Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: bentway who wrote (436481)	11/24/2008 4:34:41 PM
From: tejek	Read Replies (1) \| Respond to of 1573950

I stuck with MDR and bought some WG, both have more cash than debt......that's my new mantra........those that will survive after the debacle to live another day. <g> Near the close I bought some DXD when it got to its 50 DMA.......I thought the selloff was pretty pronounced at the end of the day and DXD usually bounces off its 50 DMA. Meanwhile, I did a screen over the weekend looking for stocks with good cash to debt ratios. Here are some I found: FWLT, MDR, CIEN, SNDK, RTI, WG, SGR. Please note that FWLT, MDR and SGR are all infrastructure stocks......a good bet under the Obama regime. Some others that I thought were interesting but not as good.......where cash and debt are to the minus side of equal but not too far off: AKS, LPX, AXL and TCK. I find AXL and TCK particularly intriguing. AXL is an auto supplier hurt by GM's problems and likely to recover quickly on any GM bailout. TCK is a copper/zinc/coal/platinum etc miner that was making money hand over fist this year. Had a huge selloff because they decided to buy other companies and incur huge debt just as the commodities market tanked in July. Mgmt sounds pretty strong and is working hard to reduce the debt its incurred. I think its one of those you buy and tuck away. Some ETF shorts going forward: QID: technology TBT and PST: bonds SDP: Utes SKF: Financials I think these are the best ones on which to make money going forward although some are claiming the financials have bottomed with the bailout of C. What do you think?