Nsomniyak, taking the challenge. Here goes.
My Six Picks Are: CAGC.OB, CLWY.PK, EDAC.OB, HRSH, LTFD.OB, And TO
I use a combo of solid picks that I think will do extremely well over time, with a few swing for the fences picks. I don't think this contest will require the same % to win as last contest (Just a theory). Anyways here is why I picked each pick.
CAGC.OB (10 Picks)- A solid Pick, and Numerous other people agree with me with it being a sheep pick. They gave good guidence in the PR on Friday, reported a very good q1 of .10 fully taxed. Q2 is generally there seasonally strongest, so could see some big #'s. I say that moves it to the $5.00 range. Time will tell I guess.
Disclosure: I own CAGC.OB
CLWY.PK (1 Pick)- Yes I'm the only one who picked this stock. My Swing for the fences pick, I dislike picking stocks that end with .PK. But this one is really cheap, and If Q1 is any indication, Q2 (Seasonally strong) could possibly be a very big quarter. Stock is waaay cheap with PE under 5. A good quarter could send this stock to $2.00+. Also seems to have a decent amount of cash on the balance sheet as well.
Disclosure: I Do Not Own CLWY.PK
EDAC.OB (5 Picks)- This stock has been a well covered stock on VMC. In good sector. Fully taxed earned of .16, probably a better quarter is coming in q2. Possible PE expansion. Just a solid stock could see $10 by the end of the contest if they deliver like I think they will.
Disclosure: I Own EDAC.OB (Started buying my position back on Friday)
HRSH (3 Picks)- Another solid stock, not going swinging for the fences here. This was my sixth choice, it was a debate between this stock and PED. I went with this one. I expect a better q2 then q1. Q1 (.09) is probably there weakest quarter. Very strong balance sheet, with lots of Cash. Could post a biq q2, plus things sound like they are only getting better here. Ain't going to be a homerun, but yet another solid stock.
Disclosure: I own HRSH
LTFD.OB (2 Picks)-Swing for the fences #2. This stock has disappointed me time and time again. But I'm one hard headed person I guess. Q1 was actually a strong quarter (.04) After eliminating the 75k charge. Q2 revs should be higher then q1 if costs stay in line that could be a .05 or .06 quarter. If we get get a .05 or .06 quarter this stock is really cheap and will fly in my opinion.
Disclosure: I Own LTFD.OB.
TO (1 Pick)-I'm the only one who picked this stock. Here is my low float play. Earned .18 fully taxed Last quarter, am personally expecting even a better q3. Sales growth seems to be picking up here. the stock has recently Pulled back from the $11.00's after the great earning report. I believe this could possible be a momentum stock, that combined with a solid growth story has me convinced that this stock is a solid pick.
Disclosure: I own TO was buying my position in the 8.70's on Friday.
Conclusion: I don't know if these stock will provide me a top 5 finish like last contest, but I do believe they will give solid returns. My philosophey, was to pick companies going into strong seasonal quarter (Such as CAGC.OB, CLWY.PK And LTFD.OB). Stocks coming off seasonally weaker quarters such as (HRSH). And good growth stories such as (EDAC.OB and TO). I believe this give me a unique blend of hitting the low floaters, low PE stocks, growth stories, and seasonal plays. I don't know if this will work, but I feel it is worth a try. Most importantly have fun all. All above is just my opinion, and I could always be wrong though.
