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.
Gotta get the mojo working . Will go long with TPI (Tianyin Pharma - China) for this week. Just feel this is so far undervalued at the moment, that something is going to happen soon. Need some karma to embrace this one... so rolling 'dem bones, "papa need new shoes", "7 come 11", etal.....
I've held a position's worth of this stock for awhile (though the recent drop has reduced it to 88% of my normal position, which, of course is about the same as saying I'm down 12% on it). Today I added another full position to the existing. It is pulled by one of my best value screens and I believe the recent drop was unwarranted, so I reached right out to grab that falling knife. I might as well play it here in the contest as well.
P/E 2.97 PEG NA Price/Revenue 0.25 Price/Cash Flow 2.48 Price/Book (MRQ) 1.09 ROA 29.82% ROE 47.54% Current Ratio (MRQ) 2.39 Total Debt/Equity (MRQ) 0.00 NOTE: MRQ - Most Recent Quarter
Growth Rates 1 Year 3 Year 5 Year Revenue 84.57% 19.80% 18.71% EPS 888.01% 67.95% 25.31%
Short Interest Information Current Month 1.32 Mil Previous Month 1.59 Mil Short Interest Ratio 4.70 Day
So, let's assume this starts off even on Monday (it printed a spinning top candlestick today on lower-than-usual volume, which should indicate that selling volume is drying up, and both sides are pulling equally) -- so, say it prints even on Monday morning opening and starts up. There are almost 5 days worth of shorts that ought to cover, which gives us the full required volume for a week. Add to that momentum players seeing the light, and all hell ought to break lose. I figure close on Friday somewhere north of 17 for a weekly gain of 28% (but I'm often wrong about things like that).
Zarathustra's Roundelay: O man, take care! What does the deep midnight declare? "I was asleep— From a deep dream I woke and swear:— The world is deep, Deeper than day had been aware. Deep is its woe— Joy—deeper yet than agony: Woe implores: Go! But all joy wants eternity— Wants deep, wants deep eternity."
Which I think was just Nietzsche's way of saying "I hope this stock goes up." ;-)
Last Edit: Jan 21, 2011 20:56:41 GMT -5 by yclept - Back to Top
I like yesterday's results since I'm ahead of rovo.
I like tem even better since I am ahead of you both.
Let's try to keep it that way! I concentrated on trying to pick a winning stock the last three weeks; rovo beat me each time. I need to go back to the basics and to the real goal of the game (beating rovo).
SBS: Let's try to keep it that way! I concentrated on trying to pick a winning stock the last three weeks; rovo beat me each time. I need to go back to the basics and to the real goal of the game (beating rovo).
Ha ! The two of you are living in a fantasy land. I'm just off to a slow start as I am pacing myself for the sprint to the wire on Friday. ;D
Fear not. Mustang is the only horse that Ford has. A mustang is essentially a quarter-horse that is born wild. As the name implies, a quarter-horse is a sprinter -- good for the first quarter mile, but can't keep its wind for longer races. We go a mile and a quarter in this race (5 days -- 5 quarters), so Rovo's mount ought to be just about exhausted. Now if you ever hear that Ford is starting to manufacture a thorough-bred or an Arabian, that will be a completely different situation.
Fear not. Mustang is the only horse that Ford has.
... and a confused one at that. rovo - you need to tell your horse NOT to follow mine; I'm deliberately going the other way. DI & 97 - you too! I know I'm cheating, but jeez, I don't want to take all of you over to the dark side.