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Monster Stocks: How They Set Up, Run Up, Top and Make You Money | 
 enlarge | Author: John Boik
Publisher: McGraw-Hill
Category: Book
List Price: $29.95
Buy New: $15.76
You Save: $14.19 (47%)
New (23) Used (17) from $10.11
Rating:  15 reviews
Media: Hardcover
Edition: 1
Pages: 256
Number Of Items: 1
Shipping Weight (lbs): 1.1
Dimensions (in): 9 x 6 x 0.7
ISBN: 0071494715
Dewey Decimal Number: 332.6322
EAN: 9780071494717
Publication Date: October 15, 2007
Availability: Usually ships in 1-2 business days
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Product Description
Everything you need to know to get in on the ground floor of the next Google! Monster Stocks gives you the expert guidance you need to add the explosive power of breakout stocks to your portfolio. You'll find everything you need to consistently spot stocks that have the potential to at the very least, double in value in a year or less - and change your life forever! Delivered in clear, concise language by market researcher John Boik, Monster Stocks gives you the tools you need to land super-performing stocks and handle them for maximum profit, market cycle after market cycle. Boik mines the history of the market to uncover the common conditions that must be in place for monster stocks to materialize. You'll learn how to easily identify these trends with the help of real-world monster stock case studies, from Yahoo! and Schwab to Apple, Broadcom, and many more. Make your fortune with Monster Stocks! - Know when to buy and when to sell for tremendous profit
- Understand how the pros identify and handle market leaders
- Learn from the great super-stocks of the past
- Break your bad stock investing habits for good!
- Gain valuable insight into selecting future monster stocks
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| Customer Reviews:
Showing reviews 1-5 of 15
 A bit repetitive but salient points are provided January 2, 2010
L.A. Little
Monster Stocks takes the reader on a search - a search for the patterns that exist for those stocks with abnormal gains in short periods of time. John Boik argues that not only is the search for such stocks possible, they all display common characteristics that make their identification both possible and quite profitable.
The book covers some 200+ pages, most of which is a repetitive look at numerous monster stocks that have sprung forth since the 1970's. Each is presented annotated charts and several pages of interpretations. The reader is presented with the fundamental and technical characteristics that set monster stocks into motion. These principals are repeated for most of the stocks presented throughout the manuscript.
The repetitive nature of the material is probably the most disappointing aspect of the book. Some 30 or 40 stocks are presented over the 200 pages when probably 10 or so would have been plenty. Of course the book would have been quite a bit slimmer if just a few had been covered, but rather than make the reader wade through a myriad of stock charts and similar language it probably would have made for a better book, As a reader looking for the few nuggets of wisdom, you can't afford to skip a page since those nuggets are scatter across the many pages. Having said that, the author notes that he is being repetitive with the hope that the notions presented will "stick" with the reader as a result. Personally, I would have preferred fewer examples and instead a clear and concise summary of the points and a much shorter book. If I am willing to spend the money to buy the book, I don't need the author to make the material "stick" but instead to present it concisely and clearly.
Nevertheless, the conclusion chapter does offer up these thoughts in just that fashion. Essentially, Boik indicates that the typical formulae for a monster stock are strong fundamentals as viewed through a) outstanding sales and/or revenue growth, b) strong and accelerated earnings growth, and c) high rates of return on equity. These fundamentals typically precede the technical breakout and run up. They also typically stay strong throughout the stock price run up and even into the topping pattern that eventually comes along. Naturally, Boik looks at the technical pattern as well - the base building period and then the high volume breakout from that base and a continuation of strength exhibited by a strong advance that uses the 50-day moving average as a crutch all the way to the top. The finality if usually expressed with a heavy volume decline through the 50-day moving average line. If you haven't exited by then, it is indeed time says Boik.
There are other salient points made throughout the book and it is indeed a very good read. I know that I have a keen interest in identifying monster stocks and finding a way not only to ride them higher but to add to positions along the way. This book addresses those items and does so with clarity though verbosely, and thus, despite the somewhat boring repetition you are forced through, I would still recommend this book for any and all traders.
Reviewed by L.A. Little for [...] 01/02/2010
 Put this on your list of must read books! August 3, 2009
cfredhappy (vancouver, wa.)
1 out of 1 found this review helpful
If you believe in the old addage "to be the best, learn from the best"
then this book will help you profit from the past success' of some of the biggest stock market winners of the past twenty years.
Great Stock Market Book September 5, 2008
D. Weisman (Bayside, NY)
1 out of 1 found this review helpful
John Boik presents a well thought out method for acquiring wealth. The big money he claims is made in finding those few companies who can change the world. If an investor can recognize these monster stocks and manage them correctly, the result will be life changing wealth. Boik gives the reader a history lesson--that all monster stocks display the same characteristics just the names of the companies and their symbols change.
 Practical Rules for Growth Stock Investing. August 13, 2008
Anthony (Vancouver, BC)
2 out of 2 found this review helpful
Boik's term "Monster Stocks" refers to stocks that have at least doubled in price within 18 months. This book describes the practical application of a set of rules for identifying and profiting from such high-growth stocks. These rules involve criteria both for a stock's fundamentals, and subtle details of price and volume action of the stock and of the general market.
What I liked about the book is that it profiles about 30 such stocks as brief case studies, which include the chart basing setups that may have been evident, key points and characteristics of corrections during the stock's growth, and indications that presaged of the end of their run-ups. These are accompanied with annotated charts of relevant market indices and of the stocks profiled. The attendant commentary on these particular growth stocks and the events in the markets allowed me to learn by comparing the rules to how I would have reacted in the same situation. Most of the examples occur during the period 1996 through 2006.
Much of the methodology aligns with and makes mention of the Investor's Business Daily rules as described in their educational material and in Bill O'Neil's books. This book builds on IBD's teachings in that it uses the methods to focus on the special case of stocks that at least double in price including the psychological challenges, buying and pyramiding tactics, and the significance of moving-average support.
Boik describes methods that are relatively simple, but adds that the attention to detail and discipline required is not easy. I know from experience that many of us will find it difficult to make a large commitment to a high-growth stock, at least in its early stages, because the characteristics go against much of the conventional wisdom. Many investors will sell such a stock when it makes violent corrections - only to watch it make new highs soon thereafter. Similarly, it takes great discipline to act on the various warning signs and sell even though the stock is making successive new highs and the fundamentals have never been better. Boik does a reasonable job of explaining the details of what to observe, and rules by which to buy, add more, sell or hold these stocks through such observations. Among other things, the rules limit your risk and provide assurance when holding such stocks during their growth phase.
The book concludes with a Monster Stock finding and handling template, and a summary of the Monster Stock rules.
A criticism that led me to rate this book four stars instead of five was that the writing style tended to be wordy and repetitive, making the book longer than it needed to be. Also, the graphics were sometimes difficult to follow, and required some study before I was able to relate them to the text. I was able to endure this however, and found a lot of valuable content.
I can also recommend the following to those wanting more on growth stock investing:
The Zurich Axioms by Max Gunther ©1985
Reminiscences of a Stock Operator by Edwin Lefevre ©1923
How to Trade in Stocks by Jesse Livermore ©1940
How to Make Money in Stocks by William J. O'Neil ©2009
The Successful Investor by William J. O'Neil ©2004 (*a true gem)
Trader Vic - Methods of a Wall Street Master by Victor Sperandeo ©1991, 1993
The Market Wizard series of three books by Jack D. Schwager
 Disappointed March 11, 2008
R. M. Jack
6 out of 8 found this review helpful
I had previously purchased his other two books. The first covered the best US traders (this is a very good book) and the second book covered the US equity market and the best US traders through history, this book also was pretty good in terms of detail and explanation. His current book was shallow lacking in detail and appears to have rushed to the publisher. I was throughly disappointed.
I agree with some of the other reviews you would be much better served by purchasing the books on trading written by William O'Neil
Showing reviews 1-5 of 15
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