I WANNA WATCH YOU BLEED
It's normal. I don't know what goes on within the average human psyche that makes it that way, but it is what it is. We are addicted to rubbernecking car wrecks. We love seeing those incidences of complete and total self-destruction, termination and defeat. Perhaps it makes us feel better about our own lives. "At least I'm not that guy", is a common thought. It serves to calm the fractured ego after a difficult round with that relentless opponent called life. We all bleed at different times and have different ways of dealing with it. It seems that a lot of people in the investment world attempt to create this indestructible persona of El Super Investmentidaes Matadores. They become characters out of Lucha Libre, wearing red and yellow masks, with only their eyes and mouth visible --- telling you that everything is great all of the time. I'd accept the exterior portrayal of infinite contentment if we were talking about the tap dancing scene or making leather sofas for a living. How much can go wrong in those professions? But Wall Street? That's a different story. This is a business built on the back of perpetual disappointment and anxiety. Even when an investment or trade goes all the way right, we find ways of complaining about getting in too early or out too late. We check the share price for weeks on end and proceed to wince when we see that our sale wasn't at the all-time high. We think about the ones that got away far more than we think about any success we have had. We find a way to make ourselves feel like mules at every opportunity. Enough is never quite enough. And whatever we have, always seems like too little. This is the psychology of your average Wall Street participant. And then there are the days when we actually are mules. The days where everything goes wrong. Correlations that have been working for years suddenly fall apart. Our hedges completely dissolve. Patterns that have been working for what seems like a lifetime fall apart overnight. The thought process of luck versus skill starts coming into play. You bleed from within. For an environment like Wall Street, that is the financial version of a trench embedded deep in enemy territory, constantly under fire --- talk of casualties and injuries is suspiciously absent. Where's the bleeding? Where are the displays of blood and guts? I see happy, go-lucky analysts, bloggers and fund managers --- talking about AAPL stock, sentiment surveys and the top 10 reasons growing a beard will help you make money in the markets. There...
WHO IS HOLDING YOUR HAND?
I've always thought of it as important. What is surprising to me is how many investors out there pay little to no attention to it. The people you are "holding hands" with when you invest in a stock are just as, if not more important than the fundamental picture. This becomes especially true when you are investing in restructurings -- PSTR being the most recent example. Whenever I am investigating a company for investment, amongst the many items I look into are which newsletters, investors or institutions are recommending or investing in the stock. Companies that have less of a following and are exhibiting bullish characteristics tend to make me much more excited than a company that is being drooled on by every investor and newsletter in sight. The majority rules in congress, but sucks in the markets. Whenever you are running with a herd, you can be sure that your final destination is prancing right off the proverbial cliff. With restructurings it takes on a whole new level importance. Why? The firm or group of investors taking part in the restructuring become the lifeline for the company. If you have an established group of investors that have a reputation for past success, are well connected and have a substantial capital base behind them --- then chances are that they will be successful with their current investment, as well. The research report on PSTR had an equal amount of information on the activist investor involved with the company, as it did the fundamentals of the company. They should be both be weighed on equal ground. Without a competent team of investors guiding PSTR through what has been a difficult period in 2010, then the fundamentals make zero difference. So what? They produce X amount of natural gas, have X amount of new wells coming into production, have X number of pipelines, have X as a price/earnings ratio. I have seen smarter investors than myself get bludgeoned to death by trusting in the brainiac calculations and estimates of valuation and future growth. Unless there is a catalyst --- a leader, to take the company to where it is supposed to be, nothing else will matter. Who is holding your hand? What company do you have in your investments? If you find that you're walking alongside a hooker, odds are you are not in the right...
T.BOONE PICKENS AND STEVE COHEN LIKE IT
Like what? Natural gas stocks. A couple links: http://fundmanagernews.com/steve-cohen http://stocks.investopedia.com/stock-analysis/2010/Pickens-Bullish-Natural-Gas-Call-Makes-Sense-CHK-DVN-XTO-XOM-BNI-BRK.A0122.aspx Why be bullish? Here are the top 3 reasons: 1. A legitimate alternative energy source that will be gaining acceptance as crude oil prices soar 2. Sitting at historically low levels 3. Environmentally more sound Not a matter of if, simply a matter of when. Research was presented on our newest holding - a natural gas producer - yesterday. Long-term hold, with fantastic upside. Do your research...find your play. Bottom line: don't leave natural gas out of your portfolio. The potential risk/reward equation is simply too...
OUR NEWEST PLAY ON BAKKEN
I have just sent "Fire" level members our newest play on Bakken. If you haven't read the research on the Bakken formation, please check it out. Our first Bakken play is up over 300% since we bought it in 2010. We expect something similar here.
RESEARCH REPORT – NEW POSITION – 7 PAGES
Zenpenny PSTR Research Report...
CHECK OUT ALL THE COWBOYS PLAYING ON THE AMEX
For as long as I've been in the game, cowboys have always loved the American Stock Exchange (AMEX). I can count on one hand the number of times I have bought a stock on the AMEX. The times I have it has been with a great deal of reluctance. There are a couple of companies that I really like that trade on the AMEX actually. I still get the same feeling, however. Kinda feel dirty just looking at them. Oil and gold are the hot sectors at present. A lot of speculative oil and gold names happen to trade on the AMEX. I found a bunch for your amusement and possible profit if played correctly. There are a couple here that trade on the Nasdaq. Check out all these momentum driven spikes taking place recently. (click on charts below to enlarge) Gold Stocks: OIL...
NEWEST RESEARCH REPORT WILL BE POSTED ON BLOG
Tomorrow morning, you will all get a glimpse into what Zenpenny members get on a regular basis: Research, opportunity and the potential for substantial profits. I will be posting our newest positions research report on the blog for the first time tomorrow morning. The company is a wonderful opportunity for investment, with a proven veteran in the oil/gas industry assisting the company in realizing its full potential. It will be a direct beneficiary of higher energy prices in the coming months/years. The upside here will be tremendous for long-term...
TOP 3 MOST POPULAR POSTS FROM THIS PAST WEEK
1. 10 REASONS A SUPER-CYCLE IN OIL IS INEVITABLE. 2. THE ATTACK OF THE SPECULATIVE OIL ZOMBIES 3. THE GUN - A POSSIBLE TRADING TRIGGER ABOUT TO GO...
NEW ADDITION TO THE PORTFOLIO COMING ON MONDAY
Going to be releasing the research report on the newest addition to the portfolio on Monday morning. It is an oil/gas name...undervalued, activist/restructuring angle, with significant estimated upside. Looking forward to finishing up the research this weekend and presenting it to everyone on Monday. The research will be available to all Zenpenny...