Xwg
Here’s one you should look at closely:
XWG, Wireless Xcessories. I have been looking at this for a couple of days now, and it is trading around 5.90, and opened today at 5.88 and has been as low as 5.75.
I first discovered it in late January at 4.80, but it shot up to 7.35 in about a three-day time frame, before I had a chance to act on it.
I have come back to revisit it the past couple of days, and like what I see in the high 5’s.
It’s trading on very low volume, and has been in the 6.30-6.50 range in the past two and a half weeks, and I see this as a minor pullback, opening up an opportunity for the more adventurous traders out there. I plan on going in at 5.90, and am looking to get out of half at 6.50 for a 10% plus gain, and let the rest run, looking for 7.15 or better to walk away from.
With only 5 analyst watching this coupled with a relatively clean balance sheet and low volume could make this one of the best “sleepers” between now and mid June.
Remember, bet with your head, not over. Please check it out before you go in. I will most likely have a long position in XWG by the time you read this.
Here’s one you should look at closely:
XWG, Wireless Xcessories. I have been looking at this for a couple of days now, and it is trading around 5.90, and opened today at 5.88 and has been as low as 5.75.
I first discovered it in late January at 4.80, but it shot up to 7.35 in about a three-day time frame, before I had a chance to act on it.
I have come back to revisit it the past couple of days, and like what I see in the high 5’s.
It’s trading on very low volume, and has been in the 6.30-6.50 range in the past two and a half weeks, and I see this as a minor pullback, opening up an opportunity for the more adventurous traders out there. I plan on going in at 5.90, and am looking to get out of half at 6.50 for a 10% plus gain, and let the rest run, looking for 7.15 or better to walk away from.
With only 5 analyst watching this coupled with a relatively clean balance sheet and low volume could make this one of the best “sleepers” between now and mid June.
Remember, bet with your head, not over. Please check it out before you go in. I will most likely have a long position in XWG by the time you read this.
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