Saturday, June 5, 2010

An old favorite that we still like.... Clean Energy (CLNE)

On our October 16, 2008 post we first introduced you to a speculative play by the name of Clean Energy, CLNE. At the time, it was T. Boone Picken's newest venture. The stock closed at $9.92 that day. Since that close, the stock rose as high as $23.70 a share. It has now settled back in the mid teens. The stock closed on Friday at $16.58. Clean Energy will benefit from the Obama Administration's Green Car Push. In fact, Clean Energy Fuels is growing business daily. CLNE has upside potential. In the mid-teens it is once again looking very attractive to begin accumulating shares of this one time favorite.

Friday, June 4, 2010

Dow down 3% to close at 9,931

CLOSE ALERT: Continued fears stemming from Europe, a flight to safety in the U.S. dollar and a May jobs report falling short of heightened expectations led to a sharp sell-off today. The Dow closed down just over 3% to settle at 9,931 heading into the weekend. The Dow closed down 323 points, the Nasdaq down 83 points and the S&P was down 37 points.

Monday, May 31, 2010

Emerging Markets? No really.....

Despite the chaos overseas, we have found 3 stock tickers that can make your nest egg a whole lot heavier. For the record, I will say this, these 3 tickers are not the typical trade stocks. These 3 are long term investments if you really feel the need to buy and hold.

Tata Motors (TTM)- FIrst discovered by whatnestegg.com when it traded in the $6 range. Tata swung to the profitable side and even at $16 it looks very attractive.

Satyam Computers (SAY)- Currently trading at $5.17, if you can pick this one up under $5 a share your risk reward is definitely on your side. This little guy has upside once they finally get past the shady practices that ruined this ticker.

Fuqi International (FUQI)- This stock traded at $32.68 not to long ago. Management brought the stock to crashing nose dive. Can they clean up their mess, add transparency and continue to grow revenue? If they do, this one will not be trading in the single digits to much longer.

Crosstex Energy, (XTXI) information you should know

Crosstex Energy, (XTXI) announced an offer to exchange any and all of their $725,000,000 outstanding principal amount of 8.875 percent Senior Notes due 2018 for an equal amount of new 8.875 percent Senior Notes due 2018.

Earnings to watch (June 1- June 4)

For the most part, this week sets up to be a non-eventful week when it comes to earnings central.

June 1
Lions Gate Entertainment (LGF) EPS estimate -0.25

June 2
Steak n' Shake (BH) EPS estimate 3.8

June 3
Joy Global (JOYG) EPS estimate 0.77
Quicksilver (ZQK) EPS estimate 0.03