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Questions asked and answered by EMANOWNSYOU

Posts by EMANOWNSYOU

Q: I am a beginner at investing and so far I have made every stupid move in the
book. I am not very diversified, and own too many industrial stocks, including
4 oil related stocks: WTI, HES, GDI and OII. I also own too much gold: FCX, GLD,
and ABX. It only gets better, because I bought all of these stocks in late June
at their high, right before the huge selloffs, real smart. This is not a joke,
no insults please. I was impatient and entered the market all at once, at the
worst possible time, buying RIMM at $140 etc.
I have since bought other stocks that diversify my portfolio somewhat, but
it has not been enough and my portfolio is consistently downward sloping.
Since I have lost so much on the oil stocks, should I just wait it out, or
should I get rid of them to raise cash and take the massive losses? I
understand that the recent decline in oil prices should make these stocks even
lower, but won’t they just skyrocket again next summer?
This has definitely been a learning experience… I am living proof of why you
should follow Cramer's 25 rules for investing.
Asked by emanownsyou - 1 months ago - 11 answers - 138 views
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A: I realize you posted this question 22 days ago, but I thought I'd still chime in.
Patience, wow I learned the hard way just like you have that patience is one of the most
important qualities to develop as an investor. Let the stocks fall to your prices instead
of chasing them. If I were in your shoes, and I was at one time, I would review what you
own again and figure out which companies would be best for the long term using the
fundamentals and sector outlook as your guide. Try to put the bat away and just learn fom
your mistakes.

Best of Luck more
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Q: BOOYAH Jim,
It seems that Genentech (DNA) has received an increasing number of complaints
about broken vials of its breast cancer drug, Herceptin.
Is this indicative of how the company is run? How will this news affect the
stock?
Asked by emanownsyou - 1 months ago - 1 answers - 26 views
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A: They'll fix it. Happens. Not critical as in contaminated. Oops. Nothing. more
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Q: How often are the stocks rated on thestreet.com/stockpickr? My stockpickr
portfolio is rated an A-, but in reality it is not doing so well.
For instance, HES is an A+, but it is way down, and everywhere I turn I am
reading that integrated oil is screwed and should be sold.
Asked by emanownsyou - 1 months ago - 5 answers - 52 views
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A: CRAP! more
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Q: BOOYAAH,
Last night on Mad Money, you said that you had suggested last wed. to sell the
oil and natural gas stocks. I must have missed that and I'm still in them.
Should I leave now and take a devistating loss, or are they good to hold for the
long term? Some of my stocks include WTI, HES, OII, FTI. I also have a large
portion of GLD, which was also down yesterday. My portfolio is down almost 10%
and it seems that there is nothing but bad news ahead. If I remain in these
stocks for, lets say a year, will I have nothing to worry about?
Asked by emanownsyou - 1 months ago - 7 answers - 145 views
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A: Thank you!

AR more
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Q: Hi Jim!
What on earth is going on with CAT?
Asked by emanownsyou - 1 months ago - 2 answers - 33 views
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A: its like DE and MTW - just keep on goin down more
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Q: Is there a large concern about a limit on exports to China? I noticed a video
on theStreet.com, but it would not play on my computer. My portfolio depends
heavily on the fact that China is importing our metals. I'm wondering why the
mineral stocks are being killed this week.
Asked by emanownsyou - 1 months ago - 3 answers - 30 views
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A: Some thoughts, 1) most of the players with brains on holiday; 2) Corporate stock buybacks
on holiday; 3) GM's stock collapse strikes fear of declining domestic steel and general
metal demand; 4) Europe's rate increase causes fear of recession there; 5) Biggest factor,
just plain fear on how our employment numbers would shake out; 6) Riot is China causing
concern about that market and its stability; 7) next to nothing on the first days of the
quarter, really reminded me of last November. more
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Q: B-B-BOO-YAH Jim,
I am new to the stock market, and it seems that I entered at the worst time.
Almost every offshore oil drilling stock that you mentioned last week is down
today, even though the price of oil is up. How can this be? I am also concerned
about FCX and CAT. I understand that the oil increase must affect them, but man
FCX is down a whopping 4% today and is killing my portfolio, do you still
recommend it?
Asked by emanownsyou - 1 months ago - 5 answers - 76 views
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A: Reminds me of the Shoeshine Boy who put his life savings into the Stock Market 2 days
before the crash of 1929.Good luck in the future. more
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