Saturday, January 21, 2017

1/21/2017: several long term high potential-high risk picks

I recently start a new method which use accumulation/distribution extreme to detect certain stock bottom out. This method has not been fool proved yet. The following stocks fall into this category. I have small positions in each of them. I am expecting them to have 50%~multiples gain within one or two years. But I am sure some may not come to the expectation. I will periodically check their performance and make some adjustment.

Column1 Column2 Column3 Column4 Column5
Date bought price bought Date update price update
AG 1/20/17 $9.10
CYH 1/20/17 $6.60
ERIC 1/20/17 $5.80
GLUU 1/20/17 $2.30
NOK 1/20/17 $4.76
SPWR 1/20/17 $6.90
WFT 1/20/17 $5.40
  
In summary, GLUU and SPWR so far yearly cash flows are negative, there may be a concern about the company's survival. Others' cash flow looks fine. This is the sample to test my strategy. It is a reference, no need to follow.   

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