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| frusnak |
 Posted: Thu Feb 09, 2006 4:10 pm Post subject: Cramer's recap 2/9/06...pain free stock |
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CFO
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NOTICE: the following information is provided by Cramer's mad money and has not been verified by me. Use at your own risk...
PTIE@$9.10...ah $10.07..+10.66% (during the show this stock was up $1.50)
Non addictive replacement for oxycontin. Plenty of cash and low p/e.
PSA@$73.92...ah $74.43..+0.69%Storage for individuals who don't have room at their condo/townhome. 90.5% occupancy. Wants to buy...
SHU@$61.20...ah $62.07..+1.42%..but they can grow with out SHU.
KEYW@$20.50...ah $20.50..unchanged Fiber optic security encryption play
CCU@$28.89 no ah trades...short this one...NY attorney general Eliot Spitzer is investigating for business practices.
 Bullish...BRCM AIG ERTS AIN DYN PCAR CMI OS MVK HXL AMD SIRI STO UPL NVT GWW AMTD
 Bearish...EBAY LU CROX ATVI TWX AXL XMSR JNPR ORCL ASH SIFY |
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| nelaina |
| Posted: Thu Feb 09, 2006 4:27 pm Post subject: |
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CFO
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how can he be bullish on SIRI
im telling you, im getting tired of his shifty behavior. |
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| frusnak |
| Posted: Thu Feb 09, 2006 4:36 pm Post subject: |
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CFO
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Yeah, I have a hard time doing this report because he changes his tune so much....It gets tiring maybe if we had a bunch of people doing research on all the different changes in the market... 
Its better to try and shift through his pratter and find some good ones and trade when they go up a certain percentage. Something I'm working on in my real accounts. |
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| stockmarkettips |
| Posted: Thu Feb 09, 2006 5:53 pm Post subject: |
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Investing Manager
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| frusnak |
| Posted: Fri Feb 10, 2006 2:51 am Post subject: |
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CFO
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the point I think we are trying to make is if your not signed up for his for fee service you had better not miss a second of his show.
Last edited by frusnak on Fri Feb 10, 2006 3:42 am; edited 1 time in total |
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| nelaina |
| Posted: Fri Feb 10, 2006 3:28 am Post subject: |
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CFO
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he was bullish on SIRI, but then back in December he changed his tune and became very bearish...calling a DONT BUY |
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| akh098 |
| Posted: Fri Feb 10, 2006 5:12 am Post subject: |
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Investing VP
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SIRI is good stock. fortunately this stock is lucky for me as i have earned handsome gains by purchasing huge quantities and selling at every high.
ptie up with good volumes. |
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| stockmarkettips |
| Posted: Fri Feb 10, 2006 6:52 pm Post subject: |
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Investing Manager
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Cramer is usually speaking to the active trader, not the guy that wants to buy and hold a stock for years and years.
| frusnak wrote: | Yeah, I have a hard time doing this report because he changes his tune so much....It gets tiring maybe if we had a bunch of people doing research on all the different changes in the market...
Its better to try and shift through his pratter and find some good ones and trade when they go up a certain percentage. Something I'm working on in my real accounts. | |
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| frusnak |
| Posted: Sat Feb 11, 2006 1:26 am Post subject: |
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CFO
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| I have changed my trading habits from buy and hold to buy and sell after a certain percentage gain. It's a lot more work but results are worth it. |
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| Dave Rathbun |
| Posted: Sat Feb 11, 2006 4:43 am Post subject: |
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CFO
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| frusnak wrote: | | I have changed my trading habits from buy and hold to buy and sell after a certain percentage gain. It's a lot more work but results are worth it. |
Be careful of tax considerations.  Two things that can catch up to you... I have experienced both. First, active trading might net you a 10% gain (or more, of course) per trade, but taxes on short-term gains are the highest rate. A 20% long term gainer might net you more than a 25% short-term gainer because of that. Also, if you do really well in any particular calendar quarter, you might need to review the need to pay quarterly estimated income tax. In one quarter I sold a whole bunch of holdings, and didn't realize that I cross the threshold into that requirement until it was too late, and nearly had to pay a penalty as a result.
And no, I don't remember what the threshold is (was) so you might want to check it out (or have your accountant check it out, if you have one). |
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| frusnak |
| Posted: Sat Feb 11, 2006 5:30 am Post subject: |
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CFO
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| Good point about tax considerations. My short term trading,for the most part, is restricted to my retirement account. I will take a profit at 25% in any account I have. This doesn't occur that often for me lately |
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| geb9696 |
| Posted: Sat Feb 11, 2006 6:27 am Post subject: |
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Investing VP
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| I dont like the way Cramer trades because I think he is often to bullish on overvalued stocks and he is way to active on changing his view on certain stocks. Should your mind change on a stock in 2 days? Not without major news. Cramer switches all the time for no reason other then the market happens to be down or up on that particular day. |
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| Dave Rathbun |
| Posted: Sat Feb 11, 2006 6:40 am Post subject: |
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CFO
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"Trading" in a retirement account is fine... I do that too. I guess I should have mentioned that. I have some stocks that have traded in a channel (PIXR used to be one) that I would trade up and sell. The process went like this:
Step 1: buy 100 shares of X
Step 2: after X appreciates, sell enough shares only to recover initial investment
Step 3: wait for X to drop
Step 4: repeat
In this way I end up building up a collection of "free" shares. For example, I was able to do this twice for PIXR while it was trading in a channel several years ago. I purchase 100 shares, and sold 70. I did that twice. Now I own 60 shares of "free" PIXR stock.
What that strategy does is allow me to reuse my initial capital while still building up a position in a stock that I want to purchase. Once the stock breaks out of the channel, I am left with whatever shares are leftover plus my initial capital. That's assuming that it breaks out in the "up" direction. |
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| stockmarkettips |
| Posted: Sat Feb 11, 2006 9:21 am Post subject: |
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Investing Manager
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| Let me try to understand something. If you trade activlely in a Roth IRA, you pay no taxes when you sell a stock - is that right? And, you don't pay taxes when you withdraw the money from the account as long as you wait untill your age 60? |
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| geb9696 |
| Posted: Sat Feb 11, 2006 9:25 am Post subject: |
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Investing VP
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| I thought you dont have to pay taxes when you withdraw money from a Roth IRA because the money is put in after taxes. |
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