Billyjoes Top 10 Cheap Stocks

<< Hypothetical >>

Billyjoe, what slippage factor are you using in your return calculations?

Egy

<< any thoughts on EGY? >>

Shooting star bar so far today. It's moved up almost non-stop since late October. Oil's up big again today and I would think it's got to take some profits soon but the Feb. crude contract is actually coming out of a short consolidation zone so it could continue moving up another couple of dollars per barrel.

[billyjoe]

Dave,
Hypothetical, a ten week experiment. While you're here, any thoughts on EGY? Thanks

billyjoe

Are these real trades or a hypothetical portfolio?

[billyjoe]

Cheap Stock Port Week 9 Thursday

Two more stopped : PRFT $95,897 and LPSN $98,761

We're not too certain where the market is heading so we're only reinvesting $400,000 today. $100,000 in [email protected] and $300,000 in EGY @4.77. We've got about $217,000 in cash. Remaining positions MOSS , EGY , and LPSN.

billyjoe

[billyjoe]

Was surprised to see 2 of my remaining 5 , EGY and MOSS listed in the top 100 of 3500 largest traded companies in Joel Greenblatt's "Little Book that Beats the Market". This means they are in the top 3% when adding ROE + earnings. These are screened from companies with cap > 50 million. Smallest company on list is NATH 57.2 mil. Largest is BSX 21.7bil.

billyjoe

[billyjoe]

Cheap Stock Port Week 9 Wednesday

HOM sale $95,010 to [email protected] now worth $95,643

TLF sale $95,072 to [email protected] stopped at 10.56 worth $91,627

MED stopped today value $102,027

GEOI stopped today value $111,746

RWC stopped today value $119,060

From our 4 stopped positions we have $424,460 to reinvest tomorrow if any of the remaining 5 , MOSS NUAN PRFT EGY LPSN look promising.

billyjoe

[billyjoe]

Cheap Stock Port Week 9 Tuesday

To date we have 2 positions stopped HOM and TLF. We have $190,082 from them to reinvest either Wednesday or Thursday. Of our 8 remaining positions only NUAN is below it's purchase price and by less than 1%. Here are the highlights of our other positions:

PRFT--unchanged
EGY--+.9%
MOSS--+1.9%
LPSN---+2.65%

MED---+5.57%
GEOI--+12.6%
RWC---+22.8%

Three more decent days and we're in the $$$


billyjoe

[billyjoe]

Cheap Stock Port Week 9 Tuesday

TLF stopped 6.56 funds remaining $95,072

Early Movers : NUAN +2.24% GEOI +6.02% RWC +6.57%


billyjoe

[billyjoe]

Week 9 Cheap Stock Portfolio Monday--Boy squeezing this thread in is like trying to get it through the eye of a needle. Lots of information to digest.

Opening prices

HOM 5.21--stopped at 4.95
MED 5.92
MOSS 5.76

TLF 6.90
NUAN 8.33
RWC 7.45

PRFT 9.75
GEOI 9.45
EGY 4.59
LPSN 5.65

Today's best RWC +10.95% GEOI +9.92% PRFT +3.12% MED +2.89% LPSN +2.31%

billyjoe

[billyjoe]

Week 9 Cheap Stock Portfolio

HOM--5.23--home restoration after floods, wind damage

MED--5.88--diet and health products

MOSS-5.77--licenses and designs clothes for target stores

TLF---6.85--wholesale and retail leather goods

NUAN--8.21--speech and digital imaging software

RWC--7.40--wireless mobile radios

PRFT--9.62--provides information technology to central U.S.

GEOI--9.07--oil and gas exploration North Dakota and Montana

EGY--4.53--oil and gas exploration Texas gulf coast and West Africa

LPSN--5.62--online customer service software

billyjoe

[billyjoe]

Spike,
So far the Hold and Fold method is up 2 weeks and down 6 weeks. Reinvesting is up 4 down 4. A clear pattern seems to be emerging. 7 or 8 stocks hit stops with 2 or 3 advancing by Thursday or Friday. Wednesdays and Thursdays they do well, but usually tank by Friday. Maybe I should study charts of the advancers more closely and pull out faster.

billyjoe

[spikefader]

Interesting how this week played out. Put it down to the volatility of that key reversal day when the system got whacked. But despite that it recovered nicely by reinvesting!

I tell ya, there's something to this leveraging winners idea. Creme of the Crops 1 and 2 are living proof of that; both still alive and growing. In the sideways market, Superstock MCO carried the port through that sideways stuff and Crop 2 is even better than 1.

Anyway, I'm reading this thread with interest, so thanks for posting it.

[billyjoe]

Final Report Week 8 Cheap Stock Port

We sold everthing yesterday. Actually all hit stops except for our superstock believe it or not HOM up 19.42% in 3 days. This is the first time it wasn't stopped early in 8 weeks.

Reinvesting method final results $1,006,495 gain of .65%

Hold and fold method :

MOSS stopped Tues. $94,939
LPSN stopped Tues. 95,062

AEY stopped Tues. $94,923
RWC stopped Tues 94,937

CMT stopped Tues $94,969
STAK stopped Tues 95,040

APLX stopped Wed. $96,925
TLF stopped Thurs. 99,417
EGY stopped Thurs. 101,647

HOM sold Thurs. $119,419

Grand Total $ 987,278 minus transaction fees = 987,078 loss of 1.3%

billyjoe

[billyjoe]

Cheap Stock Port Week 8 Thursday

I'm outa here ! TLF stopped at $99,417 giving us 8 losers and 2 winners EGY sold at +1.64% or $101647, but the big news is HOM sold at 5.35 after reinvesting $500,000 @5.15 giving us a 3.88% gain or total of $519,417 on the reinvested funds plus a whopping gain of 19.42% on the original $100,000 giving us $119,419. Bottom line one stock HOM makes us a profit of $38,836 in less than 3 days !

Totals

HOM-- $119,419
EGY-----101,647
TLF------99,417
reinvested $519,417
cash-------166,795

$1,006,695 minus transaction fees of $200 leaves $1,006,495 gain of .65%

Should I stick with the gain or gamble it tomorrow on HOM ?

billyjoe