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Gold/Mining/Energy : Big Dog's Boom Boom Room -- Ignore unavailable to you. Want to Upgrade?

To: chowder who wrote (102441)	6/10/2008 11:17:49 AM
From: Think4Yourself	Respond to of 206325

I still have him bookmarked, in case he ever started posting again. He recently has. Judging from all the recommendations of his posts he is as useful as ever. Member 7810642

To: chowder who wrote (102441)	6/10/2008 11:26:25 AM
From: kollmhn	Respond to of 206325

Funny how things can work for one person and not another. TMAR was a nice winner for me because I played that from the short side. My other bankruptcy plays gave me the fortitude to outlast the short squeeze that took place just before it went tits up.

To: chowder who wrote (102441)	6/10/2008 11:38:01 AM
From: XoFruitCake	Respond to of 206325

"Things got too personal here. People were more interested in his personal life than his knowledge of the energy sector. It was time for him to move on." I remembered differently. I think the initial pump and then later dump operation (after he met with CFO of the company?? and later things started to turn ugly) turn off a lot of people. I didn't get burn on the PGO but I did follow the saga.

To: chowder who wrote (102441)	6/10/2008 2:07:23 PM
From: Umunhum	Read Replies (1) \| Respond to of 206325

Anyone remember the boats? TMAR was one that cost me. TMAR cost me about $80,000, about half the money I had at the time. And yet I am so thankful that I invested in that company. I subscribed to Dorsey's Breakthough Stocks or something like that in 1998. He would fax me his hot picks every week. He recommended MRL and TMAR and I went heavily into them. A month or two later when the margin calls started coming in, I didn't know what to do. I started researching to see if I should answer the margin calls and found the Strictly Drilling thread. I hated Kollmhn initially because he kept bad mouthing the stock. I eventually ran into the Matt Simmons Paper Barrel speech and posted it on the Strictly Drilling Thread. I must have read that speech 25 times hoping that what he wrote was correct as my life savings was at stake. I then flipped everything into FLC thinking that the rigs would recover before the boats. One of the best and hardest things I ever did was taking that loss on TMAR. I bought Colin Campbell's book "The Coming Oil Crisis" and that was all I needed. I looked in vain for books on how to trade commodities and couldn't find any, so I self taught myself. I also looked for books on how to profit from Peak Oil and couldn't find any for years until Stephen Leeb's book on "How to Profit from the Coming Oil Crisis." I wasn't that impressed with the book. I think my strategies have been far more profitable. My greatest day of trading: Message 23488480 $500,000+ of profits from that day and counting. I believe I'll make well over a million before I close those positions. I am controlling 50 contracts but I only bought 1 or 2 a day. I waited so long for the 2013 to come out because at the time I thought peak oil would be here for sure by 2012 and I wanted an extra year just in case. And then they brought out the December 2013, 2014, and 2015 the same day. I hope some other people on this board followed me into the commodity market. I've been posting about buying futures since 2004. The greatest trade I ever read about was Jim P purchase of 800,000 of RRI. Mike Buckley and Uncle Frank posts about QCOM being a gorrilla have to be up there too. Quite a few posters on the Gorilla Game thread went 100% options on QCOM as it went from $40 to $800. I think most of them ending up losing most of their gains though believing in the "new paradigm" for tech. One of the worst things I ever did was read teddy's posts on the Strictly Drilling thread about Global Crossing. Big Dog said that he was a genius so I started doing research on GBLX and found all kinds of information and video conferences about how the stock was going to $500. George Gilder calling it the stock of the Decade and all my friends telling me to buy tech made me go heavily into it. It was a good lesson though because now that I have serious money, I shy away from story stocks. Cash is king and I like to buy cash flow now. The producers are going have phenomenal results in July and the stock prices are not reflecting $130 oil.

To: chowder who wrote (102441)	6/10/2008 2:38:03 PM
From: James W. Riley	Read Replies (2) \| Respond to of 206325

I don't know who pissed JimP off but I apologize for them anyway. He was a valuable contributor to this board and I miss his insights on energy. I also miss Diana g and hope she posts again. I'm a member of the POGO club. Valuable lesson learned.