Stock Picks - Post Your Favorites & Why

[MrDoctor]

nice pick up Dr. I'm getting into day trading...what news sources do you use daily?

Well, I might be able to tell you that if I were to get my speed rating bumped up .


All news is the same, it is how you interpret the news that maters .

 

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[1320Trader]

I already bumped it!

 

[TheBoyPlunger]

MrDoctor, what do you base your trading on? I mean -

1. How did you pick on AAPL?
2. Do you base, atleast a part of your trading, on news?

And more questions to follow

:thankyousign:

 

[Rawr]

For a guy who hates AAPL you are sure obsessed with it. Are you sure it isn't a secret love instead? :love2::smilielol:

 

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[MrDoctor]

For a guy who hates AAPL you are sure obsessed with it. Are you sure it isn't a secret love instead? :love2::smilielol:

I love the STOCK, but I HATE the COMPANY, I hate any beatnick Apple owner, and I hate Steve Jobs. For those of you who don't know him, he is an a**hole he is the GK of technology. The reason I love the stock? Apple makes money. How they make money is the reason why I don't support the company. Sure, everyone has a product markup, but not like Apple. The only company that comes close would be Ferrari. But, let's not get off topic.

 

[MrDoctor]

MrDoctor, what do you base your trading on? I mean -

1. How did you pick on AAPL?
2. Do you base, atleast a part of your trading, on news?

And more questions to follow

:thankyousign:

I base all of my trading on news. The market, a stock, or whatever else is affected by NEWS. News or speculation will either send a market, stock, etc up or down. We are still not sure about the fed cutting the rate yet again in September. Articles are released everyday pointing to yes and pointing to no...and it has been a rollercoaster ride, Dow up, Dow down.

Just as snowbank asked how Daytrading is related to poker...you have to know how your investors are going to react. Apple trading at a low $125.00 with the news of the new iPod on the way? This was a no-brainer investment. Have you seen how Apple reacts to RUMORS? I bought Apple at $89.00 when there was a RUMOR about the iPhone being release 1 month later than expected . Apple does not delay products, never :smxF:. And beside, what did it matter? I knew the phone was marked up 50% and it didn't matter when the thing released. The more technical investor would have stayed on the sidelines, but the MM's were all over this .

Oh, and yeah, we're still not sure about the new iPod releasing on the 5th . But, it is pretty much a dead giveaway. Ipod shipments decreasing, new ipods release in September, the event flyer is a hint at the new iPod interface..."the music goes on."

 

[MJ DeMarco]

This week I picked up NSIT, Insight ...( I know an INSIDERS ) The company is expanded internationally and is entering new markets with success. Their last earnings report was stellar. Time horizon is 6 mos - 1.5 years.

Also picked up SYNO which broke out out in its chart. This one is gambling money.

 

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[MrDoctor]

MrDoctor - You mention the following in another thread:



I'm an INSIDERS, so I'll refrain from comment...but I am curious why you say that?

Ebay is a GREAT company and their stock should be trading in the 40s at the least. Analysts control ebay's stock price, sadly. I've had much success with ebay stock-- I recently sold my shares when it was trading in the 36.00 range .

 

[bflbob]

Today it is my NFLD.

This has been flat for me for a long time, but is up 30% right now (40% at the peak) for the day.

Unfortunately, it needs to climb quite a bit before I can sell.

Update:

On 8/22, NFLD closed at $1.20.
On 8/23 this stock hit a high of $1.68.
Today (9/4) it is up to $3.08 -- nearly 83% for the day -- and over 156% in 8 trading days!:icon_super:

No news, so I assume someone has some INSIDERS info on it to buy in these volumes.

 

[Legacy Dad]

Here is some of this years champs:

I bought these using good old fashion fundamentals with a mix of some CANSLIM.

I got NM when it was BULKW and before it was listed on the NYSE, I noticed that a hedge fund was buying it and snatched it up .80 a share. Still holding them all.

DRYS - 314.22 %
DSX - 83.89 %
EGLE - 49.10 % + 8% Dividend Yield
NM (Warrants) 692.87 %

 

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[MrDoctor]

Just an update.

I am watching CFC because I would like to short it.

It may get another upward run and that is what I am waiting for.

There is no doubt that Countrywide is going to go BK.

Are there any options players on a CFC BK?

I still feel like a moron for not shorting it when BofA announced it was investing.

Again, do not take me word for it-- research for yourself. Invest with your own caution.

 

[kidgas]

Why are you choosing to short it vs purchasing puts?

 

[1320Trader]

Why does LVS make these huge swings? Its up 17 points in the last 2 days.

 

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[Rawr]

I sold yesterday at 108 and although I want to kick myself, I really can't - you take things when they happen and don't look back.

What I was betting on when I bought 3 weeks ago is that the new LVS casino opening in Asia will rally the stock. But I was expecting the jump right as it opened, not a week later.

Now the question is - are we going up (which is what I would presume). I am waiting for a downswing in the 101-104 territory before buying again.


EDIT - Also this:

http://biz.yahoo.com/ap/070912/las_vegas_sands_mover.html?.v=1

NEW YORK (AP) -- Shares of casino operator Las Vegas Sands Corp. reached a new 52-week high Wednesday after a JPMorgan Securities analyst raised his price target, citing improved long-term value since the opening of the Venetian Macao Hotel Resort.
JPMorgan's Harry Curtis lifted his price target on Las Vegas Sands by $15 to $120 and maintained an "Overweight" rating.

 

[MrDoctor]

Why are you choosing to short it vs purchasing puts?

Less of a gamble.

 

[MJ DeMarco]

Who is involved in LVS??

So this is why the markets are so fun ... in looking at LVS's charts, two conclusions can be made:

1) Breakout (Take long position, buy stocks, buy calls)
or
2) Overbought (Take short position, sell stocks, buy puts)

Which position do you take?

Personally, I think the stock is overbought and represents a perfect opportunity to double your money on a short term put position. Long term, however, I'd be a buyer.

 

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[Rawr]

Who is involved in LVS??

Which position do you take?

I was expecting a rally, but not to these levels this quick. At this point, I simply do not want to buy at 120+

Are you doing the puts dance?

 

[piranha526]

Who is involved in LVS??

So this is why the markets are so fun ... in looking at LVS's charts, two conclusions can be made:

1) Breakout (Take long position, buy stocks, buy calls)
or
2) Overbought (Take short position, sell stocks, buy puts)

Which position do you take?

Personally, I think the stock is overbought and represents a perfect opportunity to double your money on a short term put position. Long term, however, I'd be a buyer.

The stock is overbought short term (extended above Bollinger Bands) but the weekly trend is higher. I don't currently own LVS (and I don't plan to take a position in any direction) but it was one of my biggest gainers in 2006.

The last time is extened above the BB, it reached a high of $110 before dropping to the 200-d m.a. with alow of $87.06 (20% drop). A similiar drop will bring the stock down near $100.

This was a successful cup with handle breakout.
FYI: the 50-d m.a. is back above the 200-d m.a. (first since May)

 

[MrDoctor]

LVS is over bought.

I'll buy it next year...

 

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[Rawr]

It might be overbought but it sure is teaching me to hold back my anger and accept that hindsight is 20/20... breaking 130 today and reminding me that fools buy high..I am trying really hard not to be one right now


:smx8:

 

[MJ DeMarco]

Give it some time -- it will pull back to high 110's or low 120's. Stocks don't go straight up -- this one has.

 

[NerdSmasher]

I'm looking into some October puts on LVS, as well as WYNN. They've both gone up too much, and I don't think it'll hold up there for too long. I'm also interested in CROX, as it should be about to explode in one direction or the other... I'm thinking down, but only time will tell.

Currently holding 6 Sep. 37.5 calls on EBAY and 6 Sep. puts on CROX

Ebay is looking pretty decent, thanks to the lowered interest rate today. And, as I said, I think Crocs should be going down here shortly.

 

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[piranha526]

I'm looking into some October puts on LVS, as well as WYNN. They've both gone up too much, and I don't think it'll hold up there for too long. I'm also interested in CROX, as it should be about to explode in one direction or the other... I'm thinking down, but only time will tell.

Currently holding 6 Sep. 37.5 calls on EBAY and 6 Sep. puts on CROX

Ebay is looking pretty decent, thanks to the lowered interest rate today. And, as I said, I think Crocs should be going down here shortly.

LVS and CROX do look like ideal shorts (or puts - however, premiums are high for both). Neither stock is joining the current party and that shows weakness.

 

[MrDoctor]

In a market like this, any person investing has some serious BALLS (or knowledge .)


Today was a fun day.

LVS building in Singapore-- nice. We all know what is going to happen to the stock during the 3rd quarter report now...

 

[MJ DeMarco]

LVS and CROX do look like ideal shorts (or puts - however, premiums are high for both). Neither stock is joining the current party and that shows weakness.

Yea thats why I didn't buy any puts on LVS; the premium is ridiculous.

 

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[MJ DeMarco]

This week I picked up NSIT, Insight ...( I know an INSIDERS ) The company is expanded internationally and is entering new markets with success. Their last earnings report was stellar. Time horizon is 6 mos - 1.5 years.

Also picked up SYNO which broke out out in its chart. This one is gambling money.

Up 12% and 30% since I recommended them a few weeks ago.

 

[TheBoyPlunger]

These look like good trend buys - LWAY, WHQ and SLB. Middle of the week to end of the week.

LWAY - 16.5
WHQ - 70
SLB - 100

 

[MJ DeMarco]

Can I officially say "Whew!!!" that I didn't play the put game on LVS? A collar would have been a better choice as that sucker was up another 9 pts today.

 

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[piranha526]

Can I officially say "Whew!!!" that I didn't play the put game on LVS? A collar would have been a better choice as that sucker was up another 9 pts today.

MJ,
As I said, The stock is overbought short term (extended above Bollinger Bands) but the weekly trend is higher. We can't fight the trend. I have laughed so many times after shorts got crushed on BIDU. They shorted at $200, $220, $230, $250. And I am sure they are doing it again now at $300. That sucker is super extended and I am completely sold out but I wouldn't short it.

Some stocks are staring to form blow-off tops such as PTR.

Just wait for the signal. You don't need 100% of the move, just 60%-80% after a confirmation of a trend change!

 

[kidgas]

I picked up some VCLK today. Seems like something may be up. Of course, I bought some protective puts as well, but will follow over the next few weeks and see what happens.