Hot Pick Of The Day

[dmk112]

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

The Nebraskan

I'm actually in MFLX right now... I wouldn't be buying at this point as they report on Tuesday but if they beat estimates (hopefully ) it will run! It is valued at around $32 so it is a bargain for all you value investors out there

[OmahaInvestor]

Too many people from Nebraska! Actually from Omaha if you couldn't tell... I like the pick I think it has great potential and am going to buy tomorrow I hope. chart looks good and really it could be a mover

[spikefader]

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

The Nebraskan

MFLX: I see a gap fill coming......

[grebnet]

Thanks for the input on MFLX

I am a little anxious about upcoming earnings, but decided to put one foot in the water and buy a partial position yesterday. If Spike is right and it drops then Ill add to my position assuming no new news.

Good call on MVK spike.

[Runner]

CY is my pick of the week! Nice bounce off 9.51. Appears it might test highs of range @ 11.83

[Runner]

If it can clear 11.83 with some power it might serve as a PP??

[spikefader]

OK, SIRI entry right here for a good chance at being hot this afternoon.

[Gatorman]

MO for Monday 1/31

My pick for Monday 1/31 is MO
Fundamentally, Altria is a sound a company that combines a variety of products. It was hurt somewhat in the last quarter due to a charge by Kraft from weak airline sales results. Still it is only 1% off it's 52 week high, 1.21% above 13 day EMA, 5.76 above 50 day EMA, has a RS rating of 91. MSN rates it a 9 on it's scale with 10 being the highest which is up from an 8 rating 3 months ago. It also has a institutional Accum/Dist rating of B+. It has a PE ratio of 13.5 which ranks high among it's group. It has pricing power in that it has raised it's price for Marlboro and several other of it's brands which should help the bottom line.
IBD rates it a B and gives it a RS rating of 81.
Technically, it is trending higher and is coming out of an oversold position. Candlesticks show what appears to be 3 outside up in a bullish trend. It also has a low Beta.
Would appreciate your comments/analysis.

[New-born baby]

Thanks

Gatorman,

Thank you for the post. Nice write up--you've done some study and it looks good. I hope others who post on this thread will do a good job like you have done here.

Let's see if Spike/Runner or someone else wants to chart this thing for us. My tech skills are inferior to Spike's by many a mile. I hope by this thread to greatly increase my skills, and hopefully make us all much better traders.

[billyjoe]

New-Born,
I know it's no Can, but how about a good old American stock, MSB.
Don't be fooled by the name.
billyjoe

[New-born baby]

Nothing's wrong with MSB

BillyJoe,

MSB is a good stock, and I watch it everyday. I need to buy some. Why don't you write it up?

[billyjoe]

MSB (Mesabi Trust) Main source of income is royalties from the Mesabi Iron Range in Minnesota of which it is principal land owner. Income is based on the shipments of iron ore pellets from the range as well as the price received for the pellets.
Cleveland Cliffs Inc. is the lessee/operator of the range. Over the past 2 years, an average of 4.68 million tons of ore pellets have been shipped annually. The amount of ore shipped per year is effected by demand, weather conditions, steel imports, and current price.
At 16.52 , MSB is within 2% of its 52 week high price. It paid dividends of 1.18 last year, a 7.1% return on current price.
There are 13.1 million outstanding shares with a market cap of 216 million.
In the last 7 months, the stock has appreciated approx. 175%. It trades on average 103,000 shares per day.
For the 9 months ending 10/31/04 revenues increased 78% to 6.9million. Income was up 86% to 6.5 million. Return on equity was an amazing 99%. Sales growth was 43.1% in 2004. income growth, 44.7%.
Apparently the Wall Street Journal has published 2 favorable articles on MSB in the past 2 weeks, but I haven't seen them.
IBD ranks them at #55 in the latest paper.
What attracted me to MSB was their high ROE and dividend.
If you think iron ore will continue to be in great demand, this is a great stock. If the demand drops, so will the price and dividend or distributions as they are officially called.
billyjoe

[spikefader]

Let's see if Spike/Runner or someone else wants to chart this thing for us...

Here ya go.

[New-born baby]

Msb

MSB (Mesabi Trust)
If you think iron ore will continue to be in great demand, this is a great stock. If the demand drops, so will the price and dividend or distributions as they are officially called.
billyjoe

Steel will continue to be in demand as long as China and India are growing so rapidly. In my opinion, this is a good stock. And I like dividends. They console me if the share price drops.

Beautiful write up, wasn't it? Great job BillyJoe!

I like this kind of work!

Thank you Spike for MO! Always nice to hear from you!

[dmk112]

MFLX: I see a gap fill coming......

Spike how accurate is this?