Good idea, Rodney!! I've followed a handful of threads and posted to some or all when something was moving, picking the cycles. Unfortunately, that demands watching the stocks continuously during the day, closely during the day, and continuouly from one day to the next to obtain the feel for a stock - not so easy for a single person, with a single computer. So, what to do? Handful of threads where others post.
Here's some of the threads and imo their specialties - it would be good to see posts of their picks and look at performance on a regular basis - open to gladly have a portion of portfolio divvied up amongst the gurus on the net:
Different ways of classifying the threads:
1) long vs short
2) pure daytrade (day momentum) vs momentum over a few days vs position vs fundamentals / mid-longer term
3) sectors
As I'm coming back up to the top here to write this, I think we should start a rating system for the threads, possibly a contest amongst SI gurus and other sites' gurus' as well. Perhaps have to start with SI only and go from there. I'd be willing to moderate / establish a set of rules to kick if off.
1. Anthony@Pacific - THE guru of shorting, not only for the stocks to short, but how and when to short - good learning and still learning. Also, let's you know when to cover. Like the fact that actual trades are on a second thread, since positions can be seen.
2. Tim Luke - without Tim, the board is not as focused, imo, but some good posts there nevertheless and good eyes. Tim's focus on network infrastructure is the instituional ivestor way of playing the net sector. Agree with it. I have tended to take profits too quickly (years of crappy broker recommendations - they get you in but not out), but Tim has stuck it out on position plays.
3. TMex - the no pennies thread is good since, it's almost a 'portal' with so many posts (A@P is gaining ground), and seems to be a focal point. TMex moved to the MIRC around Xmas/New Years and not posting as much on SI. There are a milieu of ideas on the thread, from BB stocks to NASD and NYSE. TMex's picks eventually make their way to the thread I imagine, but usually by way of others vs TMex. Hard to discern what is and what isn't a TMex pick - TMex comes by to clear things up on occasion as home base is the MIRC. Type of stocks: all kinds of sectors and companies.
4. MoneyMade - the BB specialist, several ideas. I'm just not into the pennies (spreads too wide and too much manipulation, whether it's just perception or reality, don't really care for the BB's), but he picks some very good winners.
5. RandeIs - some activity, a bit more laid back and get some humor from Rande from time to time.
6. Trader J - apparently persons on the thread divided up research - wish I knew that a long time ago - more of position nature (correct me if wrong)
That's about the ones I've followed on a regular basis. Others include: undervalued stocks, biotech cos, trading strategies
I set up a few more research oriented in 2 broad categories - like SI funny enough, but not much action - seems most ppl on SI just want the short term trade.
Take with a grain of salt what is posted - couple of times ppl got on my case for posting the turns in the stocks with rationale (after a while, if start to call it, ppl go opposite to what you say and it partly negates the direction of movement). But, there are a lot of posts out there which say ZZZZZZ is good or ZZZZZZ is bad (in stronger language on both +/- sides) but not much to back it up and a lot of times not wanting to discuss. Present the facts and forget the name calling crap and threats which cheapen the poster's posts, are a turnoff, and don't help find out what is really going on with a co /stock.
Curious to know how things shape up, Rodney. My time is tight with consulting assignments (all coming at once, expecting info tomorrow a.m.), moving, etc. Hope the thread gets some activity - again a good idea. |
