Hello all of you out there in blog land - part 2


Hello all of you in Blog land. Here at Rob the Markets Blind, I also take the position of writing about the fun and enjoyment of  the 'treasure hunting' at garage, estate, thrift, and stores looking for bargains that can be resold for a gain. At this point in my life, unlike other blogs of this type, I do it for fun and amusement. In the years ahead when I retire, I might do it for profit. How it's just a fun hobby.
It's just purely amazing how one's junk is another's treasure or need. 
Do you sell purses on Ebay ? 
Hey you cats out there, did you jump on the sale at AAPL,



Winning is grabbing momentum, profiting from it and then releasing it

A winner must be willing to  embrace change and  welcome challenge. The biggest “fear,” if there is  one, is not of the unknown, but of becoming complacent and stagnant. An environment of change and even uncertainty can energize a mentally strong person and bring out their best. 

A winner is willing to take calculated risks. This is a different thing entirely than jumping headlong into foolish risks. But with mental strength, an individual can weigh the risks and benefits thoroughly, and will fully assess the potential downsides and even the worst-case scenarios before they take action

   Apple cash horde, finally spending some of it
The Daily Log

As followers of this blog knows, I tend to write about estate sales from time to time.
I plan to write stories about my finds and gains on  this on a more frequent basis from this point on.

Wednesday - May 14 - Finding items to sell online (Ebay and/or Amazon)

Youtube and a number of other sites can tell you where to find things to sell online on Ebay or Amazon. Hey, I think you already know what the basic ones are: Estate sales, garage sales, auctions, thrift stores, your attic or basement.

I'm going to tell you one who haven't read about anywhere on the net.

Here's the story.

I was coming home from work one day and on the way home, there is this half price book store I like to visit from time to time. The book store has an area where one can bring in books and reading material and sell them to the store. I was near that area when a man and lady approached the area with items to sell to the store. I was curious on what they might get and came within hearing distance. It appeared that they could not make a deal with the store. The elderly lady saw me watching and then wandered over to my area and asked if I was interested. I said yes and we went outside to their vehicle to discuss. One thing I bought was a set of 17 pristine Life magazine books. I was aware of one of the covers and could recover my entire cost if  I sold that one Life magazine at the going rate. More importantly, I asked how they got their material. The elderly lady told me she was a cleaning lady and gave me her card. She said she would find things at the homes she was cleaning that your clients no longer wanted or let her have. I told her I like to buy vintage and old items. I worked out a deal where she and I will contact each other as she comes across items to see. The bottom line is that I have a source who can 'find' things that might not be available at the retail or garage sales I go to.

Catching Fire stock action today. Sold PCLN and MGM.

Monday - Tuesday (May 12-13) leftover

As followers of this blog knows, I tend to write about estate sales from time to time.
I plan to write stories about my finds and gains on  this on a more frequent basis from this point on.

After work today (Monday) , I headed for a thrift store (Savers) to take a peek to see what was available prior to Tuesday discount day. On Tuesday, items are discounted 25%  and Tuesday is one of my off days from my regular job. I planned to scout the items Monday and then come in Tuesday morning and make purchases on possible finds.
I didn't see much. I always look at the art painting first. I didn't see anything that caught my eye. I then scanned the shelves and didn't see anything in particular until right in front of my eyes, as if it just popped out of nowhere, was a still-in-the-sealed box like new radio operated 1/20th race car model. I immediately took my smart phone out and called out the specific car model type on my voice operated app to see what it was selling for on amazon and ebay. Ebay had one for 39.99 marked rare. Nice since the thrift store was selling this for 16.99. I then checked out Amazon and  lo and behold, one recently sold for $74.99 !
Now here's the thing. One of my rules on 'treasure hunting' is to make an assessment on a product in hand. One question I ask myself is 'If I don't buy it now, will it still be available in two hours'. If I deem that it's highly likely to be gone in two hours, I usually go ahead and purchase the item. However, this item would be 25% less on Tuesday. Today, on Monday, it was 6:30pm at the time I saw the item. The store closes at 9pm.
I decided to purchase the item then and there and not take the chance of a 25% discount. Remember, it's not a big deal of money but I'm having fun trying to take the best price buying and profit price selling.

So today's story  pertains to this principle. "If the item is one I like and can be sold for a profit and it's highly likely to be gone (sold) within two hours, then go ahead and purchase the item'.

12 noon Tuesday.  People forget how TSLA is going to ride high when their 30-45k all electric car hits the streets next year. Bought 25 more shares. The faith continues....

                                                                               You, you, you need to rake
               Do I rake ?



On the Horizon  leftovers
  • A L I B A B A  -  monster IPO on the way sometime this year. I'm ready but so it everybody else. One thing for sure. It was start out and be called by fundamentalists as 'Way Over Valued'. In the meantime, investors are salvaging over YHOO.
  • IBD knocking around a spew regarding Google buying out Ebay to get PayPal. Baird Equity Research analyst Colin Sebastian suggested Google could offer up  to a 50% premium for eBay over its Friday closing price of 57.
  • TSLA (Telsa).  As analysts expect TSLA to meet all  their earnings/revenue projections for 2014, expect new catalysts for movement of TSLA stock to be the announcements of the battery gigafactory location, partner announcements, and ground breaking of the business all within 2014. In the meantime, the TSLA shorts have shifted their focus of share overvaluation to the drop in price in Europe of the vehicles. What the shorts don't realize is that the price drop has more to do with a strong Euro and nothing to do with Demand.

    • PCLN. Priceline is a monster growth and momentum stock and it's P/E is only 25

     Portfolio members with 2014 projections....entered in early January 2014

    AMZN 12/31/14  500.00 projected
    AMZN 12/31/13  398.78
    AMZN 12/31/12  259.15

    BIDU    12/31/14 260.00 projected
    BIDU    12/31/13 178.88
    BIDU    12/31/12 100.29
    GOOG    12/31/14 1500.00 projected 
    GOOG   12/31/13 1120.71
    GOOG   12/31/12   707.38

    TSLA     12/31/14   245  2nd projected (2/10)
    TSLA     12/31/14   220  projected (original projection MADE)
    TSLA     12/31/13   150.43
    TSLA     12/31/12     33.87

    NFLX     12/31/14  475  2nd projection (2/27)
    NFLX     12/31/14  415  projected     PROJECTION MADE
    NFLX     12/31/13  368.17
    NFLX     12/31/12   92.59

    PCLN     12/31/14   1600  projected
    PCLN     12/31/13   1162.40
    PCLN     12/31/12     620.39

    AAPL    12/31/14   775 projected
    AAPL    12/31/13    561.02
    AAPL     12/31/12   532.17
     DIS        12/31/14    95.00 projection
    DIS         12/31/13    76.40
     DIS          12/31/12    49.79

    YHOO     12/31/14     60  projection
    YHOO     12/31/13    40.44
     YHOO      12/31/12   19.90
     FB             12/31/14  72  projection
    FB              12/31/13  54.65
     FB              12/31/12  26.62
     TWTR       12/31/14   82 projection
    TWTR        12/31/13  63.65 
    TWTR        IPO CLOSE 44.90

    ILMN       12/31/14   295  projection          (added 3/6/2014 priced 171.23)
    ILMN       12/31/13   110.59
    ILMN        12/31/12    55.59



    Regarding the Catching Fire portfolio. My real account in part mimics most but not all  of the same stocks at different buying prices and different quantities.


                                                                                           Are you going after the big fish?
    This site isn't all about the stock market. However, with the daily updating of the stock market, it took most of my time. I am still going to discuss  the stock market but also  going to relate more to other parts of this site - such as the paintings, my hobbies such as estate sale treasure hunting, movies, autos, etc.
    I have developed a good following if the Blogger statistics I get are correct. It will be interesting to see how they change in the coming months. As stated, I will start a new public stock market portfolio. There's so technical issues to work out. One being displaying Options.

    Catching Fire started during thanksgiving week, Nov 2013

    Come on, have a peek at the eye-candy section


    Always be in the lookout for companies in new and exciting industries 



    ...In case you would like to follow our stock trades up to the very minute. I try to 'print' the trade within a minute or seconds on 'Stock Twits' (STOCKTWITS.COM) before I update them on here. You can follow me on stock twits by going to stocktwits.com and signing in (it's free). Then follow ROBMARKETBLIND.




    The HOT Eye Candy section  

    You cannot depend on your eyes when your imagination is out of focus.


    Hi, don't be shy, welcome to the eye candy section











    Don't cry because it's over, smile because it happened...
    Beloved creator of the Dr. Seuss books (1904 - 1991)

    Classic Auto of the Day  
    Invest in a classic car that is certain to appreciate in value  

    If the right car does turn out to be an appreciating asset, any later sale is not subject to capital gains tax.

    Thought for the Day




    That's all Folks  
    No, really, That's all folks


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