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Gold/Mining/Energy : Strictly: Drilling and oil-field services -- Ignore unavailable to you. Want to Upgrade?


To: CpsOmis who wrote (67079)5/25/2000 3:57:00 PM
From: Jane4IceCream  Respond to of 95453
 
OSX over 120...maybe end the day green??

Jane



To: CpsOmis who wrote (67079)5/25/2000 5:46:00 PM
From: upanddown  Read Replies (1) | Respond to of 95453
 
C'mon Cosmo....

Slider entering a stock-picking contest with a bunch of ankle-bitin', maxed-out-margin losers? The only infallible person on earth besides the Pope? That would be like Mark McGwire playing T-ball with a bunch of six-year-olds. What if he finished tied for 12th? No, no, no, that would not be good for his image. As his agent, I have been empowered to make the following offer..he will only enter if he can switch from long to short to cash at least every fifteen minutes. He promises to reveal his moves as quickly as possible and in all cases, no more than 48 hours after the fact.

John



To: CpsOmis who wrote (67079)5/26/2000 3:19:00 PM
From: SliderOnTheBlack  Read Replies (1) | Respond to of 95453
 
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 ?