Thursday, July 13, 2006

 

wallstreet pump continues

footnote: avoid energy +metal stocks,,oil has forgotten its priced in $usd,, and the 'war' is their war and its overthere' their energy costs are far lower than our own.

today cramer swapped horses as expected after hours,, now he like RA +BDN for take over targets,,, maybe if he read more on their pr's they wouldnt seem so attractive. he gave his 'valueation' model about how you should be happy with a falling stock making the yield higher and the div to keep you distracted,,, that sounds just like the pe crap buffett pumps,, ask those longs in TOL if they feel richer when at the top TOL had a pe of 4,, now 7 or 8,, who cares,, its going down with all the rest of them. MS gave the premarket upgrade,,but traders didnt buy it,, so what does they do,,, worrying that they are buying the dumps from GS+LEH and other anals who have been 'bullish' on the sector... huge 'oooops' for MS--time to spread that stuff all over j6p's 401k as traders arent buying it. you will know if its set up with the spec's,,if they gap any of those things up. time to give it up boys.


then tankercramer came out with this 'great pick'
31.65 Chesapeake Utilities files $40 mln mixed shelf
Wed Jul 5, 2006 5:08pm ET
WASHINGTON, July 5 (Reuters) - Chesapeake Utilities Corp. (CPK.N: Quote, Profile, Research), a diversified utility company, on Wednesday said it may periodically sell up to $40 million in common stock and debt securities.

The company said it plans to use the proceeds for general corporate purposes including capital spending, debt repayment, share repurchases, acquisitions, subsidiaries and working capital. (read that part again,, and again, and again!!! again cramer doesnt do simple dd. )

Under a shelf registration filed with the U.S. Securities and Exchange Commission, a company may sell securities in one or more separate offerings with the size, price and terms to be determined at the time of sale.

© Reuters 2006. All Rights Reserved.
http://yahoo.reuters.com/news/articlehybrid.aspx?storyID=urn:newsml:reuters.com:20060705:MTFH27710_2006-07-05_21-08-48_N05311027&type=comktNews&rpc=44

anyway,, very late in the day F ford cars decided it was time to cut the div---only about $20late! look for some sugar pouring anal to market this as a good thing,,, makes sure you buy puts a ways out for the day you tire of holding wallstreets bag.

Wall Street is where the big dogs -- Goldman Sachs, Merrill Lynch, JPMorgan Chase -- play. But they play a game that's designed to give their banks all the money, leaving you holding an empty wallet.

The wingtip crowd has a long track record to support that claim. For instance:

They focus on the big money and do whatever they can to support those relationships. Their attention and research is geared toward deep-pocketed institutional clients, not average Americans with their retirement cash. When they overwhelmingly gave Yahoo! (Nasdaq: YHOO) a "strong buy" rating right before the the tech bubble went pop, the Street crowd was hoping to make the institutional folks some fast cash. But when the bubble burst, we were the ones who suffered.


http://www.fool.com/news/commentary/2006/commentary06051714.htm?source=eptyholnk303100&logvisit=y&npu=y



DONT DRINK WALLSTREETS KOOLAIDE---------THEY NEED A BAGHOLDER





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