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 -- architecto25
9:05 am Monday.... changing my pick from CMFO (afraid it may jump out too far at the gun).
Will go long with TPI (Pharmaceuticals in China) as it looks weak to start and I did not make last place last week. It feels too strange not to be running last. This should make sure I stay in the lower group at least, so things will feel more normal.
NANO long I bought some of this today on a late-fill limit. It is a new pick by one of my best value screens. I also read that Cramer denigrated NANO in favor of CREE, and can hardly think of a better reason to own a stock than to go opposite to that dolt. I don't see anything to dislike about the following fundamentals: P/E 6.31 PEG 0.32 Price/Revenue 1.84 Price/Cash Flow 5.64 Price/Book (MRQ) 1.99 ROA 30.46% ROE 40.31% Current Ratio (MRQ) 5.18 Total Debt/Equity (MRQ) 0.06
It looks to have some support below it's current price and if it moves a dollar or two up it shouldn't have any resistance until 360 and then the trendline should be around 390. I'm thinking of adding a position this week using call options but reserve the right to back out.
Post by architecto25 on May 8, 2011 19:25:59 GMT -5
AXTI (AXT, Inc.) (long) Closed Friday at $8.27 52 week high/low = $12.23/$3.87 Company is in Fremont, CA.; 1,302 employees The company is a developer and producer of high-performance compound & single element semiconductor substrates. ..........please read that back to me, as I'm a chartist and don't understand all the fundamentals......
I'm going to take a chance on the semiconductor industry. This sector is in very good shape with the exception of the Japan problem. The chart appears to be indicating the beginning of a rise. Also, since this is just a game, I might as well go all the way with a leveraged play. SOXL is a 3X ETF and SOXS is a -3X ETF.
Well, it was great pick... TPI is fading after a few steps. Will need to visit the Vet as soon as this race is over. This is an old street cart horse posing as a thoroughbred. What a useless piece of horse manure.
Actually the 2nd place honors through today are riding with Bluerobin -- I should have saddled SOL instead of NANO -- could have made a better race out of it. Those solar stocks were pretty hot today (pun intended) and SOL was particularly so. In real ports I threw a leg over COW today -- this one might be able to run with the horses next week. Hah; probably a first-ever, a cow and horse race.
Gwine to run all night! Gwine to run all day! I'll bet my money on de bob-tail cow, Somebody bet on de bay.
Last Edit: May 10, 2011 16:07:06 GMT -5 by yclept - Back to Top
No hanky panky. I was busy mucking out the stables over the weekend.
Jiminy! You guys are letting Blue win? Yclept is only placing? And Mod is NOT in last place? Arch... tsk, tsk... are you trying to prove what goes up, must come down? rovo... well we won't speak about your performance; you obviously need me around to encourage you not to dawdle.