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AllStarPortfolio - Status of Caps picks not yet in WSS simulation portfolio

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July 24, 2009 – Comments (11) | RELATED TICKERS: DRYS , AMD , JJG

First, let me say, I’m busy. As a farmer, my summers are rather busy. And my computer was down for a week, again, and I was using a borrowed computer and my tools and bookmarks were not on it.

   Also, though we owe congratulations to the few bulls who predicted this market well, I feel that the recent surge was faster than most of us foresaw. I won’t bore you by citing the same blogs you’ve already read here on caps. These two small excuses are all I have.

   Secondly, I will try to repost this blog throughout the weekend and allow anyone who wants to change the plan below say so. I could easily wait till after Monday’s open and see which direction the market is going. Personally, though I don’t vote to make this a traders portfolio, I do encourage those with a knack for timing the market to close their pick if they are ready. Portefeuille posits we may be in for a copy of the 80’s tech collapse, and binve thinks we may approach 500, but then some of these stocks are already chosen with those themes in mind.

   A few of these stocks have a story, and a few fell through the cracks. I will attempt to resolve this issue promptly.

ABAT- 460 shares, market order Monday morning EOD.

ACN- 55 shares, market order Monday morning EOD. Some of these stocks I think will come down, but somehow I am getting the feeling that I was wrong about this one.

DRYS-313 shares, market order Monday EOD. I missed this one on a limit at 5.26 for 370 shares, because I forgot to hit GTC and my limit expired. It dropped again, and I missed it at a limit of 4.90 for 400 shares on July 7th, even though it reached 4.90. I am fairly miffed about that, because it is so high, and because I predict it will go to 4.25 soon. There, I said it. Time will tell.

FACT- 236 shares, market order Monday morning EOD. Long story already posted in this blog, kinda’ boring, hope you missed it.

FAZ – Doesn’t fit current portfolio guidelines.

FRMSF.PK - WallStreetSurvivor doesn’t allow Pink Sheets. This is a major drag, because I feel that these are two very good picks from a caps perspective.

FSUMF.PK PK - WallStreetSurvivor doesn’t allow Pink Sheets .

MVG- 380 shares, market order Monday morning EOD. I remember this one. I was not sure if MVG fit the limits of the MSN portfolio. The blog requirement says we should refrain from blogging about stocks with low volume. I think the requirement is 500,000 dollars a day. However, I now believe we are allowed to make it a part of the portfolio, but not highlight it in a blog, because of its low volume and possible pump and dump or front running schemes.

RFMD- 393 shares, market order Monday EOD. I liked this stock right away, and I just got busy, and then sorta’ forgot that it was there, while it was shooting for the sky.

  In retrospect, i could have been more attentive. As always, i am willing to share passwords with a few someones if that would help. 

As a side note, the WSS simulation allows two portfolios, for testing strategies against each other. I plan on setting deep limits on these stocks on the second portfolio. These limits will be built around resistance from SPY 800 and lower. I will attempt to use beta and RSI to infuence my decision, though i am no master at those things. If anyone is interested in this experiment let me know. I would be happy to let any picker set such limits on their pick in this alternate portfolio.

-solaris.

The stocks in my ticker today are the lowest picks, which might be contrarian indicators signaling a buy point. Particularly JJG which looks to me like a good buy at 36.50, and a better buy at anything below, which might happen next week.

11 Comments – Post Your Own

#1) On July 25, 2009 at 10:28 AM, portefeuille (99.56) wrote:

Portefeuille posits we may be in for a copy of the 80’s tech collapse, and binve thinks we may approach 500, but then some of these stocks are already chosen with those themes in mind.

wait a second. To quote Jarvis Cocker, "That's not quite what happened."

(1:45/5:00 in this video (one of the best!))

 

 

(the context)

 

 

 

The crash only entered the picture in response to a question by russiangambit (see comments #4,5 here).

I have been called "the ultimate bull" just yesterday (see comment #2 here) ...

 

another great one

 

 

 

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#2) On July 25, 2009 at 10:31 AM, portefeuille (99.56) wrote:

still, you are doing a great job, and yes, let's forget about FACT until they reach $100 (without reverse splits and "hyper-inflation"), hehe ...

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#3) On July 25, 2009 at 10:32 AM, portefeuille (99.56) wrote:

and -> or

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#4) On July 25, 2009 at 10:39 AM, portefeuille (99.56) wrote:

(more music here)

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#5) On July 25, 2009 at 1:17 PM, TMFJake (76.05) wrote:

Solaris, looks like the AllStarPortfolio is still in 2nd place on the MSN Top Stocks Leaderboard.  Congrats!

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#6) On August 04, 2009 at 6:18 PM, tomfoolme (< 20) wrote:

Solaris - As you state "FAZ – Doesn’t fit current portfolio guidelines."

Why is FAZ still in the portfolio here on Fool?  I saw blog post some time ago that it would be removed.

 

Tom

 

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#7) On August 04, 2009 at 6:26 PM, portefeuille (99.56) wrote:

Solaris, I don't want to get on your nerves, but now that FACT has done Alright lately you could sell 50% of the shares (i.e. 118 shares) with a limit of $10.50. It might have a chance of getting there tomorrow ...

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#8) On August 04, 2009 at 6:30 PM, portefeuille (99.56) wrote:

Facet Biotech Reports Second Quarter 2009 Financial Results

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#9) On August 05, 2009 at 12:48 PM, portefeuille (99.56) wrote:



enlarge

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#10) On August 06, 2009 at 11:53 AM, BravoBevo (99.97) wrote:

Good morning.

With FSUMF.PK and FRMSF.PK on the AllStarPortfolio's page in the CAPs game, may I select a .PK pick? 

One of my favorites right now is a .PK pick that I'd like to share.  I don't remember what the final community consensus on .PK stocks was, and I want to make sure that .PKs aren't off-limit.

Thanks. That is all. 

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#11) On August 09, 2009 at 1:17 AM, BravoBevo (99.97) wrote:

[ping]  If no one objects, then I will probably make a .PK selection to the AllStarPortfolio this coming week.   I think it must be okay, especially since there are already other .PK selections on board, namely FSUMF and FRMSF.  

If there is a problem with .PK picks, please someone let me know.  Okay, g'nite and have a great weekend. 

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