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MightyMo
MightyMo vip
P&P Score: 99.87   Points: 395.20   Accuracy: 62.49%   Average Pick Score: 1.26   Annual Return: 13.80% (60.67% since 1/3/08)  

MightyMo's Blog : #2: Diversified top ten stocks

Date November 25, 2010  Edited: November 25, 2010    Comments Comments (4)    Rate this post Recommend This Post (118)   
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DNDN and BIDU are being added to our top ten diversified stock list.

Dendreon shares are up 40% year to date. Shares got a further lift after a medicare panel endorsed its prostate cancer drug, Provenge.
Medicare sales would generate 400 million in 2011, 800 million in 2012 and up to $1.7 billion a year for Dendreon by 2014.
This is our biotech play for the diversified ten.

BIDU is our China play. The internet company is on an accelerating growth path.

W have previously announced TTM as our India auto play and PNRA as our Eatery sector play.

This list is for the long term.
Tags : BIDU   TTM   PNRA   DNDN  

4 Comment(s):

Author MightyMo     Date November 26, 2010 16:22 Abuse this post Report Abuse
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PNRA closes above 100 today.
Author JoeJustJoe     Date November 29, 2010 12:08 Abuse this post Report Abuse
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The ONLY question that remains concerning PNRA is whether or not the Lemming Newsletter subs git thur "standard" 7% loss befo the final high is confirmt. I kin see $96 dollahs eeeeasily....but the 7% is gonna be a tad tuffer. As always...I'll see what I kin do :-) 3J
Author MightyMo     Date November 29, 2010 20:24  Edited: November 29, 2010 by MightyMo Abuse this post Report Abuse
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I would not sell PNRA unless if fell below support (89). A 'pig' stock like PNRA could fall faster than the general market in a down turn. If we had a 10% market correction, one could expect a growth stock like PNRA to drop 20% or more. The purpose to buy a stock is to see if it will make you money. If it doesn't, one needs to admit their mistake and go on.

PNRA as I write this closed in post-market trading at 100.19.
Author JoeJustJoe     Date March 7, 2011 19:36  Edited: March 7, 2011 by MightyMo Abuse this post Report Abuse
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