Any stock traders here?

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Andrew

Andrew

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Jun 24, 2006
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Ok, so I am researching this company Marchex (MCHX). This company paid $164 million for domainer Yun Yee's portfolio. I have been looking through the balance sheet and stuff.. they have great revenue, but what the hell is going on? Some of the founders this company hardly own any of the stock, Peter Christothoulou owns 25,000 shares, which is like $393,000 -- he's sold off a bunch. Other top guys, Russell Horowitz, John Keister, and Ethan Caldwell own nothing notable. This company looked promising, but after reviewing all of this stuff I am not really impressed.
 


I do options.

When the insiders buy their own company stocks, you know it gonna go up. If they sell,.......... something smell fishy!
 
MCHX 6 month chart doesnt look that good. How long ago did you pick it up? the good news is it might be setting up for a bounce off that 50 RSI line.

I daytraded for about a year but after seeing a few friends get burned I figured I should go for something safer and come back to this when I'm older. Sold out of pretty much everything, but I still have a long term position in AAPL that' I'm holding from 55 :)
 
AAPL looks like a good candidate for a short, not everyone is going ot buy their 4th iPOD + stock option scandal.
 
engaged said:
AAPL looks like a good candidate for a short, not everyone is going ot buy their 4th iPOD + stock option scandal.
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the stock option scandal is nothing major, and the stock price has already factored it in.
but 4th ipod is so-so. and the stock has went up 20 pts in the last few weeks so Im not sure how much further it can go. Im going to exit out of my position sometime this week and possibly short it.
 
Not that I pretend to know much about these kinds of things, but I think you've already hit the "warning button" on this one:

Some of the founders this company hardly own any of the stock, Peter Christothoulou owns 25,000 shares, which is like $393,000 -- he's sold off a bunch. Other top guys, Russell Horowitz, John Keister, and Ethan Caldwell own nothing notable.
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If executives aren't wanting to own the stock, why would you? I find management ownership of non-awarded shares to be the #1 indicator of management competance.
 
BNWFinance said:
If executives aren't wanting to own the stock, why would you? I find management ownership of non-awarded shares to be the #1 indicator of management competance.
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Would this qualify Google? Not 1 insider purchase, enough shares sold to fund a medium-sized country.
 
Andrew: Does seem odd more insiders don't hold shares but executives sell their shares for various reasons. Since you have more knowledge of the industry than most investors in this stock they probably don't understnd the value of Yun Yee's portfolio. Because you don't seem to like the stock after looking into it more it could be better to your peace of mind to stay away. That said, you can always buy cheap options or limit your downside with a stop loss.

Pearz76: Since you do options what do you think of the Lucent Jan 07 $2.5 calls (LUAZ)? Seems like a good deal if you can get them for .10.

Note, I'm no expert but I do follow the market a bit. Good luck with what ever you do.
 
You would reap the most profit by investing in domains yourself, not by investing in a company that invests in domains..
 
I doubt many here could get into a decent hedge fund because most of the better funds are fully funded before they even start trading. Not to say there isnt any but finding a good fund is pretty tough without help.
 
tangem2 said:
I doubt many here could get into a decent hedge fund because most of the better funds are fully funded before they even start trading. Not to say there isnt any but finding a good fund is pretty tough without help.
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That too.
 
Have not bought any of it, I was looking at it considering buying it.

stanley said:
MCHX 6 month chart doesnt look that good. How long ago did you pick it up? the good news is it might be setting up for a bounce off that 50 RSI line.

I daytraded for about a year but after seeing a few friends get burned I figured I should go for something safer and come back to this when I'm older. Sold out of pretty much everything, but I still have a long term position in AAPL that' I'm holding from 55 :)
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Jon said:
Stocks are for pussies, invest in hedge funds.
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I don't personally know much about hedge funds. But I read just yesterday that the only people to get seriously rich from hedge funds - are hedge fund managers.
 
Chromate said:
I don't personally know much about hedge funds. But I read just yesterday that the only people to get seriously rich from hedge funds - are hedge fund managers.
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Being a hedge fund manager is the best paying job in the world.
 
Chromate said:
I don't personally know much about hedge funds. But I read just yesterday that the only people to get seriously rich from hedge funds - are hedge fund managers.
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Not true at all. For years my family has been investing in them heavily, and I know for a fact, from all the talks I've had with my father about it, that they've made a ton of money from it. I don't doubt that the managers make a lot of money, but that's because they make money when you make money. Their fees are miniscule compared to your overall payouts.

There is one hedge fund manager I've met at one of my fathers ground breakings in the Wall Street area, and he banks over $300M a year from commissions.

One of my brothers just turned down an internship for a big manager so that he could continue his summer job in real estate development (another huuuuuuge industry for investors). We'll see, maybe he'll wisen up and go back to the finance world where he belongs.
 
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