The Hampton Letter
 

 
A place for investors to swap investment thoughts.
 
 
   
 
Friday, August 22, 2003
 
Just got back from a trip to Indiana where I spent several days flying ultralights from dawn to dusk. I had forgotten how much I love flying. Anyway, Andy is right - it is get our of Dodge time for UCOMA. We have over 100% profit in just a short period of time.
As a replacement, I just bought FCEL around $10. I paid $1.95 for gas today. Fuel cells are a given for the future. It may not be tomorrow, but soon. The chart is at the breakout. I may be a little early. My stop is about $8.50 or so. Ideal situation would be another 100% gain allowing a sale of half the position and the retention of half the position for years to come esentially for free. If you had done that with 500 shares of Microsoft when Windows first appeared, where would you be today?
I put this one on my Clearstaion Rercommendation list. I am the 364st best stock picker in the nation according to Clearstation. Which does not mean much since many of the pickers there only recommend stocks that are about to do reverse splits. They buy pre split at say $2 and stock does a one for ten reverse slit and the Clearstation software reads the recommendation as a 1,000% gain over night. If I am holding my own against such shinanigans, I guess I can brag a little. I did not say much more in my Clearstation recommendation than I am saying here. However, if you are interested, if you sign up at Clearstation, you can get all my picks e-mailed to you as soon as I make them.
 
Bert, are you back to work or have you been busy with your hobbies?
 
PFE will have to re-invent itself - we shall see what happens. Too many jokes there. It seems to be the American way to get things cheap, fast, and accurate. LEXR is still going and looks like it will go further because it had a scuff with Sony or something that was dismissed or recended in court? Shouldn't watch it... Looking at NR (newpark resources - oil and gas related services) or SPN (Superior Energy - oil and gas equip/services) due to the coming rise in energy prices or may come across another energy related stock....
 
I am sorry to have rec PFE. They have disappointed. Now there is a (as the newcasters are fond of punning) a stiff competitor for Viagra. Also one is coming for Lipitor, although it has some very serious kidney side effects that may make Lipitor come out on top in the end. I find it hard (no pun intended) to understand how a company with their kind or R & D money can let other companies get this far ahead of them, especially on their big money products. I think this may be a buying oppertunity, but the reward may be a long way ahead. All American drug companies are fighting like hell to keep the Canadians from selling to Americans. If this isn't controlled, and people can buy drugs at 40% off, it will hurt them all. And, less money for research. I think that this will eventully come no matter what they do, but not in the imediate future.

 

 
   
  This page is powered by Blogger, the easy way to update your web site.  

Home  |  Archives