Investor. Mission: Help people make money. Degree: Chemistry from NC State University. Featured author of Momentum Options Weekly Wrap (http://momentumoptionstrading.com/ )Follow me on Motley Fool Caps at http://caps.fool.com/player/modestus1.aspx .For short-term ideas about big movers, follow my StockTalks. But please note I am not the best short term stock picker. I am 7-0-1 in the long term, but 0-3 in the short term. If you want better short term pickers, I recommend Michael Filloon and Alfred Little.Over the last 12 years, I am 7-4-1. I was up 130%, 29%, 15%, 3%, 19%, 25%, 56% from 2001-2007 respectively, and down 39%, 39%, 79% from 2008-2010 respectively. In 2011, I was flat, but some ill-timed trades (should have held AG) caused a loss of 17% and 14% in 2012 and 2013. Note: gains and losses include transaction costs. 2009 and 2010, I traded frequently, adding up transaction costs. That is why I favor longterm holding over shortterm trading.I invest in all stocks. I don't agree that US stocks are the safest. Want a safe stock, try TEVA. It did not fall much, or at all, during the credit crisis. And generics are the future.Being a chemistry graduate, I tend to focus of the drug, medical, biotech, and chemical industries. So far, I wrote about 5 medical companies (RPC, OREX, KV.A, PLX, & XOMA). OREX and KV.A were right on target, though KV.A has fallen back hard after reaching their highs, which surprised me. PLX was half right: it did get a negative letter from the FDA, but the options strategy was wrong. For RPC, so far, I have been wrong, and exited my position in mid-May. XOMA also has fallen since I wrote about it.However, I also cover diverse stocks, from BIDU to NCT. Ignoring other industries is a big mistake. I look for stocks I find undervalued on both a value perspective and a growth perspective, but placing more emphasis on growth. I combine both fundamental and technical analysis. The fundamentals only tell you part of the story.Anybody can make money. Don't let Wall Street analysts manipulate you. Their analysis is good, but don't take everything they say. Good luck investing, and I will do everything I can to make you money.Oh, and I invest in rather risky stocks with high potentials. If you are nearing retirement, I don't recommend you copy my portfolio. I will label my stocks with the risk/reward factor. I am adding a watch list with some stocks for retirement investors that I like. All watch list stocks are long term holdings. Current holdings: BRK.B (very low risk/medium reward) NRZ (medium risk/medium reward) EXK (medium risk/medium reward) SNR (medium risk/medium reward) NCT (medium risk/high reward) HOV (medium risk/high reward) FRO (medium risk/high reward) AMD (medium risk/high reward)RGSE (very high risk/high reward) SUNE (extremely high risk/very high reward) Watch list: AG (medium risk/medium reward) YRCW (very high risk/very high reward)GTIM (medium risk/high reward) BOJA (medium risk/high reward)CVRR (medium risk/high reward)SWKS (medium risk/high reward)JAZZ (medium risk/high reward)NFLX (medium risk/high reward)LVS (medium risk/high reward)SAM (medium risk/high reward)CMG (medium risk/high reward)ZNH (medium risk/high reward)RDY (medium risk/high reward)MNK (medium risk/high reward)YZC (low risk/high reward)AVGO (low risk/medium reward)CF (low risk/high reward)TTM (low risk/high reward)NVO (low risk/high reward)BIDU (low risk/high reward)PCLN (low risk/high reward)CLF (low risk/medium reward)AAPL (low risk/medium reward)GOOG (low risk/medium reward)TEVA (low risk/medium reward)CIM (low risk/medium reward) - dividend stockTNH (low risk/medium reward) - dividend stockGOL (low risk/medium reward) - dividend stock
David Sims is the managing member of RidgeHaven Capital LLC. We prefer distressed equities and value investing. The firm was established to manage wealth with an eye on fundamental value, but also an understanding of technical trends and market behavior.
David is a Certified Public Accountant and previously worked as an auditor at a Big 4 accounting firm, SEC Reporting Analyst and financial systems administrator at a small private company.
Find the Sims On Finance Investing Podcast on iTunes, Tune In Radio, and Player FM radio.
Started studying charts 10 years ago during my "free" time (remember that?) - had the "aha" moment... - and keep learning from it as time passes. Social Security and 401K's aren't gonna cut it probably and nothing's getting cheaper. There is a flow in any market - we are here to monitor the flow - the roller coaster - and it's fun after you learn not to get burned. BTW - you will get burned once in a while...
I am interested to learn more on investment. I am pretty upset with the market these days, and figured that I have to take charge of the matter in my own hand. I had over 10+ investment experience, and majority of my investment are in real estate. I would like to learn more about trading in stock market as I start to have doubt on "buy and hold" (which basic is the long) philosophy in investment arena. My current market view is short term long, and long term short.