Stock Pick of the Week: W. E. 30 Mar. 2012

[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 "ModE".

[ModE98]

Will go back to China for a run with YONG (long). Changed from CMFO (original pick) as YONG is adding two new plant nutrient products, now in production and distribution within China which they predict will help the bottom line.

The stock has been weak recently, so this may give a small boost. And, it is fertilizer season. Lot of mouths to feed over there!

This a a big gamble, could end up high, could end up low, or somewhere in the middle.... that's a fact and one could lay good odds on it. ;D

[Value Buy]

I am conflicted by a number of shorting opportunities this week.
Rimm
Best Buy
Walgreens
and my particular favorite, Chipolte Mexican Grill-I have not shorted it since I was burned twice, here last spring or summer, in the low $300 range, and now it is low $400
Rimm and Best Buy both report this coming week, and I expect nothing but bad news from them, so they are obvious choices.
But me, I will go down in flames with shorting CMG again. Selling sixty times current earnings, 45 times next year's earnings. I have to get it correct sooner or later.....
CMG, short

edit, I have never actually shorted it in the real world. No guts

[beenherebefore]

Please mark me down for Micron Technologies long? MU

Thanks,

[blackliver]

GNI short

[uncle23]

JVA .... long

[architecto25]

GAME (Shanda Games Ltd.) (long)
closed Friday at $5.22
Listed on Nasdaq
On Point & Figure, dbl.top breakout 3/20/12
Based in Shanghai
my comment: "I hope it's not a bottom rung stock
this week"....

[Deleted]

PG - (L)

[clarkrl2]

short PMCS

Same pick as last week for the same reasons.

[2kids10horses]

I'm still riding TQQQ long.

[Bluerobin]

Mostly on a feeling, I am going with SDRL, long, Seadrill energy.

[rovo]

Apple has been stagnant for the better part of a week and I think it will do well this week. Probably not enough to win the game but most likely better than the bench-mark.

rovo AAPL Long

[rovo]

Please check the data on the selections and opening prices.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] ModE [/td][td] L [/td][td] YONG [/td][td] $3.15 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] MU [/td][td] $8.42 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] bluerobin [/td][td] L [/td][td] SDRL [/td][td] $38.45 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $118.78 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Value Buy [/td][td] S [/td][td] CMG [/td][td] $417.49 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $67.37 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] PMCS [/td][td] $7.08 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr]
[tr][td] D.I. [/td][td] L [/td][td] PG [/td][td] $67.54 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] blackliver [/td][td] S [/td][td] GNI [/td][td] $102.00 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] JVA [/td][td] $13.22 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] GAME [/td][td] $5.20 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $599.79 [/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][/table]

[rovo]

2&10 takes the early lead with ModE in hot pursuit. It may be hard to overtake 2&10 with his triple play this week.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $118.78 [/td][td] $122.70 [/td][td] 3.30% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] YONG [/td][td] $3.15 [/td][td] $3.24 [/td][td] 2.86% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] GAME [/td][td] $5.20 [/td][td] $5.29 [/td][td] 1.73% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $599.79 [/td][td] $606.98 [/td][td] 1.20% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $67.37 [/td][td] $68.11 [/td][td] 1.10% [/td][/tr]
[tr][td] blackliver [/td][td] S [/td][td] GNI [/td][td] $102.00 [/td][td] $101.10 [/td][td] 0.88% [/td][/tr]
[tr][td] bluerobin [/td][td] L [/td][td] SDRL [/td][td] $38.45 [/td][td] $38.47 [/td][td] 0.05% [/td][/tr]
[tr][td] D.I. [/td][td] L [/td][td] PG [/td][td] $67.54 [/td][td] $67.46 [/td][td] -0.12% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] PMCS [/td][td] $7.08 [/td][td] $7.10 [/td][td] -0.28% [/td][/tr]
[tr][td] Value Buy [/td][td] S [/td][td] CMG [/td][td] $417.49 [/td][td] $424.70 [/td][td] -1.73% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] MU [/td][td] $8.42 [/td][td] $8.25 [/td][td] -2.02% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] JVA [/td][td] $13.22 [/td][td] $12.70 [/td][td] -3.93% [/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]

[2kids10horses]

Rovo,

If you get your Apples going, I'm sure my horse will chase after them!

[kadee79]

Well, duh here! I forgot!

Ya'al have fun this week! I'll let all my horses rest for the week!

[Value Buy]

Stocks like CMG are the reason I will never be able to quit my day job......
Absolutely no reason this one keeps climbing.
It is a restaurant for crying out loud. It has not re-invented the wheel.
They drive me crazy.

[2kids10horses]

valuebuy,

I just look a look at the chart for CMG. I saw nothing to indicate (to my eyes) that it would be a good shorting candidate. It appears to be under steady accumulation.

I understand that you think it is overvalued. But, evidently, the market doesn't think so. I'm not afraid of shorting stocks, but I have to see some sign of weakness or evidence of distribution (selling) in the chart before I'd short it.

I try to trade with the trend rather than against it.

You may very well be "right" in that it's not worth what the market says it is, but, the mob is continuing to buy it. If that was a symbol I was trading, I'd go long since the trend is so strong that way, and put a trailing stop under for protection.

(I've long given up trying to figure out the underlying "whys" of the market. Now, I go with the flow...)

[rovo]

2&10 continues in the lead but ModE is slightly closing the gap.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $118.78 [/td][td] $123.17 [/td][td] 3.70% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] YONG [/td][td] $3.15 [/td][td] $3.26 [/td][td] 3.49% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $599.79 [/td][td] $614.48 [/td][td] 2.45% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] MU [/td][td] $8.42 [/td][td] $8.57 [/td][td] 1.78% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] GAME [/td][td] $5.20 [/td][td] $5.28 [/td][td] 1.54% [/td][/tr]
[tr][td] blackliver [/td][td] S [/td][td] GNI [/td][td] $102.00 [/td][td] $100.65 [/td][td] 1.32% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $67.37 [/td][td] $68.21 [/td][td] 1.25% [/td][/tr]
[tr][td] D.I. [/td][td] L [/td][td] PG [/td][td] $67.54 [/td][td] $67.15 [/td][td] -0.58% [/td][/tr]
[tr][td] Value Buy [/td][td] S [/td][td] CMG [/td][td] $417.49 [/td][td] $421.37 [/td][td] -0.93% [/td][/tr]
[tr][td] bluerobin [/td][td] L [/td][td] SDRL [/td][td] $38.45 [/td][td] $37.66 [/td][td] -2.05% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] PMCS [/td][td] $7.08 [/td][td] $7.25 [/td][td] -2.40% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] JVA [/td][td] $13.22 [/td][td] $12.33 [/td][td] -6.73% [/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]

Hmmm..... and Rovo is right at the leader's tails. If this keeps up T & F, the stretch may set up for a photo finish.

[rovo]

Looks like uncle23 has a Birthday today.

HAPPY BIRTHDAY UNCLE23

[ModE98]

I'll second that.....Happy Birthday, Uncle!

[ModE98]

Shucks, muddy track today, YONG slipping back, losing traction with the turf. May be some sloppy numbers at the close.... change is a certainty.

[beenherebefore]

Happy Birthday Unc!!! May all your birthday wishes come true.

[rovo]

Coming out of turn three we have a very close grouping of the top four players.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $599.79 [/td][td] $617.62 [/td][td] 2.97% [/td][/tr]
[tr][td] blackliver [/td][td] S [/td][td] GNI [/td][td] $102.00 [/td][td] $98.99 [/td][td] 2.95% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] MU [/td][td] $8.42 [/td][td] $8.64 [/td][td] 2.61% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $118.78 [/td][td] $121.73 [/td][td] 2.48% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $67.37 [/td][td] $67.94 [/td][td] 0.84% [/td][/tr]
[tr][td] D.I. [/td][td] L [/td][td] PG [/td][td] $67.54 [/td][td] $67.19 [/td][td] -0.52% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] GAME [/td][td] $5.20 [/td][td] $5.17 [/td][td] -0.58% [/td][/tr]
[tr][td] Value Buy [/td][td] S [/td][td] CMG [/td][td] $417.49 [/td][td] $420.09 [/td][td] -0.62% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] YONG [/td][td] $3.15 [/td][td] $3.13 [/td][td] -0.63% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] PMCS [/td][td] $7.08 [/td][td] $7.29 [/td][td] -2.97% [/td][/tr]
[tr][td] bluerobin [/td][td] L [/td][td] SDRL [/td][td] $38.45 [/td][td] $37.18 [/td][td] -3.30% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] JVA [/td][td] $13.22 [/td][td] $11.39 [/td][td] -13.84% [/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]

All I can say for YONG...

Will have the Vet give him an enima tonight and get whatever ails him cleaned out. ;D

[architecto25]

HAPPY BIRTHDAY..., Unc., I wish you to enjoy all the finest things in life (family at the top of the list)...
& not just today....but every day.

[Bluerobin]

Happy Belated Birthday Unc.

Ok, get ready for my final charge!

[Deleted]

Happy Belated Birthday Uncle

[rovo]

Coming out of turn 4 blackliver emerges as the clear leaded as all the others falter a bit.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] blackliver [/td][td] S [/td][td] GNI [/td][td] $102.00 [/td][td] $96.53 [/td][td] 5.36% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $599.79 [/td][td] $609.86 [/td][td] 1.68% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $118.78 [/td][td] $120.48 [/td][td] 1.43% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $67.37 [/td][td] $67.68 [/td][td] 0.46% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] YONG [/td][td] $3.15 [/td][td] $3.16 [/td][td] 0.32% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] MU [/td][td] $8.42 [/td][td] $8.42 [/td][td] 0.00% [/td][/tr]
[tr][td] Value Buy [/td][td] S [/td][td] CMG [/td][td] $417.49 [/td][td] $420.62 [/td][td] -0.75% [/td][/tr]
[tr][td] D.I. [/td][td] L [/td][td] PG [/td][td] $67.54 [/td][td] $67.01 [/td][td] -0.78% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] GAME [/td][td] $5.20 [/td][td] $5.15 [/td][td] -0.96% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] PMCS [/td][td] $7.08 [/td][td] $7.26 [/td][td] -2.54% [/td][/tr]
[tr][td] bluerobin [/td][td] L [/td][td] SDRL [/td][td] $38.45 [/td][td] $36.79 [/td][td] -4.32% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] JVA [/td][td] $13.22 [/td][td] $11.73 [/td][td] -11.27% [/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]