All Forums | Investments

June Stock Talk V "Onwards and Upwards"

Participants:
Search model icon
Views: 1376
Posts: 99
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56866
Posted: #51
If you bought a basket of beaten down stocks and had a 5 yr horizon I am sure you would beat the SPX for sure, if you did homework.

I would think the KBE would be the best way to play the banking group safest.

GE is diversified enough but man do they have a TON of debt.

The banks may look bad and yeah you could lose on some, but these banks arent going away and if you had a sample of banks with different risks associated, you WILL beat the SPX over a 5 yr period.

I know you like the banks with no exposure but where is the capital gains on those? Or the dividend?

At our ages we need to take some risks versus hiding money in the mattress or buying stocks with no risk.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #52
Although both are silly, hiding money in the mattress is a much less foolish thing to do right now than buy stocks "for the long term."
 
As Al Pacino in "Devil's Advocate" said, "Buy futures, sell futures, there is no future!!!!!!!!!!!!!"
 
There's a future allright, and it is pretty horrific.
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56866
Posted: #53
CC,

You are on the furthest edge of the scale..you have to admit that.

Taking risks is part of life, you cannot take the money with you and it wont grow sitting in a mattress.

This bounce doesnt look impressive so far..very weak.
 
Covers Linesmen
Participation Meter
Joined: Oct, 2005
Posts: 66698
Posted: #54

The banks may look bad and yeah you could lose on some, but these banks arent going away and if you had a sample of banks with different risks associated, you WILL beat the SPX over a 5 yr period.
---------
if i told you a year ago that BSC would be under and sold for $2 you would have never in a million years believed me

the problem is, none of these banks even know their risks since the mkts they had traded in have stopped working. they cant price what the own
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #55
If you put a gun to my head and I had no choice but to take what little money I have left and put, let's say, 25% of it on one name and let it sit for 10 years...................
 
I'd say General Motors (GM).
 
The peanut gallery is already yapping about "lowest level since 1955" which usually signals a bottom.  Its demise will be featured this weekend in Barron's, which also will signal a bottom.  I am sure Time and Newsweek will join in the bashing, which will also signal a bottom.  The public has capitulated on it, which once again signals a bottom.  The public is shorting it, which also signals a bottom.  And probably the best news......they do make cars, which last time I checked, are still necessary to modern day living.  They're going to have to switch how they make them, though, in addition to how they are powered.
 
Yep, GM.  10 years later from now.........June 30, 2018........we'll see where it is from its up to the second current price:11.5618. 
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56866
Posted: #56
Koaj,

The practice of a stop loss would be part of purchasing any individual stock, add that the KBE takes some risk out of the transaction since it is diversified.

To be honest when Bear started to tank I really didnt know enough about it to make a decision outside a trading position, so a tight stop would have been in place and it would have been a losing trade.

Notice I am not referring to most ANY tech when discussing value. I dont see screaming value out there in tech yet, that might come later in the first part of next year.


 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56866
Posted: #57
GM could bounce to 20 and it wouldnt shock me.

It could also go to 6-7 and it wouldnt shock me.

That dividend looks interesting but man do I dislike owning a stock that I think is inferior in a sector..meaning Honda and Toyota are really the only car stocks I would want to own.

I would put out GE as the 10 yr stock..4.5% divi means a 10 yr return would almost be a 50% move based on the divi alone.

I really dislike GE..no question about it so the play is based on investing versus liking the company.

I would also put KBE on that list.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #58
WSC-
 
Yes, I agree that I am even more bearish than KOAJ, which is VERY damn bearish.  Hahaha
 
But, let's face it, man.  Money sitting in a mattress doesn't get vaporized like money sitting in "John Q 401 K's" IRA/401K/Personal holdings/Employee stock purchase plans.
 
John Q 401 K is taking an ass-whipping on all that crap.  The guy with his money in the mattress may be being scoffed at by John Q 401 K, but the mattress isn't on fire.
 
FTR, all my money is NOT buried in my back-yard like you may think.  It's sitting in a trading account money market waiting to be used "for trading only," as in get in, get out.
 
You got to laugh at this stuff, man.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #59
Another bloody day for SP 500.
 
I'd say we're one day closer to a "woosh down, peeps jumping out the window" day to get long the broad market for a trade.
 
I'd also say there is a damn good chance it happens this coming Monday.  Over the weekend, there could be mid-east crappola, a crime syndicate going under, etc......
 
And then Monday's open on the Dow is down 1400 points.
 
Rookie
Participation Meter
Joined: Jul, 2006
Posts: 932
Posted: #60
i have a question regarding bank cdo's have the banks sorted this mess out .. i assume the answer is no. i just dont know much about it. how are they going to know what there cdo's are worth..
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #61
Hahahahahahahahaha
 
What do you all think would happen if there were a down 1400 open Monday on the Dow, and "THEN" Scholar Ben did a 50 point surprise rate hike on top of that to bail out the worthless US dollar?
 
You'd then see some people jumping out of windows, for real.
 
Covers Linesmen
Participation Meter
Joined: Oct, 2005
Posts: 66698
Posted: #62
how are they going to know what there cdo's are worth..
------------
they dont...those markets for the most part have ceased trading. there's no buyers

how much is something worth if there's no buyers?
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #63

 Wow,

 CC really shocked me when I read this, picking GM for  the ten year out bet...I think they are headed to bankruptcy, and they well deserve to be there.A textbook example of how not to run a company.

 If something has no buyers it is either priceless or worthless in the art world. In the financial world those instruments are worthless.

 In ten years, can we more or less agree that:

  The US will be a debtor nation, further in debt.
. The dollar will be worth less than it is presently, worth    much, much less than presently.
  The demand for commodities will rise exponentially.
  The need for energy will also rise exponentially
 The most rapidly developing nations will be in Asia while the slowest growth will occur in the US and Western Europe..
 

 What companies are poised to take best advantage of these trends? They need not be HQ'd in ny one area, but they had better be operating under those assumptions.

 



 
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #64
Yeah........hahahahahaha
 
"CC" listed GM for his 10 year pick.
 
Aiight, Mr Vermeer, let's see what you got from WSC's list about midway up the page.
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #65
Now don't get touchy CC, hell you may be right bro, but I really do think GM is a miserably run company,and will remain so.Who knows.

Of WSC list I like VLO and that is about it.

 But I am not one who likes to determine which is the best of beaten up stocks...never have been able to do so consistently.

 

 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #66

 PS

 I own some GE so I hope that has a shot, but frankly Koaj's reaction to it mirrors my own. I bought it a long time ago and just have kept it through this disaster.

 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #67
GM vs VLO for next 10 years...................
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #68

 OK for 100 rocks in a currency to be determined later..

 
Rookie
Participation Meter
Joined: Jul, 2006
Posts: 932
Posted: #69
Quote Originally Posted by KOAJ:

how are they going to know what there cdo's are worth..
------------
they dont...those markets for the most part have ceased trading. there's no buyers

how much is something worth if there's no buyers?

got ya thanks koaj 
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #70
Yeah, US dollars.
 
There'll be no such thing in 10 years.  That is a STONE COLD LOCK GUARANTEE.
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #71
And in 10 years, there also won't be any cash, so we'll have to pay up with the barter system.
 
Yep, "late, great planet earth"................
 
 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #72
To the US politicos..........
 
"In God's house you shine, you glitter..
Sell your soul to the highest bidder."
 
Covers Linesmen
Participation Meter
Joined: Feb, 2003
Posts: 56866
Posted: #73
Claycourt,

I suggest you live in a single level home for the next 10 yrs.


 
All-Star
Participation Meter
Joined: Jan, 2006
Posts: 14915
Posted: #74
Hahahahahahahahaha, WSC.
 
Where would all my demons reside then, man?
 
Ever seen this t-shirt.......?
 
"You're just jealous cause the voices talk to me."
 
 
 
 
Veteran
Participation Meter
Joined: Dec, 2006
Posts: 2910
Posted: #75
 
 Personally I thought CC  was living in either a bunker in the Blue Ridge (maybe next to the old one they had for the Pres) or in a bomb shelter.

  The not so secret stach of post bomb Federal bills is housed in Culpeper off Rt 29 CC..we can bet them, but they are not printed like the old ones...

All Forums | Investments
About Us
Contact Us
Careers
Our Team
Brand
Testimonials
Betting Guides
Sportsbook Reviews
Sports Betting News
Podcasts
Responsible Gaming
Sports Betting
US Betting Sites
Canada Betting Sites
Canada Casinos
Best Betting Apps
Contests
Streak Survivor
King of Covers
Ultimate Race
Office Pools
The Covers community has
618,670
lifetime members worldwide
Covers 25 Years Logo Established in 1995,
Covers is the world
leader in sports
betting information.
Site Map Help Privacy Terms of Service youtube logo facebook logo twitter logo instagram logo linkedin logo google news logo
Covers is verified safe by: Evalon Logo GPWA Logo GDPR Logo GeoTrust Logo Evalon Logo
Copyright © 1995 - 2025 CS Media Limited All Rights Reserved.

If you choose to make use of any information on this website including online sports betting services from any websites that may be featured on this website, we strongly recommend that you carefully check your local laws before doing so.It is your sole responsibility to understand your local laws and observe them strictly.Covers does not provide any advice or guidance as to the legality of online sports betting or other online gambling activities within your jurisdiction and you are responsible for complying with laws that are applicable to you in your relevant locality.Covers disclaims all liability associated with your use of this website and use of any information contained on it.As a condition of using this website, you agree to hold the owner of this website harmless from any claims arising from your use of any services on any third party website that may be featured by Covers.