Any investors out there...

[huntmaster]

I wish I would have bought some XMSR when I was watching it at under $5---It now trades at $15 just months later

If XM Satelight Radio drops below $10---Its a must buy--I mean a must buy!

 

[M.O.D]

dead money on kmart.

i like mags and avan

 

[Rico]

I wouldn't touch Kmart with a ten foot pole.....If you are in to investing in bankrupt companies, I've got 5000 shares of ETOYS I'll sell you for a hundred bucks. Believe me, theres a lot of open hands to collect what assets Kmart has left well before stockholders will ever see a penny.

Amazon (AMZN) is turning profits now and is fairly cheap....And their subsidiary Drugstore.com (DSCM) is trading at 3 bucks. If you want a better risk at long term payout look there.

 

[Longhorn85]

ETOYS was a dot-com failure. Probably doesn't have a lot of assets. That's a lot different than Kmart which has infrastructure and brand recognition going back for decades. Kmart is clearly a risk as well though.

 

[Diesel3d]

KM would not be a fast growing investment. They are estimated to do 0.22 earn/shr a share by jan 2003. That number will probably change, but if it's accurate or possible they even get back to positive eps you could see nice steady rise out of it over time if the overall market is stable and ascending.

I don’t know bout their business plan, but I do know KM management is very likely looking to get the share price back over a dollar at least within a year!

 

[kunta]

DOT don't fight tape is what they say, I know a lot of people that were short on INVN in the teens and they got crushed....

 

[gotmilk]

DOT don't fight tape is what they say, I know a lot of people that were short on INVN in the teens and they got crushed....

I posted INVN on Elite when it was $3....then again when it had dropped from $11 back to $5.....went from $5 to $41ish

KM is toast....everyone forgets that closing 300 stores is very expensive also.

To the guy talking about AMZN...why bother when Barnes and Nobles BNBN is far better.

 

[bondgirl2217]

I think KM would be a good buy, I just checked and it's at 1.68. If that company gets into much more trouble it will surely be bought out, I don't see it falling off of the NYSE.

I bought up some Enron cheap a couple of months ago at .75, but now it is off the NYSE. I think even it will come back to a few dollars eventually.

I like airlines right now too, they are very low, and surely will be back some day. I have AWA and UAL in my portfolio.

great buy on the enron what is it now? .45....
i do agree about the airlines though, they have been bouncing around though..
check out checkpoint CHKP, it is a mover a few bucks a day, it split @ 9 months ago, but still it think it might be a good buy to get in and out , for a long safe hold look at phillips it had ernings and only came in .09 under, and had a dividend,, it hasn't dropped to much lately..but your best bet is to just keep your eyes open

 

[Longhorn85]

great buy on the enron what is it now? .45....

I did not buy it to make money in one week! It is quite a risk, nonetheless, but I'm interested in how it looks in a few years.

 

[huntmaster]

Shorting Krispy Kreme, to the extreme that I did, for all intents and purposes, wiped out almost all of my discretionary investment money last year. Sometimes, in the market, PE ratios and fundamentals mean nothing. Within a period of time, that is. Eventually, the stock of a company with poor fundamentals will crash and burn (dot-com bubble). Krispy Kreme's PE is astronomical, as far as i'm concerned. The mistakes I made were:

1) While I was shorting this stock, most of the other shorts in the market were in technology. KKD probably wasn't even on their radar screen.
2) The company has excellent fundamentals.

It has been my experience that companies like Krispy Kreme are the exception and not the rule.

Also--all y'all watching the airlines--check out royal carribean cruise lines and carnival cruise lines.---They are picking up on a bit of the airline fallout.