Stock Pick of the Week: W. E. 06 Apr. 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 "blackliver".

[kadee79]

I'm not forgetting this week!!! I'm in!

Let's try AMZN, long....see what they do this coming week. Hope it is a good ride!

[ModE98]

Will ride old YONG (long) again this week. Last week's fade surely will not last... expect to move up. Time to fertilize the crops!!!!!

[uncle23]

....

DVAX.............long


Dynavax Technologies Corporation, a clinical-stage biopharmaceutical company, discovers and develops novel products to prevent and treat infectious diseases.

Dynavax Reports Final Phase 3 Data For HEPLISAV(TM) In CKD Patients And New Data From Booster Trial In Hemodialysis Patients
DJ Realtime News – 03/27/2012

[architecto25]

XOMA (Xoma Corp.) (Long)

Darn, I never pick a horse this early; I'll come back and add some more information sometime over
the weekend.
Added inform.: Company into therapeutic antibodies. Founded in 1981. Headquartered in Berkeley, CA. 188 employees.
Barchart's opinion puts a 96% Buy on the stock.
And a point & figure chart shows:"Bearish signal reversed 3/27/12 & they show a price objective at $6. My own personal "Soft4"graph is strong. Now does any of that mean that this horse will have a good week ?..... NOPE.
This past week (5 trading days). Stock was up 26.48%

[Value Buy]

My feelings this week is Apple might be the horse to ride.
They sold off today, probably because some funds sold to show some profits on the quarter.

Ruby Tuesday Restaurant is reporting in the coming week, and up in after hours trading today, but I think I will short this restaurant.
Their menu is no different than anyone else out there. Nothing special about them.

RT, short

[blackliver]

MON long

[beenherebefore]

Please mark me down for Southwest Airlines (LUV), long.

Thanks!

[rovo]

I'm going to saddle up AAPL again this week. I think Value Buy's comments are on the money.

rovo Long AAPL

[2kids10horses]

TQQQ, long. I'm still riding this trade, er... I mean, horse. YEEHAAAWWWW!

[clarkrl2]

short ADI (Analog Devices Inc. - Integrated circuits)

I used my hanging man technical screen to come up with this pick. The stock appears to be struggling breaking above the $40.50 mark. The S&P 500 etf SPY has not touched the 50-day SMA since Dec. 2011. The 12, 26, 9 MACD of SPY has also turned bearish. Currently 74% of the S&P 500 stocks were above their 50 day moving average. The last time I had checked this a couple of weeks ago it was over 80%. I believe the rally has at least cooled a little. If earnings are above expectations the rally will likely continue but I don't think it will take too much negative news to set off a correction.

I have no real life position in ADI and do not plan on initiating one.

[tyfighter3]

nog long. Way oversold.

[Bluerobin]

NAT, Nordic American Tanker, Short. They are in the midst of a long term decline.

[rovo]

Please check your selection and opening price for this week's contest.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] blackliver [/td][td] L [/td][td] MON [/td][td] $80.10 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $119.31 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $67.46 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] XOMA [/td][td] $2.76 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $601.83 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Value Buy [/td][td] S [/td][td] RT [/td][td] $9.16 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr]
[tr][td] tyfighter3 [/td][td] L [/td][td] NOG [/td][td] $20.71 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] YONG [/td][td] $3.10 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] ADI [/td][td] $40.39 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr]
[tr][td] bluerobin [/td][td] S [/td][td] NAT [/td][td] $15.88 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] LUV [/td][td] $8.22 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] DVAX [/td][td] $5.02 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] AMZN [/td][td] $198.02 [/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][/table]

[rovo]

Wow. Almost everyone in the green. Looks like a lot of good picks as even the shorts are green on a big "market-up" day.

2&10 has jumped into the lead after day 1 of a short week.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $119.31 [/td][td] $123.29 [/td][td] 3.34% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $601.83 [/td][td] $618.63 [/td][td] 2.79% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] MON [/td][td] $80.10 [/td][td] $81.48 [/td][td] 1.72% [/td][/tr]
[tr][td] tyfighter3 [/td][td] L [/td][td] NOG [/td][td] $20.71 [/td][td] $21.04 [/td][td] 1.59% [/td][/tr]
[tr][td] Value Buy [/td][td] S [/td][td] RT [/td][td] $9.16 [/td][td] $9.03 [/td][td] 1.42% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] ADI [/td][td] $40.39 [/td][td] $39.91 [/td][td] 1.19% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $67.46 [/td][td] $68.25 [/td][td] 1.17% [/td][/tr]
[tr][td] bluerobin [/td][td] S [/td][td] NAT [/td][td] $15.88 [/td][td] $15.71 [/td][td] 1.07% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] LUV [/td][td] $8.22 [/td][td] $8.26 [/td][td] 0.49% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] YONG [/td][td] $3.10 [/td][td] $3.11 [/td][td] 0.32% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] AMZN [/td][td] $198.02 [/td][td] $198.05 [/td][td] 0.02% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] XOMA [/td][td] $2.76 [/td][td] $2.76 [/td][td] 0.00% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] DVAX [/td][td] $5.02 [/td][td] $5.01 [/td][td] -0.20% [/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, seems nobody is at all interested in the YONG story anymore.. When distributors start having a hard time paying up, and potential bad debts build, the stock price deteriorates. Perhaps with China now loosening credit once again, maybe most debt will now begin to be paid up. Well, got to believe it will make a positive change by next quarterly report. The China "thing" has hit a major bump in the road. Not a good thing.

Added note this afternoon: News out today! Major collection of delinquent AR made in Quarter 1 and the price likely to move up significantly as shorts run for cover. Afterburners are on and we are moving!!!!

[Bluerobin]

Carrots! Get your carrots!

[ModE98]

Apples, get your delicious apples here. $20 per bushel. Guaranteed full of energy for a good run.
CASH ONLY!! Free carrots may be dangerous.

Sorry, YONG ate the apples, none left for sale, we are on a big leap ahead.... lookout leaders!

[rovo]

ModE charges into the lead at the halfway point.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] ModE [/td][td] L [/td][td] YONG [/td][td] $3.10 [/td][td] $3.52 [/td][td] 13.55% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $601.83 [/td][td] $629.32 [/td][td] 4.57% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $119.31 [/td][td] $123.30 [/td][td] 3.34% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] ADI [/td][td] $40.39 [/td][td] $39.08 [/td][td] 3.24% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] MON [/td][td] $80.10 [/td][td] $81.80 [/td][td] 2.12% [/td][/tr]
[tr][td] tyfighter3 [/td][td] L [/td][td] NOG [/td][td] $20.71 [/td][td] $21.14 [/td][td] 2.08% [/td][/tr]
[tr][td] bluerobin [/td][td] S [/td][td] NAT [/td][td] $15.88 [/td][td] $15.65 [/td][td] 1.45% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $67.46 [/td][td] $68.23 [/td][td] 1.14% [/td][/tr]
[tr][td] Value Buy [/td][td] S [/td][td] RT [/td][td] $9.16 [/td][td] $9.06 [/td][td] 1.09% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] AMZN [/td][td] $198.02 [/td][td] $199.66 [/td][td] 0.83% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] DVAX [/td][td] $5.02 [/td][td] $5.02 [/td][td] 0.00% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] LUV [/td][td] $8.22 [/td][td] $8.20 [/td][td] -0.24% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] XOMA [/td][td] $2.76 [/td][td] $2.75 [/td][td] -0.36% [/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]

Nice news today for YONG, Accounts Receivable collections way up, shorts should now be in a covering mode. Expect continued upside for a day or two before traders take their profits. It may be a good year if the next two quarters prove very positive for sales and income. They recently announced two new fulvic fertilizer products, and, "it is the season".

[Value Buy]

I admire Rovo for taking a $600 a share stock for the pick of the week.
Imagine needing a $60 move in a stock to have a chance to win the game!
And it is not out of the question that it could happen.

[ModE98]

P.S. .... wish I could even think that big! Gee, it's above $15 p/s.

[2kids10horses]

I admire Rovo for making a $40,000 on an options trade last month!

Winning the game? Pfffssst.

[ModE98]

Looks like a off day so far. YONG will reverse course and fade back into the pack. The cheap stocks can flip direction fast and your horse can turn and bite.... ouch.

[ModE98]

Wow, Rovo, can I change horses in midstream? Want to ride CLNT the rest of this week.

A Godzilla like day for CLNT. Probably a one day wonder.

[rovo]

ModE has slowed a bit but remains in the lead and is now under assault from the short horses. ;D

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] ModE [/td][td] L [/td][td] YONG [/td][td] $3.10 [/td][td] $3.32 [/td][td] 7.10% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] ADI [/td][td] $40.39 [/td][td] $38.69 [/td][td] 4.21% [/td][/tr]
[tr][td] bluerobin [/td][td] S [/td][td] NAT [/td][td] $15.88 [/td][td] $15.28 [/td][td] 3.78% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] AAPL [/td][td] $601.83 [/td][td] $624.31 [/td][td] 3.74% [/td][/tr]
[tr][td] Value Buy [/td][td] S [/td][td] RT [/td][td] $9.16 [/td][td] $8.88 [/td][td] 3.06% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] LUV [/td][td] $8.22 [/td][td] $8.38 [/td][td] 1.95% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] MON [/td][td] $80.10 [/td][td] $80.58 [/td][td] 0.60% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $67.46 [/td][td] $67.30 [/td][td] -0.24% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $119.31 [/td][td] $118.27 [/td][td] -0.87% [/td][/tr]
[tr][td] tyfighter3 [/td][td] L [/td][td] NOG [/td][td] $20.71 [/td][td] $20.32 [/td][td] -1.88% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] XOMA [/td][td] $2.76 [/td][td] $2.71 [/td][td] -1.99% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] AMZN [/td][td] $198.02 [/td][td] $193.99 [/td][td] -2.04% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] DVAX [/td][td] $5.02 [/td][td] $4.79 [/td][td] -4.58% [/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]

Hard to believe YONG maintained a slight lead. May be resting today for a new spurt tomorrow. Oh well, one more pole to go and then we enter the final leg Friday. Interesting race.

Will the shorts play well tomorrow, or will the market strengthen as the week nears the end? Place your bets at the window.

[rovo]

Apr 4, 2012 15:43:52 GMT -5 ModE98 said:

Hard to believe YONG maintained a slight lead. May be resting today for a new spurt tomorrow. Oh well, one more pole to go and then we enter the final leg Friday.

Psst. Hey ModE. Psst. Tomorrow is the end of the race. <<rovo whispers>> Good Friday.

[ModE98]

Oh my, forgot all about it. When you get as old as I am another day is just another day (more or less). Suspect we will likely close out on the downside as traders usually do not desire to be caught holding any baggage over a long weekend. Of course, as you well know, it is the "market" and nothing is certain. It always provides a few surprises.

Thanks fpr the heads up! Better go down to Moe's Bar and have a .

[Bluerobin]

Mod, Clark, outta the way!!! Carrots, git your carrots!