THE GNR Stock Exchange

[Dr. Blutarsky]

It was in the $70 range a share in `01. Its about $5 less now. Nothing huge, but as far as trends go it doesn't look like a winner.

[SLCPUNK]

SLC - can you PM me some good financial advice you've been told and learnt over the years?

3. PM SLC

You know, this is so funny.

Since I turned that job down yesterday. 

The guy was shocked.

[sandman]

GE peaked at around $150 in 2000 and did a 3 to 1 stock split.  it's been in the $30s for most of the time since then.

despite the earnings issues and bad press for its Iran dealings, i think it's still a great buy. with the quarterly dividends it's like investing in a mutual fund.

[SLCPUNK]

Dividends are a great part of the GE stock. I think GE is always a solid buy myself.

[SLCPUNK]

High Oil Prices? You Ain't Seen Nothing Yet

Posted Apr 16, 2008 12:39pm EDT by Aaron Task in Newsmakers, Commodities


Charles Maxwell is known as the ?Dean of Energy Analysts,? following decades working on Wall Street and for Mobil Corp. before the XOM deal. As global oil consumption rises and oil production peaks and ebbs, prices will shoot higher ? a lot higher, says Maxwell, senior energy analyst at Weeden & Co. in Greenwich, Conn.

Maxwell forecasts $180 oil by 2015, and $300 a barrel by 2020. And at those prices, could rationing be far off in the future? Plus, check in with Tech Ticker later to get Maxwell?s take on smart oil investing plays as oil reaches the bottom of the barrel.

[AxlsMainMan]

$1.16.9/L here in Napanee, Ontario

[The Dog]

Dividends are a great part of the GE stock. I think GE is always a solid buy myself.

dividends rule.

nice day for some of my stocks today.

[SLCPUNK]

Nuthin sexy, but worth a watch

[SLCPUNK]

This is also worth watching. A closer look at Alt A loans. Some eye opening facts about the mortgage crisis, and what is around the bend.

http://www.youtube.com/watch?v=pmeBSWI9sF8

This guy is sharp and full of information, check out his blog:

http://mrmortgage.typepad.com/blog/

To me, this spells even bigger trouble on the horizon.

[sandman]

Stock market shows signs the bull is back

NEW YORK ? Just five months after raising a bearish warning flag, one of Wall Street's oldest tools used to predict the longer-term direction of stocks is back in the bullish camp.
Dow Theory, a market-forecasting system devised more than 100 years ago by Wall Street Journal editor Charles Dow, is signaling that the primary trend of the market, which turned down in November, is pointing up again.

In a nutshell, Dow Theory turns bullish when the Dow Jones industrial average, a proxy for U.S. manufacturing, and the Dow transportation average, made up of companies that ship goods, move in tandem and bust out above prior significant highs.

"The message," says Richard Moroney, editor of Dow Theory Forecasts newsletter, "is stocks are headed higher. It makes sense to listen to the primary trend."

The concept is simple: If shares of companies that make stuff are going up at the same time as stocks that deliver the goods from the factories to consumers, it is a sign of economic health.

Friday, the Dow industrials soared 229 points to 12,849, topping their recent high of 12,743 set on Feb. 1. The strength in the industrials confirmed the earlier breakout by the transports, which rallied 2.3% Friday to a fresh 2008 high of 5100. Stocks were lifted by better-than-expected first-quarter profit reports.

The bullish signal, however, comes at a time when the economy is still slowing, the housing market is still in a funk and further fallout from the credit crunch is still a real worry. Those same worries drove stock prices sharply lower in early March before rebounding.

However, it is not uncommon for stocks to start moving higher before the worst of the economic clouds have passed, says Richard Russell, who has edited Dow Theory Letters newsletter for 50 years.

"All news is history," Russell says. "What's important in this business is not so much the news ? but the market's reaction to the news."

The latest Dow Theory buy signal has Russell in a bullish mood. He believes the stock market lows hit in January will mark the trough for the year. And he expects the Dow industrials to make new all-time highs.

If stocks continue to rise, Russell says, the market could benefit from a buying surge by the record number of investors now betting on stock prices falling. The reason: If they are forced to reverse those negative bets and start buying stocks, prices could jump sharply. "A market that refuses to head down is a potentially explosive market," he says,

But just because Dow Theory has turned bullish, don't expect the Dow to hit new highs, counters Richard Suttmeier, chief market strategist at RightSide.com. The credit crunch and recession will keep a cap on gains, he says. The best investors can expect? "Maybe we can poke above Dow 13,000," he says.

http://www.usatoday.com/money/markets/2008-04-20-dow-theory-buy-signal_N.htm

[SLCPUNK]

Bullish?

Dunno 'bout that one.

[The Dog]

Bullish?

Dunno 'bout that one.

me either - things will slip again, i don't think we'll start to see a true rebound until after the summer, deep into the fall.  We've had some good days due to some kick ass earnings reports, but I don't think its anything sustainable....

we'll see.  be great if we've seen the worse but....  citi cutting 9k jobs is great for the stock I guess, but pretty shitty for those 9k

[SLCPUNK]

So is this bitch going to 9000?

We are going into an ugly territory here.

Hey, where is that bull again Sandman?

[SLCPUNK]

What have you been doing? The economy is going down the toilet with the dollar, so I'm starting to switch my new contributions to a multinational fund that focuses on exports. That and energy, alternative, and natural resource stocks. Hopefully these funds will do well with Bush's shit dollar. Also I'm contributing (not moving) a portion into bonds.

[Axl4Prez2004]

I think we should pool our extra funds here at HTGTH and bid up AXL.  What better way to celebrate our favorite lead singer?  Here's the company's profile: 

American Axle & Manufacturing Holdings, Inc., together with its subsidiaries, engages in the manufacture, engineering, design, and validation of driveline and drivetrain systems, and related components and chassis modules for automotive industry in the United States. The company's driveline and drivetrain systems include components that transfer power from the transmission and deliver it to the drive wheels. These products comprise axles, chassis modules, driveshafts, power transfer units, transfer cases, chassis and steering components, driving heads, crankshafts, transmission parts, and metal-formed products. It offers these products for light trucks, sport utility vehicles, passenger cars, and crossover vehicles. The company was founded in 1994 and is headquartered in Detroit, Michigan.

Does anybody here own a piece of AXL?  AXL's 52 week high is up over 31, but is now just under 21/share.  I wonder if Axl owns any AXL.   

8000?  Wow.  Invest now, 12000 to 8000 is a 33% drop.  Buy in at 8000, with a rise to 12000, there's a 50% rise!  The lure of easy money.  Reminds me of my Worldcom money.     Oh well, a buddy of mine has a bunch invested in DOC. (Digital Angel, implantable microchips)  Poor guy's been putting money in that for a couple years...his money's disappearing. 

I'm glad nobody took my advice then!!!     From $21 a share to $8.38.  Yikes!!!  Now, as a GNR community, we should strike while it's at it's low!!!!!!!!!!!  Whaddaya say???   

[SLCPUNK]

haha, yea that's how you sell it!

Maybe the worst pitch I've heard yet......

[Axl4Prez2004]

haha, yea that's how you sell it!

Maybe the worst pitch I've heard yet......

Alright guys, here's an even better pitch!  It's down another 13.04% today to a delicious $7.60 per share!!!!!

Guys, we have to jump on this a.s.a.p.!!!  AXL!  As Monty Burns once said in the Fighting Hellfish episode of The Simpsons, "We'll all be rich!  Rich as Nazis!!!"  Just think, ya'll could be ruing the day you ignored AXL at $7.60 per share!!!!!!!      

[TAP]

http://www.msnbc.msn.com/id/25495186/

DETROIT - Shares of General Motors Corp. plunged Wednesday to close below $10 for the first time in more than half a century, on worries about the company?s cash needs and speculation about a possible bankruptcy protection filing down the road.

GM shares fell $1.77, or 15.1 percent, to close at $9.98. Their session low of $9.96 marked their lowest point since Sept. 13, 1954, when they hit $9.92, according to the Center for Research in Security Prices at the University of Chicago. The price is adjusted for splits and other changes.

etc etc

[Axl4Prez2004]

TAP, how dare you post such unpatriotic anti-American propaganda!  The American car industry is alive and well and you and your America-hatin' crowd are just trying to cripple this great nation with your negative liberal articles!!!

Invest in AXL!!!!  This things dropped a ton, buy low sell high!!!!!

[The Dog]

It's been a rough past couple of weeks to say the least.  I got slaughtered.  not fun at all.  Worst part is I don't see things turning up anytime soon.