Portfolio of the Week

[IIC]

I like AOB this week. Here's why. I also own it.

Geez...I thought you liked it since it has been in the IIC 100 Top 10 since November 20th

[IIC]

Speaking of the IIC 100...Where's Alice???...She had CHINA pegged back in November...It has been a top the IIC 100 almost every week this year...Had me fooled back in November...Great Call Alice

[skiracer]

Geez...I thought you liked it since it has been in the IIC 100 Top 10 since November 20th

Sorry, but I wouldn't know. I never look at the IIC 100 thread.

[Peter Hansen]

OFC LONG For ME

OFC LONG Thanx!

[spikefader]

NEXC long for me, thanks peanuts! Good luck all.

[stenzrob]

I will take IMOS long again - for the same reasons as last week.

regards ... stenz

[Rob]

GOOG Is My Pick

I'd love to to take IMCL again ... I really, really would. But I will not, 'cause Google reports this week, and I've gotta go with Google.

GOOG long!

[let-it-ride]

Icoc

IIC: Welcome...Mind telling us why you like it?

I bot it in May 5x avg. 6.01...held it all the way down...Sold about 30% at 7.06, 20% at 6.15 and about 30% in the 5.70's...Still have about 20% of the original buys...thx...Doug(IIC)

PS: Congrats River, Mimo, and Stenz...I tried a last minute push do or die...Guess I died

Hi IIC,

First I need to let you know that I’m pretty much a position trader. I buy stocks anywhere from 2 to 6 weeks before an earnings announcement. I trade based on a lot of factors and it would take me awhile to list out all of them so I tell you why I like ICOC for a position trade.

1. ICOC fundamentals. 22% revenue growth 4th quarter YOY. Operating income up 120% YOY. ICOC repurchased 85% of preferred stock and will retire it. Bayshore compounding plant went online mid-September 06. Bottom line: decent fundamentals.
2. So why is ICOC’s price dropping? Decreasing demand, decreasing resin pricing and their business is cyclical.
3. Why am I buying now for a position trade? Earnings announcement is 9 days away. ICOC has good fundamentals. Traders may think ICOC is oversold “short-term”.
4. Technicals: Bullish morning star last three days and short-term MACD is bullish. All the other indicators I look at are “very” bearish.
5. Risks to ICOC this coming week. POL’s (resin company) earnings announcement on Weds Jan 31st. POL announced in December that this quarter will be weak. POL has been moving up over the past 4 days.
6. I have found that stocks usually run up into earnings. So based on this trend I trade stocks with decent fundamentals that may be in a slump due to cyclical factors, delayed orders, commodity pricing, loss of investor interest in between earnings announcements, market makers, etc. I also position trade stocks that are in favor and going up.
7. I have a partial position in ICOC. If POL’s announcement is no worse then expected and POL’s share price stays flat or rises then I will move to a full position on ICOC this Weds. If POL’s announcement is worse than expected then I will hold the ICOC I have and sell before ICOC earnings on Feb 8th.
8. What about ICOC long-term? When resin demand picks up and resin pricing rises then ICOC will be a buy and hold. I’m not sure if we are at that point yet. If you are a buy and hold long-term trader than I would wait for a definite cyclical turnaround. You may miss the initial run up but there would be time to get in for a long-term hold.
9. I’m always working 4 to 8 position trades so if I make the wrong call on a few then I usually come out ok. Traders and/or investors seem to run up a stock going into earnings. I think they are looking for or hoping for that blowout quarter. I position trade based on this trend (and other factors mentioned) and as long as people out there think this is the quarter that gets the company back on track or this is the quarter that beats earnings again then they will run up the price most of the time.
10. A couple of my previous position trades: SMTS: I bought in late November and sold a few weeks before earnings. A few hopeful people on the SMTS message board before the earnings announcement, ouch. TWLL: This one had a lockup expiration in December and most lockup expirations drive down stock prices. I was buying TWLL around lockup expiration. Good fundamental stocks usually bounce back after lockup expiration. TWLL finally had a big bounce on January 11th and I sold out. You will notice I’m not looking at big percentage gains or the so called home run here. I’m just looking to keep growing my portfolio over time.
11. So will see what ICOC does over the next 7 to 8 days. It has been in a constant downtrend since last quarter and if it is going to run it will be over the next week. POL will set the tone for ICOC this week. POL makes this short-term ICOC position trade a bit risky.

[ParkTwain]

Long KNOL

Second choice: VSAT

KNOL has a good-looking chart setup for this week.

Steels, certain TV stations, many kinds of low-P/E stocks (even grocers KR, SVU) are strong right now.

Many others are looking good (including several "high resistance ceiling" and post-ATH breakout candidates to watch going forward) such as:

ADS, ANGN
BLL
CHAP / AKS / MT (steel)
CIT, COLM, CSG
DFC
GCOM
HINT
KOG
MDP
NIHD
NXST / HTV / SBGI / TVL / GTN
(TV stations have become targets of private equity; see recent Barron's article,
http://www.smartmoney.com/barrons/in...0117&afl=yahoo )
ONNN
PRGX (turnaround)
ROCM
SPIL, SWK, SXC
TDG, TPP, TPX, TWTC
VPRT
WFR

[mimo_100]

ATRI long again

ATRI long again, peanuts.

Congratulations to everyone who played this week, no matter how your score turned out. Just the fact that you played and posted why you picked a certain stock is great.

I found ATRI in a "10 stocks for 2007" post (I'll look it up if anyone wants to read the post). I looked at it and thought it would be a candidate for
a short term profit especially becasue of its thin float (few shares outstanding). It traded 100 shares on Friday and the price of the stock moved enough to put me in the top 3.

Tim

[New-born baby]

I'd love to to take IMCL again ... I really, really would. But I will not, 'cause Google reports this week, and I've gotta go with Google.

GOOG long!

GOOG LONG! That's cheating! Getting a $200 pop out of a stock ain't fair! (unless the stock is mine).

Thompson Financial has them projected to earn $2.90 per share.

[Karel]

PCCC long

PCCC long, as it is still topping my screen.

Regards,

Karel

[New-born baby]

PCCC long, as it is still topping my screen.

Regards,

Karel

It made a nice looking reversal candle last Friday. Should get some green out of it today and tomorrow at least.

[New-born baby]

SIGA long

I'll take SIGA long, please.

[peanuts]

Current Player Holdings

Week 5
***welcome to our newest players, let-it-ride and ParkTwain. Good Luck, dudes!***

billyjoe............CA$H (carved in stone until Feb 2)
dmk112...........???
Gary611..........THI long opening price first trading day
Gatorman........SFN long opening price first trading day
IIC.................MOT short opening price first trading day
jiesen..............CA$H
Karel...............PCCC long opening price first trading day
let-it-ride.........ICOC long opening price first trading day
Lyehopper........??? PLEASE CONFIRM WHETHER YOU WANT FORG OR NOT
mimo 100.........ATRI long opening price first trading day
New-born baby..SIGA long 9:34 Monday
ParkTwain.........KNOL long opening price first trading day
peanuts...........CA$H
Peter Hansen....OFC long opening price first trading day
riverbabe..........???
RL...................???
Rob.................GOOG long opening price first trading day
scifos..............WAG long opening price first trading day
skiracer...........AOB long opening price first trading day
sirtuck.............ABB long opening price first trading day
spikefader........NEXC long opening price first trading day
stenzrob..........IMOS long opening price first trading day
StkyTreat........CA$H
Websman.........RWC long opening price first trading day

New players, RL, riverbabe, and dmk112, you have until 3:59 to place your picks for this week.

Lyehopper, I would appreciate some confirmation of your pick. I will place you in CA$H if I do not hear from you. If you confirm your pick, I will give you the opening price today. I do not appreciate the lack of communication on your part. You have to be more specific in your pick.