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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I will continue to hold PCCC for the contest. BTW, in the contest I grabbed it first in the week of 9/18, when it opened at 9.85. Another BTW: I am no longer holding this in my real money portfolio
Regards,
Karel
My Investopedia portfolio
(You need to have a (free) Investopedia or Facebook login, sorry!)
A trip down memory lane. Just went back to view the first 11 POTW contests from January to April 2005 . Although there were not many contestants each week and they actually picked a portfolio of 2-10 stocks, it took 11 weeks before we had a repeat winner. Here are the first 11 winners, unfortunately at least a couple of them are no longer with us.
Ya know I had it as my pick earlier but just deleted the post and the play. Did you see my earlier post or just decide to play it now being that I took it off and no one else was playing it.
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