Jim Van Meerten's  Instablog

Jim Van Meerten
Send Message
Jim Van Meerten is an advisor to Marketocracy Capital Management and writes on financial subjects here and on Barchart Portfolio Blogs and Seeking Alpha. He earned a BS in Accounting and Business Administration from Berry College; a Juris Doctorate from the Woodrow Wilson School of Law; and... More
My company:
Marketocracy capital management
My blog:
Barchart Portfolio Blogs
  • 3 Hot AMEX stocks - 1/4 0 comments
    Jan 4, 2011 1:37 PM | about stocks: PLX, TSH, IEC

     When I say hottest stocks I'm not talking revenue, earnings or fastest price appreciation.  My idea of hot is how many times this stock hit new highs recently.  I use Barchart new high/low screens then sort for frequency.  These are not buy recommendation but you might want to add these to your watch lists.

    PLX - Protalix Biotherapeutics  -- is engaged in the provision of practice management services to the Affiliated Practices pursuant to long-term Administrative Services Agreements with separately organized affiliated professional associations. Under the Administrative Services Agreements, they have control over all non-orthodontic functions of the PA Contractors, including administrative, management, billing and support functions.

    • 96% Barchart technical buy signal
    • 19 new highs and up 16.17% in the last month
    • Relative Strength Index is 69.09% and rising
    • Trades around 10.13 which is well above its 50 day moving average of 9.30
    TSH -- Teche Holdongs --   operates as the holding company for Teche Federal Bank that offers various financial services in Louisiana. Its consumer and commercial deposit product line includes checking accounts, money market accounts, savings accounts, demand and NOW accounts, and certificates of deposit. The company’s loan portfolio comprises one-to four-family residential real estate loans; construction loans; multi-family and commercial real estate loans; commercial non-real estate loans; land loans; home equity loans; and consumer loans consisting of loans secured by deposits, home equity loans, automobile loans, mobile home loans, and unsecured personal consumer loans. As of September 30, 2009, Teche Federal Bank operated 20 offices in St. Mary, Lafayette, Iberia, St. Martin, Terrebonne, upper Lafourche, East Baton Rouge, St. Landry, and Ascension Parishes of Louisiana. The company was founded in 1934 and is based in New Iberia, Louisiana.
    • 96% Barchart technical buy signal
    • 17 new highs and up 8.75% in the last month
    • Relative Strength Index is 69.26% and rising
    • Trades around 34.70 well above its 50 day moving average of 32.28
    IEC -- IEC Electronics -- a full service, ISO 9001 and 9002 certified, contract manufacturer employing state-of-the-art production utilizing both surface mount and pin-through-hole technology. IEC offers its customers a wide range of manufacturing and management services, on either a turnkey or consignment basis, including design prototyping, material procurement and control, concurrent engineering services, manufacturing and test engineering support, statistical quality assurance and complete resource management.
    • 96% Barchart technical buy signal
    • 17 new highs and up 29.83% in the last month
    • Relative strength Index 76.60% and rising
    • Trades around 7.76 which is above its 50 day moving average of 6.22
    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 have no positions in any stocks mentioned, but may initiate a long position in PLX, TSH, IEC over the next 72 hours.
    Stocks: PLX, TSH, IEC
Back To Jim Van Meerten's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers


  • $EXEL - 96% technical buy signals - 16 new highs and up 39.23% in the last month = Relative Strength Index 86.09
    2 days ago
  • $FARM = 100% technical buy signals - 19 new highs and up 19.51% in the last month - Relative Strength Index 82.78%
    5 days ago
  • $WIN - 96% technical buy signals - 16 new highs and up 19.76% in the last month - Relative Strength index 75.56%
    5 days ago
More »

Latest Comments

Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.