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What stocks should i order for wednesday December 26?


I trade for long term, and also day trade. I would like advice on which stock i should buy, preferably mass order. stocks under a 2 dollar quote which seem profitable in the near future.

Thank you!

Stocks under $2 a share are usually pretty troubled companies and extremely risky, that being considered, here are a few suggestions for lower priced stocks:

BCON (Beacon Power Corp) $1.56
CPST (Capstone Turbine) $1.55
CDE (Coeur D Alene Corp.) $4.35
CEDU (China Education Corp.) $8.70
SOV (Soverign Bancorp.) $11.95

If you're a day trader, you know how fast the market changes. You HAVE to do your diligence.

Personally, I won't trade any stock which is less than $26.50 per share AND trades AT LEAST 350,000 shares each day. I have other rules too, BUT to each his or her own.

Thanks for asking your Q! I hope I gave you a little guidance.

VTY,
Ron Berue
Yes, that is my real last name!

If you are trading stocks that are priced under $2 then there is no way that anyone can tell you which ones will go up in price. Think about it. Companies trading on the major exchanges are required to file quarterly income statements describing the explicit details of their revenue. They must say when they buy or sell stock. They give guidance about future expectations. They hold conference calls where analysts can ask them whatever they would like about the companies business. Their companies are constantly in the news where any hint of upside or downside developments are rapidly disseminated. Yet in spite of all that information, analysts are still wrong a large percentage of the time on whether the stock price will go up or down. If they are unable to predict stock prices with all that information, how on earth do you think that someone can predict the price of a penny stock about which they know practically nothing?

If you want to gamble, then go ahead and buy penny stocks. But if you want to make a living in the stock market you should learn to trade mid and large cap companies. At least there you have a fighting chance.

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