bonzo's
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Created by bonzo
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Date updated:06-06-2008

I try to stay with growth and avoid risk. I lost to much earlier this year with some cheap stocks including penny stocks. I kept one just because I feel this one is pretty legitimate. The bottom line is that I learned a harsh lesson and no more chasing. It doesn't work for me in cards, why would it work in stocks. Not lucky enough for that.

symbol name last price % change open
  • +
  • OI
    Owens Illinois
  • $40.13
  • -1.06%
  • $40.54

One of my biggest holdings right now. Still sticking with Cramer picks for the year. My cost basis is slightly above $53 so im still ok with this one. I think it will fly eventually.

People owning OI also tend to own: APCBBIBRLCARCHECMCSKCOP

TheStreet.com Rating: B- What is this?

  • +
  • WMT
    Wal Mart Stores
  • $56.60
  • +0.18%
  • $56.93

Started buying walmart on the last dip. I only have 30 shares right now and I wish I would have bought more. I think it will stay strong for a while with the economy a little worse off than Wall Street seems to think. I'll sell half my position when it reaches $65.

People owning WMT also tend to own: AIGALLBACCCATCBSCOP

TheStreet.com Rating: A- What is this?

  • +
  • SDS
    Pt Ultrshrt Sp500
  • $68.61
  • -0.19%
  • $67.85

Also one of my biggest positions right now. It's hard to keep in mind that I'm using it as a hedge. I have a cost basis of $57 right now so when we have another sell off and the vix reaches about 22, I'll start to sell it. I'll hold on to it till then.

People owning SDS also tend to own: ABXBHPBVNCAMCEOCRESYDXD

TheStreet.com Rating: No Rating What is this?

  • +
  • EMC
    E M C Cp
  • $15.05
  • +0.47%
  • $14.955

I just have a small position of this one at the moment (40 shares). Will likely add to it sometime later this year when tech comes back into fashion for the second half of the year.

People owning EMC also tend to own: AAPLAMTAMZNATHRBEASCTSHGOOG

TheStreet.com Rating: B What is this?

  • +
  • FCX
    Freeport Mcmoran
  • $108.64
  • +0.99%
  • $108.44

Initiated a very small position with 5 shares at $119. I should have added to it when it hit $111 the other day. I am sure I'll be able to add more around the $110 area.

People owning FCX also tend to own: AAAINVAPABBDBTUCHKCNX

TheStreet.com Rating: A What is this?

  • +
  • TRLG
    True Religion App
  • $26.24
  • -2.63%
  • $26.99

I sold 30 shares short when it hit $23.50 then sold another 25 shares short when it hit $25.25. This hasnt been working well for me so far but it broke a little today when the rest of the market was up over 200 and it fell over 0.50. I think its overdue for a pull back and think I should be able to cover around $20. I have been on the other side of this trade before, when these types of stocks fall, they fall hard.

People owning TRLG also tend to own: AAPLACHALTIAMZNCROXFCELJSDA

TheStreet.com Rating: B What is this?

  • +
  • PM
    Philip Morris Int
  • $51.47
  • +1.72%
  • $50.57

Sticking with this one for the over seas use of cigarettes. I chose this one over mo after the split b/c I liked that Europe and Asia arent don't blame the companies as much as the US for cause and effect. I might buy mo back if it hits $21.

People owning PM also tend to own: AAPLANZBY.PKBAMBBDEBAYGOOGIFN

TheStreet.com Rating: No Rating What is this?

Gambling here. They may strike it in a precious metal.

People owning UCOI.OB also tend to own: FMNJ.PKPMED.OBSLWF.OBCNES.OBETWI.OBFNIX.OBGSCR.OB

TheStreet.com Rating: No Rating What is this?

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Start Price

Return Value

Start Date

UCOI.OB 0.0015 ------ Sep 15th
OI 55.00 -27.04% Jun 6th
WMT 57.68 -1.87% Jun 6th
SDS 58.40 +17.48% Jun 6th
EMC 17.40 -13.51% Jun 6th
FCX 111.55 -2.61% Jun 6th
TRLG 26.30 -0.23% Jun 6th
PM 51.95 -0.92% Jun 6th
MNTY.PK 0.0001 ------ Jun 6th
SIRI 2.66 -27.82% Jun 6th
CHK 53.73 +24.29% Jun 6th
BWLD 32.94 -24.95% Jun 6th

Average return:

+1.30%

Success rate:

20%

Deleted Stocks:

ANST 31.31 +18.08% Sep 15th
BAM 34.45 +3.34% Sep 15th
COP 85.27 +4.60% Sep 15th
AEO 25.49 -32.80% Sep 15th
IGT 41.36 -15.18% Sep 15th
HOLX 54.90 -55.37% Sep 15th
AAPL 138.81 -8.79% Sep 15th
BBY 44.08 +5.47% Sep 15th

Tracking Started: 09-15-2007

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Q. Stockpickrs: Been doing work ...
07.07.08 | 00:52 AM Asked by Kurt Anders

A. Kathy,

From my homework, you are 100% correct.
In the last CC they mentioned their
ability to lock in some commodity costs
until the end of the third quarter this
year. Assuming my thesis is correct, I
see commodity strength through the end
of the summer and then I see a bit of a
correction.... well not correction but
more of a sustainable level without such
rapid increases in shorts amounts of
time.

I have been to several Chipotles in
different regions of the country. Their
pricing differs by region and is nearly
30-40 percent higher in some areas vs.
others. To me, this shows extreme
pricing power and like you said, their
customers are willing to pay more for
quality.

Thanks for your response, I'll see what
others have to say. I've followed the
company for a good year now and feel I
have a pretty good feel for their stock
movement but just want to get some other
thoughts as too many never hurt.

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