And yes, the State bought the biggest phone company but I still wouldn't recommend to invest on that company just yet, too many what if's involved as of right now.
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Mar-07-2007 22:49
shaw
RIP
Registered: Jan 2005
Location: Intergalactic Mimosa Station
And yes, the State bought the biggest phone company but I still wouldn't recommend to invest on that company just yet, too many what if's involved as of right now.
We'll see about that. Mezzir and I have faith in Venezuela!
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"You won a new refrigerator, great! Where you gonna put it?" - Tony Danza
Mar-07-2007 22:52
Igaryok
Supreme tranceaddict
Registered: Jul 2006
Location:
I signed up for that once, and basically there were people that were making 80% returns daily. Yeah that's very real.
Mar-07-2007 23:01
Krypton
83.798 g/6.022x10^23
Registered: Nov 2003
Location: Texas
My picks are...
BJS
BHI
BLG
APC
JBL
All have great fundamentals. 200k in each one.
Problem: This is a very inaccurate contest of investment skill. Warren Buffet said, "The market is like a voting machine in the short term. Long-term, it is a weighing machine."
8 weeks is nowhere near enough to make gains based on fundamentals. The majority of people who trade using this time-frame actually lose money. The most successful traders realize the gains they are after in year at least.
The winner of this contest will like last year's winner, be the best picker of a speculative stock. The guy put all 1 million into one stock and happened to be lucky. That is not an attribute of skill.
With that in mind, to be able to win this contest, you have to choose much riskier stocks in the hope you find that weird one that skyrockets in a short period of time. This is extremely hard to do.
I suggest this strategy.
1. Stock screen
a. Highest Beta
b. Lowest P/E
c. Lowest D/E
d. Less than 20% above 52wk. low.
e. PEG less than 1.
f. Current Ratio as high as possible
Now, depending on how good you are at analyzing a companies health, you can pick through the results to find the best of the bunch.
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Mar-07-2007 23:33
Marc Summers
I must behave
Registered: Jan 2005
Location: New York, USA
that's all mumbo jumbo
friday I will sell and invest it all in ethanol
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"You won a new refrigerator, great! Where you gonna put it?" - Tony Danza