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JaiH
JaiH vip
P&P Score: 99.64   Points: 146.74   Accuracy: 53.05%   Average Pick Score: 0.64   Annual Return: 9.02% (23.99% since 9/27/09)  

JaiH's Blog : Beat Warren Buffet Service _ Free Weekly Stock Picks

Date July 10, 2010    Comments Comments (7)    Rate this post Recommend This Post (79)   
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I ran into liquidity problems last week, the stock was not trading enough for me to buy. So I have put in a check for liquidity. The stock must have a trading volume of 50000$ or more before I consider it. I only buy stocks for about 4000$, so this will provide enough liquidity. I only post two picks, one of which is speculative. The speculative pick is necessary if you want to beat Wareen Buffet, but this increases volatility. Nothing is free, if you want a high return you have to live with high volatility. The picks for this week are

(PURE) - buy
(CGA) - buy

Tags : PURE   CGA  

7 Comment(s):

Author TickerBandit     Date July 10, 2010 21:55 Abuse this post Report Abuse
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JaiH,

Given that these two picks were screened from many other tickers, what was your criteria for choosing these particularly? Are these Zack's rank 1?
Author JaiH     Date July 10, 2010 22:05 Abuse this post Report Abuse
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TB

The screening critera is top secret. CGA is rank 1 and PURE is rank 3.
Author TickerBandit     Date July 10, 2010 22:11 Abuse this post Report Abuse
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No. What I mean is that you run a screen which has many tickers indicated. I don't care what your screen is you can keep it top-secret :-). What is it you like about these two tickers out the group indicated?
Author JaiH     Date July 10, 2010 22:20 Abuse this post Report Abuse
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TB

I only get two stock picks a day when I run the screen and I post the weekend ones free at this site. It is designed like that to pick only two tickers.
Author TickerBandit     Date July 10, 2010 22:29 Abuse this post Report Abuse
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OK. Fair enough. I'm a little surprised CGA is rank 1 but then I don't know what criteria Zacks ranks by.
Author MightyMo     Date July 10, 2010 23:40  Edited: July 10, 2010 by MightyMo Abuse this post Report Abuse
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Nothing personal, but to play devil's advocate, it's difficult for me to lock into a china stock (CGA) , especially a small cap that is thinly traded. It's hard to get a reading on china stocks. I can't find a good story as a reason to buy. Yes, the fundamentals are decent and some guy on youtube tooted it a monster stock of the week (but didn't really give a reason). Technically it's been in a downtrend for several weeks now.

If you are going to go with a china agricultural stock, why not CGAC instead of CGA. Doing a performance comparison of CGAC vs CGA on yahoo.finance, the chart showed that since March 09 that CGAC has performed 1,000% better than CGA. CGA really hasn't done anything.
In fact, CGA has gained zero since March 09. So maybe your pick is related to turnaround situations?

I think it is wiser for one who is interested in the china sector to buy a china etf instead of an individual stock. This stock appears to be high risk, high reward. However the bet in my opinion is more on the risk side. Again IMO, good luck with the pick.
Author JaiH     Date July 11, 2010 00:00 Abuse this post Report Abuse
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MO

I am not targetting china stocks. I am an algorithmic trader and my algorithms have decided that CGA is the best small cap stock to hold for a week starting monday, so I will buy it. I personally dont like PURE, it is speculative. It may go up or down a lot but I will buy it. CGA will go up if the markets go up.
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