Posted by: fortunefaded January 25, 2010
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I have seen a lot of folks here play small caps. I will play a small cap every now and then, but it is no more than 10-15% of my portfolio. My small cap pick over the next few months is RPC. Today, it closed at $0.34. Target is $1.00 over the next few months. Warning: Small caps are very dangerous and you guys should use caution as the volatility is off the charts at times.
what I like about this stock is that there is a lot of volume coming in since early January. The pattern in the hourly chart also shows that we might get a decent 20-30% return in the very near future. I would be a buyer once 0.35 is broken.
FF
what I like about this stock is that there is a lot of volume coming in since early January. The pattern in the hourly chart also shows that we might get a decent 20-30% return in the very near future. I would be a buyer once 0.35 is broken.