Partners on Ockham

“… Is it a smart pin play? We’ve said over and over that neither triquint or another isn’t as good. May I remind people QUALCOMM remains my favorite in the group and they will bust out earnings. We saw that today from a number of trade papers, QCOM. That’s why I own it for actionalertsplus.Com, my charitable trust. It’s my largest position and you’ve heard it and my subscribesers have heard it. …” …more details…

“… Apropos of what I just said. You’ve also recommended buying small amounts of good companies instead of many shares of a dog. My question is where do the two if I only had enough money to buy a few shares of a great company like JPMORGAN which had a monster move this spring, how do I protect my gains without losing all of my position? Mark, great question. I addressed this in "real you have 100 shares of JPMORGAN, you take 25 shares off and up ten points and then you take another 25 shares off about rest is playing with the house you don’t need to sell anymore. That’s why I favor my so-called …” …more details…

“… I agree you should always be in an extremely volatile market, less volatile than it was a month and a half ago, could you literally be picked off. Put a stop loss order in at EXXON, touch of 69 and goes back to 72 and you say why did I do that? Why didn’t I monitor it myself? Volatile markets mean you have to be a little more hands on when you is to sell and a stop-loss takes that out of you …” …more details…

“… >> here’s my question. I jumped into the stock market at the peak and i’m holding a number of stocks at a loss. >> ouchy! >> tell me about it. Negative 70% in NVIDIA. >> I don’t have good news buddy pal in poughkeepsie, here’s the deal! I think the problem with the stock is amd is coming on strong, amd even under five I still want to buy it more than NVIDIA and rim, we don’t care where it’s been, we care where it’s going to. >> suzanne in california. >> suzanne! >> first-time caller. >> oh, yeah? >> I guess this is our …” …more details…

“… >> don’t buy, don’t buy! >> it remains one of the cheapest and it is down 50% from its high last year. Michael in new york! Michael! >> jim, I have a big poughkeepsie, new york, HUDSON VALLEY boo-yah. >> holy cow! Comeback of the year boo-yah back at you. >> here’s my question. I jumped into the stock market at the peak and i’m holding a number of stocks at a loss. …” …more details…

“… Is that that’s not done. The cost improvements are not done and you’ve confirmed them. I want our viewers, because people have associated and when china is getting strong I say go by JOY GLOBAL. I want you to conference in a boiled down fashion which is pretty amazing, the differences right now between china and the united states for your business? …” …more details…

“… Management seemed like it was trying to tap down expectations. It painted a cautious picture of the future. With backlog risk of $525 million or 26% of JOY GLOBAL’s peak backlog where they originally expected it to be 15%, not so bad. According to JOY GLOBAL, coal production could be down 9% this, is actually unbelievably dire. It’s incredible, in terms of where it would be. It really did hurt them as it gets 60, 70% of its revenues from coal mining equipment. The company also thinks china is stockpiling commodities right now which means digging will slow down, leading to less demand for the equipment JOY GLOBAL produces, but I find it hard to see the chinese exposure as anything, but positive. Given that china’s driving demand for commodities right now and that china will eventually be the country to lead the rest of the world out of the economic doldrums in its recovery. When you look at JOY GLOBAL’s quarter that’s what you should keep in mind, if it can generate these numbers in an incredibly horrible environment, imagine how well it will do when things >> house of pleasure! …” …more details…

“… Metal stockpiles and because of hedge funds artificially bidding up prices. Those are all of the reasons for the commodity squeeze, but it doesn’t matter. There was nothing artificial at all about JOY GLOBAL’s player. It was a thing of pull krit ud — >> that beat the street’s expectations, revenues came in …” …more details…

“… >>> yesterday cramer fave mining equipmentmaker JOY GLOBAL reported the kind of dynamite quart that’s so good you wonder how could it even be possible in this miserable environment. …” …more details…

“… I can give you absolutely no assurances when these will turn I will tell you they’re selling at historically low multiples so I would not give up on them. JOHNSON & JOHNSON, he’s buying it back. I cannot count and selling these fine american companies, but I will tell you, they will not participate until we get resolution in washington, and that could be years to come. …” …more details…