Any great stocks out right now?

Discussion in 'Horn Depot' started by Ramathorn, Nov 13, 2008.

  1. Ramathorn

    Ramathorn 1,000+ Posts

    Value wise? Or are you guys laying low. Nortel is at .63 cents.
  2. CleverNickname

    CleverNickname 500+ Posts

    individual stocks = gambling.
  3. Franco

    Franco 250+ Posts

  4. Anastasis

    Anastasis 1,000+ Posts

    I am tracking a couple tanker stocks. NAT, FRO, GMR. OUt of those I like NAT the best. They have no debt, a $500M unused line of credit available, and have other tanker companies lining up to sell them their hulls at cutrate prices. They;ve been trading at 25-30 since october, were as high as 40 prior, jumped to 34 today. They pay nice quarterly dividends ($1.61 going x-date on the 18th or 19th). It usually gets hammered down pretty good after the x-date, so I'd look for entry points late next week or the following. I'll probably sell my little stake prior to x-date and buy back in somewhere in $26-28 range.

    disclaimer: generally the best advice I can give when it comes to investing is to do teh opposite of what I do.
  5. homer

    homer 500+ Posts

    hahaha. good question.

    100 people will 100 different opinions. buy them all. in small chunks.

    right now is a great time to buy, if you have a 5+ year perspective.

    SPY and VWO for the win.
  6. Anastasis

    Anastasis 1,000+ Posts

    Sold NAT at $34 before x-date. Bought back in at 24 and change. Trading up at 27 and change today. Finally got my head about water for the year in my IRA. Q4 tanker rates aren't as hot as Q3 rates were, so dividend will not be as high as in past, but still a decent return at this point if they can pump out $0.75-1 dividends quarterly.
  7. Vince4Heisman

    Vince4Heisman 250+ Posts 42-43...was at 110 few months is strong and not based on 100 oil..even at 60 oil stock is a bargain
  8. Bookman

    Bookman 1,000+ Posts

    In theory, I wouldn't tell you about any good deals I know, unless I was trying to pump up the price to sell what I own.
  9. UT TOPS

    UT TOPS 25+ Posts

    do your research -i like nu star
  10. MGS

    MGS 500+ Posts

    Nortel's only down 97% this year. I think it's a great time to get in. [​IMG]
  11. AstroVol

    AstroVol 500+ Posts

    Teldar Paper
  12. bevosayshi

    bevosayshi 250+ Posts

    Progresso Chicken....might fine stock.

  13. IRC

    IRC 1,000+ Posts

    Dunder Mifflin.
  14. MaduroUTMB

    MaduroUTMB 2,500+ Posts

    I'm buying AMD, but a lot of people would disagree with that choice.
  15. BattleshipTexas

    BattleshipTexas 1,000+ Posts

    Nortel may very well be in bankruptcy soon.

    There are some great stock values, the problem is people seem to think we are in for 3 or so years of pain. If so more people will sell and those great values may be greater values. hard to know.

    Personally I would stay far away from any financial stock. Who knows how the mortgage crisis may hit them, even secondarily. But some great still-profitable companies in other industries are selling awfully cheap.

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