IIC's Winners Watchlists

[IIC]

AWESOME DUUUUUDE!!!!..... Hey IIC? are those IBD charts?

IBD doesn't know what the ______ Advance/Decline means...Doug

[IIC]

Top DJ Industries Y-T-D:


DJ US General Mining Index 12.92%
DJ US Gold Mining Index 12.45%
DJ US Oil Equipment & Services Inde... 10.72%

[IIC]

IBD Stocks:

http://www.investors.com/yahoofinance/2006w03/slideA01.asp

[IIC]

From Morningstar

The Market's Most Overvalued Stocks

Consider selling these pricey shares.

by Mitchell P. Corwin, CFA, CPA | 01-13-06 | 06:00 AM

Equity valuations as a whole barely budged in 2005, but the market remains a bit on the pricey side when compared to Morningstar's collective fair value estimates (To see more on Morningstar's perspective on market valuations, check out our Market Valuation Graph). The median stock in our coverage universe of 1,700 stocks is now trading at nearly a 10% premium to our estimate of its fair value. However, within our overall coverage universe, there remain plenty of stocks that are trading at significant discounts or premiums to our fair value estimates.


For today's Stock Strategist, we'll take a look at some stocks at the high end of the range: those trading at prices more than 2 times our estimate of the company's underlying fair value. Nearly 100 stocks were pricey enough to pass this screen as of Jan. 11, 2006. All of these stocks are expensive enough that we'd consider selling them, but we narrowed the list a bit further by screening for stocks lacking an economic moat and showing an above-average level of business risk.

A total of 80 stocks made the final cut. Over one fifth of those stocks were in the industrial materials sector and nearly another fifth are classified as energy firms. The common thread running through many of these high-priced stocks is the influence of high energy prices and insatiable demand by investors for anything remotely correlated with the booming price of gold.

In addition to energy and industrials, many other sectors are represented in this list, including media, business services, financial services, hardware, and health care. I thought I'd highlight a few of these larger companies that we think are overvalued for reasons other than having to do with the price of commodities:

Sirius Satellite Radio SIRI
Price/fair value ratio: 302%
From the Analyst Report: "With all of the substitutes to satellite radio available, each installed satellite radio unit will not translate into a self-paying subscriber. Not all consumers will want to spend $150 per year for satellite radio when terrestrial radio, still available through satellite radio hardware, costs nothing. In our opinion, digital music on MP3 players, wireless networks capable of streaming Internet radio into the car, and content through cell phones loom as potential threats, too."

US Airways Group LCC
Price/fair value ratio: 330%
From the Analyst Report: "Let's get one thing straight: Newlywed US Airways is not a low-cost carrier, no matter what its ticker suggests. Despite its newfound financial stability and some favorable near-term industry trends, US Airways cannot escape its poor business fundamentals. This is not a buy-and-hold stock."

MEMC Electronic Materials WFR
Price/fair value ratio: 328%
From the Analyst Report: "MEMC Electronic Materials is one of many suppliers of silicon wafers, the disks on which semiconductors are fabricated. Despite the firm's impressive comeback, the industry's commodity nature and MEMC's capital intensity still concern us."

LSI Logic LSI
Price/fair value ratio: 204%
From the Analyst Report: "LSI has also struggled to keep pace within its own ASIC market. The firm has steadily been losing share, as its manufacturing capabilities have fallen behind those of rivals like IBM IBM. Larger ASIC suppliers, by streamlining their leading-edge manufacturing with the design process, offer a much higher value proposition to customers than LSI, in our view."

Elan ADR ELN
Price/fair value ratio: 533%
From the Analyst Report: "Elan is a broken company desperately trying to fix itself. Its success requires Tysabri's return to the market, but even then, the company faces an uphill path to become cash flow positive (let alone stay that way). We have incorporated some of the risks into our fair value estimate, but we would still require a hefty margin of safety before investing."

[ParkTwain]

Yep, SIRI has been a stock scam for a while now.

[Websman]

Yep, SIRI has been a stock scam for a while now.

I agree, but it was a scam that made me plenty of money last year. lol
I wouldn't touch it now..

[IIC]

Morning Movers:

SPSN FNDT OSIP UARM SUF GDT CHK VLO MCD X GW COP DESC SVA BCRX DISH ESLR RHEO TASR UPL ORCT AEOS ENER DEZ FORD RMBS NGAS AVII LIFC

[IIC]

Watch LIFC...I'll give it 25 mins or so...Doug

[IIC]

in DCGN for dt

[IIC]

in DCGN for dt

out DCGN for lunch money

[IIC]

Watch LIFC...I'll give it 25 mins or so...Doug

LIFC didn't cooperate...pulled back too early

[IIC]

IIC 100 Top 20...15 up 5 dn:

HANS DXPE ENG IFO ARD HOM GMXR MIND ASF GIGM RES RWC PLLL UPL SWN LUFK CRM JLG TRID SUPX

[IIC]

Barron's has a new Stock Screener and Stock Grader...looks good...have not tried it out yet though...IIC

[IIC]

naz...On daily the 20 ema is 2278...I'd say support is 2273-2278

[IIC]

I'm not going to buy anything more today...let the dust settle...IIC