I have 22 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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Actually, I've picked KIRK last week as my POTW but it didn't bounce as expected due to market condition. Anyway, here's what I like about KIRK
1. Sales up 12% from the fourth quarter, total sales also up 4%, good fundamental with strong institutional support
2. Chart was extremely oversold, due for a bounce and if it bounces it bounces hard
3. Look at the one year chart, the pps stays over 50MA/100MA over 90% of the time
4. I've been watching this stock for almost a year when it was around $6, it's amazing how good this thing performs. If I have enough $$, I can flip this stock all year round with good profit. IMO, I would buy on any dips, sit back and relax. Do your own DD and see for yourself
Actually, I've picked KIRK last week as my POTW but it didn't bounce as expected due to market condition. Anyway, here's what I like about KIRK
1. Sales up 12% from the fourth quarter, total sales also up 4%, good fundamental with strong institutional support
2. Chart was extremely oversold, due for a bounce and if it bounces it bounces hard
3. Look at the one year chart, the pps stays over 50MA/100MA over 90% of the time
4. I've been watching this stock for almost a year when it was around $6, it's amazing how good this thing performs. If I have enough $$, I can flip this stock all year round with good profit. IMO, I would buy on any dips, sit back and relax. Do your own DD and see for yourself
Nice chart, nice write up, and nice win again this week wooish. this is the kind of post that will bring the life back into this forum and return it to how great it used to be and what it can be again. excellent job! i almost can't wait for next monday to get another pick in. congrats Lye on 2nd place. I can see this is going to be fun this year. and thanks to Ody for setting it up the way he has and running it so admirably.
wooish, you're still holding on to ADAT? not a bad day today. up a couple of cents on much higher volume. definitely and accumulation day. i don't think this one is going to be a rocket but that we will see growth and price appreciation. still a good price for an entry at this level. i also think that the selling is coming close to being exhausted. we'll see what next week brings.
I still hold ADAT and see what it will bring on Monday. This stock is very strange and again it wants to go back to $1 today by the close. I would love to see this thing bounce and stay over $1.05 for consecutive days without going back to $1. IMO this stock is good for holding in your retirement account but not a good stock to flip.
I still hold ADAT and see what it will bring on Monday. This stock is very strange and again it wants to go back to $1 today by the close. I would love to see this thing bounce and stay over $1.05 for consecutive days without going back to $1. IMO this stock is good for holding in your retirement account but not a good stock to flip.
i cannot imagine holding the trade that long wooish. today was a good day for it. not up alot but up on much higher volume after yesterdays earnings report. it would have been easy for it to roll over and drop dead but it didn't which is exactly what i wanted to see it do. i know they have a great new product which is geared towards an industry that desperately needs what they have to sell. and they are selling their product, getting plenty of exposure in doing so, and i can see where they will be pyramiding up from each previous qtr as they gain market share and strength from doing exactly that. the selling off will exhaust itself and then the shares will be at a premium. if they didnt have a tangible product like they have it would be a different story but they have something that is real and you can see that they are marketing it successfully. if it wasnt clear that they are in a good spot with their product line then i could say that it wouldnt be worth exercising patience but to me it is quite clear that they are in a good spot and it is happening. but it is your money and you have to do what you have to do and what you think is best for yourself as does everyone.
Ski.... I was red this week, don't think I placed at all. Pretty sure I'm waaaay down on the list.... Nice pick this week Ski.
Sweet win fer you Wooish!.... you areHUGE!
sorry lye, i was looking at the totals instead of this weeks percentages. it looks like you are in 2nd place overall. i guess that's what i was seeing. well congrats anyway. looks like Ody got 2nd and peanuts 3rd with me 4th. yea wooish is kicking butt. very strong picks so far. and thanks for the "belaruski" tag lye. i like it.
Oh man the pressure is on because Ski is so pumped for next Monday. I gotta keep on a winning streak to keep my crown on. You guys rock.
BTW, take a look at ACLS which I currently have 15k shares. This is a good flipper and good midterm hold. I think this baby will be over $2.5 after earning on 2/17. I know the rule is not to hold through earning but I'm willing to take the chance on this one. As always, don't take my word for it. Do your own DD.
Aye Gary, not a problem The way the form works is I can't change which sheet it attaches to. So I reset it each week, but don't worry, I check all timestamps and prices before making anything final. So anyone can enter the pick via the form even if it attaches to last weeks entries, I'll just hide those layers and unhide them when I'm done
Wooish knocks it out of the park again, grabbing a nice +15%, a gold medal, and larger lead ! Congrats sir ! His take on KIRK this week is just above, a good read if you haven't already done so Kirkland’s, Inc. is a specialty retailer of home decor in the United States. As of January 31, 2009, the Company operated 299 stores in 34 states. The Company’s stores present a selection of merchandise, including framed art, mirrors, wall decor, candles, lamps, decorative accessories, accent furniture, textiles, garden accessories and artificial floral products.
I took silver this week on technicals only, I knew nothing of the AIRT except it looked like it just pulled back and was heading north, lucked out and grabbed +7% Air T, Inc. operates wholly owned subsidiaries in three industry segments: the overnight air cargo segment, the ground equipment sales segment and the ground support services segment.
Peanuts takes the bronze on one of those "stocks" I call scary It finished northward for Peanuts at +5%, but wow what a rollercoaster it was to the end, well played sir ! ProShares Ultra Silver (the Fund) seeks to provide daily investment results that correspond to twice (200%) the daily performance as measured by the United States dollar fixing price for delivery in London.
Not a bad week for the majority of us, let's see if we can keep the green flowin' !
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