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Jim Van Meerten
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Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and attended... More
My company:
Marketocracy Capital Management
My blog:
Barchart Portfolio Blogs
  • Sappi Ltd dleted for negative price trend 0 comments
    Dec 13, 2010 9:59 AM | about stocks: SPP
     I deleted Sappi Ltd (SPP) from the Barchart Van Meerten Speculative portfolio for negative price trends.

    • 40% Barchart short term technical sell signal
    • Trading below its 20 and 50 day moving average
    • Lost 5.10% in the last week
    • Lost 8.73% in the last month
    • Relative Strength Index 41.08% and dropping
    Jim Van Meerten is an advisor to Marketocracy Capital Managementwho uses his model portfolios not only to manage their mutual funds but also their clients Separately Managed Accounts. You can read his blogs about those model portfolios and investing here and on Barchart Portfolio Blogs. Please leave a comment below or emailJimVanMeerten@gmail.com.

    Disclosure: Jim Van Meerten through Marketocracy Capital Management has an interest in the stocks mentioned in this blog.


    Disclosure: I am long SPP.

    Additional disclosure: I'm long but placed a sell order this morning
    Stocks: SPP
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