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mardi 31 juillet 2012

The Play Of The Day DOUBLE PLAY: BZH & FBP

What ??? Again ???

Well BZH has just hit what i will now consider the buying price for a quick play.

BZH has not stayed at that price very often and not that long when conditions were good are they are actually.

With all that is happening right now on the positive side, i expect BZH to make a 7-10% move (to the upside) very rapidly as many are now expecting more actions from the Fed and if that was to happen i would probably think more of a 10-15% increase very rapidly.

BZH is one of my favorite as a quick play as it is almost explosive when it starts to march upward exactly as FBP did last week (if you bought FBP AT 3,39$ or close to , you would have been able to sell over 3,85$ last friday for a 15%+ return in 1 week)

I would not go all in as i am still checking out on FBP. It is back to the 3,66$ area and if it dips below that, i will start getting back in.

So today is almost a double play day...

As usual (and more actually) DO NOT INVEST MORE THAN YOU CAN AFFORD TO LOSE and always do your own due diligence before investing in any stock. CHEAP SHARE PRICE does not necessary mean a real bargain. Play with extreme caution.

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