Portfolio of the Week

[New-born baby]

". . . Next!"

BillyJoe,

Okay, so you're out of contestants already. You know you're scraping the bottom of the barrell when I post my picks.

Here's my portfolio for the week:

SHORT: GM at the open Monday.

SHORT: F (that's FoMoCo for you greenhorns out there) at the open Monday.

BUY: FDG (Fording Coal) at the open Monday.

I am staying away from the NAZ this week for [financial] health reasons.

Spike, why don't you jump in here and short the QQQQ for about a month . . . .


SUGGESTION: BILLYJOE, DRAFT PEOPLE FOR THIS THREAD. Hey, IIC said he thought the 1970's would be back soon; bring back the draft!

[billyjoe]

OK boys and girls we've got some time between games and at halftime. Can we get 3 more first timers to get in with Gatorman and New-Born? Your chance for untold glory and valuable bragging rights. First 3 new stock pickers to post are in the new "Portfolio of the Week" starting tomorrow at market open. Rah! Rah! Rah!
billyjoe

[jiesen]

ok I'll bite

long SYNA
short GMSV.OB

[billyjoe]

Jiesen,
Can you short a stock that's only worth 1/10 of a cent?I'd like to see their corporate headquarters. We need two more contestants or will I be forced to enter my killer picks?
billyjoe

[IIC]

OK...I'm in...although a week seems like a looooong time...LOL

All Long:

AWRE 4.99
OPTN 17.25
ITRI 23.07

[billyjoe]

One more contestant and we're set for week #2
billyjoe

[IIC]

The 1970's...Geez, Guess I caused quite a stir all over the Internet with that statement. At one group I am in they posted that this is the worst 3 week start for the Naz since 1971...

WAIT...The Naz didn't even start trading till Feb. 8th 1971.

I see 1971 as a Naz support point...1976 is the Naz 200 dma

I really thought people were trying to trick me into being naive again...and actually I think you were...but it is all over the place...so I thought I'd clear that up...LOL

[New-born baby]

Worst Ever

IIC,

If NAZ start is worst since 1971, it means its the worst ever. Now if you consider that EBAY trades at 20 times sales, RIMM trades at what, 12 times sales, and SIRI... I think the NAZ is coming down.

[jiesen]

Jiesen,
Can you short a stock that's only worth 1/10 of a cent?I'd like to see their corporate headquarters. We need two more contestants or will I be forced to enter my killer picks?
billyjoe

next week it will be worth 1/10 of that, I bet. I use this stock as an example to remind me that yes, a stock CAN go down forever.

[billyjoe]

Scifos will defend his title against Gatorman, New-Born, Jiesen , and IIC.
Opening prices later. Let the games begin.
billyjoe

[billyjoe]

Opening prices and portfolios:

Scifos
short CRA 12.88
short DAL 4.95
short CRGN 5.84
WZEN 6.50
TRA 8.02

Gatorman
ARLP 72.00
CMN 22.62

New-Born
short GM 35.96
short F 13.12
FDG 76.08

Jiesen
short GMSV.ob .0011
SYNA 36.86

IIC
AWRE 4.89
OPTN 17.10
ITRI 23.21
billyjoe

[billyjoe]

Our best early gainers:

Scifos
short DAL +6.8

Gatorman
CMN +1.72

Losers, we won't mention them right now
billyjoe

[scifos]

Seems I'm doing okay to start, cept for TRA down about 5.
Jiesen's GMSV.ob is in trouble early i see, but stuff that cheap swings a lot.

[jiesen]

Seems I'm doing okay to start, cept for TRA down about 5.
Jiesen's GMSV.ob is in trouble early i see, but stuff that cheap swings a lot.

it might have started with an uptick, but its close puts me at a 9% gain for the day. we'll see, but I still have a $0.0002 target by the end of the week on this one.

[billyjoe]

Today's highlights:

Scifos up 11.8% on DAL short

Gatorman gains 1.31% on ARLP

Jiesen up 9% on GMSV short after potentially disastrous start

New-Born up 1.74% on FDG

6 picks were money makers, 2 unchanged , 7 lost money ,better performance than the market

billyjoe