Weekly Stock Challenge 2/9/2007 - 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 starts on Monday.

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

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

[Thierry Martin]

Picks for this week copied over from the end of last week's thread.

KEESH.S
I'm going with Ifinix Corporation - INXR

Jordan
I'll go with HMIN with earnings around the corner

reef
Put me down for RACK in next weeks challenge please.

safeman
I'm going with AOB. It has just formed a nice cup w/ handle formation and looks to me to be poised to break out at 14.00.

[MoMoney4Me]

I'll go long ANAD again for next week. I've just got a feeling that it's going to make a run this week before earnings release on the 12th.
I think we'll see a new 52 week high by end of week and stock from current $9 area to above $10.

ANADIGICS will distribute fourth quarter 2006 financial results at approximately 4:00 p.m. (ET) on Monday, February 12, 2007.

[who8me2k7]

I'll go long ANAD again for next week. I've just got a feeling that it's going to make a run this week before earnings release on the 12th.
I think we'll see a new 52 week high by end of week and stock from current $9 area to above $10.

ANADIGICS will distribute fourth quarter 2006 financial results at approximately 4:00 p.m. (ET) on Monday, February 12, 2007.

how do you think it will fair with the earnings reports? Do you see positive or negative outcome? Up or down afterward?

[who8me2k7]

I will take CRESY for this week...
it seems to be in a nice uptrend right now :)

[Pinguin]

Too bad I can't take two stocks, one short and one long. I'll try a short on PCU. Cramer pumped it again so it should be about ready to drop. :-)

[Tuxguy]

CWTR

[bahroor]

and congatulations bahroor on a spectacular loss!
.
I only go down in style Thierry. Hope I didn't affect the average much.

I'll take EVCC - Short again please. It's just personal now (something you should never do with real money kids).

[MoMoney4Me]

how do you think it will fair with the earnings reports? Do you see positive or negative outcome? Up or down afterward?

Anadigics should come in better than expected. If past performance were any indicator, I'd wait until after earnings to take a new position. I've held ANAD for 2 years and in most every case there has been a pullback in share price of up to 10% right after the release. This is largely due to short term investors locking in the profits of the run-up in share price just before earnings are announced.
Afterwards they have continued to recover and moved on to new highs. I've added to my position in each case and profited by doing so. My average cost per share is $3.85. I bought my first shares 2 years ago at $1.39.
As a long-term investment ANAD will do well due to increasing revenues and their recent return to profitability after several years of losses.

[aiki14]

TGX short.

[who8me2k7]

Anadigics should come in better than expected. If past performance were any indicator, I'd wait until after earnings to take a new position. I've held ANAD for 2 years and in most every case there has been a pullback in share price of up to 10% right after the release. This is largely due to short term investors locking in the profits of the run-up in share price just before earnings are announced.
Afterwards they have continued to recover and moved on to new highs. I've added to my position in each case and profited by doing so. My average cost per share is $3.85. I bought my first shares 2 years ago at $1.39.
As a long-term investment ANAD will do well due to increasing revenues and their recent return to profitability after several years of losses.

Well I have 122 shares that I got in at $9 awhile ago (april last year i believe), so do you think I should sell right before earnings, then buy back once it drops for a couple weeks? Would that even be worth it?

[bigzip]

KONG

[mlegha1]

MVIS long..some good news is due...

[bwhited]

GDI again please.
Tired of coming in third.
This time it will fly unless its upwardness gets retarded by nearing a 52 week high.

[Albert0373]

ADSX; releasing new ipo CHIP
let's see how it plays out
either waaay down or. up =]

[Kitara_77]

CIX Long please

[Kitara_77]

whoops, I broke the rules already. Not enough volume. Please change me to PLMD Long please :)

[spanky]

EMKR long, please.

[John Law]

I'll try ENCY once more. This thing is so beaten down, it has to come up sometime.

[MoMoney4Me]

Well I have 122 shares that I got in at $9 awhile ago (april last year i believe), so do you think I should sell right before earnings, then buy back once it drops for a couple weeks? Would that even be worth it?

My investment in ANAD is long-term,,i.e.,, 3 -5 years. I'm holding through the ups and downs based on the prospect that ANAD will continue to perform well over time. I look for it to be in the high teens by year end and as high as $30 by 2011. I continue to add to my position periodically and on any significant pullback.
I think you'd fare better holding instead of speculating on short term performance.
Check your private messages for a current report from Value Line on ANAD.

[1960vw]

Short me on KOOL please. It's a local bio-med firm that has great potential but lousy leadership. Thanks for the contest !:wink:

[steveburbank]

I'm going long on Opsware (OPSW). Hope it breaks out this week!

[Svenwulf]

mu long, please. always buy a little of anything you cover.

[InvestingMoron]

AEOS long

[stockoholic]

I'll take ICE ;) . Looks like it's rallying.

[stockviper]

CVDT again.

[metalheadrr3]

TVIA

[dochesgriff]

I'll go long with MA, it should rally into earnings.

[optionszinc]

PRE, long

[MoMoney4Me]

My investment in ANAD is long-term,,i.e.,, 3 -5 years. I'm holding through the ups and downs based on the prospect that ANAD will continue to perform well over time. I look for it to be in the high teens by year end and as high as $30 by 2011. I continue to add to my position periodically and on any significant pullback.
I think you'd fare better holding instead of speculating on short term performance.
Check your private messages for a current report from Value Line on ANAD.

It's nice to be in the right place at the right time :D

NEW YORK (AP) -- Shares of Anadigics Inc. surged after an investment fund manager, in an interview with Barron's magazine, said profit at the chip maker is poised to explode.

Michael Cahill, managing director of New York-based Chilton Investment Co., said in the interview Anadigics is his favorite play on the migration of mobile devices like cell phones to the Internet.

Cahill, who owns about 11.5 percent of Anadigics' stock, said technology is "just on the cusp of a massive explosion in mobile Internet and computing, and adoption is taking off." Warren, N.J.-based Anadigics, with a projected $168 million in sales last year, makes chips, amplifiers and circuits for cell phone makers like Cisco, Samsung and LG.

Anadigics is "on the verge of a massive earnings acceleration," Cahill said. "This company is growing very rapidly and it is not expensive."

The company's stock trades at nine times Cahill's estimate for 2008 earnings. Cahill said the stock could trade for as much as 20 times 2008 earnings.

Shares of Anadigics rose 88 cents, or 9.7 percent, to $9.95 in premarket trading Monday. The stock closed at $9.07 on the Nasdaq Friday.

This afternoon the stock is at $10.39 after reaching a new high of $10.59.

[Albert0373]

It's nice to be in the right place at the right time :D

NEW YORK (AP) -- Shares of Anadigics Inc. surged after an investment fund manager, in an interview with Barron's magazine, said profit at the chip maker is poised to explode.

Michael Cahill, managing director of New York-based Chilton Investment Co., said in the interview Anadigics is his favorite play on the migration of mobile devices like cell phones to the Internet.

Cahill, who owns about 11.5 percent of Anadigics' stock, said technology is "just on the cusp of a massive explosion in mobile Internet and computing, and adoption is taking off." Warren, N.J.-based Anadigics, with a projected $168 million in sales last year, makes chips, amplifiers and circuits for cell phone makers like Cisco, Samsung and LG.

Anadigics is "on the verge of a massive earnings acceleration," Cahill said. "This company is growing very rapidly and it is not expensive."

The company's stock trades at nine times Cahill's estimate for 2008 earnings. Cahill said the stock could trade for as much as 20 times 2008 earnings.

Shares of Anadigics rose 88 cents, or 9.7 percent, to $9.95 in premarket trading Monday. The stock closed at $9.07 on the Nasdaq Friday.

This afternoon the stock is at $10.39 after reaching a new high of $10.59.

Make that $10.79H =]

I actually hold position in ANAD too for long term, got in mid-October

[Thierry Martin]

PRE, long

Sorry, you have to get your pick in before 9:30 am.

[Thierry Martin]

711

[bigzip]

I'll try ENCY once more. This thing is so beaten down, it has to come up sometime.

Looks like it might be tomorrow

[Thierry Martin]

718

[Thierry Martin]

726

[Albert0373]

Glad to see you on the right side this week bahroor =]
Congrats

[bahroor]

Glad to see you on the right side this week bahroor =]
Congrats

Thanks Albert... this thing is on fire... looking for it to start heading back north before the week is over.

can we end the contest now please!!!

[Albert0373]

Apparently not today Bahroor =] Wow, this thing is free-falling
Down 18.314% at the moment today
You sure you wanna end the contest today? =]

[Thierry Martin]

728

[Thierry Martin]

bahroor you finally did and proved your point!

731

[Jordan]

I'll go with HMIN again next week

[MoMoney4Me]

I'll take a position in MRVC long for next week. Earnings out on next Thursday. Charts looks good and guidance may prove to be conservative.

I think ANAD has more room to run after earnings Monday, but for now most of the Fast Money has been made.

[Albert0373]

I'll take PACT please; maybe something might happen before Chinese New Years next weekend =]

[John Law]

XPRT

[bwhited]

This week sucked. So I'll take GDI since it will recover.
Sounds like a good buying oppurtunity to me!