Stenzrob's specials

[Coop]

Thanks Stenzrob..

for the heads up on VLGC. Nice ride (so far) to 35% gain. Happy and prosperous New Years to you!

[stenzrob]

Re: Thanks Stenzrob..

for the heads up on VLGC. Nice ride (so far) to 35% gain. Happy and prosperous New Years to you!

Glad you're liking it Coop. By the way, I used to live in Phoenixville before moving over the river to New Jersey. Happy New Year! ... stenz

[stenzrob]

Re: HBIO

Nice call on HBIO

Thanks man. After taking two years to develop a nice cup and handle, the HBIO breakout went too fast. I was on holiday and missed the opportunity for a quick out&in, but the trend is still up, so I'll stick with it.

EONC is going well enough, looks like another breakout in the making.
I bought some MTRX today at $18.01 and $17.30. There may be better buy points coming up, but I wanted to get a piece of it, anyway.

2003 was sure a lot of fun.
My portfolio was up 63% in Q2, 54% in Q3, and 21% in Q4.

Wishing everyone a happy and prosperous 2004, whether following the HUGE one, or pursuing your own path.

regards ... stenz

[stocks54]

Question for you

Hey Strenz,

Good to see you back. "After taking two years to develop a nice cup and handle" is this some kind of pattern that you look in chart (excuse me if I sound silly)? If you can please guide me as to where I can get more information on this?

Regards,

[stenzrob]

Re: Question for you

Hey Strenz,

Good to see you back. "After taking two years to develop a nice cup and handle" is this some kind of pattern that you look in chart (excuse me if I sound silly)? If you can please guide me as to where I can get more information on this?

Regards,

Thanks. It's good to be back, and you do not sound silly. I look for chart patterns for an extra clue after identifying good stocks with my screen. For more information about the "cup with handle", try this:

http://stockcharts.com/education/ChartAnalysis/cupHandle.html

Browse around the stockcharts "Chart School" section. It's all about technical indicators, chart patterns, etc. I still believe that the best gains are to be had with stocks of companies with strong revenue growth and prospects for more, that are reasonably valued in terms of price/sales ratio. But it sure can't hurt to understand what technical traders are looking for ...

[stocks54]

Thanks

Thanks Strenz. I will check out the URL you mentioned. I read your discussion on LENS board and it's kind of ironic how some people on board would just attack rational people when they no clue what they are talking about...

Regards,

[stenzrob]

Re: Thanks

I read your discussion on LENS board and it's kind of ironic how some people on board would just attack rational people when they no clue what they are talking about...

Are you talking about me, or the other guy? LOL!

[stocks54]

Other guy

Strenz,

I was talking about "marvelreb".

[drchrislee]

Question...

Just FYI, used your screen stenz to pick up ABMC on friday...looked like it fit the cup and handle nicely I think...up almost 10% so far.

Anyway, had a question regarding your sale points....you mention you like to ride the stocks out until they have no steam left, but how do you determine that? Is it a subjective feeling, or are there other more substantial indicators?

Thanks!

[stenzrob]

Re: Question...

Just FYI, used your screen stenz to pick up ABMC on friday...looked like it fit the cup and handle nicely I think...up almost 10% so far.

Anyway, had a question regarding your sale points....you mention you like to ride the stocks out until they have no steam left, but how do you determine that? Is it a subjective feeling, or are there other more substantial indicators?

Thanks!

Glad to see someone applying what I've been talking about to stocks they find. ABMC looks good. I had modified my screen to require qtr/qtr rev growth > yr/yr rev growth so I missed that one.

RE: Sale point - partly subjective, mostly based on price and volume.

I bought more HBIO today at $8.41
Also bought some PDEX for $3.03

My IRA is now 99.9% invested in GMAI, HBIO, TRCI, NTST and API. I'm planning to trade in & out of TRCI and NTST as the opportunity arises.

My non-IRA is 120% invested in MTRX, QVDX, EONC, VLGC, PDEX.

regards ... stenz

[Michaelk005]

Whats your Interest in pdex? Just the sector its in or you like the earnings, personally i think the stock is overpriced. Would like to hear your take, thanks.

[Mi6op]

link to Stenz's screener

Hey Stenz, I know there is a link you have to the screen you use in this thread somewhere, but I have scoured it to no avail. Please repost a link to the screen you use.

THanks

[Karel]

Hello stenzrob, a happy new year to you!

Perhaps you could start a thread in reference with a link and an xplanation of your method. The discussion should perhaps stay here, to leave the reference section uncluttered.

Regards,

Karel

[stocks54]

Question

Strenz,

Questions for you:

1) When there is an increase in stock price in short term (for example HBIO), there will be some pull back. How do you decide the new entry point if you want to add to your position?

Regards,

[stenzrob]

Selling into strength

I finally sold the last of my original $6 TRCI today for $21.50, +258% in five months. I posted about it on the TRCI board. Also sold the last of my $4.90 NTST yesterday for $15.20, +210% in seven months. I said a few days ago that I would start trading these, which I will do until I decide on something that I want to hold again.

Sold the extra $8.41 HBIO from a few days ago for $9.31, just over 10% in two days. Still holding the other half, and will buyback on a good opportunity.

Those were all IRA positions, leaving the IRA temporarily at 44% cash.

Last Friday, I bought two chunks of MTRX on a low volume pullback, one chunk on margin, making my non-IRA 120% invested. That popped nicely this morning, so I sold the more expensive chunk for $19.50, for an 8% gain in two days and I'm back off of margin.

The PDEX I bought for $3.03 wasn't timed very well. For Michaelk005 who asked what I liked about PDEX: the same stuff that I always look for; revenue growth, solid financials, and increased average trading volume with high relative strength over the last three to six months. It could be considered overvalued if you look at the PE, but I don't really look at PE. A small cap just moving into profitability may have a very high PE. That's why I look at price/sales ratio. By that measure, it's reasonably valued. By the way, this stock is currently the smallest position in my portfolio.

I love VLGC, VLGC loves me. Now up over 90% since November 11th.

Screener link at Moneycentral

Please keep in mind that this is a baseline screen. I play around with it from time to time, if it produces too few or too many candidates. Or requiring higher 3month RSI and lower 6 month. I've even started looking into using some calculated values, like (Price/Sales Ratio)/(Rev Growth).

regards ... stenz

link edited by Karel