| Large cap cyclicals look promising.
Intl emerging markets should have good returns.
Junk Bond funds may do well.
-------------------------------------------------- |
| Re: Need Info: DESTINY TELECOMM INTL INC.
Before You Invest
Here are some First Step DUE DILIGENCE suggestions
--------------------------------------------------------------- |
| dmilhem@bigfoot.com wrote in message ...
Hi. I just placed my first stock trades ever today. I had opened an
account
with Ameritrade. I entered 3 buy orders at market price last night, and
they
were executed this morning. Heres the problem: I bought a number of
shares
of INTL. The buy went through at 15.5. However, when I checked the days
high/low price for INTL at 40:00pm, I saw that the days range was 14 5/8-
15
3/8. Naturally I was disturbed to see that I had apparently bought the
stock
for more than the days top price. Furthermore, the two other stocks I
bought
were purchased for the maximum mornings price. The prices were of course
bobbing up and down all morning, but both my other trades happened to go
through at the mornings max price. In light of what happened with INTL,
Im
worried that this may not be a coincidence.
I called Ameritrade, and the rep admitted that this was a problem with
INTL.
However, all he would do is say that he would file a trade proble. |
|
I think the general idea of emerging markets (or whatever you want to call em)
is a good one. Closed end funds are a reasonable idea, especially if theres one
in a country or area you like selling at a discount greater than its historical
discount. I like the idea of picking country funds, and becoming informed about
particular economies.. but Ive had a fair amount of Intl. Econ. to help make
sense of things. Id say be careful about Argentina at the moment... there appears
to be serious friction between the finance minister Cavallo and the president, and
strong adherence to Cavallos policies would seem necessary to keep the Argentine
economy doing OK... if theres enough friction and Cavallo is sacked (or leaves
because he doesnt like the way policy is headed), things could get bad for foreign
investors (i.e. devaluation from the current 1:1 ratio being maintained with the dollar). |
|
Someone was recently asking about the company that makes DVD. One that
Im aware of is Nimbus CD Intl (NASDAQ: NMBS). They will be investing
$25 million to setup DVD manufacturing facility. They are currently
manufacturing CD and CD-ROM, and have strong and improving earnings.
They were featured in one of the articles in IBD on Thursday May 23.
They are not into the DVD players, but the discs themselves. Check it
out. They are also a premier company with technique to prevent CD/CD-ROM
piracy, so they might attract a lot of big companies that want to cut
losses due to copying. |
