Give me 2 or 3 good stocks to buy for a quick flip and explain why you think this is the stocks to get into.
2007-04-28 12:09:31 · 15 answers · asked by thatlunatic 2 in Business & Finance ➔ Investing
If you are trying to have people hand you answers on which stock to make quick profits from, you would have a better chance putting all of your money on red or black at roulette.
Learn how to do some very simple Technical Analysis, follow stocks that take large plunges as every now and then they are unwarranted and correct upwards very shortly after. (Focus on good, reliable companies)
I would suggest learning about Bollinger Bands, Stochastics (Fast for quick flips), P/E ratios, volume levels, volatility, and lastly read the individual reports on your brokerage's site, focusing on stocks in the neutral to outperform sectors. Use your screener tools to find stocks with low short interest, low P/E's, and possibly around their 52-week low.
Lastly, even though I flip stocks occasionally, I only trade in companies that are turning a profit and look to continue to do so, therefore you may want to screen for EPS > .01
Good Luck!
2007-04-28 21:14:25 · answer #1 · answered by Kerouac906 2 · 0⤊ 0⤋
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2016-02-15 20:08:28 · answer #2 · answered by Anonymous · 0⤊ 0⤋
Today is my 22nd birthday, and I started investing in the stock market exactly 4 years ago today, when I was just about to graduate from high school. I trade only options, not the stock itself. Today, I have over $310,000 in my account after paying $145,000 cash for a house in Tennessee last week. I made $30,000 in the market last month with only 5 trades. I started out by trading low-priced stocks, but after learning about options, I never wanted to trade stock anymore. I suggest you learn first, and practice with fake money before using real money.
2016-04-01 00:05:28 · answer #3 · answered by Anonymous · 0⤊ 0⤋
Knightsbridge Tankers Unlimited -- VLCCF is a great buy.
Not only does VLCCF pay a great dividend, but given the current energy price increases, the oil shipping business has been doing exceedingly well.
The stock has been up roughly 4.00 per share over the past month.
2007-04-28 14:22:54 · answer #4 · answered by Anonymous · 0⤊ 1⤋
DNDN
very volatile but moves in 1-2 dollar daily swings....This stock should run up from $15 ish to $18-$20ish from here to May 15 ....Company is waiting on a drug ok from the FDA...if approved this will be $25-30 instantly
2007-04-28 14:14:38 · answer #5 · answered by JoeFriday 1 · 0⤊ 1⤋
If it's good for a quick flip, then the pre and post market trader's have already run it and flipped it.
Watch the macd crossing above 0 and a confirmation signal with stochastics not being oversold.
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2007-04-28 12:44:00 · answer #6 · answered by SWH 6 · 0⤊ 0⤋
Look at the 52 week low list. If you can find a stock that trades to their 52-week low intraday then you can at least ride it up a point or two while the shorts cover their positions. You have to be very nimble to do that, but it is the surest consistent way to make incremental profits. There are always shorts and they are always looking to cover.
2007-04-28 15:19:38 · answer #7 · answered by phildarthebuildar 3 · 1⤊ 1⤋
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2007-04-30 01:32:15 · answer #8 · answered by ak_pathik 3 · 0⤊ 0⤋
1
2017-03-01 09:01:20 · answer #9 · answered by ? 3 · 0⤊ 0⤋
You should check out PJP
The value of this stock is skyrocketing! If used to be about $16 and now it's higher.
2007-04-28 17:00:22 · answer #10 · answered by Anonymous · 0⤊ 0⤋