Portfolio of the Week

[Lyehopper]

Lets try RGEN

Hey Greb, You takin that long or short dude?

[IIC]

Webs,
Nothing directed at you or anyone. Just much easier to get a larger % gain on the under $5 and lower stocks in my opinion. Just my feelings and no big one way or another. I do feel that it is a strategy to get the larger % gain an if you own them it's great. Takes alot less to move to a much larger % gain with the cheaper ones than with one over $15 or $20. I just feel that raising the limit to $5 an above would make it that much more interesting or even to $10 an above. Try it out and compare the % gains to previous weeks.

That's true...but there's also a better chance of getting slaughtered on the low priced ones...Doug(IIC)

[Lyehopper]

Geez Lye...So many rules.

Also, I would like to voice my objection...the first week should count...the market doesn't stop because someone is on vacation...And anyway...who takes vacation this week anyway again?

Also...I think you meant 1/09...not 12/09.

And also...she is not my girlfriend.

And also again...since you are going with "Cash"...I'm going with First Cash...FCFS long this week...although I'm not interested in possibly buying it unless it cracks 30...Happy New Year...Doug(IIC)

Yes IIC.... BUT.... they are very simple rules. I could have made just one long complicated rule but I opted for 10 simple ones.lol And just wait till Spike and Ski get through advising me dude!!! We'll have to offer a instructional video or something like that.lol

yes.... I meant Jan not Dec.... my mind should clear up by mid spring.

yeah!.... SSSSURE she ain't Doug.... wink wink.

Hey I'm not going with the stock (ticker) "CASH".... I'm going into "cash" you know as in a cash position.... I now refer you to the 10 simple rules again.hehehe.... You can pick cash as your opening position now and be entered!.... So now you can just sit in cash till your FCFS shows it can break resistance and hits $30 Doug. Cool huh? Hey!!! and you can always short sell it if that SHS fully develops.

btw... thanks IIC, you're-da-best dude....

[skiracer]

I was just offering up my thoughts and feelings. It's ok with me just the way Lye has been running it. He's doing a great job and that's fine with me.

[Lyehopper]

New Player Fellas!!!!

hey lye this is my first week participating in POTW so here goes nothing..

I pick NOVA Long

Welcome to BillyJoe's hijacked POTW dude!.... look forward to seeing your picks!

[Lyehopper]

I was just offering up my thoughts and feelings. It's ok with me just the way Lye has been running it. He's doing a great job and that's fine with me.

I value you input Ski. Keep those ideas rollin.... We need a minimum of 20 rules so We can hire IIC @ $250k to be head instructor over the POTW rules course at the MMIHSP.... $$$Mr. Market$$$ institute of HUGE stock picking.

[Lyehopper]

Also...I think you meant 1/09...not 12/09.

Hey Doug check out the title of the Friday's scorecard post I made earlier.sheesh! LOL.... betcha didn't know Dec had that many days huh?.... SEE what I mean IIC? we really DO need a warm up week DUDE!!!!

[ParkTwain]

Webs,
Nothing directed at you or anyone. Just much easier to get a larger % gain on the under $5 and lower stocks in my opinion. Just my feelings and no big one way or another. I do feel that it is a strategy to get the larger % gain an if you own them it's great. Takes alot less to move to a much larger % gain with the cheaper ones than with one over $15 or $20. I just feel that raising the limit to $5 an above would make it that much more interesting or even to $10 an above. Try it out and compare the % gains to previous weeks.

Maybe we should think about this as a (3-months, for instance) daily average dollar volume criteria to be used as an entry in the POTW. Such as a $1M daily dollar volume minimum criteria.

I personally think the sub-$5 stocks are a pipe dream as a pick for a "portfolio" and even in many cases as a trading play. As a for instance, Spike's winner BEL traded a whopping 500 shares total in the first couple of hours last Friday. This is not a security where one can take a significant trading position ($10K, for instance) without moving the market in that stock that day. So the POTW might be serving only as an academic exercise that has little usefulness in the real world.

[Lyehopper]

Maybe we should think about this as a (3-months, for instance) daily average dollar volume criteria to be used as an entry in the POTW. Such as a $1M daily dollar volume minimum criteria.

I personally think the sub-$5 stocks are a pipe dream as a pick for a "portfolio" as opposed to a trading play. BEL traded a whopping 500 shares total in the first couple of hours last Friday. This is not a security where one can take a significant trading position ($10K, for instance) without totally messing up the stock that day. So the POTW can turn out to be only an academic exercise that has little usefulness in the real world.

Good point Park.... Thus the #5 Rule.

Seriously fellas keep these sugestions flowing here. We'll revise the rules for Volume, Price and allow Limits by the end of the week and I'll post the revised rules before next weeks contest.

[ParkTwain]

Pick for this upcoming week - DDD (long).

[spikefader]

Ya, I agree that BEL's volume is very low. I'd pumped myself up so much with that write up that I just HAD to pick it! And I sometimes feel the way ski does about the cheapies. I'd be happy with minimum rule and volume rule. Whatever is going to make everyone happy.

New_born...I have feeling you are correct about the market. It could get ugly and fast this week. I probably should be shorting in POTW.

Lye, cancel my previous pick and short NTY for me will ya.

[sisterwin2]

MMP ----- Long.

[mimo_100]

Cash me out

It's going to be a tough January for the Bulls.

I will start out the new year in cash, thank you Lye.

Congratulations Bucks.

Tim

[The Photon]

this week I will go wilr LUFK long -

[RL]

My dart hit SKIL