Friday, May 18th, 2012

      

Good Day World of Boating Fans,
Overfishing occurs when fishing activities causes a reduction in  fish stocks below what is considered an acceptable level. Overfishing often is the impetus that upsets entire marine ecosystems.
Over trading is the excessive buying and selling of stocks by a broker.
Overfishing and over trading have one common base in that they both [...]

Good Day World of Boating  Fans,
We bought a thousand shares of Goldman Sachs (GS) as we stated in our earlier blog @$ 161.00 per share. Cognizant Technology (CTSH)  pulled back after a head fake on the open. As a result, we picked up a thousand shares of CTSH @$ 80.23 per share.
Both positions were  under [...]

Good Day World of Boating Fans,
I am going to buy a thousand shares of  Goldman Sachs (GS) at the open.   I  may buy some Cognizant Technology (CTSH) if it pulls back below last weeks close.
The latest research reports look like regurgitated information (in my opinion). I don’t know which business schools these analyst graduated [...]

Good Day World of  Boating Fans,
As Al said in the movie the ” Godfather; ”  ”Just when I thought I was out- they pull me back in.”
We bought a thousand shares of Cree Inc. (CREE) pre market and the stock “fell out of bed” ( went down). It opened down so big and fast I [...]

Good day World of  Boating Fans,
I thought I would stay out of the market and do some research, however things changed. I want to stick with a rule I learned from one of my mentors and keep some ” skin in the game.”
So I bought about 5 thousand shares of  National Semiconductor Corporation  pre market [...]

Good Day World of Boating Fans,
We began the year with one hundred thousand dollars to invest/trade and purchase Greg a Regal 52 and have money left over to maintain it before a deadline of 2012. Which means we will need to make about 1.5 million dollars. Cheer us on as we trade monopoly money on [...]

Good day world of boating fans,
I strongly disagree with Tina Turner when she said,” we don’t need another hero.” We definitely need a hero.  In fact,  27,937 Heroes may not be a bad start. Well. Lets see……
TW Telecom (formally Time Warner Telecom) (TWTC)  was one of the stocks on the radar yesterday. I decided not [...]

Good Day World of Boating Fans,
We have nine months to make money and purchase Greg’s Regal 52.
Yesterday we bought 56,998 shares of Evergreen Energy (EEE) @ $2.87 per share and sold them @ $3.05 per share for a profit of $10,259.64. ($0.18 x 56,998 shares). We bought 7,956 shares of W & T Offshore (WTI) [...]

Good Day World of Boating Fans,
In today’s global market economy everyone talks about quality, speed, and efficiency. In the big scheme of things we all know that “the bottom line is the bottom line.” How much does it cost? How much profit did I make?
We sold our 33,047 shares of  Dry Ship stock (DRYS) @4.95 [...]

Good Day World of Boating Fans,
All aboard DryShips Inc.
DryShips Inc.  (DRYS) has a billion dollar market cap. The company also has decent trading volume (10 million share/day average). The humor comes when you look at the mutual funds that have DRYS in their portfolio.
The type of funds that own DRYS are: Mid Cap growth, balanced [...]