Market Watch for the week 8/3/2009

[billhart22]

Whats up Mr Bill?

Hey Jeff,

Not much..just chilling out after the week. How are you doing? I am just basically kicking back and doing nothing of real importance. That is until tomorrow when my wife assigns me jobs, lol.

Just kidding....Ignoring her makes her respect me...she thinks I am a bad ass and women love guys like Charles Bronson!

[dread]

LMAO! You don't sleep...you are a tow truck owner. 24/7/365. You just think you sleep, lol!

I used to live in Rawlins, Wyoming and lived two doors down from a guy that towed big 18 wheelers in the winter. He had an enclosed front porch and a chair in there. He never went to bed, he just slept in the chair. It looked like a prostitute in an Amsterdam window. When you went by, there was Shorty in his coveralls sleeping in a recliner. Well, when I went through there last time everything was shut down and the building looked like shit. I think Shorty bit the bullet.

You probably have a really rigorous schedule. I respect that. I don't work Monday through Friday 8 to 5 either.

Well the truck is asleep right now, I wound it down for now. Just transmissions for now. On the side, if you know what I mean. I remember that story. I went 24/6 and took a month off every year to refuel.
Right now, shopping for a new state to move to. Any state that declares their sovereignty under the 9th and 10th amendments, that is where I am going. Any state that tells the feds to stick it will get my tax dollars. If not I will "go galt" completely, I am half way there now. I refuse to feed the chicago machine on a federal level.

I have some stocks that stood out this week, I will post them over the weekend if they pass the smell test. Have yet to do any DD on them.

[dread]

Hey Jeff,

Not much..just chilling out after the week. How are you doing? I am just basically kicking back and doing nothing of real importance. That is until tomorrow when my wife assigns me jobs, lol.

Just kidding....Ignoring her makes her respect me...she thinks I am a bad ass and women love guys like Charles Bronson!

"The Mechanic" and "Once upon a time in the west" are my favorite Bronson movies!!!

I PM'd you Jeff, have a good one!!

Hey Bill, I think "The Mechanic" is on comcast on-demand in my area, maybe you have it too? under free movies.

Anyway, have a good one, always a pleasure to chat with you!!!

A movie about hit men and mobsters LOL!!!

Jimmy the drill bit

[Dr. Dave]

I ask my girlfriend if she likes guys like Charles Bronson, she just looks at me like I'm retarded and says "no".

[Dr. Dave]

Last I reported, I mentioned that Corn was rebounding down from its 50 day moving average. It continues to do so. Down 4.22% or -$13.75.

If you don't understand futures, they are just contracts. Someone buys a contract, someone sells. Each contract is worth 5000 bushels of corn (and if you don't want to be obligated to physically buy it, I suggest selling the contract before the expiration date - in this case December).

Bill, you like leverage - the margin on corn is by bushel, so $326.50 was the last trade, so that controls $16325 worth of corn - which is your money - but the contract you pay for is $326.50 - the leverage is each 0.10 move is worth $500.

So - if you went short on corn contracts, just a contract between you and someone else - think about it --- you'd be up $687.50 today alone... I've been posting on corn for days!!!! and you are trading what???? pennies.

Corn is where it's at... anyway, I'm outta here, you can find me cornbuzz dot com.



p.s. you don't have to wait until monday to trade either - futures markets are open on sundays!!!!!

[Sworntwofun]

A couple of hurricanes couldn't hurt (morbid sense of humor), because BCLE is in the clean-up department for hurricanes. Just enough damage to boost up the stock price is all that is required.

Hey, Stang.....what was that hurricane company that we were looking at about the time we were looking at Six Flags before they went the BK direction? Do you happen to remember it?

You have a great one too, my friend!

Bill, FYI Six Flags is actually doing just a financal restructuring, but remains open and says its could be making money but their financial structure is not good and needs financial modification. Question Does this affect the common shareholders, and are their shares wiped outs because I dont think they actually filed BK....

[GoHerdGreg]

i really dont see another jump in behl any time soon, I think they have pretty much blown their load with PRs.

I disagree about BEHL, and here's why:

1. Their CFO has a deal with an "Asian" company in the works, and a contract is expected to be signed in the coming weeks/month or so. That would be a huge event for this company.

2. In their PR today, they announced that they would be running a SUV on their biofuel made from the algae, and have it up and running in August. That will garner a lot of TV coverage.

3. The CEO really isn't happy about the manipulation hack job that certain market makers performed on the stock last week. He will find a way to get back at them, IMHO.

4. The 52-week high is $.24, all based on a company that wasn't doing anything. Well, now they are doing things and about to start announcing various revenue streams.

5. An investor on the spoke visited BEHL this week, and said that it was constantly busy with lots of people/companies visiting to see the bioreactor and what they are doing. High interest is a good sign.

As you know, I sold out on the first mini-pop and got my original money back on BEHL. While I *do* want to make money, I do think in the next 30 days there will be a nice increase in the pps based on all of the above. I have a plan to sell more when it hits $.15, and keep a core position in case this truly does become something very big and successful. If it doesn't...then I have made my money, extracted it, and life will move on.

[bigsandy]

I disagree about BEHL, and here's why:

1. Their CFO has a deal with an "Asian" company in the works, and a contract is expected to be signed in the coming weeks/month or so. That would be a huge event for this company.

2. In their PR today, they announced that they would be running a SUV on their biofuel made from the algae, and have it up and running in August. That will garner a lot of TV coverage.

3. The CEO really isn't happy about the manipulation hack job that certain market makers performed on the stock last week. He will find a way to get back at them, IMHO.

4. The 52-week high is $.24, all based on a company that wasn't doing anything. Well, now they are doing things and about to start announcing various revenue streams.

5. An investor on the spoke visited BEHL this week, and said that it was constantly busy with lots of people/companies visiting to see the bioreactor and what they are doing. High interest is a good sign.

As you know, I sold out on the first mini-pop and got my original money back on BEHL. While I *do* want to make money, I do think in the next 30 days there will be a nice increase in the pps based on all of the above. I have a plan to sell more when it hits $.15, and keep a core position in case this truly does become something very big and successful. If it doesn't...then I have made my money, extracted it, and life will move on.

Hey Greg:

Thanks for your post. I'm in agreement with you, now. I have bought and sold this stock a couple of times and thought, initially, it was good for flipping (and it was). I was getting a little leary with the 'wallpaper' job the company was doing with all the PR's, mostly fluff to keep investors interested. I got out with some money early this week before the take down and loaded back up near the bottom on Wed/Thurs.

While the jury is still out, I do think this company's got some real potential. That being said, I don't think we'll see any stability in the stock and stock price until they start releasing some revenue numbers. I think just a couple of signed contracts combined with all of the other stuff they are PR'ing and this thing will blow. If the PBR proves vialable and sellable...WATCH OUT! Some of us will be paying off mortgages, funding kids college education, not to mention the CARS!

I'm hanging long with you now Greg. Will be interesting to see what happens over the next several weeks. If this baby hits it's 52 week high and BCLE hits it's high from Apr/May...I'm a very happy guy!!

Have a good weekend......

[imromo24]

Last I reported, I mentioned that Corn was rebounding down from its 50 day moving average. It continues to do so. Down 4.22% or -$13.75.

If you don't understand futures, they are just contracts. Someone buys a contract, someone sells. Each contract is worth 5000 bushels of corn (and if you don't want to be obligated to physically buy it, I suggest selling the contract before the expiration date - in this case December).

Bill, you like leverage - the margin on corn is by bushel, so $326.50 was the last trade, so that controls $16325 worth of corn - which is your money - but the contract you pay for is $326.50 - the leverage is each 0.10 move is worth $500.

So - if you went short on corn contracts, just a contract between you and someone else - think about it --- you'd be up $687.50 today alone... I've been posting on corn for days!!!! and you are trading what???? pennies.

Corn is where it's at... anyway, I'm outta here, you can find me cornbuzz dot com.


p.s. you don't have to wait until monday to trade either - futures markets are open on sundays!!!!!

i did this with sugar futures and now i have a basement full of sugar because i forgot to sell the contract...oh my..









ok, just kidding

[imromo24]

I took a two second glance at their site, they aren't talking about large scale carbon storage - it looks like they have a polymer that they can inject chemicals that are water soluble into that do things... that's what I got out of it. Normally, a polymer scaffold is carbon based, and is - hmm... oily so to speak.. so as oil doesn't mix with water, adding in compounds that are normally soluble in water as opposed to organic solvents is difficult. Some of the active ingredients do trap things that are carbon based, but what (and I guess they could do it) your thinking of is if they made a 6000 square mile rubber mesh sheet, injected compounds that would sequester CO2, then hung it on a flag pole to catch CO2 in the air. I'll poke at it later.

YES LOL!

Actually, i was thinking like this. If they set up a small factory at a coal burning power plant...for instance, they would duct the gas flow to the factory and "bubble" the flue gas through their mixture and essentially "sequestor" the carbon emmissions into the product (which gets used, thrown away and buried)

We current have the tech to make gypsum at power plants (used for drywall) in the same manner (bubbling it through a slurry)

But filling the rock quarries with a cubic mile of foam sounds sweet too! (and pumping gas into the sponge)