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  #1  
Old 03-14-2007, 09:23 AM
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Question If I wanted to invest just a $1,000 on one stock

What would you suggest?
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Old 03-14-2007, 09:32 AM
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Considering your gambling history and love for it like myself may I suggest a new casino stock....MYRA.OB

Dr.Jack, Tunica is 25 minutes from my house in Southaven and a friend of a friend told me a couple weeks ago that the lease on the land has been signed on this one.It could go belly up but I bought a few thousand shares for sh!ts and giggles. Most casinos make money as we well know. ;)
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Old 03-14-2007, 09:34 AM
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How is the Tunica area? Was it hit in the hurricane?
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Old 03-14-2007, 10:14 AM
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you should find something that is trading a little below what it should be according to its value and put it there, make sure you don't get in to something with a really high P/E, cuz you won't make anything off of it most likely. although i recommend against putting it all in one stock...diversify
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Old 03-14-2007, 10:16 AM
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Originally Posted by rjb1816
you should find something that is trading a little below what it should be according to its value
Any examples or recommendations?
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Old 03-14-2007, 10:21 AM
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Quote:
Originally Posted by Dr. Jack
Any examples or recommendations?

i usually do some calculations to see where a company's price should be and what its trading at...I will look around at work today and come back with a couple. you looking to buy a lot of shares or just whatever the best return will be?
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  #7  
Old 03-14-2007, 10:22 AM
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Quote:
Originally Posted by Dr. Jack
How is the Tunica area? Was it hit in the hurricane?

Dr.Jack we have these casinos presently in Tunica

Grand Casino Tunica
Gold Strike
Fitzgeralds
Harrahs
Horsehoe
Ballys

The area that was hit by Katrina was about 6 or 7 hours south of us.Tunica is in good shape.The casinos here are on the Mississippi River on barges.
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  #8  
Old 03-14-2007, 10:26 AM
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I would invest it in an exchanged-traded-fund based on your risk tolerance.
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  #9  
Old 03-14-2007, 10:28 AM
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Quote:
Originally Posted by rjb1816
i usually do some calculations to see where a company's price should be and what its trading at...I will look around at work today and come back with a couple. you looking to buy a lot of shares or just whatever the best return will be?
No plan RJB - Just considering throwing something small to try out and to generate some talk
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  #10  
Old 03-14-2007, 10:28 AM
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Quote:
Originally Posted by Rookie Pix
Dr.Jack we have these casinos presently in Tunica

Grand Casino Tunica
Gold Strike
Fitzgeralds
Harrahs
Horsehoe
Ballys

The area that was hit by Katrina was about 6 or 7 hours south of us.Tunica is in good shape.The casinos here are on the Mississippi River on barges.
Okay very cool. I like this idea and will look in to it. Thank you
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  #11  
Old 03-14-2007, 10:29 AM
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Quote:
Originally Posted by NY Mane
I would invest it in an exchanged-traded-fund based on your risk tolerance.
I don't know much about this stuff and not sure what this means
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  #12  
Old 03-14-2007, 10:35 AM
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ETFs are portfolios of stocks, bonds or in some cases other investments that trade on a stock exchange much the same as a regular stock does. An ETF is a basket of stocks that reflects the composition of an index, like the S&P 500 or the Nasdaq 100.

Dr Jack, for example...if you wanted to invest money in a gold stock but were afraid that you could lose your whole investment if that particular company did poorly, you could invest in a gold ETF.

The gold ETF could include 100's of gold companies in that 1 share of ETF. You spread the risk.
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  #13  
Old 03-14-2007, 10:38 AM
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Ok I think I get it. Thanks MAne
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  #14  
Old 03-14-2007, 10:45 AM
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i would invest in chkp or nice right now, both are undervalued and have room for a run up
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  #15  
Old 03-14-2007, 10:55 AM
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couple of my favs right now....

NENG (this should see 2.75 by summer) .......2.12/share

IMOS (very undervalued)

COH (solid company)

C (safer stock/good dividend)

**Those are just a few, good luck Jack.
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