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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CPRT hasn’t given me a reason to sell. As long as it stays above a rising 20ma I’ll probably try a squeeze a few more bucks out of it.
Well now I have one!! Reason to sell that is.
Not only traded below the 20ma but decided to take a look under the 50.
Put in a stop loss order @ 43.25, Not going to be able to watch the market today. If it recovers I'll put it on a short leash, if not I'll have made my 15% and spend some time kicking myself for not taking 20%+ when it was offered.
According to Gordon Gekko "Greed is Good" but every so often it seems to bite me in the ass.
It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.
Veeco Instruments Inc. designs, manufactures and markets equipment to make light emitting diodes (LEDs), solar panels, hard-disk drives and other devices.
For the three months ended 31 March 2011, VECO's revenues increased 89%.
Revenues reflect higher income from LED & Solar Process Equipment and a increase in sales from Data Storage Process Equipment segments.
Net income increased more than 100% and reflects a decrease in amortization expenses, the absence of restructuring expenses and an improved gross margin.
Also Started a position in AKRX @ 6.89. (bought about 30% of normal position)
Akorn, Inc. manufactures and markets a range of diagnostic and therapeutic ophthalmic pharmaceuticals. Its customers include physicians, optometrists, hospitals, wholesalers, group purchasing organizations, retail pharmacy chains and other pharmaceutical companies.
For the fiscal year ended 31 December 2010, Acorn, Inc.'s revenues increased 14% .
Net income totaled $21.8M vs. a loss of $25.3M.
Revenue reflects an increase in Ophthalmic, a rise in Contract services revenues and higher income from Hospital drugs segments. Net income also reflects a decrease in expenses related to goods sold, a fall in selling, general & administration expenses and lower amortization of intangible expenses.
It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.
Deaddog I had been a long time follower of Mr. Markets picks and am going to start to get more active. I am quite impressed with your picks and track record. You are doing a great job, and I appreciate you sharing your trades
This morning I sold ENTR @ $9.00 for a loss of 18%.
It has been six months and it’s not performing very well. No patience. In hindsight I should have sold it @$10.00 back in Feb. Anyway I looked at it today and decided that I probably wouldn’t consider it as a buy today: so why am I holding it? We’ll see if I can’t find a better place to put my money to work.
I opened positions in ZAGG (13.44). Guess I should have held
NANO (19.74) and TNAV (17.97). Decent fundies and breaking out to new highs.
It is hard to find the Truth when you start your search with a preconceived notion of what the Truth will be.
This morning I sold ENTR @ $9.00 for a loss of 18%.
It has been six months and it’s not performing very well. No patience. In hindsight I should have sold it @$10.00 back in Feb. Anyway I looked at it today and decided that I probably wouldn’t consider it as a buy today: so why am I holding it? We’ll see if I can’t find a better place to put my money to work.
I opened positions in ZAGG (13.44). Guess I should have held
NANO (19.74) and TNAV (17.97). Decent fundies and breaking out to new highs.
Doggie..this is a really good thread. I am hopefull other MM smarties will follow your lead and become famous.
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I am HUGE! Bring me your finest meats and cheeses.
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