Stock Pick of the Week: W. E. 16 Aug. 2024

[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 other trading vehicles. Only stocks and ETFs are allowed.
6. Opening prices will be those found at Yahoo Finance. Any disputed opening price will be resolved using the price listed at Yahoo Finance historical quotes

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 "djAdvocate".

[uncle23]

    TSLA....long

[clarkrl2]

Long MGPI (MGP Ingredients - Food and Beverages)
The chart is looking a little overbought but still looks OK. weekly bars 

[kadee79]

I made it...and I've been one sick puppy too...we 'think' it is gall bladder...so will likely be having a bit of surgery here shortly.   Don't want to keep living like this past week, mostly in bed cause it didn't hurt as much as long as I was still or laying down.

APPS, long...hope they do well & in honor of Steely's birthday last week.


Digital Turbine, Inc., through its subsidiaries, operates a mobile growth platform for advertisers, publishers, carriers, and device original equipment manufacturers (OEMs). The company operates through two segments, On Device Solutions and App Growth Platform. Its application media platform delivers mobile applications to various publishers, carriers, OEMs, and devices; and content media platform offers news, weather, sports, and other content, as well as programmatic advertising and media content delivery services, and sponsored and editorial content media. The company also provides direct campaign management products, such as the DT DSP and DT Offer Wall; ad monetization solutions that allow mobile app publishers and developers to monetize their monthly active users via display, native, and video advertising; brands and agencies, which run mobile brand-awareness campaigns on the direct mobile app inventory; and app developers and other performance-focused advertisers that execute mobile user acquisition campaigns for their apps and products. It operates in the United States, Canada, Europe, the Middle East, Africa, the Asia Pacific, China, Mexico, Central America, and South America. The company is headquartered in Austin, Texas.

[djAdvocate]

i will take DJT short, even though it looks like it is bottoming. i reserve the right to change my mind in the next hour or so.....

uncle: remember Cipher Pharmaceuticals? you used it as a pick way back when. i bought some of it. it is up 50% in the last month. thanks!

[uncle23]

Aug 11, 2024 23:58:24 GMT -5 djAdvocate said:

i will take DJT short, even though it looks like it is bottoming. i reserve the right to change my mind in the next hour or so.....

uncle: remember Cipher Pharmaceuticals? you used it as a pick way back when. i bought some of it. it is up 50% in the last month. thanks!

Welcome but I don't remember. I am mostly a daytrader. Not getting rich at it but its fun.

[clarkrl2]

djAdvocate is the early leader of this week's contest. The benchmark is second and uncle23 third.

Player	L or S	Symbol	$ Open	$ Close	% Close
djAdvocate	S	DJT	$25.4200	$24.8800	2.12%
BenchMark	L	QQQ	$451.3500	$451.3800	0.01%
uncle.23	L	TSLA	$199.0200	$197.4900	-0.77%
clarkrl2	L	MGPI	$84.5000	$82.4000	-2.49%
kadee79	L	APPS	$3.2300	$2.8100	-13.00%

 

[djAdvocate]

this SHOULD be a bad week for Trump.
but you never know.

[clarkrl2]

djAdvocate continues to lead as the race nears halfway. uncle23 is second and the benchmark third. Only five lengths separate first and last.

Player	L or S	Symbol	$ Open	$ Close	% Close
djAdvocate	S	DJT	$25.4200	$23.9800	5.66%
uncle.23	L	TSLA	$199.0200	$207.8300	4.43%
BenchMark	L	QQQ	$451.3500	$462.5800	2.49%
clarkrl2	L	MGPI	$84.5000	$85.1400	0.76%
kadee79	L	APPS	$3.2300	$3.2500	0.62%

 

[djAdvocate]

i am not at all confident that DJT will stay down this week. it has intermediate term support at around $22.

[clarkrl2]

djAdvocate leads the way going into the final two days. clarkrl2 is second a nose in front of the benchmark.

Player	L or S	Symbol	$ Open	$ Close	% Close
djAdvocate	S	DJT	$25.4200	$23.9700	5.70%
clarkrl2	L	MGPI	$84.5000	$86.7000	2.60%
BenchMark	L	QQQ	$451.3500	$462.7300	2.52%
uncle.23	L	TSLA	$199.0200	$201.3800	1.19%
kadee79	L	APPS	$3.2300	$3.2400	0.31%

 

[clarkrl2]

Aug 13, 2024 19:06:16 GMT -5 djAdvocate said:

i am not at all confident that DJT will stay down this week. it has intermediate term support at around $22.

I know that stocks aren't solely priced on valuations but in my opinion the valuation should be somewhere south of $0.50. It's valuation reminds me of internet stocks in late 1999. 

[djAdvocate]

Aug 14, 2024 16:40:02 GMT -5 clarkrl2 said:

Aug 13, 2024 19:06:16 GMT -5 djAdvocate said:

i am not at all confident that DJT will stay down this week. it has intermediate term support at around $22.

I know that stocks aren't solely priced on valuations but in my opinion the valuation should be somewhere south of $0.50. It's valuation reminds me of internet stocks in late 1999. 

even if you assume the brand is worth something, the valuation is certainly less than $10.  Trump is allowed to sell shares in September.  he will do so.  it will crush the stock.

[clarkrl2]

uncle23 takes over the lead with one day to go. djAdvocate is keeping pace in second and kadee79 is third. Tomorrow's stretch run could be a donnybrook with the entire field within three and a half lengths of the lead.

Player	L or S	Symbol	$ Open	$ Close	% Close
uncle.23	L	TSLA	$199.0200	$214.1400	7.60%
djAdvocate	S	DJT	$25.4200	$23.5700	7.28%
kadee79	L	APPS	$3.2300	$3.4000	5.26%
BenchMark	L	QQQ	$451.3500	$474.4200	5.11%
clarkrl2	L	MGPI	$84.5000	$88.0400	4.19%

 

[clarkrl2]

kadee79 forged to the front on a highly contentious stretch run. djAdvocate is second and uncle23 third. 

Player	L or S	Symbol	$ Open	$ Close	% Close
kadee79	L	APPS	$3.2300	$3.6500	13.00%
djAdvocate	S	DJT	$25.4200	$23.0600	9.28%
uncle.23	L	TSLA	$199.0200	$216.1200	8.59%
BenchMark	L	QQQ	$451.3500	$475.0300	5.25%
clarkrl2	L	MGPI	$84.5000	$87.0800	3.05%

 

[clarkrl2]

2024	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
kadee79	3.17	27	10	4	4	14	56	2.07
djADVOCATE	2.03	31	9	2	5	14	50	1.61
clarkrl2	0.70	33	4	12	5	16	57	1.73
BenchMark	0.47	33	4	7	12	0	38	1.65
uncle.23	-0.25	33	6	8	6	17	57	1.73

Lifetime	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
bimetalaupt	2.78	4	1	0	0	1	4	1.00
m2w	1.15	8	2	1	0	3	11	1.38
damnotagain	0.83	20	2	3	3	10	25	1.25
Value Buy	0.57	226	45	21	22	104	303	1.34
BenchMark	0.37	555	35	90	133	0	695.5	1.25
djADVOCATE	0.33	188	36	20	28	70	246	1.31
2kids10horses	0.33	10	0	2	1	4	9	0.90
Mod E	0.31	429	58	73	64	214	598	1.39
Ombud	0.24	120	12	13	18	61	141	1.18
kadee79	0.15	530	103	74	51	225	733	1.38
clarkrl2	0.00	555	69	96	97	260	756	1.36
architecto25	-0.36	406	83	46	39	177	557	1.37
tyfighter3	-0.53	108	11	4	17	40	98	0.91
Bluerobin	-0.66	6	2	0	0	3	9	1.50
uncle.23	-1.07	554	89	102	66	247	784	1.42
D. I.	-1.84	102	4	11	11	51	96	0.94
alliesmom	-6.82	2	0	0	0	1	1	0.50

[kadee79]

Congrats DJ & Uncle.  Mine was pure luck, for sure!

After my visit to the surgeon...'they' have decided that my pains were not gall bladder after all and are now sending me to another Dr. to see if he can determine what was going on.  Thank goodness the pains have left, so I'm almost back to my 'normal'.  It sure is a wake up how much something like that can knock you for a loop and your strength for a time after it's over also.  
I'm going to cook today...first time in just about 2 weeks.  We have been surviving on things that I'd put in the freezer (big batch cooking...eat now/freeze to eat later) and carry out.  That carry out gets old in a hurry.  Plus, I'd not had much of an appetite either!  My DH is glad I'm cooking today.  AND, I'll send him to the store either today or tomorrow for a couple things so that I can make a recipe I found on the net...apple, pecan cake with caramel glaze.  The pictures sure make it look good, but I don't have any apples.

[djAdvocate]

the only problem with intermittent pain is that it makes the diagnosis harder. but it is probably better than continual pain with a more certain and speedy diagnosis, in the general case.

[kadee79]

Aug 17, 2024 18:36:13 GMT -5 djAdvocate said:

the only problem with intermittent pain is that it makes the diagnosis harder. but it is probably better than continual pain with a more certain and speedy diagnosis, in the general case.

No matter which kind you have....neither are fun!

I baked that cake today....OMG, it's good!  It is labor intensive though.  May not make it again unless I have help mixing it all together.