Stenzrob's specials

[stenzrob]

Looks like BLUD is just going to stand and wait for the 50 day to catch up to it.

IMOS, meanwhile, may be finally staging the breakout that I have been patiently waiting for almost a month now (let it not be said that I don't think long term!). Bought at $7.18 on 1/16 and same amount again at $7.00 on 2/06.

[stenzrob]

...Currently holding CRDN...

Bought this at $56.55 on 12/5/06. It peaked at $62 after raising guidance, and really looked like it was off to the races. Then it was downgraded by FBR. Bottomed under $52, and FBR switched their call, again, as I noted earlier. As of today, my position is back in the green, ever so slightly. Earnings report is Mon 2/26 pre-open. Could be interesting, since the short position is still pretty large at over 20% of the float.
regards ... stenz

[stenzrob]

IMOS, meanwhile, may be finally staging the breakout that I have been patiently waiting for almost a month now (let it not be said that I don't think long term!). Bought at $7.18 on 1/16 and same amount again at $7.00 on 2/06.

Sold all my IMOS today at $7.67. Might be a mistake, but it has run into resistance at about this level so many times in the last few years that it just seems like the prudent thing to do. Looking over my list for something to replace it.
regards ... stenz

[peanuts]

Flotek

Looking over my list for something to replace it.
regards ... stenz

Congrats on the profit!

When was the last time you looked at FTK?
Weekly Chart
Daily Chart

[stenzrob]

Congrats on the profit!

When was the last time you looked at FTK?
Weekly Chart
Daily Chart

Don't recall that I ever did look at that one, peanuts. Although I did trade FTEK for a while recently. Only one letter different!

FTK looks like it's hit a peak and is getting ready to roll over to me, volume decreasing as it approaches high. Maybe I'm missing something?

[peanuts]

Don't recall that I ever did look at that one, peanuts. Although I did trade FTEK for a while recently. Only one letter different!

FTK looks like it's hit a peak and is getting ready to roll over to me, volume decreasing as it approaches high. Maybe I'm missing something?

I mistakenly thought you were once an owner of some FTK stock, so that's why I brought it up. It was the ticker resemblance to FTEK that got me. It might be rolling over, or might be breaking out to new highs. I guess time will tell.

It's not a bad company, though. I do own a few shares that I picked up recently. I'm thinking of switching the funds to DWSN if the breakout doesn't happen with FTK. But even if it does, I wouldn't mind owning some DWSN on a bigger pullback, either.

[stenzrob]

Aeis

just bought some AEIS at $20.30.
will explain more later.

[stenzrob]

Ran a screen looking for solid financials, rev growth, and increasing average volume with high 3 month relative strength. This screen currently throws out 21 matches:
DTAS, FORG, IO, ALO, CCBL, GOAM, AEIS, CXTI, HLEX, FCFS, RADS, RNO, SLNK, SPAR, GLDN, KALU, CRY, USAP, BITI, DWSN, LORL

A few of these were recently acquired (DTAS,SLNK), hence the increase in volume and relative strength. Some are cases of flatline for years with a recent extreme spike - those may be just as likely to crash as to continue up, in my opinion.

Then there are a few that look really interesting. CCBL's chart looks like a $$$MR_MARKET$$$ pick, and SPAR was on the Honest Abe final five. FORG has attracted a following on the POTW thread. Somebody mentioned DWSN recently as well. GLDN is on Doug's momo list for today. Something attracted me to AEIS.

AEIS has some analysts, and sports a PEG of less than 1.0 based on estimates of long term growth. The long term growth estimate is not inconsistent with proven growth - I have been burned in the past by companies for which future growth prospects were significantly higher than what they had ever done in the past, so that's worthg checking. Trading volume is decent and consistent (but higher recently, per the screen), and the recent rise in price and volume was triggered by a good report at the beginning of the month. Pulled back on lighter volume, then started to move up again. That's where I bought.

I'm no technical analyst, but I like the look of the chart for various time periods. The company is tied in to semiconductor manufacturing, so I will probably start watching some of the industry stalwarts a little more closely for sector clues. My screen turned up HOLX in this sector several years ago and I never bought it for some reason. It's done well, and recently broke out to a new high. It doesn't show up on my screen now due to price/sales ratio greater than my threshold of 3, it's over 5. If I reduce the threshold to 2.5, the screen list shrinks to 16. The 5 that drop off are in red font in the list above. Oddly, AEIS has the lowest 3 month relative strength of the 16 that are left. If I raise the 3 month relative strength threshold from 75 to 85, AEIS, HLEX and RNO drop off.

regards ... stenz

[stenzrob]

more on AEIS

Forgot to also mention that one version of my Accel Rev + Price screen turns up only two hits: HURC and AEIS.
... stenz

[stenzrob]

Mksi

Just bought some MKSI at $25.06. Same sector as AEIS - semi manufacturing. Also the same sector as WFR, mentioned elsewhere. This industry group has been moving up lately, and the $SOX chart is looking good with room to run.

MKSI made my screen today.

http://tinyurl.com/ytejds

Screen hits on 2/23:
DTAS, IO, ALO, MKSI, AEIS, HLEX, RADS, RNO, SPAR, USAP, DWSN

[stenzrob]

Bought CRDN at $56.55 on 12/5/06. It peaked at $62 after raising guidance, and really looked like it was off to the races. Then it was downgraded by FBR. Bottomed under $52, and FBR switched their call, again, as I noted earlier. As of today, my position is back in the green, ever so slightly. Earnings report is Mon 2/26 pre-open. Could be interesting, since the short position is still pretty large at over 20% of the float.
regards ... stenz

CRDN reports Monday before the market open.
They have a history of beating estimates.

http://moneycentral.msn.com/investor/invsub/analyst/earnest.asp?Page=EarningsSurprise&Symbol=CRDN

[stenzrob]

CRDN reports Monday before the market open.
They have a history of beating estimates.
http://moneycentral.msn.com/investor...se&Symbol=CRDN

They have done it again. Blew away estimates yet again. Huge backlog, and good progress on diversifying into other areas. Moving up in premarket. This could get fun.

http://biz.yahoo.com/ap/070226/earns_ceradyne.html

[stenzrob]

They have done it again. Blew away estimates yet again. Huge backlog, and good progress on diversifying into other areas. Moving up in premarket. This could get fun.
http://biz.yahoo.com/ap/070226/earns_ceradyne.html

Incredible. CRDN blew away estimates, raised guidance during the CC, and yet the shorts have been attacking it since the gap-up at the open.

I am looking at CRY. No, I'm not going to cry about CRDN, it's another stock ticker.

[stenzrob]

I'm selling some stuff, loss or not. Market hits like this do not recover quickly.

http://stockcharts.com/h-sc/ui?s=$COMPQ&p=W&yr=3&mn=0&dy=0&id=p99148755185

Sold BLUD at 29.25 for 10% loss, CRDN at 51.80 for 8% loss, PTEN at 21.86 for 21% loss, and SIM at 11.20 for 23% loss.

Holding TSRA, AEIS, and MKSI ... for now.

[Websman]

I'm selling some stuff, loss or not. Market hits like this do not recover quickly.

http://stockcharts.com/h-sc/ui?s=$COMPQ&p=W&yr=3&mn=0&dy=0&id=p99148755185

Sold BLUD at 29.25 for 10% loss, CRDN at 51.80 for 8% loss, PTEN at 21.86 for 21% loss, and SIM at 11.20 for 23% loss.

Holding TSRA, AEIS, and MKSI ... for now.

I'm 100% cash for now. I won't do anything but day trade in a market like this.