A Closer Look at Long Shots

Much of the talk over the weekend was, of course, centered on the Shockers and the Eagles, as well as the continuing drama in Cyprus. As brackets and the European Union debate exploded, one associate wondered if we couldn't just get all the Cyprus stuff behind us so we could talk about something new, like Spain, Greece or Italy. It seems that when it comes to Europe, the song remains the same and the news cycle just repeats itself every few weeks. The macro guys are celebrating or crying in their coffee this morning based on which way they bet the mess this time. Trying to decide which way the various global political and financial winds will blow in an attempt to profit seems like way too much work to me so, I will stick with finding stocks that might go up in multiples instead of percentages and hoping that Duke can muddle tough and save my bracket.

Most of my attention this week is being spent finding and developing long shot ideas. Over the past week or two, I outlined what is still cheap enough to buy right now among classic value stocks. Until we get into earnings season, I do not expect this list to change much so I am wandering the darker corners of the stock market kicking over rocks in search of actionable ideas. Buying a portfolio of somewhat higher risk but potentially spectacular rewards has paid off big the past few years, so I thought I would dig around and see what is lurking in the shadows....449 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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