China Unicom will be selling iPhones in China starting 10/29. It will offer 32 GB 3Gs iPhone for approx. $1,000 (USD), without a contract. With a contract, the consumer will pay approx $3,000 (USD) over a two year period.
Another big issue – WiFi in China is turned off on the iPhones to comply with government regulations. If I can’t get on the web, why do I need an iPhone again?
For the short-term, CHU is a No-Go for me!
Potential Commodity Futures Trading Commission (CFTC) Rules May Force United States Natural Gas Fund (UNG) to Exit Futures Trading. CFTC’s goal is to limit speculative trading. I’m staying away from UNG right now.
I’m getting close to backup the truck with Bank of America. Load 'em up boys!
NAT @ 28.15 - 13.4% dividend; 12.6 PE;
Watch for earnings report on 11/09 to see how safe the dividend is.
MO @ 18.20 - 7.5% dividend; 11.9 PE;
Do your own homework. Let me know what you find as well ;)
KMP @ 54.45 - 7.4% divident; 49 PE;
PE is too high for me. Yet, Cramer likes it. It is also near 52 wk high, even though i see that as a good trend in this market. I'm iffy about KMP.
T @ 26.08 - 6.4% dividend; 12.7 PE;
IMO, good iPhone sales are saving AT&T. Verizon seem to be going the other way from Apple. As long as AT&T has the exclusive Apple contract, this stock is good. Not a pure "mobile internet tsunami" play though.
FRO @ 22.74 -5.26% divident; 7 PE
I'd try to get in around 21. I really like FRO.
Bank of america (BAC)
20% upside by end of year. It could easily go to $20. It owns the most mortgages, and the real estate market is on the up trend. My level of confidence is Medium.
Position: Long
Unitest States Natural Gas (UNG)
I did my research following Mr Cramer's show last night. I like the UNG play. I went to India in December last year and major metro cities use natural gas for public transportation. It is a proven technology for automobiles and available in abundance in US. Clearly an alternative that will move. The ETF fund is the best way to play it, as the fund is down 40% year to date. I love this play, but it is more long term. With a low level of confidence, I'm expecting a 40% upside by end of year.
Position: Long
Citibank (C)
I've been a long Citibank since it was 2.85. Going long and strong. I agree with Cramer's theory of Citi @ 11 in 2011. I think we get there faster. Long term play to double your money.
Position: Long
China Unicom Hong Kong Limited (CHU)
Did my homework after the mention in Mad Money yesterday. This stock has upside of 33%-50% (can go to $20-$22) by end of year and my level of confidence is medium. It has secured a deal with Apple to sell iPhones in China. However, Apple is talking to other Chinese carriers as well, and it is not an exclusive deal. Expected to launch in Q4.
Position: Long
Please remember to do your own homework.
