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Originally posted by Runner
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The good eps, high RS stocks on my lists as well as IBD's lists have taken a beating the last couple of weeks...These stocks overall tend to be volatile...Best to leave them alone for now IMO...Best, Doug"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
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Since the Key reversal day in the S&P 500 on 5/11/06 this is how the FA stocks I selected based on Fundamentals have thus faired the dark clouds:
DXPE -36.87%
LVS -11.25%
NTRI -14.16%
RES - 30.65%
HANS - 15.35%
ARXT +7.67%
BJS -12.74%
FCL -29.06%
QSII +17.67%
ISRG -11.65%
GOL -20.37%
CTSH -13.39%
LCAV -14.99%
NSR -16.17%
Not a pretty sight and it just goes to show how some high flyers flop when a key reversal in the indices occur.Comment
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I was checking out some fA stuff and was wondering what some of you think of the fundamentals on CRDN? Is this stock a value play to 65?Comment
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I would say it is...DougOriginally posted by Runner"Trade What Is Happening...Not What You Think Is Gonna Happen"
Find Tomorrow's Winners At SharpTraders.com
Follow Me On TwitterComment
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Runner,
CRDN looks very good , but most services have it rated as a sell. Maybe because of the current market they say the timing is bad. Vectorvest says sell although they say it has a value of 86.82 earnings growth rate 27% sales 95%, well above average safety. Rated outperform. Stockscouter gives it a 7 of 10. Barchart says sell.
-------billyjoeComment
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Billyjoe, I’m trying to figure this FA stuff without the distorted judgment from the experts. What do you think? I don’t trust the experts with buy and sell. IMO I think they do the opposite of what they recommend.Originally posted by billyjoeComment
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Just A Side Note ...
IMCL up 2.5%Originally posted by Runner
—RobComment
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Runner,
I'd seriously consider buying it , but wouldn't expect a significant gain in a few days. It could take months and I think it will be up considerably within a year. I've sold a ton of great picks too early, very few end up being dogs unless something unusual or illegal happens. CRDN appears to be legit.
--------billyjoeComment
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Runner,
Did you ever Google stockscouter and click on top 50 fundamental stocks or top 50 technical stocks? Interesting stuff.
---------billyjoeComment
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If you use their Power Search tools, you can create a customized search such as VectorVest uses. The similarities are quite remarkable and the fact that it is free says a lot for the service.Originally posted by RobNo need to Google it ... just click this link.
I suspect the same author for both tools.Comment
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Can it be any good at all? I see PARL didn't make the list. lolOriginally posted by GatormanComment
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Billyjoe, here is a suggestion on a very simple system. Pull up a weekly chart with 10 day simple moving average and 40. Chart settings for last three years.
Notice stocks that bounce nicely off the 40 and look to get long on crossover of the 10. Simple but yet effective. As stock moves in your favor trail stops under the 40. When you see a lot of daylight between the moving average this indicates the trend is in acceleration mode. Now the long signal happens when the 10 and 40 close the daylight and converge. Here was entry signal on this example. Most stocks right now do not look hot for using this trend following method.
Here is an example
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Gil
Few things I like about GIL:
It appears to me GIL knows how to make money. During the last 10 years this stock has consistently turned a profit. The company is worldwide with its headquarters located in Canada. It currently has 11,000 employees worldwide.
What Do they DO? They simply manufacture T-shirts and sweatshirts. They plan to expand into the underwear and athletic socks as well.
Management:
Under Mr. Chamandy's leadership, Gildan has become the largest worldwide manufacturer and marketer of T-shirts, and the undisputed market leader in the North American imprinted T-shirt industry. Sales have increased from U.S. $224 million in 1999, Gildan's first fiscal year as a public company, to approximately U.S. $650 million projected for the Company's current fiscal year. During this time, the Company has achieved average annual growth in earnings per share of close to 30% and has maintained an average return on equity of close to 30%. The Company's shares are traded on both the TSX and the NYSE. The share price has increased from U.S. $1.75 at the time of its Initial Public Offering in June 1998 (after given effect to two subsequent stock splits) to over U.S. $33. Its equity market capitalization has increased from U.S. $70 million at the time of the IPO to approximately U.S. $2.0 billion.
The Company has announced a 5-year strategic plan to continue its sales and earnings growth. In addition to continuing to build on its leadership position in the North American market for imprinted T-shirts, sweatshirts and sports shirts, the Company's plans include penetration of the mass-market retail channel for these products, the introduction of complementary products such as men's and boy's underwear and athletic socks, and significant expansion into new international markets.
This management team knows how to turn a profit.. On June 20th they will acquire 100% control of the equity of Kentucky Derby Hosiery Co…Total deal is worth about US $45 million. Kentucky Derby has annual sales in excess of US $130 million.
I think this company is solid and set for further growth. I think I will pick up some shares for a LONG position. My fuzzy FA logic tells me it is a buy..Comment
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My very first FA port has the following
CRDN HDI K GILD MFLX and soon GIL. My biggest short-term winners are K, and CRDN. HDI and GILD are currently negativeComment
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