Portfolio of the Week

[ParkTwain]

Peanuts wrote:
The winner of the yearly contest can teach us alot about a great way to grow our own portfolios.


Not if the participant doesn't explain how he/she found the stock as a candidate and then picked the stock. I don't think that happened in the case of every participant in last year's (IIC's, that is, Doug's) Pick of the Year contest. However, doing so SHOULD be a prerequisite of joining such a contest. Otherwise, how do the rest not believe that the winner just got lucky, which is quite possible even in the stock market.

[mimo_100]

Peanuts wrote:
The winner of the yearly contest can teach us alot about a great way to grow our own portfolios.


Not if the participant doesn't explain how he/she found the stock as a candidate and then picked the stock. I don't think that happened in the case of every participant in last year's (IIC's, that is, Doug's) Pick of the Year contest. However, doing so SHOULD be a prerequisite of joining such a contest. Otherwise, how do the rest not believe that the winner just got lucky, which is quite possible even in the stock market.

I've been advocating this for a long time, especially in the POTW contest. If the purpose of this forum is LEARNING, then it is necessary to reveal how a person came up with the winner. Don't we all learn from someone who teaches us the path to success?

[peanuts]

Hey stenzrob

It seems that the folks want a speech. How did you come to pick SCLD for the POTW contest? Tell us when you get back from skiing.

[skiracer]

Peanuts,
Take me out of FORG - I'm going in another direction.

[stenzrob]

Last week, I picked SCLD because they were reporting mid-week. SCLD is a turnaround play that I have been following for years. About six months ago, new top execs were put in place, and they disclosed their plan to return to profitability and growth. Over the last 3 months or so, new contracts were announced, and the plan seemed to be on track. The report last week had the potential to again confirm that the plan was on track. This turned out to be the case - while revenues were down, gross margins were up, so losses shrank. The chart has showed renewed buying interest since bottoming out.

This week I am picking EXP. They report on 2/1, so this pick could be premature. This is a valuation position in my portfolio - the PEG is about 0.3. Last year at this time, it gapped up from 40 to 50 and ran to almost 75. Beaten back down due to housing sector crash, but their business is partly residential and partly infrastructure (concrete for roads & bridges) construction. Picking for this week due to technicals - the MACD turned positive, and the 50 day crossed above the 200 day. One of their competitors, TXI, is approaching a new high breakout and may actually be a better pick for a 1 week gain, but I like EXP's valuation better and own it in real life. More of a "POTM" than a "POTW", I particularly like the 3 year weekly chart:
http://stockcharts.com/h-sc/ui?c=exp,uu[h,a]waolyiay[df][pc10!c50!f][vc60][ila12,26,9!lp14,3,3]

regards ... stenz, back safely from a fun ski trip!

[Websman]

HEB - long

[skiracer]

Decided to stay with FORG - long.

[Gatorman]

Pick

Will take ONNN long.

[Lyehopper]

Staying in cash doesn't prove anything to me as far as stock picking abilities are concerned.

WeLLLLLLL, Now I guess as far as ol' Lyehopper's "concerned".... it ain't all about YOU now is it!?

[Lyehopper]

Decided to stay with FORG - long.

Seriously now Ski!.... "As far as I'm concerned".... I think anyone here could have picked that stock....

[skiracer]

WeLLLLLLL, Now I guess as far as ol' Lyehopper's "concerned".... it ain't all about YOU now is it!?

Of course it's not but Jeez Lye, I was only voicing an opinion. I think you guys might be carrying it a little farther than necessary. But everyone is entitled to their opinion right? And it was never meant just about you in any sense but what the CA$H position and the POTW are evolving into.

As far as FORG is concerned, take me out of it Peanuts and see if anyone else wants to use it as their play. I'll make another pick.

[JohnHenry]

Athr

Congrats to the top three.

I will be taking ATHR at the start please. Thanks.

[Lyehopper]

Of course it's not but Jeez Lye, I was only voicing an opinion. I think you guys might be carrying it a little farther than necessary. But everyone is entitled to their opinion right? And it was never meant just about you in any sense but what the CA$H position and the POTW are evolving into.

As far as FORG is concerned, take me out of it Peanuts and see if anyone else wants to use it as their play. I'll make another pick.

OK.... I'll take FORG long.

[jiesen]

put me in AMLN long, please!

[skiracer]

AOB - long