Tuesday, November 28, 2017

BitCoin Rewind 2013 : What Is A Bitcoin?

Monday, November 13, 2017

Equities Research Removes Overstock From Buy List: Drops Coverage

This Bull is Giving Up
Over the Summer I read an article about Overstock (NASDAQ OSTK: $56.30) at ZeroHedge.  I learned more about the ICO space after visiting the Securities and Exchange Commission web site and thought that Overstock was on to something and appeared to be a first mover in the blockchain technology space. In late August  Overstock reported their quarterly financials that were not that impressive and I didn't find the stock overvalued to be a short pick nor did I think it was so cheap that it was attractive to be a long pick. But after reading the Conference Call transcript and hearing more about the ICO space, I thought it would be a good idea for my subscribers to  speculate on and I added it to my August 25th Long Idea List for subscribers and wrote in my note that I thought shares could fetch over $100 if it could get caught up into the ICO euphoria.
Well within 3 months the shares have skyrocketed up nearly $37.00 for a 188% gain.

This past week on the World Wide Web, specifically Twitter, Overstock has erupted into a Bull/Bear battle. I avoid battle ground stocks and have decided to remove OSTK from my buy list and suggest my subscribers take profits and that I will no longer be covering this ticker.
I may be very wrong and the shares may go to $100+, but I would rather be conservative and safe, it would be horrible if the shares returned to the teens and subscribers end up not making a dime.

The company does not have that many shares outstanding and with a large short interest the shares can really fly but I would rather stick to fundamentals and avoid this hot story.
Check out this chart from StockCharts.com for OSTK

Visit StockCharts.com to see more great charts.

Friday, November 10, 2017

Equities Research Long Stock Picks Up 84% in 10 Weeks!

November StockPicks are out. If you never subscribed, you should order picks today. Longs/Short Picks. email thomasrenna@gmail.com now!
If you been following me and never subscribed to my Picks , you should really subscribe today. $`500 for this month's list of long and short picks.

Equities Research Long Pick OverStock Up $30 in 10 weeks
Long Picks from Aug 25th

Short Picks From August 25th 

Equities  Research Back to School Picks
August 25, 2017

*Retail Investors $500
*(retail investors only receive Company Name, Ticker and Price Target)

Long Pick:   
Overstock (NASDAQ: OSTK) $19.50  
price target: $100.00+

Overstock the ICO “pure play”

Nathan's Famous (NASDAQ: NATH) $56.00
price target; $70.00

Price Target L/T $125.00

Short Pick:
Titan Machinery (NASDAQ: TITN) $16.00
price target: $7.50

Caterpillar (NASDAQ: CAT) $115.00
price target: $86.00

CONN's (NASDAQ: CONN) $19.75
price target : $9.25 

In 28 years I have made many outstanding picks, here are some of top short ideas

December 2013: Short Conn $78
July 2016 : Short Noodles $10
February 2013: Short Stratasys $86
April 2015 : Short A. Schulman $48
February 2013 : Short Titan Machinery $28
April 2012 : 
Short Chipotle $440 on mentioned in CNBC clip

October 2014 
Long Recommendations (from Stone Interview)
Tom Renna: I’m bullish on social media and believe it will be the hottest sector for several years. The Global X Social Media ETF (SOCL), which consists of a basket of social media stocks such as Facebook, LinkedIn, Yelp, Zillow, Groupon, Pandora, Shutterfly and top sites like Google and Yahoo, is definitely a place to invest your money. It’s just under $20 a share and every investor should own it because it will be worth $100 a share in five years.

Thursday, November 2, 2017


The top five largest  public companies based on market capitalization have gained over $1 trillion from October 31,2015 thru October 31,2017.