MPX ==> The Deck The Halls Winner

[jiesen]

yep, my limit order triggered at 15.9, so I sold half there. I think I we'll see it close over 16 very soon, and was holding out for a little more on the rest...

Well, MPX didn't quite close over 16 just yet... tho it is bouncing over that line every day now. So I sold it at 15.8 so I could take my 15%+ and not have to wait over the weekend.
The suspense is just too much!

Thanks again for this awesome pick, $$MM!!! You are a HUUUUUUUUUUUUUUUUUUUUUUUUUUUUUUGGGGGGGGGGGGGEEEEE! !!

[mrmarket]

That works out to just about 92% winners. 78 of 85 positions including those still open. Ever seen a better documented result?

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

No one believes it when I tell them.

[billyjoe]

That works out to just about 92% winners. 78 of 85 positions including those still open. Ever seen a better documented result?

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

[jiesen]

... aaaaand across the line!

$$$Mr. Market$$$ is HUGE ! ! !

yep, my limit order triggered at 15.9, so I sold half there. I think I we'll see it close over 16 very soon, and was holding out for a little more on the rest...

[mrmarket]

A very good day indeed

[Karel]

And All Right we are... MPX is within spitting distance of the finish line now, and came within a dime of it earlier today! We should see over $16.00 for this one within a week, I think.

... aaaaand across the line!

$$$Mr. Market$$$ is HUGE ! ! !

[jiesen]

I am not the HUGE one, but I sure am a dedicated follower. The money I invest and how I invest is my own respnsability, blablabla, ...

And it is early days for MPX. If/when their earnings recover, we will be all right.

And All Right we are... MPX is within spitting distance of the finish line now, and came within a dime of it earlier today! We should see over $16.00 for this one within a week, I think.

[Karel]

I know UR not a worrier Mr. Fabulous, however, I am....Do you have any comments on the stock drop, other than the obvious earrings report?
Will you average down or just hold?

I am not the HUGE one, but I sure am a dedicated follower. The money I invest and how I invest is my own respnsability, blablabla, you know the routine. I hold MPX. Like the HUGE one, I am not a worrier, even if the $$$Mr. Market$$$ stocks currently in my portfolio now stand at an average loss of some 28%. That is after selling CNNX, of course, which caused the average to dip a bit. And that is the point. If I count my losses in the stocks I still hold, I might become sad. But they are more than offset (2.5 times to be exact) by the realized gains I see in my portfolio. That is the deal: $$$Mr. Market$$$ picks enough winners to more than compensate for the losers. Never buy just one stock and hope for the best. That is never a good idea, and $$$Mr. Market$$$’s picks are no exception.

I follow another strategy. Keeping score, in that strategy I have 36 winners (average 12.4%) and 22 losers (average -10.8%), for 58 closed trades total (average +3.6%, average holding period 8-9 weeks). I am a happy camper.

Don’t get upset when one stock in your strategy is a lemon. If the strategy as a whole keeps working, you’re fine. I won’t average down. Other people might. MPX earnings are down, so is the stock price. A slump in earnings is a bad sign for a momentum stock, but not necessarily for a value stock. $$$Mr. Market$$$’s picks are a bit of both. Your call. But averaging down is not in the system.

And it is early days for MPX. If/when their earnings recover, we will be all right.

[Risky]

I know UR not a worrier Mr. Fabulous, however, I am....Do you have any comments on the stock drop, other than the obvious earrings report?
Will you average down or just hold?

[tiedyed1]

Well, I like this boat stock much better than the other boat stock (KNOP is a nope) and am happily getting in this one with you, $$MM, right here at $14. See you at $16 with lots of meats and cheeses in this most excellent New Year!

Many times I see great potential in more than one top five and will start a position. KNOP is one of them and is up over 6.00% since hitting the Top Five and no slouch either.
1/5: oh well, KNOP just announced an offering and back down 6%... did not see that coming but guess the Mr.Market mojo did!

Looking for a round of finest meats and cheeses for all!

[jiesen]

Well, I like this boat stock much better than the other boat stock (KNOP is a nope) and am happily getting in this one with you, $$MM, right here at $14. See you at $16 with lots of meats and cheeses in this most excellent New Year!

[riverbabe]

I also have a personal bias against boat stocks, for reasons which would certainly not be of interest to anyone here. But I wish you best of luck with it!

[billyjoe]

Mr.Market, I get seasick and don't know if I'll buy the stock but you've convinced me to buy a boat. I'll park it in the side yard to impress the neighbors.

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

[tiedyed1]

I did not expect MPX and wish you the best on it!

The colorful tiedyed1 here has lived many lives and before he was a mortgage pro he was in the marine industry for 20 years (including a yacht broker in Montauk, NY, however, I left that industry in 1991 thanks to George H.W. Bush's 'Luxury Tax' which decimated that industry). I admittedly have a personal bias that is going to keep me on the sidelines on this pick for now. (Going to the NY Boat Show (1/25-29) and will chat with a few manufacturers to see if my sentiment has changed.)

I truly hope you get your 15% promptly and wish everyone a Happy New Year! See you in 2017!

-Adam

[Louetta]

Killington! Glad you made it to New England. Good luck with the stock.