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fidel's Blogs
Mar
21
Posted: 8 month(s) and 18 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: fidel
From:
 fidel
Date:March 21, 2008
Subject:KERX is on the rebound $$$
Body:
Fund managers have begun taking up positions in this pharma company after it was crushed from a FDA approval failure. It dropped from about $5.75 down to .52 cents. Here is link to the lst of funds current buying,this is from Tues,17th,but the volume doubled on this Thursday and it closed up higher on afterhours action:http://www.thebuylist.com/default.aspx?Stock=kerx Check it out I am taking ou a real position in this, the shorts will have to start covering soon ,as I expect the funds will continue buying there will be a go run up on this,in addition to that KERX is getting paid $20Million in April from a drug license they sold to a Jananese co. They wil probably issue some PR on this to help get the PPS above $1.00 for the continued listing requirements. Have a Great Weekend and Good Friday Fidel in Bama

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Mar
20
Posted: 8 month(s) and 19 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: fidel

This deal with Carrigan should give FMT the troubled lender some breathing room. Many think this the first move to an eventual buyout.

The deal is scheduled to close on April 1st,so I am looking for it to really move off its' lows by then. I have heard this .60 cent stock could go as high as $2.50 then. But be careful and do your own Due Diligence!

TMA was highly diluted on their bailout and cost the investors' money. I expect it to eventually get up to $2.00 or so after they cash in some paper on the March 26,but again these are both volatile and risky,but have some potentially strong upside.

Everyone have a Great Weekend

Frank In Alabama


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Mar
19
Posted: 8 month(s) and 20 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: fidel

They have established that the run on them was only rumors,and they have NO exposur to the the the sub-prime mess and are very caplitalized. With an untapped credit line of over a $Billion dollars. This Will go back up over the few days.

Fidel

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Mar
19
Posted: 8 month(s) and 21 days(s) ago   |   1 Comment(s)   |   Rating: 0 0
Posted by: fidel

TMA is looking like it is gonna move up strong today,lot of pre-market action. Could be a delayed reaction to recent good news regarding Margin call freeze and ability to get cassh for their non-agancy paper.

Its' Looking good,and FMT shook off the downgrades and is up pre-market also.

Fidel

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Mar
16
Posted: 8 month(s) and 23 days(s) ago   |   6 Comment(s)   |   Rating: 0 0
Posted by: fidel

Looks like BSC is going to get bought for $20.00 a share, I would not make a move on this til  the dust settles Monday. It closed @$30 on Friday.  Way too many unknowns on this one, it could now drop to less than JPMs' offering to purchase it for ,taking it down to $15 or less.

Frank in Alabama

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Mar
15
Posted: 8 month(s) and 24 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: fidel

All of these are potential buyout targets,and should rally nicely on Tuesdays' Fed Rate Cut.
NCC is going thru some of same liquidity issues as all the above. Except they are the largest stakeholder in the New Visa IPO. BofA may not be able to pass up a buying opportunity like this. TMA will be able to clear up all the margin call issues by the 26 of March when they be able directly take advantage of the FEDs' new 200BB cash infusion.  FMT is rumored to be bought out soon by the either Kelley,Amster, or Harbinger. Three of the largest shareholders'.  BSC,there is a lot of talk that the 85 yr old brokerage will be bought out by someone looking for a turn around in the future. SCA has just filed its' plan to stave off financial ruin,and on the rate cut Tues,could double,if not triple from its' current lows.

Frank in Alabama

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Mar
14
Posted: 8 month(s) and 26 days(s) ago   |   1 Comment(s)   |   Rating: 0 0
Posted by: fidel

Hey that is really incredible, I love it! And thank who ever produced it, for including my Rookie page in the video. That was totally cool...Lol! I already posted links on my yahoo stock trading profile so people I talk with on the Message Boards can link to my Blogs. Wow, I am gonna have to buy more FNGP stock with everything growing like this! Really think this gives everyone a sense of community. What an enjoyable opportunity!

Thank You Casey,

Frank in ALabama

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Mar
13
Posted: 8 month(s) and 27 days(s) ago   |   0 Comment(s)   |   Rating: 0 0
Posted by: fidel

Both of these have been thru hell and back. With the FED's recent cash infusion,and the upcoming FED meeting on March 18th, these are both primed to do some serious bouncing. Some of you may look at the recent large gains and think that you missed the boat,but that is not the case! TMA is in the process of meeting it's margin calls,even the one annonced today. FMT just got rid of the executive directors who were responsible for turn down of a buyout bid by Kelly Fund. There is speculation that the FMT & FIL(Fremont Investment & Loan) will be split and that the lending half will be sold off from the banking half,with a target price in the range $4.00 to 5.00 or more. Today FMT hit .90 cents(coming off the bottom of .29 cents) and AH was over .70 ,with a late sell off close of .635 cents. TMA has went from ,70 cents on Monday to a high of $3.50 today, with a close of 2.85. TMA will.as discussed on many MB's will go back up to $6.00 to $7.00 dollars and higher, in the near term. The FDIC just gave FMT the go ahead to get rid of the previous top executives,and there is speculation that this move show's the FDIC's willingness to work with FMT to lift the current CDO,and allow them to start originating new loans again,at which point the stock price will climb considerably. Due your own due diligence,however,I strongly beleive that both of these stocks, to have a solid upside,in this oh so volatile market environment. These are not pump and dump scheme,these are businesses that have been major mover's in the California Real Estate market for more than 10 to 15 years that I sold real estate there.(starting in 1983) Check them out.

Frank in Alabama

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Mar
01
Posted: 9 month(s) and 9 days(s) ago   |   2 Comment(s)   |   Rating: 0 0
Posted by: fidel
I put together about  20 different watchlists in the various sectors. This make it easier to know when some unusual volume or news is happening. Plus I now try to focus on one or two particular type of businesses,eg pharma,solar,gold,sometimes tech. These varying sectors all seem to rise or fall in tandem. Among those specific sectors, there will be someone who stands out,goes against a falling market or rises quickly,this allows me to seperate the wheat from the shaft. Then do your homework,1)Why is is moving up2) is this a One day pop,or does "she" have Legs?3) I check the historical prices and try to see any patterns or trends,a lot of time when a particular stock I have been watching for few months, it will begin to repeat a pattern i recognize.4) Check the trailing quarters, Are they growing their profits over a 3 or 4 qtr period?5) On stocks I am familair with I will sometimes buy in the day before they report their previous qtr,this can be little risky if you do not have good feel for the type of business,and busnesses strong season.6) Always check the balance shet for cash and assets,and also the cash flow. 7) the charts in combinationation with historical prices can give you great insight into what may be coming up,you'll have to study up on the chart science yourself,there's a lot to it and I am only beginning to get a handle on it myself.8) Be Bold! 9)Making money is not your most important concern,NOT losing money IS! Set a threshold of pain, and get the Hell out if the "she" start sinking more than you are prepared to stomach.10) Find an area of the market that you are already farmiliar with through you everyday life, if you have a background in biology,you'll probably be comfortable figuring out the ins and outs of Pharma. Work in retail,you might have a better grasp of the retail sector than me.You get the idea.11)Some of my biggest gains have come from Pharma lately. I set my Google alert for keywords that indicate a small company may have some explosive news coming up,Bio Conference,Outstanding qtr,huge share buyback, a pending FDA approval,and such. 12) There are some excellent tools ,interveiws, test running different trading strategies here on MyWallSt which have definitely sharpened my feel for what will make it,and what won't. I could go on for awhile but hopefully the following will give you some ideas. I'll post this in a blog also,let me know if you have any specific questions,it help me as much it does you to air out some of what has worked for me in the past.
Frank in Alabama
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