Stalking the Single-Digit Winner
Single-digit stocks came roaring back to life in January, caught up in a strong speculative bid, after months of leadership from safe-haven names. The rotation into these cheap plays should continue into the springtime, and momentum traders should get plenty of opportunities to buy high and sell even higher. Just keep in mind that there are the unique risks when playing these tiny wonders.
Cheap-stock rallies fall into two distinct categories. First are the small-caps, whose unique products and growing revenue attract the attention of Wall Street and chat rooms. Second are the fallen giants, which, after long downtrends that wipe out shareholder value and most of the stock's price, attract the bottom-fishing crowd and turn higher....528 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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