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!!


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 once had a 98 price target?

Anonymous said... suckered me out of a ton of money. What these guys do is scam people out of their hard earned money

Anonymous said...


Anonymous said...


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.