Last week was an excellent week. My art was together doing its thing. The day I told myself I would sell out my profit went up to + $20,000, but I was at a major disadvantage because I had no phone to call my broker nor internet to sell out. I finally did get to sell out of my Nov and Oct 07 670 call options both well over 100% ROI in less than 5 days market days. I told myself I’d sit back now before jumping into a new trade. I might take a tiny bit of my profits such as $500 to go through GOOG earnings on Oct 18, 2007. The past 2 years GOOG jumped around $30 if it reported good results so if it was another good year my options should sell out the day of earnings profitably.
My eyes are back on Apple Inc. (AAPL @ $167). I think it has finally maken up its mind to start “moving” again. It is definitely capitalizing in on the iPhone and its monopoly. I am seeing more and more iPhones in peoples hands and personally I want one too! I currently have a Nano iPod and enjoy it very much without any problems. Earnings should be stellar with Apple also taking over the computer market currently staking a 25% stake in the share of all computers sold. Apple is hot right now. I’d like to be options and see it go to $200 price target. This may happen at its next expo in January of 2008.
Lastly the only other company I’m interested in is Sears Holding Company (SHLD @ $142) the retail sales reports scared the stock some, but many factors are coming into play to force the stock up going into major retail selling season. Historically on charts it doesn’t move much after mid-November it looks so I don’t know how much a play SHLD will be, but I will watch it for a trade.
The lady I’ve been interested in is awesome, but I don’t think she is interested in me. Maybe the friend deal? Lame. I got to dance with her at Octoberfest here in Honolulu. I had a blast and wish I could do more with her. I did send her flowers and she loved them for sure. I guess only time will tell if I have a fighting chance at her heart.
As for my trailor park my new manager is doing a great job and I plan to buy some new trailers on the lots to rent out more. The second park is still waiting for appraisals and contracts to be done. I bought a residential lot near Austin, TX for $1000. Its right in a major new and upcoming community with tons of golf courses. If I do retire is that what retired people do? Play golf all the time?
After watching Michael Moore’s “Sicko” I think I’m going to also buy land in Canada, France, and Cuba since the healthcare seems to be great and Cuba buying up Peso’s could be a great investment long-term.
Recently I bought this trailor park and problems are arousing weekly which doesn’t surprise me, but my property manager is starting to annoy me. I’ve been setting up a bank account in the county where the real estate is being held and it has been very cumbersome. My property manager and owner that sold me the property has been emailing me non-stop with gas leaks, dead cable lines, broken AC window units, and needed new flooring in trailors. I don’t like to think of myself as a slum-lord, but I feel most of these problems can be fixed by the tenants and the gas company. Isn’t the gas company suppose to fix gas leaks. It sounds like a problem they need to fix. If the cable doesn’t work or the connection is messed up you don’t fix it the cable guy comes out and since you are paying for it they check it out. I guess in Tennessee everything is the owners problem? I think not. So far I’ve bought a new AC unit, 100 YDs of flooring, and about to have to pay for a gas guy to repair what is sounds like major gas leaks. Personally I’m starting to think my property manager is doing a shitty job and I’m about to fire him because he should be getting the companies to fix their own equipment connected to my trailors. He is doing a great job at telling me all this and I know I need to have the money ready to fund all his property management duties, but is this good property management?
I have another property manager in Virginia that has it much easier because she only needs to deal with one tenant in single family residence, but she always comes up with solutions not to fix the problems. I actually like her style much more. Her downsides are communication. She does not email me. Email is my #1 form of communication and she rarely replies to anything I write her and does not provide a more personally daily checked email. What fascinates me is that she is a real estate agent just like this other property manager and doesn’t search for other properties in the area for me to buy when I’d be giving her the commission.
The positives about the property manager is Tennessee is that he will respond daily by email. Now he might misspell almost 1 word in every sentence he writes, but even I have grammar problems. He kind of writes how he talks in his very westernly-southern accent and it almost worries me. Should I be worried? Is he a person really to trust? Do I really need a property manager who is very educated to run my park successfully? I think the answer is no to most of these answers. So for the most part I trust hes going to get me tenants in and I hope he is going to search for additional trailors to fill the lot. I’ve already went online at OnedollarSigns.com, which offer very affordable mini-billboards signs for effective marketing I feel that will get all my trailors fully rented again. I’m working on getting 6 month leases as a minimum for secured rent. If I can get 10 units rented at $450/month then that is $4500/month cash flow and after expenses I’d net around $3000. So as long as my current property manager puts all my signs along my road frontage and maybe some others near by to collect interest, he fixes the gas leaks, and gets the flooring in to rent the trailor then I’ll be happy even if it costs me a bit more then I want in repairs.
So what is good property management? It could be the way you like to run your properties and that reflecting in your property management. For me I like a property manager that knows what is needed and not necessary. I think it is also what kind of property you are renting. I am renting a “full-service trailor park”. So I am expected to pay all the bills and more, but how much more? I get the feeling my tenants are going to try to find problems so I keep telling my property manager to only cover what we have to or we raise the rent. What are your thoughts?
Lastly, I have received all the Deed of Trust and promissary note on the property and will complete the deal this week.
Well all I’ve got to say to yaw financial blog readers out there ya hear is that my good old trailor park will be a success becomes I’m going to make it one. I’m a proud trailor park owner. Below is a picture of some of my lots of trailors I own that will generate my future retirement with the right plans to help people and help myself. (Click to enlarge picture)
I’m currently collecting enough cashflow to pay my mortgage, property manager, and all utilities.
What I feel I need to do as a landlord and real estate investor is to sell off my trailors as “home ownership” to the tenants to create long-term tenants that will fix up their own trailors over the time they own it and receive a small tax break on their taxes for interest they paid on their mortgage note. Then I’d receive longer-term tenants leasing the land the trailor is own. If they defaulted on their loan I’d foreclose on them and take back the trailor since I’m the bank.
I’d inflate the prices on the trailors I sell on my land to create low enough payments to be more affordable then they are currently renting them for to create an incentive to buy the home they are in. I’d still pay all utilities (water, gas, electricity, cable) as a full service trailor/rv park, but I would not have to pay for upgrading and repairing the trailors saving me a lot of money. I’d also be able to sell my mortgage notes at a discount to investors to earn back my initial investment of $10,000 and possibly a lot more. My goal is to buy 4 more trailors on the 4 empty lots and sell all 10 for at least $10-15k each collecting my mortgage note cashflow plus my land rent of around $200 a lot. If I could pull this task off with my property manager cooperating and on his game I should be able to pull off around a $3,500 net cashflow.
As easy as it sounds it is not in the least. I do understand great costs will be ahead. I am already redoing the flooring in a couple of trailors and some cosmetics to sell them. I’m also paying for better upkeep of the land they are on for better curb or should I say trailor appeal.
I’m hooking up a coin operated dryer and washer to increase my income. I know the tenants will use them and I’m actually considering building a mini-laundry mat on my property because its a major road and there aren’t any near by. I figure if I invested in at least 5 of each washer and dryer and charged $2.00 a load it could be worth building a small structure just for having people come, park, and wash their clothes, plus having my own tenants using them.
I took out a loan and I’m trying to use the least of it as possible. Unless buying more trailors I don’t want to invest anymore then $20,000 into the property because I want to pay back my loan before the payments are due. At the same time I need to create a master plan to make this trailor park a success in a rather small town in no-where Tennessee. There is a lot of traffic daily near my piece of land and many apartments are near it so a small laundry mat could possibly be a good idea to own. Have any thoughts?
In WTVI’s latest press release the company does not say when they will use the $1 million dollars either before or after May 1st at least they have a plan now. A marketing plan that isn’t specified yet its a plan. I wrote WTVI asking them to please specify on how they will use the money whether it be on banner Ads, Google Ads, Overture, Linking, TV, Radio, or Pop Up Windows. I’d like to see their Ads when they come out to build their user database.
Currently at around $.018 to .025 I feel their is support and that is why I bought back some shares back like I planned to do when the stock dropped to a price where I felt it should be at. I would of waited to drop lower, but the price has been bouncing back up anything below $.02 so I purchased today at $.023. Once WTVI starts generating some revenue from advertising (when they get paid advertising) the stock will be worth at least $.10. With a little bit of hype, press releases, new investors buying stock, and growing user base the stock has a likely hood of rising to $.20 cents by May 1st. This is a BIG “IF” the company does aggressively market their website, new users come back to the site to use it again, and advertisers also agree that the wi-fitv.com site will also generate them revenue. Even at $.10 to .20 cents is an excellent profit on any amount of shares you have.
I’d really like to see the companies management come out with with a press release saying they are going to buy back as many shares as possible. It would show that the chairman and employees believe in their own company not just speculative short selling investors. Even if the chairman said he was buying back $10,000 worth I’d see that as showing he has credibility in what he says he is going to do.
Another stock following WTVI’s pattern, but has not been bought up by investors that is generating business currently is CCNG.OB (Charts of it are below also).
Below is Charts of WTVI 55 Minute, 233 Minute, Daily, and Weekly stock chart:
CCNG, a product company, offer collectables for business to business retail and consumer retail (through wi-fitv.com and internet marketing) has started to receive orders. The company has also been in business many years and has recently gone on the pinksheets to grow the company. The currently price of the stock at $.0008 does not reflect the revenue it is already receiving. I estimate the stock to be worth at least $.01 – .05 depending on continued growth, residual orders, and paying off debt. Below are some stock charts of the 55, daily, and weekly.
CCNG.OB stock charts:
Okay so I’m up $45,000 so far in my WTVI trade and the candlesticks are extremely large hitting BB’s and for the past couple of days its been straight upward movement. I’m expecting some type of pullback but I could be wrong. I thought to myself it doesn’t matter if I’m wrong and the stock would of made me a millionaire or if the stock drops to nothing and I regret not selling. So I thought to myself what is $45,000 worth to me? Well the biggest thing that came to my mind is that its one years worth of full-time income at my current rank in the USCG. With that said I immediately got out a dice and said “if it rolls even I’m holding it and if it rolls odd then I’m selling it”. It rolled a five and odd number. I was asking God subconsciously what should I do even though I knew I should sell it. I thought this is the first time I would put greed aside and conquer victory early instead of at the last minute. I feel like I’ve grown up and gone on to second grade with this trade. I ended up selling WTVI at $.047 and made +$38k within the 6 business days I held it. I feel great. I’m not going to regret if the the stock moves higher and higher. $38k to me is a years worth of income, can pay off my car, half of my last mortgage, or use it for a better opportunity down the road. I believe WTVI traded a bit lower, but I don’t even care. To tell you the truth I don’t even want to look up the stock symbol for at least a week so it won’t get to me.
I was actually down -$3200 bucks in an AAPL option trade gone bad which will all expire today worthless. I was told Feb through May are the hardest months to trade and its true. I think what I’m best at is technical analysis, but even that doesn’t work well during these choppy times. Since this trade worked out and I didn’t get over greedy on this 900% + trade I survive another day in the traders world. My account has reached close to my May 07′ goal of $48,000 on my way to $1 million.
I’m not worried about $1 million anymore. I feel so good about just getting out of this trade and paying off my new car possibly in less than 6 months of buying it for $24,000. That my friend is power. I’m putting aside around $10,000 just for taxes and I plan to leave only $2000 in my account to start trading again instead of a higher number just so I dont’ get greedy and buy really big positions that will make me lose quicker.
I feel triumph, victorious, the king of valentines day, and I feel I finally made a real good trade because I was very right about the charts, right buy in price, company hype and selling before actual news comes out, and most of all not being greedy and selling out early.
cheers to me!
Since I started the first discussion and talked about how I saw the stock price slowly rising for WTVI by chart technical analysis others have came out posting too. I’m glad more discussion is being done on the company since its only blog site
does not allow investors, interested parties, or a simple reader reply back to any of the blogs posted. It says “team members only” meaning sales associates in a nutshell. I think this is pretty lame. If you are going to have a blog for your company anyone and everyone should be allowed to say what they want professionally. I suppose even Wi-fitv.com can’t stop finance.google.com or my stock market blog. They should offer universal blogging on their site.
So far since I bought WTVI.PK off only technical analysis I was right about the MACD, DMI, and buy momentum. Someone has quoted it being at $.05 by Friday and I think that is a good possibility. I’d rather it move up slowly, but if it turns into a bust after Feb 19th then I think many of these shares will be sold off. But if Wi-fitv.com is even a bit realisitc about updating its site format, uploaded videos for channels, and marketing the site the stock will definitely see spikes in the price which is good for me =). I would of not bought this company not even accepted if for $0 because the site didn’t even make me want to stay on it. Nothing interesting, no online members, and all the channels were so boring and ridiculously not realistic for a “tv show”. Usually when you pay $25,000 for a channel you have a tv show format and you try to make your audience keep watching, but this was definitely not the case on these channels.
Wi-fi wireless technology is booming and video on demand over the internet is increasing with major growth so wi-fitv.com is right to say they are in the right spot for explosion. Here’s a recently I read backing wi-fi wireless technologies full strength and some companies you might want to take note in. Scroll down to where it talks about wireless technology and backbone companies. Click here for Yahoo! Finance article.
Let me know your thoughts if you have any new news on the company or if you think it has a fighting chance and why.
2007 Stocks picks were easy to pick out at least from charts. 2006 stock picking was difficult because many of the stocks I was watching at the time traded very choppy and with the drop in May 06 to Aug 06 it caught many investors off guard. You could of threw a dart at any stock in Aug 06 and would of received excellent profitable returns on it. Last year this time Google flew to a new high then tanked. The second half of 2006 market has been very bullish that thinking the bears are hiding around the corner isn’t a possibility, but they are! At least I think so. I think some older stocks like Amazon.com are going to fly higher again while stocks that have been in the spotlight for a long time like Google.com, Sears Holding Co., and Apple Computers are going to fall the hardest at the top of their game. This is option investing so this is why I am interested in stocks that could fall hard meaning big profits and also pick stocks that I think will also go up in price.
[For my own practicing I’d buy these Call/Put options today at the current stock price as if I was for real. I will go over my top picks 6 months and 1 year after today to see if I was right about the direction of the stock or until I am happy with my profits. These Calls/Puts will be used on my 2007 best stock picks for trading options. (To make it easy I will buy 10 contracts (1000 shares) for each Call and Put) I may be incorrect during the short-term on these fluctuating stocks, but for the long-term before the end of 2007 I predict the following most profitable.]
2007 Top stock picks for Call Option Trades: (Meaning I believe these stocks will trade higher)
iShares FTSE/Xinhua China 25 Index ETF (FXI @ $107.65) 1/3/07 hit $118 +10pts
FXI ETF Fund has been extremely strong in strength closely following our market trends but includes over 90 companies held in China that are growing with China’s economy. Big uptrend solid on all charts. Plus everyone knows how fast China is growing and with this ETF you own the companies that are receiving the profits. Possible dips but strong on uptrend.
Amazon.com (AMZN @ $39.80) Would sell. Weak around $38 1/12/07
I predict Amazon.com Co. to head north to $60 or close to this price level because solid earnings, increased profitability and revenue, and buyers are finally interested in the stock again. Yearly trends are forming into an upward trend. Two upward peaks have already happened. Amazon.com is a great place to buy theses off of. It has everything and consumers come back. If you look back at strong sales growth in AMZN when it does well the stock jumps and heads higher for months until the profit taking begins. AMZN is undervalued under $40.
Chipotle Mexican Grill, Inc. (CMG @ $56.25) 1/12/07 hit $58.20 +2pts
CMG is a new company and does simular family-like resturant but hip like Apple Bee’s and TGI Friday’s. Delicious food turning into a delicious stock investors are eating up. Although I feel $56 is actually high, CMG is setup to go higher and has a strong IPO trend. I see CMG moving to over $60.
Research in Motion (RIMM @ $127.62) 1/8/07 hit $142 +15pts
RIMM has been having an outstanding year with AAPL and technology sector. Robust profits and keeping market share. It has been pulling back, but trends have not been broken. I still am confident RIMM will hit back up to $140 then to $160 before it either has a stocksplit or falls from an “okay” quarter.
2007 Top stock picks for Put Option Trades: (Meaning I believe these stocks will trade lower)
Google.com (GOOG @ $458.00) Wrong about GOOG. At $455 it bottomed out. 1/12/06 hit $505 and rising. Buy with current uptrend going into earnings.
Google.com may goto $600, but indicators are showing it will go below $400 price level first. Google is loosing its fame and fans and the stock is being sold off.
Sears Holding Co. (SHLD @ $166.63) Also wrong about SHLD 1/8/07 bottomed at $165 now hit new year high 1/12/07 at $177 +10pts up and rising with strong retail sales. Buy going into earnings.
Chart indicators show a “Black Cloud” hovering on the top showing weakness in buying. Could be a large move downward into the $130’s.
Apple Computer (AAPL @ $81.51) Half correct so far about rising to fame with the Mac Expo going as high as $97 1/10/07 +16pts wait to see after earnings and what happens to CEO Jobs for options probe.
Apple Computer has shown the most evidence after earnings in January to come down. I think this year for Q1 Apple will have a great year, but investors will be selling while they are having a great year. Although I think short term into earnings Apple should perform well back into the 90’s, which hasn’t happened yet -10pts within the past 2 weeks I believe AAPL will have a rise to fame then crash and burn to around $65 support price in Feb-Mar 2007. Yearly charts are lined up to go down hard, but up short term on oversold stock. For the most part it seems most stocks are lined to sell off in 2007.
2007 Wild Cards – The Steel and Oil Industry could go either way. I predict the following.
OIH Oil Holdings (OIH @ $140.00) 1/11/06 hit $126 low +14pts on a PUT play, right, but maybe bottoming out to go higher with low $51BBL oil could rebound. I’d buy Puts at the moment and once the price lands around $120-130 I’d rebuy Calls. Charts currently show selling off. But big trend shows oil could be getting a lot more expensive very soon.
Nucor Corp. (NUE @ $55.54) 1/12/06 hit $56. Seems bottomed out and cratering to the upside. Earnings Jan 24. Never went lower then $54. I’d buy Puts at the moment and once the price hits $45 rebuy Calls. Downtrend currently, but long term steel could get more expensive very soon.