I made a call on Molycorp (MCP) two months ago, through my private investment company Affluent Equities. Some people laughed, and here we are! Additionally I have an $8.65-$11.90 target (short term) on Dendron (DNDN). This is a great long term holding stock, and at this price due to a little competition from J&J the iritic day traders and other investors drove it down to a steal price. The next big stock will be 3-D (DDD)! Right now they are the hidden bomb…load up guys there is nothing bad about this company!
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I’d like to thank Molycorp for making me quite a bit of money on their take over offer of Neo Material.
Great job Alain!! I’m happy for you, sincerely. As I near an early retirement I will be focusing on my Web Site and Services to my clients. I want to throughout there some really good Market news and information on a weekly basis. My goal is to really help those lost souls out there that just don’t know where to turn any longer due to the over flux of information and market volatility. These brokerage houses are out to make money by having people trade or they go broke, bottom line. They line up these impossible formats all on the same page that include BOTH fundamentals, and technical, then they through 60 different graphs at you…that’s just the beginning. As I understand it through a good friend of mine who happens to be a Psychiatrist and lightly trades. He is a Stanford Graduate and told me about some of his colleagues that have actually worked for E*TRADE and TDAmeritrade to make the research formats pleasurable to the mind through colors, lines, and the positioning of them on the screens. There is a lot more involved, but you get the point. A beginning investor is just lost….lost and feeling good about it because he feels empowered through his brokerage. In the last 26 years, I have focused on only a few requirements a company stock must have, a mutual fund, and an options call or put. That along with my famous Market time Model I developed for the micro and macroeconomic side, I spend a good deal of time reading about phycology and human habits…my favorite subjects. Anyway, sorry to ramble on. Good luck in your future investments!
JD