The Bull setdown in South Beach today and had an EXTREMELY successful day in regards to business. Things could not have gone better and everything should be official by tomorrow at 10 AM ET.
Stock wise today the Bull was a minor success. Longs were up 8.63%, shorts were up(or down in reality)5.22%, London stocks were up 2.87%, Australian stocks up 1.46%, Asian stocks up .85%, futures up 3.45%, currency trading up 2.34%, options were all great and Canadian stocks DOWN 5.2% thanks in large part to RIM.CA(research in motion) but don't worry about it, earnings come next week and it will be good.
The Bull is staying at the Delano Hotel on South Beach and the Bull has had a lot of time to think just sitting out at the beach today and here are some thoughts:
1. Does money matter?
- The Bull was not always richer than God. The Bull was a 3.5 GPA highschool student who people said would never go anywhere. The Bull worked hard(much harder than people think) and came into some money and the rest is history. At first money is the coolest thing, flying first class(now private planes), driving fancy cars, staying in 5 star hotels, eating 8 course meals, ect but every 5 star hotel means less and less.
The Delano Hotel is charging me 1,250 dollars for a one bedroom ocean view room. Yes you get certain luxuries at 5 star hotels but is it worth 1,250 dollars? Of course it is not but then why pay? Because 1,250 to the Bull is like a free room to the average person. What pisses the Bull off is when they act like he is some dumbass. I know the difference between "partial ocean view" and "ocean view" so don't put me in a partial ocean view. Also I don't want the 45 dollar extra add on to have valet parking, I would rather walk 100 feet.
The pool here seems like the "Daytime Hyde" of Miami(Hyde is a nightclub in LA for all of those who don't know). Every girl is 18-24 and a model and every guy seems to either look like an athlete, model or is some rich 40 year old.
Well the Bull has had enough of this 5 star shit so I bought myself a condo down here for my one or two trips down here a year. I'll sell it for twice the value in five years if I decide to anyway.
On the way to Miami the Bull stuck in "Nip/Tuck" for his ride. The Bull's sister got him it and said the Bull reminded her of the character Christian. Christian is arrogant, unethical, womanizing, alcholoic, gambler, and sex addict. The best part is that the Bull thinks she meant it as a slap in the Bull's face,.
My first problem with Nip/Tuck is that the first scene I see is in L.A and they are claiming its in Miami. The more I watched the more I came to see the whole entire set is L.A and they pretend its Miami. I guess little things like that Piss off the Bull.
This got me thinking to the Bull's top 10 TV shows: (in some order)
1. 24
2. Entourage
3. The Shield
4. The Wire
5. Weeds
6. Prison Break
7. Lost
8. Rescue Me
9. Cat House
10. The Bull's Life Story
Top 5 shows not on anymore:
1. TILT
2. Playmakers
3. Big Shots
4. Alias
5. Soprano's
Enough of the chitchat lets get down to stock picks:
The Bull is long in TMA, WWE, RIMM, HURN, CLME, TITN, AMCS, BJGL, DEVC, HAXS, KBH, SAMBW, and my favorite play CCZ down 64% today and even after hours.
The Bull is shorting BSC and Bears everywhere
Thursday, March 27, 2008
Wednesday, March 26, 2008
Bull out on Business
The Bull has to head to South Beach tomorrow morning and won't be back until Friday night where he will then again travel to a neighboring state for the regionals of an NCAA Sport.
I will try to get some picks up tomorrow from Miami however but it won't be much of a post.
The Bull
I will try to get some picks up tomorrow from Miami however but it won't be much of a post.
The Bull
Tuesday, March 25, 2008
The Bull goes to LA
The Blog has been down of late due to a "large increase" in viewership. The Bull has been out on Business(more on this shortly) and was unaware of the technical malfunctions of "blogspot" until everyone's favorite poker player "Big Add" informed the Bull. I am sure many of you panicked and wondered if the Bull had decided to run to and hide. Let it be known, the Bull will not always be here but he will leave and then return in his divinity at a time thereafter.
The Bull was out in the City of Smog(otherwise known as L.A) this past week on business(looking at properties and investments) and pleasure(NCAA regional basketball games). The Bull had time to have his chauffeur drive him around most of southern California and saw all of L.A, Anaheim, Newport, Long Beach, and Laguna Beach. Here are a few observations that deal with business and these locations.
1. O.C people think they know what having money means.
- Am I the only one who thinks Beverly Hills and more specifically Rodeo Drive is more of a tourist attraction than any sort of high class living/shopping. Sure it is filled with 300 series BMW's from the aspiring musicians, and actors, but what makes this place so special. I realize they have a Versace, Armani, Chanel, Gucci, ect but so does Caesar's Palace and thats a fucking casino. One person even had the audacity to question the Bull as to whether throwing a pair of newly purchased 1,800 dollar Versace sunglasses into the trash was the "smart thing to do". Hey pal, 1,800 dollars or 18 cents, if the glasses can't stop the sun from bothering me then they are worthless. If these people had close to the money they thought they had they would never be questioning the Bull on some lousy pair of 1,800 dollar sunglasses.
- In Laguna Beach I saw five Lamborghini Reventon's driving down Laguna Avenue. It looked like a gay pride parade the way these cars were painted. The cars mixed pink,light green, yellow, light blue, ect into one big mess. It looked like these cars were taken right out of a matchbox kit. Then of course all five cars rev their V12's and take off, making sure everyone notices these pieces of shit. Clearly they were not from Laguna Beach(they have better taste in cars) but do these people think driving around 200,000 dollar cars is going to impress the Bull?
Going along with this, it seems every car in Southern Cal is either a Lexus, Mercedes, BMW, Infiniti, Range Rover, or a Ferrari, these are all nice cars but how many people want to own the 760I BWM before it becomes cliche? Driving a Beamer down there is like driving a Camry in Kansas, everyone does it. Time to upgrade. The only one impressive car I saw the entire time was a Bentley Convertible 2008.
- Visited the site of the "most expensive real estate in the world" otherwise known as Newport Beach. 3.6 million dollars for a little shack on the ocean. I am sure 99.999% of tourists are astonished when they see those prices but that hardly pays for the kitchen in the Bulls residence.
2. The "greatest financial mind in L.A".
- The Bull was listening to the radio as he cruised around Compton listening to a radio financial host who billed himself as the "greatest financial mind in L.A". Now I will agree that there is not a single intelligent person in L.A when it comes to business so being the "greatest" is hardly an accomplishment but allow me to share some of the questions and answers that were given.(These are 100% true)
A. "Where do you see the stock market going?"
- "Well Jim, I would NEVER predict where the stock market is going to go in the short term but in the long term it will go up.
B. "What do you mean by short term?"
- Well XXX, I believe that short term in the stock market is anywhere from 1 month to five years. NO ONE can predict what will happen in the short term but in 20 years I think the stock market will be higher than it is now.
C. "Where do you see Oil prices going?"
- Well, once again I would NEVER predict where oil will go short term since NO ONE knows, but obviously over time it will go up. I think gas prices will continue to rise.
D. "Where would you have your money right now for the short term"(The Bull swears this answer is real)
- Well...pause.....I think a lot of people are mad at the stock market right now. And I don't blame them. The stock market is only for the long term so I would not own stocks, instead I would have some money in a CD and "SOME IN A MUTUAL FUND".
E. "Come on now, don't you think saying that it is impossible to predict the stock market in a 5 year term basis is going to far. There are people on TV giving daily picks who seem to be experts"
- Look, ANYONE who tells you that they can predict the stock market and give daily picks is a CON-ARTIST. NO ONE knows what tomorrow will bring and no one ever will.
Sadly, the Bull only caught the last 25-30 minutes of the "greatest financial mind in LA's" show but it got the Bull to thinking. What if the Bull went on Larry King Live one night and answered questions for an hour? Surely the Bull would be laughed at but when the Bull's predictions started to become true would he become a cult hero? Yes he would but the Bull loves being anonymous. The Bull is a modest guy after all.
But wouldn't it be great if someone just said "I see oil dropping to the 103-104 range int eh next 7-8 days, I think it will then linger for about two weeks before dropping to sub 100 numbers. But after a month of going from 97-105 it will jump all the way up to 125 by mid June." or if someone said "The Stock market will finish the year at 13,865 given current conditions, if Bernanke does the correct moves we could finish up to 14,786 give or take 20 points and at worse we finish at 13,278. What if the Bull went mainstream? What if the Bull disclosed who he was? What if the Bull showed his DIVINE wisdom?
For that we will never know, but what I do know is that i have some picks for the rest of the day.
At this very minute it is 11:06 Eastern Time.
7 Picks:
1. CTZN - 9.53 - I have merger hopes of this stock.
2. IMB - 5.32 - Should receive good news about mortgage and lending today.
3. ASTI(also like ASTIZ) - 9.11 - In talks with new underwriters, stock should be up much more than it is. Maybe even 10-15% more than it is.
4. CSK - 3.98 - Just saw on CNBC a story on the stock, should see a jump due to the coverage and the news on stock. Will not last, get in and get out.
5. STP - 35.88 - Another Solar play, all solars are up 10-15% today and yet this stock is barely up. Should jump with the rest.
6. MTH - 19.52 - Another mortgage company that is going to be bailed out. Also got upgraded today but no real large spike yet.
7. COIN - 9.78
The Bull
The Bull was out in the City of Smog(otherwise known as L.A) this past week on business(looking at properties and investments) and pleasure(NCAA regional basketball games). The Bull had time to have his chauffeur drive him around most of southern California and saw all of L.A, Anaheim, Newport, Long Beach, and Laguna Beach. Here are a few observations that deal with business and these locations.
1. O.C people think they know what having money means.
- Am I the only one who thinks Beverly Hills and more specifically Rodeo Drive is more of a tourist attraction than any sort of high class living/shopping. Sure it is filled with 300 series BMW's from the aspiring musicians, and actors, but what makes this place so special. I realize they have a Versace, Armani, Chanel, Gucci, ect but so does Caesar's Palace and thats a fucking casino. One person even had the audacity to question the Bull as to whether throwing a pair of newly purchased 1,800 dollar Versace sunglasses into the trash was the "smart thing to do". Hey pal, 1,800 dollars or 18 cents, if the glasses can't stop the sun from bothering me then they are worthless. If these people had close to the money they thought they had they would never be questioning the Bull on some lousy pair of 1,800 dollar sunglasses.
- In Laguna Beach I saw five Lamborghini Reventon's driving down Laguna Avenue. It looked like a gay pride parade the way these cars were painted. The cars mixed pink,light green, yellow, light blue, ect into one big mess. It looked like these cars were taken right out of a matchbox kit. Then of course all five cars rev their V12's and take off, making sure everyone notices these pieces of shit. Clearly they were not from Laguna Beach(they have better taste in cars) but do these people think driving around 200,000 dollar cars is going to impress the Bull?
Going along with this, it seems every car in Southern Cal is either a Lexus, Mercedes, BMW, Infiniti, Range Rover, or a Ferrari, these are all nice cars but how many people want to own the 760I BWM before it becomes cliche? Driving a Beamer down there is like driving a Camry in Kansas, everyone does it. Time to upgrade. The only one impressive car I saw the entire time was a Bentley Convertible 2008.
- Visited the site of the "most expensive real estate in the world" otherwise known as Newport Beach. 3.6 million dollars for a little shack on the ocean. I am sure 99.999% of tourists are astonished when they see those prices but that hardly pays for the kitchen in the Bulls residence.
2. The "greatest financial mind in L.A".
- The Bull was listening to the radio as he cruised around Compton listening to a radio financial host who billed himself as the "greatest financial mind in L.A". Now I will agree that there is not a single intelligent person in L.A when it comes to business so being the "greatest" is hardly an accomplishment but allow me to share some of the questions and answers that were given.(These are 100% true)
A. "Where do you see the stock market going?"
- "Well Jim, I would NEVER predict where the stock market is going to go in the short term but in the long term it will go up.
B. "What do you mean by short term?"
- Well XXX, I believe that short term in the stock market is anywhere from 1 month to five years. NO ONE can predict what will happen in the short term but in 20 years I think the stock market will be higher than it is now.
C. "Where do you see Oil prices going?"
- Well, once again I would NEVER predict where oil will go short term since NO ONE knows, but obviously over time it will go up. I think gas prices will continue to rise.
D. "Where would you have your money right now for the short term"(The Bull swears this answer is real)
- Well...pause.....I think a lot of people are mad at the stock market right now. And I don't blame them. The stock market is only for the long term so I would not own stocks, instead I would have some money in a CD and "SOME IN A MUTUAL FUND".
E. "Come on now, don't you think saying that it is impossible to predict the stock market in a 5 year term basis is going to far. There are people on TV giving daily picks who seem to be experts"
- Look, ANYONE who tells you that they can predict the stock market and give daily picks is a CON-ARTIST. NO ONE knows what tomorrow will bring and no one ever will.
Sadly, the Bull only caught the last 25-30 minutes of the "greatest financial mind in LA's" show but it got the Bull to thinking. What if the Bull went on Larry King Live one night and answered questions for an hour? Surely the Bull would be laughed at but when the Bull's predictions started to become true would he become a cult hero? Yes he would but the Bull loves being anonymous. The Bull is a modest guy after all.
But wouldn't it be great if someone just said "I see oil dropping to the 103-104 range int eh next 7-8 days, I think it will then linger for about two weeks before dropping to sub 100 numbers. But after a month of going from 97-105 it will jump all the way up to 125 by mid June." or if someone said "The Stock market will finish the year at 13,865 given current conditions, if Bernanke does the correct moves we could finish up to 14,786 give or take 20 points and at worse we finish at 13,278. What if the Bull went mainstream? What if the Bull disclosed who he was? What if the Bull showed his DIVINE wisdom?
For that we will never know, but what I do know is that i have some picks for the rest of the day.
At this very minute it is 11:06 Eastern Time.
7 Picks:
1. CTZN - 9.53 - I have merger hopes of this stock.
2. IMB - 5.32 - Should receive good news about mortgage and lending today.
3. ASTI(also like ASTIZ) - 9.11 - In talks with new underwriters, stock should be up much more than it is. Maybe even 10-15% more than it is.
4. CSK - 3.98 - Just saw on CNBC a story on the stock, should see a jump due to the coverage and the news on stock. Will not last, get in and get out.
5. STP - 35.88 - Another Solar play, all solars are up 10-15% today and yet this stock is barely up. Should jump with the rest.
6. MTH - 19.52 - Another mortgage company that is going to be bailed out. Also got upgraded today but no real large spike yet.
7. COIN - 9.78
The Bull
Sunday, March 16, 2008
How the Bull would play tomorrow?
How can one expect to make money on a day the market will surely open AT LEAST 200 down?
One must realize that stocks are not the only thing that can be traded these days. There is commodity(future) trading, currency trading, ect.
I would get in many commodities early in the morning. Mainly Gold, Silver, Copper, Oil, Corn, Wheat, and beans.
Secondly, curreny trading can make people huge money. While in the true sense of currency trading(as done on the FX) one has to "long" one currency and ""short" another. Imagine how one always hears how the Dollar is reaching new time lows against the EURO on a daily basis. One is shorting the dollar and longing the Euro to make money. The great thing is that these days you can trade curreny through ETF's. Most start with FX(letter) like FXM(Peso).
The Bull likes 5 currencies more than others. The Bull loves "The dong"(Vietnam), "Balboa" (Panama), Francs(Switzerland), Rand(South Africa), Reasis(Brazil). The Bull loves the Brazil and South African currenicies becuase these are emegering markets(Brazil still is) whose economies will nto slow in a world wide recession. They both have many natural resources to contribute and their technological advances are moving at rapid speed.
As for Panama, Signapore, and Switzerland. Many of the Bull's fans have heard of "offshore bank accounts". The connotation of the phrase screams "illegal", "tax fraud/tax evasion", "money laundering" ect. While these three countries certainly are targets for these illegal crimes because of a myriad of issues, their currencies hold their value as well as any in the world.
Without going into the great detail of the 1934 banking law and the influence of the Nazi's on the Swiss banking system, the basic way these countries work is that they assign each account a code name and a number. Unlike America, there is no name attached to these accounts(granted that at least in Switzerland, the top officers at the Bank know the names but many times refuse to cooperate). Signapore and Panama are having more and more foreign money invested in their banks and their econmies continue to grow. Switzerland has lost some money of late due to the American recession and a recent crackdown on illegal practices but all three of these countries will continue to gather large amounts of foreign money and will continue to grow and get stronger.
That is what the Bull would play tomorrow.
The Bull
One must realize that stocks are not the only thing that can be traded these days. There is commodity(future) trading, currency trading, ect.
I would get in many commodities early in the morning. Mainly Gold, Silver, Copper, Oil, Corn, Wheat, and beans.
Secondly, curreny trading can make people huge money. While in the true sense of currency trading(as done on the FX) one has to "long" one currency and ""short" another. Imagine how one always hears how the Dollar is reaching new time lows against the EURO on a daily basis. One is shorting the dollar and longing the Euro to make money. The great thing is that these days you can trade curreny through ETF's. Most start with FX(letter) like FXM(Peso).
The Bull likes 5 currencies more than others. The Bull loves "The dong"(Vietnam), "Balboa" (Panama), Francs(Switzerland), Rand(South Africa), Reasis(Brazil). The Bull loves the Brazil and South African currenicies becuase these are emegering markets(Brazil still is) whose economies will nto slow in a world wide recession. They both have many natural resources to contribute and their technological advances are moving at rapid speed.
As for Panama, Signapore, and Switzerland. Many of the Bull's fans have heard of "offshore bank accounts". The connotation of the phrase screams "illegal", "tax fraud/tax evasion", "money laundering" ect. While these three countries certainly are targets for these illegal crimes because of a myriad of issues, their currencies hold their value as well as any in the world.
Without going into the great detail of the 1934 banking law and the influence of the Nazi's on the Swiss banking system, the basic way these countries work is that they assign each account a code name and a number. Unlike America, there is no name attached to these accounts(granted that at least in Switzerland, the top officers at the Bank know the names but many times refuse to cooperate). Signapore and Panama are having more and more foreign money invested in their banks and their econmies continue to grow. Switzerland has lost some money of late due to the American recession and a recent crackdown on illegal practices but all three of these countries will continue to gather large amounts of foreign money and will continue to grow and get stronger.
That is what the Bull would play tomorrow.
The Bull
The Bull goes Speechless
The Bull has seen a lot of things in his day but he has never seen something like the Bear Stearns collapse.
Their CEO comes out on saturday and tells everyone that everything is ok and that even though the stock has gone from 160 to 30 in less than a year that things are not that bad. Today the Wall Street Journal reports that JP(JPM) is buying 93% of common stock for Bear Stearns for 2 dollars per share. Yes TWO DOLLARS. Curreny stock price is 30 dollars. Turns out that Bear Stearns was going to go bankrupt and this was the best deal they could have gotten to try to "salvage" their company.
The Bull is the ultimate capitlist but this is a criminal act by Bear Stearns, the Fed, JP, ect. Why not release this news during regular stock hours? Why not give the "average" investor a chance to get out instead of just allowing the institutional buyers the only "real" chance. Why not suspend trading(happens with many companies on earnings or big announcments)? Of course they spew this shit about wanting to get it out for Asian Markets opening? Since when does the Fed work for Asia? Since when do we need to help Asian investors over our own investors?
The Market is not looking good for tomorrow. The futures are already down 190 which isn't that much but I don't think they will even stay that high. This market could soon become "a bear market" in its truest sense.
I wish you all the best,
The Bull
Their CEO comes out on saturday and tells everyone that everything is ok and that even though the stock has gone from 160 to 30 in less than a year that things are not that bad. Today the Wall Street Journal reports that JP(JPM) is buying 93% of common stock for Bear Stearns for 2 dollars per share. Yes TWO DOLLARS. Curreny stock price is 30 dollars. Turns out that Bear Stearns was going to go bankrupt and this was the best deal they could have gotten to try to "salvage" their company.
The Bull is the ultimate capitlist but this is a criminal act by Bear Stearns, the Fed, JP, ect. Why not release this news during regular stock hours? Why not give the "average" investor a chance to get out instead of just allowing the institutional buyers the only "real" chance. Why not suspend trading(happens with many companies on earnings or big announcments)? Of course they spew this shit about wanting to get it out for Asian Markets opening? Since when does the Fed work for Asia? Since when do we need to help Asian investors over our own investors?
The Market is not looking good for tomorrow. The futures are already down 190 which isn't that much but I don't think they will even stay that high. This market could soon become "a bear market" in its truest sense.
I wish you all the best,
The Bull
Monday, March 10, 2008
Some plays for tomorrow
I will make this real quick:
Earning Plays: DKS, KR and maybe PSS(other two in front of this). PSS scares me with FL dropping 9% today, i would look to have options on both sides.
Penny Stocks: BI, LSAL, SINJF, BWNR, OCHT, NGEN.
3% Gainers club: CREE, JNPR, IMCLE, KELYA, CTRS, NVDM.
Will post tomorrow with a quality post and look at stock market.
Also, I stand buy TITN and ICE. I think it is still a good time to get in.
The JR Bull likes KERX on a comeback tomorrow.
The Bull
Earning Plays: DKS, KR and maybe PSS(other two in front of this). PSS scares me with FL dropping 9% today, i would look to have options on both sides.
Penny Stocks: BI, LSAL, SINJF, BWNR, OCHT, NGEN.
3% Gainers club: CREE, JNPR, IMCLE, KELYA, CTRS, NVDM.
Will post tomorrow with a quality post and look at stock market.
Also, I stand buy TITN and ICE. I think it is still a good time to get in.
The JR Bull likes KERX on a comeback tomorrow.
The Bull
Sunday, March 9, 2008
The Bull Returns.....
The Bull returns from his voyage over seas to a market that is at epic lows, a world in which the Bears are convincing even the most staunch Bulls to become bears. The Bull looks around and he hears people crying about this stock market, crying about how companies that have no business going lower are dropping to 52 week lows, crying about how the bears are making money and how the "average guy" can't compete with the Wall Street gang of thieves, crying about how they have to put their money into CD's or even some Bulls who have started to invest in mutual funds. Do people believe mutual funds are any safer than just picking stocks out of a hat? Mutual funds are pre-dominantly made up of all stocks, and almost always on the long side, isn't this what people are trying to get away from?
Well, luckily the Bull lives in his own realm. The business trip was of the utmost success. The Bull looks at this market and thinks "God DAMN, how lucky I am to see these prices". The JR Bull(Tits and Ass or TA if you will) coined it best when he said "another down day over here in America, got to love it, these prices are at lows that we will only dream about in 6 months". That is what makes Tits and Ass the Junior Bull.
The Bull has read some recent criticisms from "competing"(I use that term loosely) and other blogs that attack the Bull.
1. "The Bull names himself the Bull yet makes picks that are rather bearish"
- The Bull is a self-described "Agnostic opportunist". The connotation of the word Bull in the kingdom of money is "making money, prosperous, and optimistic". That is why I call myself the Bull. The Bull makes bearish picks? You think the Bull made it to where he is today by claiming BUY BUY BUY is the way to go? The Bull is always Bullish, but to be a Bull you must punish companies that do a poor job of being Bullish. Therefore, when the Bull says buy PUTS on TMA, he is not doing it because he wants to be a bear, but he is doing it since bulls should not pay the price for this companies illogical leadership but rather reap the rewards of it. Call that bearish, I call it being an opportunist.
2. "How his idiotic readers cant seem to figure out the Bull has them buy his stocks and then he sells them and makes a lot of money while they lose money"
- The Bulls readers are mostly small time(money wise) investors. They have no ability to make stocks or options move. Also, my picks tend to go up over time, not just a one day boost. Simply irresponsible to make this argument against the Bull.
3. "Anyone who follows the Bull is playing with fire, you might Reap some early rewards but in the end you Reap what you sow and it wont be pretty........It is always smartest to get into Indexes or mutual funds, no risk and all reward".
- Enjoy your mutual funds which are on average down double digits this year, and the Bull will enjoy his millions.
4. "The Bull just throws out random picks, he doesn't explain why or explain investing basics"
- If you want a book on how to click a mouse button to buy a stock, I would suggest the masterpiece "I am a dumbfuck" written by The Bear. I guess I do pretty well for random picks.
5. Best one - "Does anyone really think this ***** kow shwat he is doing? Surely they don't, the guy is a BEEPING(censored) idiot.
- This is from a blog solely set up to go against my picks and to keep track of them. I see they stopped keeping track of my picks after three days and don't include options in any of the tallies. They also only now have a top 5 list of my worst stock picks(worst one is down 12% for the year).
Anyway, where does the Bull want people to be investing:
1. If you are not short in TMA after my suggesting of getting some puts in it, get some puts in it for tomorrow!!!
2. JRT, ICE, TITN - All picks from JR Bull's that I like. ICE is attractive at these prices and its recent pull back. It should be in the 160's at current valuation and if the NYSE ever decides to smart up it is a potential buyout opportunity. JRT is in its usual 3 month cycle of going from 8-12 dollars. The stock tried to move up on Friday but was brought down by the Bears. If we see a day in green this stock could fly about 7-10%. TITN is looking nice on its recent pullback. Enjoy, load up, dump, and over and over.
3. Penny stocks I love are FMT off of 31% drop, should be able to rebound some of that back. ATPL with a limit sell at 28 or 29 cents, try to get it to jump to 35 cents(up 5 cents). And my favorite Penny play is THN with a limit sell close to its current price.
4. Stock for a possible 3-5% gain on just tomorrow due to trading principles and the usual response: SCON, CREE, APOL, KELYA.
5. Citigroup (C) - At 20 bucks this stock is a freaking steal. Not saying its a great one day play but it will be back to 30 in time.
6. Earnings tomorrow: Always a risky game but if I had to play some it would be EVEP(energy), DDS(Dillards) - retail has been stomping earnings so far, FL(footlocker) - same as Dillards, and if you want to get aggressive and life life look at RDEA, ROHI, and HOV.
7. Option Plays: SPPI - Up huge in after hours because their first ever FDA drug has been approved. It deals with Bone Cancer, I think this stock should double in time and therefore look at May or June CALLS. I think the May 08 5.00 dollar strike price call on it for 10 cents is generous. This does mean the stock must double to be in the money but I feel this is a great play. A safer and maybe smarter play albeit does not offer same reward is the 2.50 Call for 55 cents per share.
BBI - Had a great quarter and the stock still drops, they continue to get better and will continue to gain market share. Another low priced long term play(long term for the Bull that is) I love the APRIL 08 call at 5.00 strike price for 5 cents per share, also like the 2.50 strike price for 60 cents per share that is already in the money(stock at 2.90) after hours.
Shorting: Continue to short Home builders, financials, commerical real estate, and of course XLB.
Couple finishing points:
1. Whisper Numbers were explained by someone in the comments pretty well. They are estimates for companies earnings that "insiders" use to pass around, now people "pass them" around online and average them out. They have proved to be 100% more accurate(meaning if estimate is 1 dollar, whispers and 50 cents and the actual is 0 cents, then the whispers beat it by 100%).
2. Tits and Ass had the line of the week, when someone was talking about Goldman Sachs(GS) he said this "Goldman? I could work at Goldman if I wanted to, they don't know how to make money, all they are is a bunch of salesman, that's it, nothing else, nothing more, salesmen!". How proud the Bull is.
THE BULL
Well, luckily the Bull lives in his own realm. The business trip was of the utmost success. The Bull looks at this market and thinks "God DAMN, how lucky I am to see these prices". The JR Bull(Tits and Ass or TA if you will) coined it best when he said "another down day over here in America, got to love it, these prices are at lows that we will only dream about in 6 months". That is what makes Tits and Ass the Junior Bull.
The Bull has read some recent criticisms from "competing"(I use that term loosely) and other blogs that attack the Bull.
1. "The Bull names himself the Bull yet makes picks that are rather bearish"
- The Bull is a self-described "Agnostic opportunist". The connotation of the word Bull in the kingdom of money is "making money, prosperous, and optimistic". That is why I call myself the Bull. The Bull makes bearish picks? You think the Bull made it to where he is today by claiming BUY BUY BUY is the way to go? The Bull is always Bullish, but to be a Bull you must punish companies that do a poor job of being Bullish. Therefore, when the Bull says buy PUTS on TMA, he is not doing it because he wants to be a bear, but he is doing it since bulls should not pay the price for this companies illogical leadership but rather reap the rewards of it. Call that bearish, I call it being an opportunist.
2. "How his idiotic readers cant seem to figure out the Bull has them buy his stocks and then he sells them and makes a lot of money while they lose money"
- The Bulls readers are mostly small time(money wise) investors. They have no ability to make stocks or options move. Also, my picks tend to go up over time, not just a one day boost. Simply irresponsible to make this argument against the Bull.
3. "Anyone who follows the Bull is playing with fire, you might Reap some early rewards but in the end you Reap what you sow and it wont be pretty........It is always smartest to get into Indexes or mutual funds, no risk and all reward".
- Enjoy your mutual funds which are on average down double digits this year, and the Bull will enjoy his millions.
4. "The Bull just throws out random picks, he doesn't explain why or explain investing basics"
- If you want a book on how to click a mouse button to buy a stock, I would suggest the masterpiece "I am a dumbfuck" written by The Bear. I guess I do pretty well for random picks.
5. Best one - "Does anyone really think this ***** kow shwat he is doing? Surely they don't, the guy is a BEEPING(censored) idiot.
- This is from a blog solely set up to go against my picks and to keep track of them. I see they stopped keeping track of my picks after three days and don't include options in any of the tallies. They also only now have a top 5 list of my worst stock picks(worst one is down 12% for the year).
Anyway, where does the Bull want people to be investing:
1. If you are not short in TMA after my suggesting of getting some puts in it, get some puts in it for tomorrow!!!
2. JRT, ICE, TITN - All picks from JR Bull's that I like. ICE is attractive at these prices and its recent pull back. It should be in the 160's at current valuation and if the NYSE ever decides to smart up it is a potential buyout opportunity. JRT is in its usual 3 month cycle of going from 8-12 dollars. The stock tried to move up on Friday but was brought down by the Bears. If we see a day in green this stock could fly about 7-10%. TITN is looking nice on its recent pullback. Enjoy, load up, dump, and over and over.
3. Penny stocks I love are FMT off of 31% drop, should be able to rebound some of that back. ATPL with a limit sell at 28 or 29 cents, try to get it to jump to 35 cents(up 5 cents). And my favorite Penny play is THN with a limit sell close to its current price.
4. Stock for a possible 3-5% gain on just tomorrow due to trading principles and the usual response: SCON, CREE, APOL, KELYA.
5. Citigroup (C) - At 20 bucks this stock is a freaking steal. Not saying its a great one day play but it will be back to 30 in time.
6. Earnings tomorrow: Always a risky game but if I had to play some it would be EVEP(energy), DDS(Dillards) - retail has been stomping earnings so far, FL(footlocker) - same as Dillards, and if you want to get aggressive and life life look at RDEA, ROHI, and HOV.
7. Option Plays: SPPI - Up huge in after hours because their first ever FDA drug has been approved. It deals with Bone Cancer, I think this stock should double in time and therefore look at May or June CALLS. I think the May 08 5.00 dollar strike price call on it for 10 cents is generous. This does mean the stock must double to be in the money but I feel this is a great play. A safer and maybe smarter play albeit does not offer same reward is the 2.50 Call for 55 cents per share.
BBI - Had a great quarter and the stock still drops, they continue to get better and will continue to gain market share. Another low priced long term play(long term for the Bull that is) I love the APRIL 08 call at 5.00 strike price for 5 cents per share, also like the 2.50 strike price for 60 cents per share that is already in the money(stock at 2.90) after hours.
Shorting: Continue to short Home builders, financials, commerical real estate, and of course XLB.
Couple finishing points:
1. Whisper Numbers were explained by someone in the comments pretty well. They are estimates for companies earnings that "insiders" use to pass around, now people "pass them" around online and average them out. They have proved to be 100% more accurate(meaning if estimate is 1 dollar, whispers and 50 cents and the actual is 0 cents, then the whispers beat it by 100%).
2. Tits and Ass had the line of the week, when someone was talking about Goldman Sachs(GS) he said this "Goldman? I could work at Goldman if I wanted to, they don't know how to make money, all they are is a bunch of salesman, that's it, nothing else, nothing more, salesmen!". How proud the Bull is.
THE BULL
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