5 stocks for the Mad Money Challenge

[arbicsacal]

I'm not going to play because I don't like the rules. Plus if I was lucky enough to win and had to interwiew with Cramer I doubt I could refrain myself from telling him what I think of him! :lol: Here they are with target entries. I guess you will have to put in an order during the day it is trading closest to these prices to get the closing price for that day. Just play these five. Start with 5K to 7k on each. Add on weakness or strength. Take some off as soon as each has generated at least a 50% gain. If you do it let me know when you take profits and I'll have more picks!

SWKS 3.60
JVA 3.85
UTSI 3.70
HGSI 5.50
ANTP 6.95
F 6.40
IIG 2.95

[aqokiyeusare]

Nice! I already get to lower my buy target on one! Lower entry target on ANTP to 6.25 from 6.95. you know the way it goes. Buy low, sell high! :wink:

[axamava]

Not if they bought JVA it appears XB :lol: But let me go ahead and clarify how this thingy works. None of these picks have hit the target entry price listed as of yet. My suggestion is to wait until these targets are hit, buy a partial position, add on weakness (I'll update), sell 1/2 when a 50%+ gain is acheived, hold the rest of your position for even bigger long term gains. BTW, the chances are better than good that a couple of these will run for very big gains before they hit my targets. My final target for SIRI is below .50 for instance and I set that target when it was trading below 1.00! From there it ran to 9.75 before my target was ever hit! But don't worry, SIRI will someday hit my sub .50 target. You are going to need to be patient though. http://onlinetradersforum.com/styles/default/xenforo/clear.png

[awikuvakumije]

I think that ANTP thangy is gonna be a good one that should easily triple your money if you buy it right. Actually, it should triple your money even if you buy it right here and hold for 12 months. ANTP was once a "buy at any price' stock and favorite of the frenzied crowd. It went from that to a "buy the pullbacks'" stock, kind of like the oil pigs are right now http://onlinetradersforum.com/styles/default/xenforo/clear.png , to a "this thing has got to bottom soon" stock. It is getting ready to enter my favorite phase of the cycle "sell everything Gladys!" :lol: That's the complete cycle. The strategy is to short the frenzy and buy the panic. And those happen to be the times when most investors are least likely to do exactly that! :wink:

[admin]

Hopefully SWKS will hit my target on the next pullback in the Naz which could start as early as late today. The next Naz tumble should bring SWKS to me target. And ANAD is not a bad long term play IMO Michael, although I usually have the opposite opinion of Jim Jubak on 95% of his picks. http://onlinetradersforum.com/styles/default/xenforo/clear.png