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Started By
Message
re: Dollar Stocks
Posted on 8/7/13 at 11:06 am to TigerEyes
Posted on 8/7/13 at 11:06 am to TigerEyes
quote:
With that said, I would feel very confident starting a position today.
I wish I could have gone about 2000 shares at 1.80 today - it would have been a good buy. I'm not poised yet. It definitely looks like a good stock - and one that few people are talking about - but will be changing soon.
2
Posted on 8/7/13 at 11:52 am to Ace Midnight
I am still liking MSLP. I have been watching this stock for over 2 years. Started out with very little revenues, losing a lot of money quarter to quarter. Management was always a joke, and focused more on how they could spend their money than cut expenses. Things seem to have shaped up, and they are expecting their first profitable quarter very soon. They have been rapidly expanding their sales channel and international sales, and consistently have 5 to 10 products in the Top 50 at BB.com. They are also expected to be uplisted to NASDAQ soon, which should bring in some institutional investors. Maybe not a steal anymore at these prices, but in my opinion there is a real opportunity to make some money once they announce their first profitable quarter and are uplisted.
Posted on 8/12/13 at 8:00 am to Ace Midnight
quote:Does that mean it's even a better buy this morning at $1.59?
I wish I could have gone about 2000 shares at 1.80 today - it would have been a good buy.
ETA: make that $1.55.
This post was edited on 8/12/13 at 8:01 am
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