Which of these Stocks would you considering Buying for short-term profit, and why? WRLS - Telular RMBS - Rambus ITRO.OB - Itronics WAB - Wabtec DXYN - Dixie Group GNSS - Genesis Microchip CLS -Celestica GM:RNVS - Renovis LBY - Libbey NIS - Nissin XMR - Morgan Stanley DLK - Semotus Solutions DGEN - Deltagen TGC - Tengasco TAMG - Transactional Automotive NGS - Natural Gas Services In my opinion, NGS looks to be the least risky, followed by XMR, but the profit potential of those 2 stocks doesn't look quite as good as some of the others above. What do you think? Note that I've set aside a small amount of my portfolio just to try a somewhat risky stock with a high growth/profit potential.
Thanks for pointing that out. I spent a few hours compiling that list to choose from. Something tells me that I should choose GNSS (Genesis Microchip), though I know that sector has not done well lately - and you know what they say, stocks move up not only based on their value, but the sector also needs to be moving. At least that's what Wharton School taught me and Donald Trump.
Let me give you a quick detailed rundown WRLS : stop 2.06 VERY GOOD ENTRY around here this is going to pop RMBS : don't buy wab: weekly downtrend dxyn - down gnss- breakout this week stop 11.37 cls - good volume, stil ldowntrend lby - breakout this week, but will test 6.50 or so nis - maybe bottom, but still downtrend xmr- downtrend, but could be bottom dlk- down tgc- start of downtrend tamg - 9th week of downtrend, big volume could be bottom, wait for break ngs - breakout this week, could be bottom for Natural gas enjoy
Not sure if it's significant, but the VP and especially the CEO along with a few other small fries have been doing some buying since June, the CEO (Boyle Michael J) accumulating around 200,000. This happened all within a few days of each other, so maybe they know something
http://www.movethemarkets.com/blog/2006/07/31/top-50-stocks-to-day-trade-week-starting-20060731/ Haven't had time to look yet. Hope this helps.