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Blog Replaces Featured Stocks
A Blog has been added to replace the Featured Stocks section. This should make it easier to maintain regular updates and at the same time give visitors a better interface. The original Featured Stocks section can be found at the following link:
Problems with Screens
There are some problems with the screens not showing as many stocks as expected. This is due in part to missing float information and historical growth information from the data sources.
Stock Portfolio Performance Section Added
Added a new tab, "performance", to contain the GI stock portfolio performance reports. Performance reports that were in the "featured stocks" section have been moved there. We will try to update it a few times each month.
Stock Quotes Improved
- Added price change, and today's volume (also represented as a % of the average 3m volume). - N/A displayed for stocks where NCAV would otherwise be negative or invalid - Quote page loading speed improved - Quotes open in new window
ELBO Acquired by GameStop
We profiled Video Game Store Chain Electronics Boutique (ELBO) at $42.55 on 03/24. Today it was announced that Gamestop would buy ELBO for $1.44 billion in cash and stock. As a result, ELBO gained 34% today, closing at $55.21 and is no longer appearing on our Intrinsic Value screen.
Forums are working
The Discussion Forums are now (hopefully) working correctly. Please delete your browser cache and log in again, then try to access the forums tab. If you still get the "Insufficient Privileges" message, please let us know.
New Features Added to Screens
Ticker symbols in all screens are now active links. Clicking on them will display an intraday "on-the-fly" quote and update of Graham's Number, Intrinsic Value, Price/CFO etc. It will also display a Quote.com chart. Below each screen table is a form where you can input any ticker (must be a valid Yahoo! ticker) to get the same information for your own stocks.
New Screen: Intrinsic Value
We have added a new Intrinsic Value screen which ranks SmallCap stocks in terms of forward growth estimates and intrinsic value (according to Graham's formula in The Intelligent Investor).
Digital River Added to GI Portfolio
Added 53 shares of DRIV at 37.25 on 08/10/2005 on a pullback to close gap and reversal back upwards, the stock having previously broken above $34 last month.
MCRI Stopped Out 07/27/2005
Unfortunately our MCRI trade was stopped out at $23.68 on Wednesday 27th when the 8% trailing stop was hit, for a gain of $72.40 or 7.34%. The annualized gain for this trade was 69%. Overall, the GI portfolio is up 34% in real terms, so we can't be too disappointed at this stage.
CECO Stopped out 07/19/2005
CECO was stopped out, after 8% trailing stop hit on 07/19 at $38.17 for a loss of $14.78 or -1.48%. Possibly on future trades we'll experiment with a wider stop, since these are meant to be longer-term trades. But the market may be telling us something.
06/27/2005 - Career Education Breakout? (CECO)
06/27/2005: A strong upward surge today on volume of approx 3.5 million shares versus long and short-term average volume of 2.3 and 1.9 million shares/day resulted in CECO closing up $2.02 or 5.56%. Today's action was in sympathy to the SEC Investigation coming to an end in ITT Educational Services Inc (ITT). The entire Educational Services Sector got a lift from this news.
Cal Dive Looks to Have Broken Out
06/22/2005: Members who watch the profiled stocks will have noticed that Cal Dive (CDIS) finally broke upwards out of a Symmetrical Triangle early in June. When we profiled the stock, the triangle breakout point was around $49. In actual fact, the pattern developed further and made a new breakout point around $46. It pays to pay attention and watch the pattern develop since we have had a buy order executed at just over $49. With a little more attention to the pattern, we could have adjusted the order and got in at a much lower price at just over $46.
