$1 - 5 Stocks

[RapStar]

Going against what you are supposed to do is what I like doing. While investment guru's insist the biggest mistake in investing is looking for a "cheap stock" because you can get more shares essentially and it is in one's mindset that 2 bucks can go to infiiniti while on the other hand nobody believes $25 can go to $59 in less time. I like picking up more shares of a low budget stock, like in the $1 - $6 range. While I may lose on more occasions than investing in a stock at a higher price (cuz the price is there for a reason) I hit more home runs (%50 return or better).

My question to posters and investors...does anyone have any leads on stocks in that ballpark range? Have been watching that DEPO everyone is discussing in another thread, but looking for some sound offers. Time to take a swing for the fences early in the year!

 

[GreenDoberman]

JSDA - Jones Soda, has seen a runup of late and is trading around the 6.50 range. Key partnerships with Starbucks and Target.

TIVO- TiVo, long suffering stock can be had at 5.50, any increase in partnerships with Yahoo and Apple (Ipod-video) will help it out and is a major buyout candidate.

I have long positions in both.

 

[UoweDucks]

YMI - I posted info on this stock in the cancer drug thread. Bought more on the pullback last week. STRONG potential.

RAD - Very cheap, I think you can get a trade +30% in the next 2-3 qtrs...

LSCC/TQNT- small cap semi's, lscc is poised with new products get design wins that translate into big revs in next few quarters.

do your own dilligence!

 

[RapStar]

Thanks guys. Will check out all those and post back if I jump in. GL

 

[NorthernStar]

Bought STXN in the low 2's, sold some in the mid 3's. it has done real good so far.

Another one is CTE, I bought that in the mid $1's. Sold some in the low 3's. In the development stages for a product and spending to get the drug approved. In turn numbers for last quarter were not as good and the stock took a little hit. Might be a good point to buy some. Stock will perform better if they pass some fda trials. Both have performed good and still have some upside potential.

There is another small company FSII, it is a little more volitale. They are a Minnesota company and I golf with a few of the key engineers that are very sharp guys. I bought it in the $3.50 range and dumped some just over $5. and held the rest. Never a bad thing to skimsome of the profits off the top.

Good luck

 

[UoweDucks]

RAD - Very cheap, I think you can get a trade +30% in the next 2-3 qtrs...

Stock up now about 10% in 2 weeks, Goldman upgraded today.

 

[dav168]

TTP...has had a nice run on huge vloume but still has the potential to go much higher IMO.

 

[PatPatriot]

BPA-Biosante Pharm...last year had a drug that was turned down by the FDA. Price went fromabout 3$ up to around 10$ last year.FDA told them to fix a few things on the drug and would revisit. Around 4$ right now. With a couple of drugs in phase III trials.Mostley dealing with nano particles.Sprays, patches creames etc.

 

[dav168]

TTP having another great day on huge volume again. No recent news out there but something has to be coming soon.Looks like it may not be a $1-$5 a share stock for much longer.

yes, I own the stock(recent purchase) and advise doing your own research on it before buying.

 

[UoweDucks]

Stock up now about 10% in 2 weeks, Goldman upgraded today.

Well, horse is out of the barn... Jim Cramer spent the first 15 minutes of his show yesterday pumping Rite Aid. Stock is up about 20% now since I bought it. Wouldn't chase it from here. Hope someone else jumped on.

 

[UoweDucks]

YMI - I posted info on this stock in the cancer drug thread. Bought more on the pullback last week. STRONG potential.

RAD - Very cheap, I think you can get a trade +30% in the next 2-3 qtrs...

LSCC/TQNT- small cap semi's, lscc is poised with new products get design wins that translate into big revs in next few quarters.

do your own dilligence!

I hope some of you looked into these:
Since this was posted:

YMI +12%
RAD +15%
LSCC +44%
TQNT +13%

The only sub $5.00 stock left is Rite Aid..

 

[scarab]

any new ones? I was a sleep at the switch and missed these

 

[RapStar]

Nice picks! Jumped on RAD and TQNT. Wish I bought LSCC. Any new info is appreciated.

BTW, somoene discussed re-entry to Sirius in the 4's. I had it from 3 to 9, then sold. Re-bought at 4.80 and it made a nice move yesterday and is trading in the mid 5's.

Stick 2gether guyz.....

 

[UoweDucks]

nothing new...
I still like all of those stocks. Just exercise discipline as to when you buy. And ALWAYS do your own due diligence. Never just buy a stock based on a recommendation.

 

[RapStar]

nothing new...
I still like all of those stocks. Just exercise discipline as to when you buy. And ALWAYS do your own due diligence. Never just buy a stock based on a recommendation.

Agreed. I HOPE nobody buys based on the spam emails that tout stocks.