Archive for May, 2008

Free Stock Picks – May Report

By: ispeculatornew | Date posted: 05.04.2008 (9:02 pm)

SWC – Stillwater Mining Company (NYSE)
I forgot to update Stillwater Mining Company so here is my take on SWC. I still think the stock price of SWC is going to continue to decline. The stock price of SWC was trading in the ten dollar range before it had its huge run and I expect the stock price to go back to that range as platinum and palladium prices continue to correct. I would continue to hold your short position.

Disclaimer: I have no position in SWC.

Free Stock Picks – May Report

By: ispeculatornew | Date posted: 05.04.2008 (1:26 pm)

AIXG – Aixtron (NASDAQ)
Aixtron has announced a couple of new orders since my initial recommendation and the stock price is already up 11%. A dividend will most likely be approved at the shareholders meeting on May 14 and this should provide a boost to the stock price. Aixtron reported Q1 results last year on May 8 so they should report earnings pretty soon.

AMR – American Airlines (NYSE)
All airline stocks had a strong rally since my initial recommendation but they pulled back on Friday due to profit taking and a rise in oil prices. AMR was already close to my price target but I didn’t give a sell recommendation because I think oil is going to continue to go down short term. I think the dollar will continue to strengthen and the demand for oil is going to decrease. This should push down oil prices and help airline stocks.

CAAS – China Automotive (NASDAQ)
China Automotive reported decent results in March and the stock price initially went up but has sold off since. They are set to report Q1 results this month so I will provide an update then. (more…)

AMR Update

By: ispeculatornew | Date posted: 05.01.2008 (8:27 pm)

AMR – American Airlines (NYSE) – (Closing Price – $9.90) 

The entire airline industry has rallied just as I predicted and American Airlines is already close to my price target. However, I think airlines have more room to run and I wouldn’t recommend selling yet. Oil is still way overpriced and should continue to correct. Also, there may be more merger/alliance announcements released.

One of the reasons I was able to make such a great call on airline stocks is I like to keep track of the price of oil. However, for the past couple of years I have been disturbed by the obvious bias that is not disclosed in stories about the price of oil. If you read ten stories about the price of oil maybe one will mention the actual supply and demand of oil compared to normal levels. Most stories will have some obviously biased clown talking about potential supply disruptions, the falling dollar, or some other speculative nonsense. To make matters worse there is never a disclosure at the end of the article. If the clown who is being quoted has a position in oil futures then this should obviously be disclosed.

This also goes for any story about stocks in general. If there is no disclosure at the end of the story you should complain to the people who wrote it. If they don’t do anything about it stop reading their stories and go to a more honest source.

Disclaimer: I have no position in airline stocks or oil futures.