A trading message from Gates

Quote from Mr. Gates:

Yes, I'm sorry, I should have elaborated.

These commodity stocks have had incredible price appreciation. I believe their bubble is on the threshold of bursting.

We already got a small burst in the coal bubble, my belief is that fertilizers are next.

And yes, i'm looking to short these over-priced stocks.
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you have no clue what you are talking about. i do not remember time when oil stocks were as cheap as they are nowadays judged by either P/E, FCF or whatever other metric. and they still are among few that denied the market direction in the past year - therefore performed well relative to other stocks.
 
Although the coal sector took a substantial hit last week, the fundamentals behind the coal industry remain intact... i.e. heavily increasing demand... potential as a alternative energy source as oil hits all-tiem highs...etc.

http://www.smartmoney.com/stock-screen/index.cfm?story=20080702-opportunity-in-coal-stocks&afl=yahoo


IMO I believe this is a great time to LONG coal; my favorites being ACI, PCX, and JRCC. I definitely don't consider this a 'weakening' industry.

MOS also looks to be channeling north, and as long as it doesn't break out of the bottom, could be a profitable venture @ around $140...
 
Quote from Mr. Gates:

oil stocks: apa, dvn, clr, eog
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This is the universe I described. clr made an all time high yesterday. The stocks I follow have high relative strength--please check. Thank you.
Quote from dhpar:

you have no clue what you are talking about. i do not remember time when oil stocks were as cheap as they are nowadays judged by either P/E, FCF or whatever other metric. and they still are among few that denied the market direction in the past year
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u r wasting my time - your original post was not about specific stocks at all. fortunately you have an easy name to remember...
 
This thread has a strange odor, could it be remmnant from Rowswanz? Any way good luck Mr. Gates, here is hoping that you do better than Rowswanz. Have you ever heard of that guy? :D


Rennick out:cool:
 
Quote from JOEY O:

IMO I believe this is a great time to LONG coal; my favorites being ACI, PCX, and JRCC. I definitely don't consider this a 'weakening' industry.

MOS also looks to be channeling north, and as long as it doesn't break out of the bottom, could be a profitable venture @ around $140...
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mos I disagree, current price short $139.75
Coal, strong stocks agreed, jrcc @46.75, pcx @132.5
 
Quote from dhpar:

u r wasting my time - your original post was not about specific stocks at all. fortunately you have an easy name to remember...
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You are correct. My first post wasn't as specific as further posts in this thread. I'm sorry.
 
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