Small Cap Stock Pick of The DAY! Bought at 2.27
Jan 8, 2009 Small Cap Stock Picks, Technical Analysis
It was a mediocre day in the markets with the dow down 1/3 of a % as the nasdaq jumped over 1% being lead by stocks like PALM who had a huge rally today on the announcement of there new phone coming out. I was very close to buying this around $4/share today and sent out the end of day watch list to Black Service Members . By the time i got back to Palm it was already at 4.20 making me hesitant to buy as i missed my chance at $4. PALM closed at 4.45 on huge volume. So i’ll keep this one on the watch list.
Small Cap Stock Pick of the Day! – ????
I took a long position here in this small cap stock for just a 1/3 position as its somewhat illiquid of a stock but has a great looking stock chart and is expected to be profitable next year after taking a plunge for earnings in 2008. Looking at the stock chart it has formed a bottom and appears to be making a comeback with this new breakout above resistance today. I went long and alerted black service members at 2.27
Technical Analysis















