Stenzrob's specials

[stenzrob]

Stenz,
I'm not a big fan of Cramer's, but I wrote down 6 symbols he was high on yesterday at 6 P.M. Here's what they did today. I'm not cherry picking, these are the only one's I wrote down . The first 5 he called his top orphan stocks. Hardly covered by analysts.

BOOM +17.87%
ELRC +4.06
NTCT +6.13
LAYN +10.30
EGY +11.48
FTEK +4.85

billyjoe

BOOM has been on my watchlist for some time. I had some, sold it at $34.70 when they first announced that the majority holder was selling out. It went up about 10% from there for some unknown reason, only to fall below where I sold once they did the deal. Popped on new contract news at the beginning of June, and is settling down again amidst all the market turmoil. I still like it, and am waiting patiently for another good opportunity to jump back in again. Unless there is a (continued) total market meltdown, somewhere between $28 and $30 is probably the best price I'll get it for.

FTEK announced another small contract. It all adds up.

[stenzrob]

For the unusually curious, my current approximate portfolio weighting:
25% FTEK
20% PTEN
20% VTIV
15% PARL
15% CRYP
5% stranded in GMCC that I forgot to sell before the SEC shut them down.

FYI, on 6/13, sold CRYP and PTEN for losses of about 15%. That put me at 35% cash in IRA. Have been at 25% cash in non-IRA since selling some PARL at $27.84. Waiting patiently for confirmed new market rally, per IBD.

Still holding FTEK - mentioned again in Motley Fool Hidden Gems, in article titled "Stocks With Promise That Wall Street Ignores".
Still holding some VTIV and PARL.

[stenzrob]

That put me at 35% cash in IRA. Have been at 25% cash in non-IRA since selling some PARL at $27.84. Waiting patiently for confirmed new market rally, per IBD.

Rally confirmation yesterday. So according to plan, I bought some BOOM at $33.50 and PTEN at $28 in IRA, now 98% invested. Also JLG at $20.50 in non-IRA, now 140% invested in that account.

[stenzrob]

Rally confirmation yesterday. So according to plan, I bought some BOOM at $33.50 and PTEN at $28 in IRA, now 98% invested. Also JLG at $20.50 in non-IRA, now 140% invested in that account.

Wow. There was a huge buying surge in JLG in the last half hour or so.

[grebnet]

JLG being bought at $28

JLG

I liked this when Stenzrob posted it and have been holding since.........cha -ching

Thanks Stenzrob

[stenzrob]

EXP - undervalued & good technicals

Just wanted to mention EXP. Boring business, drywall and concrete. Valuation shows a PEG ratio of under 0.4 which suggests that it's undervalued IF the growth projections are right. Technically, looks like a cup with handle, also note the 50 day crossing back above the 200 day ema. Pivot point should be around $45 somewhere. Several intersting articles lately by Motley Fool, Forbes, etc. showing cement business to be strong going forward due to infrastructure work being planned.

TXI, a competitor, posted good results recently.

I bought some EXP at $42.45 back in mid-November. Looking for maybe $60 in 3 to 6 months.

Do your own DD - feel free to agree or disagree.

[peanuts]

Just wanted to mention EXP. Boring business, drywall and concrete. Valuation shows a PEG ratio of under 0.4 which suggests that it's undervalued IF the growth projections are right. Technically, looks like a cup with handle, also note the 50 day crossing back above the 200 day ema. Pivot point should be around $45 somewhere. Several intersting articles lately by Motley Fool, Forbes, etc. showing cement business to be strong going forward due to infrastructure work being planned.

TXI, a competitor, posted good results recently.

I bought some EXP at $42.45 back in mid-November. Looking for maybe $60 in 3 to 6 months.

Do your own DD - feel free to agree or disagree.

also look at USLM, same area, more specific to lime. They sell alot to Steel and will move into flue gas desulfurization

[mrmarket]

Holy Shit...it's Stenzrob. Well we lost Steckler but we got back Stenz...good trade.

[stenzrob]

Holy Shit...it's Stenzrob. Well we lost Steckler but we got back Stenz...good trade.

Good for at least +15%.

[Websman]

Holy Shit...it's Stenzrob. Well we lost Steckler but we got back Stenz...good trade.

Steckler didn't like me....I wonder why?

[stenzrob]

Exp

EXP moving nicely out of several month base.
Could be a nice run a'comin.

[stenzrob]

Pten

Another position in my current portfolio is PTEN. I'm down about 20% on it at this point. A supplier of drilling rigs, the stock price moves with the price of natural gas and oil, although their actual business is not as directly dependent on that as the actual producers. According to estimates, the PEG is about 0.3, so like EXP, it is way undervalued IF the estimates are reasonable. The price recently got down to about where it broke out 2 years ago, so this could be an area of support. It has been in a downtrend for about 1 year, but recently turned at a higher low than the last turn. Looking at a 3 year weekly chart, I drew upper and lower trend lines looking for a break in the overall trend. I bought at $28 when it broke above the upper line, which turned out to be a short term peak (oh well). I recently doubled my position at $23 when it turned around at the higher low. Volume has also picked up, suggesting that this could be the bottom.

One other twist to PTEN compared to their peers is a recent settlement arising from the fact that the former CFO embezzled a large sum of money from the company back in 2005. The settlement, announced in November 2006, includes new corporate governance measures. This issue has caused PTEN to sell at a discount to their peers, and if this is now behind them, could cause the discount to be erased over some period of time.

[stenzrob]

imos

Just bought some IMOS. Low PEG, just posted Dec revenues above estimates. Has been trading in a range (basing) for several years, and recent approach to the top of the range has been on increased volume. In particular, the 3 year weekly chart shows possible strength.

[stenzrob]

sold SCLD

FYI, I sold my real-life SCLD today at $1.20 for a 27% gain from where I bought in mid-December at 95 and 91 cents. Will be looking for an opportunity to buy it back at around $1.05 or so.

Currently down a bit on my IMOS position, but it's still acting OK. It is still within an uptrend started 12/18. Looking over the list of articles written about IMOS on the Yahoo quote page, see there are an assortment of articles, one touting it's growth rate by Motley Fool, another pointing out it's low price/book value from Forbes Streetwalker, and a recent one called "Buy ChipMOS On The Cheap" that points out valuation ratios just paid for one of it's competitors in a private equity takeover. All of these articles confirm what my screen already told me - healthy growth at a discount.

[peanuts]

FYI, I sold my real-life SCLD today at $1.20 for a 27% gain from where I bought in mid-December at 95 and 91 cents. Will be looking for an opportunity to buy it back at around $1.05 or so...

Excellent, tell us when you buy it back!