Stock Pick of the Week - W.E. 04 Mar. 2011

[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 -- Tyfighter3

[ModE98]

Will stay with CMFO (China Marine Food) (Long) for this week (same as last). Hope the darn horse comes out slow at the start. Tired of the leapers and faders. Earnings report scheduled to be released, plus the CC.

[uncle23]

...

SOXL ....long

DIREXION DAILY SEMICONDUCTOR BULL 3X SHARES

[tyfighter3]

Since NOG is breaking out, I'll stick with it long.

[cashflowz]

I will try my luck with NWLNF, New Millennium Capital Corp, a junior Canadian iron mining company, which closed Friday at $4.01. An announcement regarding its partnership with Tata Steel could make or break this one this week. (Hope it is OK to pick a foreign stock that sells for under $5 for this thread.)

[yclept]

CCCL long
I'll try this for the contest. I own some of this in real ports. The various price ratios are certainly low enough:
P/E 1.18
PEG 0.05
Price/Revenue 0.47
Price/Cash Flow NA
Price/Book (MRQ) 0.93
ROA 33.79%
ROE 42.98%
Current Ratio (MRQ) 1.61
Total Debt/Equity (MRQ) 0.11
NOTE: MRQ - Most Recent Quarter

[Deleted]

This message has been deleted.

[Deleted]

Long EEV
-here's a perfect example of low risk, high reward trading.
-every trade i make with real money fits most of these characteristics or rules.
-notice the 50 ma. (white moving average is sloping up)
-4 hour chart shows almost 2 months back, with real money i use a 130 minute chart for trading
-parallel lines are drawn with andrews forks, however,
lines can be drawn manually or donchian channels can be used..
-bottom of the channels equal risk, top of the channels equal reward.
-with real money i'll risk about a dollar for a 2 dollar reward
33.00 is also the 50 ma on the daily charts...
-if or as the trade goes against me i'll increase my position with a 1000 shares at about 33.15,
-stop will be about 15 cents below support or about 32.90
-60 to 62% of these trend trades are winners,
-if only 50% of these trades were winners this strategy would still make plenty of money because of the favorable risk/reward ratio.
-i have software that gives risk and reward with stops and targets programmed in...
-if this trade doesn't succeed, no problem,
-this is "rule based trading" and the important thing is that the rules are followed..
---- in the long run these trend trades will succeed and make you plenty of money----
-remember if the trade is successful the donchian channel lines and the support lines will move up thus reducing losses or protecting profits...
stockcharts.com/h-sc/ui?s=EEV&p=D&yr=0&mn=5&dy=0&id=p86327833495

Attachments:

[2kids10horses]

Wow! That is one busy chart! It took me a while to see the candlesticks! Now, I've got to go back to your post and see if I can make heads or tails of your explanation...

And I see you've gone long a "short" ETF!

[pauletteg]

GG Long
Goldcorp

Goldcorp is a gold production company headquartered in Vancouver, Canada.
I like the selection because of current geopolitical trends of instability. Goldcorp's price tanked between December and January.
My arbitrary reasons for buying it last week (at 43.46, after 2/25 trading hours it's at 46.98 so it has a high relative strength and current price momentum):
Short Float 0.54%
PEG 0.87
Current Ratio 2.34
Debt/Eq 0.04
EPS next Y 71.31%
EPS next 5Y 30.05%
Sales Q/Q 28.02%
Gross Margin 60.04%
Oper. Margin 35.43%
Profit Margin 40.78%
Short Float 0.54%
Short Ratio 0.61
Target Price 60.45

I bought this on Tuesday, before Motley Fool's 2/25 article "Goldcorp Gleams with Golden Promise."

[Deleted]

-i forgot to add an exit rule ....
-if the trade becomes successful it will up cross and trade above a 4 period ma.
-normal trades stay on the up side of a 4 period ma.
- however should the trade fall below the 4 ma.
- rule is to close the trade at the opening of the next bar or period....
-correct exiting is as important as correct entering....
-this exit rule will save you a bundle and shoot your win-rate way up....
last exit rule is the 10% target rule.... don't be greedy have a GTC sell order set at a 10% profit..... (i don't always follow this rule) sometimes i forget to look at the stock's chart...

[ModE98]

This message has been deleted by the auther.

[ModE98]

Feb 26, 2011 15:39:04 GMT -5 ModE98 said:

This message has been deleted by the auther.

Yes, I know, that dingbat old coot cannot spell. AUTHOR

[clarkrl2]

long CELG (Celgene Corp.- Biotechnology)

Same pick as last week. I think the stock is selling at a discount to its fair value. My market bias right now is slightly bearish but I couldn't find any shorts I was happy with.

[Bluerobin]

I am going to stick with my old horse, ALU, long. Alcatel Lucent is on the way back, as long as the middle east unrest isn't too severe.

[Deleted]

2 Kids wrote:

Wow! That is one busy chart! It took me a while to see the candlesticks! Now, I've got to go back to your post and see if I can make heads or tails of your explanation... And I see you've gone long a "short" ETF!

this 130 minute chart is just for the visually impaired chart readers --- parabolic SAR, Time Series Forcast, and andrews forks removed..... 5,15, and 50ma shown and manually drawn parallel lines shown.... hope this is not too much info...

with all this posting b.s. this trade is bound to fail!!!

Attachments:

[Value Buy]

I really do not have a feel for the markets this week, so let me go long with Citi.
They performed poorly last week, so maybe they bounce back in spite of theirself.

[architecto25]

SRZ (Sunrise Assisted Living, Inc.) ( long )
closed Friday at 10.27; made a new 52 wk. high on Friday;
52 wk. high/low = 10.60/ 2.18
Provider of Senior living services in the U.S., Canada, United Kingdom & Germany

[mtntigger]

I'm going to go long with ABAT (Advanced Battery Technologies Inc.).

[yclept]

Paulette G.
Welcome to the board and the game. Just for information purposes, a high relative strength index is generally considered to be bad, not good. You said you had a real position in it. I would suggest taking a look at a longer term chart with RSI added as an indicator.
finance.yahoo.com/echarts?s=GG+Interactive#chart3:symbol=gg;range=5y;indicator=volume+rsi;charttype=line;crosshair=on;ohlcvalues=0;logscale=on;source=undefined

Disclosure: I have a holding in GLL which is a double short gold ETF, so you probably want to take that into consideration in evaluating what I said above. Obviously I have the opposite bias on gold.

[burger]

I'm sticking with YONG again this week.

[rovo]

rovo L TQQQ

I'm expecting a resolution to the problem in Libya this week and I think the market will react in a positive manner. Many other items could derail the markets but I have to make a choice and the trend is still upward.

[rovo]

here are the selections and opening prices for this week's game. Please check your pick for accuracy.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] Tyfighter3 [/td][td] L [/td][td] NOG [/td][td] $32.58 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] SlowbutSure [/td][td] L [/td][td] ABAT [/td][td] $3.89 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Yclept [/td][td] L [/td][td] CCCL [/td][td] $7.120 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] MajEasy [/td][td] L [/td][td] EEV [/td][td] $33.84 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] D. I. [/td][td] L [/td][td] UDOW [/td][td] $142.03 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] clarkrl2 [/td][td] L [/td][td] CELG [/td][td] $53.98 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] burger [/td][td] L [/td][td] YONG [/td][td] $7.25 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Bluerobin [/td][td] L [/td][td] ALU [/td][td] $4.95 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] CMFO [/td][td] $3.66 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] SOXL [/td][td] $70.900 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQQ [/td][td] $57.870 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] SRZ [/td][td] $10.68 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] TQQQ [/td][td] $87.52 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] cashflowz [/td][td] L [/td][td] NWLNF [/td][td] $4.12 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] PauletteG [/td][td] L [/td][td] GG [/td][td] $47.10 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] C [/td][td] $4.73 [/td][td] $0.00 [/td][td] -100.00% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.000 [/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]
[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] $0.000 [/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]

burger ... looks like YONG may be a good horse... at least off to a fine start. Up over .20 at 11 a.m. Now hope you have a long distance runner this whole week.

[burger]

Yeah, let's hope she isn't like the old nags you usually get where they jump out quick and fade by the back stretch!

[ModE98]

Too many of mine have jumped to a good lead in the first twenty or so yards and then fall back to the rear before the first pole. Had to send a few to the glue factory.
TPI has done that a couple of times, but believe it is a slow, but sure, plodder, just short-winded for a sprint. Will just last longer after many have been put out to pasture. Like the old tortoise and the hare.

[burger]

Well, I'm doing my part to "fix" the race. I added to my YONG position today. I'm sure that must be why it is going up!

[rovo]

Going into turn one we have players all over the place. Many gap-ups on the open today put some in the hole right off the bat.

Player

L or S

Symbol

$ Open

$ Close

% Close

[/b][/tr]
[tr][td] architecto25 [/td][td] L [/td][td] SRZ [/td][td] $10.68 [/td][td] $11.39 [/td][td] 6.65% [/td][/tr]
[tr][td] burger [/td][td] L [/td][td] YONG [/td][td] $7.25 [/td][td] $7.57 [/td][td] 4.41% [/td][/tr]
[tr][td] Yclept [/td][td] L [/td][td] CCCL [/td][td] $7.120 [/td][td] $7.29 [/td][td] 2.39% [/td][/tr]
[tr][td] ModE [/td][td] L [/td][td] CMFO [/td][td] $3.66 [/td][td] $3.74 [/td][td] 2.19% [/td][/tr]
[tr][td] PauletteG [/td][td] L [/td][td] GG [/td][td] $47.10 [/td][td] $47.81 [/td][td] 1.51% [/td][/tr]
[tr][td] D. I. [/td][td] L [/td][td] UDOW [/td][td] $142.03 [/td][td] $142.65 [/td][td] 0.44% [/td][/tr]
[tr][td] BenchMark [/td][td] L [/td][td] QQQQ [/td][td] $57.87 [/td][td] $57.77 [/td][td] -0.17% [/td][/tr]
[tr][td] SlowbutSure [/td][td] L [/td][td] ABAT [/td][td] $3.89 [/td][td] $3.88 [/td][td] -0.26% [/td][/tr]
[tr][td] rovo [/td][td] L [/td][td] TQQQ [/td][td] $87.52 [/td][td] $87.16 [/td][td] -0.41% [/td][/tr]
[tr][td] MajEasy [/td][td] L [/td][td] EEV [/td][td] $33.840 [/td][td] $33.64 [/td][td] -0.59% [/td][/tr]
[tr][td] cashflowz [/td][td] L [/td][td] NWLNF [/td][td] $4.123 [/td][td] $4.10 [/td][td] -0.63% [/td][/tr]
[tr][td] Bluerobin [/td][td] L [/td][td] ALU [/td][td] $4.95 [/td][td] $4.90 [/td][td] -0.91% [/td][/tr]
[tr][td] Value Buy [/td][td] L [/td][td] C [/td][td] $4.73 [/td][td] $4.68 [/td][td] -1.06% [/td][/tr]
[tr][td] clarkrl2 [/td][td] L [/td][td] CELG [/td][td] $53.98 [/td][td] $53.10 [/td][td] -1.63% [/td][/tr]
[tr][td] Tyfighter3 [/td][td] L [/td][td] NOG [/td][td] $32.58 [/td][td] $31.77 [/td][td] -2.49% [/td][/tr]
[tr][td] uncle.23 [/td][td] L [/td][td] SOXL [/td][td] $70.90 [/td][td] $67.33 [/td][td] -5.04% [/td][/tr]
[tr][td] 0 [/td][td] 0 [/td][td] 0 [/td][td] $0.000 [/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]
[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] $0.000 [/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]

[architecto25]

Rovo, primarily due to the performance of SRZ today, I was wondering if we could request that
the horse race management staff install a sign just above the gate that all horses and their riders pass thru to get to the starting gate.
Something like this: " A REMINDER TO ALL HORSES AND THEIR RIDERS......THIS IS A
5 DAY RACE........NOT JUST ONE DAY....THE FINISH LINE IS FRIDAY AFTERNOON." LOL.

[ModE98]

Tough day, so far.... looks like the shorts should do fine if the downtrend holds 'til 4pm.