2016 Stock prediction

oldwiseman

Well-Known Member
Oct 10, 2009
1,368
681
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Thumbs up if only because I've been murdelized by LNCO this year. Energy will be a good play eventually but I'm not sure that LINE/LNCO makes it to the other side. At this point I'm looking at my shares as a call option...

It basically is like a call option at $1 but without the expiration risk. Unless the entire business expires but I'd say more likely someone buys it if it looks like it can't make it and you gain equity in a new company. It trades with the volatility of a call option which makes it an interesting play if you have some fun money. When it hits the sub $1 level, like $.95 you buy. It trades back up to $1.10 - $1.15, you sell, turn 10% + over and over. In the last month that trade could have been made 3 or 4 times. If things start to turn up for oil you may sit on it and see where it goes.

I remember in 2008-2009 SIRI traded to almost nothing and everyone said it was going out of business due to massive debt. You could buy it for like $.15. SIRI restructured the debt and didn't fall apart and and if you bought it with fun money, it turned into a lot of fun money. $1000 investment in SIRI on Jan 1 2009 would be worth around $25k today. Linn recently did a debt restructuring that was looked at as favorable. Hopefully it works out. But, I think it's a fun money play more than an investment.
 

Mtowncyclone13

Well-Known Member
Oct 10, 2012
20,023
9,769
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grundy center
I bought $500 of sirius at .35 and it was about $5500 last I checked. Should have bought more.

But to even it out I've bought many more that crashed and burned.
 

sadam

Well-Known Member
Jan 8, 2014
1,238
424
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JCP. I dumped mine at 10.50 and today it's 6.50. Thinking of buying back in.

But I also bought 6k of OIL at $10 and now it's 6.50. So my picking ability is suspect.

Finished maxing out 15 Roth with some OIL today. Well see what the next few years bring but I would think it'll make some money.
 

isu22andy

Active Member
Sep 17, 2012
423
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Thumbs up if only because I've been murdelized by LNCO this year. Energy will be a good play eventually but I'm not sure that LINE/LNCO makes it to the other side. At this point I'm looking at my shares as a call option...

Ha me too , I remember Jim Cramar claiming up and down about how great this stock was
 

ArgentCy

Well-Known Member
Jan 13, 2010
20,405
11,148
113
Well, now I've done it and brought the math. Sorry if I missed a few. SLW just barely missed my target of $10. I still think it drops rapidly to below $10 by June and then starts a new run. Looks like CF is smarter than the average bear, as expected.

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2forISU

Well-Known Member
Oct 8, 2008
6,249
2,210
113
Well, now I've done it and brought the math. Sorry if I missed a few. SLW just barely missed my target of $10. I still think it drops rapidly to below $10 by June and then starts a new run. Looks like CF is smarter than the average bear, as expected.

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Congrats to the person/s who picked the top 3, nice returns. Mine are coming in at 4 and 5. RWM will take flight again with the volatility in the market.
 

SCNCY

Well-Known Member
SuperFanatic
SuperFanatic T2
Sep 11, 2009
10,697
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La Fox, IL
Well, now I've done it and brought the math. Sorry if I missed a few. SLW just barely missed my target of $10. I still think it drops rapidly to below $10 by June and then starts a new run. Looks like CF is smarter than the average bear, as expected.

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I'm in HQY as well! :smile:
 

Gunnerclone

Well-Known Member
Jul 16, 2010
75,644
79,968
113
DSM
My special project is MNKD. Broke the 1 dollar barrier for the first time in a long time last month and now is up to 1.08, hoping it can get that base and push up to 2.00.
 

Gunnerclone

Well-Known Member
Jul 16, 2010
75,644
79,968
113
DSM
MNKD marches on towards $2.00 and GASL is absolutely killing it for me. I'm up 44.36% in the last month I own (or did own in the past 30 days):

PBW
GASL
SIRI
MNKD
S
OIL
 

ArgentCy

Well-Known Member
Jan 13, 2010
20,405
11,148
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@Gunner..so really big on the dollar stocks?... Some nice returns but GASL and oil bounce will be ending soon IMO. Some weird short covering rally's in usually docile markets like Iron Ore. You do have a nice day in MannKind, Biotech is just too volatile and dependent on government studies for my liking.

SLW is still going strong but I would look to sell before the end of the month. JCP is killing it though should have bought that one.
 
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SCNCY

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SuperFanatic
SuperFanatic T2
Sep 11, 2009
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What's everyone's opinion on on oil? Do you think things have worked themselves out for oil and we will see a smoother future for oil prices?

Also, what is everyone's process for picking a stock? What is your process of determining whether you will buy a stock or not, how do you determine your sell point, buy point, etc.?
 

DeereClone

Well-Known Member
Nov 16, 2009
8,281
9,648
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What's everyone's opinion on on oil? Do you think things have worked themselves out for oil and we will see a smoother future for oil prices?

Also, what is everyone's process for picking a stock? What is your process of determining whether you will buy a stock or not, how do you determine your sell point, buy point, etc.?

I am an amateur in the stock game, but I think oil will be solid going forward, but you have missed the best buying opportunity. A month ago it was a no-brainer. I still think it is a good bet going forward, just not a slam-dunk like it was a month ago.
 

ArgentCy

Well-Known Member
Jan 13, 2010
20,405
11,148
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Oil is still not a slam dunk. There will be a lot of oil companies go out of business before that happens. Of course, we might not even be able to post about it if the government gets its way with the new fiduciary rules.

@SCNCY that's a really tough question as it really takes years of experience and is different for everyone. I guess I would recommend just learning as much as you can and maybe start with mutual funds. If you have some fun money (think gambling) then maybe buying a few flyers can get you a good start but don't confuse luck with skill. Almost all new to the investing game will get overconfident after a few wins.
 

SCNCY

Well-Known Member
SuperFanatic
SuperFanatic T2
Sep 11, 2009
10,697
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La Fox, IL
@SCNCY that's a really tough question as it really takes years of experience and is different for everyone. I guess I would recommend just learning as much as you can and maybe start with mutual funds. If you have some fun money (think gambling) then maybe buying a few flyers can get you a good start but don't confuse luck with skill. Almost all new to the investing game will get overconfident after a few wins.

I have been investing for years, since my later years in high school. I also have a degree in Finance, so I know the techniques. Most of my investments are usually long term investments. I have also done a little option trading as well. I am just curious as to how others evaluate stocks.
 

scottie33

Well-Known Member
Nov 25, 2006
2,711
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Ames, Iowa
I got REGI at $6.80 and PEIX at $3.25 and both are doing well in the last month.

Been following SUNE closely lately as they are hovering below $2.00 with 52 week high of $32.00
 

Gunnerclone

Well-Known Member
Jul 16, 2010
75,644
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@Gunner..so really big on the dollar stocks?... Some nice returns but GASL and oil bounce will be ending soon IMO. Some weird short covering rally's in usually docile markets like Iron Ore. You do have a nice day in MannKind, Biotech is just too volatile and dependent on government studies for my liking.

SLW is still going strong but I would look to sell before the end of the month. JCP is killing it though should have bought that one.

I just kept watching and watching JCP and reading article after article about how it was a buy a month or two ago, never pulled the trigger. Another one that I didn't follow my gut on was Chesapeake I knew that was going to go back up and I don't usually shy away from volatility but never got in and now that opportunity is gone.