MAY sell off BOUNCE STOCKS

pirelli

The May sell off will most likely end in a bullish rally. The best prices are usually found on the worst day during the sell off. So to be prepared for a Gap up.

I was wondering if everyone could chip and start a list of stocks that have fallen in share price but are stocks you feel will bounce back whether it be technical and fundamental or just a gut feeling.

( doesn't matter whether they have further to drop but once they have dropped a fair bit)

I have one that i think will perform very well once the sell of stops. It is chinese however and has large technical gap down to $2 but I think $3 will hold and it will give an easy 35% return.

China Ritar Power Corp ( CRTP)




First Quarter Highlights
-- Revenue increased 51% year-over-year to $24.8 million
-- Domestic sales increased to 26% of total revenue
-- Gross profit increased 45% year-over-year to $4.8 million
-- Net income increased 197% year-over-year to $1.6 million
-- Fully diluted earnings per share were $0.07, up from $0.03 in first
quarter 2009

Outlook strong

This stock is performing very well with an additional 10 production lines coming online in the second half of 2010.





USA home building is up 45% for two consequtive months. CHCI is and beazer homes are relatively cheap.

Beazer Homes USA, Inc. (Public, NYSE:BZH)





X USA steel reported another dissappointing loss this quarter but it's flat rolled steel section is slowly gearing up to break even and return a profit. It has forecast that it will begin to make a profit in 2010. This technically isnt the type of stock that I want listed as it won't rally like the more aggressive stocks i am looking for but is a good example of a share price set to rise that might offer a cheap entry point.

displaced dub

smurfit kappa, thinking of buying more tomorrow.

crapmanjoe

Great idea for a thread

Unfortunately Im mainly just spread betting on currency and indicies at the moment so I have nothing specific to add

Once I see a specific bull trend I'll start paying closer attention to individual stocks

Hopefully get a few ideas from this thread

Bullish

FAS
Everyone and there mother is short right now. When this market turns it will be a stong rally

WildBoots

Bullish wrote: »

FAS
Everyone and there mother is short right now. When this market turns it will be a stong rally

Something to keep in mind!


http://www.tickerville.com/index.php/site/comments/stop_buying_the_dip/

pirelli

Bullish wrote: »

FAS
Everyone and there mother is short right now. When this market turns it will be a stong rally

Good call and its up 7%.


THE S&P has just formed a double bottom. If this holds we are in for a some fun. I thnk SOLAR is meant to rise 48% this year so everyone time the solar industry drops you can swing trade it back up. That's more reliable than fas if it goes against you as it will bounce even on a down day in the afternoon on a bad day whereas FAS won't. TSL hit $15 yesterday and moved back up to $18 the same day on one of the markets worst day.

pirelli

WildBoots wrote: »

Something to keep in mind!


http://www.tickerville.com/index.php/site/comments/stop_buying_the_dip/

Very good! Really worth watching. I am much of the same mind set. Maybe october before we become bullish with a some strong swing trades with bearish decline until september october. It might hit another high pint between now and then but there has to be some uncertainty now.

Bullish

The may 6th low hasnt been traded through yet...
I think it needs to on the DJI , Just my guess

pirelli

Resource Capital Corp. (Public, NYSE:RSO)

In the near future

Thompson Creek Metals Company, Inc. (Public, NYSE:TC)

pirelli

pirelli wrote: »

Resource Capital Corp. (Public, NYSE:RSO)

In the near future

Thompson Creek Metals Company, Inc. (Public, NYSE:TC)

RSO is up 15 %
TC is up 11%

Not great there were better.

US steel x is up 7 % today
(Good stock to have)

ACH ( my favorite ) is up $3.50 15%.