Focus Stocks Update

July 10, 2008 – 1:13 pm

There are ten stocks remaining, post-carnage. Since Inception (05/12/08):

Focus Stocks: +4.32%

S&P 500: -11.32%

Dow: -13.43%

Naz: -10.19%

Holdings: (most recent prices) and original purchase prices:

[[AGU]]@86.26

[[BIG]]@ 29.05

[[CLF]]@89.40

[[CNX]]@91.41

[[FDG]]@69.30

[[FLS]]@121.10

[[PBR]]@65.55

[[POT]]@199.26

[[WFT]]@41.99

[[WLT]]@83.87

Top three winners:

MEE +49.60% (realized)

EAC +26.67% (realized)

CLR +26.58% (realized)

Top three losers:

GLW -11.98% (realized)

PBR - 6.66% (unrealized)

MTL -6.50% (realized)

Sector allocations: Energy 28%; Materials 41%; Industrials 21%; Consumer Discretionary 10%.

Disclaimer: This information is not intended to be used as the primary basis of investment decisions. Because of individual investors requirements, it should not be construed as advice designed to meet the particular investment needs of any investor. Consult your financial prior to taking any actions. The information and opinions contained here are those of the author and are not necessarily the same as those of iBankCoin, its principals or its affiliates. Trade at your own risk.

This entry was posted on Thursday, July 10th, 2008 at 1:13 pm and is filed under Uncategorized. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

12 Responses to “Focus Stocks Update”

POT To $300 Says:

You probably saw it yesterday, but Canaccord raised it’s price target on POT to a street high C$425.

http://www.streetinsider.com/Analyst+Comments/Canaccord+Adams+Starts+Potash+%28POT%29+at+Buy%3B+Sees+A+Possible+Double/3807124.html
July 10th, 2008 at 1:37 pm
alphadawgg Says:

POT will live up to your moniker.
July 10th, 2008 at 1:47 pm
kidstock Says:

QCOM marches on…the Aug 50 calls are up 50% today.
July 10th, 2008 at 1:51 pm
alphadawgg Says:

Nice call on QCOM, kiddo.
July 10th, 2008 at 1:52 pm
Employee8 Says:

AD …. still learning to read the charts, that said, looks to me like mucho bear flags on the coal stocks … behold:

ACI
ICO
MEE
KOL
WLB
ANR
BTU?

Am I wrong?
July 10th, 2008 at 2:51 pm
alphadawgg Says:

8–
You’re right.

ACI has more downside, imo.

BTU looking particularly weak.

Others on your list might be ok. Wouldn’t short.
July 10th, 2008 at 4:14 pm
Employee8 Says:

Just caught your reply …. thanks!

Forgot to mention CNX … grabbed a few puts on that one since downside looks to be 80 but the 100 day held at 87.50 today … we’ll see.
July 10th, 2008 at 4:46 pm
alphadawgg Says:

8-
Did you see the shakeout?

It broke support at $90, but then put in a huge reversal off the $86 intraday low to close at $95.

If you’re an investor, fundamentally, coal should continue to do well. Global industrialization probably didn’t end on June 19th.
July 10th, 2008 at 4:57 pm
Jakegint Says:

Barak Obama will allow coal for nutritional purposes only, after the corn being used for ethanol production runs out and folks start getting a tetch “toothy.”

____
July 10th, 2008 at 6:13 pm
Employee8 Says:

Yeah but its still below the 50 so I’m counting on a retest of today’s intraday low …. call it the “E8 bottom in coal” … haha!
July 10th, 2008 at 6:29 pm
alphadawgg Says:

CNX to 99 and it’s probably off to the races again.

If it doesn’t get below 88 tomorrow, and closes at 91 or higher, better close out those puts or short positions.
July 10th, 2008 at 6:40 pm
Employee8 Says:

AD, puts in the green and sold at a nice profit today with CNX down 8 1/2 to $82 now … got lucky on this one!
July 17th, 2008 at 1:49 pm

You think you know, but you have no idea.

Focus Stocks Update

12 Responses to “Focus Stocks Update”

Leave a Reply