Entries by Michael Bigger (271)

Thursday
Jan142010

Very Good Vibes From John Duerden, CEO of Crocs. $CROX

The CEO made a presentation at the 12thAnnual ICR XChange Conference on January 13. He sounded very upbeat. You can access the presentation at http://bit.ly/6YrbcO. Here is the pdf version http://bit.ly/6UwpDY. I have the audio file for anyone interested. Let me know

Here are some of my Crocs tweets:

 

 

 

Wednesday
Jan132010

Gerald Rubin, CEO of Helen of Troy, Said this $hele

This is what Gerald Rubin, CEO of Helen of Troy (HELE) had to say during the earning conference call (full transcript: Source Seeking Alpha:  bit.ly/8hh1ZD )

"Looking ahead to next year [we believe] may be the best year for sales and earnings in our 42-year history. I now would like to turn our conference call over to Thomas Benson, our CFO, for the financial results."

"December actually turned out to be a very good month for us."

"If you look back at our history several years back we did have earnings of $2.35 per share and sales were certainly a little lower. They were in the $500 million level. We are doing much better than that and as I mentioned we expect to beat the $2.35 in order to have the best year ever."

When you add these comments to this chart, it is starting to look like HELE might break out finally: Larger image @ http://bit.ly/64n8jv

 

 

 

Tuesday
Jan122010

Managed Accounts Providers List in an Open Google Document

Here is an open Google Document that contains a list of Managed Account Providers. Feel free to use the file as you wish. You are welcome to edit this file and add other providers.

Monday
Jan112010

The Value of Building a Broadcast Station for Investors and Traders #trading $$

Yesterday, I had an interesting exchange with Jim Gobetz, a trader, who runs a terrific show on StockTwits TV at 8:30am Monday, Wednesday and Friday. He tweeted that he had been wrong regarding $UNG. I replied to his post that I had been making money trading $UNG back and forth using the acc/dist algorithm from Interactive Brokers. That led him to my blog. While reading my blog he reported that it was unclear as to when I launched Bigger Capital. Since I am French Canadian with poor English writing skills that feedback is priceless. I quickly corrected this issue and thanked him for the input. Connecting with smart and generous individuals like Jim is very valuable.

This story leads to the value investors and traders might gain by building their own broadcast station.

Broadcast Station: There are some pretty smart analysts, investors, and traders out there. Some of these folks are downright generous when it comes to sharing ideas, discussing issues, and reporting events and breaking news. They think out loud. Wouldn’t be cool and profitable if you could connect with them and expand your financial knowledge and market intelligence?

You can bond with these individuals using social media tools. One smart way to get started is to broadcast to the world what you have to say that is relevant and worthwhile. Think out loud. Like ants finding the pheromone path to the source of food, smart people using web listening tools will pick up your messages and want to connect with you.

Here is a sampler of the tools Bigger Capital uses to initiate conversations with like-minded individuals:

Twitter: Tweet your short messages. Add a $ in front of any ticker you discuss or a # (hashtag) in front of a topic. Develop a valuable group of followers.

StockTwits: stocktwits.com is a community of traders tweeting in real time about stocks, currencies, commodities, etc. StockTwits TV showcases some smart traders discussing trading strategies. Listen to them and learn how they go about it. Follow the ones you find interesting on Twitter and start a conversation with them.

Blog: You are media. Start a blog today using WordPress or Google’s Blogger. It is free and it only takes a few minutes to set up. Initially, if in doubt, view your blog as a scrapbook where you save ideas, etc. If your posts offer value, people will read them.

Facebook: You are most likely using this application. Join financial groups, write status messages relating to the market, etc.

Communities: Google “Financial Forums” and join the ones focused on a topic of interest. Get involved, participate, and start discussions.

Go out there and broadcast your insights to the world. Remember, it works both ways. Broadcast, listen, and initiate conversations.

Saturday
Jan092010

UPS and Fedex Cockroach Theory: Tweets Recap $UPS $FDX

Friday
Jan082010

Barnes and Noble's Pathetic Online Results $BKS #Nook #Kindle

"Barnes & Noble.com sales increased 17% for the holiday selling season and totaled $134 million. Barnes & Noble.com sales include nook™ revenues recognized since the product began shipping after Thanksgiving." Source: BKS' press release 1/7/2010

17% growth on a $115 million sales base and all that while the company introduced its supposedly hot e-reader. That is pathetic. But management is pleased. You must be kidding me. BKS can do much better but I doubt it can. Am I wrong on BKS? If so tell me why.

 

Friday
Jan082010

Winning the Battle against your Financial Content Feed

Do you feel crappy financial content overwhelming quality content in your internet feed such as Google Reader leaving you bewildered? If so, you might want to sift through the content on your browser and forward the quality feeds to an ereader such as Kindle. I found that if I forward the good stuff to my Kindle, which I can read while sitting peacefully with the single purpose of reading to gain meaning about money making ideas, I get more from my reading.

The following three applications are designed to make the transfer a breeze.

1. Instapaper, www.instapaper.com
2. ReKindleIT, www.rekindle.it
3. Calibre, www.calibre-ebook.com

I use ReKindleIt extensively.
Thursday
Jan072010

Helen of Troy (HELE) Call Trade $HELE

HELE dropped from $25 to $23 on 1/6/2010. We tried to buy 1,000 HELE Jan $25 Calls but got only a fraction of this quantity. The stock rallied to $24.40 today. Earnings will be announced on Monday 1/11/2010. We expect (or hope) the stock to finally breakout on the upside. What do think? Any other stocks setting up like HELE?
Larger Image with explanation of the trade: http://bit.ly/75iEKu

Wednesday
Jan062010

These Ugly Crocs Shoes, They are Selling ($crox)

Get over it! Crocs are not a fad. There are true Crocs fans out there and they will continue buying the shoes year in, year out.

Amazon.com Announces "Best of 2009" Lists

“Shoes and Handbags (Amazon.com and Endless.com): Crocs Cayman Sandal”

Amazon.com Announces "Best of 2008" Lists

“Shoes and Handbags (Amazon.com and Endless.com): crocs Cayman sandal”

“Most-Loved Products in Shoes and handbags (Amazon.com and Endless.com): crocs Athens Thong Sandal”

Some of my other Crocs posts:

Misconceptions about Crocs: http://bit.ly/6wQ0qb
Crocs Third Quarter Inventory update: http://bit.ly/7NWNeu
Crocs Pre Bookings Wholesale Spring and Summer 2010: http://bit.ly/8hkP75
Finding Winning Consumer Products and Investments: http://bit.ly/8HfWzk
Getting my Hands Dirty with Crocs (CROX): http://bit.ly/7JNx6c

Source: Amazon.com

Tuesday
Jan052010

The Power of Algos

Bigger image at http://bit.ly/6OI2dQ