I am touting and shilling like crazy. Read John Mugarian. Even if I spelled his name wrong, he knows his stuff and appears to have a bias towards the little guy.

For the record...

People who think Robert Kiyosaki's advice are screwed!

But maybe now is the bottom! These goofs better hope so.

It is a long way down to $300 and ounce when you are leveraged.

One process, one stock

Ran a little experiment today. I went to the MSN stock screener and searched for stocks with:
1.) P/E less than 10
2.) P/B less than 1.2
3.) Debt to Equity less than 2
4.) Current Ratio of at least 1.5
5.) Some dividend

And I came up with the following list:
REMC,CQB,HDL,ABRI,ILX,IBA,LEV,NAFC,MHO,
OSG,BAK,SPF,PORK,ELRN,CRV,GMR,TNP,MDC

Since I already own 2 homebuilders and Home Depot, I eliminated them. They are: LEV, MHO, SPF, and MDC. Although I would buy MDC here.

I have exposure to oil shippers, so get rid of OSG, GMR, and TNP

I already own NAFC also.

For the rest:
REMC, CQB, ABRI, BAK, ELRN, and CRV are eliminated due to negative earnings in the last five years.

IBA and PORK are out because information is too hard to find.
HDL has no growth in the five year comparison.

That leaves, drumroll please, ILX. I will check it out get back to you.

I have no position in ILX and have no idea what they do...yet.

Worst. Week. Ever.

Ok. I am down 4.78% in one week. Will I pack it in? Will I start reading IBD again? Am I wrong to buy and hold the weak and hold until resurrection?

No.

The list of last week's pigs is long: COMS, TLAB, COHU, LRCX, KLAC, IPAS, AVCI, AMSWA, AOI, EXPE, LENS. I remain a holder (bag holder) to them all. I wish I had something witty to say about all this but all I can come up with is: Their losses appear a tad overdone.

We sit and hold. We have a new week. We are still up 12.29% for the year.

Expedia (EXPE) cracked $15 bucks but is bouncing back.

Who says buy and hold doesn't pay.

I will be back later.

Why, oh why, do I try various styles?

Last year, I picked up some Expedia spinoff shares. Joel Greenblatt says pick up spinoffs, right. How are they doing? Oh, just wonderful. Without charges, they still missed estimates by 7 cents.

Will they turn around? Who knows. Revenues are not growing. Perhaps hotels.com, southwest.com, travelzoo, and the host of others are cutting into business.

I am very tempted to sell. But tomorrow, these guys will be selling below their book value.


Hhhhhmmmmmmm.

Nevertheless, I have tried following Value Line, IBD, and now spinoffs. Yet I only have success when I look at the ratios then the annual reports. Call me a contrarian.

It's ok. It seems to pay.
****************************
Other disappointing spinoffs that I have bought: THS and ABD.
Even DISCA does not move ever.

Some websites to check out for stock ideas:
Stock picks
1.) Magic Formula Investing: Suppose you want cheap stocks that earn well. Check this site out.
2.) Reuters Stock Screener: Free stock screener with alot of bells and whistles.
3.) MSN Stock Screener: Another freebie with some cool variables.
4.) Guru Focus: Tells you what the really good investors are doing.
5.) Graham Investor: Shows you what the ol' master might like.