Investment Thoughts by Nick at Ambitions as a Stock Trader

Submitted by My Ambitions as a Trader and Investor

In Play: SLT

If one wants to initiate a position in this Indian mining behemoth, now is the time. SLT has pulled back a bit after last weeks incredible run up and looks poised to travel along its 10 day MA for now. I'm going to be adding some for my position.

Keep an Eye on the Little Guys....

As more and more buyers continue to snatch up speculative stocks, it pays to keep your attention focused on the micro/small-cap stocks with low floats. Keep an eye on SMIT, TRNS, PTG, SNR SMTX, MAIL and PED.

Bullish Case Revisited: BZC

Frequent readers of my blog may have noticed that I have become an avid fan of BZC. Although I'm not a fan of BZC's undulating chart pattern and price action, I do like the strong potential fundamentals. While other military and war plays (such as SPAR, NAVZ, FRPT, etc) have dominated Wall Street, BZC still hasn't been given the spotlight. I believe that this earnings season will be the perfect opportunity for Wall Street to become aquainted with this military underdog.

Buying Opportunity

It looks like todays correction turned out to be a minor one as eager traders bought on the dips and took advantage of the markets bounce off of the intra-day bottom. Pullbacks were plentiful and they provided a great opportunity to add more to position. There are several stocks that I am keeping an eye on for earnings. They include: SLGN, SMIT, VMI and AME.

My Ambitions as a Trader and Investor is not a registered investment advisor. Please read the complete Small Cap Stocks Blog Disclaimer


Visit 1800blogger to see all of our industry leading blogs