By Fiftybillioncent
If you don't have Russia in your portfolio then you have been missing out. Russian stocks have been some of the best performing in the world. Russia has been raking in tremendous profits from its large oil, gas and mineral reserves. Wealth is rapidly changing the vast country as the middle class has grown to an all time high. However, it's not too late to get in on the action. Investors may get a rare opportunity as the markets start to cool. Wimm-Bill-Dann Foods OJSC(NYSE:WBD) is the largest Russian dairy, juice, bottled water and baby food producer. WBD is in a unique position as Russia is experiencing it's highest birth rates since the collapse of the USSR. Much of this is due to the fact that more and more couples are feeling financially secure enough to start a family. Yet, another primary reason for the boost in birth rates is due to the Russian governments program which pays couples thousands of dollars for having children. This program allows a young women to receive "a government hand-out of $9,000 - equivalent to about two years' income for most Russians - simply because she has more than one child." WBD is also in a unique position to profit from emerging markets as it has phenomenal exposure to Eastern Europe and the former Russian satellites Georgia, Kyrgyzstan and Uzbekistan. While higher input costs like grains and fuel have hurt WBD's bottom line, it still enjoys extremely high growth and profitability. WBD has a solid balance sheet and very little debt. The predicted weakening of the Russian market over the next two week may provide an opportunity to start a postion in Wimm-Bill-Dann. Conservative investors may want to hold off until WBD hits it's most recent low in the high $80's, however getting in at any price under $100 may be wise as WBD is already undervalued.
6 comments:
Hope you saw what happened to COIN today.
http://stockcharts.com/h-sc/ui?s=COIN&p=D&yr=0&mn=3&dy=0&id=p95223816506
That is quite the reversal bar. Coin likes bad volatile markets. It needs to consolodat here, or it needs to push up through resistence (about $7.40) on volume with the 9 crossing the 20. I day traded it today. In at $6.15, out at $6.77.
DWRD
Yeah ok...COIN daytrade in at 6.15 out at 6.77 is BULL. Look at the fuckin chart and see for yourself.
Maybe you need to learn to read more than a daily chart and how to set alerts. Coin is on volume spike alert on my port. 10:30 they were featured on CNBC and the spike began (thus my alert went off). I caught the end of the first 15 minute bar at 10:45 (bar's range was $5.57 to $6.48.) I caught the second 5 minute bar withing that 15 minute bar @ around 10:50AM @ $6.15 and set my stop immediately @ $5.85. It then ran to $6.48, pulled back to $6.22, based there for about 5 minutes and spiked again on panic buying to $6.94. The next bar on the 15 minute (11 o clock bar) spiked to $7.00. I reset my stop @ $6.77, 10% from my buy point to protect a quick profit and got stopped out when it collapsed from there almost immediately. I then proceeded to work on other trades.
Seriously man, I do this stuff all the time. If you look at the 1, 5, and 15 minute chart of COIN on July 1st, you will see what I am talking about. That is called a momentum day trade and I was watching the stock because #1...its has been on my watch and alert list since February when I traded it about 10 times, and #2, news came out @ 7am concerning the company, and 3, I LIKE THE COMPANY AND IT'S PHILOSOPHY and have been waiting for a chance to get back in to HOLD in my Long Term Portfolio.
I am not beating my chest. I do this ALL THE TIME. I have worked my ass off in order to find these types of stocks that are volitile enough to make these types of trades. While you are sleeping and checking this site every day for someone elses stock picks, I am studying.
If you are looking at a daily chart, you will not see the minute by minute fluctuations which are important for entering these types of trades.
My advice to you would be to read "The Master Swing Trader" by Alan Farley about 5 times, take notes, highlight and apply. Funny how a little bit of work can make it easier for someone to learn how to find their own stocks to trade based on criteria they KNOW how to set.
PLEASE do not reply if you are not interested in looking at the charts on COIN that I have pointed out because you will only make a big fool of yourself when you see that my statements are facts and yours is a wild guess as to whether I am being truthful or fibbing.
DWRD
PS, Happy fuckin 4th...
DWRD
"When breakouts erupt, follow the instincts of the momentum player. Buy high and sell higher as long as a greater fool waits to assume the position. But quickly recognize when volume falls and bars contract. Then focus to classic swing trading tactics and use price boundries to fade the short-shift direction."
"Fast moving stocks attract attention and awaken great excitement. Many neophytes cacth gambling fever with these hot plays and never explore any other method of speculation. The financial press reinforces their dangerous illusion with frantic reporting of big gainers and losers. But momentum profits require great skill and discipline. When the emotional crowd ignites sharp price movement, greed quickly crowds risk awareness. Many participants react foolishly and chase positions into major reversals."
EXERPTS FROM "MOMENTUM OF A SWING TRADER, CHAPTER ONE, TRADING THE PATTERN CYCLE" by Alan S Farley
I love BIG volume and emotional trades. I usually like to swing good risk reward, but I LOVE day trading emotion, long and short. I loved BSC back in March. ABK as well. TMA. LEH recently. MEE yesterday (although I was preoccupied with the following) And I love the little momos like the one I mentioned on another thread...
http://stockcharts.com/h-sc/ui?s=TGC&p=D&yr=0&mn=3&dy=0&id=p49442124760
I have been all over that one for the better part of a month swinging and day trading, long and short, sometimes both in the span of 5 minutes. Am I always right? Absolutely not (on this particular one I am 9 for 10), but like the exerpt says, I use "price boundries to fade the short-shift direction." I do not get greedy. I set stops to take MY emotion out of it. I never budge from my initial stop. If the price increases and volume begins to teeter and the bid andd ask begin to go a little nuts, I set a stop at a level I am comfortable with to lock in profit. If the stop isn't taken out and it moves up from there, I keep following it with new stops.
I reiterate, everyone has their own style. I can't pick tops or bottoms very good but I can sure see panic in any direction during the day.
You need to know what you want to trade, what time frame you want for each trade, and based on that time frame, you need to know what chart to look at when making your buys and sells. Adam talks about being a combination technical trader and a fundamental trader. When I buy stocks for my long term portfolio, I become just that. When I day trade, there are many times I have NO IDEA what the company even does. All I care about is the volume and what the 1, 5, 15, and 60 minute charts are telling me. When I swing (hold more than a day for a good percentage gain at a good Risk Reward point on a chart), I look in advance using stockcharts.com for certain patterns and set ups. I read about the company if I do not know of it, find out how the sector it is in is trading, and set alerts the night before for possible entry. If every SINGLE ONE OF MY CRITERIA are met, I enter the trade. If not...I pass. I only day trade big volume emotional panic. I also have a list of 10 stocks at any given time that I am very familiar with that I can trade on instinct.
I am writing this to tell people here that when I post something in regard to one of V's picks or 50 billions picks or on the rare occasion one of the stocks I am trading, it is this mind set I am applying. To the poster who called me out, understand that I am prepared and knowledgeable, know MY boundries, know my style, and stick to it. We are all human, and we all mess up. I can write many examples of botched trades where I let emotion take me out too early or put me in too soon (and I will eventually expose my mistakes here, because I am not here to proclaim greatness by any means, I am here to help those who have helped me and perhaps help someone to avoid the same mistakes...no better way to learn IMO). Anyway, enough banter here. Hope this post finds the right eyes and helps someone out there. Happy 4th
DWRD
Sorry, exerpt was from "The Master Swing Trader"
DWRD
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