The Spirit of '76 Top 5

[spikefader]

ftek is different from ftk (which has been absolutey red hot lately....ftek ain't done so bad either). I like dwsn but there's something wierd about it....can't put my finger on it?? ACH...still own it and wonder why I haven't sold it yet.

Ah, typo that be! Nay FTEK.......I meant t' type FTK.

[spikefader]

Gentlemen,

I'd like t' weigh in on the ACH discussion and say that a monthly 3 up is a monthly 3 up until it ain't.

Other thoughts: On May 2 this year I filtered the MM NFL data dump for bonus S8 stocks.......(thanks again Ernie, ye huge one)......and ACH qualified and survived a 4% stop loss from the open of th' next day. Twas a perfect entry actually; and it's +68% from then

I also note ACH is on the July 2 S8 list, and +10% from then, targeting +40% or greater.....twas a perfect entry from that point too....surviving th' mandatory 4% stop loss.

The trend be thy friend fer ACH I reckon.....

[Al1000]

Weekly shows a price target of $68 via Dow Theory; Point and Figure (PnF) says $66. Nearing a top? Has been a strong runner thus far

MYL:PnF says she's headed to $12 . . . from the current price of $18.05. Not a bullish chart by any means.

Thanks for your comments. I know MYL is not bullish at all but according to your analysis we should expect its target price on 15$. Uff, -20% from now. Is it possible to predict when this should happen? Weeks, months .....?

ACH, never ending story. Buy or not to buy this is a question for modern Hamlets. Ok your tech. arguments are strong (gaps, RSI, N/A target) in a way not to buy but in other hand the curve is at the moment bullish in any way, short or long period. Do you see any negative divergence? I am still waiting to go in.

Another reason why MBT, MYL or ACH in my portfolio. I look more global. My portfolio is based on 10 stocks from EU and SE Europe. (5 from EU, 1 Bosnia, 2 Serbia, 2 Montenegro). Recentlly I have put in MBT(Russia) and MYL(US). I want one stock from China. I believe ACH is a good bet. As I said, if portfolio is spread all over the world this is a good mechanism how to fight against local corrections. My next step is Africa.

[Tatnic]

Ahh...But the corruption in China...It will catch up sooner or later...Not that I don't think that there is corruption in the USA...But China...It is a way of life and it will hit many industries...And if it does all at once...I hope you have your parachute handy...Actually, my largest holding is MR...But I'm more of a risk taker than most...Best, Doug(IIC)

big difference is that the guy who was last in charge of china's drug production was sentenced to DEATH for corruption....in our great country, we've only just begun sending the scum bags to prison, well except ol scooter boy, he gets to stay home and watch gomer pyle reruns.

[New-born baby]

Thanks for your comments. I know MYL is not bullish at all but according to your analysis we should expect its target price on 15$. Uff, -20% from now. Is it possible to predict when this should happen? Weeks, months .....?

ACH, never ending story. Buy or not to buy this is a question for modern Hamlets. Ok your tech. arguments are strong (gaps, RSI, N/A target) in a way not to buy but in other hand the curve is at the moment bullish in any way, short or long period. Do you see any negative divergence? I am still waiting to go in.

Another reason why MBT, MYL or ACH in my portfolio. I look more global. My portfolio is based on 10 stocks from EU and SE Europe. (5 from EU, 1 Bosnia, 2 Serbia, 2 Montenegro). Recentlly I have put in MBT(Russia) and MYL(US). I want one stock from China. I believe ACH is a good bet. As I said, if portfolio is spread all over the world this is a good mechanism how to fight against local corrections. My next step is Africa.

If you like ACH, buy it. To protect yourself, use the option chain. If you are able to watch the trading all day long, you simply sell a call. Or use the 4% or 7% stop loss methods of Spike and Ski. And remember, I could be wrong. And I do like ACH and I do like the sector. Spikefader, who is an excellent trader, expects another 30% out of it (that would be a target of $61.49).

If your choices are MBT, MYL or ACH, I'd say "no way MYL long here." Again, I'd look for either the $12 or $15 entry, and it would have to prove it was bullish, chartwise. By this I mean a chart formation that shows the chart has changed to bullish. The better play is to short it here with a $15 or $12 target. Then you could flip and go long if you wish. As for MBT or ACH, well, I like ACH better I think.

Let us know what you decide.

[Tatnic]

Thanks for the info. ACH: I was unaware of its P/E--very impressive. The weekly RSI shows overbought for two months, and sooner or later, that corrects. The Point and Figure chart says "target reached with no new identifiable target." Both of these factors are technical, and indicate that ACH may have topped. The daily chart shows a gap up, with a corresponding gap fill the very next day, followed by another gap up with a doji--a technical indication that there is much over head resistance, ie, selling.

I like your recommends. THANK YOU! I'll check the charts and post on them here.

you can't put any faith in state-owned company numbers....they can make them whatever they want.

I first noticed this stock over a year ago and posted it in one of my early scans...it was at that time a pretty new issue if I recall correctly. I own it from much lower levels but it has really just started accelerating over the past 2 months. They bought a speculative company I posted about (cup), which was a gift for them...I really don't know what to think of ACH other than I'll hold it until proven wrong.

[Al1000]

If you like ACH, buy it. To protect yourself, use the option chain. If you are able to watch the trading all day long, you simply sell a call. Or use the 4% or 7% stop loss methods of Spike and Ski. And remember, I could be wrong. And I do like ACH and I do like the sector. Spikefader, who is an excellent trader, expects another 30% out of it (that would be a target of $61.49).

Let us know what you decide.

I am going with ACH next week. Peter Hansen said where the stock hit its 20 SMA that would be a good buy point. Maybe I will do the same or just look for some local minimums. Spikefader expects 30% out of it. Does he have any good arguments for that statement?

[Peter Hansen]

VSEC For quick 15% POP

VSEC for quick 15 % pop.....but ACH would be my choice for the longer haul

[jiesen]

my 2 cents

ACH looks to be on a mighty tear right now, with no end in sight. The fundamentals are quite solid with this one, and it could easily double from here. It's trading at 1x book and a 3.5 P/E. Cheap!

DWSN looks riskier than ACH, with a P/E of 23. However, the growth is impressive, and balance sheet healthy (no L-T debt). The business they're in will continue to rock, as oil companies work harder to find the new deposits.

FTK and MTOX both seem overpriced with P/E's over 40. MTOX more so than FTK, because the industry it's in is a bit more precarious (labs can be easily shut down or lose major business if quality suffers). Neither, imo, looks on the surface worth taking on such risk. Maybe there's more to it, and I just haven't dug enough to find it?

VSEC is one of the best, if not the best in the bunch. It's a great undiscovered gem, doing absolutely great business right now, and there's just so much money to be made doing gov't engineering contracting that sky's the limit with this one. The price is good, too. Not super-cheap, with a P/E over 20. Still, the growth is steady, and should keep this one climbing at least 15-20% per year (or even in 6-8 weeks!) for quite some time to come.

So, to recap, my ranking would be as follows:

1) VSEC

2&3) ACH/DWSN (tie) ACH is a safer pick, but DWSN would probably hit 15% faster, and both look great to me. I'd need to look closer to really tell which is a better buy right now.

4) FTK

5) MTOX

I'll be looking further into all of these, especially VSEC. And even if $$MM doesn't buy VSEC, I probably will.

[Karel]

It is hard not to like any of these stocks, but I prefer DWSN. Highest R-squared, good revenue and earnings; what is not to like?

Regards,

Karel

[papagatorga]

MTOX and DWSN both came up on one of my screens over the weekend, so I bought both at the open today.

[bjdj]

DWSN for me

I bought DWSN yesterday at 60.84. Up a little today. I looked at all-I liked what I saw on ACH too but I was afraid of a big correction. I actually liked ACH more because of the growth of the China Consumer market-they will need alot of basic materials to satisfy them. I will probably buy ACH in the near future for a longer term hold.

I am eagerly awaiting the Mr Market pick to see if I have read enough.

I learn every day I can read this forum...

Nice place you have here Mr Market! Thanks

Bob

[Al1000]

I went in with ACH today at 45.80. I hope I going to avoid big correction. I am still holding MBT (+18%, 4 weeks).

[New-born baby]

I went in with ACH today at 45.80. I hope I going to avoid big correction. I am still holding MBT (+18%, 4 weeks).

I hope you can avoid it, too. I received a warning from Marty Chenard yesterday about China's market. Not pretty, from a technical standpoint.

[papagatorga]

Al1000, curious about your ACH entry, it is already at the very top of it's two year Linear Regression Channel, which is one standard deviation. I know it can go to two standard deviations or higher but with 66% odds saying it is around a high, you must know something. Investing is a probobality game to me and I like the odds greatly in my favor although there is still no assurance of a winner. I like to buy when it approaches two deviations down and set trailing stops when it goes above one standard deviation. Good luck on your trade!