Evolution - remove my name from the contest
As I never entered your contest ...nor did I make any "picks".
jimp & yourself are pathetic.
I've PM'd you allready on this; my posts were rather clear on my view of your contest and the fact that I did not wish to "play"...
I said that I trade - that I may like CAM, or SII long, or short and both within a 2 week period; which I did of late... I also said that "contest" are usually won - be it a tech, or oilpatch contest; by picking some obscure microcaps where 1/8th tic's represent huge % moves etc... such as OMNI TCMS MEXP et al.... ==================================================================To: CpsOmis who wrote (67081) From: SliderOnTheBlack Friday, May 26, 2000 3:19 PM ET Reply # of 68312
o/t Cosmo re: the contest picks... No offense meant; but a buy & hold contest is "static" - traders rely on volatility & being "non-static".
A pick is just that... I can love & hate the same stock within a 2 week period.
I short SII @ 88, but I am a buyer at 72 & under and may be able to have done both within a 2 week timeframe if it retraces much more here.
Also; as I mentioned earlier - in a pure % upside contest where one just picks a buy & hold company; the small caps are the way to "win" the contest. Same as in tech - you need to "pick" some obscure micro that will shoot up 1,300% etc - you cant pick INTC CSCO MSFT DELL and win a tech stock picking contest - same here.
To "win" the contest - one should pick the likes of small caps TCMS OMNI WG UFAB NR & maybe FGH MDR etc for service, or the small caps in E&Ps as well - like MEXP BEXP RRC WZR BNO etc...
Personally I think the small caps have huge upside; but they also obviously have a greater degree of risk of being dead money if they don't execute and some of those plays have solvency issues as well. I prefer to hold small, micro caps in a "Basket" approach and keep them generally in my smaller Long Term Non-Trading account.
But, to "win" a contest - those are the types of picks that win contests... not necessarially what I want to trade - but to "win" a contest - sure.
Obviously the contest here is fun , its done; but perhaps at a latter date; we should separate micro's from mid, or large caps. Maybe a good divider is 3 price catagories; sub $5 stocks, stocks from $5 to $15 and stocks $15 & over... or for example to have a contest to pick 3 stocks within the OSX index itself - now that would be a more relevant contest imho.
I'm focused on just 3 stocks that stand out to me here - FLC & PGO for service/drillers and for E&P's over $15 it would be BSNX. - unless something pops up like a trade on the rumor/news play in NR, or unless something sells off significantly; I'm just playing those 3 heavy & keeping the cash to trade in & out of the Nasdq stocks, or individual stories here.
Good Luck - hey; ole' MEXP may be the overall winner from the low $1 range by the way - $5 by Xmas after all (may get the Xmas part right, just the wrong year)...
GOT NR ?
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You guys represent the worst of Chihuahuadom...truly pathetic.
PS - I did notice some "selectivity" on using opening/closing/intra-day prices for "some" contestants entries with "pricing" thier picks however (VBG) - a little handicap for someone ?
Nothing like a level playing field now is there ?
PS - jim_P
I'm looking forward to your next plageristic picks from the VPI board... danwilson_yorkshire's made some positive comments on OXY & the underappreciation of their Altura acquisition - why dont you, or "Q" cut & paste something on that & lay claim to another "Great Pick"....ROFLMAO~
Outta here...gotta go clean the Chihuahua shit off my shoes...it's all over here... watch where you step ~ |