what else did he say in the newsletter optimism? Just added fcsx to my watch list.I got a message yesterday night saying to move to 25% cash, that we may drop from here. I built up some nice sized positions the past few days but I may sell them off totally and go to 100% cash, and wait and see. I heard that there may be a ".25% emergency cut" possibly announced?? Who knows what will happen. I also heard that the dow will drop 1000 pts in one day soon (from Michael Parness). I like to examine the market fundamentally and also technically with charts, and it looks like it IS POSSIBLE. That's why I sold Mr a few days ago near a more higher price because technically it was overbought for 4 days. Could have got back in at @40. Didn't though. Are you going to trim any positions?? I mean we can always hop back in if the cut is announced.
Mark, I also took a partial profit in MR when the stock ran on the pop from 41+ to 44+ to satisfy the aggressive trader in me. 3 points may not sound like a lot, but in a margin account it is a huge percentage gain in two or three days. Because I believe in the company long term, I did not liquidate my entire position. The profit generated took me off margin and now I can hold the stock to satisfy me from an investors standpoint.
EJ same scenario. Right after we touched base the stock ran from around 21 or so ( not sure where you purchased the stock) to 29.12 in about 2 weeks. I originally purchased the stock at around 25 in October on Hsu's recommendation and averaged down at 21+ giving me an average cost of around 23. I took a partial profit at 27+ or 4+ points. In margin a HOME RUN! Selling half takes me of margin and allows me to hold the rest of my position for the longer term. I believe in this company and will continue to hold. Hsu expects the stock to hit 40 within the first half of 2008 and considers it a buy under 25. I'll keep you posted.
A special thanks to womanwithportfolio for the tip on FSIN. I did my own research, L-O-V-E-D the stock. I noticed that FSIN was on IBD's Stocks On The MOVE the day of the post. I am now up handsomely in margin as the stock is up over 25% (50% in margin) since 12/03/07. I will look to lock a profit today on half my position and hold the rest. My apologies to investoman for not getting back to you sooner. Good luck to all.
I use margin too. I am still holding EJ and EWS. want to get back in Mr, wx. GFA makes large $10 swings. I didn't trade it yet but it was highly recommended by a service ( I forget which one). may make a trade on it for a few $ move in a few days. Long term, I agree that MR seems like it has the best potential. Hopefully EJ will blast off soon too
Hsu originally recommended WX in Oct. at 28.12 and has a buy opinion on the stock but has recently lowered his limit to $30 . He expects it to hit $50 by mid-2008.
Mark, is your investment strategy limited to only "Hsu " picks or do you have a broader horizon? A stock I really like is not on Hsu's list. It is CSR on the NYSE. According to Yahoo: Growth Est. Current Qtr. 68.2% , Next Qtr. 60.0% , This Year 32.2% , Next Year 42.6% , Next 5 Years (per annum) 28.75% , Price/Earnings (avg. for comparison categories) 18.61 , PEG Ratio (avg. for comparison categories) 0.65. EPS last yr. .87, current yr est. $1.15, next yr. est. $1.64. Solid numbers in my opinion. Technicals are improving, after a big dip the stock has recently recovered its 50 day ma. the stock is up nicely today on a +64% volume surge. I may get involved.
I am worried about the market right now in general. I do not really want to establish any new positions unless it is MR possibly. I am what you call a "swing trader" ( hold positions a few days-weeks, then dump". I sometimes hold long term. I was holding the mutual funds bgrfx and fdivx for a while making very good money. I recent sold those and put those in a money market fund near their highs in october. After analyzing the market all year in 2007 I have noticed that the "HSU" picks in general are on an amazing uptrend. I focus on these particular stocks not just because he recommended them, but that I notice these stocks " bounce back" the highest from almost any stocks in the US market. Whether this continues or not is another story, but I am satisfied with my results so far. Another thing is that I only have "so much time in a day" to focus on a certain number of stocks and watch them like a hawk. Sure, I would love to have a huge list but my current "watch list is made up of about 37 stocks. I have about 100-150 stocks written down on paper that I occasionally "glance at" to see where they went (Ice, iclr, boom, ilmn, holx, airm, gs, aapl, goog, nvda, rai, phi, etc). In my opinion, 2007 was the year of the "HSU recommendations" and hopefully next year will be too. Also, for some odd reason, I kinda like the guy's approach and it makes sense. He gives you the "fundamentals" and I like to apply the "technicals" so to speak. What are you holding now?
Just got some news....NAvalier is saying the dow will blast off next year. From my examination of his statements for general market direction I find him usually correct. He is heavily pumping WFR...I just checked the chart. It looks like it is on a rampage...my have to get in on this on a dip......NAv thinks there will be more interest rate cuts........we'll see
Big fan of this stock. WFR it is one of the stocks I am holding. They recently signed two new solar wafer deals worth about $12 billion in sales over the next 10 years. To put that in perspective, this years sales should reach around $2 billion. Last quarters earnings of $0.81 per share, were up 44.6% y-o-y according to Thomson Financial. Expected sales growth next year is around 27% according to Yahoo.
Hsu originally recommended this stock in late March of this year at $60.99. With a current price of $86.57 it is up 41.94%, not too shabby. His current opinion is to try to buy WFR on dips below $78. Now, whether or not it actually does dip to that level is another story in itself.
Navellier has a Portfolio Grader system where he breaks down a stock for many different characteristics. This is the take on WFR.
Thank you Optimism for the heads up on the FC Stone Group (FCSX). I received the tease from Hsu's Asia Edge for what must be that stock tonight. I've forwarded the same to Stock Gumshoe to post if he so desires. I was waiting to buy in and did so this morning @ 42.61. The news yesterday, that FC Stone had acquired another company, Downes-Oneill, a brokerage group and risk management firm that serves the dairy industry, sent the price down late yesterday and this morning
Good move slam608. I noticed FCSX is popping nicely today. It is on IBD's Stocks On The Move (Stocks RISING on unusually high volume) trading at $47.18 up $1.60 or 3.5%, on 200% normal volume for this time of day as of this post.
Gold. And not just gold, either OK-recovered from the trash can here is Hsu's tease for the FC Stone Group
December 18, 2007 Los Angeles
Gold’s within shouting distance of its 1980 all-time high of $850. In the past few months I’ve watched price records topple, one after another, in commodity after commodity.
So Many Opportunities?
• India has overtaken Brazil to become the world’s leading producer of sugar. • Demand in Asia is driving the price of gold past $900/oz in 2008. In the last month alone, Asian demand has made gold surge 30%. • PetroChina becomes the world’s most valuable company. • Wheat shortages are causing Italian pasta makers to raise prices so much, consumers are demonstrating in Rome. • Enterprising—and wealthy—U.S. farmers are snapping up the last tracts of cheap farmland in Brazil and the Philippines. • Smaller chips can’t use silicon. An obscure metal, hafnium, is the only viable alternative. Demand for hafnium is soaring, and a tiny Australian hafnium miner suddenly finds itself in the spotlight. • Coffee bean prices hit a 9-year high today. • Sugar cane is being made into disposable plates for use by the likes of MacDonald’s. Trouble is, that’s pushing up the price of sugar—and ethanol. • Zinc improves the life span of steel by 500%. In flu season, we all relearn the truth that zinc is also vital for improving the life span of humans. Used on crops, yields bump up 30%. Yet warehouse suppliers of zinc are now down to one week—sending prices soaring. • Pig shortages in Asia are driving inflation and sending pork futures doubling. Yep, pigs do fly.
FIRST: This is a broad-based bull run. Right now in Asia Edge we are raking in huge profits in commodities as far-ranging as fertilizers and iron ore, chickens and coal, copper and bulk shipping.
>> NOTE: On average these stocks have TRIPLED in the past 52 weeks. But, as you’ll see, the big profits are STILL AHEAD!
SECOND: The REASON commodities are in a bull market is the simplest reason of all: demand is crushing supply. Economic engines are firing on all cylinders in India, China, Singapore, Russia, South Korea, Indonesia, Australia, even Vietnam. Those engines require oil, coal, bauxite, pork, palm oil, silver, wheat, you name it.
THIRD: The economic wealth being created by these engines is creating PERSONAL wealth for more people than has ever been seen in the history of the world. China has almost as many millionaires today as Japan. Last year, China had 15 billionaires. Today it sports 106. India’s millionaire club is growing 20% a year. No wonder India’s consumption of gold tops every other nation’s—and demand is growing at an astonishing 70% a year clip!
FOURTH: You can buy gold, you can buy a commodities-based ETF, you can buy PetroChina, which just became the world’s most highly-valued company, you can buy a Brazilian mine like Vale de Rio Doce?you can do any of these things and do well. BUT you will not have participated in the broadest sense in this stunning bull market and you will be taking considerable risk on board. This is volatile stuff, and you need to be super alert at all times.
I Now Have A Solution For This Problem
Asia Edge subscribers have been asking me for a year to recommend a broad-based Asian-driven commodity play and finally I’ve come up with one I believe is PERFECT.
guys have been in business for 30 years, always very quietly and behind the scenes. So when, a few months ago, the company listed itself in New York as a public company I was really excited. Asia has become the top focus of the company, and its greatest area of expertise, so this looked like the very play my subscribers had been begging for
Robert Hsu hereby discloses that on October 31, 2007, he directly or indirectly owned the following securities which are the subject of commentary, analysis, opinions, advice, or recommendations in, or which are otherwise mentioned in the newsletter, set forth below:
Aluminum Corp. of China Ltd. (ACH) China Life (LFC) China Mobile (CHL) CNOOC Ltd. (CEO) Companhia Vale do Rio Doce (RIO) Comtech Group (COGO) Ctrip.com International (CTRP) iShares MSCI Taiwan Index (EWT) Mindray Medical International (MR) New Oriental Education & Technology Group (EDU) Sinopec/China Petroleum & Chemical Corp. (SNP) streetTRACKS Gold Shares (GLD) The9 Ltd. (NCTY)
It usually a couple of months old by the time it's posted, but it apparently shows what he owns himself.
EJ was not mentioned in the Weekly Update, however it is still in the China Srategy Portfolio as a buy with a limit of $25. Hsu mentions that China Strategy is up 40% in 2007 outperforming the S&P 500 Index by more than 6-to-1. The same numbers apply for his Asia Edge service. A very good year for him indeed. I would also like to mention that Cabot's China and Emerging Markets Report, is up 74.1% this year vs. 7.51% for the dividend-reinvested Dow Jones Wilshire 5000 and ranked #1in performance by Hulbert. Pretty impressive. Good luck to all.
How the worm turns. China Strategy January Issue came out on Friday 1 day after the Weekly Update and its main focus is on (drum roll please).......EJ ! For anyone interested Hsu's new buy limit is $28. Happy New Year to all.
And for anyone interested --here's a listing of the holdings in the TAO etf. I'm going to check his archives, but as I recall Hsu made a favorable comment about HK property listings in October when he first added E-House China Holdings to his portfolio.He qualified it, I believe by saying not many were available here, but China Strategy subscribers ...check out his article in the October issue, "a new buy in a hot new sector" last paragraph on the first page of that aticle and read between the lines and consider TAO.. I don't own it yet but will buy soon.
Thank you for that useful information slam608 as the TAO currently makes up 54.8% of my current holdings @ zecco trading online. It is a baseline holding for me through 2008. Regards.
still too new for me. Sounds like it may be ok. I personally wouldn't feel comfortable with it tomorrow. may get comfortable in a few months if I see how it performs.good luck to all early investors