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Re: None

Monday, 09/17/2007 10:56:34 AM

Monday, September 17, 2007 10:56:34 AM

Post# of 971
Nsom challenge

I took a very non-sheepish approach again to PSL7. I only had 7 sheep points (yielddude also picked UVICF)

IPII - As many of you know I just have to have some kind of housing exposure in my PSL7. Though, I don't believe that we have hit the bottom in housing, I do believe that the stocks will hit bottom before the fundamentals. IPII should benefit when FL construction activity picks up again and they are also a big beneficiary of hurricane construction. As we continue through the hurricane season the stock has a pretty good chance to run.

HFIT.ob (own it) - Health Fitness - Involved in improving the lifestyles of Americans at the workplace. They offer fitness and health management to a impressive group of Fortune 500 companies. I like the chart and I like the idea behind the company and I think they will benefit in the long run.

OPCO.ob - OurPets - This is a stock that I've followed for a while now. It did me some good in PSL4 (I think it was) and got me out of the cellar in the last week of the contest. Now the stock has retraced from its 1.85 high and has found a decent base in the $1.35-$1.40 area. I don't think this is a double from here like it was in my leveraged position in PSL4, but I think it's got a chance to get to $2.

UVICF.ob (own it) - Unilens Vision - Almost a 10% dividend yield. They just raised the dividend and I think they should see easier comps over the next year or so, starting with this quarter. I'm looking for $6 at least on this one.

CVGI - Beat down truck components stock in a sector that is performing well.

APNO.ob (own it) - This is my wildcard. I traded into it in PSL6 and then tried to double down, but it was blocked because it became a non-earner during the contest period. I think this is a great industry to be in, but I'm getting worried about management. I've called the company twice now (I typically call all companies before I buy them) but have not received a return phone call (a big no-no in my book). The stock is close to a solid base in the 1.10 area.


I'll say the same thing I did last time at the end of my Nsom challenge in PSL6...Just once I'd like to get a top 20 finish. Maybe this time?? I did get ~35 in PSL6 so I'm starting to improve!

Beigledog
#board-6698

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