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Giorgio
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Giorgio is a weekly stock picker who writes about the next weeks best stock picks during the weekend. Giorgio has an undergraduate degree in Economics & International Relations from Lake Forest College, and is currently enrolled at the University of Illinois at Chicago for an MBA.
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  • Giorgio's Buy/Sell Recommendation 11/13/2009
    Giorgio’s daily buying or selling of a stock based on his convictions for the day.
    Each day Giorgio will make one recommendation using a post market open price to buy or sell the equity/ETF (usually within the first 30-60 minutes after the open, included with the price will be a Stop Loss) and post this blog for investors to follow in the morning. After the market has closed Giorgio records the closing price and reposts his blog for investors to see how Giorgio’s pick faired for the day. Giorgio’s price target for the day is around 1%-2% up from where he has bought the stock.
     
    Once the % difference in open price and closing price is calculated Giorgio will post the net % day gain/loss for the day. Note: Commissions other alternative costs are not taken into account)
    The accumulated amount is Giorgio’s net % gain/loss since the inception of his daily recommendation blog (Note: This is based on a hypothetical $1 starting amount

    WE HIT OUR PRICE TARGET!!!!!!!!!!!!!  and made 1.977%, a good return after two losing days. 
    November 13th, 2009
    Buy: HAL @ $30.34
    Stop Loss: $30.00
    Price Target Reached: 30.94
    Closing Price:
    Daily % Gain/Loss: 1.977
    Accumulated % Gain/Loss: $1.00029
     
     
     
    Tags: HAL, HAL
    Nov 13 9:47 AM | Link | Comment!
  • Giorgio's Buy/Sell Recommendation November 12,2009
     
    Giorgio’s daily buying or selling of a stock based on his convictions for the day.
    Each day Giorgio will make one recommendation using a post market open price to buy or sell the equity/ETF (usually within the first 30-60 minutes after the open, included with the price will be a Stop Loss) and post this blog for investors to follow in the morning. After the market has closed Giorgio records the closing price and reposts his blog for investors to see how Giorgio’s pick faired for the day. Giorgio does not have a target price for the day (although he recommends selling his pick once the equity  has gone up 1%-2% in a day) his trading picks are geared toward the regular Joe who goes to work and can’t watch the market all day, by the time he drives home through traffic the market is CLOSED.  
    Once the % difference in open price and closing price is calculated Giorgio will post the net % day gain/loss for the day. Note: Commissions other alternative costs are not taken into account)
    The accumulated amount is Giorgio’s net % gain/loss since the inception of his daily recommendation blog (Note: This is based on a hypothetical $1 starting amount
    Good Morning: Looking at all of the market opportunities today leads Giorgio to believe investors should turn to notable upgrades by Goldman last weak to pick a daily strong stock today.

    PKX was chosen because it was upgraded to a conviction buy on Octoboer 13th by Goldman Sachs (Price Target $150).  Additionally, the country where the company is based in, South Korea, has seen its economy grow by 2.5% in the third quarter.  last but not least Posco Steel Recently raised their 2009 profit outlook by 23%.


    Bullish news on a great company, should pop soon 
    November 12th, 2009
    Buy: PKX @ $114.91
    Stop Loss: $112.54
    Closing Price: 113.74
    Daily % Gain/Loss: -1%
    Accumulated % Gain/Loss: $.9809

    Well the market sold off a today (maybe mutual funds selling into strength), however the volumes were lower: my impression is that the market still wants to go high...but we wont take that chance over night.  Close this position.  We are not doing se well we are down 2% in two days: however, we WILL vidicate ourselves, tomorrow is another day

     

    Nov 12 10:14 AM | Link | Comment!
  • RAX is a Buy weekness below $19.00
    Yes this stock may have a 91 PE  ratio, however look at GOLD a gold stock with over a 100 PE and has missed its earnings the last 12 (TWELVE!) quarters..and yet it's the hottest gold stock...its obvious GOLD has momentum...and so does RAX

    I began following RAX after its Goldman Upgrade to Buy from Neutral on October8th (Target $23 from $16).

    November 10th, 2009
    This morning RAX gets double upgrades Kaufman Bros. and Oppenheimer. 
    Rackspace upgraded to Outperform from Perform at Oppenheimer: Target $24.00
    Rackspace upgraded to Buy from Hold at Kaufman Bros.  Target 22.50 from $16.00

    The volume however is not too compelling as compared to other Goldman Upgrades (like TS or DWA), however I believe the momentum is still in play
    Tags: RAX, TS, GOLD
    Nov 10 11:01 AM | Link | Comment!
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