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too bad this thing didn't start today, as originally planned- our AMLN would have been rocking the TA's world by now. I'm sure tomorrow will be just as good, though.
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I'm throwing darts they have served me well the past five years and when I signed on this team thats what I said I was doing. I like Billy have to set back and drink a few beers eat lindburger and watch the BUFFALO BILLS.I'm setting up my dart board now and should have my pick SOON.Ray LongComment
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Here It Is HTRN don't know what price you are using?Ray LongComment
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Originally posted by jiesen
Too bad no one got back to me if we were allowed to use .OB stocks.
Or this would have been my pick here as well
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You guys should be thankful I didn't pick BMHC and the contest didn't start today. I'm tired of talking about BMHC , though I still own it. Will come up with a writeup of some sort on PCU today. What if I change my mind before then? Just kidding . It will still be PCU tomorrow.
billyjoeComment
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What?
Out of the office all day today. What happened?Originally posted by spikefaderLOL Oh boy......had to happen didn't it! Great TA day! FA guys gotta be breathing a sigh of relief
New-born! Where are you dude! Front 'n' centre!Comment
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Boy are you FA boys lucky I didnt play this stock, and I liked it because of the chart
http://stockcharts.com/def/servlet/SC.web?c=ASFT,uu[h,a]daclyyay[dc][pb50!b200][vc60][iUb14!La12,26,9]&pref=G
Vertical Growth Accelerates 2005 Fourth Quarter Revenue up 120%
Monday October 3, 4:29 pm ET
Fiscal Year up 95%
For the fourth quarter of fiscal 2005, Vertical reported revenue of $5.7 million, compared to revenue of $2.6 million during the same quarter of fiscal 2004, an increase of 120%. Revenue for the fourth quarter was also up 36% from $4.2 million of revenue reported in the third quarter as the result of a significant decrease in bookings deferred from the quarter. Deferred revenue balances increased by $3.7 million during the quarter, compared to an increase of $6.5 million during the prior quarter. Total deferred revenue now stands at $20.4 million.
Someone please say if .OB stocks will count.... Cant wait for the next pick
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You're on the TA team right? We need a pick from you. We wanna get this thing happening for tomorrow morning, close up EOD Wed, and give the other side a hard time for losing the rest of the week. LOLOriginally posted by New-born baby
tag, I vote OB are allowed in. But my reservation in using them is the higher potential of disaster for not only that one position, but the entire team average, which as I understand it is how this contest is going to be measured - i.e. team average.
Might be wiser to pick more liquid stocks of higher value. Unless of course you have a perfect entry point with reasonable r/r just like any other setup.Comment
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I was going to suggest that we set a limit of average daily volume for our team of around a minimum of 250,000 shares but ABAX only trades on average 112,000 shares per day. Today it traded 163,000. Also those penny stocks drop a few cents and it becomes a big % drag on the rest of results. Maybe we should set limits for ourselves of $5.00 minimum with 150,00 average volume just to keep it more real. But whatever you guys decide is ok with me.THE SKIRACER'S EDGE: MAKE THE EDGE IN YOUR FAVOR
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Originally posted by spikefader
I ask because sometimes (in a prior contest I was in) people pick cheapies just to get a higher % gain. But, I really do own ASFT.ob. I bot it on friday.
So since I am a "newbie" here I thought I would ask. I only pick what I would actually buy and sell... otherwise what is the point??
My 2 cents.
Summary: Start date is when? Mins on Price & Volume? .OB stocks in or out? Shorting stocks- do they have a min price?? (under $5 are easy shorts for a contest, just not in real life)
Gotta run- football is starting....
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Southern Peru Copper (PCU) produces copper from open pit mines in the Andes Mountains 400 miles from Lima, Peru and at two mines 25 miles south of the U.S. border in Mexico. By 12/31/04 they had 44.9 million tons of copper reserves , they added 22 million more tons of reserves through purchase of mines in Mexico this April (05). They operate smelters and refineries in both Mexico and Peru.
The April buyout of the Cananea and LaCaridad mines from Groupo Mexico SA makes them one of the world's top 3 copper producers. They now have an estimated 53 years worth of copper reserves. According to analyst Jorge Beristain of Deustche Ixe, U.S. copper producers have no more than 30 years of reserves with no plans for expansion.
PCU sells to Europe and America with increasing emphasis on the Far East including China.
In addition to copper , silver and molybdenum are produced as byproducts. Molybdenum which for years hovered between 5 - 10 dollars per pound has skyrocketed to $35.27 /lb. recently.
Why copper?
1. copper prices have increased from .65/lb. in 2002 to 1.80/lb in late 2005. Your pre-1982 95% copper penny is worth more than a penny when melted
2. inventories are at a 31 year low as demand , especially from China , is ever increasing
3. todays average car contains 55 pounds of copper. Hybrid cars which use copper rotors for their electric motors average 77 pounds copper per vehicle. Toyota Prius alone is up 90% in sales last month.
E.P.S. triple digit earnings growth last 3 quarters . Although First Call originally forecast a 10% drop this year to 6.74 , consensus E.P.S. has recently been revised to 8.28
Sales increase from 21 - 64% last 4 quarters
Revenue 2.3 billion
P/E 5.52
Yield 9.86%
R.O.E. 36.50%
52 week price range 41.24 - 66.50
market cap 8.21 billion
U.S. headquarters Phoenix Az.
employees worldwide 3544
and I might add , their chart the last 7 1/2 weeks doesn't look too shabby
billyjoeLast edited by billyjoe; 10-03-2005, 09:12 PM.Comment
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Yep, good point ski. OK, here's the deal: I don't know if this will be a regular thing or not, but it's got the potential to be. It might become a weekly thing, or a monthly thing or never occur again if the wheels fall off and people get their feathers ruffled! LOL But if it's a regular thing, I'm hoping everyone on the TA team, and anyone else that joins in the meantime will have a turn at being team captain. It'll be good to get a mix of leadership and rules and strategy and risk-acceptance. The bottom line will be whoever is Captain for the week will get final say on all picks. If the Captain has a problem with a pick and calls for another pick, then that's what's gonna happen. No whining, complaining, putting dresses on and purses on our arms........none of that negative stuff. "It's all good" is the attitude to have. A conservative skipper might just be the most successful....a higher risk tolerant leader could get best success. Whatever happens, it'll be fun kidding with each other about poor decisions and silly mistakes and stuff like that, just like it's been fun with the banter between TA/FA.Originally posted by skiracer
So, after that rave, as far as shares per day and minimum dollar amount for me, I'm open to any plan. Throw the chart up, tell me what the risk is, what the target is, and we'll see. If the setup look so sweet and the r/r is acceptable, then I'll be green lighting that pick. But if it's just too risky considering the bigger picture, and the status of the team's position in the tourney, then the setup will be benched. And I can tell you right now that aggressively chasing a cheap stock's strength without having a good stop location will 99% of the time get a RED light from me. One has to think of the team and forget the gamble attitude. But having said that, say we start a 5-day event and on day 1 all 5 stop out for 4% each, that's 20% down, and I'll be green lighting a more risky play.Comment
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