Tipping Competition for Full CY 2022

[craigj]

ALC
AXE
BOE
RED

Thanks Joe and Peter

 

[tech/a]

Contests like this favour the fundamental analysts who are lucky enough to pick a low value stock with promise who do kick a goal and their price rockets. As a chartist I’ve got a bit of a handicap in that charting won’t predict long term goal kickers – it’s more accurate in seeing short/medium term potential. So no hope of winning (maybe the wooden spoon) but in the interest of supporting the forum here’s my ‘pin the tail on the donkey' selections.

I scanned the ASX300 for stocks coming off a significant low and have a chart that suggests they might come back from the dead. I found 13 but the following seemed to offer the most promise.

PDN Lower value stock – so more chance to move up

RRL Coming of a large price channel low – something it has moved up strongly from previously

SPL At a low and should go higher – especially if its products under development get traction

WEB Could be a winner once COVID morphs into just another common cold and people stop worrying about travel (a lot of pent up demand.

Hmmm I don’t know about that
As a fellow Chartist 80% wasn’t bad this year
Last the year before was lack of time

having developed techtrader which did very well over 7 years of live trading and with Pete 2 more technical than Fundamental I think we do and will do fine
The disadvantage of course is that when the trades we pick go south we would be out well before 12 mths but we are exposed for the full 12 mths

Fundamental traders have the same issue them —- may —— have exited well before the 12 mths

Pete is it possible to show if the entry is Tecnical or Fundamentally based Mine are technical.

 

[Dona Ferentes]

Hmmm I don’t know about that

Is it possible to show if the entry is Technical or Fundamental?

It's not binary, I don't reckon. And other factors at play, as well.

 

[tech/a]

It's not binary, I don't reckon. And other factors at play, as well.

Yes agree but thought there maybe some interest as it’s constantly debated

 

[frugal.rock]

AXE top pick
CE1
MGV
NCZ

 

[Faramir]

I had a very busy two weeks and I thought that I would miss out on this yearly comp. I had absolutely no idea which stocks to pick. So I let The Bull (thebull.com.au) decide for me ? If I am right (should I say if they are right), then these stocks are in a Bull phrase. If I am wrong - then my picks are completely Bull #$$*

LCK
MM8
PLY
SHG

If I had to pick the best one? Maybe LCK because it’s first off my list alphabetically and closest to 10 cents.

 

[Miner]

Deadline is midnight on Sunday, 2 January 2022.

Hi @Joe Blow Monday 3 January ASX and banks are closed in Australia, so may be you extend one day more for closing

 

[greggles]

I almost forgot about this competition this year. I hope I'm not too late. These are my picks:

A1M - Great management, copper producer, awesome exploration projects
HIO - Great Iron ore project
KWR - Lots of potential here
RRR - Massive sulphides = yes, yes, yes.

Just a random selection of stocks I think will do well in 2022. I will post in their threads in the next couple of days.

 

[Miner]

I would pick all these too. But I think I'll pip you, just because my picks are unloved turds that can't go too much lower.

@Sean K and @finicky
Interesting Pip .
As @Joe Blow has not specified the tie in rule so I am assuming if both of you win, then Joe has to award two first prizes.
If he asks you to share, which means the second prize holder will take more money than the first prize holder

 

[PZ99]

Usually if there's a tie for 1st the next runner would be 3rd.

So both winners would get $750 each and 3rd gets the $350

 

[Greynomad99]

Hmmm I don’t know about that
As a fellow Chartist 80% wasn’t bad this year
Last the year before was lack of time

having developed techtrader which did very well over 7 years of live trading and with Pete 2 more technical than Fundamental I think we do and will do fine
The disadvantage of course is that when the trades we pick go south we would be out well before 12 mths but we are exposed for the full 12 mths

Fundamental traders have the same issue them —- may —— have exited well before the 12 mths

Pete is it possible to show if the entry is Tecnical or Fundamentally based Mine are technical.

Agreed that T/A should do OK - just not as well as F/A I suspect. And obviously someone who pursues both disciplines would have an even greater advantage. I'd be interested in the stats as well but I wonder how many choices are stocks that you would go out and put your money on today and how many have an element of a 'bit of a punt' in the hope of a big percentage gain.

 

[investtrader]

Hey Peter,

Can I change SYR to TIE?

Cheers

 

[Joe Blow]

Hi @Joe Blow Monday 3 January ASX and banks are closed in Australia, so may be you extend one day more for closing

I forgot today was a public holiday, so I don't mind extending the deadline until midnight tonight. I can't remember when we had so many public holidays. Six public holidays in the last couple of weeks. Anyway, it is a nice surprise that today is a public holiday. I'm going to have an unexpected slow day and do some weeding and put something in the slow cooker.

 

[divs4ever]

I forgot today was a public holiday, so I don't mind extending the deadline until midnight tonight. I can't remember when we had so many public holidays. Six public holidays in the last couple of weeks. Anyway, it is a nice surprise that today is a public holiday. I'm going to have an unexpected slow day and do some weeding and put something in the slow cooker.

enjoy !

 

[bux2000]

Could I try these please Joe

FMG
A1M
CVV
HYM

Good luck to everyone

bux

 

[brerwallabi]

Agreed that T/A should do OK - just not as well as F/A I suspect. And obviously someone who pursues both disciplines would have an even greater advantage. I'd be interested in the stats as well but I wonder how many choices are stocks that you would go out and put your money on today and how many have an element of a 'bit of a punt' in the hope of a big percentage gain.

All my picks for the year I actually own.
The picks were XF1, NIC, AIS and PAN all four met my criteria from a fundamental point of view.
With the exception of AIS, from a chart perspective all were trending up and from an objective Elliot Wave point of view may have a long way to go.
AIS I have quite a small holding 7500 shares, again from an Elliot Wave point of view it met criteria after a 5 up and 3 down and showing a possible cup and handle over a three year period. The last couple of months it seems to be ranging between 15 to 17 cents on considerably lower volume my thinking is it breaks upwards.

 

[divs4ever]

All my picks for the year I actually own.
The picks were XF1, NIC, AIS and PAN all four met my criteria from a fundamental point of view.
With the exception of AIS, from a chart perspective all were trending up and from an objective Elliot Wave point of view may have a long way to go.
AIS I have quite a small holding 7500 shares, again from an Elliot Wave point of view it met criteria after a 5 up and 3 down and showing a possible cup and handle over a three year period. The last couple of months it seems to be ranging between 15 to 17 cents on considerably lower volume my thinking is it breaks upwards.

i don't hold PWR ( yet ) i didn't hold ABE when i posted the entry , but do , now and hold the other two ( EVN and SIG for several years )

i also hold AIS and am looking to buy more if it dips noticeably below 15c ( where i bought in )

good luck

the Chinese New Year normally takes away gold/copper price support for a a couple of months , but i see a falling US dollar ( compared to most commodities ) but rising costs might be the confounding factor

 

[peter2]

84 competitors so far.

There's got to be approx 20 who participated last year who have not submitted any selections this year.

 

[tech/a]

Natural attrition
May not be on site any longer

 

[peter2]

Here's the full list with their current selections. In alphabetical order.

Please let me know if there's any mistakes, omissions or you'd like to make changes.