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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?


To: Taro who wrote (2696)2/18/2007 1:01:24 PM
From: tejek  Respond to of 20435
 
It's not just about picking right, it's also
a lot about the right picks for a specific and limited
period only


Exactly. One of my picks is ALY. Great company.......growing quickly......experiencing strong margin expansion. Really started to ramp after I picked it for the contest. That's why I was number 1 for a while. Suddenly, it announced a shelf registration to help pay for a new company it wanted to buy. It fell $5-6 in a few days. Investors punished the stock even though the increased shares will not cause that much dilution and the stock is still a buy at $22 let alone at its current price of $17. I got stopped out at $21 and then rebought at $17. Now just waiting for the Do Not Buy sign to be lifted so the stock can start to ramp again. Suspect that will happen when they announce earnings. In the meantime, I dropped from 1 to 26 in the contest although I really should be 2 or 3. <g>