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eazyb81 03-13-2008 07:53 PM

Stocks
 
We have threads about every other topic, so why not one on stocks? I'm sure there are others on here who dabble in the market, although it's been beaten down pretty hard the past few weeks/months.

What stocks have caught your attention lately?

For me, I've become intrigued by Blockbuster (BBI) since they released their impressive 4th quarter earnings. I think they are a much better value than Netlflix and the positive report is even more impressive considering they paid down 5% of their outstanding debt and closed 500+ underperforming stores. That said, there's still risk involved in any stock trading around 3 bucks.

Rausch 03-13-2008 08:38 PM

I don't know. Look how down music sales are now that you don't need to purchase a physical product to have the merchandise. I'd bet that Blockbuster has more brand name recognition than any other renter but they've also got the ancle weight of their product renting less and less on the shelves.

Netflix seems to be growing as needed while BB has to cut/shrink as needed.

On the other hand if they can adapt well and dominate the way they did in the brick-n-mortar stores $3 stocks now are a steal...

Joe Seahawk 03-13-2008 08:44 PM

My broker told me JDS Uniphase is THE stock you want. Unfortunately that was in 2000 when it was nearly 90 bucks.. now (if it's even trading anymore) it's less than $1 :banghead: I think rain man made the same mistake as me IIRC . Oh well you win some you lose some.. I'm still waiting to win some however..

Amcol looks very good to me though..

Halfcan 03-13-2008 08:49 PM

Stocks-sometimes they go UP and sometimes they go DOWN

Rausch 03-13-2008 08:50 PM

Wait, did you ask Mecca?...

eazyb81 03-13-2008 08:53 PM

Quote:

Originally Posted by Rausch (Post 4630147)
I don't know. Look how down music sales are now that you don't need to purchase a physical product to have the merchandise. I'd bet that Blockbuster has more brand name recognition than any other renter but they've also got the ancle weight of their product renting less and less on the shelves.

Netflix seems to be growing as needed while BB has to cut/shrink as needed.

On the other hand if they can adapt well and dominate the way they did in the brick-n-mortar stores $3 stocks now are a steal...

Very good points. I will say that I think Netflix, Redbox, etc have taken their toll on Blockbuster by now. Anyone that wants to rent movies that way probably does it at this point. Also, Blockbuster's largest direct competitor, Movie Gallery, recently declared bankruptcy and will close 900+ stores this year.

Let's hear some more recommendations.

elvomito 03-13-2008 08:59 PM

might be a good time to get some chipotle stock
gold stocks appear to be moving steadily upward
i think i'll get into the commodities market soon, lots of learning to do

doomy3 03-13-2008 09:04 PM

Quote:

Originally Posted by Rausch (Post 4630161)
Wait, did you ask Mecca?...


ROFL

I hear that he triples as a stock advisor in addition to being a draft guru and NFL Scout.

Extra Point 03-13-2008 09:06 PM

Quote:

Originally Posted by doomy3 (Post 4630183)
ROFL

I hear that he triples as a stock advisor in addition to being a draft guru and NFL Scout.


You left out hand model.

Rausch 03-13-2008 09:08 PM

Quote:

Originally Posted by eazyb81 (Post 4630164)
Very good points. I will say that I think Netflix, Redbox, etc have taken their toll on Blockbuster by now. Anyone that wants to rent movies that way probably does it at this point. Also, Blockbuster's largest direct competitor, Movie Gallery, recently declared bankruptcy and will close 900+ stores this year.

Let's hear some more recommendations.

As a former employee of Movie gallery they are a doomed venture. They are everything that is wrong with being coorporate and nothing right (read: making money.)

When I was a GM (only 9 months) they completely ignored what generated the local revenue (porn and older, classic movies) and demanded all stores adopt the same look, inventory, emphasis, etc.

Even as a n00b in management I could see they were set up to lose money and had two regional GM's (read: competant ones) hired away by BB for much more money...

Logical 03-13-2008 09:23 PM

For fast growth these commodity stock/mutual funds look positive:

KGC
AEM
TGLDX

For long term steady and relatively safe growth I recommend the following diversified Mutual fund

PRPFX

xbarretx 03-13-2008 09:26 PM

for reasons i wont get into i will suggest LM (legg Mason)

only thing i will say is that its near 52 week lows...check there books..set for growth big time....

xbarretx 03-13-2008 09:40 PM

Quote:

Originally Posted by Rausch (Post 4630147)
I don't know. Look how down music sales are now that you don't need to purchase a physical product to have the merchandise. I'd bet that Blockbuster has more brand name recognition than any other renter but they've also got the ancle weight of their product renting less and less on the shelves.

Netflix seems to be growing as needed while BB has to cut/shrink as needed.

On the other hand if they can adapt well and dominate the way they did in the brick-n-mortar stores $3 stocks now are a steal...

id Concur, netflix seems to have the edge and there brand recognition is more apparent today than BB IMHO. i mena how often do you ever see a blockbuster add? you cant go three URL's on the web without seeing a netflix add

Halfcan 03-13-2008 09:43 PM

I am buying the first stock in the first Legal Weed dealer in the US.

Should go sky HIGH!

Rausch 03-13-2008 10:02 PM

Quote:

Originally Posted by xbarretx (Post 4630226)
for reasons i wont get into i will suggest LM (legg Mason)

only thing i will say is that its near 52 week lows...check there books..set for growth big time....

So we have hats in the ring for either statistical convergence or insider trading.

Both are solid arguments...


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