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2good2betrue (< 20)

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March 30, 2011 – Comments (0) | RELATED TICKERS: GURE , LOCMQ , CEAI

I loaded up on GFRE at 5.60, made me nervous when it shot up to 5.8, and then ended the day below my price. Particularly since the thing has been on a steady decline. When it looked like 5.60 was going to hold, I bought more and the next day, bam! Shot out like a rocket with an upgrade (target $10) and an additional coverage. My target is $8 and while it looked pretty tempting to sell at 6.80, there is a lot more on the table for this one. Good revenues, got the bad press for being a china stock along with others that took the bashing of late. Only this one is real.

Bought LOCM this week, target 4, but there again, more is probably possible.

Still holding GSX, was a nice opportunity when the idiot downgraded this so a rare pickup for 44 cents came. Today, the market corrected this, pretty soon this thing is going to start moving. I'm committed and expecting 1.50 to $2.00. I've not seen anything to make me believe I won't get it.

Still holding ADMP (Which got some nice press lately), and RGIN - these are throw away, but if you can pick up under 20 cents, its a small price to pay for such a great opportunity. Either could be $5-10 stocks with a little good fortune.

Finally there is AOD, keep adding to it. In my new play I'm beginning to move about 10% of trade profits off the table and into AOD - at least until I reach my share goal, which is coming up. I just set that up to reinvest, so it will be on auto-pilot. Then I'll look to get into another dividend special. 

Still holding some CEU, took it on the chin with that one, but friday 4/1 that could all change. Perhaps this april fools joke will be on those not holding CEU. We'll see.

 

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