Saturday, May 9, 2009

MOVE #220: the $2 stock play ~ E TRADE Financial Corporation (Public, NASDAQ:ETFC)

MOVE #220: The $2 stock play! 

STEP #1: BUY under $2.00
STEP #2: SELL above $2.20

BOTD LOGIC: When a stock heads toward $2 and breaks through, it breaks through hard 10%+ ... $2.20+, hence move #220.  Once a stock crosses $2, certain funds immediately pick it up, whether that causes the move, who knows, just know it's been working.  

BOTD loves to "over-anticipate" .... the FRIDAY BUY on E*Trade! (ETFC) @ 1.87! (target = $2.20+) 

Check these Recent MOVE #220 WINNERS:
 LF,PIR,WRES,THC,DYN,WNC,BPHX, GKK *click-2-charts*

Trade Ideas: STOCKS from $1.67 to $1.99 with at least 100,000 daily volume (quick scan) *click here*

Within the SCAN look for "multiple indicators of strength" ... unusual volume, bullish chart patterns, ideal entry pullbacks, the industry/sectors current popularity, or how about a company you've actually heard of ?! ... although in the recent rally you could've bought just about any stock under $2 and made 40%+ profits. 

    *WHERE'S MY TWO DOLLARS!?!* 

 p.s.  This also works at 50cents, $1, $4, $10, $100, etc  ... stocks break through that round number and continue higher.  How about that $PWAV!?!!!  ... same idea here, when PWAV broke $1 it shot up to $1.30+ *click for Chart.ly P~WAVE!

p.p.s.  Check out these 7 stocks priced .47-.50, hmmm.  

PULLBACKS + PATIENCE = PROFITS 

10 comments:

pick one, which one? said...

1. NVAX - NOVAVAX INC
2. ACAD - ACADIA PHARMACEUTICALS INC
3. KFN - KKR FINANCIAL HLDGS LLC
4. ETFC - E TRADE FINANCIAL CORP
5. PMI - PMI GROUP INC
6. CT - CAPITAL TRUST INC MD CL A NEW
7. UFS - DOMTAR CORP
8. KAZ - BMB MUNAI INC
9. FRP - FAIRPOINT COMMUNICATIONS INC
10. BLC - BELO CORP COM SER A
11. FBC - FLAGSTAR BANCORP INC
12. RAS - RAIT FINANCIAL TRUST
13. CAEI - CHINA ARCHITECTURAL ENGR INC
14. CVGI - COMMERCIAL VEH GROUP INC
15. CRBC - CITIZENS REPUBLIC BANCORP INC
16. FRZ - REDDY ICE HLDGS INC
17. GPK - GRAPHIC PACKAGING HLDG CO
18. SONS - SONUS NETWORKS INC
19. STEM - STEMCELLS INC
20. ENTR - ENTROPIC COMMUNICATIONS INC
21. UFI - UNIFI INC
22. FTBK - FRONTIER FINL CORP WASH
23. GMO - GENERAL MOLY INC
24. NXG - NORTHGATE MINERALS CORP
25. LAVA - MAGMA DESIGN AUTOMATION

cont ... said...

26. SSP - SCRIPPS E W CO OHIO CL A NEW
27. GPM - GENERAL MTRS CORP DEB SR CV C 33
28. STKL - SUNOPTA INC
29. SATC - SATCON TECHNOLOGY CORP
30. SYNM - SYNTROLEUM CORP
31. SAY - SATYAM COMPUTER SERVICES LTD ADR
32. EXAS - EXACT SCIENCES CORP
33. IVAN - IVANHOE ENERGY INC
34. AZC - AUGUSTA RES CORP COM NEW
35. ORBC - ORBCOMM INC
36. LSCC - LATTICE SEMICONDUCTOR CORP
37. CNTF - CHINA TECHFAITH WIRLS COMM TEC SPONSORED ADR
38. MVIS - MICROVISION INC DEL
39. LIOX - LIONBRIDGE TECHNOLOGIES INC
40. GSL - GLOBAL SHIP LEASE INC NEW SHS A
41. NGD - NEW GOLD INC CDA
42. ALXA - ALEXZA PHARMACEUTICALS INC
43. EXTR - EXTREME NETWORKS INC
44. SPRD - SPREADTRUM COMMUNICATIONS INC ADR
45. OMNI - OMNI ENERGY SERVICES COM NEW
46. EXK - ENDEAVOUR SILVER CORP
47. SUPG - SUPERGEN INC
48. APPY - ASPENBIO PHARMA INC
49. SCLN - SCICLONE PHARMACEUTICALS INC
50. HPGP - HILAND HLDGS GP LP UNIT LP INT

Anonymous said...

51. RBY - RUBICON MINERALS CORP
52. WGW - WESTERN GOLDFIELDS INC CDA COM NEW
53. ACTS - ACTIONS SEMICONDUCTOR CO LTD ADR
54. ENTU - ENTRUST INC

BUY ON THE DIP said...

add RAD and BBI to watchlist.

*BBI from RC @ iBC.

RAD ready for$1 and beyond ; -)

Anonymous said...

RAD 1.06 +0.16‎ (17.78%‎)

BBI 1.14 +0.10‎ (9.62%‎)

BUY ON THE DIP said...

random "bullish" scan:

CYTX 3.19 +0.69 (27.60%)
TINY 4.55 -0.03 (-0.66%)
BGP 2.60 +0.15 (6.12%)
ARIA 1.35 +0.03 (2.27%)
MF 5.72 -0.31 (-5.14%)
DL 5.15 +0.66 (14.70%)
LRN 16.44 -0.56 (-3.29%)
KOPN 2.89 +0.06 (2.12%)

seizure said...

thanks for the POT call reco BOTD!

seizure said...

it was $1.90 and sold at $3.90 for me

Anonymous said...

GBE the new $1 play.

Grubb & Ellis lands 55 West leasing gig

Kevin said...

check out stemmers.... on the move from gern, ctic, and cbai momo!

READY FOR BREAKOUT: STEM (within 1 week) Target: +50% or 3$/share

golden cross just happened, will move fast once it breaks that ascending triangle.