I wrote about “The Next Chinese IPO – GU” on Wednesday, December 19, 2007 and consider it the first unofficial “stock of the day” of 2008. The stock was up 18.27% on volume 252% larger than the average; the largest volume spike since the stock’s IPO debut.

Fools like Cramer and CNBC said the stock was under the radar until today but readers here have known it was out there and has potential in the upcoming year. It touches upon a few hot topics and stock drivers from the past couple of years: energy, china and IPO’s. Three categories that are not unfamiliar on this blog (especially in 2007). It does scare me that Cramer (profit jinx) mentioned Gushan today but I will ignore the superstitions and continue to follow the stock while grabbing shares.

A second firm from Wall Street decided to initiate coverage on the stock with a buy recommendation. I labeled the stock a buy the day it debuted and maintain that analysis based on my fundamental and technical research:

“The Next Chinese IPO:
Now it’s time to jump on the next IPO that’s about to debut on New York Stock Exchange under the symbol “GU”. Chinese biodiesel fuel producer Gushan Environmental Energy Ltd. (GU) said it plans to raise about $171.6 million in an initial public offering of American Depositary Shares (ADS).”

Earnings Estimates:
FY 2007: $1.02E
FY 2008: $1.52E +49%
FY 2009: $2.00E +31%

Revenue (in millions):
2002: 5,258
2003: 10,422
2004: 23,793
2005: 49,840
2006: 113,891

Net Income:
2002: 2,080
2003: 5,361
2004: 10,245
2005: 21,069
2006: 45,972

PEG Ratio: 0.77x
P/E Ratio: 38.49

Why the surge today? The stock seemed to be following a surge in the Shanghai market.
Another stock of related interest higher today: YGE, up 13.38% on volume 60% larger than average66666666666666666666666
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GO G-MEN, you are best this year!
The Pats were good but they finished with 18 wins and 1 GIANT LOSS!

“The relentless Giants rolled to a Super Bowl championship - and now they’ll roll up the Canyon of Heroes.

Tomorrow’s ticker-tape parade will begin at 11 a.m. at Battery Place, head north on Broadway to Chambers Street, and be followed by a ceremony at City Hall Plaza, where the team is to be honored by Mayor Bloomberg and a host of officials.” - NY Post

I will be there to celebrate the best team in the NFL on this Championship day! Boo-hoo to the class-less Belichick - have fun with Congress!

The peak rating between 9:30 and 10 was 47.8, with a whopping 105.7 million viewers, more than a third of all Americans.

Super Bowl XLII was watched by an average of 97.5 million viewers, according to Nielsen’s “fast national” estimates, making it the most-watched American sports event ever, easily surpassing the 94.1 million for Super Bowl XXX between the Steelers and Cowboys in Arizona 12 years ago.

Fox was working Monday afternoon to determine exactly where the game ranked in the history of all sports and entertainment programs. The M*A*S*H finale in 1983 was seen by an estimated 106 million people, No. 1 on the list.

The game attracted 43.2 percent of households and 65 percent with a TV in use, making it the highest-rated Super Bowl since the Rams-Titans game in 2000 (43.3/67).

Chrisperruna.com may be hitting a tipping point here in early 2008 as the statistics blew away the slow holiday month of December. They even crushed my best month of November by a wide margin. The best part is that I didn’t have any special links that boosted my traffic in one particular day. I did have links throughout the month from several of the higher traffic blogs such as TraderMike, Traderfeed, The Big Picture and the Wall Street Journal Online (and many others) but my daily traffic was steady throughout the month on days without links.

This tells me that people are really enjoying my work with confirmation by the dozens of positive statements in my comments (bottom of each blog entry).

I want to thank you all for taking the time out of your very busy schedules to visit my small education and equity research blog – I love what I do here, it’s a passion of mine!

My feedburner subscriptions are increasing but I don’t think many of you know that my blog posts can be sent to you via e-mail updates or through your favorite home page readers such as Google and Yahoo (among others).

Click the large icons below and sign up for FREE to get my daily blog posts in your e-mail and/or favorite reader:

Page views and visits were up by more than 66% and 53% respectively for the best month ever. Thank you again – I really do appreciate every single reader of this blog and especially readers that leave their excellent comments!

My goal is to become one of the best stock market blogs offering quality and unbiased equity research along with the education to help you succeed. We are well on our way to 100,000 page views per month (with an ultimate goal of 1 million per month) and I owe it all to the readers!

Take the time to visit the blog article, The Key to Breaking Trading Slumps, by Dr. Brett Steenbarger as he expands on my recent post about Focus on Decisions, Not Outcomes

Dr. Steenbarger also suggests an idea that I think is wonderful for all bloggers and in particular, financial and stock bloggers.

I’m interested in using posts to initiate some cross-blog discussions of issues: sometimes to agree and elaborate, sometimes to respectfully disagree and offer alternatives. If you’re a financial blogger taking a reasoned stand on an issue or taking the time to elaborate a point of importance to traders, by all means send me your URL and I’ll do my best to include your work in a discussion post.

Here are a few words of expansion by Dr. Brett based on the advice I offer in my original post:

This advice is spot on. Performance anxiety occurs when we become so concerned with the outcome of a performance that our worries interfere with the process of performing. Who hasn’t had the experience of fretting over making a perfect entry, only to have the market make its move without you on board? Or seeing a market move away from your entry point and telling yourself you won’t “chase” the market, only to see it make the extended move you expected all along? Those are manifestations of performance anxiety.

Many new readers have started to visit chrisperruna.com over the past month so for those of you not familiar, Dr. Brett Steenbarger has a must read blog and a couple of trading books published by Wiley:

Author of The Psychology of Trading (Wiley, 2003) and Enhancing Trader Performance (Wiley, 2006) with an interest in using historical patterns in markets to find a trading edge. He is also interested in performance enhancement among traders, drawing upon research from expert performers in various fields.