1 Stock
Greg,
That’s hard. I hate picking just one. For the sake of using macroeconomics, China’s my favorite country and they aren’t hurting fundamentally as bad as we are. My favorite “ultra-high” risk play is GHII. It’s a penny stock that is trading at 11 cents and in my opinion is worth about $2 or more. Please give it a PE of at least 10.
If you like options, buy 2010 January Calls on CEDC.
Those are my two favorite ideas right now. CEDC is way too cheap, I sold my stock and bought the options @ $30. I could be an idiot, who knows… but at least I’m basing it on the fundamentals and probabilities.
Glen
From: tubertini Sent: Sunday, October 26, 2008 10:30 PM To: gbradfo Subject: one stock
Glen,
I have a discretionary account in which I have set aside for risky but potentially lucrative investments. If you had to pick one stock that has been beaten down but has the most potential to sky rocket once the bank failures and poor economy is behind us what would it be? By the way, great articles on Stockpkr.
Greg Tubertini
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Glen Bradford
Investor · Builder · Writer
MBA from Purdue. Former hedge fund manager. Holds 26 series of Fannie Mae and Freddie Mac junior preferred stock. Built Cloud Nimbus for Salesforce consulting. Author of Act As If. Writes about investing, building things, and the longest financial fraud in American history.
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