I have 22 consecutive profitable trades of 15% or better. How is this possible? Every day there are hundreds of stocks setting new highs, no matter what happens in the overall market. Many of these stocks are still at very reasonable valuations. Afraid of buying stocks at their highs? Think of it this way: a new high is really a future floor for companies with solid financial underpinnings. Quantitative momentum modeling makes it easy to identify stocks that can continue this upward momentum trend. Why does this happen? It's really very simple..ask me about what investors and cows have in common. I am $$$ MR. MARKET $$$. I AM HUGE!!! Bring me your finest meats and cheeses. You can join in on the fun. Register for free and you'll be able to post messages on this forum and also receive emails when $$$ MR. MARKET $$$ makes his own trades. ($$$MR. MARKET$$$ is a proprietary investor and does not provide individual financial advice. The stocks mentioned on this forum do not represent individual buy or sell recommendations and should not be viewed as such. Individual investors should consider speaking with a professional investment adviser before making any investment decisions.)
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The IBD boards are getting funnier all the time. Here's my reply to a very absurd post...
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On 9/6/2005 12:03:14 AM akpilot wrote:
Again websman comes out sounding just like Mr.Market, if I am not mistaken an exact quote!! Coincidence? I think not...
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Yes! You caught me! I am $$$MR MARKET$$$. Yes, I have 19" biceps! Yes, I have 73 consecutive profitable trades! Yes, I can open a beer can by bashing it against my head! I am huge! Hahaha!!!
hmmm...that's kind of like wanting to be Paul Newman. Everyone wants to be him, but there is only one Paul Newman...and there is only one Mr Market. Sorry, I am not Mr Market.
1. ELN - Bought at $6.88. Closing price today was $8.78
2. PDC - Bought at $14.25. Closing price today was $15.49
3. OFG - Bought at $13.54. Closing price today was $14.47
I closed EZEN today for $2.40. That's a 23% gain. It will probably do well, but it's not running quick enough for me. I'll be looking for a good entry on AOB or HOM.
PDC rebounded some. I'll keep holding.
ELN took a hit today, which is not a bit suprising. It makes for a good buying opportunity. It's going to fly very soon.
OFG - What can I say? It was a bargain that I couldn't resist!
I had thought that HISC might be a good opportunity, but the more I look at it the less I like it. I'll sit back and watch this one. Maybe I can learn something from it. It's looking more like it could be a scam.
by Catherine Tymkiw
Shares of DHB Industries Inc. sank to a 52-week low after the maker of body armor said it would take a charge of up to $60 million to stop production of some bulletproof vests. An analyst said it could be a takeover target.
DHB said today that it stopped production of a line of vests containing Zylon, a material intended to stop bullets, after the National Institute of Justice revoked certification of all vests containing the material because of safety concerns. DHB said it would help law enforcement agencies with replacement vests.
Investors pummeled the Westbury, L.I.-based company’s stock, pushing shares down as much as 24.6%, to $5.02, in its heaviest trading volume since March.
The Zylon issue is the latest chink in DHB’s armor. In May, the Marine Corps recalled more than 5,000 combat vests made by a DHB subsidiary in Florida on concern that they didn’t meet minimum standards.
DHB could become an acquisition target by its larger competitors, one analyst said. Possibilities include Armor Holdings Inc. of Jacksonville, Fla., which said this week that it would stop making Zylon vests and recently bought a rival armor maker in Michigan, and Costa Mesa, Calif.-based Ceradyne Inc.
“This ($60 million charge) is going to take a bit bite out of [DHB’s] capital,” said Ivan Feinseth, director of research at Matrix USA, which doesn’t own DHB shares but rates the company a “strong buy.” “There’s a good chance that one (rival) or the other could purchase them. They’re at an attractive value here.”
DHB Chief Executive David Brooks said he expects the stock to recover. “Every company of the right size is an acquisitions target but we’re selling at a very, very low price,” Mr. Brooks said. But “if someone makes us an offer we can’t refuse, we’ll look at it.”
Yes! You caught me! I am $$$MR MARKET$$$. Yes, I have 19" biceps! Yes, I have 73 consecutive profitable trades! Yes, I can open a beer can by bashing it against my head! I am huge! Hahaha!!!
If you guys want to catch a stock right before it pops up, buy it as soon as I sell it. I sold EZEN yesterday for $2.40. It jumped up to $2.74 today. True, I did get a decent profit, but it still pisses me off to see one do that after I sell it. I'll either wait for it to pull back later, or I'll move on to something else.
RSSYF is still looking good. I may look for an entry.
..sold EZEN yesterday for $2.40. It jumped up to $2.74 today..
Bummer. Frankly, I'm a little surprised you sold it before the triangle resolved itself. Especially after the red channel turn up dude. It was just a matter of time!!! argh!!!!!!! haha.
Ah well, chin up. Nice and high......................................so I can give you an uppercut! lol jk
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