CPSS was alerted on 11/01/2012 when it was trading at $4.15. Click Here. It just closed at $8.50 today and that's a 100% return in just 3 months !!! That was INCREDIBLE !!! Congrats if you are still in it !!! There were lot of stocks like EAC, SLTC, CIMT, PRCP, HMNY that returned INCREDIBLE returns in a span of weeks !!!
Here is our new pick - ERS, Closing Price $4.70, Price Target: $9 - $10
Empire Resources Inc (ERS) - Empire Resources, Inc. engages in the purchase, distribution, and sale of semi-finished aluminum and steel products in the Americas, Europe, Australia, and New Zealand. Its semi-finished products include aluminum sheets, coils, plates and foils, rods, bars and wires, and extruded and cast products.
Reasons for buying:
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!!!
Here is our new pick - ERS, Closing Price $4.70, Price Target: $9 - $10
Empire Resources Inc (ERS) - Empire Resources, Inc. engages in the purchase, distribution, and sale of semi-finished aluminum and steel products in the Americas, Europe, Australia, and New Zealand. Its semi-finished products include aluminum sheets, coils, plates and foils, rods, bars and wires, and extruded and cast products.
Reasons for buying:
- ERS was uplisted from OTC exchange to NasdaqCM on Monday 02-04-2012, which is a game changer for the stock !!! This is going to let institutions and hedge funds enter the game. I am expecting the volume to raise and eventually get more attention from various sources.
- Low Float - 8M Outstanding Shares, around 5M in float. We love low float stocks !!! always !!!
- Industrial Metals are always correlated with stock markets. Markets are hot and will get hotter and hotter with conditions improving everywhere. Stocks like ERS excel in this type environment.
- Solid 3rd Quarter and confidence from management - read here
- The stock has gone absolutely parabolic in 2005 - 2006 (52 weeks): shares have shot up from $6 to $65 for a 960% return!!! We are going to see that HOT trend as the markets and industrial metals are always correlated.
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!!!
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