Do you have the $1 million goal?
I started stockdoubling with the goal of finding 1 stock a year to double. So after 3 years I would be at $4,000 after starting with just $500.
$500 doubled equals $1000 (Year 1)
$1000 doubled equals $2000 (Year 2)
$2000 doubled equals $4000 (Year 3)
Well I got to the Year 3 goal after just 14 months!
But do you have a goal in mind? Is yours to pay off your home or buy a home with the monies? Retire early so you can volunteer more of your time? Whatever it is. Have it written down so you can stay focused at the goal at hand rather than jump from stock to stock like I use to do.
Jumping from stock to stock is fine with some of your money but the goal with StockDoubling is to have a set amount that is invested and isn't touched. Just put in 1 stock and when the goal is hit move on to the next stock.
If you don't know where you are going you won't know if when you get there. If you don't have a goal in mind (on Paper) you won't know when you hit the target.
The goal doesn't have to be a massive #. If it just enough to pay off the bills than that is fine too. But if you don't have it written down life just has a way of changing what you want to more and more etc.. You will find ways to spend the $$$ and in 3-5 years you wish you had that money back investing.
So I suggest just starting with an amount that is small enough that you won't be forced to touch for your everyday expenses.
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HIHO has moved up ahead of their earnings release next week. (UP about .30 cents from my last purchase) Again I am looking for earnings between Tuesday-Thursday of next week. If the stock goes down based on earnings I think it will rebound nicely a week thereafter due to the dividend announcement that should probably be the first week of July. I am looking for $5+ stock.
ATSX which was our 4th pick for the stockdoubling project. Is around .20 and released their Q3 last week. Boy am I glad we are out of that stock. They keep issuing more and more stock now up to 40 million! (It was 19 million back in late Jan!) If we wouldn't have gotten out of that stock we would be waiting on it for YEARS! Ended up making 1/2 cent on it but lost about 2 months of our time. (But we were WAY AHEAD of schedule anyway.) I wouldn't touch that stock with a 10 foot pole at this point. LESSON LEARNED!
Have a great weekend.
Talk again on Monday.
Steve Hoven
alleycatnews@alleycatnews.net
Friday, June 22, 2007
Thursday, June 21, 2007
New StockBroker? Various News
Happy Thursday,
The Stock Video/ebook should available again either this weekend or early next week. The site is being redesigned etc...
Make sure if you ordered the videos that you get your stock pick to me so that I can do some research for you on it and give you my thoughts on it etc...
I wanted to mention another brokerage company for those of you who haven't been able to put the $500 together for a scottrade account.
I recommend using http://www.Scottrade.com
and if you use the code SVZP9077 when you sign up you will get 3
commission free trades. You will need $500 to deposit into
the account.
and if you use the code SVZP9077 when you sign up you will get 3
commission free trades. You will need $500 to deposit into
the account.
However if you can't swing the $500 at this time and would like to start lower I came across the following site the other day.
They have NO minimum deposit requirements. So you could deposit $100 if you wanted to and start trading with that. The
problem of course starting that low is the commissions will eat up your
profits. You will have make 10-15% just to break even from
the commissions etc.. So I don't think it is the
wisest way to go. I would say try and get $500 saved, either have a
garage sale or save $100 for 5 months or something but try and get to
that figure if you want to open an account.
problem of course starting that low is the commissions will eat up your
profits. You will have make 10-15% just to break even from
the commissions etc.. So I don't think it is the
wisest way to go. I would say try and get $500 saved, either have a
garage sale or save $100 for 5 months or something but try and get to
that figure if you want to open an account.
LowTrades.com also has many different fees etc.. That can charge you
BIG.
BIG.
As I said my first choice for you would be open a scottrade account with at least $500. But if their is just NO way you can raise that money
you could try LowTrades.com.
you could try LowTrades.com.
(I DO NOT HAVE ACCOUNT WITH LOWTRADES.COM and I don't plan to either at this time.)
Just wanted to pass the information on to those who may need it.
Here is an interesting video you may want to watch.....
The move has started with little or no fanfare, and almost zero media
attention.
This is how the big moves start, they are usually off the radar screens
of most traders and media pundits.
It is only when the move is almost over do you begin to see exhaustive
coverage and market projections on all media outlets. Then it is too
late.
This move, in this market will potentially create major problems for the
world equity markets.
click here for the video
Have a great Thursday
Steve Hoven
alleycatnews@alleycatnews.net
attention.
This is how the big moves start, they are usually off the radar screens
of most traders and media pundits.
It is only when the move is almost over do you begin to see exhaustive
coverage and market projections on all media outlets. Then it is too
late.
This move, in this market will potentially create major problems for the
world equity markets.
click here for the video
Have a great Thursday
Steve Hoven
alleycatnews@alleycatnews.net
Wednesday, June 20, 2007
Blog Updated Every Weekday
Happy Wednesday,
I wanted to let you know that from now on EVERY WEEKDAY this blog will be updated with something new.
From an article about stocks, to updates on the stocks I own or am watching and other information.
Each day you will get an update even if the stocks I own are slow. I will have an update on my thoughts on picking stocks etc...
So you can come back each and every day and know that this blog will be updated. (Mon-Friday)
So put the blog in your favorites or sign up for the blog to be emailed to you each day (on the left)
So no more checking the blog to see if their is anything new and come to find out that nothing has been posted in a week.
I currently own 3 stocks......
1. DFNS (Defense Industries) Which is the ONLY one I own for the StockDoubling.com project. (I also own some additional shares in my IRA of DFNS.) I picked the stock for the project when it was trading at .50. Currently it is .60 or up 20% in a little over 2 months. (Not too bad, some people would kill for 20% in a year!)
The stock has been slow bouncing between .55-.63 for a little while now. I don't see any movement coming until the company announces Q2 earnings on August 15th or announces some new orders. I would LOVE to see some new orders! If they announce some big new orders we could go to the .70's and with a good Q2 could approach $1. We will see.
2. CAGC (China Agritech) I own this stock in my IRA. Company is making money and should grow earnings and revenue a good deal. They project about .47 EPS for this year and at a 10x PE that is $4.70 stock. At 15x P/E that is a $7 stock. I can foresee some good growth in this company for a few years ahead. Not a lot of downside and Q2 is historically their biggest Q of the year. (Which will come out August 15th) Usually the only news you get from them is the Quarterly reports.
3. HIHO (Highway Holdings) I picked up some shares of this last week for my IRA. They will be coming out with their 10K report by the end of June. They could do .35-.40 for the year in EPS. They are expanding and I can see good growth from them of 30%+ for the next few years. They have a book value of about $3.50 so not a lot of downside. They also have a good amount of cash and pay a dividend. It will depend on how the 10K news is taken on whether the stock goes up or down after the release. If it goes down (but the report is decent) I think it would be a great time to buy as historically they have announced their dividend about a week after they release the June #'s. So it should pop up based on that news. So I am looking for a earnings release next week Tue-Thur and a dividend news release about a week after that. If the #'s are good I think it could run to $5+. Which would be about a 16% from where I bought it last week.
Let me know what else you would like to see on this blog to help you with your stock trading.
On our way to $1,000,000????
Have a great day
Steve Hoven
alleycatnews@alleycatnews.net
I wanted to let you know that from now on EVERY WEEKDAY this blog will be updated with something new.
From an article about stocks, to updates on the stocks I own or am watching and other information.
Each day you will get an update even if the stocks I own are slow. I will have an update on my thoughts on picking stocks etc...
So you can come back each and every day and know that this blog will be updated. (Mon-Friday)
So put the blog in your favorites or sign up for the blog to be emailed to you each day (on the left)
So no more checking the blog to see if their is anything new and come to find out that nothing has been posted in a week.
I currently own 3 stocks......
1. DFNS (Defense Industries) Which is the ONLY one I own for the StockDoubling.com project. (I also own some additional shares in my IRA of DFNS.) I picked the stock for the project when it was trading at .50. Currently it is .60 or up 20% in a little over 2 months. (Not too bad, some people would kill for 20% in a year!)
The stock has been slow bouncing between .55-.63 for a little while now. I don't see any movement coming until the company announces Q2 earnings on August 15th or announces some new orders. I would LOVE to see some new orders! If they announce some big new orders we could go to the .70's and with a good Q2 could approach $1. We will see.
2. CAGC (China Agritech) I own this stock in my IRA. Company is making money and should grow earnings and revenue a good deal. They project about .47 EPS for this year and at a 10x PE that is $4.70 stock. At 15x P/E that is a $7 stock. I can foresee some good growth in this company for a few years ahead. Not a lot of downside and Q2 is historically their biggest Q of the year. (Which will come out August 15th) Usually the only news you get from them is the Quarterly reports.
3. HIHO (Highway Holdings) I picked up some shares of this last week for my IRA. They will be coming out with their 10K report by the end of June. They could do .35-.40 for the year in EPS. They are expanding and I can see good growth from them of 30%+ for the next few years. They have a book value of about $3.50 so not a lot of downside. They also have a good amount of cash and pay a dividend. It will depend on how the 10K news is taken on whether the stock goes up or down after the release. If it goes down (but the report is decent) I think it would be a great time to buy as historically they have announced their dividend about a week after they release the June #'s. So it should pop up based on that news. So I am looking for a earnings release next week Tue-Thur and a dividend news release about a week after that. If the #'s are good I think it could run to $5+. Which would be about a 16% from where I bought it last week.
Let me know what else you would like to see on this blog to help you with your stock trading.
On our way to $1,000,000????
Have a great day
Steve Hoven
alleycatnews@alleycatnews.net
Tuesday, June 12, 2007
On Vacation this week
I am on vacation this week so you won't hear much as far as updates on the stocks etc..
The stock ebook should be available again sometime late next week but will have a higher price on it. I thank all of you whom have reviewed the material and given your thoughts on it. It has helped me guide on any changes etc..
As far as DFNS goes the end of the month means the end of the 2nd quarter for DFNS. So hopefully they have a great Q2. It will then be 45 days before the announcement on Q2 so at this time all we can do is just wait.
The price has dipped back down to the .57 level again which seems to be magnet for the stock lately. I don't see a great deal of movement either way until we get some news on new orders or Q2 release.
If you have money laying around and want it laying around for the next 2 months now might be a decent time to get DFNS. I don't see a lot of downside in the stock at this point unless the revenue dries up or something not yet released. Based on all the information out there I think the downside is .10-.15 and the upside is .40-.50. So anywhere from 3 to 1 to 5 to 1 risk/reward ratio. Anything can happen of course. But I don't see a lot of downside based on the current releases.
Have a great week.
Steve Hoven
alleycatnews@alleycatnews.net
The stock ebook should be available again sometime late next week but will have a higher price on it. I thank all of you whom have reviewed the material and given your thoughts on it. It has helped me guide on any changes etc..
As far as DFNS goes the end of the month means the end of the 2nd quarter for DFNS. So hopefully they have a great Q2. It will then be 45 days before the announcement on Q2 so at this time all we can do is just wait.
The price has dipped back down to the .57 level again which seems to be magnet for the stock lately. I don't see a great deal of movement either way until we get some news on new orders or Q2 release.
If you have money laying around and want it laying around for the next 2 months now might be a decent time to get DFNS. I don't see a lot of downside in the stock at this point unless the revenue dries up or something not yet released. Based on all the information out there I think the downside is .10-.15 and the upside is .40-.50. So anywhere from 3 to 1 to 5 to 1 risk/reward ratio. Anything can happen of course. But I don't see a lot of downside based on the current releases.
Have a great week.
Steve Hoven
alleycatnews@alleycatnews.net
Thursday, June 7, 2007
86% of picks up at least 70%?
The Bid/ask on DFNS has moved to .60-.62 as of this morning. (Which isn't always the best indication since the markets are still closed as of this writing.)
Their has been a good deal of volume over the last couple weeks in the .55-.57 range though so maybe a lot of the free flowing shares were eaten up at those levels and now its time to trade in the lower .60's.
Today is the LAST DAY to get the Stock Videos at the discounted price and bonuses.
Here are just some examples of the "other stocks" that I have picked since started the StockDoubling.com project.
Oct 31st 2005 "Other Stock" XING less than $6 hit a high of almost $20
May 24th 2006 "Other Stock" TBSI less than $6 hit a high of $24+
Oct 16th 2006 "Other Stock" TORM $1.86 hit a high of almost $3.50
April 9th 2007 "Other Stock" TSSW .76 hit a high of $1.85
Those are just SOME of the examples of the "other stocks" that I gave when I pick my main stock for stockdoubling. The point of that is to show you that its not just 1 "LUCKY" trade I have been picking each stock etc..
Actually of the all the stocks I have picked (the main pick for stockdoubling.com and the "other stocks") that have had at least 6 months of trading, 86% of them have gone up at least 70% since I covered them. 13 of the 15 stocks have gone up at least 70%! Only 2 stocks have gone down!
(You can find all that information in the ebook at www.StockDoubling.net/ebook)
The point is that the information I use to pick stocks has worked quite well over the last 19 months. Not only for the stocks I have entered myself but for the "Other Stocks" the stocks that were in the running to be my top pick.
And I gather the information from the same sources that I have put in the Stock Video ebook. Which is found at www.BeforeItMoves.com
So be sure to check out the www.BeforeItMoves.com site today because tomorrow will be too late.
Have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
Their has been a good deal of volume over the last couple weeks in the .55-.57 range though so maybe a lot of the free flowing shares were eaten up at those levels and now its time to trade in the lower .60's.
Today is the LAST DAY to get the Stock Videos at the discounted price and bonuses.
Here are just some examples of the "other stocks" that I have picked since started the StockDoubling.com project.
Oct 31st 2005 "Other Stock" XING less than $6 hit a high of almost $20
May 24th 2006 "Other Stock" TBSI less than $6 hit a high of $24+
Oct 16th 2006 "Other Stock" TORM $1.86 hit a high of almost $3.50
April 9th 2007 "Other Stock" TSSW .76 hit a high of $1.85
Those are just SOME of the examples of the "other stocks" that I gave when I pick my main stock for stockdoubling. The point of that is to show you that its not just 1 "LUCKY" trade I have been picking each stock etc..
Actually of the all the stocks I have picked (the main pick for stockdoubling.com and the "other stocks") that have had at least 6 months of trading, 86% of them have gone up at least 70% since I covered them. 13 of the 15 stocks have gone up at least 70%! Only 2 stocks have gone down!
(You can find all that information in the ebook at www.StockDoubling.net/ebook)
The point is that the information I use to pick stocks has worked quite well over the last 19 months. Not only for the stocks I have entered myself but for the "Other Stocks" the stocks that were in the running to be my top pick.
And I gather the information from the same sources that I have put in the Stock Video ebook. Which is found at www.BeforeItMoves.com
So be sure to check out the www.BeforeItMoves.com site today because tomorrow will be too late.
Have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
Tuesday, June 5, 2007
DFNS estimates?
Assuming DFNS blows thru the backlog this fiscal year. That would mean $7.5 million in revenue. And if they blow thru their inventory of $4.1 million that is a total of $11.6 million in revenue.
Add that to the 3.9 million Q1. And add roughly $3 million in local civilian sales ($1 million per quarter)that is a total revenue of $18.5 million in revenue for 2007.
That of course is not including any additional contracts they receive. I would say any contract that is announced prior to labor day (early Sept) has a chance to effect this fiscal year.
At $18.5 million in revenue that is roughly a 75-80% increase over last year. I would also think we could see .08-.10 EPS based on those #'s.
Though I don't see any movement in the stock unless we see more contract news releases. Otherwise mid August we should see the news. 1 profitable quarter doesn't make a trend but I think we are in the right spot.
Remember Thursday June 7th is the LAST DAY to get the Video/ebook about how I pick my stocks at the discounted price. You also receive the bonus.
http://www.BeforeItMoves.com is where to go. That page isn't anything fancy but the information you will find in the videos is very well worth it.
Let me know if you have any questions.
Thank you
Steve Hoven
alleycatnews@alleycatnews.net
Add that to the 3.9 million Q1. And add roughly $3 million in local civilian sales ($1 million per quarter)that is a total revenue of $18.5 million in revenue for 2007.
That of course is not including any additional contracts they receive. I would say any contract that is announced prior to labor day (early Sept) has a chance to effect this fiscal year.
At $18.5 million in revenue that is roughly a 75-80% increase over last year. I would also think we could see .08-.10 EPS based on those #'s.
Though I don't see any movement in the stock unless we see more contract news releases. Otherwise mid August we should see the news. 1 profitable quarter doesn't make a trend but I think we are in the right spot.
Remember Thursday June 7th is the LAST DAY to get the Video/ebook about how I pick my stocks at the discounted price. You also receive the bonus.
http://www.BeforeItMoves.com is where to go. That page isn't anything fancy but the information you will find in the videos is very well worth it.
Let me know if you have any questions.
Thank you
Steve Hoven
alleycatnews@alleycatnews.net
Friday, June 1, 2007
June 1st 2007
Their are 13 videos in the video/ebook at www.BeforeItMoves.com
The videos show you EXACTLY what I do when looking for my own stocks to buy. And as a bonus I will do FREE research on a stock for you giving you my thoughts on that stock based on research etc.. (Normally sells for $25 by itself thru www.StockDoubling.INFO )
You won't need to be spending all your time researching stocks. Just take a few hours on a weekend or some evening after work when you are looking for a stock and follow the steps in the videos.
All my stocks have given me my goal within 4 months. (My orginal goal is 1 year) Plus if you look at the results from the "other stocks" over 80% of those stocks have gone up 70% as well.
Even if you don't have the time now to look for stocks yourself. This is good material to have in your collection to reference in the future.
And at $29 + the bonus its like paying $4 for the video ebooks.
Remember after next Thursday June 7th I remove the video ebook from the market for a week+ and will be raising the price.
www.beforeitmoves.com
As far as the 2 stocks I own.....
DFNS is holding steady in the mid .50 range. Still up 10%+ from orginal purchase. And I am still looking for $1 per share within the next 10 months or so. (I think it could happen after the next earnings release on August 15th if it is as good as I think it could be.)
CAGC is in the mid $3's. Up from the orginal call of $2.90. It is a safe stock but boring. Should have a MASSIVE Q2 (August 15th) could get to $4 before that news I would look for $4.50-$5 after that news.
Have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
The videos show you EXACTLY what I do when looking for my own stocks to buy. And as a bonus I will do FREE research on a stock for you giving you my thoughts on that stock based on research etc.. (Normally sells for $25 by itself thru www.StockDoubling.INFO )
You won't need to be spending all your time researching stocks. Just take a few hours on a weekend or some evening after work when you are looking for a stock and follow the steps in the videos.
All my stocks have given me my goal within 4 months. (My orginal goal is 1 year) Plus if you look at the results from the "other stocks" over 80% of those stocks have gone up 70% as well.
Even if you don't have the time now to look for stocks yourself. This is good material to have in your collection to reference in the future.
And at $29 + the bonus its like paying $4 for the video ebooks.
Remember after next Thursday June 7th I remove the video ebook from the market for a week+ and will be raising the price.
www.beforeitmoves.com
As far as the 2 stocks I own.....
DFNS is holding steady in the mid .50 range. Still up 10%+ from orginal purchase. And I am still looking for $1 per share within the next 10 months or so. (I think it could happen after the next earnings release on August 15th if it is as good as I think it could be.)
CAGC is in the mid $3's. Up from the orginal call of $2.90. It is a safe stock but boring. Should have a MASSIVE Q2 (August 15th) could get to $4 before that news I would look for $4.50-$5 after that news.
Have a great weekend.
Steve Hoven
alleycatnews@alleycatnews.net
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