How about the little children?

Kendricks,

Have you checked SGDE lately?

That was an excellent call by you.

Yes, SGDE was another one that I should have stayed with longer, instead of taking a quick profit. Oh well.

With respect to the little children, I'm not sure why I should care. What have they ever done for me?

You are really very funny. I don't care what the SURE board says about you!!!!

I have been trying to sneak back into FONR at $1.60 for 5,000 shares. I have had day orders in for "all or none" the past two days and can not get a fill.

Ldvee 9100

Ben picks 9150

T_Bone Dow 9234

Kendricks I take 9299.

-----------------
9234 - 9191 = 43 T_Boner
9191 - 9150 = 41 Benosaurus
----------------

Benosaurus wins by a RCH (red cunt hair, it's a scientific term)

------------------
9203 for Ldvee - I made a rhyme in no time!
--------------------

hey, I'm going with hair pie to las playas manana en la tarde around sunset - how romantic. Want to dine on some raw oysters before and after the bearded clam on a half shell.

recommendations??

funky street stands preferred

Got the insurance payoff today. Nice to have $15K floating around.

Kendricks, do you want to do some SURE bashing this weekend? You put a lot of energy into it last week.

I'm convinced gengcpatton is on the SURE payroll and the recommendations his posts get are mostly from SURE employees. Take him on.

Conference call Tuesday unless they delay it again.

Tuesday or Wednesday will be the time to buy in.

Stay away from the carts for oysters unless you are Mexican.

Advice from Sugar Pie, who loves the raw oysters at Los Arcos restaurant.

Ben picks 9300

This former economist will weigh in on one item - look for long term rates to continue to go higher over the next few weeks, and this includes mortgage rates. Until the dollar-yuan issue is resolved, there is some danger that the Chinese will attempt a little retaliation by refusing to purchase US T-notes and Fannie Mae/Freddie Mac bonds. With the big daily trade imbalance I assume they'll try some triangular method of handling the receipts. Not sure who, no real direct investment yet by the Chinese. Not sure what they would do in that case. The end result, however, will be slightly lower bond prices and higher rates. Yields will continue to go to shit.

Catowhoprefersmicroeconomicsinsteadofmacro

I disagree with the Chinese threat of retaliation being true. I don't think they have much choice but to continue(like the rest fo the world), but to buy U.S. Government securities in order to run their businesses.

Sorry I wasn't around the last few days to do any SURE bashing.

I take 9355 next week.

GO FONR!

Kendricks-I take 9355 next week.

Ben picks 9300

9203 for Ldvee

How low will it go? Maybe they are going to restate "negative earnings" for previous quarters when Andersen et al were the accountants.
---------------------------------

SAN DIEGO, Calif., Aug. 12 /PRNewswire-FirstCall/ -- SureBeam Corporation (Nasdaq: SURE - News) announced today that it is further delaying the release of its second quarter earnings from its planned release date of August 12, 2003. The Company plans to file a Form 12b-25 with the Securities and Exchange Commission in connection with the Company's Form 10-Q for the second quarter of 2003 and the announcement of the Company's results for the second quarter of 2003 will be delayed until after the Company's Form 10-Q for the second quarter has been filed.
Deloitte & Touche LLP ("Deloitte & Touche") has not completed its reviews of the Company's financial statements. In particular, Deloitte & Touche has not completed its analysis on the accounting for specific contracts in prior years and the Company's accounting treatment used for its contracts.

Wow, SURE is really taking it in the ass. I've never heard of Toilet & Douche LLP - is this type of thing SOP for these guys?

I saw a funny post on the POS board last night (the stock with the ticker symbol POS, I'm not talking about SURE). Competition for the worst stock symbol: POS, CUM, IDIC, BJ, BJS

FONR is going to be a SURE, I mean more than likely a good investment. I bought some this morning at $1.89 a share.

just keeping the thread alive

kendricks, your simple logic, 1 sure for 1 fonr appealed to that jhmaction character the other day

the sure bulls are starting to post how much they've lost, and I thought I got suckered

clearly something is amiss with this company and I'm anxious to hear the story

the guy in charge now is a retired andersen auditor who specialized in the food industry when he was working. I bet he has a "clear the decks" attitude, get the shit out and take it from there. it will be interesting listening to him.

i'm going to listen carefully to what he has to say in the next cc, talk to friends in the know, and just maybe buy in after the shit hits the fan

on another note, possibly a late night AB run tonight, work tomorrow will be a bitch tho, we'll see. there's a literally insane late night ho there that gives outrageous bbbjs that i'm fond of. I've never bothered to ask her name.

Ldvee, jhmaction's announcement was a surprise for me. I do think that FONR is a great investment, though, and the more I look at it and learn about it, the more I like it.

Here's a nice link: http://www.dickdavis.com/sotd.shtml

“ Fonar Corporation (FONR 1.62 NASDAQ SC) introduced the world's first commercial MRI (Magnetic Resonance Imaging) whole-body scanner in 1980. Since then, it has developed several generations of open MRIs and has maintained a leadership position in the development of MRI technology. The company's leading product is its .06 Tesla Stand-Up(tm) MRI. The Stand-Up MRI is the world's only whole-body MRI scanner with the ability to perform Positional Imaging(tm), i.e. patients may be scanned standing, sitting, bending or lying down. Because of its unique ability to scan patients in weight-bearing postures, the Stand-Up identifies pathologies that may go undetected on conventional MRI scanners. Fonar also offers the Fonar 360(tm), a no-post 0.6 Tesla open MRI which, in its future 'interventional 360' configuration, can serve as a MRI Operating Room for MRI-guided interventions. Between June 9 and July 21, a period of six weeks, Fonar sold 12 units worth approximately $18 million. After the first year, the company will receive $1.2 million annually for service contracts on those 12 units. With 52 sales and 48 pending sales (worth over $150 million in revenue) things are certainly looking up for Fonar. (By the way 50 Stand-up sales equate to over $75 million in revenue!) We just learned that Yale University received its Certificate of Need to purchase a Stand-Up; and that will be a very prestigious sale. Fonar has a great story; the company just needs to get it out to Wall Street. We are glad to see that Fonar has included its stock symbol in their commercials. That change could be responsible for some of the recent increase in price and trading volume.” Bill Mathews.

I just put in an order to buy 10,000 shares of FONR at $1.80.

So far August has not been good for me, but I believe the market will do well over the next 12 months.

I sold my last closed end bond fund yesterday as bonds have been getting killed and with CA bond rating so bad most bonds and bond funds are at 12 month lows. I think they will continue to get beat up. I had a great three year run in the bond market but now I am in Money Markets and equities.

Any suggestions other than FONR and SURE for my cash?

oh my aching head

Ben, try DORA, I invested in her last night, older, huge boobs, lots of fun, met my specs to a tee. Good return on my money.

Do you guys know any other "stocks" like DORA. Perhaps for daytime trading. Late night runs are hard on ole Ldvee. Home at 4 AM.

It's gonna be a looooong day.

ps, she's traded on the AB exchange, that's my preference

Thanks for the advice Ldvee, but not my cup of tea.

I prefer newer smaller companies. Companies where their stock trades at a low volume.

yeah, but I need some more picks. Eventho you prefer start-ups you must know some seasoned companies with large assets for day time trading. I'm just more comfortable with blue chips, high volume is a down tick but life is a compromise anyway.

jeez I'm still caliente, insatiable I guess

Here are three stocks with no debt that were reccomended by Jim Norris on CNBC today:

TNC which he thinks has a value of $60

BLI which he thinks is worth $25

MYK which he values at $18

Jim Norris manages the C&B MID CAP FUND

The fund is up 19% this year and its worst year was 2002 where it was down (9.5)%. Its best year was 2000 when it was up 41%.

http://biz.yahoo.com/p/mp/c/cbmdx.html

A very impressive track record for a value style investor.



Inspite of being bracketed by you two, my 9300 is looking pretty good.

I just added another couple thousand shares of FONR. I am still long MWY, FCGI, ALT, CRNT, MSSN, and HQNT.

I think that all of these represent excellent risk/reward at this point, with FONR by far being the best.

I'm also long NVDM, and have some ISSX that I wrote calls against.

Thirteen stocks up and four down today. It could be a good day.

More importantly I am winning the weekly DOW picks.

Let's hope tomorrow things don't suck with that damn nuclear plant power outage(planned by terrorists). Thank goodness my dough is not in stocks now. God help you guys.

-DJ

I need all the help I can get as my four holdings
DELL, CSCO, SUNW and NXTL have tanked quite a bit in the last two weeks and really tanked since the beginning of July.

I guess I need to learn mid caps and make money like you guys.

Have you taken a look at FONR, Max?

Max,

My opinion is that NXTL and CSCO are keepers for the long term with NXTL showing very impressive stock appreciation over the past year.

The problem with Dell is that there is not much profit in selling computers, even if you have the largest portion of the market. In addition HPQ is going to continue to compete for market share in this low margin business.

Sun Micro is a sad story and has a tough road ahead as (it seems to me) the demand for servers has dropped dramatically over the past couple of years.

Also perhaps you might consider some diversification or even get out of individual stocks and look for a good mutual fund.

I mentioned a fund the other day "C&B MID CAP FUND"

http://biz.yahoo.com/p/mp/c/cbmdx.html

which is a mid-cap value fund that is five star rated by Morning Star and is up 19% this year.

These are just my thoughts and I did no research on the opinions I gave on the above-mentioned investments. Investments of this type or very risky and you could lose all or part of your money.

Good luck

Dick Johnson

Well it doesn't look like the suspicious power outage is affecting the markets. The resiliency
of the US stock markets is truely impressive. I'm glad I've recently put all my money in equities. Very impressive when you look back at the turmoil starting with 9/11 and the market's performance. I'm betting that I'll double my money over the next 10 years or so.

Triple would be more like it from this point.

Of course if you continue to select Eastman Kodak and SURE I am guessing you will have maybe 20% of what you have today.

GO FONAR!

If FONR goes to $50 I am going to retire. If it goes to $1.00 I am putting out a contract on Kendricks

FONR at $50.... Damn, I just creamed my pants.

Don't cream to hard as I will probably be really old and wearing Depends by the time this stock hits $5.00

Jesus Christ, Ben, did you have to make it so easy? That was such a lob, even I would feel guilty for exploiting THAT one....

I try to help make everyone a comedian. Even that bastard Catocony.

BEN WINS AGAIN!!!!!!!!!!!!!!!

Ldvee,
Things are good. If I thought it was going to be 911 I wouldnt crack jokes like that.
-DJ

Kendricks/Ben,

Thanks for the tips and info.

I will look into “favored son” FONR

I was watching CNBC Friday, like I do every day, and the CEO of CPST came on to talk to Maria B. on how his company was working to solve the power crisis. I said to myself sounds pretty good, I bet this stock gets some more play. It was already up over 22% for the day like PWR and several other power solving stocks on Friday.
I thought about a purchase in the After hours and sure enough in less than five minutes it went from $1.94 to 2.21. About 14% more in ten minutes.


For mathmetically challenged lurkers, that would be a gain of $1,400 on a $10,000 investment in a matter of ten minutes.

Damn, I really need to learn how to be a day trader (and pull the trigger) as I see this happen often. Also having the balls to short momentum stocks like this can also bring huge quick profits.

This is just fuckin typical.

I have 16 stocks up and one down today.

Dow 9200 this week for Ben

I take 9278. Have a little patience, every day can't be an up day for FONR. Look at its chart, it is doing wonderfully.

MWY, MSSN, and ALT are also great buys here, in my opinion. Do your own DD.

Max, momentum stocks are a very interesting topic. You can really make or lose money in a hurry playing them. In my experience, momentum plays are just gambling, but that could just be because I never figured out a good formula for them.

I prefer looking for stocks selling for great value near their lows, which I have reason to believe will turn around. Lots of cash, no debt, and future earnings potential or reason to beleive a turnaround is in the works is my basic formula.

How do you decide when to short momentum stocks? I've never shorted a stock, but am always willing to learn something new.

Dow 9350

Ben,

16 stocks up and one down? That's great you should be flying your pies to Europe.

I'm just happy with my small 3.25% portfolio gain on my six stocks.

I used to own 16+ stocks until I margined out my fortune in the tech crash of 2000. I kept buying SUNW, CSCO etc on margin all the way from 30 down to 14.

I also refused to sell and take huge profits on other stocks finally selling at losses after margin calls
I was always taught to buy and hold.
Very dumb strategy in today's up and down markets.

Which brings me to

Kendricks,

Kendricks,

The Stock Market is clearly legalized gambling as I learned the hard way from 1999-2001. Making and losing a fortune in a matter of months.

I wish I could give you advice about shorting but I just realized that this is the only way I'll ever get my money back so I just started doing this.

Shorting momentum stocks is HIGH RISK gambling.
I have just noticed some trends that every time stocks with no fundamentals and little or no earnings shoot up in a day or weeks, they almost always tumble down after the hype and news subsides.

Example
all the airport security stocks after 911
and the power stocks, CPST, PWR, FCEL after last week's blackout.

Other news hyped recent stocks SIRI.

All of these stocks shot up on news then came back down 10, 20 % or more.

sorry, posting problems, continuing...

It is really tough to determine when they will fall so you need sufficient margin in case they rise another day or two after you short.

However personally with these stocks if you guess wrong you better just take your loss and go and don't try to hang in there as I did with once stalwart SUNW.

Best time to short is right after everybody jumps in after a hyped news story on CNBC.
Such as CPST on Friday after hours up to $2.21 after CNBC coverage, back down to 1.84 today after analysts reminded people that none of these power stocks have earnings.

I really don't like shorting as it is similar to betting against the table (Don't Come line in VEGAS) but this is where HEdge fund managers make a killing.

You absolutely have to have level two qoutes going so you can see all the bids and asks lining up which gives you an idea of the momentary direction of the stock.

Wishing for another up day for tech stocks,
Maximus743

37 up and 8 down for me. The bank and energy stocks and a couple of others, including Kellogg were in the red yesterday. Cmon guys, eat your Wheaties!!

EK has been sold.

Looks like XLNX did the best yesterday.

Largest positions percentage wise (about 2.5%) are GP and JPM

9450

actually INTC was my best performer yesterday

Also, 23% of the port is in mutuals, not included in the above tally, and a TRP small cap value fund is up 13% ytd.

Fine with me.

Max, thanks for your insight. I have no problem betting the Don't Pass on a craps table (I fucking LOVE betting Don't Pass, actually...) but the idea of shorting momentum stocks doesn't sound like something I would be comfortable with at this point.

I agree that stock trading is gambling - we were discussing analogies between poker and trading in here not long ago. My theory of trading, though, is to look for very low priced, undervalued stocks that have lots of cash and no debt, and are selling near their lows, and that has an improving fundamental situation, or that I have reason to believe will have an improved fundamental situation in the near term future.

I understand your idea of shorting momentum stocks, and think it has merit - on the other hand, if irrational exhuberance grabs ahold of the stock again, being short could be a little dangerous (as you are obviously well aware).

I am always interested in new ideas, though, and would love to see you post some good shorting candidates as they occur in real time.

Some more good Fonar news from http://biz.yahoo.com/bw/030819/192000_1.html :

FONAR Sells 56th Stand-Up MRI, 3rd To Micro Surgeon
Tuesday August 19, 3:15 am ET
Customer Sees Enormous Potential of Stand-Up MRI to Dominate the Field of MRI

MELVILLE, N.Y.--(BUSINESS WIRE)--Aug. 19, 2003--FONAR Corporation (Nasdaq:FONR - News), The MRI Specialist(TM), announced today the sale of its 56th Stand-Up(TM) MRI to Dr. Rahul Nath, M.D., a reconstructive microsurgeon. This is Dr. Nath's third purchase of the FONAR Stand-Up(TM) MRI, FONAR's whole-body Upright(TM) imaging system. The three scanners, all ordered within a 60 day period, will be installed in the same Southwestern city.

Dr. Nath's description of a recent visit he made to FONAR headquarters in Melville, New York helps explain why he is an enthusiastic advocate of the Stand-Up(TM) MRI: "I wanted to be sure that the image quality and diagnostic capabilities of the Stand-Up(TM) MRI meet the highest standards. I invited two highly respected and very demanding physicians to accompany me to FONAR. One is a neurologist who specializes in movement disorders and the other a board-certified neuroradiologist. Both of them were extremely positive about the Stand-Up(TM) MRI. They were particularly pleased with its resolution in brain images and were also very excited about the Stand-Up(TM)'s brain angiograms."

"My decision to order three Stand-Up(TM) MRIs in less than 60 days," continued Dr. Nath, "is based on the product's enormous potential to dominate the field of MRI. In my opinion, Position(TM) MRI is the future of the industry. The Stand-Up(TM) MRI is revolutionary technology, and I am very excited to be involved with it early on. If anyone is thinking seriously about Position(TM) MRI, now is the best time to get on board."

"I have also been most pleased with all aspects of my interaction with FONAR," concluded Dr. Nath. "They have been helpful and more than accommodating in all aspects of the planning and execution of my projects. Dr. Damadian has been honest, open and very involved with us on a personal level. I look forward to many more projects with FONAR."

The Stand-Up(TM) MRI is the world's only whole-body MRI scanner with the ability to perform Position(TM) Imaging (pMRI(TM)), i.e. patients can be scanned standing, sitting, bending or lying down. With its unique ability to scan patients in weight-bearing postures, the FONAR Stand-Up(TM) MRI has identified pathology that had gone undetected on conventional, lie-down MRI scanners.

Because of its unique geometric design, the FONAR Stand-Up(TM) MRI is remarkably spacious and non-claustrophobic. There is nothing in front of the patients' faces or over their heads to create a "closed-in" feeling. Patients typically sit comfortably watching a 42-inch TV throughout the scanning procedure.

MRI Specialist, Stand-Up, Upright, Position and pMRI are trademarks of FONAR Corporation.

Be sure to visit FONAR's Web site for Company product and investor information: www.fonar.com.

This release may include forward-looking statements from the company that may or may not materialize. Additional information on factors that could potentially affect the company's financial results may be found in the company's filings with the Securities and Exchange Commission.