JoeJustJoe's Blog : My #1 play for the year 2010

Since the year 2010 is going to be such a decidedly dismal (if n ot depressing) year for stocks my #1 play for the year has got to be the stock I personally follow that is the most grossly overpigged. I follow hunnerts of stocks and can give you a precise long term target on each of em. I simply take the current price and divide it by my long term price target to generate the 3J "pig fackter" for every stock I follow. That determines how grossly overpigged itis. For instunce...a newbie stock I just banked a quick 5.6% gain in ...this right cheeeya >>> IVAN (the ho) will trade back up thur 3.12 befo it begins its loooong journey to my long term target of .19 cnetavos. :o Ifn you take say 3.15 (current price) and divide by .19 (target price) you see that IVAN has a pig fackter of 16.57....that's EXTREMELY overpigged. There are many many many stocks right now that have pig fackters of 10+....which of course led me to make my comment that the markets right now are more grossly overvalued than any time during the past 10 years without doubt. Anyhoo, here bees the MOST grossly overpigged stock on the planet right now with a pig fackter of 106.86 based on yestermadaze 30.99 closing price >>> HGSI ...I personally own Apr $15 dollah putskis on this gross pig. Whenst (not if) the news comes out that will bring this POS down it is going to fall at least 50% in a single day and ifn that happens as the market has already turned lower it twill just keep on falling n falling like ELN did a few years back...from $30 dollahs to $3 dollahs in about 10 trading daze...or less. HGSI is actually a .29 centavos stock masquerading as a $30 dolah stock on nuphin but sheeer hype. *-) 3J