I will buy one of these stocks tomorrow:

mr market didn't you buy ryl a few weeks ago in the low 90's. i think its like 74 now yeah your great your huge.

 

Mr Market is HUGE!!!

 

Yes he did.

But it doesn't count since he hasn't closed it yet since it's a losing trade. Sinxce it doesn't count yet, you MUST forget about it, forget that mr monkey said it, forget that he bought it. It doesn't exist.

 

I have two comments. First, you have no idea what Tony Oz actually did. I'm not questioning whatever claims he makes in his book, and I actually think he is a pretty good guy from his time here, but the fact is he has never produced any audited returns to my knowledge. MrMarket has the guts to post his picks in realtime, something that Tony Oz never did here.

Second, I'm relatively sure that neither Tony Oz nor Peter Lynch can bench 385. So they cannot possibly be as huge as the huge one.

 

Neither Oz nor Lynch ever sent me 3 CD's of live Springsteen recorded at a concert I saw 25 years ago. Mr. Market rules!!!!

 

Please do not buy ADVP. This stock is down for a reason, high probability to have more lossing contract news coming.

 

Thank you, at least someone here know what real investing is. Peter Lynch is/was a true investor and even he had trading approaches. He had a cut loss rule and he felt that all stocks needed right entry. There are numerous opportunities he missed just because he felt it was too late while the stock kept going and going up.
I like how he outlines a lot of his missed opportunities and early exits. Regardless his returns were amazing.
And he does mention that his Ivy MBA was a lot more hype than real susbstance.

 

Yes, buy. No doubt, buyers are gonna make money. 100% up room to go!

 

MrMarket,

Hope you don't choose KASPQ.OB,

LOL, the Q at the end doesn't look too good.

 

Today I sold DHI at 31.28. That's a 17% gain in only 3 months over my (split-adjusted) purchase price of 26.82. In the meantime, the S&P 500 was up only 6%. That makes 51 consecutive profitable trades of 15% or better. Can you do that? You? YOU? YOU??!!!

Show me where anyone else has such an amazing record. I must be the greatest stock picker on the planet. I am HUGE!! Bring me your finest meats and cheeses. Build me a temple so high that it pierces the clouds and makes hailstorms. Build me a statue of me sitting on a stallion for the fattest pigeons to roost upon.

When I go play blackjack and my first 2 cards total a hard 12 and the dealer shows a "6" face card, do I cower and hide? Nope. Do I take a hit? Nope....$$$MR. MARKET$$$ doubles the hard 12 against a 6. I live what others dream.

The good news is that there will be YET ANOTHER $$$MR. MARKET$$$ pick forthcoming...but you MUST...MUST...I repeat MUST..tell the world in this forum how good $$$MR. MARKET$$$ is....

Let's hear it!!




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Posted: 10 Nov 2003 05:05 pm Post subject: DHI ==> The $$$MR. MARKET$$$ Veterans Day Pick

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Sometimes $$$MR. MARKET$$$ just loves to prove to the world that he’s oh so so good. Last week, the homebuilding stocks were downgraded by an ANALyst who decided they were priced too high due to the fact that our economy was heating up. The theory is that when the economy heats up, interest rates will rise and homes will no longer be affordable. Ho ho ho…you murder me.

I’ve got news for you, Mr. and Mrs. ANALyst. The economy is heating up because the job market is stronger, consumers are feeling better and they are willing to spend more money. The reason interest rates are going to go up is the very same reason why consumers are going to be MORE likely to buy homes, not less likely. It’s true rates will creep up, but the absolute rates are still very very very low. (I project average 30-year mortgage rates of 6.3% in 2004).

While the red hot pace of new home sales may leave some skeptical observers wondering if a significant slowdown may be in the offing, expect home sales to remain strong through the end of 2004. Mortgage rates will remain accommodating through the period, and the improving economy will leave consumers comfortable about taking the plunge to buy an expensive asset such as a home, even if interest rates move up modestly. There has never been a better time to own a home. Exceptionally low rates enable renters or those who own modest homes to afford their first home or something nicer than what they have. Do you remember when rates were in the teens? Guess what? People were buying houses then, also.

Today I bought DHI (D.R. Horton) at 40.23. I will sell it in 4 to 6 weeks at 46.42. Here’s why I like DHI:

DHI stock is up 138% over the last 12 months, yet its P/E is still a humble 11. It’s R^2 correlation coefficient, over the same period, is a rock solid 0.89 which indicates price momentum that has been incredibly steady.

DHI’s boss also agrees with $$$MR. MARKET$$$. "The best thing that could happen to D.R. Horton and the home building industry in general is for interest rates to go up about 200 to 250 basis points," said CEO Don Tomnitz. "I say Horton wins both ways if rates go down, that increases the pool of affordable buyers. If rates go up, the economy is doing well, and our second- and third-time home buyers are doing well."

DHI has recorded tremendous sales and profit growth over the past decade. They are the #2 US homebuilder. Its sales have risen at a compounded annual growth rate of 43% over that time, and its earnings per share have posted compounded gains of about 30%. DHI is, simply put, an earnings machine. They’ve proven, over a long period of time that they know how to grow their business and their formula works. Horton's excellent performance stems from an active takeover program plus a focus on internal growth. The company has also benefited from its concentration in demographically favorable areas such as California and Arizona. (Sorry to say, there will be more homebuilding in these areas due to the wildfires.) On top of these factors, Horton is benefiting from its large size and financial muscle, which give it a major advantage in obtaining big land holdings in desired areas. Expect these conditions to drive further growth in coming periods.


D.R. Horton's net sales orders jumped 21% to $2.41 billion in the fiscal third quarter ended Sept. 30, as orders rose 17% to 10,114 homes. ANALysts expect D.R. Horton to post a 41% profit rise to $1.30 a share in the fiscal fourth quarter. $$$MR. MARKET$$$ knows that they will do $1.41 a share next quarter.

ANALysts are projecting $4.33/share in 2004. Even with the paltry P/E of 11.26, this projects to a stock price of $48.76. $$$MR. MARKET$$$ projects 2004 earnings of $5.22 which will get the stock price to $58.88. These gains will be driven by a 10% increase in home closings, and a modest rise in average selling prices. In reality, the P/E will most likely expand as these homebuilders post quarter after quarter of magnificent earnings. Indeed, buyer-friendly mortgage rates will remain through 2006, so valuations for most major builders will expand to low double-digit forward price/earnings ratios.

Even though DHI is a mega Godzilla homebuilder, its structure is still entrepreneurial. Horton has 50 profit center managers who have control over their local markets and can land big bonuses if their profits are good. They work hard for themselves and, as a result, for the company.

DHI declared a quarterly cash dividend of 7 cents per share, a 17 percent increase over its payout in the same period a year earlier. Since reducing dividends is a Wall Street disaster, DHI clearly indicated to the world that they have full confidence in the company’s ability to generate free cash flow by stepping up their dividend. That’s not enough to convince anyone? Try this one. the Company has repurchased approximately $29.3 million (980,300 shares) of its common stock in its fourth fiscal quarter ended September 30, 2003. For the fiscal year then ended, common stock repurchases totaled approximately $58.9 million (2,652,800 shares). The Company has approximately $175.6 million remaining on its stock repurchase authorization.

Here’s the big boss gloating, “We are extremely pleased with the Company's double-digit sales increase. The excellent sales results in our fourth quarter, combined with our strong backlog, position the Company for a strong start to another record year in fiscal 2004." DHI’s backlog in June was $4.0 billion.

Key financial ratios also point to DHI as being a top tier performer. Return on assets is 8.4% while Return on Equity is 23%.

DHI is really an example of a great $$$MR. MARKET$$$ momentum stock. This stock is like a freight train moving faster and faster. True, eventually there will be macroeconomic conditions that will slow this train down, but while it is slowing down, its stock price will keep going up. There’s just too much inertia for anyone to step in front of this train and stop it right now. So nice try Mr. ANALyst…we’ll see you under the tracks. Next time, why don’t you pick Baylor to beat Oklahoma? You might have a better chance of being correct.
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I am HUGE! Bring me your finest meats and cheeses.

- $$$MR. MARKET$$$