Stock Pick of the Week: W. E. 6 Sep. 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 "kadee79".

US Markets will be closed Monday Sept. 2 for Labor Day. The contest will begin on Tuesdays open. 

[djAdvocate]

i can't imagine this being a good week for Trump.

DJT short again.

clark- this is a "lazy pick". if i have time, i will replace it.

[uncle23]

....

MYO....long

[kadee79]

PLUG, long...have no idea how this one will do!


Plug Power Inc. develops hydrogen and fuel cell product solutions in North America, Europe, Asia, and internationally. The company offers GenDrive, a hydrogen-fueled proton exchange membrane (PEM) fuel cell system that provides power to material handling electric vehicles; GenSure, a stationary fuel cell solution that offers modular PEM fuel cell power to support the backup and grid-support power requirements of the telecommunications, transportation, and utility sectors; ProGen, a fuel cell stack and engine technology used in mobility and stationary fuel cell systems, and as engines in electric delivery vans; GenFuel, a liquid hydrogen fueling delivery, generation, storage, and dispensing system; GenCare, an ongoing Internet of Things-based maintenance and on-site service program for GenDrive fuel cell systems, GenSure fuel cell systems, GenFuel hydrogen storage and dispensing products, and ProGen fuel cell engines; and GenKey, an integrated turn-key solution for transitioning to fuel cell power. It also provides electrolyzers, a hydrogen generator for clean hydrogen production; liquefaction systems that provides liquid hydrogen to customers; cryogenic equipment for the distribution of liquified hydrogen, oxygen, argon, nitrogen and other cryogenic gases, including trailers and mobile storage equipment; and liquid hydrogen, an alternative fuel to fossil-based energy. The company sells its products through a direct product sales force, original equipment manufacturers, and dealer networks. Plug Power Inc. was incorporated in 1997 and is headquartered in Latham, New York.

[clarkrl2]

Long MGPI (MGP Ingredients - Food and Beverages)
The chart with weekly bars still looks OK. weekly bars 

[clarkrl2]

djAdvocate takes the early lead in a holiday shortened week. clarkrl2 is second and the benchmark third.

Player	L or S	Symbol	$ Open	$ Close	% Close
djAdvocate	S	DJT	$19.5100	$18.0800	7.33%
clarkrl2	L	MGPI	$88.7200	$88.4600	-0.29%
BenchMark	L	QQQ	$473.1700	$461.8100	-2.40%
kadee79	L	PLUG	$1.8650	$1.7500	-6.17%
uncle.23	L	MYO	$4.3000	$3.8900	-9.53%

 

[djAdvocate]

two blocks of 250k shares of DJT traded today in the last hour. but overall, the volume is weak. it is not saying reversal to me, at all.

waiting for capitulation........

[clarkrl2]

djAdvocate holds a big lead going into the second half of this week's contest. clarkrl2 is second and the benchmark is third.

Player	L or S	Symbol	$ Open	$ Close	% Close
djAdvocate	S	DJT	$19.5100	$16.9800	12.97%
clarkrl2	L	MGPI	$88.7200	$87.1900	-1.72%
BenchMark	L	QQQ	$473.1700	$460.6100	-2.65%
kadee79	L	PLUG	$1.8650	$1.7400	-6.70%
uncle.23	L	MYO	$4.3000	$3.7600	-12.56%

 

[clarkrl2]

djAdvocate leads by almost a dozen lengths going into the final day. clarkrl2 is second and the benchmark third.

Player	L or S	Symbol	$ Open	$ Close	% Close
djAdvocate	S	DJT	$19.5100	$17.4000	10.81%
clarkrl2	L	MGPI	$88.7200	$87.9100	-0.91%
BenchMark	L	QQQ	$473.1700	$461.0400	-2.56%
kadee79	L	PLUG	$1.8650	$1.7100	-8.31%
uncle.23	L	MYO	$4.3000	$3.7700	-12.33%

 

[clarkrl2]

djAdvocate wins this week's contest by twelve lengths. clarkrl2 rallied to a positve return for second and the benchmark held on for third.

Player	L or S	Symbol	$ Open	$ Close	% Close
djAdvocate	S	DJT	$19.5100	$17.1000	12.35%
clarkrl2	L	MGPI	$88.7200	$89.0500	0.37%
BenchMark	L	QQQ	$473.1700	$448.6900	-5.17%
uncle.23	L	MYO	$4.3000	$3.7500	-12.79%
kadee79	L	PLUG	$1.8650	$1.6100	-13.67%

 

[clarkrl2]

2024	results
Name	Return	Games	Win	Place	Show	>Bench	points	ppg
kadee79	2.42	30	11	4	4	15	60	2.00
djADVOCATE	2.26	34	11	2	5	16	58	1.71
clarkrl2	0.70	36	4	14	5	18	63	1.75
BenchMark	0.30	36	4	7	15	0	41	1.64
uncle.23	-0.95	36	6	9	6	18	60	1.67

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
djADVOCATE	0.40	191	38	20	28	72	254	1.33
BenchMark	0.35	558	35	90	136	0	700	1.25
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	0.12	533	104	74	51	226	737	1.38
clarkrl2	0.01	558	69	98	97	262	762	1.37
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	-1.11	557	89	103	66	248	787	1.41
D. I.	-1.84	102	4	11	11	51	96	0.94
alliesmom	-6.82	2	0	0	0	1	1	0.50

[djAdvocate]

well done, clark. this was a brutal week.

edit: i am NOT taking DJT next week.
so, i have to find something else......