Stock Pick of the Week: W. E. 13 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 "Value Buy".

[ModE98]

Will run long with PDLI this week. PDL BioPharma Inc.

Love those nice dividends!

[uncle23]

...

DVAX.......long

[rovo]

Government released the employment report this morning and it isn't pretty.

[ModE98]

May be time to consider a short.... must think about that possibility while the clock is ticking.

Nah, stick with the pick. Perhaps high divi stocks will countertrend the market, although all ships sit lower at an ebb tide..

Seems a week or two early for a normal late Spring, early Summer swoon. Just possible it may begin a bit early. D.I. and Rovo have me thinking............ Hmmm.

[beenherebefore]

Seagate Technology STX long, please?

[blackliver]

TMF long

[Value Buy]

Wells Fargo and JPM both report this week, but I think financials might be soft this week, even if thye report good earnings.

Think I will try Alcoa this week.
AA long.

[clarkrl2]

short CCJ (Cameco Corp. - Industrial metals and minerals)

Another technical pick from my hanging man screen. The hanging man for this stock occured back in mid-Feb. The stock is in a downtrend as are many mining stocks. I have no position in this stock and now plans to initiate one.
I expect a negative open Monday morning due in part to weaker than expected new jobs. There may be new talk during the week that the Fed will now do more quantitative easing but chances are very slim they will react unless this becomes a trend.
The etf SPY hasn't touched the 50-day moving average since Dec. 2011 and I believe that will likely occur this week (50-day sma at 136.75 and 200-day sma at 125.94). Several key companies will be reporting this week including Alcoa (AA), Google (GOOG), JP Morgan (JPM) and Wells Fargo (WFC). Good reports and good outlooks by these companies would likely bolster the index.

[2kids10horses]

TQQQ long. I'm hoping there's a huge opening gap down. Then, as the market recovers, the existing up trend will continue.

[architecto25]

XOMA (Long)

Uncle & I sort of think the same....go with last week's pick. Takes less research time; and you get to the starting gates in time. And I think my horse may do better with a 5 day week; opportunity for that last spark of energy (on the 5th day).. Hope everyone had a great Easter.

[rovo]

We have a small field this week. Selections and opening prices as follows:

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] AA [/td][td] $9.51 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] TMF [/td][td] $61.78 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] PDLI [/td][td] $6.31 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $66.88 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] CCJ [/td][td] $20.19 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] DVAX [/td][td] $5.03 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] STX [/td][td] $25.55 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] XOMA [/td][td] $2.64 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $115.85 [/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]

[ModE98]

kadee.............hmmm, AGAIN. "ole" Blue........... Easter bunny made off with you?

If this morning is any indication, this may be a ROUGH day, or maybe a down week. UGH!

[architecto25]

I just checked the Dow 30 list;..... only 2 are in the green at the moment.
& on our list, only Blackliver's horse (TMF) opened higher than Thursday's close.
Maybe I should play golf this week;...... ignore this market.....

[ModE98]

Sure can pick 'em. Well, my fault, could have shorted.

[rovo]

beenherebefore takes the lead after day one.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] STX [/td][td] $25.55 [/td][td] $26.51 [/td][td] 3.76% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $115.85 [/td][td] $117.66 [/td][td] 1.56% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] AA [/td][td] $9.51 [/td][td] $9.60 [/td][td] 0.95% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $66.88 [/td][td] $67.21 [/td][td] 0.49% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] XOMA [/td][td] $2.64 [/td][td] $2.65 [/td][td] 0.38% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] CCJ [/td][td] $20.19 [/td][td] $20.13 [/td][td] 0.30% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] TMF [/td][td] $61.78 [/td][td] $61.81 [/td][td] 0.05% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] PDLI [/td][td] $6.31 [/td][td] $6.20 [/td][td] -1.74% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] DVAX [/td][td] $5.03 [/td][td] $4.91 [/td][td] -2.39% [/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]

[kadee79]

Yep! Kadee is getting old & forgetful!

I've got company coming & I'm not sure when...they are retired, on no schedule & taking a month's vacation. They will be here when they get here so I'm trying to keep the house clean since I finished doing my spring cleaning. And I've got TONS of outside work to do!
These folks are someone we have never met before...only on the net on one of the gardening boards I frequent...so want to make a good first impression!
I get to serve them lunch the day they get here. Which she nearly had a fit that I was going to do that & insisted it be something VERY simple...so it will be....ham salad sandwiches w/chips & iced tea. Her DH doesn't like chicken so no chicken salad. I wanted to do dinner but she won't let me.

[ModE98]

kadee....... that's a darn good excuse. We'll let you off the hook. Hope you make it next week,

[ModE98]

Falling into very familiar territory today.....LOOK OUT BELOW!!!! Out of the way, uncle.

[beenherebefore]

kadee, I'd love your recipe for ham salad, if you get a chance. I have two canned hams and one smoked ham in the fridge and am getting sick of lentil/split pea soup with the leftovers.

[rovo]

blackliver slips into the lead by the slimmest of margins over clarkrl2.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] blackliver [/td][td] L [/td][td] TMF [/td][td] $61.78 [/td][td] $62.98 [/td][td] 1.94% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] CCJ [/td][td] $20.19 [/td][td] $19.80 [/td][td] 1.93% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] STX [/td][td] $25.55 [/td][td] $25.64 [/td][td] 0.35% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $66.88 [/td][td] $66.13 [/td][td] -1.12% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] AA [/td][td] $9.51 [/td][td] $9.32 [/td][td] -2.00% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $115.85 [/td][td] $111.98 [/td][td] -3.34% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] PDLI [/td][td] $6.31 [/td][td] $6.03 [/td][td] -4.44% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] XOMA [/td][td] $2.64 [/td][td] $2.50 [/td][td] -5.30% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] DVAX [/td][td] $5.03 [/td][td] $4.64 [/td][td] -7.75% [/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]

Am in deep shock, thought PDLI would be far in last place today, instead moved up 1 rung on the ladder.

Amazing the surprises that can develop in a race when the rug is pulled out from underneath the market.

[kadee79]

BHB, I use the little cans of ham I get at Dollar General...little like cans of tuna.
First I rinse off all that gel junk they pack it in, then I smash it in a bowl. I generally use 2 or 3 cans...so judge by that. I add chopped celery....I do it on my slicer thingy on thin and chopped onion...chopped pretty small, then some sweet pickle relish and mayo/miracle whip. I don't measure anything, I just add until it looks right or tastes good...gotta keep sampling to be sure! ;D Then let it sit in the fridge for at least 2 hrs. before using so the flavors blend.
This is a recipe I found a BUNCH of years ago printed on something...I have no idea what it was printed on but it also works for chicken salad too....I usually add a hard boiled egg or 2 to chicken salad...depending on how much I'm making.

I LOVE to eat the ham salad on wheat thin crackers, original! I can sit & eat nearly a box of those crackers with it!

[kadee79]

I tried to modify my post but it doesn't look like it is taking it....I meant to say saltines instead of saltines in the last paragraph.
Duh!

The stupid board keeps changing my c r a c k e r s to saltines! They aren't, they are c r a c k e r s!

[architecto25]

What a difference one day makes;..... a few minutes ago, only one stock of the Dow 30 Industrials was in the red....& would you believe it was MSFT (Microsoft)... If the bears stay in their den; perhaps the bulls can run free all day....... You'all have a good day.

[rovo]

Value Buy moves to the lead riding the shiny Alcoa.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] AA [/td][td] $9.51 [/td][td] $9.90 [/td][td] 4.10% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] CCJ [/td][td] $20.19 [/td][td] $19.70 [/td][td] 2.43% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] STX [/td][td] $25.55 [/td][td] $25.89 [/td][td] 1.33% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] TMF [/td][td] $61.78 [/td][td] $61.60 [/td][td] -0.29% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $66.88 [/td][td] $66.45 [/td][td] -0.64% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] XOMA [/td][td] $2.64 [/td][td] $2.62 [/td][td] -0.76% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] PDLI [/td][td] $6.31 [/td][td] $6.22 [/td][td] -1.43% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $115.85 [/td][td] $113.60 [/td][td] -1.94% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] DVAX [/td][td] $5.03 [/td][td] $4.79 [/td][td] -4.77% [/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]

[beenherebefore]

Thanks kadee, I'll try it with the leftover canned ham, easy to chunk. Your recipe sounds delicious!

Value Buy, Outstanding and I'm sitting here crying.....

[kadee79]

BHB, try a lima bean/ham/chees cassarole...that's pretty good. It has a cornmeal/bisquick topping.
Just google lima bean/ham recipes.

I also do a scramble....sausage or ham added to hash browns w/onions & peppers....scrambled eggs on the side. Add some toast & a good jelly/jam!

[beenherebefore]

I'll try a scramble for sure but no cheese for us, cholesterol issues. Thanks!

[rovo]

Value Buy remains in the lead but beenherebefore is closing. 2&10 is holding back but most likely will be a challenger tomorrow.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] AA [/td][td] $9.51 [/td][td] $10.17 [/td][td] 6.94% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] STX [/td][td] $25.55 [/td][td] $26.99 [/td][td] 5.64% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] XOMA [/td][td] $2.64 [/td][td] $2.70 [/td][td] 2.27% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $115.85 [/td][td] $117.41 [/td][td] 1.35% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $66.88 [/td][td] $67.21 [/td][td] 0.49% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] TMF [/td][td] $61.78 [/td][td] $60.89 [/td][td] -1.44% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] PDLI [/td][td] $6.31 [/td][td] $6.17 [/td][td] -2.22% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] CCJ [/td][td] $20.19 [/td][td] $21.02 [/td][td] -4.11% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] DVAX [/td][td] $5.03 [/td][td] $4.79 [/td][td] -4.77% [/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]