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The last few years have been great to me, as i was able to clobber the S&P500 many times in returns. But of course, you can't make a living trading the markets if you don't make great great returns. I'll try to give my readers trades that i think will make them money. However, you need to have money management skills, in order not to lose everything on a greedy or stupid trade. I may or may not already be in the trades i recommend. I may or may not trade the stocks i recommend. Due diligence is required on your part and the usual disclaimer that i am not responsible for your losses always apply. I have no affiliations with any broker/dealer and all posts are for educational purposes only. Remember to 'refresh' the home page and the "Comments" pages frequently in order to receive updated posts. Let's rock!

Sunday, September 17, 2006

Don't Let Your Grandma Buy These: GIGM & EMED

These are very speculative plays that can offer high returns but comes with high risk. The bulk of your portfolio should not be in these types of stocks.

GIGM @ $11.18: Gaming software company that is growing revenues and earnings like crazy. Trading above $10 is very bullish for the stock. Very nice technicals. Short term/intermediate/longer term play. Stop loss around 9.50 .


EMED @ $.95 : A penny stock for you pennylovers that is growing its revenues nicely but is still very unprofitable. Seems to be getting alot of customers into their program. Maybe something big will start to happen. Overbought in the immediate term but doesn't mean it won't continue to chug along. Intermediate(1-3 months) and longer term (6-12 months) play.



2 Comments:

Blogger beanie11111 said...

Also, please be aware that this coming week is a very important week. The market could go up fast and furious, or it could drop like a hot potato. We are near major major resistance.

Sun Sep 17, 01:46:00 PM EDT  
Blogger Dusant said...

Hello beanie1111,

I would tend to be polite without raising a controversy.

You please stick to your markets, and allow me to play mine.

Thank you.

Dusant

Sun Sep 24, 12:01:00 PM EDT  

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