UPDATE on my top picks

With all that has happened in the stock market for the past 3 months, it is time to review my positions about my top picks.

1) TVI is still one of my top picks for this year. They are totally undervalued as their share price is about 1,5 time their net income per share. For a mining company i would expect nothing under 14 as a good multiplier. So shares hould trade at about ,91.

2)PXLW as not been profitable except in 2004 but has been beaten again as they are in the tech sector. Use caution but expect a great Q3 as this is normally their best. If they miss, they will pay dearly. SO when ready take some profit. Usually enough to get your investment back and balance is on the house...

3) DAN What else can be said. Already a winner this year (being flat for the year to date is a winner...in the industrial sector) but Q3 and Q4 will make the difference. I expect 14$ end of dec. Again whenever possible take your profit. We never know who the next car recall will involve

4) LVS: WOW what a run this year. Dec 31st 2009 share price 14,94$. It is already a 2 bagger and year is not over. 1B$ being repaid and term extended on their loands + great increase in traffic in Macau. Take some profit but do not get caught in selling too fast.

5) ETFC will be a long term. The reverse split killed them (as everybody else doing a non necessary reverse split) but will be back on track.

6) OCNF Another stupid RS that destroy almost 40% of their value. But ships are still rented at a great % but be a little more patient as those ships are rent long time in advance for more than 1 month at the time (except for 2 ships being rented on a as needed basis)

7)BPOP If Paulson is buying 35 M shares, you could also buy some. At the actual price it is a bargain. Sure Puerto Rico is not an easy banking place but will get over their problems. This one will fly without warning.

8)MPEL This one will move behing LVS and use the Macau momentum to increase it's value.

9)AC.B Still not flying as high as expected but since march it is flat and ready to go higher.

10) GW Still flat since introduced on may 25th but great future

11) CMFO Do you belive in chineese market? This one is probably my best pick for 2011. As of now i would expect it to increase by 50% before year end.


PLAY OF THE YEAR = YRCW if you like adrenaline this one is for you. Risk reward of 10 to 1. No reason (unless they totally fail) not to reach back the 1,60$ this year. Also take your profit everytime there is an opportunity.

Have a great night