The Ambitious Trader: Stocks, Trading, Investing..My Ambitions as a Trader and Investor

This is a one way ticket that takes you on a wonderful journey into the vast world that is the stock market through my eyes, my point of view.

Wednesday, January 18, 2006

Stick with the Winners...

On market days such as these (down days), it is important to buy stocks that have dipped. But it is important that you buy a good stock. It doesn't pay to buy and hold onto a laggard. Doing that will only hold you back while other hot stocks that are in the same sector as your laggard are flying past you. Thats not the way to profit. To profit, you have to scan the market and pay attention to stocks that are showing abnormally high strength on such a dull trading day. These are the winners...

Some of todays notables are:

Corning Inc (GLW) at 25.24 and a new 52wk high at 25.33

Aluminum Corp of China (ACH) at 83.00, which is also the 52wk high.

Cooper Tire and Rubber (CTB) at 16.34/16.18

Liveperson Inc (LPSN) at 6.26/6.25 and a new high.

Thomas Group Inc (TGIS) at 9.50/9.46 and a new high.

Per-Se Technology (PSTI) at 26.91 Not a new high, but looking good.

Pegasus Wireless (PGWC.OB) at 14 and a new high.

NeoPharmaceutical Inc (NEOL) at 12.47 (improving)

Gerdau S.A (GGB) at 17.44, it is allowing a nice buying opportunity!

24/7 Real Media Inc (TFSM) at 9.33 is a steal at these prices.

Jones Soda (JSDA) at 5.75 is also a good deal on a hot stock

Jorgensen Earle (JOR) is at 13.22 (up +26.75%) from a buyout deal from RS Aluminum. Remember, I recommended JOR as a hot buy because it was a cheap stock! I hope someone listened!

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