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Wednesday, December 15, 2010

Joy Global trounces estimates!

Joy to the World! Another gift, from my Christmas stock!

So JOYG beats numbers. Was there any doubt? Was there any surprise? I guess there was--but only on Wall Street---and not here!!

Because isn't this what I advertised on November 19th???

So how do you deflect that talk? How about have good earnings on December 15th, or how about selling yourself to somebody else??

As usual--truth in advertising!!!!

And free money again from the sheeple on Wall Street!!

9 comments :

Anonymous said...

http://www.hototc.com suckered me out of a ton of money. What these guys do is scam people out of their hard earned money

Anonymous said...

great call!...whats going on with LVS?

Palmoni said...

Sands Macau isn't going down--so LVS corrects almost 25% because of some nebulous news in Macau?

It's just the boys jerking the stock around. When will it bottom? Maybe today--but the play on this number will be the February options--which you'll see next week.

Anyone that wants to play LVS to the upside via options has to take the Jan or March calls--I think th eplay is in the February's..

This market is totally donimated by the action in the option pits versus the stocks.

And that's what I see here.

Anonymous said...

what was the info on Sand Macau?

would you buy the stock?

Anonymous said...

are you holding or selling joy...you once had a 98 price target?

Anonymous said...

http://www.hototc.com suckered me out of a ton of money. What these guys do is scam people out of their hard earned money

Anonymous said...

NYSE:V

Anonymous said...

VECO UBS

Some China uncertainty; Korea returning
␣ Some concern over changes to China’s LED subsidy program is warranted We believe Veeco’s stock has traded lower on concerns that China’s LED subsidy
program may end early according to a story in the China Business News. We note Jiangmen City and Yangzhou City (2 biggest programs in China) have always made it clear their 2-year LED subsidy programs which began in 3Q09 would have 3Q11 end dates. We did not change our Veeco EPS estimates just because Yangzhou City may end its program 1 month early per the China Business News.
␣ Expect continued speculation over a new Chinese LED subsidy near term Our discussions with 4 of the major customers in Yangzhou City found none are rushing to place orders by a 7/1/11 deadline or installing. However, customers believe details on China’s 5-year plan in 1H11 could see the LED subsidy change from equipment to applications which we still believe is a long term positive for Veeco. While Veeco’s q/q order growth was due to China orders in 2H10, we believe Korean orders resuming in 1H11 is a key reason to keep a Buy rating.
␣ Korean customer equipment orders from Veeco likely resume in 1H11 Our checks found LG Innotek (Veeco’s #1 Korean customer) will spend KRW 194B (about $170M) in capex in 1H11 which we estimate is at least 30 MOCVD reactors ($75M in sales for Veeco). We view this as a positive inflection point as Veeco’s Korean customer orders were $0 in 3Q10 and 4Q10. We also expect Korean orders for Veeco’s new MOCVD tool could also be a catalyst in 1H11.
␣ Valuation: Maintain Buy rating and 12-month price target of $54 Our PT is based on 10x our cross-cycle EPS estimate of $4 plus $14/sh in net cash.

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