Pirates Pretending To Be Pig Farmers (Seriously)
Wow and I thought I liked money—the pig f#@!ers over at Agfeed Industries (FEED) raised another $25mil just 7 days after their first $10 mil plundering financing. The short time span between blatant dilution financings tells us now it’s gonna get interesting, a.) we’re def. gonna see more pig farm acquisitions (no doubt at the typical 2-5x income), which given soaring commodity prices, investors are gonna like (good short-term, but dangerous long-term aka why can they get them so cheap?) and b.) whoever bought these shares is even more motivated to turn this into a Wall Street darling telling clients and paying off/bribing getting others to tell their clients “with the Olympics coming up and food prices soaring, this is how you invest in both trends” (BS generalization).
Other than scalping, the rise is too gradual to warrant any shorting and if done right, this could become a great pump and dump story stock, meaning the potential upside is enormous…so respect the pump, buy if it suits your personality, don’t short too soon and never ever believe the hype. When this thing dies down—and it will eventually die, as 995 out of 1,000 piece of poo companies do (seriously)—its chart will resemble similarly flawed fraudulent microcrap lover of acquisitions ZVUE.
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1Dan-O
April 23rd, 2008 at 9:48 am
Love that pic
2AP
April 23rd, 2008 at 9:49 am
LWLG spiking on low volume and blah news. I can’t find a borrow though.
3timsykes
April 23rd, 2008 at 9:51 am
i’d buy lwlg on the breakout before i’d ever consider shorting it here
4Stan
April 23rd, 2008 at 10:04 am
ANAD is to short on its creepy outlook, imo.
5Jib
April 23rd, 2008 at 10:06 am
I got in twice on this yesterday. Got in at 19.65, sold at 20.30, got in again when it dropped to 19.20, sold at 20.20. Absolutely HOT. Still think there’s a lot more money to be made here.
6InvestorsLive(TIMBUCKS: $40)
April 23rd, 2008 at 10:07 am
ABK nice nose dive… funny I don’t think it’s seen a green day since CNBC covered at 10-12+
7Stan
April 23rd, 2008 at 10:12 am
FEED is very dangerous to short here as Tim said, fierce bounce at $19. I would rather buy a little and ride like Jib is doing. Shorted ANAD at 11.24.
8Stan
April 23rd, 2008 at 10:18 am
Big blocks sitting to sell @19.25 and they are taken easily, hard to understand FEED.
9Goat
April 23rd, 2008 at 10:18 am
SSRX - buy buy buy
10Tony Ellis(TIMBUCKS: $24)
April 23rd, 2008 at 10:21 am
Come on JRJC spike like we all know you have the potential to.
11tommy
April 23rd, 2008 at 10:22 am
Why dont you explaint to your readers at what price did they sell those shares ?
You are becoming a typical yahoo board short- basher
12Ju(TIMBUCKS: $1)
April 23rd, 2008 at 10:51 am
EDEN spiked again
13cacaosteve(TIMBUCKS: $14)
April 23rd, 2008 at 10:52 am
EDEN a short at 2.36?
14AJF-ESQ
April 23rd, 2008 at 10:54 am
Hey Tim - on your DVD do explain how you scout the stocks out?
15bdog
April 23rd, 2008 at 10:57 am
whats up with these idiots running eden back up 16% after all the bogus news anyone know whats going on? bout to take a postion should I wait till afternoon?
16AJF-ESQ
April 23rd, 2008 at 11:08 am
Anyone have any opinions on QTWW ??
17bdog
April 23rd, 2008 at 11:11 am
QTWW not much downside there for u
18InvestorsLive(TIMBUCKS: $40)
April 23rd, 2008 at 11:17 am
PSTI now has a forward looking event - http://biz.yahoo.com/bw/080423/20080423005878.html meeting with Pres. Bush… Curious how it plays out
19Mike
April 23rd, 2008 at 11:18 am
Wow, EDEN today? I wonder if there are shares to short….
20Dan-O
April 23rd, 2008 at 11:22 am
Lebed is pumping PSTI… again
21Jibri
April 23rd, 2008 at 11:24 am
http://www.reuters.com/article.....7420080423
22Jibri
April 23rd, 2008 at 11:26 am
Jib, list the stock
23mitil
April 23rd, 2008 at 11:52 am
JRJC……is it a Pump & Dump?
24Ryan
April 23rd, 2008 at 12:03 pm
Is RJET a short candidate? And can RCRC break down its base?
25Matt(TIMBUCKS: $5)
April 23rd, 2008 at 12:32 pm
There are no antitrust rules in China as yet, so the name of the game is monopoly. Get as big as you can as fast as you can by any means you can come up with, and the first one over ~50% market share wins.
26Jibri
April 23rd, 2008 at 12:41 pm
Hey Matt what are you talking about?
Go Visa, go
27Short
April 23rd, 2008 at 12:42 pm
Just shorted Eden @ 2.35. Under 2.00 here we come! TOS has shares to short if you’re interested.
28argh
April 23rd, 2008 at 1:02 pm
Can’t find any shares of eden or psti on etrade….think i need to switch platforms
29timsykes
April 23rd, 2008 at 1:04 pm
tommy i linked to the damn PR and said now is not the time to short, can’t do much more than that.
ajf, yes the dvd explains how i find my stocks and allllll the variables i look at
i wouldnt short EDEN, risk-reward sux, all the initial sellers are gone
30vijai - moneyreallymatters.com
April 23rd, 2008 at 1:13 pm
Timmy, I remember you mentioned CSIQ which was going high not turning down. But Past few days lot of shorts.. any chances of you playing?!
31Dan-O
April 23rd, 2008 at 2:14 pm
F this I’m going to the beach.
32Matt(TIMBUCKS: $5)
April 23rd, 2008 at 3:30 pm
These guys are using their pump and dump profits to buy more pig farms instead of running away to Tahiti with their profits, so it sounds like they are after market share. Food is getting more expensive (AG stocks are hot) - cornering the market on pork fried rice? :)
33david
April 23rd, 2008 at 4:25 pm
what’s going on with ufpt? After some careful analysis I chose it as my first investment. It’s dropped more than 10% in the last 2 days!
34Jibri
April 23rd, 2008 at 8:22 pm
so beautiful
http://money.cnn.com/quote/quo.....p;time=1yr
35Jibri
April 23rd, 2008 at 8:22 pm
hey Tim, are you blocking my post?
36Jibri
April 23rd, 2008 at 8:26 pm
Any thoughts on IPI?
37timsykes
April 23rd, 2008 at 8:42 pm
why would i block your posts and why would i care about a stock like IPI?
38Jibri
April 23rd, 2008 at 8:45 pm
Its a new ipo, their the largest producer of potash in the US. Your thoughts.
39timsykes
April 23rd, 2008 at 9:00 pm
stop wasting my time with real companies, u have no edge whatsoever…ii could care less when some company says “largest”…only exception would be the “largest fraud” “largest pump and dump”
40Jibri
April 23rd, 2008 at 10:55 pm
Real companies, I’m trying to find the edge. IPI the new kid on the block, so don’t they fall in the category of pot and mos. I’m following your notes, but lead me here.