Portfolio of the Week

[skiracer]

Now that's MORE LIKE IT fellas!!!! Looks like a rally to me. Let's make some $$$$!!!!

Pete H. has grabbed first with a "scientific" short pick this week.lol Good pick Pete.

I'm in second with ECOL.... and Gator's got 3rd....

Lye,
Stockcharts and Medved Quotetracker both had PETS opening at $14.27. Check it out for me would you please.

[New-born baby]

Pride

And the POTW didn't do very well, really: up .6% on a day the markets really roared... I mean: was there an index that scored less than 1%?

Regards,

Karel

You REALLY know how to hurt a guy.

[Lyehopper]

Woops!!!

Lye,
Stockcharts and Medved Quotetracker both had PETS opening at $14.27. Check it out for me would you please.

SKI.... I'm sorry DUDE!.... I guess that at 2:00AM my eyes get a little crooked.lol.... Looks like I recorded the days high as the open! WOOPS! thanks for the call man.

HEY fellas check your score! I know it's hard to beleive but I DO screw up sometimes....hehehe

Ski you are GREEN not red and you fall right between IIC and Webs now. I'll correct it on tonights scorecard.

[ParkTwain]

Karel wrote:
//
I noticed several under $10 stocks on the list and checked their daily dollar volume. My method was (I used finance.yahoo.com):

1. Check the three month average daily volume
2. Check the lowest price over the last three months
3. Use these two numbers to compute a "daily dollar volume"
//

I would have suggested to first take the "avg. price" (avg. of lowest price and highest price during the 3 months) over the 3 months then multiply by the 3-mo avg daily volume. This way of deriving an avg is admittedly rough. An alternative could be to take the stock's current 90-day (3 month) exponential moving average as the "avg" price.

[skiracer]

Lye,
Thanks bud. I had it at up +.49. But placing me between Doug and Webs. Ed not that way.

[Lyehopper]

Are you having fun!???

Different tune: last week CMCO opened way up over the previous close, causing me a loss in the POTW and a gain in my own portfolio. Now it opened way down, so I am looking at a loss in my real money portfolio and am in the green in the POTW. So things just cancel out

And the POTW didn't do very well, really: up .6% on a day the markets really roared... I mean: was there an index that scored less than 1%?

Regards,

Karel

Remember Karel this is a game first and foremost. It's supposed to be fun. The POTW is a weekly contest not a "index".... Don't think you understand my "H" factor experiment. Go back and study my thread. Portfolio management will be the success of the "H" factor experiment not the direct POTW overall averages. And the manager (me) is still workin on the "system"..... Now I suggest that you take a big drink of cold Apple Brandy, chill out and just play the game.... and TRY to have some fun DUDE!!!!.lol

[ParkTwain]

Karel wrote:

//
Ticker - avg vol 3m - lowest price 3m - $$$ volume

DDD - 137K - 3.77 - $516K
LINKE - 99K - 2.10 - $208K (E: Delinquent in required filings with the SEC)
NOVA - 43K - 6.00 - $252K
RGEN - 322K - 2.87 - $924K
RWC - 590K - 4.75 - $2803K
SKIL - 240K - 3.87 - $929K
//

3 (DDD, RGEN, and SKIL) of these are breakout plays. That's a valid strategy for a stock of any price.

Regarding a minimum 90-day avg daily dollar volume, maybe $500K is a useful number. In a previous post I had suggested $1M. My point there is that the stock's daily trade should support one's taking a significant position ($10K) without moving the stock's market.

Karel didn't publish the 3-month volatility numbers for any of these, so what are we talking here?

[New-born baby]

Wmt

LYE:
Move my WMT short stop to even, please.

[Karel]

3 (DDD, RGEN, and SKIL) of these are breakout plays. That's a valid strategy for a stock of any price.

Regarding a minimum 90-day avg daily dollar volume, maybe $500K is a useful number. In a previous post I had suggested $1M. My point there is that the stock's daily trade should support one's taking a significant position ($10K) without moving the stock's market.

Karel didn't publish the 3-month volatility numbers for any of these, so what are we talking here?

Well, there was some talk about avoiding thinly traded stocks and I decided to get down to cases. I also wanted to use as few calculations as possible, in case Lye wants to implement something like this. Volatility calculations are out then, I think. Lowest price is easy and severe enough to my taste. And I mentioned "fundamental story" to allow even this kind of stock. I don't think a technical story is enough. Of course it can be enough to justify the play, but I was talking about justifying the stock. If you see what I mean. But it all depends on whether Lye really wants a check like this, then we can start to bicker about details.

Regards,

Karel

[Karel]

Remember Karel this is a game first and foremost. It's supposed to be fun. [...] ...and TRY to have some fun DUDE!!!!.lol

Hi Lye,

I think numbers are fun, so I am enjoying myself quite well. And I don't mind pulling the leg of someone who shouts for joy at a sub par performance. But then I may be a pervert

Regards,

Karel

[mimo_100]

Lye,


OK, I'm movin' out of cash and chasing OXPS long

Tim

[Lyehopper]

Hi Lye,

I think numbers are fun, so I am enjoying myself quite well. And I don't mind pulling the leg of someone who shouts for joy at a sub par performance. But then I may be a pervert

Regards,

Karel

Karel, Perhaps I shouted for joy cause I was up 10% on a stock I really owned.lol .... Plus I saw more fellas green (or even) than I saw red. But there again it was 2:00 AM and at that hour who knows what I was thinking.

btw.... I never actually averaged the scores last night. Glad you're havin fun dude. I think your ideas are good and I'll be revising the "RULES" before the weekend anyway..... Doug should really like that.hehehe

[billyjoe]

Grebnet,
Any thoughts on EGY? I just bought some for the long term and was surprised to see it ranked in the top 100 by Greenblatt* (return on capital + earnings yield)


*The Little Book That Beats the Market (Wiley2006)


billyjoe

[grebnet]

Egy

I sold my last bits in Feb and Mar at 4.84 and 4.56 . I havent had any interest in buying it back although I did make a little $ from it.I felt I couldnt ever get a grasp on how it was going to react to available news ,I dont like stocks that I dont understand.
I do think it is probably a good stock , justnot for me.

I have higher hopes fpr GW and also bought some BTJ this am. Im also holding some IO although Im a little unsure of it. ( all related to oil/gas industry)

[spikefader]

You REALLY know how to hurt a guy.

yep it seems Karel does.

Remember Karel this is a game first and foremost. It's supposed to be fun........ Now I suggest that you take a big drink of cold Apple Brandy, chill out and just play the game.... and TRY to have some fun DUDE!!!!.lol

Here here. Good for you Lye. Your skin is thicker from recent battles no doubt A lesser man would let karels nagging reminders about your work in progress get to them and outburst with expletives or sumfin hehe.

I think numbers are fun, so I am enjoying myself quite well. And I don't mind pulling the leg of someone who shouts for joy at a sub par performance. But then I may be a pervert
Regards,
Karel

Well, it seems you're finding the competition between your fund and POTW (and your winning) the fun part. And hey, if you need the POTW competition to inspire you to put more attention into your own ports, fine.....but maybe you'd get more out of it if you picked a system that was genuinely a refined and successful product/system and try to match that.....oh, but it's not so fun to compare oneself to a winning system is it??? ....there's just no satisfaction....

Hey, I'm pretty easy going and like a good competition, but little stabs and patting yourself on the back seems a bit juvenile to me, and really not in the spirit of the board (i.e. we all liking to root for each other). Forgive me if I'm way off base here, and perhaps I'm just grumpy, but it's getting on my nerves karel. I think Lye's doin' a great job scorekeeping and trying to motivate everyone to play a game that can be fun just by participating. Lye has high expectations and can see the potential of the H factor and putting it into some 'system', and that's creativity and inspirational, even if it isn't worthy in your eyes. I think any comments you make should bear all that in mind instead of selfishly getting glory out of what I'd equate to a bully pickin' on someone who ain't growd up yet