As the market suffered yesterday, there still were plenty of unfound opportunities to be discovered.
There are 3 stocks that I like after and incredible amount of due diligence.
All 3 picks fall into your risk category; is a short term play, the other a
high reward play, and the other a long term play.
The short term play I expect to go up about 20% in the next couple days.
The stock is TRFYE (which will be trading today as TRFY. It just lost the E
today and only now are investors picking up on it (most are long term) and if
you look at the charts, TRFY(E) is still trading near a 52 week low and
should move into the .70 zone in a couple weeks.
TRFY : Closed at .41
My next pick is money in the bank. The company is ICNW (Integrated
Communications Network). I've spoken to IR about their company, I have
spoken to an investor who invested in the company, this is a real opportunity.
The prestigious stockreporter.de website gave ICNW a price target of $55 and
revenues are increasing at an exponential rate. The company currently trades
on the Pinks but has already filed for a Nasdaq Small Cap listing. The
bid/ask today was $3/$3.50 which is INCREDIBLY low because he
listing is just
a matter of time.
They just filed their amended S-1 with the Naz plus their quarterly report
and according to Tony McIntosh of ICNW investor relations, they are just
waiting to hear back from the Naz. EASILY a $8-10 stock once they get the
listing, which they will get.
ICNW (you might find it under ICNW.F) closing price: $3 1/8
The final LONG TERM pick is the KNOT. This is a dot com stock but please
don't worry. This dot com is the leading wedding site plus they are
diversified with recent acquisitions of the Weddingpages and other
partnerships. AOL owns an 8% stake in the company, they just renewed their
contract with AOL, they have 3 strong buy ratings from analysts, plus they
have a chance to be PROFITABLE by year -end. You heard right, a
dot com that
could be profitable. They beat whisper #'s by a nickel and the booming
wedding industry this year means more of the same in future quarters. Low
year end price target: $20 High end: $36-40
KNOT closing price : $5.50
