Stock Pick of the Week - W.E. 24 June 2011

[rovo]

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 complex trading vehicles. Only stocks and ETFs.

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 -- architecto25

[uncle23]

.......

i'll go for SOLR this time...long

GT Solar International, Inc. engages in the design and manufacture of manufacturing equipment; and provision of services for the production of photovoltaic (PV), wafer, cell and module, and polysilicon products worldwide.


great horse Arch.....great race with ONTY

[mtntigger]

Frank's playing this week? ;D

[architecto25]

My very early pick for this week:

PCYC (Pharmacyclics Inc) (Long)
closed today (Friday) at $9.26; 52 wk. high/low $9.53/$4.75 & making new highs.
Company in Sunnyvale, CA.; 58 employees
It is a clinical-stage biopharmaceutical company focusing on developing and
commercializing innovative small-molecule drugs for the treatment of immune
medicated disease and cancer.

[2kids10horses]

Ole URTY did a lot of buckin' last week. That usually means he'll be a little more settled the following week. No guarantees, of course, he's high strung and tempramental. We'll ride him again...

URTY... Long.

(The 3x Russell 2000 ETF)

[yclept]

TZA long (3x short small caps)

I suspect coming week will be a very bad one for the markets -- it's just something in the pit of my stomach and the marrow of my bones. The closer we get to the default on bonds (assuming no raise in the debt limit), the worse the markets are going to perform.

My best shorting screen suggests TZA and SCO as the best candidates, but somehow shorting oil just doesn't seem like a very good idea to me right now. It's only a screen, what does it know?

I don't own either of these in the real-money ports, but may well pick them up on Monday (despite my qualms about shorting oil) and replace REW and SOXS which were the two that the same screen pulled for last week (and therefore I own). For that matter, I may keep the REW and SOXS and just add the two new ones. Decisions, decisions! Reckon we'll see how things start out on Monday before taking any actions since I can't do anything until then anyway!

[ModE98]

Hey, just a shot in the dark..... CMFO (long). Chinese Marine Food has dropped back enough so will saddle it up. May drop further and perhaps may capture last place honors again.

[ModE98]

Ooops..

[ModE98]

Drat-double Ooops

[jarhead1976]

AEP American Electric power. long

[Bluerobin]

NUE, long. I haven't seen this stock this low for ages. It is time to turn around. If indeed Detroit is back, this company should start benefiting. Now if only construction comes back. They are a steel producer and recycler of metals.

[clarkrl2]

long FTO (Frontier Oil Corp. - Oil and Gas Refining and Marketing)

The crack spread is over 30. Refiners should be profiting this quarter but it is partly dependent on how they were hedged over the quarter.

[tyfighter3]

NOG long.

[mtntigger]

National Bank of Greece (NBG) short. Friday, it went up almost 11% and I too am negative.

[Value Buy]

CCL reports this week.
Not sure whether to go long or short.
With falling oil prices, let's assume their "outlook" will be positive regardless of results.
Long, on CCL this week.

[Driftr]

Following yclept's lead and because I agree with him RE current market direction I will go with FAZ long. 3x short on financials. Let's get some more lawsuits going against them this week.

[rovo]

I really don't have a clue as to what I expect of the markets this week. Greece is the prime mover of late and will probably remain in the spot light this week. I would think we will see some sort of resolution from the EU which most likely would reverse the market's downward trend, if only for a short period of time.

I'm looking at Apple again and the results of RIMM, announced last week, have been a drag on Apple. An alternative view of RIMM's poor results is that AAPL is stealing significant market share from them. If this is the case then AAPL shares will, at some point, reflect the revenue gains. Maybe not this week, maybe not next week, but at some point.

rovo Long AAPL

[rovo]

This week's selections and opening prices are listed below. Please check your pick to ensure I have it correctly listed.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] PCYC [/td][td] $9.35 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] yclept [/td][td] L [/td][td] TZA [/td][td] $41.92 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] CCL [/td][td] $34.91 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Bluerobin [/td][td] L [/td][td] NUE [/td][td] $39.40 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] tyfighter3 [/td][td] L [/td][td] NOG [/td][td] $17.87 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] clarkrl2 [/td][td] L [/td][td] FTO [/td][td] $29.95 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] SOLR [/td][td] $13.20 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] SlowbutSure [/td][td] S [/td][td] NBG [/td][td] $1.27 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] URTY [/td][td] $74.88 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] D.I. [/td][td] L [/td][td] CLX [/td][td] $67.50 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] CMFO [/td][td] $2.58 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $53.66 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $317.36 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] jarhead1976 [/td][td] L [/td][td] AEP [/td][td] $37.58 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Frank "The" Impaler [/td][td] L [/td][td] SWSH [/td][td] $5.82 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Driftr [/td][td] L [/td][td] FAZ [/td][td] $49.98 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr][/table]

[architecto25]

Rovo, you're correct on all your opening numbers. On CLX, bigcharts shows $67.43; however, Scottrade has $67.50.... so once again, you're right on. Your efforts are noticed and appreciated..!!!

[mtntigger]

Boo on the opening gap! Boo... Boo....
Boo-hoo. I'm taking Mod's position this week.

[yclept]

Well, it's about 2:45 EDT, about time for the bottom to fall out of the bucket and everything splat on the floor. That's become a pretty reliable pattern of late.

[rovo]

Results for day 1 are all over the place as the market tries to define a direction.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] clarkrl2 [/td][td] L [/td][td] FTO [/td][td] $29.95 [/td][td] $31.07 [/td][td] 3.74% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] URTY [/td][td] $74.88 [/td][td] $77.66 [/td][td] 3.71% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] CCL [/td][td] $34.91 [/td][td] $35.73 [/td][td] 2.35% [/td][/tr]
[tr][td] jarhead1976 [/td][td] L [/td][td] AEP [/td][td] $37.58 [/td][td] $37.91 [/td][td] 0.88% [/td][/tr]
[tr][td] Bluerobin [/td][td] L [/td][td] NUE [/td][td] $39.40 [/td][td] $39.73 [/td][td] 0.84% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] SOLR [/td][td] $13.20 [/td][td] $13.31 [/td][td] 0.83% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $53.66 [/td][td] $54.07 [/td][td] 0.76% [/td][/tr]
[tr][td] D.I. [/td][td] L [/td][td] CLX [/td][td] $67.50 [/td][td] $67.86 [/td][td] 0.53% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] CMFO [/td][td] $2.58 [/td][td] $2.59 [/td][td] 0.39% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] PCYC [/td][td] $9.35 [/td][td] $9.35 [/td][td] 0.00% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $317.36 [/td][td] $315.32 [/td][td] -0.64% [/td][/tr]
[tr][td] tyfighter3 [/td][td] L [/td][td] NOG [/td][td] $17.87 [/td][td] $17.62 [/td][td] -1.40% [/td][/tr]
[tr][td] Driftr [/td][td] L [/td][td] FAZ [/td][td] $49.98 [/td][td] $49.20 [/td][td] -1.56% [/td][/tr]
[tr][td] Frank "The" Impaler [/td][td] L [/td][td] SWSH [/td][td] $5.82 [/td][td] $5.70 [/td][td] -2.06% [/td][/tr]
[tr][td] yclept [/td][td] L [/td][td] TZA [/td][td] $41.92 [/td][td] $40.33 [/td][td] -3.79% [/td][/tr]
[tr][td] SlowbutSure [/td][td] S [/td][td] NBG [/td][td] $1.27 [/td][td] $1.33 [/td][td] -4.72% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.00 [/td][td] $0.00 [/td][td] 0.00% [/td][/tr][/table]

[ModE98]

SBS, what are you doing down there? Will be down soon to push you up. Probably a sure thing CMFO will be accused of false reporting and cooking the books on some blog in the next day or two. "Par for the course" in the China small caps/RTO's.

[mtntigger]

SBS, what are you doing down there?

I blame it on the fact that I read too much P&M this weekend and am more discombobulated than usual.

[yclept]

My, my. The bottom dropped out of the bucket, the contents fell far enough that they could have gone "splat", but the bounced instead. Will wonders never cease?

Snow Leopards make good soup, and their hides make nice hats.

[uncle23]

...

Blue....your favorite CROX did well today..

[Bluerobin]

Uncle, don't pick on me!!!! I didn't look at CROX since the last time they disappointed. Go NUE - that can take me to the bottom too!

[ModE98]

My CMFO is taking a tumble on the track today....LOOK OUT BELOW... tp quote Chicken Little, "The sky is falling! The sky is falling!" Looks like a bad day at Black Rock.

[mtntigger]

Excuse me, Mod. I called the bottom rung this week. You are just going to have to wait your turn. Now, stop pushing me backwards.

[ModE98]

SBS........... Grrrrr.........It's mine. Quit complaining and move on UP. Have to prove a point, messing around in China small cap RTO's. Graphic lesson being demonstrated. Now GIT!