Dec 7 2008

China

Looks to me like the market bottomed. PE was roughly 7. We’ve had lots of ridiculous stimulus. I haven’t looked at the russian market, but it will bottom when oil bottoms.

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Nov 24 2008

My Call Stocks

Half Down! Let’s make 100% to break-even! Just For the record, In case you can’t read my main holdings changes by looking at my Validation pictures, here’s my open positions. I figure — I’ll list them and discuss them afterwords. Quantity/Ticker/Strike Price I could only get BEAV for April 2008April 20092 BEAV 25, 2 BEAV [...]

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Nov 5 2008

Obama Wins

I am buying YGE, MTW and AOB calls tomorrow morning.

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Nov 4 2008

AOB MTW January 2010 calls

Greg I bought the calls at an average price of $6, they’re at about $9-11 now. Anyway, tomorrow I’m buying calls on MTW and AOB. CEDC is still the way to go if you’re going to choose one I think. If you’re playing GHII put a limit buy order in at $0.11 or less and [...]

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Oct 28 2008

MTW – Great Earnings News

Todd, The 2nd Quarter is usually their strongest quarter, so I expected earnings to fall from 1.044 It fell to 0.80, analysts expected 0.81. Then of course they lowered their full year outlook (cause of the $0.99 UK currency hedge 1-time cost ––no brainer) They’re still up Year over Year, That’s good, but I think [...]

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Oct 27 2008

MTW, BUCY; still bulls? I think so. Definately BUCY

Todd, “The $2.7-billion acquisition will establish Manitowoc among the world’s top manufacturers of commercial foodservice equipment. Manitowoc said it is also is one of the world’s leading producers of cranes and innovative lifting solutions for the global construction industry.” (referring to Edonis). ————Side note: (the point is to illustrate that a lot of construction companies [...]

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Oct 25 2008

Should I sell?

Dario, PCP and MTW are the two of those that I trust the least. I’m waiting on earnings on MTW, but PCP is pretty much hoping that the Boeing strike will end soon. I’ve got a pretty long time horizon and history is telling me to be optimistic. When the market bottoms (if it hasn’t [...]

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Oct 20 2008

MTW2

Todd, It is definitely priced below the current forecast and what’s reasonable. There are a lot of companies priced like this right now. There are also a lot of companies that are overpriced in my opinion. My objective is to only own the companies that have little if any debt, consistent revenues and earnings, and [...]

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Oct 19 2008

MTW

Todd, MTW is priced to grow at -1.2% over the next 5 years. Their Crane group does about 80% of their revenues. From their last quarterly transcript: “This trend was reflected in our crane backlog, which stood at $3.5 billion at June 30, an increase of 70% over the same period in 2007.” “The solid [...]

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