Stock Pick of the Week: W. E. 10 Aug. 2012

[clarkrl2]

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 "2Kids10Horses".

Moderators please pin the thread

[ModE98]

Pinned. Will go with YONG (long) which reports 8/9. Reason, I am stuck with shares and hoping (pretty please) for a little redemption with a price increase.

[Driftr]

I will go short Yong next week.

All you had to do was ask me ModE88. You're welcome in advance for the boost you're about to get.

[uncle23]

.....

ARIA ,,,,,,,,,,long

[beenherebefore]

The mess at Knight Capital not withstanding, I will go with Corning GLW long. Thanks

[blackliver]

CZZ...long

[2kids10horses]

I'm sticking with my TQQQ horse, long. (I know, it's too much to ask of a horse to win two weeks in row, but TQQQ only ran one day, Friday. Maybe he still has some legs left.)

[tyfighter3]

KOG long.

[Deleted]

CMI - (L)

[architecto25]

EGHT (8x8, Inc.) (Long)

Closed Friday at $5.67
52 week high/low $5.73/$3.00
after hours Friday, traded at $5.73 (+$.06)
Develops and markets telecommunications services, etc.,etc.
Founded in 1987
301 employees
Headquartered in Sunnyvale, CA.

[kadee79]

I remembered!

XOXO, long....don't have any idea if it will move any this week or not!

[kadee79]

Mod, did you have a birthday? Late Happy Birthday if you did.

[clarkrl2]

short AGO (Assured Guaranty Ltd - Insurance)

Looking at the 1-year daily chart there is a bearish head and shoulders where the price just broke below the neckline.

[Bluerobin]

I am sticking with COP, Conoco Phillips, long. This horse has run left in him.

[clarkrl2]

tyfighter3 blasts his way to the early lead. blackliver and ModE are in close pursuit. Please check your opening price.
Edit: Due to a bifocal malfunction the new order in tyfighter3 followed by architecto25 and blackliver.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] tyfighter3 [/td][td] L [/td][td] KOG [/td][td] $8.30 [/td][td] $8.58 [/td][td] 3.37% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] EGHT [/td][td] $5.70 [/td][td] $5.89 [/td][td] 3.33% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] CZZ [/td][td] $12.970 [/td][td] $13.350 [/td][td] 2.93% [/td][/tr]
[tr][td] Mod E [/td][td] L [/td][td] YONG [/td][td] $3.45 [/td][td] $3.52 [/td][td] 2.03% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] ARIA [/td][td] $18.66 [/td][td] $18.86 [/td][td] 1.07% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $53.83 [/td][td] $54.15 [/td][td] 0.59% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $65.94 [/td][td] $66.10 [/td][td] 0.24% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] XOXO [/td][td] $8.50 [/td][td] $8.51 [/td][td] 0.12% [/td][/tr]
[tr][td] Bluerobin [/td][td] L [/td][td] COP [/td][td] $55.93 [/td][td] $55.89 [/td][td] -0.07% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] AGO [/td][td] $11.580 [/td][td] $11.650 [/td][td] -0.60% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] GLW [/td][td] $11.41 [/td][td] $11.28 [/td][td] -1.14% [/td][/tr]
[tr][td] D. I. [/td][td] L [/td][td] CMI [/td][td] $99.46 [/td][td] $98.28 [/td][td] -1.19% [/td][/tr]
[tr][td] Driftr [/td][td] S [/td][td] YONG [/td][td] $3.45 [/td][td] $3.52 [/td][td] -2.03% [/td][/tr]
[/table]

[architecto25]

Clark, earlier today, I checked all opening prices.. & I just got on here. I agree with all ( except mine).
I got the same number on Scottrade, BigCharts, & Yahoo. Please recheck your source., prior to tomorrow night's posting. I'm not losing any sleep over it...o.k.?

[Bluerobin]

DI, outta my spot!

[Driftr]

Clark - Why'd you drop me?

[architecto25]

Driftr,..... don't you know? Just like a restaurant; you get better service if you tip..... LOL

I typed that before I noticed that Clark had corrected my opening price. And I predict that Clark is going to get a gold medal for this contest.... !!!

[Driftr]

I thought that perhaps because of the drama over on YM, we weren't allowed to go against the moderators (even in stock picks).

When really, all I was trying to do was see if my badness at the weekly game could help Mod's actual portfolio.

[ModE98]

Driftr...............After some profitable sales, my port is now down to 4 Chinese stocks, CGA, CMFO, TPI & YONG. (2 good CGA/YONG, 2 sick (CMFO/TPI).
Everything else is hard CASH. I love rolling in dough.
Waiting for more attractive prices. Correction Sep/Oct?

[Driftr]

Nice to see YONG in the 'good' category. I take solace in the fact that my loss in the weekly game is your gain IRL.

Market sure seems to be expecting additional QE. Even got one of the Fed Presidents on the boob tube this morning talking about it. Perhaps a sell the news event happens if/when it is announced? Makes sense to me. I'm still planning on using most free cash in the portfolios to buy some more MON & MCD this month.

[clarkrl2]

Driftr is now included. Hopefully this evenings update will be more accurate.

[Driftr]

Thanks Clark. Here's hoping Mod & I can bookend you lot. Kinda like herding cats, butcha never know...

[Deleted]

DI, outta my spot!

I am kind of stuck by the Rev limiter on the Diesel Engine, it wants to rev higher, but can't seem to do it.

[clarkrl2]

tyfighter3 maintains the lead. ModE and 2kids10horses are battling for second.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] tyfighter3 [/td][td] L [/td][td] KOG [/td][td] $8.30 [/td][td] $8.79 [/td][td] 5.90% [/td][/tr]
[tr][td] Mod E [/td][td] L [/td][td] YONG [/td][td] $3.45 [/td][td] $3.58 [/td][td] 3.77% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $53.830 [/td][td] $55.490 [/td][td] 3.08% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] EGHT [/td][td] $5.70 [/td][td] $5.82 [/td][td] 2.11% [/td][/tr]
[tr][td] blackliver [/td][td] L [/td][td] CZZ [/td][td] $12.97 [/td][td] $13.19 [/td][td] 1.70% [/td][/tr]
[tr][td] D. I. [/td][td] L [/td][td] CMI [/td][td] $99.46 [/td][td] $101.01 [/td][td] 1.56% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] ARIA [/td][td] $18.66 [/td][td] $18.93 [/td][td] 1.45% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $65.94 [/td][td] $66.65 [/td][td] 1.08% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] GLW [/td][td] $11.41 [/td][td] $11.53 [/td][td] 1.05% [/td][/tr]
[tr][td] Bluerobin [/td][td] L [/td][td] COP [/td][td] $55.930 [/td][td] $56.450 [/td][td] 0.93% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] XOXO [/td][td] $8.50 [/td][td] $8.47 [/td][td] -0.35% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] AGO [/td][td] $11.58 [/td][td] $11.72 [/td][td] -1.21% [/td][/tr]
[tr][td] Driftr [/td][td] S [/td][td] YONG [/td][td] $3.45 [/td][td] $3.58 [/td][td] -3.77% [/td][/tr]
[/table]

[clarkrl2]

Message deleted by clarkrl2.

double post

[ModE98]

Well, so far - so good with YONG. Earnings expected Thursday. Expect a good report. Hope it does not become a "sell on the news" event. Driftr wants a "bookend" week for YONG with long on top and short on bottom. So let the process begin....if tyfighter will courteously step aside.

[tyfighter3]

Sorry Mod, I'm riding a wide ass horse this week. It's going to be hard to get around. LOL

[clarkrl2]

The new leader is blackliver. Mod E is in second and tyfighter3 has slipped to third. It's been a better week as nine of twelve entrants are beating the benchmark.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] blackliver [/td][td] L [/td][td] CZZ [/td][td] $12.97 [/td][td] $13.64 [/td][td] 5.17% [/td][/tr]
[tr][td] Mod E [/td][td] L [/td][td] YONG [/td][td] $3.45 [/td][td] $3.59 [/td][td] 4.06% [/td][/tr]
[tr][td] tyfighter3 [/td][td] L [/td][td] KOG [/td][td] $8.300 [/td][td] $8.550 [/td][td] 3.01% [/td][/tr]
[tr][td] 2kids10horses [/td][td] L [/td][td] TQQQ [/td][td] $53.83 [/td][td] $55.40 [/td][td] 2.92% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] EGHT [/td][td] $5.70 [/td][td] $5.84 [/td][td] 2.46% [/td][/tr]
[tr][td] Bluerobin [/td][td] L [/td][td] COP [/td][td] $55.93 [/td][td] $57.17 [/td][td] 2.22% [/td][/tr]
[tr][td] beenherebefore [/td][td] L [/td][td] GLW [/td][td] $11.41 [/td][td] $11.61 [/td][td] 1.75% [/td][/tr]
[tr][td] D. I. [/td][td] L [/td][td] CMI [/td][td] $99.46 [/td][td] $101.00 [/td][td] 1.55% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] ARIA [/td][td] $18.66 [/td][td] $18.86 [/td][td] 1.07% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQ [/td][td] $65.940 [/td][td] $66.620 [/td][td] 1.03% [/td][/tr]
[tr][td] clarkrl2 [/td][td] S [/td][td] AGO [/td][td] $11.58 [/td][td] $11.51 [/td][td] 0.60% [/td][/tr]
[tr][td] kadee66 [/td][td] L [/td][td] XOXO [/td][td] $8.50 [/td][td] $8.42 [/td][td] -0.94% [/td][/tr]
[tr][td] Driftr [/td][td] S [/td][td] YONG [/td][td] $3.45 [/td][td] $3.59 [/td][td] -4.06% [/td][/tr]
[/table]