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TMFHelical (98.74)

West Redux

Recs

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September 20, 2007 – Comments (0)

I blogged a few days back about my re-upping a selection on WST - West Pharmaceutical Services, a biotechnology supply company.  I found it a bit amusing that I was still the score leader on this company despite closing my initial selection in November of 06 (has CAPS really been around that long - wow time flies).

Well West has done OK for me in the short term and is at plus 3.  Great.  But my ego had me check to see when I would potentially lose my score leader status i.e. if the company continues to do well, who would pass me and how close are they.

Stunningly, the answer is nobody.  The only way I will give up score leader is if I am very wrong about the company (or if it dips below my recent add price).  West has 54 people currently rating it - 50 bulls and 4 bears.  Of the bulls - only my  recent pick is in the green.  That really surprised me.  So, unless it tanks (and the shorts win) or dips again so someone else gets a better price in the future, the only one who can pass my old score with a bullish call - is me.

If this happens - I'm lobbying for a special charm : )

Zz

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