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Money, Business & Finance Ground >> Penny stocks anyone? Your 2011 picks?


1/12/11 3:51 AM
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EVILYOSHIDA
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if you want to invest in currencies, you need to play with a forex account and it's a lot harder than trading equities.
1/12/11 9:41 AM
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Bean Bag
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vegasdolphin -  How does one invest in Canadian dollars? And why am I hearing people say its a safehaven? Is there a ticker? 
The Swiss Franc and the Canadian Dollar are considered safe haven currencies because they have remained stable since the bailouts started.  The Swiss Franc is the better option because it has a portion that is backed by gold and they are a neutral country (won't go to war or be attacked).  You can invest in currency futures, etf's, or in the currency using a Forex account. 
For a futures account, I believe the minimum deposit is $25K
For the ETF, you are paying your buy and sell fees which eats away at your profit.  See currency ETFs here
If you open a Forex account, you can invest in pairs live Can Dollar vs US Dollar or vice versa.  Forex allows you to leverage at high amounts (up to 100%) so be careful.  Open a paper trading account before trading real $$$.  Oanda is the broker I use. 
1/12/11 10:05 AM
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jd11b
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EVILYOSHIDA - yes, it's one of the things to monitor because it foretells a market sell or volatility.

reg. peeps can buy this through the ticker VXX

Yep, I monitor as well along with the Qs and DIG/DUG 
1/12/11 10:07 AM
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jd11b
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 LVLT finally broke resistance
1/12/11 10:26 AM
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Kakkarotto_san
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EY, is LVLT still a buy?
1/12/11 10:35 AM
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Bean Bag
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 PDO is flying today...
1/12/11 11:10 AM
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jd11b
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 ANPI bounced, just like I thought it would.

Surprisingly, EEE is still up.
1/12/11 11:10 AM
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jd11b
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Kakkarotto_san - EY, is LVLT still a buy?

 I would be hesitant
1/12/11 11:12 AM
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Bean Bag
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EVILYOSHIDA - JASO AND SOL showing tremendous strength today relative to other SOLARS.

when JASo short squeeze happens, you will witness beauty.
Thanks for the SOL rec.  Up 6% today.
 
1/12/11 11:13 AM
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jd11b
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If oil continues to increase, keep an eye on LCC.  They're an airline stock that moves inversely with oil and has been a consistent swing trade for 2.5 years based on that pattern.  Generally, it's been a several week hold.

For the new folks, track crude futures on stockcharts.com using the symbol $WTIC
1/12/11 12:17 PM
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jd11b
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Wow, EEE hit 3.00 (didn't hold)
1/12/11 1:03 PM
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EVILYOSHIDA
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glad people are making money with SOL
1/12/11 2:18 PM
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jd11b
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 Hahaha ANPI soaring.  Should have went with my gut.
1/12/11 2:38 PM
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salyer36
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Noble Corp. (NE) is one of my value plays. Making a nice run today. Not a penny stock just wanted to contribute.
1/12/11 2:59 PM
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jd11b
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 Been watching Noble for a few years, been relatively solid.
1/12/11 3:41 PM
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salyer36
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another stock im looking at is CVS.. I was going to buy in at about ~25 but it went on a run and hasn't dipped yet. Still relatively "cheap" though.
1/12/11 10:21 PM
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Todd Lally
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This is what I will pick!
FaceBook dating site!!!!!!!!!!!!!!!!!!!

This is the Dating site Facebook uses!!!!!

NAP INTERACTIVE(OTC BB: STVI.OB )
Last Trade: 2.62
Trade Time: 3:59PM EST
Change: 0.15 (5.42%)
Prev Close: 2.77
Open: 2.80
Bid: N/A
Ask: N/A
1y Target Est: N/A
Day's Range: 2.57 - 2.82
52wk Range: 0.10 - 3.20
Volume: 369,579
Avg Vol (3m): 299,680
Market Cap: 86.91M
P/E (ttm): N/A
EPS (ttm): -0.03
Div & Yield: N/A (N/A
1/12/11 10:32 PM
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WEB
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speaking of facebook, will be interesting to see the offering for that next april!
1/12/11 10:41 PM
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jd11b
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Todd Lally - This is what I will pick!
FaceBook dating site!!!!!!!!!!!!!!!!!!!

This is the Dating site Facebook uses!!!!!

NAP INTERACTIVE(OTC BB: STVI.OB )
Last Trade: 2.62
Trade Time: 3:59PM EST
Change: 0.15 (5.42%)
Prev Close: 2.77
Open: 2.80
Bid: N/A
Ask: N/A
1y Target Est: N/A
Day's Range: 2.57 - 2.82
52wk Range: 0.10 - 3.20
Volume: 369,579
Avg Vol (3m): 299,680
Market Cap: 86.91M
P/E (ttm): N/A
EPS (ttm): -0.03
Div & Yield: N/A (N/A

 Heh, up 1100% since Dec?  That's sketchy and the volume is alarming, don't be surprised to see major sell off soon.
1/13/11 12:25 AM
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Todd Lally
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I got in at $1.60

I will let it ride! Who knows, maybe FaceBook buys them!

Here are my real plays:

BLK (bought it in the 160's) this one was bought by the "richest man in the world!" Carlos Slim!

CF Industries (CF) Fertalizer play!!!!!! (big for Corn and wheat)

HDB on this huge drop! (India Bank) Also IBN on the Drop (ICIC)

C Citi Bank Will buy more if it stays in the Fives!

BG Bungie AG play (Soy, Sugar and Fertalizer)

EC (colombian Oil play) love this one

Good Luck all!!!!!!!!!!!!
1/13/11 7:18 AM
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salyer36
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what are your guys thoughts on Cisco?
1/13/11 9:25 AM
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EVILYOSHIDA
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Solar may undergo a correction today. lost of stocks are down premarket.

hold for long term, the trend is still up. sell if you are just short term.

1/13/11 9:42 AM
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EVILYOSHIDA
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hope people too my plug call has been going up everyday.

EXCELLENT call with EEE. huge explosion.

1/13/11 10:07 AM
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Bean Bag
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Edited: 01/13/11 11:36 AM
Member Since: 11/23/02
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 Officially in NEOP (Neoprobe Corp) @ $2.44
The runup on this one should be sweet and I will be holding long term. 
NEOP Alpha Article

NEOP blog
 
Put Biodel (BIOD) on your watch lists.  It is up $.34 to $2.30.  Might be a short sqeeze. I love there insulin medication (Viadel) but hate their management.  I will selling soon unless there is a chance of a buyout of BIOD.   

Sold CHRI.ob @ $.08 and tripled my original investment.  I am putting a limit order in @ $.06.
1/13/11 11:46 AM
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jd11b
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 Awesome call on BIOD, wow

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