Stock Pick of the Week: W. E. 23 Jun. 2023

[clarkrl2]

Rules:

1. Selection must be made prior to the opening bell on the first trading day of the week.
2. Selection may be changed up to the opening bell.
3. Starting price is the opening price on first trading day of week.
4. Ending price is closing price on last trading day of week.
5. No options or other trading vehicles. Only stocks and ETFs are allowed.
6. Opening prices will be those found at Yahoo Finance. Any disputed opening price will be resolved using the price listed at Yahoo Finance historical quotes

To enter the game:

List your stock's symbol, Long or Short, Company name, what the company does and why you like the selection.

Congratulations to last week's winner "kadee78" 

The Juneteenth holiday is Monday June 19th so the contest begins Tuesday morning. 

[uncle23]

LTMAY....long

[kadee79]

Ok guys, a new week....wonder how this one will go after my mess last week!

GP, long...


GreenPower Motor Company Inc. designs, manufactures, and distributes electric vehicles for commercial markets in the United States and Canada. The company offers a suite of high-floor and low-floor electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo vans, double decker buses, and a cab and chassis. It sells and leases its vehicles to customers directly and through distributors. The company is based in Vancouver, Canada.

[clarkrl2]

Long VOYA (Voya Financial - Financial)
The chart still looks OK. weekly bars 

[djAdvocate]

i am going to list all three of my picks this week and then delete two on investigation.

CA:NKL
i have picked this before.  didn't go well.
SPCE
this had a huge bump Friday.  will it carry over?
GBTC
for those of you that like technicals, this has been in a descending wedge since April 18th

eliminated GBTC.  there is some possible competition coming from Blackrock, but that doesn't translate to gains for GBTC.

i decided to take SPCE due to the extraordinary nature of the move on Friday.  it not only traded 152M shares, but it broke an 18 month downtrend that started at $13.  of course, knowing my luck. this thing will open at $10 and finish next week at $5.  but here goes nothing.

SPCE long

[clarkrl2]

djAdvocate forged ahead to a double-digit lead on day one of the contest. uncle23 is second and the benchmark third.

Player	L or S	Symbol	$ Open	$ Close	% Close
djAdvocate	L	SPCE	$4.8300	$6.0100	24.43%
uncle.23	L	LTMAY	$0.4500	$0.4600	2.22%
BenchMark	L	QQQ	$365.9500	$366.9000	0.26%
clarkrl2	L	VOYA	$71.3600	$71.4600	0.14%
kadee78	L	GP	$2.7500	$2.7400	-0.36%

[djAdvocate]

shit.  my target was $6.50 on that thing.  i was hoping it MIGHT be up this much by FRIDAY.  this is too early.  good chance it will turn.  oh well.  fingers crossed.

update: ok, it retreated today.  good.  still below $6.50.  this thing will flame out when the news wears off that they have scheduled flights.  

[clarkrl2]

djAdvocate is still the leader at the halfway point. uncle23 was the day's top gainer in second and clarkrl2 is third. 

Player	L or S	Symbol	$ Open	$ Close	% Close
djAdvocate	L	SPCE	$4.8300	$5.7100	18.22%
uncle.23	L	LTMAY	$0.4500	$0.5000	11.11%
clarkrl2	L	VOYA	$71.3600	$71.2900	-0.10%
BenchMark	L	QQQ	$365.9500	$361.9000	-1.11%
kadee78	L	GP	$2.7500	$2.6700	-2.91%

[kadee79]

And I have to bottom wrapped up!

Went grocery shopping today after  getting a hair cut.  I was nearly out of my "ground beef"....I use whole sirloin tips & have them ground for hamburger.  It generally comes out cheaper that way....so my bill was almost $200!...OUCH!  But I have less shrinkage due to having less fat and I don't need to use as much that way.  So at $4.23 lb., that wasn't too bad.
How much is groun chuck in your area?

I repackage it all here at home in zip bags.  That way I can make some bigger for things like meat loaf or spaghetti sauce and other smaller for things like burgers.  And by having it in flat packages, it thaws a LOT faster too.

[uncle23]

...

I'm catching up on you DJ.....

Kadee, I'm hungry..

[djAdvocate]

you might pass me today.  down another 6%.  SPCE flamed out too soon, probably.

edit: oh boy.  they are running up the liquidity with a $400M offering.  terrible.  i am going to lose money on this thing this week.  LOL!  i should have taken GBTC.  

[clarkrl2]

uncle23 takes over the lead with one day to go. djAdvocate is second and the benchmark third.

Player	L or S	Symbol	$ Open	$ Close	% Close
uncle.23	L	LTMAY	$0.4500	$0.5150	14.44%
djAdvocate	L	SPCE	$4.8300	$5.3200	10.14%
BenchMark	L	QQQ	$365.9500	$366.1700	0.06%
clarkrl2	L	VOYA	$71.3600	$70.0500	-1.84%
kadee78	L	GP	$2.7500	$2.6600	-3.27%

 

[clarkrl2]

uncle23 is this week's champion and the only player with a gain. The benchmark is second and clarkrl2 third.

Player	L or S	Symbol	$ Open	$ Close	% Close
uncle.23	L	LTMAY	$0.4500	$0.5120	13.78%
BenchMark	L	QQQ	$365.9500	$362.5400	-0.93%
clarkrl2	L	VOYA	$71.3600	$69.5900	-2.48%
kadee78	L	GP	$2.7500	$2.6053	-5.26%
djAdvocate	L	SPCE	$4.8300	$4.3400	-10.14%

[clarkrl2]

2023	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
BenchMark	1.31	25	4	15	5	0	47	1.88
kadee78	0.23	24	6	2	4	7	33	1.38
clarkrl2	-0.97	25	3	5	10	6	35	1.40
uncle.23	-2.62	25	9	3	3	11	47	1.88
djADVOCATE	-2.92	24	3	0	3	4	16	0.67

Lifetime	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
bimetalaupt	2.78	4	1	0	0	1	4	1.00
m2w	1.15	8	2	1	0	3	11	1.38
damnotagain	0.83	20	2	3	3	10	25	1.25
Value Buy	0.57	226	45	21	22	104	303	1.34
BenchMark	0.35	495	27	77	111	0	593.5	1.20
2kids10horses	0.33	10	0	2	1	4	9	0.90
Mod E	0.31	429	58	73	64	214	598	1.39
Ombud	0.24	120	12	13	18	61	141	1.18
kadee78	0.18	477	91	66	43	203	651	1.36
djADVOCATE	0.00	131	19	16	19	46	154	1.18
clarkrl2	-0.03	495	62	74	85	231	650	1.31
architecto25	-0.36	406	83	46	39	177	557	1.37
tyfighter3	-0.53	108	11	4	17	40	98	0.91
Bluerobin	-0.66	6	2	0	0	3	9	1.50
uncle.23	-1.17	494	75	89	57	217	677	1.37
D. I.	-1.84	102	4	11	11	51	96	0.94
alliesmom	-6.82	2	0	0	0	1	1	0.50

[kadee79]

Congrats Uncle & Clark.  DJ, thank you for being a gentleman & taking the bottom.

Uncle, it was pork chops tonight, with sides of a garden salad of tomatoes/cukes/onions some spices thrown in & mayo as the dressing.  It's easy to make & yummy!  DH had butter beans (I'm to the point I hate beans like that) and little red potatoes cut in half & cooked in butter/parsley in a skillet.  I did our pork chops in the air fryer with a panko coating...I won't do that again.  It made a gummy mess on the chops...so had to scrape it off.  But the pork chops were the best I've bought in quite awhile.

Uncle...those 2 nice whole sirloin tips I had ground into burger meat...I got 21 packages out of it.  So roughly just under $5 per package which is pretty good pricing.  And another thing about getting burger this way....you know it all came from one animal & doesn't have any pink slime mixed in it either.