Dow Jones Industrial Average 18,080.14 (UP) Week ending 04/24/2015
Dow Jones Industrial Average 18,024.06 (Down) Week ending 05/01/2015
Legendary investor Warren Buffett advises to 'be fearful when others are greedy, and be greedy when others are fearful.' Well nothing strikes fear more with individual stock investors as knowing they are coming up on the dreaded month of May where the high roller investors tuck in their investments and head off to the Hampton's to start their summer vacationing. Some folks,, being clever knowing this is coming, will actually brilliantly start their May stock selling on April 15th after taxes are all wrapped up.
So by May 3rd, today, you can already find some good bargains to snap up for your portfolio going into next year. (You are not buying stocks to hold for 3 months and sell. That is not investing!)
"The secret to investing, just like the secret to comedy, is "Timing"" . To often us individual investors will have a great idea for buying a stock but will not wait to get it at a value price. What causes particular apprehension to us is that when a good stock goes down in price there is some associated short term dreadful news with it like " tattoos make the Apple I watch not work right", or a short term quarterly earnings miss because of the weather.
One stock where the investors are well on their way to Cape May or Nantucket is
Egalet Corp.,(Symbol EGLT, $9.66)
This local company located near me in Wayne, PA. (near King of Prussia PA.) has had its stock price completely washed out in the last 2 months.
The stock which has traded up to a high of $17.00, and currently has a target price of $18-$20 dollars, can be purchased right now for $9.66. Talk about being washed out.
This stock I would need to put in the "speculative" category because they currently have negative earnings, not unusual for a small young company. The company is very financially sound though with current assets of $55 million and current liabilities of only $7.4 million dollars. They also have some good people on board from the pain medicine industry. They are constantly upping their earnings on revision estimates, (so far to a lower loss), and they only have 17 Million shares outstanding.
Currently there are 4 Buy recommendations on the stock by wall street analysts. 43 Institutions own the stock and 77 Mutual funds, so you are not "out on a island" joining in and buying it.
Freewilly
Dow Jones Industrial Average 18,024.06 (Down) Week ending 05/01/2015
So by May 3rd, today, you can already find some good bargains to snap up for your portfolio going into next year. (You are not buying stocks to hold for 3 months and sell. That is not investing!)
"The secret to investing, just like the secret to comedy, is "Timing"" . To often us individual investors will have a great idea for buying a stock but will not wait to get it at a value price. What causes particular apprehension to us is that when a good stock goes down in price there is some associated short term dreadful news with it like " tattoos make the Apple I watch not work right", or a short term quarterly earnings miss because of the weather.
One stock where the investors are well on their way to Cape May or Nantucket isEgalet Corp.,(Symbol EGLT, $9.66)
This local company located near me in Wayne, PA. (near King of Prussia PA.) has had its stock price completely washed out in the last 2 months.
According to their website, "Egalet is a fully integrated specialty pharmaceutical
company focused on developing effective medicines for patients with acute and
chronic pain while helping to protect physicians, families, and communities
from the burden of abuse."
This stock I would need to put in the "speculative" category because they currently have negative earnings, not unusual for a small young company. The company is very financially sound though with current assets of $55 million and current liabilities of only $7.4 million dollars. They also have some good people on board from the pain medicine industry. They are constantly upping their earnings on revision estimates, (so far to a lower loss), and they only have 17 Million shares outstanding.
Here is some good information from their website about their technology:
Egalet Guardian™ Technology
Abuse Deterrence Plus Precision Delivery
Egalet’s Guardian Technology was developed to provide peace
of mind to physicians and patients by delivering commonly abused prescription
medications in an abuse-deterrent form.
Abuse-Deterrent Features
Opioid analgesics developed using Guardian Technology are
designed to deter common methods of abuse. Guardian Technology utilizes
injection molding to create a hard matrix and shell that is designed to be
difficult to crush, grind, chew, or dissolve and that turns to gel when exposed
to water.
Precision Delivery
Guardian Technology is designed to deliver the active
ingredient using a zero-order release profile (see Figure).1 This zero-order
release profile is designed to deliver the active ingredient at a constant rate
of release
I would be remiss if I did not mention the new album release from THE WATERBOYS called Modern Blues. I went to see them live at the Keswick Theatre locally and they put on an amazing live concert.
So I would buy the EGLT stock shares and The Waterboys CD or Vinyl album of Modern Blues and you will be very well invested.
Freewilly
