!

i might look into that interesting. what kind of company is this?

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Originally posted by ::TranceVanDyk:: i might look into that interesting. what kind of company is this?

Its a great company - sod what it is! Just poor your hard earned money into it! Please!!!!

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Originally posted by George Smiley Its a great company - sod what it is! Just poor your hard earned money into it! Please!!!!

Heh, why does the company need new uniforms or something?

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Originally posted by occrider Heh, why does the company need new uniforms or something?

No we need around �2million to see us comfortably into the Premiership and when that happens, the shareholders will be stinking filthy rich!!

VanDyk I like your portfolio, however Im not really looking to build a portfolio right now. I'm looking for a short term investment, probably over the course of the next 4 months or so. Sony is an unbelievable idea, but keep in mind there has been some major clusterfucks caused by crappy manufacturing in the Asia release. I still feel the PSP will own when it comes out on the market.

Next, Smiley. I don't want to open an E-Trade or some online account where they charge me $20 worth of commissions, and because my dad is an independent stock trader, I can just go to his office and have him pop what I want in. Problem is, he will give me endless shit for just suggesting a company I know nothing about, and if the stock doesn't do well will top that off with an unfathomable amount of shit. So if you can give me a good reason I'm all ears.

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Originally posted by kush paintings VanDyk I like your portfolio, however Im not really looking to build a portfolio right now. I'm looking for a short term investment, probably over the course of the next 4 months or so. Sony is an unbelievable idea, but keep in mind there has been some major clusterfucks caused by crappy manufacturing in the Asia release. I still feel the PSP will own when it comes out on the market. Next, Smiley. I don't want to open an E-Trade or some online account where they charge me $20 worth of commissions, and because my dad is an independent stock trader, I can just go to his office and have him pop what I want in. Problem is, he will give me endless shit for just suggesting a company I know nothing about, and if the stock doesn't do well will top that off with an unfathomable amount of shit. So if you can give me a good reason I'm all ears.

Seriously, it would be a purely speculative bid and I wouldn't do it! Its a football team in England (who have a slim chance of propotion to the Premiership) but I wouldn't invest in sports unless you know them!

My dad gets loads of shares but they're all long term investments.

Do you have ISAs in America? Maybe you should try one of those?

Sorry, but what the balls is ISAs

If I may..Sheffield Plc may be the greatest company in the world for all I know. It could also be a steaming pile of dog shit that happened to have a good short-term run for no reason at all.

Just because a stock price goes up, does not a good company make. Just like so many dot-com blow-ups, irrational housing stocks, rising financial stocks in the face of rising rates and a massively indebted consumer, the market can stay irrational longer than you can stay solvent. Just do some research and invest in what you know and understand. That way you will have the most control and understanding of what's driving your portfolio.

The smartest thing you can probably do is put your money into a mutual fund so that, in the minimum, you've at least diversified your holdings and your risk such that you won't be made or broken by the actions of one company. There are thousands of mutal funds out there--all with their own pros and cons. Figure out what kind of goal you want your fund to have, then pick from the ones that match that profile and go for it. Investing is still a lot like gambling, but you can do a lot to increase your odds of success if you do your homework on the front-end.

Cheers.

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Originally posted by kush paintings VanDyk I like your portfolio, however Im not really looking to build a portfolio right now. I'm looking for a short term investment, probably over the course of the next 4 months or so. Sony is an unbelievable idea, but keep in mind there has been some major clusterfucks caused by crappy manufacturing in the Asia release. I still feel the PSP will own when it comes out on the market.

Hmmm. Simply looking for a 4 month trade is probably not going to do much for you either way. Since you want a return in such a short time horizon, you should probably just go after a high-risk, high-beta stock and hope to catch a big move in your investment time-frame. IMO, it's an extremely risky and dumb way to invest your money, but in such a short time frame, you don't leave many other options. Buy some Taser(TASR). It's pretty washed out, they've been caught up in a lot of controversy lately, the mgmt are dickheads, but the stock is highly volatile and could very well pop 5-10 points on a positive news article. But like I said, IMO, it's a dumb way to invest. Might as well go to Vegas and put your money on the roulette wheel. The return is much higher if you win.

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Originally posted by Shakka If I may..Sheffield Plc may be the greatest company in the world for all I know. It could also be a steaming pile of dog shit that happened to have a good short-term run for no reason at all. Just because a stock price goes up, does not a good company make. Just like so many dot-com blow-ups, irrational housing stocks, rising financial stocks in the face of rising rates and a massively indebted consumer, the market can stay irrational longer than you can stay solvent. Just do some research and invest in what you know and understand. That way you will have the most control and understanding of what's driving your portfolio. The smartest thing you can probably do is put your money into a mutual fund so that, in the minimum, you've at least diversified your holdings and your risk such that you won't be made or broken by the actions of one company. There are thousands of mutal funds out there--all with their own pros and cons. Figure out what kind of goal you want your fund to have, then pick from the ones that match that profile and go for it. Investing is still a lot like gambling, but you can do a lot to increase your odds of success if you do your homework on the front-end. Cheers.

Sheffield United PLC actually, and you will probably lose money but if people buy shares in Sheff Utd then we will be able to afford better players and the fans come before the shareholders!

I know investing over 4 months isnt the thing to do. I want to get in the market again, but I cant do it while Im at school, as itll just be a distraction that I dont need. I still think Sony is a good bet, but I do see your point.

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Originally posted by kush paintings Sorry, but what the balls is ISAs

I think it stands for Individual Savings Account...

Its basically tax free investment (and I think there is a certain period you have to leave the money in the account)

Its an investment like shares but without the unpredictability, but as it involves tax its likely to be different in the US

In the UK, depending on whether you have a Maxi or Mini ISA you can put in �7000 or �3000 respectively every tax year

http://uk.biz.yahoo.com/isa/

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Originally posted by George Smiley Sheffield United PLC actually, and you will probably lose money but if people buy shares in Sheff Utd then we will be able to afford better players and the fans come before the shareholders!

lol. I see your ulterior motive!

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Originally posted by Shakka lol. I see your ulterior motive!

I might add that altho initially they did go up to �1.20, they are now worth around 12p!! (Which means they are really cheap for what they will be worth so snap em up while you can!!)

sorry smiley, but Shiefield is not on the New York Stock Exchange. its in London i dont invest in red coat country

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Originally posted by ::TranceVanDyk:: sorry smiley, but Shiefield is not on the New York Stock Exchange. its in London i dont invest in red coat country

Actually, there is a Sheffield United in America!!

http://www.sheffieldunited.org/

As has been mentioned already, investing is a long term prospect not short term. 4 months is sometimes too short a time horizon for even a speculative play to come to fruition.

But for what little its worth, their are financial instruments which allow you to take a position in the market without actually investing in stock. You would need to see a stockbroker or the like to do it but it takes the stock picking element out of the equation. The harsh truth is most people are bad stock pickers anyway. There are funds which are linked to the various indexes. So you could buy into a fund which basically tracks the Nasdaq, SP500 or whatever and your capital gain or loss is based on the rise or fall of that index.

Given the fundamentals of the global economy my suggestion would be a Gold index or a resources index (especially an oil index if there is such a thing).

Alternatively I could suggest just buying currency other than US dollars, the obvious choice is the Euro but equally good are the currencies of the Asian economies which on a trade weighted basis are undervalued or resource currencies such as the Rouble or the Australian dollar.

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Originally posted by rupert Alternatively I could suggest just buying currency other than US dollars, the obvious choice is the Euro but equally good are the currencies of the Asian economies which on a trade weighted basis are undervalued or resource currencies such as the Rouble or the Australian dollar.

woudlnt the chineese Yuan be a good long term investment? sooner or later they must drop their fixed value against the dollar right?

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Originally posted by St_Andrew woudlnt the chineese Yuan be a good long term investment? sooner or later they must drop their fixed value against the dollar right?

Yes, theoretically, though it's currently more beneficial to them not to do so. They have a near monopoly in "cheap" labor as long as they peg the dollar. Particularly a weak dollar. But I'd guess that over a 5-15 year horizon, that would probably make a good bit of sense.

It sucks that SIRI has such a large float (and market cap ) Based on the continual expansion of Satellite technology and it's applications, I still think that it can go nowhere but up within the next few years. Just my opinion, of course.

If you'd ask a good broker they'd probably steer you away from Satellite altogether. But then again, I don't know anyone who's gotten any 5 to 10 baggers on broker recommended stocks. LOL

The days of the internet bubble and grabbing teeners off of 50000 blocks of penny stocks all day long are missed by many.



Anyway, I wonder what happened to Tokyo Joe?


Oops, nevermind...
http://www.sec.gov/news/press/2001-26.txt

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