Junk Stocks: Not Your Typical Set Up
Frank Zorrilla | May 23, 2013 12:52AM ET
These are not your typical set ups, like the ones that you read about where the stock has to be over $15, and have good sales growth, ROI, decent E.P.S etc…All that is either relevant or irrelevant depending on your time frame. What we have been focusing on recently is what most consider junk stocks, and the reason why is because they are now being chased by the masses which explains the +25% move in some beaten down solar stocks, shippers, and heavily shorted stocks.
If your time frame is “NOW” you should consider putting these on your watch-list. The levitation of all these junk stocks will come to an end, but for now this is where the party is at. This is not for everyone, so know thyself.
Biolase (BIOL), BPZ Resources (BPZ), Glu Mobile (GLUU), General Moly (GMO), Procera Networks (PKT), Sturm, Ruger (RGR), SandRidge Energy (SD), Sequenom (SQNM), TravelCenters of America (TA), Tangoe (TNGO), Xinyuan Real Estate (XIN)
Disclosure: The information in this blog post represents my own opinions and does not contain a recommendation for any particular security or investment. I or my affiliates may hold positions or other interests in securities mentioned in the Blog, please see my Disclaimer page for my full disclaimer.
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