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nsomniyak

05/23/07 1:40 AM

#377 RE: lentinman #376

Well, duh!

Mr. Sheep reflects a consensus at a point in time what to buy and then hold for a time. having bought, that consensus of opinion can only sell later.

cliffvb

05/23/07 10:29 AM

#383 RE: lentinman #376

First Mr Sheep revisited: Mr sheep from the first contest has taken by far the biggest fall since the end of it and made me curious as to what the picks were so I looked them up and here they are along with the number of people who picked them: PDGE.ob (24), CHAR.ob (16), ASPN.ob (16), VPHM (15), EGY (14), EZEN.ob (11), NKBS (11)

I don't own any of them anymore but I have owned 4 of them in the past. 3 of them were oil stocks, CHAR, ASPN, and EGY. CHAR has since been gobbled up by the Russians, on the cheap. The board favorite at the time, PDGE, is in environmental clean-up. Remember that Katrina hit during the contest and there was a huge runup in OG prices and companies that worked in storm clean-up. Last year was a quiet year on the hurricane front so they have quieted down. VPHM is a drug company (that made some of us huge profits), EZEN and NKBS are in business services. EZEN has been hurt by cutbacks in government contracts as government spending stemming from 9-11 has since dropped. NKBS has been hit and miss since then, but mostly a miss. Not one metal stock in the list, how times have changed.