Sunday, November 06, 2005

stocks

I have been negligent in keeping my blog up to date with my trades and thoughts. This is where I am today.

Current holdings
CAMP - feel great about this stock, continues to make 52 week highs
QLGC - oversold, repeatable pattern occurs - drops after earnings and then slowly climbs for about 20 days.
CMT - nice move, got in at the low and has been running since earnings
ENG - bought when it was oversold. nice earnings. still holding
STKL - great potential for this company. earnings were so-so to bad, but has held up well.


Potential holdings
SNCI - huge buy of 600,000+ shares drove the price up to 3.50 from 3.00on thursday. on wed annnounced new CEO and so, so earnings.
OSTE - dropped to 3.50, now coming back. what is interesting aboutthis stock is that it had a take over bid of 6.25. the deal didn't go through and the stock became over-sold. it seems to me that management will be under enormous pressure to get the stock to at least that level or sell the company. the stock is around 3.80 now. even if the stock moves to 4.08 that is a 10 percent gain.
for both these stocks downside seems limited.

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