First off I would like to say the stock market is doing extremely well. We have had some positive data over the past week and today’s sell off is no big deal. The market has been running higher for the past couple weeks. Everything in life is required to have a cooling off period and today was one of them. Plus all the negative Nancy’s had a reason to complain because jobless claims were higher than expected. Big deal! One week! 3 out of 4 weeks of better jobless claims is a win in my book.
Now look at the title of this blog! Westport! I’m going to push this stock relentlessly until everyone that follows my blog has some portion of money in this bad boy. I haven’t come up with a nickname for this great Canadian company just yet, but I’m working on it.
Now I’m going to break it down one more time with Westport (WPRT). Just recently on Wednesday the buzz has come back into passing the energy bill that was sidelined right before the government went on vacation. If you watch TV or surf the Internet majority leader Harry Reid has brought the revised energy bill back on the table with confidence. The key word is Confidence! One of the major short term catalysts for Westport was and still is the passage of this new energy bill. This bill could potentially send WPRT stock to surge through the roof! This is no joke! Imagine a company as small as Westport with a current market cap of 748.19 Million getting money handed to them by the government. A couple $100 Million hand me out by the government and this stock could double if not triple in a short period of time. If this bill passes the government will basically give money back to those who purchase vehicles that run on natural gas instead of diesel. My day job is in transportation and the reduction of fuel cost is $$$ for any company that moves freight for a living. It’s a no brainer!
Back on September 12th I mentioned how WPRT was so quiet. I said that’s the best time to buy. Since then WPRT has spooled up like a TURBO and has blown past the majority of stocks going from a September 10th close of $16.62 a share to today’s close of $18.94. That’s roughly a 14% GAIN in 9 trading days. 9! Many look to pull of this kind of gain in a year. Westport did it in 9 days! Now don’t get too carried away, but there is plenty of buying interest in this stock ahead of the possibility of this energy bill to pass after the November elections. My suggestion is to wait for the stock to cool off. The volume has been big and my only guess is fund managers and large institutions are getting in ahead of the news. I say we still have plenty of time to get in before the big run up.
It’s not out of the question that WPRT could blow past its 52 week high by November! That means all of us could profit roughly another 13% with this stock by November. Hey I could be wrong, but I believe that November could really heat up this already great Canadian company we call Westport Innovations. Plus November is my birthday month! I’m feeling lucky.
Take a chance and put some money on the line with Westport Innovations. It’s a great play on alternative energy. Below are all my recent posts talking about WPRT. This truly is a great company that has moved up to Monster Status. Check it out!
http://stockmarketmonster.blogspot.com/2010/09/westport-innovations-wprt-why-so-quiet.html
http://stockmarketmonster.blogspot.com/2010/08/westport-innovations-w-p-r-t.html
http://stockmarketmonster.blogspot.com/2010/06/can-you-say-westport-innovations.html
Clay-
Monster Status (definition of stocks I currently like)
Monster Status- Apple (AAPL)
Monster Status- Caterpillar (CAT)
Monster Status- Weatherford International (WFT)
Monster Status- Westport Innovations (WPRT)
Monster Status- Kinder Morgan Energy Partners LP (KMP)
Have a Question? Send Questions to wheatleycsmk@gmail.com
New Content every Thursday and Sunday.
Occasional Stock Market Commentary during the week.
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Showing posts with label Potential. Show all posts
Showing posts with label Potential. Show all posts
Thursday, September 23, 2010
Thursday, August 19, 2010
Wall Street Make Up Your Mind Already!
Wall Street Make Up Your Mind Already! This is what I have been saying to myself for quite sometime. Wall Street needs a sense of direction. The one thing that is nagging this market is jobs! Jobs! Jobs! Jobs! It was only months ago that the stock market was trucking along and then the jobless claims started to rise. The perception is jobs will not improve anytime soon. Today's report was more fuel to add to the fire. Another disappointing number!
Jobs continue to disappointment! The numbers were worst then expected, with a weekly initial jobless claims of 500,000. That’s 25,000 claims more than the 475,000 expected by the analysts. This is truly the only thing that is stopping this market from going higher. Every time claims come out we sell off! It’s obviously a negative to the market and the economy, but jobs have been terrible for quite sometime.
Everyone (I mean traders) are too quick to judge and any piece of bad news is an immediate sell. That to me isn’t logical. Why would you want to waste your time and energy selling a stock that you liked just a few days ago? This is what the stock market does. I’m here to tell you not to worry. The short term gyrations are meant to make people panic and sell their stock. There are many fund managers out there that still have plenty of money to put into the market. Lower prices are great for people that still need to get into the market. Negative news allows people to accumulate. To me that’s a good thing. A market that continues to move higher without stopping to take a break is a recipe for disaster.
As of today I’m not worried. I get excited at the potential of buying stock at lower prices. If you put in the time to do your research and build a great case for owning a company the short term sell-offs will be a blessing and not a curse. Buy more! It’s that simple. Investing is all about the future. If you can picture a better future for stock prices you will come to peace with the market. 6 months from now everyone will be laughing at how ridiculous it was to fret over the short term volatility.
If stocks were perfectly priced and in line with all the data there would be no reason to invest. No one would be able to make money. That’s why these sell-offs create opportunities in some stocks because the underlying value doesn't reflect the current price. It’s just like buying a house for less than market value, or a used car for a bargain. The potential to make a profit is there! I continue to stay optimistic as I see great potential for stocks.
Look at the market this way. Yes jobs are weak, but look at how well the earnings have been for the majority of companies over earnings season. Earnings have been great! If companies are improving their balance sheets and earnings are on the rise, the potential is huge! What will happen to stock prices when the economy turns and revenue increases? Earnings will explode! That’s why you invest now. Then you won’t miss the gobs of money on the way up as stock prices soar! It’s all about the Future! Future! Future!
On a positive note on a down day Intel (INTC) decided to buy software/security maker MCAFFE (MFE) for $7.7 Billion or $48.00 a share. Just yesterday MCAFFE closed at $29.93. Today MFE closed at $47.01. That’s a +57.07% return in one day! If that doesn’t get you excited that I don’t know what will. Companies wouldn’t be acquiring other companies if things weren’t getting better. I truly believe this is a sign of better things to come. So should you!
All research derived from http://finance.yahoo.com/
Have a great night! I’ll be back on Sunday.
Clay-
Have a Question? Send Questions to wheatleycsmk@gmail.com
New Content every Thursday and Sunday.
Occasional Stock Market Commentary during the week.
Feedback Welcome!
Interested? Please become a follower (This gives me an accurate number of readership) I would like to see this number grow! Click the follow button on the right hand side of the screen and follow the prompts. It's easy!
Jobs continue to disappointment! The numbers were worst then expected, with a weekly initial jobless claims of 500,000. That’s 25,000 claims more than the 475,000 expected by the analysts. This is truly the only thing that is stopping this market from going higher. Every time claims come out we sell off! It’s obviously a negative to the market and the economy, but jobs have been terrible for quite sometime.
Everyone (I mean traders) are too quick to judge and any piece of bad news is an immediate sell. That to me isn’t logical. Why would you want to waste your time and energy selling a stock that you liked just a few days ago? This is what the stock market does. I’m here to tell you not to worry. The short term gyrations are meant to make people panic and sell their stock. There are many fund managers out there that still have plenty of money to put into the market. Lower prices are great for people that still need to get into the market. Negative news allows people to accumulate. To me that’s a good thing. A market that continues to move higher without stopping to take a break is a recipe for disaster.
As of today I’m not worried. I get excited at the potential of buying stock at lower prices. If you put in the time to do your research and build a great case for owning a company the short term sell-offs will be a blessing and not a curse. Buy more! It’s that simple. Investing is all about the future. If you can picture a better future for stock prices you will come to peace with the market. 6 months from now everyone will be laughing at how ridiculous it was to fret over the short term volatility.
If stocks were perfectly priced and in line with all the data there would be no reason to invest. No one would be able to make money. That’s why these sell-offs create opportunities in some stocks because the underlying value doesn't reflect the current price. It’s just like buying a house for less than market value, or a used car for a bargain. The potential to make a profit is there! I continue to stay optimistic as I see great potential for stocks.
Look at the market this way. Yes jobs are weak, but look at how well the earnings have been for the majority of companies over earnings season. Earnings have been great! If companies are improving their balance sheets and earnings are on the rise, the potential is huge! What will happen to stock prices when the economy turns and revenue increases? Earnings will explode! That’s why you invest now. Then you won’t miss the gobs of money on the way up as stock prices soar! It’s all about the Future! Future! Future!
On a positive note on a down day Intel (INTC) decided to buy software/security maker MCAFFE (MFE) for $7.7 Billion or $48.00 a share. Just yesterday MCAFFE closed at $29.93. Today MFE closed at $47.01. That’s a +57.07% return in one day! If that doesn’t get you excited that I don’t know what will. Companies wouldn’t be acquiring other companies if things weren’t getting better. I truly believe this is a sign of better things to come. So should you!
All research derived from http://finance.yahoo.com/
Have a great night! I’ll be back on Sunday.
Clay-
Have a Question? Send Questions to wheatleycsmk@gmail.com
New Content every Thursday and Sunday.
Occasional Stock Market Commentary during the week.
Feedback Welcome!
Interested? Please become a follower (This gives me an accurate number of readership) I would like to see this number grow! Click the follow button on the right hand side of the screen and follow the prompts. It's easy!
Sunday, July 11, 2010
Cosi My Penny Stock. The Chance Of Hitting It Big!
Today I’m going to Piggy back off Thursday’s post about penny stocks. As I mentioned earlier I personally have invested in penny stocks and I currently own 1 at the moment. The company I own is COSI Inc. (COSI)
Cosi is in the restaurant business. There top competitors consist of Panera Bread and Starbucks to name a few. Cosi is very similar to Panera Bread (which is one of my favorite places to eat), but offers a different taste and the atmosphere is pretty upbeat. Lunch time is extremely busy and you will tend to see a lot of business people partake in the Cosi experience. The clientele is different than Panera and that may be due to the higher prices of the food. Cosi is strategically located in high traffic areas and are found in larger populated cities.
The reason I purchased this stock is the first time I ate there I could see the potential. The food was great and the lunch time rush was outrageous. I remember back when Panera was just popping up all over Michigan I would watch Panera stock like a hawk. That was back in 2002 when PNRA was trading in the mid 20’s. At the time I was in my first few years of college and was broke as a joke so I was unable to benefit financially from Panera’s success. Sure enough Panera is successful to this day. After a little research I see that Panera was trading under $5 from 1995 until about 2000. On Friday Panera closed over $76 a share. A $1,000 invested at $5.00 a share would be worth over $14,000 today. Now that’s what I’m talking about! This is the reason I invest in so called penny stocks.
If Cosi can produce at least half the performance Panera Bread did over the year’s I will have an extraordinary gain in this stock. With 143 locations in 18 states Cosi has the potential to grow throughout the United States. Now that the economy is on the mend I see Cosi benefiting from increased spending in dining. The fact that this small company was able to weather the storm in a terrible economy speaks volumes. With the recent positive news of increased same store sales this may be a turning point for Cosi. Although still not profitable I still have confidence in this small company. With a market cap under 43 Million and a small amount of trading volume this stock is extremely volatile. If you’re going to buy a stock like this please be patient and realize this is a high risk investment. Never invest more than 20% of your portfolio in a speculative play.
Today wasn’t meant for a recommendation to buy Cosi. It’s just an example of a personal penny stock holding. I do however personally like the potential outlook in the long term. Today’s post was to endorse the idea of penny stocks. It’s the chance to hit it big. A long shot! A lottery ticket! Excitement! That’s what I get by owning Cosi. A chance that my small investment will pay off huge in the coming years. This is the wow factor of investing. A reason to continue the journey of financial freedom!
Thank You,
Clay-
Have a Question? Send Questions to wheatleycsmk@gmail.com
New Content every Thursday and Sunday.
Occasional Stock Market Commentary during the week.
Feedback Welcome!
Interested? Please become a follower
Cosi is in the restaurant business. There top competitors consist of Panera Bread and Starbucks to name a few. Cosi is very similar to Panera Bread (which is one of my favorite places to eat), but offers a different taste and the atmosphere is pretty upbeat. Lunch time is extremely busy and you will tend to see a lot of business people partake in the Cosi experience. The clientele is different than Panera and that may be due to the higher prices of the food. Cosi is strategically located in high traffic areas and are found in larger populated cities.
The reason I purchased this stock is the first time I ate there I could see the potential. The food was great and the lunch time rush was outrageous. I remember back when Panera was just popping up all over Michigan I would watch Panera stock like a hawk. That was back in 2002 when PNRA was trading in the mid 20’s. At the time I was in my first few years of college and was broke as a joke so I was unable to benefit financially from Panera’s success. Sure enough Panera is successful to this day. After a little research I see that Panera was trading under $5 from 1995 until about 2000. On Friday Panera closed over $76 a share. A $1,000 invested at $5.00 a share would be worth over $14,000 today. Now that’s what I’m talking about! This is the reason I invest in so called penny stocks.
If Cosi can produce at least half the performance Panera Bread did over the year’s I will have an extraordinary gain in this stock. With 143 locations in 18 states Cosi has the potential to grow throughout the United States. Now that the economy is on the mend I see Cosi benefiting from increased spending in dining. The fact that this small company was able to weather the storm in a terrible economy speaks volumes. With the recent positive news of increased same store sales this may be a turning point for Cosi. Although still not profitable I still have confidence in this small company. With a market cap under 43 Million and a small amount of trading volume this stock is extremely volatile. If you’re going to buy a stock like this please be patient and realize this is a high risk investment. Never invest more than 20% of your portfolio in a speculative play.
Today wasn’t meant for a recommendation to buy Cosi. It’s just an example of a personal penny stock holding. I do however personally like the potential outlook in the long term. Today’s post was to endorse the idea of penny stocks. It’s the chance to hit it big. A long shot! A lottery ticket! Excitement! That’s what I get by owning Cosi. A chance that my small investment will pay off huge in the coming years. This is the wow factor of investing. A reason to continue the journey of financial freedom!
Thank You,
Clay-
Have a Question? Send Questions to wheatleycsmk@gmail.com
New Content every Thursday and Sunday.
Occasional Stock Market Commentary during the week.
Feedback Welcome!
Interested? Please become a follower
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