Monday, August 31, 2009

CLFD doubled after my alert on 06/25

CLFD doubled since the time the alert was sent out. As of today, it has IBD SmartSelect Composite Rating of 99 with #5 in the list of IBD value stocks under $10. I think CLFD is going to cross $5 soon...

Other Stocks - Take a look at Jennifer Convertibles (Ashley Furniture Stores) JEN. I took a small position at $1.24. I have been monitoring for the last couple of months when it was trading around .55 but since there was no volume for quite some time, I just stayed on the side lines but the stock started to move in the last few sessions and I bought it based on some technical breakouts... I think businesses like JEN will pick up fast once the economy turns around, read about their new stores here. My short term target is $3.

A general Caution and Advise -As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

2 comments:

  1. What is your opinion on SVA?

    ReplyDelete
  2. I would wait for a pull back. $8 - 8.50 is my downside target to enter SVA

    ReplyDelete

Who is Mr.Incredible?

My photo
New Jersey, United States
Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!