Portfolio of the week - 2008

[stojakapimp]

Well it's my first try at the POTW, and I'm gonna go with CCRT long. Hope it does me well.

[skiracer]

Good show. Hope you took a moment to read the rules on the 1st page of this thread. No big but there are options that you might want to take advantage of and without reading them you could be slighting yourself and maximizing your chances. But good luck and hope to see you competing every week.

[stojakapimp]

Good show. Hope you took a moment to read the rules on the 1st page of this thread. No big but there are options that you might want to take advantage of and without reading them you could be slighting yourself and maximizing your chances. But good luck and hope to see you competing every week.

Yeah, I read the first page, so I know about the penalties and all. One question though...are we allowed to put stops on our orders, or do we have to explicitly say if and when we want to sell it?

[skiracer]

Yeah, I read the first page, so I know about the penalties and all. One question though...are we allowed to put stops on our orders, or do we have to explicitly say if and when we want to sell it?

Just recently added the option of using a 7 % stop or not. If you want to use the stop option then you have to state at the time of posting your pick that you want the stop placed on it. then if it breaches the 7% you are exited automatically preventing further loss. Otherwise you exit whenever you want to exit or if as happened this week with Spike's short play the stock fell below the $2.00 price minimum and that automatically stops your pick out as all plays must maintain a $2 minimum price level to stay in the game. No big one way or another on reading the rules. If you do something outside of the rules someone will mention it to you. Good luck with your pick and glad to see you in there this week with the rest of us.

[New-born baby]

Well it's my first try at the POTW, and I'm gonna go with CCRT long. Hope it does me well.

Well, it is right at support, so a nice place to take it long. Best wishes!

[jiesen]

Congrats on the winning picks, Spike, Ski and Newborn!

Ski, please give me LJPC long again for next week, with a stop. Thanks!

[skiracer]

Congrats on the winning picks, Spike, Ski and Newborn!

Ski, please give me LJPC long again for next week, with a stop. Thanks!

I see that the stop option is starting to look good and make sense. nice option to have in your arsenal as a tool.

[IIC]

I will pick MEA long...Doug(IIC)

[New-born baby]

DCGN short, pretty please.

[jiesen]

I see that the stop option is starting to look good and make sense. nice option to have in your arsenal as a tool.

yes, and if I'm going to be stopped out (very possible this week) I'd rather it be at a 7% loss than at $2!

[Rob]

I will pick MEA long...Doug(IIC)

You dawg, Doug, you took my pick. Okay, Mr. Uphill Racer ... I suppose I'll stick with AXS long again this week, unless another idea presents itself.

[skiracer]

yes, and if I'm going to be stopped out (very possible this week) I'd rather it be at a 7% loss than at $2!

makes alot of sense to me. good luck this week Jiesen.

[IIC]

You dawg, Doug, you took my pick. Okay, Mr. Uphill Racer ... I suppose I'll stick with AXS long again this week, unless another idea presents itself.

I'll sell it to you...I have a coupla other pix in mind

[Rob]

Change of Plans

I suppose I'll stick with AXS long again this week, unless another idea presents itself.

Okay, another idea presented itself: In view of this that appeared on the main Yahoo Finance page ...

... I will instead pick GOOG long this week! Thanks, Mr. Uphill.

Afterthought: And Cap'n Spike, if ye'd see the skies be clearrr enough ter accept me parrrlay, I'd sail GOOG long on the Scuttlebutt too. Yarrrrrrrrr!

[Rob]

I'll sell it to you...I have a coupla other pix in mind

Thanx, Doug, but as you can see, I've decided to go with GOOG.