..the follow up on TRT

We couldn't have been more impressed with this unknown thinly traded tech yesterday. First was the open, a little stalled because of the trade imbalance but perfect in the 8.5 range without exuberance to take it higher..good job AMEX. This provided a excellent opportunity to begin a position for many, the volume dictated there was going to be some interest to last the day. We are impressed by the interns at briefingcom that scour the trading underworld;)... the countless email suggestions only took a few hours to get a column up on TRT. We know this usually takes many days, weeks for the ones we put up over time on a undiscovered stock. Impressive was it didn't get the Briefing chasers to bid it up and leave you on Monday..again good job Amex guy for making so many shares available around $9. Now to the numbers, usually we look for sequential growth and not just look at .22 vs .02 YOY and say wow and jump in as some like to do. In this case it is noted that sequentially the numbers are on par to YOY #'s, so it was a go! There is a turnaround here clearly with nice revenue/EPS growth sequentially/YOY with growth doubling from product sales. I don't think you can find anything negative if you go deeper into the books but you're welcome to try. We like the China connection, we like the insider buying this year. If these shares were on the block at $9, we don't mind at all if it appears publicly soon. The tiny float, the volume and its accumulation under $9 was almost a perfect set for more to come. Yes, its hard to believe we are on a 3rd tech stock in 3 weeks but these are unknown small ones which fit into our books nicely and stay to form of our stock selection. If you believe here we go for a market spin downwards and it happens, TRT might hit a roadblock....we have seen many get stopped in their tracks just because of the timing of their stellar EPS...take that into consideration. This week has narrowed our hitlist to basically a watch list as many have hit their heads against recent high walls (WBD, UIC,CTCM)..all these need a sustained breakout to be traded again....others we sold off early in the week like GROW,AMIE have just fallen off after 25% DJIM moves and we very rarely feed on potential bounces..time will tell as will the question if SYX, SIM run for the roses resumes this upcoming week. So the list this week will be small  but you never know when a new one will appear on DJIM...we hope TRT is this weeks special on the heels of the new entries to DJIM over the last 3-4 weeks. Quality over quantity here!.

Update on Sunday, September 24, 2006 at 01:37PM by Jon

To sum it up, TRT is exactly the kind of small cap play we are looking for given the events that took place on Friday 22nd.    We believe that this stock could be the first major winner of this fall quarter.   It may be a semiconductor company, but the earning speaks for itself and more importantly, action suggests the stock is in play for a movement up.    Then there's this 2.2 million float.    It is imperitve for a small cap to have a tiny float in order to run like a champ.    Between me and demi, we practically have played every single small cap runner that had a tiny float within the past few years.   The most satisfying runners, are of course the ones that were triggered by a suprise upside earnings quarter.     Now this co. may not deliver another impressive, growth oriented quarter like they did this time, but we are really tryiing to only play out the psychological thinking for the next couple of months.   In another word, we are trying to play the expectation for the next earning report.      This also brings to another point where this co. has no analyst coverage and very low institutional sponsorship.   The advantage of that is that you can run your wild guess on the co.'s growth and earning estimate for next q, next year and etc.    DJIM bought quite a few shrs of TRT on Friday and will trade it very aggressively in the coming weeks.    We feel that even though the mkt is sluggish, but it's hard to imagine the mkt would crash at the beginning of an earning season.

DJIM-BT's Sunday chart skool...SYX

Update on Sunday, September 24, 2006 at 01:58PM by Jon

Just a small note on SYX!   Even though SYX acted like it had a "reversal" on Friday, this IBD play in our opinion is far from over.    It took HSR, COGO.... at least a couple of attempts to get on the IBD list and none of them had the 99 99 rating.    Thankfully, SYX can not be dragged down by oil price like BTJ did.    So odds is still favouring very much on the long side on the pullback. 

$2 dollar ticket on...

We didn't get too excited with todays end of the Q buying. Most of the DJIM stocks have had their buying and are way off the highs they enjoyed with us. We are not chasing any at these levels as pointed out this weekend (those highlighted). We want to see them trading near the highs again or have a strong reversal.  We prefer to look at the new names we included last week ...NGPS(nch), CSH.... TRT got a little out of hand at the open, but provided some nice entry points when it pullbacked today. 

This took a little work but I got Jon to share in a $2 dollar ticket;)......ACOR and $10 ...sometimes you just gotta have some fun and let some ride.

CPY (nch)new closing high.

Update on Tuesday, September 26, 2006 at 07:53AM by Demi/ YourPersonalTrader

We do say we go where the volume and momo appear, so it's no surprise we got dragged into ACOR yesterday. This a purely a story stock now, sort of reminds us of the the enthusiasm for NTMD when it came on the scene. Noticed this morning it was well over $9 AH after closing at $8.50. We may get our $10 target sooner than we thought, maybe more as there are 3 targets we've seen ($12,14,14) in the last 24 hours. This is a special situation stock with lots of volatility in store short term . There is some room to move if you can trade it carefully. What started as a $2 ticket..grew a bit by the end of the day for us. Still this is not to be confused with anything like TRT.

DJIM -update SYX, ACOR

If you got a spare eye to use from ACOR..SYX looks to be doing what we have said to watch out for. We have gone back in some. Even with ACOR AH price, this one is added to the 25% DJIM club move as it trades in the $11's.

DJIM-CPY just celebrating its 50

This crawler profiled Sept12 has kissed $50 on a clean break with some early vol. If 50 plays a psyc wall, pullbacks are a win anyways.

DJIM updated holds/ hit listd

Those following DJIM must've noticed we entered the week without passing on a hitlist for the week. Last week we dropped up to 7 off our list as they pullbacked from DJIM high runs...the AMIE, GROW's etc. Instead of waiting for these to bounce we decided to go shopping this week for some fresh meat if the market allowed for such. We already had the steak in TRT from Friday and a bounce possibility we were waiting for in SYX plus a few well behaved carrots in CPY, CETV, TWLL, SNCR still on the plate. If we fall in love with the stocks that gave us amazing runs like EDU from 22, AMIE 29...we would be nowhere holding them right now waiting for a bounce.. Instead a clear head and free cash has allowed us to replenish our DJIM hitlist quickly and even enjoy a wild ride on ACOR. So far this week we have positioned back in SYX....as noted in MarketChat IAAC was becoming a possibility again as it came to $22 today. Once it was evident IAAC was clean over its 9ema we recycled in and watched it close strong ($23.60). The 27MM PPlacement seems to be behind it at least for today. A steady dip on light volume made us step up and get some more TRT in the mid 9's today. On the day our recent IPO runner from $22 EDU retraced all of it's DJIM gains, we found ourselves in MR($16.40) a medical device co from China IPO'ng today that closed very strong...if EDU bounces here we could have it back in DJIM books shortly. Keep an eye on it, you've seen it run once. Also added was DGIT($10.25), the guidance was nice but the chart is just as nice.

DJIM recap ..IAAC, EDU, TRT, SNCR

... recap of some trading opportunities today from DJIM list.

What we have here at DJIM is 3 sets of eyes interested in the same type of stock, helping each other and passing it on. Our strategies, techniques might be different in some respects but the goal is all the same.

IAAC was alerted to yesterday in MC as it came to its 9ema just underneath $22 with some force. The remark "BT get the charts out" is that after one sees the possible move coming another like BT can put up charts and give clear signs of where (R)esistance might come into play. Knowing where the R is essential when a stock takes off so you can act accordingly and hold onto your gains. In IAAC's case a couple of points. Last night BT pointed out $24 would have to be taken out with force. The force was not there and we had the perfect place to exit and look for another possible entry as BT was.

EDU- last night we talked of a possible bounce at $22, the original trade entry on EDU. Seems like it couldn't wait to bounce and gapped this morning. We did enter but like IAAC feel this is a chart trade for the moment. The EDU chart has the 50ma to consider, like IAAC you might want to exit if you do not see the force in taking this out. No fun hitting your head against a wall for too long. 

TRT- adding yesterday was quite fruitful as is every opportunity where the weak hands decide to lose their shares of TRT at this point. Even today was a gift to some as it fell intraday. Like EDU, if you follow the DJIM you had yourself a nice 6-7% day. TRT opened under $10 and ripped to $11 in the morning.

SNCR- mentioned this one in MC today at 70K in volume. The edgy SNCR was in full bloom as someone came in to play with the bid later in the day but had no sellers. The volume which averaged 30K the past 3 days doubled after our mention to 150K. The day after we profiled SNCR this action caused a fast rise to over $11 on these shenanigans as the ask was chased by a 50K lot. Added some today to see what the fuss is about..maybe tomorrow we'll know. A opp for a quick trade seems to exist if thats your game, a possible longer term trade if the software game stays warm.Notice the quick move intraday and volume end of day.

End of Q dressing inc.index moves..SNCR,TWLL

The Russell 2000/3000 will most likely be adding a few DJIM IPO names shortly( tomorrow)...SNCR, TWLL and even the hurricane/homebuilding play PGTI.

Tomorrow, Tomorrow...RIMM for DJIM?

RIMM for DJIM?. If this stock closed at 8.60 and you had a chance to buy it at 9.99 AH..would you based on the % jump in guidance?. ..we would and we did..sort of....the only difference is paying about $100 a share in a starter position..now we wait for the premarket analysts comments for further action. Using our benchmark of getting a 25% move, we can't say $125 is out RIMM's future...besides we need some Canadian content and paying '99' as hockey season approaches seems quite fitting for us. Of course not a small cap, RIMM still falls in the 'earnings story' and 'momentum' categories we follow. Most importantly since we have a few techs... we hope RIMM brings a nice tech rally to end the Q tomorrow...Not that DJIM's needed any help as witnessed by todays action, but a hand from the overall market would be nice for a change.

Co issues upside guidance for Q3, sees EPS of $0.88-0.95 vs. $0.77 consensus; sees Q3 revs of $780-820 mln vs. $700.23 mln consensus.

Update on Friday, September 29, 2006 at 07:46AM by Demi/ YourPersonalTrader

Like the way they are thinking this am-  Research In Motion tgt raised to $140 from $100 at RBC ,  ThinkEquity upgrades Research In Motion (RIMM 86.06) to Accumulate from Sell and raises their tgt to $115 $45 following earnings.

DJIM wk#7 holds/ hit list

Not many changes heading into the first trading week in October. DJIM reshuffled the list early in the week. http://djmarkets.squarespace.com/journal/2006/9/26/djim-updated-holds-hit-list.html

Last week was highlighted by the TRT run, the re-entry on SYX for a 2nd run for the roses which ended with IBD#2. Both of these have been highlighted here in detail for the past few weeks and a little or a lot of locking in profits is always a good idea. The week also saw the recycling program in full bloom as we unlocked a few nice trades highlighted in MC/Journal... IAAC(twice), EDU off $22 and a quick SNCR bounce off the 9ema and the biggest in ACOR. We added MR an IPO, DGIT which raised guidance as well as giving RIMM a whirl on their big guidance hit.  On friday, 16 of the 19 IPO's that were added to the Russell 2000 friday night got taken down an avg of over 3% to fill, each taking a reshuffle trade of $100-700K at the close, at or near the days low. SNCR and TWLL were victims of this and are on the DJIM ropes. The action friday was definitely skewed for all the IPO's but unless these two reverse quickly their time with us might be over after a few nice trips.  CPY, CETV acting fine, watch the charts.  All charts refreshed for Mondays trading.

EML

EML was developing a latch for Humvees in '05, last week was the pay off as they received a first order and then a second from Armor Holdings (AH) to retrofit humvees. The 2 contracts worth "31 mln" will be split between the next 2 Q's (sales to hit between SEPT-MAR).. Eastern makes about 100mln in Revenue a year....hmmm nice bump coming as soon as next report.  The stock is extremely thin but moved nicely late last week due to a 3/2 split announced. The real news is the contracts that were not released in a official PR but sit quietly in the sec. filings. The chart is nice, the split works and the potential for thousands of more HV's to be retro-fitted and therefore revenues climbing. Added to DJIM holds....wanted to intro this on a dip but now not sure that will come soon enough. This falls into our crawler category we've had some luck with..AMIE,CPY

this on AH today from PRUD...Firm says the FY07 bridge Supplemental included funding totaling $1.6 bln for Up-Armored Humvees and $794 mln for medium trucks. Firm believes some of this amount would have been included in the baseline FY07 Supplemental. Firm says the fact that U.S. troop levels should be sustained at current levels through the spring of 07 could entail additional Humvee and FMTV funding in the next Supplemental. Firm says AH provides the FMTV trucks and is one of two suppliers of armor kits for the M1151/1152 Humvee. Firm says the change in their est is due to higher assumed deliveries of armor for the Humvee as well as FMTV trucks

Nine lives for DJIM recent winners...TRT,SYX,ACOR

There is just something about DJIM type strong stocks and the 9ema on the initial ramp up. This is partly why we say take some off after nice gains, a second chance should and will most likely come. You could see by the wicks on the TRT chart 12.50 was a head banging experience going nowhere yet. We spoke of a PBack and a quick one occurred today with the 9ema serving as support and renewed buying....'Recycle', the selling was not on strong volume......Same is true for SYX, we told you about the first opp at the 9 that took it to recent highs...today you got another reversal off the 9.   ACOR to the 9ema area and then turning big time late in the day. Jon mentioned it just past 2pm as a 'developing bounce' at $9.50...I think developing was too vague as it trades near $12 AH. Looks like a copy of ACOR's first mention on DJIM..a gap into the morning off the 11.50close. This one has the shorts scrambling..

Update on Wednesday, October 4, 2006 at 09:14AM by Demi/ YourPersonalTrader

Follow ups this morning in MChat on ACOR. Financing announced, we stepped out.

DJIM holds/ hit list#8

Time is flying by with not many changes to the DJIM list from week to week as we run into earnings season..hopefully to ride a thoroughbred or three. We don't care where the finish line might be, we don't care if they only go 6 furlongs/a Quarter or a mile and a half for a few Q's. The point is to get your share of the 'purse'. Anyways...why should we tweak with what's working for us and from what we hear for many of our readers. What happened this past week was more than a break of some of the tops on the indexes, this move included an exodus from commodity related issues in a big way that was felt around the world markets. One area to stay clear..definitely. So...the uptrend continued in the markets early in the week but the DJIM's RUT type stocks were having a hard time getting out of bed and going to work...by the time hump day Wednesday passed, the work week really started to roll for these laggards and they pushed hard so we all could enjoy a good weekend.  It is obvious from our Journal where the concentration sits with our DJIM stocks recently...TRT, SYX and flash in the pan ACOR..RIMM. 

TRT needs its own paragraph. We threw out the PR bone of TRT increasing capacity in their Singapore plant by 20%. Did you go hhhhmm what should I do with this info??. We sure did and with the timing of the pullback to the 9ema it was perfect timing to buy more as noted  You don't increase capacity by 20% unless you got work to do!!. The backlog keeps inching up..more to come?, maybe as the PR machine is announcing contracts now. Friday morning we got a taste of the 20% with the contract announced by TRT. When we introduced TRT in the $8's, one of the things we said was we don't care if the insiders sell this first leg as the float and interest would swallow it up and move on. If you did some DD you might have noticed the buying of TRT by an insider all year...this was the one we sort of feared as a seller..not the CEO,CFO..and a few others with titles. Guess what..the CEO etc sold some but guess who's been busy this week BUYing...A HA!...he's back!  http://www.form4oracle.com/company?cik=0000732026&ticker=trt

Speaking of lining up the ducks...did you see the fat duck with 60k block at 13.25 show up and get swallowed up hole in a second near the close. You can't ask for anything better.

TRT archive:  http://djmarkets.squarespace.com/journal/2006/9/23/the-follow-up-on-trt.html

SYX.  http://djmarkets.squarespace.com/journal/2006/9/15/syx-1340.html  ....keeps rolling along..what else can you say, slow and steady now. You knew it was a matter of time before it kicked that growth off the IBD#1 slot. Fittingly as it makes it to #1 it makes the DJIM 25% list/benchmark officially...the 9th stock to reach this goal, many have been for much more than 25% since DJIM was introduced late August.

The craziness spilled into ACOR, our "$2 dollar ticket" to possibly hit the trifecta has turned into a habit of going back to the track almost daily. Been there, done it..can you tell..lol. This week was the 3rd charm as we bot the low 11's and watched it turn into a wild horse with all of you. We have discussed this type of play in detail and will continue to look for opportunities to re-enter. As we said in MC before this ride to the high $16's...this ain't through just yet. We still feel this way as stomping the shorts probably is not done with. Watch for PPlacemet to be announced as completed for the next possible play opportunity.

RIMM..the black sheep of the DJIM family in size has acted nothing like it as it's put in some nice points to the upside as well. Since our AH buy and profile it has come back to our price before catching the winds and climbing 12% for us by friday, hitting $112+ before giving some up to the profit takers heading into the weekend. Maybe it was just Lemieux and the Penguins hacking away as RIMM climbed and climbed.

IAAC...doesn't it just feel like it will catch the volume and explode up?. Since we've been following from the 12's it has always received volume out of the blue. As it creeps higher, it feels inevitable....number 10 on IBD might just produce such interest again...a refueling of sorts.

That's the cream of the DJIM crop last week with most of our efforts and therefore dollars concentrated on. When things roll it is easy to lose sight of others...the DGIT's of the world. The CPY, CETV, EDU, MR have made nice returns, some just for quick trades and sit quietly in a range as we wait for a move to gain interest again. These are not losing anyone money, the story is still there and we hope to play these more again.  EML..a crawler we mentioned before the pullback we actually wanted..is near the 9ema and next week has its record date on the 10th for the 3 for 2 spilt. AZZ'zzzz is snoozing with volume drying up last week, the chart looks like it drew a flagy thingy for the past 6 sessions and its about time it picked a direction. Considering the earnings... still betting to the upside. Also an eye on past DJIM listed stocks..ANGN, TWLL as they knock on high's doors.

As EPS season starts keep tuned to the "Extended Trading"  thread in Market chat before and after regular market hours. Many of us like to play and enter positions early or use the extended hours for a fast trade. We look for your input in catching something good.

COMP/NASD100

DJIM stocks

By 10 am we pointed a certain 'stall' we were feeling in the mkt...by end of the day a deep snooze ensued as we kept hearing of the 'stall' and feeling it...a tick off resistance, a tick off support for the eg.nasd... the DJIA which now has 4 little stick man to show for the last 4 days...tell you the truth the feeling was more of malaise early in the morning..maybe it was last nights drink(s)...but more likely just an uneasy feeling for the market with our TRT, SYX, RIMM's near their DJIM highs. Best thing for us to do is try to lessen our exposure some more when our gut is telling us something, a load we all should have been reducing the past few days as the TRT, SYX are a good 40/60% since we introduced them... plus both stocks have provided a re-entry at 9ema for a second ride. Nothing is wrong with the stocks..its just where they are and how far they have come.... IAAC too since the reversal.  Lets not get greedy. We will now wait for a nice break and/or a nice close to get back what we have let go. If it becomes a pullback we will gladly add a 3rd time to some of these names. What might happen in the near future is a very volatile market depending on who is releasing that day...one good report...one bad report and so on taking the market with it, we'll stay on our toes but won't sway too fast one way as things can change by the next big name report.  Some of the stocks in our list are seemingly in a similar position to where EDU was yesterday...trading in a tight range. Except the CETV,CPY, DGIT sit near DJIM highs and seem to have found some sellers at these levels. Just like in EDU's case today or AZZ's yesterday.... we are waiting for confirmation of a move before adding...a move that will hold a break to the upside by end of the day. You don't want to hold a move like ANGN's yesterday where the break does not hold later in the day. Anyways, EPS season is here and extra cash to use is not a bad thing to have sitting around.  For those looking for intraday action...ACOR, NRPH provide plenty of squeeze for the day.     Charts updated for tomorrow.

So it wasn't the drinks...

good!...but just sensible trading and a little gut work at work yesterday on the Journal. If our strategy to continue to take profits, lessen the load at the recent levels reached by the DJIM stocks wasn't enough...well... then the charts should have drawn you some lines in the sand for your exit in SYX,IAAC. There is no reason to keep the charts up for SYX, IAAC as we don't actively seek bounces, especially now as earnings season is upon us. Some comfort is the sell off in TRT and quick recovery which signals a resilient stock to us. Last night we said it never hurts to have extra cash on hand....today some of it was used to pick up an old favorite BVX which opened at 7.35 and now 8.5 AH. We mentioned DGIT today at 20K volume...end of the day it closed at a NCHigh and volume of 110k....but...the real volume hit BVX after 1pm breaking volume highs when we traded it earlier this year.

DJIM hold/hit list charts updated for Thursday at BT charts.

Update on Wednesday, October 11, 2006 at 05:58PM by Demi/ YourPersonalTrader

Remember this from the weekend DJIM#8...Director doing the buy

"Speaking of lining up the ducks...did you see the fat duck with 60k block at 13.25 show up and get swallowed up hole in a second near the close. You can't ask for anything better"

 http://www.form4oracle.com/company?cik=0000732026&ticker=trt.