December Stock Tipping Competition Entry Thread!

[Joe Blow]

Good morning ASF and welcome to the December 2012 stock tipping competition entry thread!

The December 2012 stock tipping competition is proudly sponsored by eToro. As the leader in social trading, eToro provides a simple, transparent and enjoyable way to invest and trade in currencies, commodities and indices online. See who is trading what in real-time, follow the best performing traders and automatically copy what the best traders do. It's the smarter way to trade.

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A quick recap of the rules for those not familiar with them:

1. You MUST have a minimum of 25 posts to enter.

2. Each entrant may choose one ASX listed stock. Options, warrants and deferred settlement shares are not permitted.

3. Stocks with a price of less than $0.01 are ineligible for the competition, as are stocks that are currently suspended from trading.

4. The winner is the entrant whose selected stock performs the best in percentage terms between December 1 and December 31.

5. The maximum number of entrants in the competition is 100.

The competition winner will receive $100. The second placegetter will win $50 and the third placegetter $25.

You have until midnight on Friday, November 30 to enter.

Those who qualify, please post your entries in this thread. Remember, once you have selected your stock, you CANNOT change it for any reason. Also, you must be qualified when you enter.

Each month we usually have some members who do not qualify for the competition but enter anyway. If someone who has selected a stock hasn't yet qualified for the competition, their stock is officially up for grabs! Just mention it when you post your entry.

Best of luck to all entrants!

 

[Crom]

Hi Joe,

Given your often stated desire to have more stock specific posts on ASF, which I and others totally support, how about making it a rule that to be a part of the tipping comp, you also have to provide a brief explanation of why you feel your stock choice has the potential to soar in the month.

I often feel there is a wasted opportunity for shared knowledge by virtue of the fact that the stocks being picked are a members fave, and obviously closely watched/monitored. There is therefore considerable knowledge behind each stock selection. This therefore a good resource for all members.

This should also generate greater interest in the stock which would then carry on over into the stock specific threads.

Would other members support this idea?

I'll reserve my stock pick till a little later in the month thanks.

Crom

 

[Joe Blow]

Would other members support this idea?

Many thanks for the feedback, Crom!

Like yourself, I'd be very interested in the views of other ASF members about this idea.

 

[Joules MM1]

CSS

i expect the stock to be bouyant because

1 a minor technical break-out

2 the retail players are in a chase psychology and this is what is driving price as denoted by lack of significant volume

3 as prices rise it attracts the attention of SM super funds who have a hunt-the-bargain-for-the-future pov

4 the stock has been so beaten up it attracts technical players

5 miners are less attractive so other ideas are being sought out

6 it's a bounce and price can go where ever the people forcing the bid can take it .....err...i've run out of reasons now

7 i own it

 

[Joules MM1]

Many thanks for the feedback, Crom!

Like yourself, I'd be very interested in the views of other ASF members about this idea.

......so, how was that ?

 

[trillionaire#1]

......so, how was that ?

Good effort Joules

 

[trillionaire#1]

VGM ,vdm group again for me thanks Joe.

I expect this stock to rise this month because:1 : I have a small holding

2 : its SP is down some 50% from a month ago

3 : the short term incentives paid to the MD are dependant on the
4 fold increase in SP ,and the delivery of a $10 million dollar EBIT
for the year ending june 2013(unlikely but enough to get anyone
working hard for a turnaround)

4 : KPMG have been tasked with the restructuring of the company
and according to the recent asx announcement "in addition and as a consequence of the recent deteriation of the companies SP a number of parties have expressed opportunistic interest in a corporate transaction of the company"

5 : I have a small holding

 

[drillinto]

MOZ

MOZ is the only pure-play Mozambican coal explorer on ASX.
Please note that the average daily volume of this junior is small, 48536 shares.
The seniors VALE, Rio Tinto, Anglo American are already present on the Mozambican coal.
I expect that both seniors and juniors will do well during the coming years.

 

[Joe Blow]

......so, how was that ?

Impressive work, Joules!

I think I'm warming to this idea of competition entrants supplying a reason or reasons for their selection.

I hope that other December competition entrants follow the lead of those who have entered already and detail their reason(s) for choosing their selected stock when they post their entry. It's quite informative and provides some context for why people chose the stock that they did.

 

[nulla nulla]

FKP this month please Joe. The background data plotting the fall from grace of FKP is fairly well documented in the FKP thread. Now it has reached a level where the day traders are churning over volumes each day for a tight spread. Someone is going to ramp it up eventually and any small gains represent solid percentages.

 

[bigdog]

DMA,

I have been tipping for 2 years and hoping the chinese will deliver.

Report due in December 2012

 

[ROE]

Let December be the month for LYC.

First feed and first to break China monopoly on RE

 

[jancha]

TZN Because it matches my eyes.
They should come out with an announcement on their drill results soon in regards with an extension to the mine life of the Angas Zinc mine. In 2008 it's sp was $4 it's now 2.9c as of Fridays close.

Joe..If this is going to be way to enter personal picks for the month... does it open up questions from other forum members to challenge the entrant for their reasons or is there a rule on no questions asked?
Another question...Is it possible to have the sp of your pick as of the time of the post and not the beginning of the month? I noticed Crom with holding (perhaps) for that reason. If TZN announcement for example came out before the end of the month i probably wouldn't tip it if you get my drift.

 

[tigerboi]

HSN thx joe i like it as they have no debt $24m cash & with an intrinsic value of $1.66

a break out seems imminent with an sp of 86c .......TB

 

[systematic]

MZI: MZI Resources.

I think sand is a good thing.

 

[namrog]

PRU please.

I just like the chart.....

 

[peter2]

MAK : Please.

Price is at a significant resistance level (0.175) that has lasted 6 months.
The daily lows have been rising.
The OBV - On Balance Volume (orange line in lower frame) has been rising indicating rising demand.
The TMF - Twiggs Money Flow (brown line) has been rising and is now at its zero line. Another indicator of demand.
(Don't ask me which is better, I don't know so they are both there.)
The medium term down trend (30-90d emas) has almost ended.

New information (don't know, don't care) in early Oct got the investors buying and this demand has continued.

The market risk as indicated by the coloured ribbon (top) shows the risk as medium. This dictates that I reduce the risk of each trade I start while the market risk is medium or high.

 

[Iggy_Pop]

AVB is due for a run up as some exploration results to be announced soon, and a share I believe will go well over the next 12 months. Hopefully this month is a good one. I also hold a few and have added on the recent dip.

 

[Mickel]

LNC Thanks Joe.

They have their AGM on Thursday and possibly news that their Chinese JV will be confirmed.

This will immediately have an inflow of $60M to LNC and will hopefully spur on the S/P.

 

[marioland]

AGS again for me, please. Qasar is going to mine, so they're bound to go up sooner or later.