Posted by billrosen on 14th of Oct 2009 at 09:12 pm
Cramer screamed to
"sell eveything if you need your money in the next 5
years"in earlier March AFTER being long during the whole crash
since the very top, with such great picks as Lehman, Merill, Bear
Stearns, among others. You would have had nothing left to invest to
have profited from his bullish stance since April. I said
it before on this blog, that guy is pure evil, he knows that
millions of clueless people and lot's of older
Americans ignorantly rely on his advice and he continues to
parade around like a bad cartoon character playing some
bizarre game with people's live savings, with zero
accountability from his network and of course he personally is
making millions all the while.
Posted by billrosen on 14th of Oct 2009 at 10:11 am
Regarding RINO, still pushing higher, up 40% in the last 8
trading days, sold half of my remaining position this morning on
the gap up at 27.16, leaving the rest to run with RINO, raising
stop every 15 minutes with rising TL support, curently at 26.25
Posted by billrosen on 14th of Oct 2009 at 10:04 am
KKD has broken out and is taking on nice volume just bought some
at 3.66 has moved to 3.70 still less than 2% over the BP, so not
too late to get in I have a stop at 3.58
Posted by billrosen on 14th of Oct 2009 at 09:34 am
KKD krispy Kreme is at 3.65 which is exactly triangle R going
back 6 months on the daily chart, if it breaks out it has R at 3.76
and then next target would be 4.20, trades thin, be careful
Krispy Kreme had been a popular doughnut chain in the South
since 1937, but remained unknown to the rest of us until about
1996. That's when the first Krispy Kreme popped up in New York
City, on West 23rd Street.
Believe it or not, the town went nuts.
Doughnuts are a major food group in New York, where people eat
many of their meals while walking. These fabulous new doughnuts
were favorably reviewed by local newspapers. Lines formed when the
"Hot Doughnuts" sign was lit. The two young men who owned the
franchise were extolled as modern entrepreneurs.
I lived one block away from the store, and thought Krispy Kremes
were a much better thing than sliced bread. I was soon as
knowledgeable about the product as any potential investor could
be.
Krispy Kreme went public in 2000. Luckily, by then I was living
out of the country and didn't hear about it.
After all, what could go wrong? Just about everything.
Krispy Kreme stock hit a high of about $49 in 2003. Then it
started on a long downward spiral, losing about 90% of its
value.
This company had problems that had nothing to do with its
doughnut recipe.
It over-expanded and took on crushing debt. There were
allegations of management misconduct. Some franchises went
bankrupt. Competition was fierce in the cheap eats category. More
people started consuming healthy foods.
In short, Krispy Kreme managed to lose money selling something
that is both cheap and delicious.
Now the company is under new management and seems to be on a bit
of a roll.
Since February, when its share price hovered around $1, it has
climbed steadily, topping $4 a share before settling at $3.49 as of
October 8, 2009. It has fewer and smaller stores, but is parking
them in strategic locations around the world. Is there hope for
Krispy Kreme? Apparently, the answer is "maybe."
At the end of September, Standard & Poor's raised its
outlook on the company's junk credit ratings to Stable from
Negative (still just above "highly speculative") and indicated that
its sales declines had slowed and cost pressures would ease.
In its latest quarterly report, the company announced it was
close to breaking even, and reported a 5.9% increase in
year-over-year, same-store sales for company-owned locations.
The company even got some good press recently, if you want to
call it that. A new junk-food craze involves a bacon cheeseburger
sandwiched between two Krispy Kremes (Original Glazed). It weighs
in at 1,500 calories, give or take a few.
(With this company's luck, everyone who eats one will have a
coronary within the hour.)
So, taking the common sense investing strategy to its illogical
conclusion, what about
McDonald's(
MCD)?
You hate it, right? Everybody says they do. Nutritionists
condemn it as a major cause of the American obesity crisis. Fat
teens have tried to sue it for damages. French farmers demonstrated
when it started expanding its presence there. In India, people
rioted -- all because of a little fib about what those French fries
were fried in. For more, see
Bad Boys of Business:
McDonald's.
McDonald's will announce its latest quarterly earnings on
October 22, when it's expected to report earnings of $1.10 per
share on revenues of $6.09 billion. The company's sales grew 4.5%
last year.
So much for tough competition in the fast-food industry.
Meanwhile, the company's share price over the past five years
has climbed steadily from the mid-20s to mid-50s. They also pay a
dividend, currently 3.87%.
So, if there's a shred of truth in the common sense investing
strategy, maybe it's this: Forget about everything you understand,
think is new or wonderful, or ought to take the world by storm.
Instead, watch what everybody else is doing.
Pretty soon, what they'll be doing at The Louvre in Paris is
eating at the city's newest McDonald's restaurant. They probably
needed one because those on the nearby Rue de Rivoli and Champs
Elysee are always overcrowded.
Nothing contained in this article is intended as a solicitation
for business of any kind or for investment in the firm.
Posted by billrosen on 13th of Oct 2009 at 02:12 pm
just took profits on the GDX short, looks like it might be
finding support at the triangle break TL now serving as
support...will re enter short if that fails to hold
Posted by billrosen on 13th of Oct 2009 at 07:25 am
I am not having any problems with AIG and slippage with TS,
almost always I get a one cent differnce and that is it, just
making reference to the previous post about problems with TS.
Posted by billrosen on 12th of Oct 2009 at 11:46 am
GDX bounce off support TL from the potential triangle I
indicated might be forming, I bought more long at 48.22, kicking
myself for not shorting when I posted earlier this morning! If it
loses the rising TL curently at 48.19 and rising I will short
it.
Posted by billrosen on 12th of Oct 2009 at 10:36 am
Has anyone noticed how cheap lobster prices have become? I found
yesterday in Hollywood, FL in a store call Penn Dutch Foods,
1lb pound Maine Lobsters for $5.00 each and also found more than
one restaurant (very nice places not some sandwich place) down here
selling lobster for $10.00 on the menu. Other seafood prices are
holding normal. I would bet off the decks in Maine one might buy
lobsters for $2 - $3 each now?J ust wondering if the rest of
country was experiencing that kind of pricing for lobster?
Posted by billrosen on 12th of Oct 2009 at 10:29 am
GDX reversed back down after the run up this morning as it
came up to the high of 49.52 from a few days ago. I took
profits there at 49.38 as the 60 period stochastics came up and
touched touched 80. Will probably buy more if it pulls back again
or will go long on a break above 49.52. I would not be surprised to
see GDX form into an extended triangle over the next week or so and
provide some nice ST term trades long and short as the market will
most likely digest its gains.
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MRK broke out, entered at
Posted by billrosen on 15th of Oct 2009 at 09:42 am
MRK broke out, entered at 33.10 have two stops...half shares at 32.83 and half shares at 31.47
Cramer screamed to "sell eveything
Cramer
Posted by billrosen on 14th of Oct 2009 at 09:12 pm
Cramer screamed to "sell eveything if you need your money in the next 5 years" in earlier March AFTER being long during the whole crash since the very top, with such great picks as Lehman, Merill, Bear Stearns, among others. You would have had nothing left to invest to have profited from his bullish stance since April. I said it before on this blog, that guy is pure evil, he knows that millions of clueless people and lot's of older Americans ignorantly rely on his advice and he continues to parade around like a bad cartoon character playing some bizarre game with people's live savings, with zero accountability from his network and of course he personally is making millions all the while.
just quite day trades, not
GDX has support here at 49.00 just went long with ...
Posted by billrosen on 14th of Oct 2009 at 03:46 pm
just quite day trades, not going by the longer trendlines for these trades
GDX has support here at
Posted by billrosen on 14th of Oct 2009 at 02:54 pm
GDX has support here at 49.00 just went long with a stop at 48.93, I think we get a bounce, especially if we get a nice rally the last hour.
Rino getting smashed down 7.5%
Posted by billrosen on 14th of Oct 2009 at 11:19 am
Rino getting smashed down 7.5% from the gap up this morning
RINO has lost TL support,
Posted by billrosen on 14th of Oct 2009 at 10:51 am
RINO has lost TL support, got stopped out on remaining position, shorted at 26.15 with a stop at 26.33, quick short trade only
KKD has cleared next R
Posted by billrosen on 14th of Oct 2009 at 10:31 am
KKD has cleared next R level of 3.76, I think this can really move from here, currently at 3.80 and volume is pouring into the stock
I got in at 24.40
Regarding RINO, still pushing higher, up 40% in the last ...
Posted by billrosen on 14th of Oct 2009 at 10:27 am
I got in at 24.40 but still a good one.
Regarding RINO, still pushing higher,
Posted by billrosen on 14th of Oct 2009 at 10:11 am
Regarding RINO, still pushing higher, up 40% in the last 8 trading days, sold half of my remaining position this morning on the gap up at 27.16, leaving the rest to run with RINO, raising stop every 15 minutes with rising TL support, curently at 26.25
KKD has broken out and
Posted by billrosen on 14th of Oct 2009 at 10:04 am
KKD has broken out and is taking on nice volume just bought some at 3.66 has moved to 3.70 still less than 2% over the BP, so not too late to get in I have a stop at 3.58
KKD krispy Kreme is at
Posted by billrosen on 14th of Oct 2009 at 09:34 am
KKD krispy Kreme is at 3.65 which is exactly triangle R going back 6 months on the daily chart, if it breaks out it has R at 3.76 and then next target would be 4.20, trades thin, be careful
Title: Interesting story and perhaps
Posted by billrosen on 14th of Oct 2009 at 08:15 am
Krispy Kreme had been a popular doughnut chain in the South since 1937, but remained unknown to the rest of us until about 1996. That's when the first Krispy Kreme popped up in New York City, on West 23rd Street.
Believe it or not, the town went nuts.
Doughnuts are a major food group in New York, where people eat many of their meals while walking. These fabulous new doughnuts were favorably reviewed by local newspapers. Lines formed when the "Hot Doughnuts" sign was lit. The two young men who owned the franchise were extolled as modern entrepreneurs.
I lived one block away from the store, and thought Krispy Kremes were a much better thing than sliced bread. I was soon as knowledgeable about the product as any potential investor could be.
Krispy Kreme went public in 2000. Luckily, by then I was living out of the country and didn't hear about it.
After all, what could go wrong? Just about everything.
Krispy Kreme stock hit a high of about $49 in 2003. Then it started on a long downward spiral, losing about 90% of its value.
This company had problems that had nothing to do with its doughnut recipe.
It over-expanded and took on crushing debt. There were allegations of management misconduct. Some franchises went bankrupt. Competition was fierce in the cheap eats category. More people started consuming healthy foods.
In short, Krispy Kreme managed to lose money selling something that is both cheap and delicious.
Now the company is under new management and seems to be on a bit of a roll.
Since February, when its share price hovered around $1, it has climbed steadily, topping $4 a share before settling at $3.49 as of October 8, 2009. It has fewer and smaller stores, but is parking them in strategic locations around the world. Is there hope for Krispy Kreme? Apparently, the answer is "maybe."
At the end of September, Standard & Poor's raised its outlook on the company's junk credit ratings to Stable from Negative (still just above "highly speculative") and indicated that its sales declines had slowed and cost pressures would ease.
In its latest quarterly report, the company announced it was close to breaking even, and reported a 5.9% increase in year-over-year, same-store sales for company-owned locations.
The company even got some good press recently, if you want to call it that. A new junk-food craze involves a bacon cheeseburger sandwiched between two Krispy Kremes (Original Glazed). It weighs in at 1,500 calories, give or take a few.
(With this company's luck, everyone who eats one will have a coronary within the hour.)
So, taking the common sense investing strategy to its illogical conclusion, what about McDonald's( MCD )?
You hate it, right? Everybody says they do. Nutritionists condemn it as a major cause of the American obesity crisis. Fat teens have tried to sue it for damages. French farmers demonstrated when it started expanding its presence there. In India, people rioted -- all because of a little fib about what those French fries were fried in. For more, see Bad Boys of Business: McDonald's .
McDonald's will announce its latest quarterly earnings on October 22, when it's expected to report earnings of $1.10 per share on revenues of $6.09 billion. The company's sales grew 4.5% last year.
So much for tough competition in the fast-food industry.
Meanwhile, the company's share price over the past five years has climbed steadily from the mid-20s to mid-50s. They also pay a dividend, currently 3.87%.
So, if there's a shred of truth in the common sense investing strategy, maybe it's this: Forget about everything you understand, think is new or wonderful, or ought to take the world by storm.
Instead, watch what everybody else is doing.
Pretty soon, what they'll be doing at The Louvre in Paris is eating at the city's newest McDonald's restaurant. They probably needed one because those on the nearby Rue de Rivoli and Champs Elysee are always overcrowded.
Nothing contained in this article is intended as a solicitation for business of any kind or for investment in the firm.
just took profits on the
Posted by billrosen on 13th of Oct 2009 at 02:12 pm
just took profits on the GDX short, looks like it might be finding support at the triangle break TL now serving as support...will re enter short if that fails to hold
SRS trying to BO from
Posted by billrosen on 13th of Oct 2009 at 02:09 pm
SRS trying to BO from falling TL, failed about 5 times so far today, maybe this time will be it, swing system up nice about 3% from yesterday
not understanding your post
GDX at top of channel going back 6 months...shorting here ...
Posted by billrosen on 13th of Oct 2009 at 02:03 pm
not understanding your post
GDX at top of channel
Posted by billrosen on 13th of Oct 2009 at 01:29 pm
GDX at top of channel going back 6 months...shorting here (with stop)
I am not having any
Posted by billrosen on 13th of Oct 2009 at 07:25 am
I am not having any problems with AIG and slippage with TS, almost always I get a one cent differnce and that is it, just making reference to the previous post about problems with TS.
GDX bounce off support TL
Posted by billrosen on 12th of Oct 2009 at 11:46 am
GDX bounce off support TL from the potential triangle I indicated might be forming, I bought more long at 48.22, kicking myself for not shorting when I posted earlier this morning! If it loses the rising TL curently at 48.19 and rising I will short it.
Has anyone noticed how cheap
Posted by billrosen on 12th of Oct 2009 at 10:36 am
Has anyone noticed how cheap lobster prices have become? I found yesterday in Hollywood, FL in a store call Penn Dutch Foods, 1lb pound Maine Lobsters for $5.00 each and also found more than one restaurant (very nice places not some sandwich place) down here selling lobster for $10.00 on the menu. Other seafood prices are holding normal. I would bet off the decks in Maine one might buy lobsters for $2 - $3 each now?J ust wondering if the rest of country was experiencing that kind of pricing for lobster?
GDX reversed back down after
Posted by billrosen on 12th of Oct 2009 at 10:29 am
GDX reversed back down after the run up this morning as it came up to the high of 49.52 from a few days ago. I took profits there at 49.38 as the 60 period stochastics came up and touched touched 80. Will probably buy more if it pulls back again or will go long on a break above 49.52. I would not be surprised to see GDX form into an extended triangle over the next week or so and provide some nice ST term trades long and short as the market will most likely digest its gains.