Stock Pick of the Week: W. E. 25 May 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 "clarkrl2".

[ModE98]

Will go with FSC (Fifth Street Financial Corp). Long.
Fifth Street Finance Corp. is a specialty finance company that lends to and invests in small and mid-sized companies in connection with investments by private equity sponsors. (Monthly dividends).

[beenherebefore]

Since I've re-invested, even though it closed down, I"ll go with AA long.

Thanks!

[Trongersoll]

I'm going to short FAITY. Everytime i think that it can't go any lower, it does.

[kadee79]

I think I'm going out of my ballpark for a look to see what some of the rest of the world is doing.

GM, long General Motors...I think we all know what that is & what they do.
They have been trending down so maybe time for a up week? Who knows the way Europe keeps pulling everything down!

[blackliver]

GE long

[clarkrl2]

Long PSQ (ProShares short QQQ etf)

I will stick with this pick even though the daily chart for QQQ is looking oversold. The weekly chart is not yet oversold. The 200 day moving average is a little more than 2.5% below Friday's close and I think that is the next level of support for QQQ. I do not use the leveraged ets.

I have a position in PSQ and on a rally might add to it or begin positions in SH and/or DOG.

[rovo]

May 18, 2012 16:13:23 GMT -5 Trongersoll said:

I'm going to short FAITY. Everytime i think that it can't go any lower, it does.

I need a symbol check in Aisle 3.

FAITY seems to be non-existent. I suspect my bro meant FIATY, Fiat, as he has played this puppy before. That said, I need a confirmation from Trong before Monday's opening bell.

[Trongersoll]

yeah, FIATY. fingers get stupid some times.

[architecto25]

FB (Facebook) ( short )

Don't think for one minute that I know what I'm doing. Short it for 6 months. Probably Yes...but for only 5 days......... & since rovo doesn't charge an entrance fee.... no big deal.

[burger]

AGQ long. Silver seems to be picking up some steam.

[rovo]

I'm going with FAZ long for this week.

FAZ is a 3x Financial Bear ETF. I'm really hoping I come in last place this week but I fear otherwise.

[Value Buy]

I got nothing this week.
Absolutley, nothing, so I will go Facebook, long.
After failing miserably at predicting where this stock would go on Friday, I have to back this nag.......
FB, long

[Bluerobin]

PPL, long. Recently price target was raised. It is a local electric utility.

[rovo]

Below are the selections and opening prices. Be sure to check your entry for accuracy.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] clarkrl2 [/td][td] L [/td][td] PSQ [/td][td] $28.28 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] architecto25 [/td][td] S [/td][td] FB [/td][td] $36.53 [/td][td] $0.00 [/td][td] 100.00% [/td][/tr]
[tr][td] burger [/td][td] L [/td][td] AGQ [/td][td] $40.70 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] bluerobin [/td][td] L [/td][td] PPL [/td][td] $27.25 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $60.92 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] FAZ [/td][td] $28.46 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] AA [/td][td] $8.49 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] FB [/td][td] $36.53 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] FSC [/td][td] $9.05 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] GM [/td][td] $21.34 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] GE [/td][td] $18.99 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Trongersoll [/td][td] S [/td][td] FIATY [/td][td] $4.53 [/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]

[Trongersoll]

according to Schwab FIATY is up 13% at the moment. If i knew that all it took to make it go up is my saying that it will go down, I'd have said that a long time ago.

[rovo]

We have a FaceBook face-off this week. After day one the FB short is leading while the FB long is cleaning up the track. ;D

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] architecto25 [/td][td] S [/td][td] FB [/td][td] $36.53 [/td][td] $34.03 [/td][td] 6.84% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $60.92 [/td][td] $62.51 [/td][td] 2.61% [/td][/tr]
[tr][td] burger [/td][td] L [/td][td] AGQ [/td][td] $40.70 [/td][td] $41.75 [/td][td] 2.58% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] FSC [/td][td] $9.05 [/td][td] $9.22 [/td][td] 1.88% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] AA [/td][td] $8.49 [/td][td] $8.60 [/td][td] 1.30% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] GM [/td][td] $21.34 [/td][td] $21.54 [/td][td] 0.94% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] GE [/td][td] $18.99 [/td][td] $19.12 [/td][td] 0.68% [/td][/tr]
[tr][td] bluerobin [/td][td] L [/td][td] PPL [/td][td] $27.25 [/td][td] $27.11 [/td][td] -0.51% [/td][/tr]
[tr][td] clarkrl2 [/td][td] L [/td][td] PSQ [/td][td] $28.28 [/td][td] $27.54 [/td][td] -2.62% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] FAZ [/td][td] $28.46 [/td][td] $27.68 [/td][td] -2.74% [/td][/tr]
[tr][td] Trongersoll [/td][td] S [/td][td] FIATY [/td][td] $4.53 [/td][td] $4.73 [/td][td] -4.42% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] FB [/td][td] $36.53 [/td][td] $34.03 [/td][td] -6.84% [/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]

Benchmark lookin' good. Well, at least for a day. ;D

Maybe the FB face-off will negate each other by end of week close, with both near middle of the pack. Will be a referendum on how FB sentiment runs. Looks like the insiders did fine and the buyers may become "bagholders" (at least for the time being).

[architecto25]

Yep, I suspect Value Buy & I will enjoy watching Facebook bounce around this week...but Mark Zuckerberg is probably enjoying this week a lot more...... seldom does a guy become a Billionaire and a new husband, at the young age of 28 very often. I recall reading an article many years ago ( I think in Barrons)....that in almost all cases 6 months after an IPO, the price is usually a lot less. I believe Google was an exception to that "rule"....

[Value Buy]

Yeh, what's up with Zuckerberg getting married right after he got his multi-billion $$$pay-off?
The stock opens up, plays dead, and he gets married the next day.
Kind of tacky

I thought FB stock would still be protected by the banks this week on the original stock price.
My bad......

[rovo]

I thought FB stock would still be protected by the banks this week on the original stock price.
My bad......

The week is far from over.

[Bluerobin]

VB, I assume the wedding date has something to do with community property..............just in case.

[architecto25]

Posting this about 15 min.before mkt.opens.
re: www.nasdaq.com [their pre-market info.]
This just pretains to Facebook.
Pre-mkt. high $34.30; pre-mkt.low $32.60;
Last: $32.92 (down $1.11) ( down 3.26%).
Pre-mkt. vol. already: 2,480,632.
It's going to be a guessing game for weeks for everyone.

[rovo]

Facebook hit $30.98 this morning and has bounced upward from this point. The bottom? Time will tell.

[rovo]

Face Book is getting lots of comments from the talking heads today. Almost as if they are trying to talk it down. Oh well, architecto25 retains the lead with the short in FB.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] architecto25 [/td][td] S [/td][td] FB [/td][td] $36.53 [/td][td] $31.00 [/td][td] 15.14% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $60.92 [/td][td] $62.44 [/td][td] 2.50% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] FSC [/td][td] $9.05 [/td][td] $9.19 [/td][td] 1.55% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] GE [/td][td] $18.99 [/td][td] $19.18 [/td][td] 1.00% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] GM [/td][td] $21.34 [/td][td] $21.50 [/td][td] 0.75% [/td][/tr]
[tr][td] bluerobin [/td][td] L [/td][td] PPL [/td][td] $27.25 [/td][td] $27.32 [/td][td] 0.26% [/td][/tr]
[tr][td] burger [/td][td] L [/td][td] AGQ [/td][td] $40.70 [/td][td] $40.72 [/td][td] 0.05% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] AA [/td][td] $8.49 [/td][td] $8.49 [/td][td] 0.00% [/td][/tr]
[tr][td] clarkrl2 [/td][td] L [/td][td] PSQ [/td][td] $28.28 [/td][td] $27.56 [/td][td] -2.55% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] FAZ [/td][td] $28.46 [/td][td] $27.03 [/td][td] -5.02% [/td][/tr]
[tr][td] Trongersoll [/td][td] S [/td][td] FIATY [/td][td] $4.53 [/td][td] $4.88 [/td][td] -7.73% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] FB [/td][td] $36.53 [/td][td] $31.00 [/td][td] -15.14% [/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]

If FB keeps up the retreat, Archi will be impossible to catch in the homestretch with such a massive lead. Just do not see FB getting positive action this week. Even underwriters downgrading potential earnings. Bah Humbug!

Addendum: This is a bag of worms for the small investors.(IMHO)

[Bluerobin]

Somehow, I think Arch is gonna win!

[ModE98]

Hot day again for FB trading nearly 4,000,000 shares already traded in the first five minutes. On the UP side so far. Looks like a merry-go-round situation. I can almost hear the typical music (ah, memories).

[rovo]

architecto25 faded a bit today but still holds the lead by a wide margin.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] architecto25 [/td][td] S [/td][td] FB [/td][td] $36.53 [/td][td] $32.00 [/td][td] 12.40% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] GM [/td][td] $21.34 [/td][td] $22.13 [/td][td] 3.70% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $60.92 [/td][td] $62.56 [/td][td] 2.69% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] FSC [/td][td] $9.05 [/td][td] $9.22 [/td][td] 1.88% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] AA [/td][td] $8.49 [/td][td] $8.61 [/td][td] 1.41% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] GE [/td][td] $18.99 [/td][td] $19.18 [/td][td] 1.00% [/td][/tr]
[tr][td] bluerobin [/td][td] L [/td][td] PPL [/td][td] $27.25 [/td][td] $27.10 [/td][td] -0.55% [/td][/tr]
[tr][td] burger [/td][td] L [/td][td] AGQ [/td][td] $40.70 [/td][td] $39.86 [/td][td] -2.06% [/td][/tr]
[tr][td] clarkrl2 [/td][td] L [/td][td] PSQ [/td][td] $28.28 [/td][td] $27.51 [/td][td] -2.72% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] FAZ [/td][td] $28.46 [/td][td] $26.74 [/td][td] -6.04% [/td][/tr]
[tr][td] Trongersoll [/td][td] S [/td][td] FIATY [/td][td] $4.53 [/td][td] $5.00 [/td][td] -10.38% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] FB [/td][td] $36.53 [/td][td] $32.00 [/td][td] -12.40% [/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]

Now if that darn Benchmark would just get out of the way