Going Long Update

I'm a few weeks late on the long port update but here we go; re-balancing this weekend. I am going to use the closing prices on Friday, 6/29/07.

Quick recap on the huge winners so far:

CF up 107%, annualized gain is 256%
TRA up 84%, annualized gain is 202%
NAVZ up 60%, annualized gain is 144%

We started with $100,000 on 1/29/07 and the port is worth $113,690. That's 13% in 5 months, so the port is up 32.8% annualized. AVCI killed us. If that one had just been breakeven the port would be up about 41% annualized. But this is a buy and forget it paper portfolio so no worries. If I were playing this strategy for real (which is in the works), a 20% stop would be what I would do.

Cutting these: NTY RYI RKT AVCI DYN FRG SBGI TTEC
Adding these: KMGB BPHX GTLS LPHI ICOC GTI IMMR
I stuck to the original filter (search "Going Long" for the other posts about this port) and then saw bunches of Episodic Pivot breakout stocks on the list. Thank you Pradeep, new port heavily weighted to these babies.

Anyone else playing this kind of port? I think we should be adding to the CF and TRAs as we cut the losers. We haven't done this with this port trying to keep the returns simple to see. But I think we should.

STOCKS I'M LOOKING TO BUY

GTI ZOLT CREE INWK SFLY CLRK BCSI RCCC ELON SYNL KMGB CAVM TRCR ARUN LPHI GPOR MFRI FCSX NGA MIND

Because I daytrade from the same basic account amount week after week,whatever I have left at the end of 6 weeks after living expenses I roll into an IRA type account for the long haul.
This week I will buy a few of these to add to that account.

They are at or near their 52 week highs,they have not violated the 20SMA in awhile and many have hopefully just started a fresh run after having a b/o that included volume and news/earnings.

MOMOS LIST FOR 6/18

SWHC NUVO DRA EPCT RTK CSUH NWTMF SDTH QTWW JAGH ASTI SUF IFON LTS BVTI ASTIW COOL EBOF TMTA SNRN SEXHF CVO PNK PCS ISLE LSCC ASCA AWNE SFLY ASGN KNDL CALM LXU OMR KMGB OPSW ICON BQI DVR ALNY

BEAT DOWN LIST FOR 6/18

ENCY DRL AOI XLGI BPG URST TNRO ONSM OISI CAUI BBA CRYO APIO CPST SGAMY PLKT BBW POWI EFSF HDTV

DAY RANGERS WATCH WEEK OF 6/18

ENCY ONT WWAT NFI DRL NRMX GNBT CSUH NWTMF CRTX AWNE SDTH HSOA ONSM DCNAQ END JAGH GSX HDY SCEY RVNG NTRZ TELK CHYS BVTI GNVC ASTIW MCZ GNLB AGEN MDII JDO IDMI QNTA SDRG KALG MATH TEXG INNO YTBL

RVNG - A GREAT EXAMPLE OF A FORMER 0 VOLUME STOCK

I keep using the same few methods over and over and they continue work year after year.
I've been posting about recent 0 volume stocks for 4 years now and how once they get attention from the street they have the possibility to be fliers.

RVNG a 0 volume on 5/23 has had an incredible 7 day run since 5/31 after HITTING 1.8 MILLION SHARES FROM THE PREVIOUS DAYS 10K VOLUME.
That is a huge leap in vol but amazingly on Friday it had its highest volume day yet,6.5 million!

In that 7 day period the price has gone from .78 to 1.54

If you look to the right on the blog under "important posts" you'll see "Former Zero Volume Stocks".
It's been up there from the start of the blog,this angle can be a huge edge and you won't find it on many blogs but for myself it's one of my favorite methods of all time.

ONXX Onyx Data Deliver the Goods

Now really Loki, Mr. Biotech/Pharma dude...this is your kind of posty thing not mine. We have chatted about the ASCO meeting held this past weekend since I am now kinda/sorta working on the periphery of this industry and you follow biotechs.

But I'll post since you are not on the job tonight after single-handedly calling alerts in the chat today! Many thanks for that.


Couple of links about the conference here:

The Top Stocks From Biotech Confab ASCO

Onyx Data Deliver the Goods (Man, wish I had held that swing position from last month.)

Anyways, some interesting stuff there if you follow bio/pharma stocks.

AH+Earnings=OoooooBaby

Pradeep, in his blog Stockbee, has said a lot about earnings related spike in the stock prices. I would like to add my observation to the concept. I understand for some of you it might not be something new,to them I'll plead that I'm just a "newbie" so kindly bear with me.

It's basically for those who keep a close eye on Pre n AH, I found it useful to make a list of stocks that appeared on Pre and Ah because of their positive earnings. Not only, such stocks, run well that day there are strong chances that they might start running again within a period of few days/ weeks. Some may gap up tht day, go down the next and start moving up again.
Forexample
CPWR appeared on Ah -MAy/15/07


HSOA -Ah on May/9/07



There were many includin AIRM,FWLT,NDN(yest)andVDSI (today) to name a few. It may not always happen this way but FDA approval for Pharma/Bio, earnings along with pre /ah can be the rule of thumb.

LATE NIGHT R.E.M.

The Power of "Wwweeeeeeeeeee"

Trade to trade well", I read that somewhere and thought to myself ...."HUH?! What the crap!" What happened to the trade to earn well"? But it didn't take me long to understand that "trading well" itself entails a sense of acheivement. A few days at Muddy's chat and you are a part of that exciting, terrifying yet fulfilling experience which can only be expressed as, in Muddy's words, "Wweeeeeeeeeeeeeeeee".Believe me there's no other way to express it .
"Wweeeeeeee" is the sound of a rising stock which transforms into the sound of success if you have been able to pick it on time.Please don't under estimate the "weeeeee" powers;it is an overwhelming sensation. Once under the spell u can be high for days;smiling to yourself and others to an extent that people think you are crazy or hitting on them :)
I am grateful to Laura and Muddy because of their encouragement and help I've been able to witness/taste a few "weeeeees" like yesterday:
CSUN Loki has already mentioned that
DUSA opened at 3.69 and kept soaring till it hit 4.76...(."jiggy" in Muddy's lingo)


Dusa is a "pharma stock" and the reason for its big show was FDA's designation to its drug. This one trait common to all pharma stocks, FDA has the power to make or break them e.g DNDN. So before indulging in any "pharma stock" please check the news/rumors.

***MY TRADES 5/17 5/18

DAWG Trades Friday 5/18

DRL in 1.02 out 1.03
VSCN in 15.66 out 16.35
THK in 2.60 out 2.84
ENOC in 31.13 out 31.81
TECUA in 15.70 out 17.15
DSTI in 4.03 out 4.53
OMR in 7 still holding at close price 8.32, expecting gapup on open

Again, thanks to Loki, for early news alert on OMR shipwreck find.

Thursday 5/17

DUSA in 3.87 out 4.50
TUBR in 2.28 out 2.41
AVNR in 2.81 out 3.19
TTGT in 15.20 out 15.17
TECUA in 14.05 out 15.72
CSUN in 13.04 out 16.48

Thanks go out to "MR. IPO", Loki for CSUN.

CSUN

"I love the smell of a good IPO in the morning." Every once in a while one will come along and fly from the get go. Today we had CSUN which started trading. Stock opened at $12.00, did a quick dip to $11.77 and took off from there as you can see in the chart. Stock closed at $16.59 near the HOD of $16.70 on heavy volume. This is why I monitor the IPO scene. Sweet!!!!

Chat Room, Please Read

We have made some changes to the chat room code (no ads!). If you are having problems logging in, clear your browser cache and try again. Starting around June 1st, if you haven't already done so, you will need to register a user name with Parachat to access the chat room. It doesn't cost anything to register.

Muddy's Filters

I mentioned a few stocks on the MOMO list in the chat on Friday. From this list I put up DCNAQ alerted at 1.35 and MBKR at .75. Nikki first alerted VII early at about $10. Some nice gains from this scan.

Someone said that it would be useful if we put these on the blog. The filter is really simple and is already here on the blog under the Important Posts link on the sidebar, FILTERS I USE. It is the first filter mentioned in that post.

FLOAT

There have been some huge runners in the past few weeks,many of them lesser known stocks with LOW FLOAT.
New readers here if you're interested in low floaters I urge you to check out... http://stockbee.blogspot.com/

Friday's post by Pradeep is as usual very informative:

Revisiting float

FRIDAY'S MOVERS ON MY WATCH 5/14

With decent volume and dayrange:

DNDN OPBL DCNAQ NFI BFTH ONT RTK NGA PUDC ANO IDSA TKO SIF AVII VII ICOPW COTE NFLD ABIX CYDS

BEAT DOWNS FOR 5/14

With good dayrange and decent volume:

DESC BRLC CNR MAMA OPX FFHL MOVI WYY POP HMB CFUL TVIN AVZA AWNE AENS TEXG BPG BSQR NNPP AGEN

DAY RANGERS WEEK OF 5/14

DNDN OPBL DCNAQ DPHIQ BFTH NRMX CPNLQ NGA PUDC IDSA SIF KDKN HMB VII MDII NNPP CFUL AVZA ICOPW AENS TEXG ARGA IDMI GLGC ROCM PRVT COTE MEMY BSQR CHYS NFLD BVSN UPBS EDGR CYDS MATH THK NNRF BTEM SWRI

DAY RANGERS WEEK OF 5/7

ONT CPNLQ NFI NRMX MGRM DPHIQ ISTA AVNR KDKN OPBL PUDC MDII AGIX RPTN NNPP NGA IDMI TEXG CHYS RBY SWRI ANO DRL EVCC CPTC SCRA MBKR DHBT USSU CHCG QBIK TJRUF CBRX HKFIQ IDSA FORG BDSI BPG NNRF CYRX

SUNDAY MORNING WAKEUP