“I’ve really enjoyed my subscription to The Cheap Investor,” notes Marc C. “I just wanted to know if you would buy Apple under $100 here.” In short, no… Even after the 7:1 split, Apple is still over-extended at historical resistance. It may seem like a steal with an 85% haircut, but it’s not. It’s still…
DetailsFellow Cheap Investor reader Don B. asks, “can you still buy Patriot Coal shares now that the company is bankrupt?” At the moment, we don’t believe shares can be bought. It last traded on December 18, 2013. There’s no volume. There’s no interest. In July 2012, the company field for bankruptcy protection because of struggles…
Details“It looks like you called the bottom on copper perfectly,” notes fellow Cheap Investor reader, Susan T. “I even bought into the stocks you said may do well and walked with some good gains on Southern Copper and Freeport. Thank you.” Copper was never going to move much lower than 290. We knew that just…
DetailsNever buy an IPO again… Instead, buy them all at $45… and bank an easier gain along the way. Over the last year, nine of the biggest, most talked about IPOs hit the market with thunderous applause, sky-high valuations and naïve bulls. All but two of them were flops. Xoom Corporation (XOOM) is down about…
DetailsFellow Cheap Investor Stan C. asks, “Coal has been running back up lately. Do you think it’s worth a buy here?” Thanks for the question Stan. After a massive trouncing from historical highs, coal came back with a vengeance in recent weeks. The Dow Jones US Coal Index – for example – exploded off recent…
Details“What is happening to this market,” asks fellow Cheap Investor reader, Stacy B. “Is it always this volatile?” The short answer is no… In recent weeks, volatility has kicked in over geopolitical fears and economic slowdown. But patience – as we’ve seen with most of our trade recommendations – will prevail. Since March 2014 began,…
DetailsWe’ve been talking about copper for some time now… After bottoming at 294, we made the call that copper bottomed out. And – so far — we’ve been spot on, as the metal runs to 304 in just weeks. Even Morgan Stanley believes copper concerns are overdone, saying it could run to $7,397 per ton…
DetailsMonths ago, we called for Twitter to sell off in grand fashion. And sell off, it did. For months, Twitter fools… uh, bulls were atwitter about shares of Twitter, thinking it would run to $100 on subscriber growth and advertising revenue. But a funny thing happened along the way. They were left burned, bamboozled and…
DetailsThink you’ve avoided the hottest stocks in the market and will be able to sidestep most of the pain of the current correction? Well, you may not. Unless you’ve gone all in on cheap in your portfolio, things could get ugly. It’s all explained in what I consider the most important chart in finance today.…
DetailsEasy money always disappears just as easily. Always. I know a few Wall Street types. They’ve been making really easy money for the last five years. They’re letting it go easily too. Everything from private jets to $25,000 night club tabs for some of them is pretty standard right now. I know plenty of small…
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