Friday, November 6, 2009

Highly speculative picks

I am adding the following stocks to my Financial Tides VMSLO Marketocracy portfolio based on technical analysis indicators from BarChart. The portfolio is a continuation of the portfolio I used to win the Strategy Lab Open. These are stocks hitting new highs but trading less than 100K shares per day.

PTI - Patni Computer Systems
JW.A - John Wiley Sons
WSII - Waste Systems
CLCT - Collectors Universe

Remember that these are thinly traded stocks. If you add these to the speculative portion of your portfolio don't buy so many shares that you cannot get out in a timely manner.

Jim Van Meerten is an investor who writes on financial matters here and on Financial Tides. Please leave a comment below or email FinancialTides@gmail.com.
Disclosure: I do not hold any positions in these stocks at the time of publication

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