I have 38 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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the only fundamental reason to own this is if you think they have a good chance at making their battery work. Other than that its strictly a speculative chart play. I've got a small position that I would hope over time grows faster than the rate at which they sell stock or burn cash.
...a very speculative small fry, moving up strongly here. They make lithium ion batteries for automobile applications. Don't know if they're considered a "player" in the industry, I don't think they're up there with the japanese battery makers. But a chart's a chart.
...a very speculative small fry, moving up strongly here. They make lithium ion batteries for automobile applications. Don't know if they're considered a "player" in the industry, I don't think they're up there with the japanese battery makers. But a chart's a chart.
In Feb. 2005 I bot ALTI at 4.58. In May 2005 I sold ALTI at 2.80. (sigh)
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ALTI b/o
...a very speculative small fry, moving up strongly here. They make lithium ion batteries for automobile applications. Don't know if they're considered a "player" in the industry, I don't think they're up there with the japanese battery makers. But a chart's a chart.
I mentioned TASR back when the pick of the year contest was just beginning for this year. I liked it then and still like it now. It was in the low 8 range when I first mentioned it and entered it in the POTY contest. I bought a considerable amount then for a long term hold over the course of the year. Up over 4 points to date. Still think it will go to over 30 by the end of the year which would still make it a decent buy at these levels.
I' ve probably said this a couple of times already, but I hardly look at anyone else's picks, well at least not from the standpoint of something to buy/short. I've learned (am still learning and adjusting) to develope my own system and if someone (who I respect) finds similar stocks that I like then it just reinforces my convictions.
I have noticed however that Peanuts tends to find stocks/companies that I like, usually before I finally spot them breaking out or whatever. But to single him out doesn't do justice to the many others here that are pretty decent at what they do (you included)...its just that he and I seem to like similar companies and charts, at least enough that I've noticed the similarities even if I don't mention them all.
..sorry I didn't mention this one sooner but its strength is quite impressive lately, even in the face of a market swoon this week. Looking at the chart it looks to me like its cleared several different, important resistances levels and could keep on moving higher to eventually test all-tiime highs...but then again, I could just be wildly optimistic.
I mentioned TASR back when the pick of the year contest was just beginning for this year. I liked it then and still like it now. It was in the low 8 range when I first mentioned it and entered it in the POTY contest. I bought a considerable amount then for a long term hold over the course of the year. Up over 4 points to date. Still think it will go to over 30 by the end of the year which would still make it a decent buy at these levels.
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..a small driller
..looks to be breaking above resistance on the weekly.
..sorry I didn't mention this one sooner but its strength is quite impressive lately, even in the face of a market swoon this week. Looking at the chart it looks to me like its cleared several different, important resistances levels and could keep on moving higher to eventually test all-tiime highs...but then again, I could just be wildly optimistic.
I have been in and out of GROW several times. It's a financial but I like it! Thanks for reminding me. Chart looks very very good right now. Think I'll make a small wager today. River
Have bids in for GROW and CCC today. Hope they fill.
Yea! Just snagged both of em. Riv
GROW got taken down with the ship but its still right there around support (I would have liked to see it close above $25).
CCC could/can be volatile. I believe that when you buy it up here, away from the last breakout level you can almost expect a retracement back down towards it, ie it could safely retrace back under $9 and still be safely within its stage 2 move. So either set your stops wicked tight or wide and loose....depends on your position size really.
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