As December comes to a close I’m looking to use my cash and load up with 100% stock heading into January. The following five stocks are companies I currently own or plan to own as a part of loading the boat because I think they will run in 2012.
I like PZZI off of $5 dollar support and will look to accumulate 5,000 – 10,000 shares around there. QPSA is a former winner for us back in late October early November and I think 5,000 – 10,000 shares just below $3 is a good entry on that. RENN I’m not as confident because nobody is buying China right now but if it slips to $3 I’ll be looking to pick up a sizable position with a tight stop just in case market sentiment on China doesn’t turn. I already own 25,000 USAT and am at a loss, however I think this stock trades above $2 in 2012 so I’ll be looking to add more size as January comes closer. I’ve followed this company and sector for a year and think that could be one of my bigger scores in early 2012. Finally LQMT for the penny lovers. LQMT is an interesting story given their deal with Apple and Swatch so they definitely have the ability to become popular again in 2012. Given the sell off in December I’ll look to grab a small chunk at some point and let it ride in 2012.
The RESULTS ARE IN and THESE ARE VERIFIED DIRECT FROM ETRADE – Wednesday January 18th, 2012