The right stock at the right time
Which, taken at the flood, leads on to fortune;
Omitted, all the voyage of their life
Is bound in shallows and in miseries.
This applies to stocks as well. Look at the three stocks in these lists:
IFO,Infosonics, JOYG,Joy Global Inc and MT,Mittal Steel Company N.V. These three stocks I have owned and traded in recent years.
Stocks up 50% or more in a month
IFO,Infosonics has rallied back to its old high. Look at the fundamentals to get a clue about why this stock has rallied so rapidly. It has almost doubled revenue from 73 million to 143 million in a year. This quarter the revenue has doubled compared to the same quarter a year earlier. If you look at earnings in 2005 they were 44 cents per share compared to a loss a year earlier. This quarter earnings are up almost 4 fold. Very few stocks have these kind of dramatic growth. Look at MED,Medifast and you will see similar kind of growth story.
If you monitor just the top 2% earning/sales performer in the market and forget about rest of the market, you will find a list of stocks like these. These stocks are volatile but they make dramatic price moves when they get going.
IFO,Infosonics
MED,Medifast Inc
Stocks with all time high volume
JOYG, Joy Global Inc made a move from a low price of 3.42 to 70 in few years. Look at the earning increases:1.20(2005),0.46 (2004),0.17(2003),-0.20(2002). Now yesterday it had a all time high volume. This coincides with latest earnings release. Which hinted at earnings slowdown. The party is over for this stock now. Rest of its life it will spend basing or going down.
MT,Mittal Steel Company N.V. was a penny stock few years ago. It made a low of 80 cents. From that low it went as high as 40 in few years. Look at the earnings during the fast price growth phase of this stock and you will understand why.
The all time high volume is linked to the failed merger.
EPL,Energy Partners Ltd
GCS,DWS Global Commodities Trust
JOYG,Joy Global Inc
MT,Mittal Steel Company N.V.
PBJ,PowerShares Dynamic Food & Beverage Portfolio ETF
Stocks down 50% or more in a month
BCGI,Boston Communications Gr
DOVP,Dov Pharmaceutical Inc
ERS,Empire Resources
ESCL,Escala Group Inc
FLYIQ,FLYI Inc
LOUDD,Loudeye Corporation
NBIX,Neurocrine Biosciences
NTMD,Nitromed Inc
THLD,Threshold Pharmaceuticals
NOTE: To understand these list and philosophy behind them read following posts
The logic behind monitoring all time high volume
Why study stocks making 50% or a move in a month everyday
How I use the stock with extreme volume signal
How I trade momentum stocks
Tops or bottoms- it's a stock pickers market
How to find good stocks
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