Stenzrob's specials

[stenzrob]

Thanks Marlin. Good to know someone finds this of any use, mostly it's psychotherapy for myself.

Bought NUVA this morning at $40.30.

[stenzrob]

Bought NUVA this morning at $40.30.

50 cent trailing stop, currently above $40.75. I just hope this doesn't trigger too early again, but I can't watch it today. Que sera, sera.

[stenzrob]

Bought NUVA this morning at $40.30.

Stop triggered, out at $41.6018. (+3.23%)

[stenzrob]

Bought some ALTI at $4.69.
Plan to hold for at least a few days, we'll see.

[stenzrob]

Back into ... WFR at $63.95.

WFR report today after the bell looks good to me, and seems to be generating some after hours buying interest. I think this should run to $100 or so, but what I think means nothing, we'll see what the market thinks about this one.

[stenzrob]

WFR hitting $67 after-hours after closing at $59.34.
There's sure to be a pivot point around here somewhere.

[stenzrob]

Dodged bullet with BLUD investigation causing a hit.
WFR looks like a keeper.
Just bought ZRAN at $25.80.

[stenzrob]

Dodged bullet with BLUD investigation causing a hit.
WFR looks like a keeper.
Just bought ZRAN at $25.80.

I'm going to try to hold ZRAN for maybe a few days if it will cooperate. Still working out this new "new high momentum" strategy. Ideally, each position would be held for at least 3 days, and I'm targeting an average 2% per day gain. (It's good to have goals, regardless of how unrealistic!)

For this account on these kinds of trades, the most important thing for me is to not take a loss, especially once the position is up by a few percent. I'm willing to give away the few percent, but not at all interested in holding if it means the position goes negative after having been positive, no matter what I may think about the prospects for the stock going forward. (That kind of thing is a different strategy, and is the reason I held the WFR position while it was down for me by as much as 10% at some points) Obviously, I would certainly be interested in enjoying larger gains if it continues to run. That's why I'm trynig to get a trailing stop to work for me instead of guessing that the price has peaked, which I have done in the past just before it runs up even further.

So, I entered a stop limit for ZRAN at $25.95.
This should prevent a loss, unless it gaps down Monday morning.
Not using a trailing stop yet. I'd like to set a trailing stop at least 50 cents to prevent premature evacuation, but that wouldn't be enough right now to prevent a loss.

Since I started trying this new method a few weeks ago, I have been lucky enough to have every position run up enough shortly after buying it that I could set either a stop loss or trailing stop. It will be interesting to see what I do if the position starts to go down before having moved into safe territory yet. I really should think about that before it happens.

[stenzrob]

AAAARGH. At about 3:30, they brought the price down just far enough to trigger my stop limit. I had this set for a stop of 25.96, limit 25.95 - i.e. "if there is a transaction at 25.96, post a limit sell for 25.95". It was at 25.96 for such a short time that by the time the brokers computer placed a limit order for 25.95, it got executed at 26.04. Goshdarn it. I really wanted to hold onto this one, too.

[stenzrob]

Bought NTWK this morning for $4.29 about when I posted it as my POTW.

Still holding WFR from $63.95, now about +15%.
Still holding ALTI from $4.69, now about +7%.

[billyjoe]

Stenz,
ZRAN is #5 on my best stock list.

-------------billyjoe

[stenzrob]

Zran

Stenz,
ZRAN is #5 on my best stock list.

-------------billyjoe

Thanks billyjoe. I'm looking for a good opportunity to get back in it, possibly below $26. I figure if they can run it down under $26 to take out my stop, they can run it down there to let me back in. Seems fair enough to me.

So, where is your best stock list - I can only find your 10 under $10 list. And why is it on the list?

[billyjoe]

Stenz,
I don't publicize my best of list except for the under $10 , but since you asked, here's my top 25 in order: MOS SPWR VIP FLIR ZRAN MTL SCHN AXYS DECK SID STP KGC MBT DCO RIMM FCX BG MDG TQNT GGB IDP SLW EXPO NDAQ AAPL.

--------------billyjoe

[billyjoe]

Stenz,
ZRAN is on my list for many reasons.
1. Recent deals with Samsung, Sony, and SanDisk
2. Quarterly ROE up sharply
3. Income and sales growth
4. High gross and net profit margins
5. High institutional ownership
6. Increased future growth estimates (30%)
7. Growth to p/e ratio of 1.33
8. Volume increasing
9. High analyst ratings
10. Not known to be prone to long or large price declines
11. Well above 20,50,and 200 DMA
12. A bunch of technically positive short, medium, and long term indicators

-------------billyjoe

[stenzrob]

Looks like AOB may be breaking out, so I bought some a few minutes ago at $13.25.

Holding NTWK from $4.29, now about +6%, 25 cent trailing stop currently at breakeven.
Holding WFR from $63.95, still about +15%, stop limit at $71.50 (+12%).
Holding ALTI from $4.69, now about +8.5%, stop limit at $4.93 (+5%).