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The 2/20 Update
Here's the next 2-week update of the list I started back on Jan. 9.
To date, there are 20 losers vs. 14 winners. Of course all these companies have until recently been winners, or they would have never shown up on IBD's top 100.
I have not yet taken the time to formulate any theories as to what caused the winners to be winners. If there be any notable pattern, of course, one might better be able to discern which companies' stock prices stand the best chance of increasing in the days and weeks ahead.
There's one thing about using IBD's top 100, which has also been noted by numerous people who post to the forums over there, is that by the time a company makes the list, it may be too late to make any large profits on them--or indeed any profit at all, since they've just demonstrated a large move up.
Anyway, here's the list. If anyone has any of their own theories as to why the winners are pulling ahead, I'd like to hear them.
[code:1:65bb3b8a25] Price Price Price Price Total R^2
Company Sym. (1/9) (1/23) (2/6) (2/20) Change Regr
Wilshire State Bank Ca WSBK 17.25 19.07 22.27 24.37 41.28% 0.89
National Medical Health NMHC 20.00 22.83 25.10 26.84 34.20% 0.82
Mobile Telesystems Adr MBT 87.99 98.70 99.00 105.05 19.39% 0.93
Fremont General Corp FMT 16.37 20.06 18.86 19.50 19.12% 0.86
Bio Reference Labs Inc BRLI 15.65 21.60 17.86 18.49 18.14% 0.85
Nara Bancorp Inc NARA 27.49 30.31 29.50 31.99 16.37% 0.93
W Holding Company Inc WHI 18.32 19.85 20.51 20.10 9.72% 0.66
Coach Inc COH 36.61 35.74 37.87 39.36 7.51% 0.94
Central European Dist Cp CEDC 33.20 34.16 35.00 35.60 7.23% 0.77
Middleby Corp MIDD 39.79 42.93 40.05 41.79 5.03% 0.86
Accredited Home Lenders LEND 31.72 38.27 34.65 33.19 4.63% 0.89
Harman Intl Industries HAR 73.22 77.40 72.35 75.50 3.11% 0.95
Petrokazakhstan Inc Cl A PKZ 24.47 24.95 23.19 24.61 0.57% 0.89
World Acceptance Corp WRLD 21.94 23.20 22.35 22.00 0.27% 0.89
American Pharmaceutical APPX 34.24 36.62 35.37 34.20 -0.12% 0.79
Patina Oil & Gas Corp POG 48.22 47.15 44.45 47.84 -0.79% 0.91
Coventry Health Care Inc CVH 41.79 42.89 42.25 41.45 -0.81% 0.94
Hot Topic Inc HOTT 29.75 31.27 29.50 28.82 -3.13% 0.94
Hovnanian Enterprises A HOV 77.80 78.67 75.38 74.99 -3.61% 0.82
Cognizant Tech Sol Cl A CTSH 51.00 56.66 53.00 48.67 -4.57% 0.91
Icici Bank Ltd Adr IBN 16.08 16.65 16.70 15.17 -5.66% 0.91
S A P Ag Adr SAP 44.36 42.06 42.46 41.81 -5.75% 0.93
Engineered Support Sys EASI 53.23 51.99 48.22 50.05 -5.97% 0.87
Shuffle Master Inc SHFL 37.88 36.35 34.54 35.34 -6.71% 0.86
K Swiss Inc KSWS 25.95 27.39 24.60 23.71 -8.63% 0.92
Daktronics Inc DAKT 26.69 25.78 24.92 24.17 -9.44% 0.54
U S A N A Health Science USNA 30.87 30.92 31.34 27.89 -9.65% 0.86
Merit Medical Systems MMSI 22.69 24.22 21.54 19.97 -11.99% 0.91
Multimedia Games Inc MGAM 47.01 44.30 42.45 40.93 -12.93% 0.87
Infosys Technologies Ads INFY 98.14 93.85 89.13 83.13 -15.29% 0.69
Wipro Ltd Adr WIT 52.55 57.12 47.62 42.00 -20.08% 0.66
Sigmatron International SGMA 26.3 29.41 22.75 20.42 -22.36% 0.85
Satyam Computer Svcs Adr SAY 29.23 27.46 23.44 21.00 -28.16% 0.79
Starcraft Corp STCR 32.92 22.95 17.50 13.62 -58.63% 0.42
Aggregate: -2.88%[/code:1:65bb3b8a25]
I am huge! Send in the dancing virgins. I desire to be amused.
Here's the next 2-week update of the list I started back on Jan. 9.
To date, there are 20 losers vs. 14 winners. Of course all these companies have until recently been winners, or they would have never shown up on IBD's top 100.
I have not yet taken the time to formulate any theories as to what caused the winners to be winners. If there be any notable pattern, of course, one might better be able to discern which companies' stock prices stand the best chance of increasing in the days and weeks ahead.
There's one thing about using IBD's top 100, which has also been noted by numerous people who post to the forums over there, is that by the time a company makes the list, it may be too late to make any large profits on them--or indeed any profit at all, since they've just demonstrated a large move up.
Anyway, here's the list. If anyone has any of their own theories as to why the winners are pulling ahead, I'd like to hear them.
[code:1:65bb3b8a25] Price Price Price Price Total R^2
Company Sym. (1/9) (1/23) (2/6) (2/20) Change Regr
Wilshire State Bank Ca WSBK 17.25 19.07 22.27 24.37 41.28% 0.89
National Medical Health NMHC 20.00 22.83 25.10 26.84 34.20% 0.82
Mobile Telesystems Adr MBT 87.99 98.70 99.00 105.05 19.39% 0.93
Fremont General Corp FMT 16.37 20.06 18.86 19.50 19.12% 0.86
Bio Reference Labs Inc BRLI 15.65 21.60 17.86 18.49 18.14% 0.85
Nara Bancorp Inc NARA 27.49 30.31 29.50 31.99 16.37% 0.93
W Holding Company Inc WHI 18.32 19.85 20.51 20.10 9.72% 0.66
Coach Inc COH 36.61 35.74 37.87 39.36 7.51% 0.94
Central European Dist Cp CEDC 33.20 34.16 35.00 35.60 7.23% 0.77
Middleby Corp MIDD 39.79 42.93 40.05 41.79 5.03% 0.86
Accredited Home Lenders LEND 31.72 38.27 34.65 33.19 4.63% 0.89
Harman Intl Industries HAR 73.22 77.40 72.35 75.50 3.11% 0.95
Petrokazakhstan Inc Cl A PKZ 24.47 24.95 23.19 24.61 0.57% 0.89
World Acceptance Corp WRLD 21.94 23.20 22.35 22.00 0.27% 0.89
American Pharmaceutical APPX 34.24 36.62 35.37 34.20 -0.12% 0.79
Patina Oil & Gas Corp POG 48.22 47.15 44.45 47.84 -0.79% 0.91
Coventry Health Care Inc CVH 41.79 42.89 42.25 41.45 -0.81% 0.94
Hot Topic Inc HOTT 29.75 31.27 29.50 28.82 -3.13% 0.94
Hovnanian Enterprises A HOV 77.80 78.67 75.38 74.99 -3.61% 0.82
Cognizant Tech Sol Cl A CTSH 51.00 56.66 53.00 48.67 -4.57% 0.91
Icici Bank Ltd Adr IBN 16.08 16.65 16.70 15.17 -5.66% 0.91
S A P Ag Adr SAP 44.36 42.06 42.46 41.81 -5.75% 0.93
Engineered Support Sys EASI 53.23 51.99 48.22 50.05 -5.97% 0.87
Shuffle Master Inc SHFL 37.88 36.35 34.54 35.34 -6.71% 0.86
K Swiss Inc KSWS 25.95 27.39 24.60 23.71 -8.63% 0.92
Daktronics Inc DAKT 26.69 25.78 24.92 24.17 -9.44% 0.54
U S A N A Health Science USNA 30.87 30.92 31.34 27.89 -9.65% 0.86
Merit Medical Systems MMSI 22.69 24.22 21.54 19.97 -11.99% 0.91
Multimedia Games Inc MGAM 47.01 44.30 42.45 40.93 -12.93% 0.87
Infosys Technologies Ads INFY 98.14 93.85 89.13 83.13 -15.29% 0.69
Wipro Ltd Adr WIT 52.55 57.12 47.62 42.00 -20.08% 0.66
Sigmatron International SGMA 26.3 29.41 22.75 20.42 -22.36% 0.85
Satyam Computer Svcs Adr SAY 29.23 27.46 23.44 21.00 -28.16% 0.79
Starcraft Corp STCR 32.92 22.95 17.50 13.62 -58.63% 0.42
Aggregate: -2.88%[/code:1:65bb3b8a25]
I am huge! Send in the dancing virgins. I desire to be amused.
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