I knew that PTT wouldn't hold its own here and RIck was the better of the two plays. There is a bigger problem which is the Dow is falling ..here is the reason high oil prices / gas prices..The uncertainty of election politics. who thought that front ending the primaries was a good idea was foolish. More uncertainty. People are pulling their money from the Market over the long run this has always proven to be a stupid idea by investors. However the likelihood of the Market going further down the tubes before year end is high. It would not surprise me that we will hit 12500 or 12250 by year end. There is no reason to believe that we will fall much further here for Rick's but PTT will continue to slide
Sonic Money is a sounding board for my personal investments strategies and stock research. It will be updated in real time. As I make moves in these financial waters you will be able to either join in or watch from the sidelines. Either way my goal is to make money every day through picking long term stock winners, shorting stocks that shouldn't be posting gains, betting on sectors that are experiencing tremendous growth, and posting profits that make people take notice.
Tuesday, November 27, 2007
Good Message Board Post on RICK
I try not to pass on to many message board posts and give you an easy to understand summary of all the research I do. I also try to do this in real time so you can follow or watch my trades go north or south (I think that is fairly unique). Anyhow please read what this guy had to say about RICK: