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Any good stock market tips?
beneteau
Member Posts: 8,552 ✭✭✭
With the stock market creeping upward, I thought I would dabble in the market and see if I could make a few bucks. Anyone have any stock suggestions?
Comments
Here is what Ruger is doing as a company at the moment from the stockholder report: The first quarter of 2009 was a significant improvement over the first quarter of last year and continues the progress made in 2008:
The level of demand for our products during the first quarter of 2009 has been unusually high, with more than 500,000 units ordered.
Our firearms sales grew 55.5% from the first quarter of 2008 and 8.7% from the fourth quarter of 2008.
Our firearms unit production grew 69.3% from the first quarter of 2008 and 25.6% from the fourth quarter of 2008.
Our backlog grew to 458,900 units and $136.3 million at the end of the first quarter of 2009, from 175,900 units and $47.8 million at the end of 2008.
We had a successful launch of a new product platform, the LCR, our Lightweight, Compact Revolver.
Cash generated from operations during the first quarter of 2009 was $10.4 million. At the end of the first quarter of 2009, our cash, cash equivalents and short-term investments totaled $33.9 million. Our pre-LIFO working capital of $96.4 million, less the LIFO reserve of $44.1 million, resulted in working capital of $52.3 million and a current ratio of 2.9 to 1. The Company HAS NO DEBT.
We declared a dividend of 8.6? per share for shareholders of record as of May 15, 2009, payable on May 29, 2009.
During the first quarter of 2009, capital expenditures totaled $3.7 million. We expect to invest approximately $12 million for capital expenditures during 2009.
now granted I'm not getting rich off of google and ruger stock but they along with some other ones are cheap enough to buy and you can dabble lol.
If you are serious, but don't want to pay hefty fees or have to buy a thousand shares at a time try this website:
http://www.directinvesting.com/
You pay a yearly subscription fee and you can purchase stock, one to a gazzlion shares for a flat fee of $25 per purchase, not share. Many of the shares offer dividend reinvestment so your dividends go to the purchase of more shares. Once you have stock in a company, you no longer pay the $25 purchase fee because you are now a stock holder and purchase through the company not Direct Investing.
You can also set up a monthly direct purchase for stock through whatever company you are investing in from your checking or savings account or direct from your paycheck.
Bank
Alcoa (AA)
Metals
Diodes (DIOD)
Electronics
Research in Motion (RIMM) -- Manufacture of hand held Blackberries
Would have been better buying these about a month or so ago, I did.
Liquidate all your investments and put it into silver or gold depending on how much you have.
I had friends pull out over two years ago and they are quite pleased.
Silver hasn't even hit it's mark yet. normally 16 pieces to one piece gold...
By the end of July you will be thanking me.
If you believe that our current fiat currency which is a worthless security will be worth anything the way they have been printing it and doling it out. You are sadly mistaken.
If you want a good model, just look at Germany when they printed a bunch of cash and hyper inflated their marks. At least the people were mildly warned when they pulled the silver out of the coins and stamped aluminum. We had no warning and have been trusting toilet paper backed by guns since the 60's.
i called it but not that high, and unfortunately i'm broke
I am buying as much Gold as I can right now...buying it at no more than .75 of Spot, so 25% profit right out of the box.
Where do you buy gold under spot? Please post it.
Investing in anything that isn't tangible - like firearms, ammunition, and fuel, that you can't keep at home, seems like an error to me.
Doug
Our Country is going to collapse, short term.
Investing in anything that isn't tangible - like firearms, ammunition, and fuel, that you can't keep at home, seems like an error to me.
Doug
+1 food may be the next currency
I bought one today, for $80 1/10 St Gaudens - Last Spot was $913...So I got the coin UNDER SPOT, and the 14K surround (another 2 Grams) for FREE!
Have Done it thirteen times in the last week and a half.
Remember - if you buy Jewelry, the Gov't can't take it like they did last time, but you will have to pay tax. If you buy bare coins, No Tax, but you will probably have to pay spot, or a little over, unless the broker is Desparate for money (Which Happens). BUT - if The Messiah wants to confiscate Gold, it has been done already, and there would be no bar to doing it again.
Might join GB ASYLUM for a test run![:D]
Email 1911a1fan to join the group!
Anyone have any stock suggestions?
Don't invest when I do.
My first foray into the market was in Dec of '99....just in time for the "dot bomb" bust....I lost half of my investment in 2 months. [xx(]
I stayed away until last spring, and put a sizable chunk in. [xx(][xx(]
Sell high.
That is all.
Buy low.
Sell high.
AND do NOT use a margin.
Even a dead cat will bounce when you drop it off a 10 story building.
Been putting my money into metals. Stainless steel, blued steel, parkerized steel.
But if you want to fool around, look up stock symbol TR.
Pull a 5 yr chart, and note the number of stock splits.
Yep- Tootsie Roll.