Weekly Stock Challenge 12/22/2006 - Win Free Trading Book

[Thierry Martin]

Stock Picking Challenge

Pick the highest percentage mover and win a free hardcover copy of Conquer the Crash!

Pick any stock that trades in the US market that closed at $2.00 or over with at least 100,000 share volume as of the Friday close before the contest.

Your entry price will be the market open price on Monday morning.

Entries for following week's challenge opens at Friday's market close - 4:00 pm EST - and closes at 9:00 am EST Monday.

A brief rationale for your pick makes the contest more fun.

[computeraces]

LVLT - just because it's the first one that came to mind.

[bahroor]

DSTI please

[Albert0373]

Wrong title Thierry =] but no harm done.


I'll take LMRA again....may have bottomed out.

[TheChartGuru]

I'll take XNN

The Guru has spoken

[metalheadrr3]

ICE long.

[chriscoop]

ISLN


I checked everything this time.. lol.. too close last time.

[bwhited]

GDI because it jumps all over the place.
On a good week it will be awesom.
Also, I work for them.

[John Law]

I'll go with SOIGF, although I would never invest in this one with real money; it's way too mercurial for a poor boy like me.

[Tuxguy]

I call CWTR, its time!!!!

[krazykowboy]

I'll take ORCL.
Oracle is due to report its second-quarter earnings after the close of trading Monday. Heavy trading in ORCL calls on Friday,,,, look for a nice 10% pop after recent pullback from new highs.

[aiki14]

I'll take ORCL short
Mark Murphy, an analyst at First Albany, friday downgraded Oracle (ORCL) to Neutral from Buy, citing his expectation that the company will show slowing growth within 2-3 quarters. He notes that “five years’ worth of returns have been packed into one” with a 50% surge in ORCL shares this year. I see a 10% pullback on a soft earnings report.

[Thierry Martin]

Wrong title Thierry =] but no harm done.


Fixed!

[CHE]

Morgan Stanley, reports Tues. and believe there will be good news...

[TonyM]

STEC

[Svenwulf]

HL long, please.

could go either way for pm sector next week, but ag took the brunt of friday, imo. hl's cfo exercised options previous thurs, reported last tuesday. good risk/ reward, as always do your due.

[Jordan]

INWK

Going to 19

[spanky]

MAMA (Short) --- overbought and time to fall.

[mlegha1]

NSU long

[TheChartGuru]

I'll take FCEL

[marketflavor]

Long MICC

[krazykowboy]

I'll take ORCL short
I see a 10% pullback on a soft earnings report.

ORCL shares lost 1.4% to trade at $17.66 in after hours trading. The company said fiscal second-quarter earnings, excluding certain one-time items, were 22 cents a share, matching Wall Street's expectations. Net earnings rose 21% to $967 million, or 18 cents a share, on a 26% sales rise to $4.16 billion, slightly topping the average estimate of analysts surveyed by Thomson First Call.

My call was certainly off today, but earnings and performance look good at ORCL.

[spanky]

Did I say MAMA (short)? Ouch... that'll leave a mark.

[aiki14]

ORCL shares lost 1.4% to trade at $17.66 in after hours trading. The company said fiscal second-quarter earnings, excluding certain one-time items, were 22 cents a share, matching Wall Street's expectations. Net earnings rose 21% to $967 million, or 18 cents a share, on a 26% sales rise to $4.16 billion, slightly topping the average estimate of analysts surveyed by Thomson First Call.

My call was certainly off today, but earnings and performance look good at ORCL.

It's a good company. Unfortunately (for this contest) the previous quarters they outperformed to such a degree that I didn't believe they could do anything to please the market, and the year to year is also an impossible number to match, hence the pick to short them.

[Thierry Martin]

580

[Thierry Martin]

585

[aiki14]

We giving ole Frank 2 tries this week?

[TonyM]

We giving ole Frank 2 tries this week?

That's gotta suck when you get 2 entries and you're still losing, or do 2 negatives make a positive in this case? (Nothing personal Frank, it just struck me as funny:mrgreen:)

[krazykowboy]

It's a good company. Unfortunately (for this contest) the previous quarters they outperformed to such a degree that I didn't believe they could do anything to please the market, and the year to year is also an impossible number to match, hence the pick to short them.

I gotta hand it to ya Aiki, I played the wrong side of the trade this week on ORCL. I was out today at $17.15, but looking to pick up shares again if it hit's $16.50 for a long term hold.

[John Law]

Ha! After being down over 21%, I am mounting a furious comeback! :mrgreen:

[Thierry Martin]

neck-and-neck for 2nd place!

586

[Thierry Martin]

spanky took a spanking this week....

592

[spanky]

Go big or stay home. Glad I didn't put money on the table for this.

[Thierry Martin]

Congratulations to John Law for winning by a large margin this week.

593

[aiki14]

If we do one for next week gimme PTMK
Big hedge fund buying and buyout rumors

[John Law]

Congratulations to John Law for winning by a large margin this week.

593

Thanks, it was pure luck. Wish I'd actually put some money on this one, but I probably would've had a heart attack the first two days when it dropped over 20% and not been around to enjoy the rapid rally.

I have an idea for next week as, but I will wait to give first dibs to the guy who first mentioned it.

Merry Christmas and God bless everyone.

[spanky]

Thierry,

Call me a glutton for punishment, but I want to go MAMA (short) again. Maybe it lost steam after crushing me 30+% this week.