I am going to change the title of this thread after I get some responses and see what people think. I have been getting killed in the market every single time I try to go for a big kill. But, EVERY single time I have tried for just 10% to 20%, i have done very well. I would rather make 10% to 20% per week (or even per month) than lose the amount I have been losing. With that said, I want to start a thread for small cap stocks... . $.40 to $6.00. Only reporting companies. We want to look for undervalued stock, that could be good long term holds, but have a a chance to return a quick buck as well.
I have been harping on CNXT for weeks now, but lets use it as an example. I bought in CNXT about one month ago and 1.60, and watched it go down to 1.40, where I averaged down to 1.49. After I averaged down, I watched it go up to 1.75, which is right about where it sits right now. I have had no problem selling it, and have made a nice little profit.
So, what we are looking for is good small cap buys, with real product/services, whose gains may be smaller, but the risk is minimal. Alot of people are making money on this board, but they have to watch the screen all day long. I can't do that. I want to make some steady money, and not have to watch every single tick. So, here is one to consider, please feel free to add to the list. There is no set time frame for a pick, though a month would be the most I would personally set out for.
So, with that, I give you RAD. Sitting near its 52 week low, on the bottom BB, with VERY good band to band potential.
I have been harping on CNXT for weeks now, but lets use it as an example. I bought in CNXT about one month ago and 1.60, and watched it go down to 1.40, where I averaged down to 1.49. After I averaged down, I watched it go up to 1.75, which is right about where it sits right now. I have had no problem selling it, and have made a nice little profit.
So, what we are looking for is good small cap buys, with real product/services, whose gains may be smaller, but the risk is minimal. Alot of people are making money on this board, but they have to watch the screen all day long. I can't do that. I want to make some steady money, and not have to watch every single tick. So, here is one to consider, please feel free to add to the list. There is no set time frame for a pick, though a month would be the most I would personally set out for.
So, with that, I give you RAD. Sitting near its 52 week low, on the bottom BB, with VERY good band to band potential.
