damianoakley
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Hi artyzipp,
CYB might be worth a look if you're insistent on a stock under $10.
It's not one I would get involved in personally as volume can sometimes be thinner than I would like in this stock, but it is a stock that is leading its industry sector.
Looking at the chart, the price could be in for a slight pullback.
Thanks
Damian
CYB might be worth a look if you're insistent on a stock under $10.
It's not one I would get involved in personally as volume can sometimes be thinner than I would like in this stock, but it is a stock that is leading its industry sector.
Looking at the chart, the price could be in for a slight pullback.
Thanks
Damian
Hot ? .......Simmering
Fuel Cell Energy at 672 should go to 800 ......... on regain of 800 you start to make big bucks!
Speculative but worth watching
http://www.bloomberg.com/apps/quote?ticker=fcel:US
Fuel Cell Energy at 672 should go to 800 ......... on regain of 800 you start to make big bucks!
Speculative but worth watching
http://www.bloomberg.com/apps/quote?ticker=fcel:US
canadtrader
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what's the point in looking for a stock under 10$ ?
damianoakley
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artyzipp said:
Hi arty,
I also have to ask the question as to what attracts you to stocks under $10 ?
If you are bargain hunting - be careful.
These stocks are often cheap for good reason and I would be wary of "bottom fishing."
Thanks
Damian
Don't try this at home.....
Genesis Microchip @ 1081
http://www.bloomberg.com/apps/quote?ticker=GNSS:US
http://finance.yahoo.com/q/bc?s=GNSS&t=5y
I echo all the cautionary comments made by other traders earlier. There is mega risk attached to trading smaller cap stocks. However, here is one worth a look over the coming weeks. Genesis Micro is one of those stocks you which tends to trade in a range about $10-$20. In periods of exhuberance it can go to up to 22/23 when the market is very bearish it can go sub $6. During the dark days of 2002 it hit 564.
Now my thesis is we are in a general bull market and the stock has recently hit a 52w low at around 940 so should the bull market continue then this should recover nicely. Consequently, around $11 could be just the beginning of a long term upwave. Intel another chipstock seems to be finding it's feet and augurs well for the sector - hopefully.
Downside for medium term players is clear at 940 and ultimately down to 7 then 6 .......... But if that happens then there is likely something serious going on in the tech sector - and there for better trading opps.
THIS IS A LONG TERM PLAY (multi-month) - despite the potential for sharp gains near-medium term.
HS
PLEASE DO SOME ADDITIONAL RESEARCH AS MY TIMEFRAME MAY NOT MATCH YOURS
Genesis Microchip @ 1081
http://www.bloomberg.com/apps/quote?ticker=GNSS:US
http://finance.yahoo.com/q/bc?s=GNSS&t=5y
I echo all the cautionary comments made by other traders earlier. There is mega risk attached to trading smaller cap stocks. However, here is one worth a look over the coming weeks. Genesis Micro is one of those stocks you which tends to trade in a range about $10-$20. In periods of exhuberance it can go to up to 22/23 when the market is very bearish it can go sub $6. During the dark days of 2002 it hit 564.
Now my thesis is we are in a general bull market and the stock has recently hit a 52w low at around 940 so should the bull market continue then this should recover nicely. Consequently, around $11 could be just the beginning of a long term upwave. Intel another chipstock seems to be finding it's feet and augurs well for the sector - hopefully.
Downside for medium term players is clear at 940 and ultimately down to 7 then 6 .......... But if that happens then there is likely something serious going on in the tech sector - and there for better trading opps.
THIS IS A LONG TERM PLAY (multi-month) - despite the potential for sharp gains near-medium term.
HS
PLEASE DO SOME ADDITIONAL RESEARCH AS MY TIMEFRAME MAY NOT MATCH YOURS
Mr. Charts
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"Anybody knows any hot stocks under $10?"
On an intra day basis there are usually reasonable candidates to find most days.
Have a look at BBC which ranged between $5.29 and $3.93 (volume 3.5m) y'day and also FRG ranged $9.13 to $8.04 (volume 1.8m).
Both these stocks were highly liquid and easily readable on simple TA - you don't even need micro-analysis skills with them.
Go for the RIGHT moving stocks and there is money to be made.
Keep away from the ones which are highly volatile intra-candle and position size correctly - and manage the position actively locking in partial profits when appropriate.
It really isn't hard. Method, method, method.
Richard
On an intra day basis there are usually reasonable candidates to find most days.
Have a look at BBC which ranged between $5.29 and $3.93 (volume 3.5m) y'day and also FRG ranged $9.13 to $8.04 (volume 1.8m).
Both these stocks were highly liquid and easily readable on simple TA - you don't even need micro-analysis skills with them.
Go for the RIGHT moving stocks and there is money to be made.
Keep away from the ones which are highly volatile intra-candle and position size correctly - and manage the position actively locking in partial profits when appropriate.
It really isn't hard. Method, method, method.
Richard
Mr. Charts
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My last post above was an hour and a half BEFORE market open.
BBC produced a trend move of 44c in the first 18 minutes.
FRG produced a trend move of 51c in the first 11 minutes.
I personally didn't trade those moves as I was busy making 72c out of INTU at the time.
As I said, it really isn't hard. Method, method, method.
Richard
BBC produced a trend move of 44c in the first 18 minutes.
FRG produced a trend move of 51c in the first 11 minutes.
I personally didn't trade those moves as I was busy making 72c out of INTU at the time.
As I said, it really isn't hard. Method, method, method.
Richard
Mr. Charts
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Good stuff, Pitbull 🙂
I alerted my people to EFUT on Tuesday pre-market and AMAG pre-market on Friday. As you say, great movers 🙂
Re- my pre-market posts #9 and #10 on Friday about FRG and BBC, those stocks rose on the day by 3.68% and 9.13% respectively.....
It really isn't hard. Method, method, method.
Richard
I alerted my people to EFUT on Tuesday pre-market and AMAG pre-market on Friday. As you say, great movers 🙂
Re- my pre-market posts #9 and #10 on Friday about FRG and BBC, those stocks rose on the day by 3.68% and 9.13% respectively.....
It really isn't hard. Method, method, method.
Richard
damianoakley
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Hi All,
Although I don't really like playing share tipster, if you made me look at stocks under $10, you could do a lot worse than look at ANAD at the moment.
An excellent company with strong earnings performance in a strong sector (currently).
Thanks
Damian
Although I don't really like playing share tipster, if you made me look at stocks under $10, you could do a lot worse than look at ANAD at the moment.
An excellent company with strong earnings performance in a strong sector (currently).
Thanks
Damian
damianoakley
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You're right - it's only just under $10, but it was the best I could find !
Thanks
Damian
Thanks
Damian
Mr. Charts
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Hiya Lee,
Yep, EFUT rose from under $35 to $41 in the last 25 mins of trading 😉
HOT stocks rule, huh? 🙂 🙂 🙂
Trade well,
Richard
Yep, EFUT rose from under $35 to $41 in the last 25 mins of trading 😉
HOT stocks rule, huh? 🙂 🙂 🙂
Trade well,
Richard
