TGE already at +60%... (re: My 2011 picks)...
As some of you might remember, on 1/2/11 I posted My 11 picks for 2011 (see it by clicking here) in which I listed 11 stocks I thought will do well in 2011.
In the comments section (comment# 11) of that post Pennyperson asked me the following question:
Cool stuff Dragon. What tops your list as your favorite two. Short term - 1yr and less.
And here is how I aswered it:
#13) On January 02, 2011 at 5:21 PM, dragonLZ (99.72) wrote:
Short term, I'd say DNN has a good chance of hitting $5-6 within the next 3-6 months, but it's a speculative (somewhat riskier) play. TGE and ICO are probably my two next short term favorites (for quick 50% gains).
Longer term (1-3 yr.), I really think that patient investors in ODP, CNO, and BPOP will be handsomely rewarded. ______________________________________________________________
Let's now see how are these3 of my short-term favorites doing since then:
DNN, Denison Mines, price on 1/2/11 $3.42, price today $4.13, Return: +21%
ICO, International Coal, price on 1/2/11 $7.74, price today $9.58, Return: +24%
TGE, TGC Industries, price on 1/2/11 $3.80, price today $6.13, Return: +61%
Not too bad for 2.5 months' returns, don't you think?
However, keep in mind the year is still young and a lot can happen between now and December 31. Be careful out there.
Good luck everybody, and as always, don't forget to have fun when investing. :)
Disclaimer: Past performance is no indication of future results. Sometimes.