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Six tech stocks to avoid in 2012.

rafterman

A sadder and a wiser man
Feb 15, 2004
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Ha ha ha yes RIM is on the list and Netflix too.

Six tech stocks to avoid
Simon Avery
11:48 EST Friday, Dec 16, 2011


Investment firms, portfolio managers and analysts frequently publish stock picks for the New Year, but few tell investors what to avoid. So kudos to Canaccord Genuity’s team for putting out a selection of tech stocks not to buy next year. Here they are:

Intel. The world’s biggest chip maker recently lowered fourth-quarter guidance, citing supply disruption. Analyst Bobby Burleson thinks that disruption will get worse the next quarter, and he sees demand softening for motherboard makers and component inventories rising.

LM Ericsson. The Swedish maker of communications equipment may be hitting its revenue growth targets, but gross margin pressure will likely increase over the next several quarters, according to Michael Walkley.

Research In Motion Limited. Slowing sales and weak guidance plague the BlackBerry maker, Mr. Walkley says.

Powerwave Technologies. The California maker of gear for wireless carriers faces a significant slowdown in spending by North American network operators and weakness in Europe and the Middle East, he writes.

Netflix. The online content provider faces numerous challenges that include subscriber losses, rising content costs and an increased competitive landscape, says Jeff Rath.

Intuit. The financial software company is in good shape, but the stock looks expensive given the weak state of the small and medium business market place, says, Richard Davis.
 

Perry Mason

Well-known member
Aug 20, 2001
4,683
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Yeah... sell your portfolio and spend it all... on wine, women and song! Go out in style!

Of course, if the world does not end, you are up the proverbial creek without a paddle!

So, it is the perfect lose/lose plan! :thumb:

Perry
 

msog87

Banned
Dec 11, 2011
2,071
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fuck tech altogether. gold and silver miners are the cheapest theyve been relative to the metals in 10 years.
 

oil&gas

Well-known member
Apr 16, 2002
12,220
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Ghawar
fuck tech altogether. gold and silver miners are the cheapest theyve been relative to the metals in 10 years.

I concur with your view. But how much longer these miners shares could remained
trapped? And you can't rule out further contraction of stock prices just because they
are already dirt cheap.

Anyway for my money I would bet on a recovery of gold and silver stocks in the 2nd half
of the year. I can't tell if precious market stocks have bottomed yet. But I expect many of
these miner shares to reach a level anywhere between 4 to 10 times higher than where
they are now by the time they peak in the next bull phase. This could take as long as
3 to 5 years. I won't rejoice even if my predictions turn out to be accurate. Hyperinflation
will be the price to pay for handsome return from precious metal investment.
 

msog87

Banned
Dec 11, 2011
2,071
1
0
I concur with your view. But how much longer these miners shares could remained
trapped? And you can't rule out further contraction of stock prices just because they
are already dirt cheap.

Anyway for my money I would bet on a recovery of gold and silver stocks in the 2nd half
of the year. I can't tell if precious market stocks have bottomed yet. But I expect many of
these miner shares to reach a level anywhere between 4 to 10 times higher than where
they are now by the time they peak in the next bull phase. This could take as long as
3 to 5 years. I won't rejoice even if my predictions turn out to be accurate. Hyperinflation
will be the price to pay for handsome return from precious metal investment.
nobody is smart enough to time the bottom, we are definitely near or have already bottomed. there was alot of selling to close out 2011, if u look at recent price action gold and silver have been holding up well even though the euro is under pressure making new lows. I think the metals have already bottomed. if they havnt in the end does it really matter? gold is going to 5k and silver is going to at least $100. miners are dirt cheap buying now is like buying in 2009. Look into wildcat silver, their old resource estimate is 80 million ounces in the indicated/inferred category, drill results over the past year have been great, they have a new resource report coming and speculation is itll be well over 200 million ounces. this stock can easily become the next first majestic silver. peaked at $3 last spring, currently trading around $1.50 has formed a nice base. management is full of winners if you read their history
 

oil&gas

Well-known member
Apr 16, 2002
12,220
1,618
113
Ghawar
Have not followed Wildcat. If someone asks me for a surest bet to make
big bucks with limited capital in the shortest time possible for retail investors
I would suggest a basket of silver stocks including Silver Wheaton,
Pan American Silver, Endeavor Silver, Silver Standard and MAG Silver Corp.
All of these miners (except MAG) already have good cash flow at current price of
silver. If silver hits $100 the stocks of these shares could skyrocket to the moon.

Having said that I must say that other than a small position in PAA I actually am NOT
invested in any of these silver miners and others. Mining is inherently a very risky
business. Even the venerable Agnico-Eagle was twice hit by totally unexpected
operational failures in the last decade. Many of these silver miners are not entirely
without geopolitical risks which most investors can live with for the
potentially explosive return. But a risk-averse investor such as me would prefer
investment physical silver bullion as a low risk alternative to profit from the impending
silver price explosion.
 

msog87

Banned
Dec 11, 2011
2,071
1
0
Have not followed Wildcat. If someone asks me for a surest bet to make
big bucks with limited capital in the shortest time possible for retail investors
I would suggest a basket of silver stocks including Silver Wheaton,
Pan American Silver, Endeavor Silver, Silver Standard and MAG Silver Corp.
All of these miners (except MAG) already have good cash flow at current price of
silver. If silver hits $100 the stocks of these shares could skyrocket to the moon.

Having said that I must say that other than a small position in PAA I actually am NOT
invested in any of these silver miners and others. Mining is inherently a very risky
business. Even the venerable Agnico-Eagle was twice hit by totally unexpected
operational failures in the last decade. Many of these silver miners are not entirely
without geopolitical risks which most investors can live with for the
potentially explosive return. But a risk-averse investor such as me would prefer
investment physical silver bullion as a low risk alternative to profit from the impending
silver price explosion.
theres risk in everything. i'm sure 5 years ago those holding AIG or fannie mae never had a clue of what was going to come.
 

turbin

Gold Member
Jan 7, 2002
1,541
15
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Toronto
They should add Nokia (NOK) and Yahoo (YHOO) to the list lol...

2012 is a repeat of 2011 so short term trading with technical analysis is way to go... Buy & hold is out
 
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