Wednesday, March 21, 2012

Stocks with upside momentum

NEWL, NFEC (worth adding to your watchlist. Momentum has just begun, earnings on 03/26. Anything is possible with tiny floaters like NFEC) TISA, SDBT, GTLT, CYBI, GALE (I've following it since couple weeks when it was at around .90 but todayit hit $2.8...missed it big time :( oh well...waiting for another chance.

I'm long NEWL, TISA, SDBT, GTLT, and CYBI.

NEWL - An international shipping company owning and operating tankers and dry bulk vessels. Highly risky but I am betting on the recent re-org which I think will turnaround the company and will sail in smooth waters. According to WSJ it has a teeny tiny float of 2.73 million shares. I bought it at $1.40 and dropped to .60 and then shot right back up again to $2 with various good news. I think this stock gained momentum and will reach new highs as traders start recognizing it.

TISA - In at $4, SDBT in at $3, GTLT in at $3, results were just out and looking great! CYBI in at $1.35

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!!!

1 comment:

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!!!