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.
Will try old nag TPI (long) this week for lack of any common sense. It has been bottom dragging for so long that perhaps one of these weeks it may wake up and move. Since I have a personal position in this one, it is selected as a hopeful wish for signs of life. In reality, it will probably not move very much until August when a new earnings report and CC should appear near middle of the month. Just a waiting game here.
TYP long (ETF that is 3x short tech) The best percentage gainer today of the short ETFs I own. I don't think we've seen anything yet by way of market losses this summer. We had our little relief rally that ran from Thursday 6/16 through Tuesday 6/21 (much like the one we saw 5/25 through 5/21), now it's time to start heading down again with a vengeance. Or not! I captured the bottom rung last week, so I reckon I can't be much more wrong than that. It's kind of funny, I was playing a leveraged short (that I own); almost all of my invested portfolio is in short ETFs; the portfolio did fine this week; I was slaughtered in the game. In the real port TZA almost broke even for the week (I only bought it Tuesday). Oh well, such is life.
Edit: Sold TYP in real port this morning along with the rest of my triple short ETFs. I still have a negative outlook and bias and have kept my double short ETFs. The triples were just getting too scary and I decided I don't want to get filthy rich that fast!
Last Edit: Jun 27, 2011 11:26:31 GMT -5 by yclept - Back to Top
Post by architecto25 on Jun 26, 2011 22:41:13 GMT -5
ECYT (Endocyte Inc.) (long) Closed Friday at $12.88 52 wk. high/low $12.93/$6.15 Company in West Lafayette, IN.; 55 employees. Later part of April, stock had a nice up gap; but horizontal since....but good volume on Friday. I'm hoping the bullishness will continue, and the opening price Monday will not be too bad.......& the stock only has a few months of trading history... a problem..?? Yep, could be .....
A biopharmaceutical Company developing targeted therapies for the treatment of cancer and inflammatory diseases.
SBS, hope you get some good luck the next few days so you can get out of my territory. TPI acts like the old grey mare, and should be in last place. Have to get yclept's horse motivated too. Maybe set off some Cherry Bombs to get them all moving... do not need "batman", DI, and uncle holding back either.
Post by architecto25 on Jun 27, 2011 17:17:16 GMT -5
You know Mondays are always a little weird... just comparing Friday's closing numbers with Monday's opening numbers. I was helped with only a $.02 diff.; Rovo probably got the worse pain ($.46 difference). Clark with a $.33. bluerobin helped with a $.11 diff. Tyfighter3 helped with a $.13 diff. D.I. helped with a $.10 diff. Naturally the correct way would be to convert all of these to percentages; but that's too much effort. I predict tomorrow's race will re-arrange the positions.... Now how smart is that?............. LOL