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Vet67to82 (< 20)

Nasdaq's Q-50 Index

Recs

403

March 21, 2010 – Comments (18) | RELATED TICKERS: MU , RMBS , SIRI

Q-50 Index ??

Yep, visit https://indexes.nasdaqomx.com

Nasdaq's 100 Index (IXF) has a "backup" list. Who knew? The Q-50 Index (NXTQ) is a quarterly revised list of candidates to replace Nasdaq 100 (IXF) Index listed companies that have to be removed from the IXF for any reason, takeovers, bankruptcy, etc ...

As of 12:39 PM ET 3/16/10 Nasdaq announced the candidates that will be added to the Q-50 as of Monday 3/22/2010 and the companies dropped from the Q-50.

The following, and Micron Tech (MU) is my favorite in the list, are being added to the Q-50 Index: Amylin Pharmaceuticals, Inc. (Nasdaq:AMLN), Gentex Corporation (Nasdaq:GNTX), Lincare Holdings Inc. (Nasdaq:LNCR), Micron Technology, Inc. (Nasdaq:MU), Rambus, Inc. (Nasdaq:RMBS), Sirius XM Radio Holdings Inc. (Nasdaq:SIRI), Vistaprint N.V. (Nasdaq:VPRT), and Windstream Corporation (Nasdaq:WIN).

To make way for the additions, the following are being dropped from the Q-50: CTC Media, Inc. (Nasdaq:CTCM), Endo Pharmaceutical Holdings, Inc. (Nasdaq:ENDP), LM Ericsson Telephone Company (Nasdaq:ERIC), Allscripts-Misys Healthcare Soultions, Inc. (Nasdaq:MDRX), Myriad Genetics, Inc. (Nasdaq:MYGN), Patterson-UTI Energy, Inc. (Nasdaq:PTEN), Strayer Education, Inc. (Nasdaq:STRA), and Techne Corporation (Nasdaq:TECH).

This is important, " need to know investor info ", as institutional investors that are modelling INDEX portfolios, funds, and ETF's after the IXF, may also, or will also, select from the Q-50 driving up prices of stocks being added to the list and knocking down prices of the companies being dropped.

Bonus time: Check out why MU is my favorite with the following:

(2) .... also: " New Crucial Energy-Efficient DDR3L 1.35v Server Memory Supports Latest Intel Platform " March 16, 2010 8:03 AM ET for the rest of the story:

http://news.moneycentral.msn.com/ticker/article.aspx?Feed=PZ&Date=20100316&ID=11250128&Symbol=MU

(3) Market Report -- Short Stories (MU) March 12, 2010 9:23 AM ET

" Micron ests and tgt raised to $13 at Broadpoint AmTech on robust DRAM demand.... " for the rest of the story:

http://news.moneycentral.msn.com/ticker/article.aspx?Feed=Bcom&Date=20100312&ID=11241711&Symbol=MU

***  Now I looked back at the Nasdaq reformulation released on 12/11/2009, effective 12/21/2009 to see how the stocks added and dropped fared over the last 3 months.  Shining stars on the added list: AKAM (+ 26.42%), HANS (+21.44%), and LBTYA (+31.64%) ... yep ... I had to double, and triple check the math.  AND, while the "dropped" list went down, PALM (-66.27%), VSEA (-13.68%), there were some clear upside winners: SNDK (+40.71%), and MYL (+21.65%) 

Not bad huh? !!        I, for one, will be paying attention to this from NOW on.    

18 Comments – Post Your Own

#1) On March 22, 2010 at 2:06 PM, Vet67to82 (< 20) wrote:

So, based on "Buy on Market Open " orders - how are the additions to the Nasdaq Q-50 doing today?

Symbol Price $ Chg % Chg Volume Bid Ask
lncr 42.95 +0.20 +0.47 658,916 42.93 42.94
gntx 20.76 +0.51 +2.52 416,818 20.76 20.77
vprt 61.20 +1.20 +2.00 186,101 61.20 61.24
win 11.26 +0.28 +2.55 3,339,683 11.25 11.26
rmbs 22.61 +0.34 +1.53 776,430 22.60 22.61
amln 23.042 +0.552 +2.45 2,566,969 23.04 23.05
mu 10.2501 +0.30 +3.02 10,758,365 10.25 10.26
siri 0.8645 +0.037 +4.50 185,152,698 0.8645 0.8646

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#2) On March 22, 2010 at 4:34 PM, Vet67to82 (< 20) wrote:

3/22/2010 4:18 PM ET

This is how the additions to the Nasdaq Q-50 did today ...:

Symbol Price $ Chg % Chg Volume Bid Ask Alerts
lncr 42.91 +0.16 +0.37 1,195,398 41.41 43.81  
gntx 20.76 +0.51 +2.52 705,218 20.60 20.99  
vprt 61.61 +1.61 +2.68 370,003 61.38 61.63  
win 11.24 +0.26 +2.37 4,868,136 11.25 11.29  
rmbs 22.52 +0.25 +1.12 1,250,127 22.52 22.53  
amln 22.94 +0.45 +2.00 3,454,383 22.75 22.90  
mu 10.33 +0.38 +3.82 19,234,800 10.27 10.33  
siri 0.8602 +0.033 +3.98 237,200,983 0.8606 0.8625
 

Micron Tech (MU), my favorite, as I pointed out above ... (and of the MFool "pickable" universe) did the best percentage gain +3.82% ... while SIRI ... which you can't pick rose 3.98%.

Yay! 

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#3) On March 23, 2010 at 12:50 PM, Vet67to82 (< 20) wrote:

Q-50 "Dropped 3/22/2010" ....

Symbol Price $ Chg % Chg Volume Bid Ask 


ctcm 16.29 +0.30 +1.88 77,754 16.28 16.30  
endp 24.75 +0.31 +1.27 614,492 24.75 24.76  
eric 10.67 0.00 0.00 3,592,586 10.66 10.67  
mdrx 20.3699 -0.05 -0.25 302,705 20.35 20.37  
mygn 25.26 +0.33 +1.32 644,167 25.27 25.29  
pten 13.83 -0.15 -1.07 2,683,598 13.83 13.84  
stra 243.88 -2.27 -0.92 39,267 243.80 243.90  
tech 66.52 +0.31 +0.47 30,304 66.49 66.55


Q=50 "Added 3/22/2010" ....

Symbol Price $ Chg % Chg Volume Bid Ask 


lncr 42.945 +0.035 +0.08 282,492 42.94 42.95  
gntx 20.71 -0.05 -0.24 222,714 20.70 20.71  
vprt 61.77 +0.16 +0.26 58,441 61.76 61.80  
win 11.29 +0.05 +0.44 1,635,758 11.28 11.29  
rmbs 22.74 +0.22 +0.98 586,237 22.73 22.74  
amln 23.14 +0.20 +0.87 1,247,058 23.15 23.16  
mu 10.43 +0.10 +0.97 13,590,072 10.42 10.43   *** (1) (2)
siri 0.8553 -0.005 -0.57 78,769,482 0.8552 0.8553

 

*** (1) Standard & Poor's Ratings Services raised its outlook for Micron Technology Inc. (MU)
(2) Micron Technology is currently above its 50-day moving average of $9.48 and above its 200-day moving average of $7.84. Look for these moving averages to climb to confirm the company's upward
(3) In approximately 2 weeks, Micron Technology has returned 7.6% as of today's recent price of $10.51.

 

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#4) On March 31, 2010 at 12:21 AM, Vet67to82 (< 20) wrote:

Q-50 Additions  Closing prices 3/30/2010

Symbol Price $ Chg % Chg Volume Bid Ask
lncr 45.08 +0.64 +1.44 1,174,417 44.38 45.47
gntx 19.69 -0.33 -1.65 1,106,735 19.64 20.05
vprt 57.22 +0.06 +0.10 969,022 57.25 57.25
win 10.92 -0.05 -0.46 3,926,756 10.87 10.95
rmbs 22.12 -0.217 -0.97 1,325,582 21.80 22.18
amln 22.95 +0.28 +1.24 2,438,703 22.50 22.95
mu 10.79 +0.16 +1.51 37,293,372 10.80 10.82
siri 0.8393 -0.003 -0.33 181,617,783 0.8401 0.841

and

Q-50 Dropouts

Symbol Price $ Chg % Chg Volume Bid Ask
ctcm 16.90 +0.21 +1.26 504,531 16.49 17.10
endp 23.69 -0.04 -0.17 901,716 23.36 24.03
eric 10.23 -0.12 -1.16 4,909,791 10.24 10.46
mdrx 19.87 +0.05 +0.25 618,089 19.65 19.94
mygn 23.70 -1.20 -4.82 5,178,463 23.43 23.70
pten 13.98 +0.09 +0.65 8,223,067 13.83 14.13
stra 244.22 +0.84 +0.35 118,477 231.59 292.27
tech 64.89 -0.43 -0.66 96,548 63.36 71.22 Report this comment
#5) On March 31, 2010 at 1:22 PM, Vet67to82 (< 20) wrote:

Q-50 Added  (as of 3/31/2010 1:15 PM ET)

Symbol Price $ Chg % Chg Volume Bid Ask Alerts
lncr 45.14 +0.06 +0.13 223,712 45.13 45.16  
gntx 19.70 +0.01 +0.05 442,349 19.69 19.70  
vprt 58.25 +1.03 +1.80 181,643 58.25 58.26  
win 11.0125 +0.093 +0.85 1,421,655 11.01 11.02  
rmbs 21.96 -0.16 -0.72 309,363 21.96 21.97  
amln 22.6675 -0.283 -1.23 1,031,115 22.66 22.67  
mu 10.635 -0.155 -1.44 15,765,009 10.63 10.64  
siri 0.848 +0.009 +1.04 100,359,868 0.8479 0.848

Q-50 Dropouts (as of 3/31/2010 1:15 PM ET)

Symbol Price $ Chg % Chg Volume Bid Ask Alerts
ctcm 17.0125 +0.113 +0.67 49,515 17.01 17.02  
endp 23.805 +0.115 +0.49 475,115 23.80 23.81  
eric 10.53 +0.30 +2.93 3,375,812 10.53 10.54  
mdrx 19.65 -0.22 -1.11 1,105,947 19.64 19.65  
mygn 24.13 +0.43 +1.81 655,520 24.14 24.15  
pten 14.20 +0.22 +1.57 1,725,567 14.19 14.20  
stra 244.79 +0.57 +0.23 40,963 244.06 244.77  
tech 64.201 -0.689 -1.06 67,753 64.23 64.24

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#6) On April 02, 2010 at 1:02 AM, Vet67to82 (< 20) wrote:

Q50 since       3/16/2010             Close 3/31/2010   Gn(Loss)%      
 
AMLN Add    22.88  23.09 0.918      Winner
GNTX Add    20.5  19.82 (3.317)
LNCR Add    42.75  45.45 6.316      Winner
MU Add    10.21  10.17 (0.392)
RMBS Add    22.45  21.95 (2.227)
SIRI Add      0.9                     0.8401   (6.656)
VPRT Add    59.94  57.14 (4.671)
WIN Add    11.07  10.94 (1.174)

CTCM Drop   16.27  17.33 6.515       Winner
ENDP Drop   24.03  23.6 (1.789)
ERIC Drop   11.3  10.65 (5.752)
MDRX Drop   19.88  19.21 (3.370)
MYGN Drop   25.49  24.01 (5.806)
PTEN Drop   14.86  14.11 (5.047)
STRA Drop  246.56  241.69 (1.975)
TECH Drop   65.87  63.62 (3.416)

S&P 500             1159.46                        1169.43         0.860 

  With the exception of CTCM ... versus the market (SPX), being dropped from the Q-50 Index was clearly detrimental to the stocks dropped.  But, it's only a couple of weeks ...  I'll be updating over the next 3 months to see how

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#7) On April 02, 2010 at 6:08 PM, Vet67to82 (< 20) wrote:

I ran the fundamentals, looking for AlphaDog Stocks ... stocks that have an ABOVE AVERAGE Risk/Reward Ratio, and that'll return a percentage that I expect will beat the S&P 500's return.  

MU came out "near" to the top of the list:

Closing price 3/31/2010....: $10.37 

1 year target....:      $14.18 

Potential Reward:  36.74%

Foward P/E ...:  7.32

PEgrowth (PEg)  ratio ...: 0.87 

Price/Book Value ....: 1.70

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#8) On April 04, 2010 at 10:45 PM, Vet67to82 (< 20) wrote:

Amylin Pharmaceuticals Inc (AMLN) 

$23.09 +0.60 +2.67
$22.99  -0.10/-0.43% Vol. 14,533


Sector: Healthcare
Industry: Biotechnology

Closing price 3/31/2010....: $22.49

1 year target....:      $ 22.92

Potential Reward:  1.912%

Foward P/E ...:  NA

PEgrowth (PEg)  ratio ...:  NA

Price/Book Value ....: 7.54

Dividends ...:  NA
 

 

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#9) On April 04, 2010 at 10:48 PM, Vet67to82 (< 20) wrote:

Sirius XM Radio Inc (SIRI)                

 $0.84  -0.03 -3.49%
After Hours:  $0.85 +0.00/+0.58% Vol. 167,830

Sector: Services
Industry: Broadcasting - Radio

Closing price 3/31/2010....: $ 0.87

1 year target....:      $ 1.13

Potential Reward:  29.885%

Foward P/E ...:  42.00

PEgrowth (PEg)  ratio ...:  NA

Price/Book Value ....: 87.05

Dividends ...:  NA

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#10) On April 04, 2010 at 10:56 PM, Vet67to82 (< 20) wrote:

Gentex Corp. (GNTX)
$19.82 +0.40 +2.06%
After Hours: $19.82 unch/unch Vol. 19,599

Sector: Consumer Goods
Industry: Auto Parts

Closing price 3/31/2010....: $19.42

1 year target....:      $23.00

Potential Reward:  18.435%

Foward P/E ...:  19.43

PEgrowth (PEg)  ratio ...:  1.18

Price/Book Value ....: 3.65

Dividends ...:  0.44 (2.20% Yield)

 

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#11) On April 04, 2010 at 11:33 PM, Vet67to82 (< 20) wrote:

Lincare Holdings Inc. (LNCR)
$45.45 +0.57 +1.27%
After Hours: $45.45 unch/unch Vol. 24,605
Sector: Healthcare
Industry: Home Health Care

Closing price 3/31/2010....: $44.63

1 year target....:      $ 43.60

Potential Reward:  -2.308% 

Foward P/E ...:  15.51

PEgrowth (PEg)  ratio ...:  1.21

Price/Book Value ....: 3.25

Dividends ...:  NA

 

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#12) On April 04, 2010 at 11:40 PM, Vet67to82 (< 20) wrote:

Rambus Inc. (RMBS)
$21.95 +0.10 +0.46%    
After Hours: $21.86 -0.09/-0.41% Vol. 22,022


Sector: Technology
Industry: Semiconductor- Memory Chips

Closing price 3/31/2010....: $21.85

1 year target....:      $40 

Potential Reward:  83.066%

Foward P/E ...:  156.8

PEgrowth (PEg)  ratio ...: NA

Price/Book Value ....: 9.07

Dividends ...: NA

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#13) On April 05, 2010 at 12:52 AM, Vet67to82 (< 20) wrote:

Vistaprint N.V. (VPRT)
$57.14 -0.23 -0.39%fyi  
After Hours: $57.34 +0.20/+0.35% Vol. 1,546


Sector: Services
Industry: Business Services

Closing price 3/31/2010....: $57.37

1 year target....:      $ 66.88

Potential Reward:  16.577%

Foward P/E ...:  23.04

PEgrowth (PEg)  ratio ...: 1.26

Price/Book Value ....: 7.18

Dividends ...: NA

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#14) On April 05, 2010 at 1:02 AM, Vet67to82 (< 20) wrote:

Windstream Corp (WIN)
$10.94 +0.05 +0.46%
After Hours: $10.99 +0.05/+0.46% Vol. 71,089

Sector: Technology
Industry: Telecom Services - Domestic

Closing price 3/31/2010....: $10.89

1 year target....:      $11.62 

Potential Reward:  6.703%

Foward P/E ...: 12.43

PEgrowth (PEg)  ratio ...: NA

Price/Book Value ....: 18.24

Dividends ...: $1.00 ( 9.10% Yield )

 

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#15) On April 07, 2010 at 3:09 PM, Vet67to82 (< 20) wrote:

Well ... I set up two portfolios based on the stocks "Added" to the Q-50 and the stocks "Dropped" from the Q-50 with market on open orders as of 3/22/2010.  This is how the stocks have performed:

Q-50 Added portfolio 3/23/2010 to Today 4/7/2010
Symbol Qty Price Market Value Entry Date Entry Price Entry Comm. Cost Long/Short Today's Change Gain/Loss (%)
 lncr 100 $46.37 $4,637.00 03/22/2010 $42.47 $7.00 $-4,254.00 Long $24.00 383 (9%) 
 gntx 100 $19.94 $1,994.00 03/22/2010 $20.09 $7.00 $-2,016.00 Long $-7.00 -22 (-1.1%) 
 vprt 50 $58.58 $2,929.00 03/22/2010 $59.71 $7.00 $-2,992.50 Long $-4.50 -63.5 (-2.1%) 
 win 100 $11.03 $1,103.00 03/22/2010 $10.98 $7.00 $-1,105.00 Long $-1.00 -2 (-0.2%) 
 rmbs 100 $21.7799 $2,177.99 03/22/2010 $22.11 $7.00 $-2,218.00 Long $19.99 -40.01 (-1.8%) 
 amln 100 $23.52 $2,352.00 03/22/2010 $22.25 $7.00 $-2,232.00 Long $69.00 120 (5.4%) 
 mu 200 $10.615 $2,123.00 03/12/2010 $10.06 $7.00 $-2,019.00 Long $77.00 104 (5.2%) 
 siri 1000 $0.9459 $945.90 03/22/2010 $0.82 $7.00 $-827.00 Long $76.10 118.9 (14.4%) 
 .... AND ...:

Q-50 Dropouts portfolio 3/23/2010 to Today 4/7/2010
 Symbol Qty Price Market Value Entry Date Entry Price Entry Comm. Cost Long/Short Today's Change Gain/Loss (%)
 ctcm 100 $17.02 $1,702.00 03/22/2010 $15.49 $7.00 $-1,556.00 Long $-45.00 146 (9.4%)  
 endp 100 $23.29 $2,329.00 03/22/2010 $24.20 $7.00 $-2,427.00 Long $-35.00 -98 (-4%) 
 eric 100 $10.41 $1,041.00 03/22/2010 $10.60 $7.00 $-1,067.00 Long $-13.00 -26 (-2.4%)
 mdrx 100 $19.98 $1,998.00 03/22/2010 $20.18 $7.00 $-2,025.00 Long $24.00 -27 (-1.3%) 
 mygn 100 $23.31 $2,331.00 03/22/2010 $24.85 $7.00 $-2,492.00 Long $-13.00 -161 (-6.5%) 
 pten 100 $14.3375 $1,433.75 03/22/2010 $13.77 $7.00 $-1,384.00 Long $-22.25 49.75 (3.6%) 
 stra 100 $243.26 $24,326.00 03/22/2010 $244.32 $7.00 $-24,439.00 Long $-212.00 -113 (-0.5%) 
 tech 100 $63.01 $6,301.00 03/22/2010 $65.25 $7.00 $-6,532.00 Long $-19.00 -231 (-3.5%) 

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#16) On May 10, 2010 at 1:38 PM, Bad2dBone99 (< 20) wrote:

+1 rec

mi post in Topic: Good Friday - Day to Reflect (37 days ago) Vet67to82 has created a new Group " The Q-50 Backup ". He's been posting fundamental analyses that he's run on many companies ... with price targets, price/book value, etc. and he has promised more ... check it out. I think it's a must read in addition to FAZ or FAS?

... and like Vet says ... You don't have to join the group to read the posts ... but all who want to join are welcome. Report this comment
#17) On May 12, 2010 at 12:45 AM, MGDG (38.16) wrote:

I believe Vet left this site.

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#18) On December 03, 2010 at 1:52 PM, RonChapmanJr (98.37) wrote:

#1 post of all time?  MF should stop the silliness...

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