Tuesday, September 15, 2009

Mechanical Stock Outperform (MSO)

Mechanical stocks continue to shoot up. One big one in the news today is MSO. I never saw anyone say that people should buiy MSO, but it hit the top 30 list on December 27th, right after Christmas at the paltry price of $2.80. Today it closed at $8.14, up a snappy 190%. And as I type it is being profiled by Jim Cramer regarding deal with Home Depot. Are you a believer?

Pretty funny, in my mechanical portfolio (top 50) there were 10 new stocks added 11/15. Of the ten new stocks, four are up over 200% and an average of 119%. I am still 21% in cash, but have been up 9 straight sessions and have beaten the benchmark during that stretch. Still not to break-even though and am also still underneath my 2009 high set on August 4th.

No new stock ideas recently, nor any new stocks hitting the mechanical screen mid-week. I did buy POT the other day, which had been on the list, but I am not calling it an MFI stock as it isn't on the list. Here are my current holdings and their gains:

FSUMF 162%
WILC 133%
UEPS 65%
CKSW 234%
UTA 66%
QXM 13%
HCKT 31%
ENDP 38%
CBI 29%
BR 29%
AIRV 13%
WH 13%
PFE 15%
GME 12%
FRX 25%
GTLS 8%
AMED 8%
BKE 6%
BIOC 1%
RTN 1%
CEU -1%
PVSW -4%
GIGM -3%
JTX -17%
KHD -13%
CHCG -35%
CMED -24%

I did see some rumors running around about BBY buying GME. That would re-inforce my point about increasing M&A (GameStop Rises On Rumor BBY May Bid).

No comments: