who is in the market?

[GonzoStyle]

I got like 20 bucks to spare, pick me a winner old pal!!

[Keyser Soze]

whats a good target for cisco?

[Galt]

you can buy like a thousand shares of BBAN.

So, people who actually work on the floor of the NYSE. Work 8 hour days...at most. Never take any work home with them. Make hundreds of thousands of dollars a year. Specialists and head traders make over a million.

BUT. They have to stand ALL DAY. I did it for three hours and my dogs are barking. No one leaves for lunch. Every single person gets food delivered. That sucks! And they run around all over the place.

[Keyser Soze]

i'd take that job in a second.

[Silera]

Black women yell at me all day.

I'm in the market for a new job.

[Keyser Soze]

is BBAN a comer?

[GonzoStyle]

hurry up this 19 bucks is burning a hole in my pocket!!!

[Arpikarhu]

Bah on Harley Davidson. Shitty dividend. Barely trading at a discount to the S&P. It's not like they're going to be some big growth company, and if it's because they are cheap compared to their valuation, other companies are better (like CFC -- trading at 6 fucking times '05 earnings.)

shows what you know. harleys p/e is awesome compared the general market. they have had 30% growth every year for the last 3 years and no sign of slowing. they have also just opened a new plant so that they can double thier output to satiate demand.
you are going to have some long and lean years at your current profession. might i suggest bartending?




and yes keyser, rpm the chemical company.
invest in either one and i guarantee a solid two year return on the investment.

[GonzoStyle]

hmmm I gotta pick one I guess

This better work apri, this 17 bucks is gonna make me rich!!

[Galt]

Their PE is a tiny discount compared to the S&P. They're trading at 17x 04 EPS. But that doesn't matter. Mortgage companies trade at bigger discounts to that. Doesn't mean they are more attractive. What matters is how they are trading now compared to their history. I have no idea what kind of multiple H-D typically trades at, so I don't know if they are cheap now. Regarding mortgage companies, CFC as one example trades at like 6x 04 EPS AND CFC pays a better dividend yield than the shitty .5% that H-D pays. (and CFC typically trades at something between 8x and 12x Harley has grown fast? Mortgage debt has grown 30% faster than GDP for the last 30 years. Over the last 10 years, Mortgage companies have grown EPS at twice the rate of the S&P with less volatility. Over the past couple years, it's been even better.

Economy is picking up, rates will increase, refinances will decrease, so mortgage originations aren't going to be as good. So people look at Countrywide and sell them because they lose their $18/share in EPS from originations. But people don't realize that as that drops off, they gain about $14 in servicings, and built a great hedge against rates.

Another good bet in mortgage right now is mortgage insurers (PMI) since as the economy picks up, people feel more confident, take on more debt, need to mortgage insurance, and with a pickup in the economy, they have less defaults. ALSO, higher rates tend to lead to more variable rate mortgages, which has higher margins than fixed rate mortgages.

And BBAN is a dogshit stock.

And building new plants causes depreciation & other startup costs, which depresses earnings, douchehead.



Edited By Galt on 1074304905

[IrishAlkey]

I'll take "replies you didn't expect to read on CDIH when you woke up this morning" for $400, Alex.

[Galt]

I vomit back other peoples' opinions and pass them off as my own.

That's what I tell people when they ask what I do.

[Galt]

I'll take "replies you didn't expect to read on CDIH when you woke up this morning" for $400, Alex.

And the question is: "Alkey has resorted to stealing lines from Grumpy now?"

[The Sleeper]

OOOOOOF

[IrishAlkey]

I was hacked!

[Galt]

You are a hack.

[IrishAlkey]

Second greatest hack of all time...

[IrishAlkey]

Second greatest hack of all time...

[Arpikarhu]

And building new plants causes depreciation & other startup costs, which depresses earnings, douchehead.

the depreciation is negligble to the increased sales.Harley already has a 2 year back order and the plant the opened is a refurbished one as opposed to the cost of building and outfitting a brand new one. dont spout textbook shit at me if it is not applicable to the present discussion. do some research on the company and then give me your opinion. not some generalized crap that your professor told you.
Harley will give you a great return on a 2 year investment. end of story.
so will rpm inc.

[Galt]

yeah, I'm actually spouting back opinions from the guy who has been covering the mortgage sector for over 30 years.

Harley ALWAYS has a 2 year backlog. That's part of their lure.

You conveniently ignored the most important part. Harley isn't THAT cheap to the S&P, it's negligable, but what's important is how they are trading to their history. I can find you companies who are cheaper to their history and have a more attractive dividend than Harley.

I hope you die.