Portfolio of the Week

[Lyehopper]

ca$h....

Rob.... Start me in ca$h please sir.

btw.... I like the "carved in stone rule".... Rockin'Rob, you'll learn that our friend IIC would argue with a stopsign about the true meaning of "stop" and how he should be exempt somehow.lol....

Sometimes you gotta be like the stopsign and just stare blankly back at him.... even if he shoots holes in you, you're still the freakin law.jejejeje

[IIC]

Lye...Laws were made to be broken...If nobody broke them...We wouldn't need 'em.

[SledDawg]

I'll take CRDN long.

[dmk112]

I'll take NYX - long. It should continue to rock this week...

[Websman]

I'll take NYX - long. It should continue to rock this week...

I think this one may be a big winner this year. I'll be stalking it for a possible entry.

[New-born baby]

Ca$h

Rob,
I'll start off in CA$H as per usual.

[dakat69]

CCJ LONG

GL all.

[spikefader]

Some contestants whining about sub $5 stocks again I see.

Newsflash naysayers........shorting sub $5.00 stocks is real, it's goin' on every day, and it ain't no fancy, tricky, unrealistic thing to do. A decent broker like IB are all too happy for you to short sell stocks like ECR. There's no problem, no big deal.

Jim........not realistic?!? lol funny stuff. How long you been trading?? And have you ever traded with direct access brokers? Or maybe you've preferred retail your whole life....and lived in ignorance of the edge a good broker offers.

Shorting sub $5's is life dudes. And anyone in doubt about that needs to wake up and smell the roses. And, frankly, suggesting it's not realistic is simply displaying their own inexperience and ignorance.

I respect that some might not like the rule, IIC says shorting is against his religion, and I respect that.......but dudes, shorting is a reality, whether it's $3 or $103.

And I think the contest should be as close to reality as possible. Why should this competition be structured to favor people who prefer more expensive stocks? So they can be competitive? If yall can't be competitive on an open and level playing field, then give the game away and go cry to momma and tell her life ain't fair and you don't wanna play no more.

We all share the same rules, and share the same risk. And we all share the same reality. I love competition and success and will applaud anyone doing well.

Yet again I feel like flickin' foreheads!

[spikefader]

Here's what I have for this week so far. As always, if I've missed anyone, holler.

BillyJoe: HOM long
BoSox Jon: YMI long
IIC: $
Jiesen: AMLN long
Jim Smith: AAPL long
Karel: CELL long
Mimo: NUTR long
Ninner: CWTR long
Pete H.: GNBT long
Ray Long: GTY long
Rob: $
Scifos: $
Websman: TIII long

Rob, thanks fer pickin' the ball up again
I'm staying with ECR short thanks.

http://www.mrmarketishuge.com/showpost.php?p=44467&postcount=4618

[Rob]

Quasi-Ernie's Pick

Quasi-Ernie has assured me that the MFLX sell-off is about played out and sticks with MFLX long this week. Go get 'em, Q!

[skiracer]

Some contestants whining about sub $5 stocks again I see.

Newsflash naysayers........shorting sub $5.00 stocks is real, it's goin' on every day, and it ain't no fancy, tricky, unrealistic thing to do. A decent broker like IB are all too happy for you to short sell stocks like ECR. There's no problem, no big deal.

Jim........not realistic?!? lol funny stuff. How long you been trading?? And have you ever traded with direct access brokers? Or maybe you've preferred retail your whole life....and lived in ignorance of the edge a good broker offers.

Shorting sub $5's is life dudes. And anyone in doubt about that needs to wake up and smell the roses. And, frankly, suggesting it's not realistic is simply displaying their own inexperience and ignorance.

I respect that some might not like the rule, IIC says shorting is against his religion, and I respect that.......but dudes, shorting is a reality, whether it's $3 or $103.

And I think the contest should be as close to reality as possible. Why should this competition be structured to favor people who prefer more expensive stocks? So they can be competitive? If yall can't be competitive on an open and level playing field, then give the game away and go cry to momma and tell her life ain't fair and you don't wanna play no more.

We all share the same rules, and share the same risk. And we all share the same reality. I love competition and success and will applaud anyone doing well.

Yet again I feel like flickin' foreheads!

I have no problem with shorting any picks. I do it all the time in real life. Personally I feel that the consistent selection of stocks under $5 is more in line with the desire to win the contest than to pick a decent stock that is ready to make a move in either direction an/or own it. There is no way anyone could convince me that it is the same picking a stock under $2 or $3 much less $5 than it is to pick a stock over $10 and to have it appreciate $2 or $3 to match the .10 gain in % a $2 stock does. But we're all here to be able to voice our opinion in some positive form of dialogue and not to berate anyone else just because our feelings about the topic may differ. I don't think anyone was asking to structure the contest to suit them in any sense that they would have more of an advantage. If anything I think it is more realistic to think in terms of stocks over $5 or even $10 for the POTW but that's only my opinion an is only important to me and my own feelings.
One thing that I have always disliked and try to stay away from is the type of insinuations that Spike has brought up here over this simple dialogue and the way some might feel about the stocks under $5. No post that I've read in regard to limiting selecting stocks under $5 has been presented in this fashion. So what gives Spike the right to come off this way? What I love about people in general is that they always expose themselves without any help from anyone else. This stuff about running home to mama and crying about life ain't fair is BS an uncalled for between any of us. It usually takes one to know one and down deep inside our own psyches we all know who we really are. So I'm taking Spike's advice and letting it go. You can count me out.

[Rob]

Skiracer

. . . So I'm taking Spike's advice and letting it go. You can count me out.

I'd rather see you let Spike's comments go and pick a stock, not letting someone else's opinions affect your decisions.

Rob sends one of his "cousins" out

to chase Skiracer down and "persuade"

him to stay in the contest.

[Websman]

Quasi-Ernie has assured me that the MFLX sell-off is about played out and sticks with MFLX long this week. Go get 'em, Q!

No that's funny!

[Jim Smith]

Sorry Spike, but picking sub $5 stocks is more about trying to win some contest than providing something useful to the group.....I don't concentrate on sub $10 let alone sub $5 stocks....Therefore, I am at a distinct disadvantage when someone picks a $2 stock and it drops 25 cents.....But I am too busy trying to make real money trading rather than win some contest....

[Jim Smith]

and spike, I've been a full time trader since 1988, nearly always a schwab customer....
as one of the first day traders I got hauled in by the IRS in 1990 for what they considered execessive portfolio turnover thinking I was a drug dealer....I use to pay $100 a trade, if you can imagine that one....It wasn't long ago I was paying $75K a year commissions but that's down to about $30K now.