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TGE already at +60%... (re: My 2011 picks)...

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February 18, 2011 – Comments (3) | RELATED TICKERS: TGE , DNN , ICO.DL

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.

3 Comments – Post Your Own

#1) On February 18, 2011 at 5:08 PM, dragonLZ (99.53) wrote:

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#2) On February 24, 2011 at 4:46 PM, PainterPoker (21.45) wrote:

Glad I didn't buy into PTEK.  It dropped 14% today. Haha.  

Thanks again 

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#3) On February 24, 2011 at 5:48 PM, dragonLZ (99.53) wrote:

PainterPoker, PTEK is that kind of a stock: It can be up 100% in just a few days, but 50% down (back to where it was or even lower) just that fast. Too speculative even for my taste.

Good luck and be careful out there. :)

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