My recommended stock picks

MenInTights

not a plastic bag
#12
$19. It has a lot of upside but unfortunately its in the manipulation phase right now because being a recent ipo there's not a lot of public data. A few days ago a vicious report came out that tanked the price. I'm sure there will be a lot of very "smart" people that load up after this "attack" and then make huge profits down the road. buy/sell ratings are just a scam.
 
#13
$19? Ouch. I would cut my losses if I were you. It was a flash in the pan and may eventually crawl back to 12 but by then you could have made a lot of money on what you have left riding another horse. Roll with cyclical stocks with an excellent track record. GORO (Gold Resource) is currently at the top of it's cycle, but if you wait it out, you'll be able to get in at a good price and ride it for over a dollar, maybe even 2. IPO's are risky business and the only way to play them is if you manage to get in at the ground floor, assuming you've picked a good one to begin with. If it's already shot up, you're too late, don't risk it. Cyclical is the way to go. The trends are MUCH more predictable. Also, Gold stocks are a good place to have money if the market does a tailspin, which I predict to happen in the next 2-4 years or sooner.
 
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#14
Since OP,
AMD up by $18.52 to $50.93 per share.
NVDA up by over $104 to $249.48,
FORM* up by $3.76 to $27.51,
SVM* up by $3.19 to $5.46,
 
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MenInTights

not a plastic bag
#15
If anyone wants a pure gamble momentum stock, CODX.

They treat for this new disease coming out of China. The media scare in this is ramping up very fast Any low floaters will be flying this week and next.
I got in af at 2.02 today. I transferred some cash and will grab a few more tomorrow.

Nobody understands it cares what this company really does. It's all momentum. I've seen little stocks like this so 5x, 10x in a very short amount of time once the media starts pouring gas on a story like this.
 
#16
You might as well hit the casino. I've seen stocks like this go boom and bust in days, even hours, and I've seen many just die. This one has already popped IMHO so if you're in above $1.10 you're likely going to lose money. If you want a roulette stock, just PM me and I'll try to find you a good one. But I recommend against gambling.

Meanwhile, here's one to keep an eye on. EGY (Vaalco Energy). If you get in under $1.70 I think you'll make good returns in 1 to 2 quarters and it has good spike potential. (As do GORO and SVM). Better to make the safer bet and make a good profit than go high risk to make a great profit and end up losing your shirt.
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To rookie investors, I have two tips that will save you a lot of grief and potentially a lot of money. The first is to make sure to vet your stock choices very carefully. While it is true that the trend is your friend, there's much more to it than that. Look at how well the stock held up or rebounded during or after major market downturns, and also look at the long term trend. A stock that has been on a downward slope for years is likely to continue on that path despite short term up ticks. Look at the companies profitability in terms of stability rather than growth. A low debt load is a good sign, as is a modest price to book ratio (although that may seem counter-intuitive to many). Pick a company in a sector that is resilient to market turbulence (examples include well established semiconductor and cosmetic stocks).

Once you have picked your horse and are really confident you've done your homework, then when that stock price starts to travel lower than expected for longer than you expected then remember rule #2, DON'T PANIC. Second guessing yourself is an excellent way to become stressed and lose money. Be confident in your research and wait it out. After it rebounds and you make your money the waiting next time it happens will get easier.

Stock trends are only predictable up to a point, but if you target your positions wisely and have done your homework thoroughly then you need not question if the stock price will go up, only when. When I first got into investing I stressed a lot when trends behaved in unexpected ways and lingered under my buy price. As a result, I panicked more than once and lost money only to watch the stock rebound afterwards. I haven't lost one dollar trading in years now because I've learned to trust my judgement when it comes to my earlier decisions. Picking your position should be a relatively simple task on a cyclical stock. Look at the long term trend (say one year) and select a price that the stock spends much more time above than below. Refine that target based on more recent trend behavior but stay in the ball park so you don't end up with your money trapped at a position the stock will take a long time to cycle up to. Vet multiple stocks so you can ride one horse while you wait for the other to drop to a target level. If it's your first time trading, it is also a good idea to do some virtual trading on a site like HowTheMarketWorks.com to get some experience and confidence going for you before using real money. You may think it'd be a waste to make virtual money when you could be making real cash, but the experience you will gain will be priceless.
 
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MenInTights

not a plastic bag
#17
It only feel temporary because the company did a capital raise a day after I bought it. I bought more and was able to avg in at 1.87.
Today it closed at $3.43. Up 85% TODAY.

It's a biotech. Biotech's suck. They all promise miracle cures while they dilute equity to nothing.

I never invest in biotech. However, this is a real event. China is saying it's no big deal but their actions tell a completely different story. They have isolated millions to try to stop the spread. This event and the fear that goes with that is very real.

Additional, the test the company *can* make is real. It does detect the virus. It is in high demand. The stock movement and volume is real. Any stock with a 50M market cap that trades 30M shares a day has a lot of momentum.

Still I'm no fool. The minute the fear subsides, this stock is falling. Or the minute they decide to do another capital raise it will fall. But that's why stop losses were invented.

As long as that volume is heavy and as long as the fear is strong I will stick around.

And for the record, I hope this is just a bad flu and it falls away. I could see the news hype on this coming a mile away so I jumped in, but I really hope it's overblown. There's a difference between seeing the fear and acting on it and cheering on bad news.
 
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#18
I'm glad you were able to cash in.
Here's a nice little lottery ticket you can look at. EFL.TO (Electrovaya Inc.).
It only feel temporary because the company did a capital raise a day after I bought it. I bought more and was able to avg in at 1.87.
Today it closed at $3.43. Up 85% TODAY.

It's a biotech. Biotech's suck. They all promise miracle cures while they dilute equity to nothing.

I never invest in biotech. However, this is a real event. China is saying it's no big deal but their actions tell a completely different story. They have isolated millions to try to stop the spread. This event and the fear that goes with that is very real.

Additional, the test the company *can* make is real. It does detect the virus. It is in high demand. The stock movement and volume is real. Any stock with a 50M market cap that trades 30M shares a day has a lot of momentum.

Still I'm no fool. The minute the fear subsides, this stock is falling. Or the minute they decide to do another capital raise it will fall. But that's why stop losses were invented.

As long as that volume is heavy and as long as the fear is strong I will stick around.

And for the record, I hope this is just a bad flu and it falls away. I could see the news hype on this coming a mile away so I jumped in, but I really hope it's overblown. There's a difference between seeing the fear and acting on it and cheering on bad news.
I remember the whole H1N1 thing, there were biotech bubbles blowing up and popping everywhere. The thing about these biotech companies is they go boom and bust and usually you have only one kick at the cat before it flatlines. If you don't time it right you lose and that's it. I like predictability over the long term so if I oops it's not the end of the world, I just have to wait a bit longer before extracting my money with a bit of profit. Being that I have very little to invest with I have become a very conservative investor.

Here's a very nice small bump cyclical stock with great spike potential. PFIE (Profire Energy). Currently sitting at $1.46. Jump in under $1.40 and ride it for a nickle or dime over and over.
 

MenInTights

not a plastic bag
#19
I bought more CODX this morning at $2.85. I'm no biotech investor. They all suck. But the way China is acting tells me they are lying about this virus.
CODX had the technology to test this virus quickly. The runs not over yet.
 

MenInTights

not a plastic bag
#20
I'm glad you were able to cash in.
Here's a nice little lottery ticket you can look at. EFL.TO (Electrovaya Inc.).


I remember the whole H1N1 thing, there were biotech bubbles blowing up and popping everywhere. The thing about these biotech companies is they go boom and bust and usually you have only one kick at the cat before it flatlines. If you don't time it right you lose and that's it. I like predictability over the long term so if I oops it's not the end of the world, I just have to wait a bit longer before extracting my money with a bit of profit. Being that I have very little to invest with I have become a very conservative investor.

Here's a very nice small bump cyclical stock with great spike potential. PFIE (Profire Energy). Currently sitting at $1.46. Jump in under $1.40 and ride it for a nickle or dime over and over.
Most of my money is in index funds. Warren Buffett proved that nobody can beat a s&p index in the long run.
However I have an account with webul and Robin hood where I can be specualitive. In the scope of things plays like this aren't make or break.
 
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