Wow, What A Return

Written by GSCR Staff   
Friday, 15 February 2013 02:00

I bet you are asking yourself, now that we are midway through the first quarter of 2013, how are those blog picks working out?  Well, maybe you haven’t, but we have. Without further ado here is a snapshot of our mid-1Q13 blog stock pick performance.

As you likely recall, the daily blog objective is provide you daily insight into stocks that we believe could make a big move in the short term, as in a matter of weeks. Sometimes we get it right and other times we do not.  The most important thing is for the performance of right calls to be far greater than the wrong calls. By that measure, it looks like “mission accomplished.”

As of the close of the market on February 14th, we have highlighted a grand total of 21 stocks, year-to-date, under our Market Monitor blog posts. As you can see by the table below, our top 5 picks are up an average of 28% in 30 days or less, while our bottom 5 performers are down an average of 8.2% for the same period.

Figure 1:  Top and Bottom 5 Stocks for Goldman Small Cap Research 2013 Blog

(Stock Price as of the close 2/14/2013.  Cost is market price of stock at blog publication)

image1

The Big Winner

JFBI is just on fire!  It has surpassed our $5 level and then some.  As we mentioned in the original blog post, there really is no news or backing fundamentals, but the stock continues to climb.  The charts remain bullish in the short term but selling a portion of the position is a prudent move.

The Big Loser

Noranda Aluminum (NOR) was probably the only real ‘stretch’ we had, and we were probably more optimistic than usual based on the Alcoa 2013 outlook.  It may be time to cut your losses if you bought this one.

Overall we give ourselves a midterm grade of a B+.  Look for more picks again starting next week as we try and hit that A by March 31.

Have a great long weekend!

Disclosure: Goldman Small Cap Research analysts are neither long nor short these shares but may elect to purchase the stock within the next 48 hours.

Disclaimer:

This Market Monitor blog was prepared for informational purposes only. Goldman Small Cap Research, (a division of Two Triangle Consulting Group, LLC) produces research via two formats: Goldman Select Research, which typically highlights small cap companies, and Goldman Opportunity Research, which features micro cap companies in a sponsored research format. Thus, the Select product reflects the Firm's internally generated stock ideas while the Opportunity product reflects sponsored research reports.

It is important to note that while we may track performance separately, we utilize the same coverage criteria in determining coverage of all stocks in both research formats. Please view the company's individual disclosures for each engagement, which can be found in each company-specific report. All information contained in this blog, newsletter and in our reports were provided by the Companies or generated from our own due diligence. Our analysts are responsible only to the public, and are paid in advance to eliminate pecuniary interests, retain editorial control, and ensure independence. Analysts are compensated on a per report basis and not on the basis of his/her recommendations.

The information used and statements of fact made have been obtained from sources considered reliable but we neither guarantee nor represent the completeness or accuracy. Goldman Small Cap Research did not make an independent investigation or inquiry as to the accuracy of any information provided by the Company, or other firms. Goldman Small Cap Research relied solely upon information provided by the Company through its filings, press releases, presentations, and through its own internal due diligence for accuracy and completeness. Such information and the opinions expressed are subject to change without notice. A Goldman Small Cap Research blog, report, note, or newsletter is not intended as an offering, recommendation, or a solicitation of an offer to buy or sell the securities mentioned or discussed.

This blog does not take into account the investment objectives, financial situation, or particular needs of any particular person. This blog does not provide all information material to an investor's decision about whether or not to make any investment. Any discussion of risks in this presentation is not a disclosure of all risks or a complete discussion of the risks mentioned. Neither Goldman Small Cap Research, nor its parent, is registered as a securities broker-dealer or an investment adviser with FINRA or with any state securities regulatory authority.

ALL INFORMATION IN THIS BLOG, REPORT OR NEWSLETTER IS PROVIDED "AS IS" WITHOUT WARRANTIES, EXPRESSED OR IMPLIED, OR REPRESENTATIONS OF ANY KIND. TO THE FULLEST EXTENT PERMISSIBLE UNDER APPLICABLE LAW, TWO TRIANGLE CONSULTING GROUP, LLC WILL NOT BE LIABLE FOR THE QUALITY, ACCURACY, COMPLETENESS, RELIABILITY OR TIMELINESS OF THIS   INFORMATION, OR FOR ANY DIRECT, INDIRECT, CONSEQUENTIAL, INCIDENTAL, SPECIAL OR PUNITIVE DAMAGES THAT MAY ARISE OUT OF THE USE OF THIS INFORMATION BY YOU OR ANYONE ELSE (INCLUDING, BUT NOT LIMITED TO, LOST PROFITS, LOSS OF OPPORTUNITIES, TRADING LOSSES, AND DAMAGES THAT MAY RESULT FROM ANY INACCURACY OR INCOMPLETENESS OF THIS INFORMATION). TO THE FULLEST EXTENT PERMITTED BY LAW, TWO TRIANGLE CONSULTING GROUP, LLC WILL NOT BE LIABLE TO YOU OR ANYONE ELSE UNDER ANY TORT, CONTRACT, NEGLIGENCE, STRICT LIABILITY, PRODUCTS LIABILITY, OR OTHER THEORY WITH RESPECT TO THIS PRESENTATION OF INFORMATION.

For more information, visit our Disclaimer: www.goldmanresearch.com  

Add comment
  • No comments found