Coverage Initiated - New Stock Coverage

[billyjoe]

I've recently begun purchasing stocks that analysts have started covering with targets 25% or greater than starting price at initiation. Usually I require a minimum of 3 new analysts. These are purely speculative and often are recent IPO's. I assume that a bunch of analysts agreeing on a rather new issue must have some positive information the general public is not privy to.

Looking at the charts you'll notice many are IPO's that faltered out of the gate and hopefully are now stabilizing. Some will be big winners others will just fade away. These are not recommendations on my part, just stocks that are now being followed by new analysts. Will ad from time to time and try to track performance over time.

The first 2 are: LYG---- http://bigcharts.marketwatch.com/qui...ow=True&time=8 new coverage around 4/1/14

------------------CSLT---- http://bigcharts.marketwatch.com/qui...w=True&time=18 new coverage around 4/8/14

---------------------billy

[billyjoe]

Four I didn't mention purchased April 14th.

AKBA, MDWD, PCTY, QTWO only problem is often the coverage is initiated by firms that were prominent in the IPO's. You could call it a conflict of interest but it sure looks bad if an IPO tanks, then is touted by the initial offerer then tanks for a second time. I'm up 42% on AKBA after 2 days but can't sell until tomorrow without a free riding violation. Come on AKBA, give me one more day!

-----------------------billy

[billyjoe]

Sold AKBA for +42% in 3 days. They have 2 potential blockbuster drugs one for anemia in phase 2b another oncology drug in preliminary studies. Just too speculative of a gamble to continue holding.

------------------billy