Hot Pick Of The Day

[New-born baby]

"Huge"-Type Investors,

I thought it might be good to start a thread highlighting some stocks whose charts, news, and fundamentals look especially inviting for that particular day.
I would like this thread to highlight stocks with real powerful potential, and not just someone's pet stock [like IIC's WITS].

Now, my problem is that I am going to have to pick up the skill of importing charts into MM's forum, something I have never done nor never even tried to do. Please excuse the incompetence.

I would also invite other posters to post their picks, charts, and reasons for purchase of a particular chart, along with buy and sell targets. It would be nice if we could post, analyze and play these picks with profit.

Please feel free to post.
And as always, the very best investing to you.

[New-born baby]

My Pick for January 27, 2005

Here's my Pick: MDC

Why Buy MDC:
MDC is a home builder. The sector is hot. MDC just posted earnings that exceeded expectations. It also announced a stock buy-back program.

Chart-wise:
Candlestick charts (my favorite) shows that MDC has just posted a doji (morning star), which marks the end of a downtrend. Yesterday was a confirming strong up day. Therefore, it seems that MDC is set to start trending higher.

Buy point: market (wait 15-30 minutes after open)

I am going to try to import a chart. If that fails, SPIKE!!!!!!!!!!

[andrewte]

Wow, an A+ recommendation. My only reservation is that it's not churning enough cash from operations if you look a the past few quarters. Perhaps it's something typical to this industry..

The Nebraskan

[New-born baby]

Where in NE?

Andy,

Where in NE are you from? I pastored in Sargent, NE. It's on the edge of the Sandhills. Loup River country.

[andrewte]

Yo Buddy, I was in Lincoln for a couple of years, now back to Asia.

The Nebraskan

[andrewte]

Now back to MDC, if the support at $68 can be held, this baby can fly.
Comments pls.

The Nebraskan

[New-born baby]

Yes

Now back to MDC, if the support at $68 can be held, this baby can fly.
Comments pls.

The Nebraskan

Yes. It can fly. Housing is hot.

[grebnet]

Mflx

does anyone here have any knowledge or thoughts on MFLX?
It came up on a screen and looks interesting..

[abk33139]

Just that its been in the last few data dumps from Mr. Market. Hmmmm.

Alison

[spikefader]

Good idea for a thread New-born!

For importing charts, you may have to use some form of compression software to reduce the size. (I use Advanced JPEG Compressor which works really well because it reduces file size without losing content)

http://www.winsoftmagic.com/

free demo available.

When you've lowered the size to that allowed by Mr.M, just click "Manage Attachments" in Additional Options of a post. Then browse to find your file and upload it. Then submit your message and the chart appears before your very eyes Magic.

[spikefader]

On MDC, 7 days ago had an upper channel touch. Wait for C entry. It looks like the A down is done, and now working on the B up. The C down to about 67?? That's where bulls are lying in ambush

[New-born baby]

Thanks, Spike

Spike,

Thank you so much. My first hot pick of the day wasn't hot today, but I still believe in this stock.

[andrewte]

For MFLX, are you guys concern that the RS is not as strong as it should
at this point for a breakout?

The Nebraskan

[billyjoe]

New-Born,
My hot pick of the day is GDP. Well maybe not today or even tomorrow, but in the near future this stock will payoff handsomely. Their earnings increased about 200% in the 3rd quarter. Their production of oil and gas increased 30% in the same quarter mostly due to a successful strike in East Texas. They've got the whole package , earnings , relative strength, strong group , great demand, sales, production, and friendly landlords (US Govt.). Yet, the price is under 17.00. The only reason not to buy this stock is if you believe the price of natural gas and oil will take a nosedive and stay low for the forseeable future.
billyjoe

p.s. another reason not to buy is if you have no $$

[New-born baby]

Oil Price

BillyJoe,

Thank you for taking time out of your busy shoveling schedule to post your hot pick. I like it!

Some reasons I think oil and gas will remain high:
1. Iran's friendly govt
2. Osama Bin Laudin
3. Al Queda
4. Saudi Arabia's failing and falling monarchy
5. China's growing thirst for oil
6. India's growing thirst for oil
7. Environmentalists' fear and concern for the Tennessee Snail Darter
8. Al Gore
9. A peaceful Iraq

Now convince me (please) that I should put my money here instead of in a Can that pays a 17% dividend.