My Stock Picking Thread

[Random]

Alright, rather than clutter up the forum with my picks/plays etc.. I'm going to make 1 thread and this will be it.

First off I want EVERYONE to know.. I don't suggest anyone to pick any of my choices without DD. I DON'T KNOW WHAT I'M TALKING ABOUT. ;)

With that said, this is merely for me to track my trades and to hear the opinions of others if they decide to give me their input and stop me from losing $$$.. ^^

My possible plays tomorrow are as follows;

PDLI
HUN
BABY

All of these stocks (to me) have exhibited a possible turnaround after an extremely large drop in price. They seem to have hit good support and the stocks seem to be oversold and I expect large gains in the next week or so..

If anyone has any input.. I would love to hear them.

Also, if anyone thinks I should not do this, I will not just post in the thread anymore or get Thierry to remove it as I know these types of thread can get annoying. But, my intent is not to provide advice for anyone, but to help improve my stock picking capabilities.

Thanks!! :beerglass::beerglass:

[none9999]

I DON'T KNOW WHAT I'M TALKING ABOUT. ;)


That's certainly a different tune from the other stock picking threads we have been getting lately!! :D

[Gordo]

That's certainly a different tune from the other stock picking threads we have been getting lately!! :D

I've come to the conclusion that 99% of Wall Street/CNBC/mutual fund managers/banks/car companies/government actually know what they are talking about.

[aiki14]

I've come to the conclusion that 99% of Wall Street/CNBC/mutual fund managers/banks/car companies/government actually know what they are talking about.

My guess is the above is wildly optimistic. Staggeringly, unbelievably, orders of magnitudinally, optimistic.

[Gordo]

My guess is the above is wildly optimistic. Staggeringly, unbelievably, orders of magnitudinally, optimistic.

I forgot the eyeroll at the end of the sentence.

[none9999]

I forgot the eyeroll at the end of the sentence.

What a difference an eyeroll can make!! :rolleyes:

[ptp1600]

Here's my opinion. and like you I do not know what I'm talking about either so take with a grain of salt.

PDLI:
Judging from the chart this seems to have dropped from some sort of news, dont know what it is though. It looks like it found support around the the 6.20 to 6.40 area. I would wait to see how it reacts with the 20 day Moving Average. If it breaks through, thats a bullish sign, and it could enter a narrow trading range from where you can take a low risk trade on a volume breakout. If it gets smacked down from the MA, I would patiently wait until it gets more favorable to the long side.

HUN:
It looks like this has trouble with the 20 day MA because it can't break through it. Earlier though it established support at 2.82 and around the 3.50 area, I would look out at these price points (we're at 3.50 right now) to see what it does. If it bounces thats a thumbs up for the intermediate term upside and a good swing trade on a break.

BABY
This seems to have already entered a trading range in the past and now it seems to have broken out towards the downside. It's in the middle of a correction right now, buying at this point would be a high risk trade to catch the correction (should stop correcting towards the upside at the 20 day MA at the most, could turn around to continue the trend far quicker though)

Thats my $0.02


EDIT: I also think this is a great idea btw