The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Friday, September 02, 2005

Great Time to Load up on COAL!

Every coal stock, and I mean EVERY Coal stock was down today. For those who haven't bought yet, this is your chance. To those who already bought, you still could have bought more at a cheaper price. Today was a lazy market day in anticipation of the Long Weekend. I got my Real # 1 Stock pick, which I can't wait to post and some other favs that look ready to shoot up. I also want you to keep Sterling Construction (STV) on radar. After this whole mess with Hurricane Katrina, I expect STV's share price to retreat a little due to profit taking. This will create a good opportunity to buy a great stock! Also, I have a short suggestion. Its Building Materials (BMHC). This one is very long over due for a correction so keep your eyes on it. When it looks like it has lost its steam and has no more rocket fuel...or has hit hard resistance, short it!

1 Comments:

At 9:32 PM , Blogger Nick M. said...

Don't forget about FDG, guys. Today was the last day to "sign up" and get some shares before the stock split. On September 6th, the stock will issue 3 for 1 stock split. Holders of the stock will recieve 2 shares for every one they own.

 

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