Monday, May 07, 2007
Missed Opportunities: PMFG
Back in November of 2006, I put together a short list of stocks that may benefit from a Democratic Congress.
To make a long, frustrating story short, I balked at buying PMFG, because it was too thinly traded. Like a dicktard, I ignored what seemed to be a "sure thing," because I didn't want to "waste valuable resources" in a thinly traded micro-cap.
100% later, "The Fly" hates his trader/servant for being lazy, missing the PMFG run, and will now proceed to throw desk lamps at him.
Here is PMFG's description:
To make a long, frustrating story short, I balked at buying PMFG, because it was too thinly traded. Like a dicktard, I ignored what seemed to be a "sure thing," because I didn't want to "waste valuable resources" in a thinly traded micro-cap.
100% later, "The Fly" hates his trader/servant for being lazy, missing the PMFG run, and will now proceed to throw desk lamps at him.
Here is PMFG's description:
Peerless Mfg. Co., through its subsidiaries, engages in the design, manufacture, and sale of products used for the removal of contaminants from gases and liquids, as well as for air pollution abatement. It operates in two segments, Environmental Systems and Separation Filtration Systems. Environmental Systems segment offers environmental control systems used for air pollution abatement. This segment�s main product, Selective Catalytic Reduction System, is used to convert nitrogen oxide emissions from exhaust gases caused by burning hydrocarbon fuels, such as coal, gasoline, natural gas, and oil, as well as organic bio-fuels, such as wood products, grasses, and grains, into nitrogen and water vapor. Environmental Systems segment also offers various systems to reduce pollutants, such as carbon monoxide and particulate matter. This segment sells its products to power producers, power developers, engineering and construction companies, heat recovery steam generator manufacturers, boiler manufacturers, refineries, and petrochemical plants. Separation Filtration Systems segment provides separators or filters that are used for various purposes in cleaning gases and liquids as they move through piping systems. These products are used primarily to remove solid and liquid contaminants from natural gas, as well as saltwater aerosols from combustion intake air of shipboard gas turbine and diesel engines. These separators are also used in nuclear power plants to remove water from saturated steam. This segment offers its products to gas producers, gas gathering, and transmission and distribution companies; chemical manufacturers and oil refineries; manufacturers of compressors, turbines, and nuclear and conventional steam generating equipment; and shipbuilders. Peerless Mfg. was founded in 1933 and is headquartered in Dallas, Texas.
Thursday, August 30, 2007
Sector Spotlight: Financials
We're going higher today. Tech will drag the DOW up by its boot straps, effectively poleaxing Doug Kass and his stupid fucking friends.
I know, you are thinking: "hey, asshole, how do you know this?"
My reply, as always: "Fucktard, I have a time machine."
If you are short the market, cover now, else you will be covering later--for much bigger losses.
Already, Naz 100 stocks are mud stomping the shorts, with gains in GRMN, RIMM, NVDA, AAPL, CELG and BIIB.
Personally, I'm enjoying caffeinated gains in RIMM, NTRI, ATI, VMI, AAPL, VLO, ALJ and OEH.
In short, the gap lower this morning was a fucking gift. However, the financials still suck straw, with mean losses in ABK, MS, NCC, CS, DB, HRB and BCS.
Just avoid the sector.
As for me, I have a list of new stocks on my purchase list, most of them have exposure to the filtration business. Don't ask.
My list includes CLC, DCI, PLL, PMFG, PH and maybe FLDR.
NOTE: It appears iiG's CEO, Don "dollar" Danks will not be stepping down. Bad news for the bears. I still like the name, especially going into earnings.
I know, you are thinking: "hey, asshole, how do you know this?"
My reply, as always: "Fucktard, I have a time machine."
If you are short the market, cover now, else you will be covering later--for much bigger losses.
Already, Naz 100 stocks are mud stomping the shorts, with gains in GRMN, RIMM, NVDA, AAPL, CELG and BIIB.
Personally, I'm enjoying caffeinated gains in RIMM, NTRI, ATI, VMI, AAPL, VLO, ALJ and OEH.
In short, the gap lower this morning was a fucking gift. However, the financials still suck straw, with mean losses in ABK, MS, NCC, CS, DB, HRB and BCS.
Just avoid the sector.
As for me, I have a list of new stocks on my purchase list, most of them have exposure to the filtration business. Don't ask.
My list includes CLC, DCI, PLL, PMFG, PH and maybe FLDR.
NOTE: It appears iiG's CEO, Don "dollar" Danks will not be stepping down. Bad news for the bears. I still like the name, especially going into earnings.
Friday, November 10, 2006
Sector Spotlight: U.S. Dollar, Gold, Oil
Apparently, China is not too happy about the Democrats taking control of Congress. As you know, the Dems have been very vocal about the massive U.S.-China trade deficit and China's manipulated currency. For the most part, the GOP has been a big friend to Chinese business and have pretty much looked the other way, in regards to China pegging the yuan to the dollar.
However, now that the Democrats have taken power in Congress, I suspect our policy may change. Already, China announced they would be "diversifying" their currency holdings. This means, instead of them buying dollars, they will buy euro's, gold, silver and other market currencies.
Considering China currently own more than 1 trillion dollars, I'd say this is big news. As a result, the dollar has been on a decline, while gold, silver, euros and oil (dollar denominated commodity) have gone up.
Bottom line: The way I am playing this development, as always, is buying the commodity or currency outright. Therefore, I will be adding to my GLD (Gold), USO (Oil) and FXE (Euro trust) positions. If you want to own silver, SLV is the way to go. I fucking hate silver-- way overrated.
As for today's trading:
I sense the dip buyers will make an attempt to rally the market today. Already, I am seeing sharp reversals in many Semiconductor stocks. However, I do believe the market is overdue a minor pullback and feel buying today may be a mistake. We shall see.
NOTE: I am combing thru many stocks, trying to identify the ones that may benefit from a Democratic Congress. So far, I like the following: CCC, AVR, VSE, PMFG, ANDE and ITT. More to come.
However, now that the Democrats have taken power in Congress, I suspect our policy may change. Already, China announced they would be "diversifying" their currency holdings. This means, instead of them buying dollars, they will buy euro's, gold, silver and other market currencies.
Considering China currently own more than 1 trillion dollars, I'd say this is big news. As a result, the dollar has been on a decline, while gold, silver, euros and oil (dollar denominated commodity) have gone up.
Bottom line: The way I am playing this development, as always, is buying the commodity or currency outright. Therefore, I will be adding to my GLD (Gold), USO (Oil) and FXE (Euro trust) positions. If you want to own silver, SLV is the way to go. I fucking hate silver-- way overrated.
As for today's trading:
I sense the dip buyers will make an attempt to rally the market today. Already, I am seeing sharp reversals in many Semiconductor stocks. However, I do believe the market is overdue a minor pullback and feel buying today may be a mistake. We shall see.
NOTE: I am combing thru many stocks, trying to identify the ones that may benefit from a Democratic Congress. So far, I like the following: CCC, AVR, VSE, PMFG, ANDE and ITT. More to come.
