Portfolio of the week - 2008

[skiracer]

Ski I am not sure if you saw it yesterday... but I bought to cover on MBI and went long at 11.61... you can check it too... I used my live quotes to make sure it was exactly accurate... I went long at MBI at that price...

I am not sure if you got that or not? Sorry for the bother if you did...

I missed that one Jerry but now that you mentioned it I do remember reading it. I'll take care of it in the morning if you don't mind please.

[jae16]

I missed that one Jerry but now that you mentioned it I do remember reading it. I'll take care of it in the morning if you don't mind please.

hey no problem.... that was such a crappy overall play I don't probably deserve it anyway...

[dmk112]

DMK,
I got you in at 10:39 a.m. at $25.00.

sweet, thanks ski.

[funnymoney]

Hey Ski, can you list me in the next graph you make? I want to make sure everyone see's how crappy I do the first week, so this newbie don't get killed.

Hope you feel better soon.

FM

[Rob]

Wow! Looks like the average score of all the shorts so far this week is -20.15%. Hmmmmm.

[skiracer]

i figure i am dead in the water this week so... I don't know... tough to make up 30%...

i guess I will go long MBI now at 11.61... i knew this one was ultra risky... would have never played it in real life...

I need to start making some better plays in the POTW contest

Jerry,
I have no problem with your changing positions but I need you to to post it separately please so that I can see it clearly. When you bury it in the middle of a post it becomes harder to see and remember it. Plus you have to exit the first trade first please before making another pick. Example: Cover MBI - short / Enter MBI - long. And if you would please put it on a separate line by itself. That way it stands out and the chances of me missing it are lessened.
"I guess I will go long MBI now at 11.61" in the middle of the paragraph makes it harder for me to pick up. Thanks for your cooperation.

[skiracer]

ski, I just noticed that there was some discussion of a "kraken" type rule here, an intraday stop loss. I am not in favor of this being a rule, some stocks have pretty wild swings, and I think we should be able to stay in them if we want. For example, I have been following COIN and trying to decide whether to play it or not. My suggestion would be to make a stop loss optional, perhaps with a default (either with stop or without). For example, if I said "COIN-long" and said nothing else, there would be a 7% stop loss. But, I could also say "COIN-long-no stop". This is just a just a statement of my opinion on the matter and a suggestion for your consideration, I have too much appreciation for the work that you do here to object strenuously to whatever you decide regarding the rules.
regards ... stenz

Stenz,
That's not a bad option. At Spike's the 4% stop knocks you out of the game for the remainder of the week. I like that because it makes you think more about your selection. That's one of the things that I am trying to do with the POTW. The difference being that in Spike's game you only get the one pick per week and that's it so being stopped out it more significant. Here there are up to 4 picks and being stopped out of one doesn't eliminate you from the game entirely. I just wanted to keep some of the larger drops from happening. I like your idea and I think it could work out well here under our setup and rules. I would like to hear some feedback on Stenz's suggestion please. It seems to be a viable option to try for a week or two anyway. I'm thinking about installing the stop rule, in some form or another, next week for a trial run just to see how it works out and how everyone takes to it. More feedback please.

[jiesen]

Stenz,
That's not a bad option. At Spike's the 4% stop knocks you out of the game for the remainder of the week. I like that because it makes you think more about your selection. That's one of the things that I am trying to do with the POTW. The difference being that in Spike's game you only get the one pick per week and that's it so being stopped out it more significant. Here there are up to 4 picks and being stopped out of one doesn't eliminate you from the game entirely. I just wanted to keep some of the larger drops from happening. I like your idea and I think it could work out well here under our setup and rules. I would like to hear some feedback on Stenz's suggestion please. It seems to be a viable option to try for a week or two anyway. I'm thinking about installing the stop rule, in some form or another, next week for a trial run just to see how it works out and how everyone takes to it. More feedback please.

I think Stenz's is an excellent suggestion, and should help with the concerns of those who don't like the idea of a stop-loss messing with their picks.

[skiracer]

JAE16 made a nice switch on the MBI play. I'm giving him the benefit of the doubt with the call because I believe his intentions were pure. Vague but pure. I'm going to pass it off as a new recruit and let it go. Next time it gets buried in the middle of your post like that and , "I guess I'll go long MBI", and you're not specific as to what you want to do Jerry don't even mention it to me because it won't fly. I'm not here to dig anyone's intentions out of their posts like this one. You see how everyone else does it. Make sure you do it the same way from now on. Great call Jerry and it changes the entire order of the standings. Here is the new order of standings:

[Karel]

I think Stenz's is an excellent suggestion, and should help with the concerns of those who don't like the idea of a stop-loss messing with their picks.

If there are stops and a "no stop" option, I will certainly use the "no stop"!

Regards,

Karel

[skiracer]

If there are stops and a "no stop" option, I will certainly use the "no stop"!

Regards,

Karel

Karel,
If those are your feelings then, "no one can STOP you".

[jae16]

Jerry,
I have no problem with your changing positions but I need you to to post it separately please so that I can see it clearly. When you bury it in the middle of a post it becomes harder to see and remember it. Plus you have to exit the first trade first please before making another pick. Example: Cover MBI - short / Enter MBI - long. And if you would please put it on a separate line by itself. That way it stands out and the chances of me missing it are lessened.
"I guess I will go long MBI now at 11.61" in the middle of the paragraph makes it harder for me to pick up. Thanks for your cooperation.

Sorry about that... I will make sure to be more clear about my intended play next time...

[Rob]

Ski, what exchange does LPJC trade on?

[skiracer]

Ski, what exchange does LPJC trade on?

Muchos gracias hombre!

[skiracer]

weeeoooo! Some wide price swings in a few issues. It appears ROCM is VULCANIZING a run for the top spot with several others in the hunt. In the meantime MBI may be experiencing premature expectations. Up and down, up and down, and up and down. Some very volitaile movement in these markets over the last few days.