This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
Stocks Under $10 with 50-100% upside potential - 14 days FREE!

Revisiting Some Fast Movers

Editor's Note: This was originally published as an alert at 8:55 a.m. EST on Dec. 15 to subscribers of TheStreet.com's Stocks Under $10. The stock prices and returns have been updated to reflect today's levels.

It has been one week since we put together a basket of low-dollar stocks that we believed could soar into year-end. We want to give you readers an update on how those stocks have performed and what action we would be taking here if we had added the stocks to our model portfolio. (We didn't take action, because we had 16 positions at the time.)

Here is how the five stocks have done since we wrote on them last Wednesday:

  • StemCells (STEM) has climbed 10% to $3.28.
  • Aphton (APHT) is 10 cents lower at $3.12.
  • E-Loan (EELN) has climbed 20% to a recent $3.41.
  • Tut Systems (TUTS) is up more than 9% at $4.09.
  • OpenTV (OPTV), a model portfolio stock, has stayed about even.

    If you bought one share of each stock, you would be up 6% on your investment. As we noted in an alert last Friday afternoon, we would urge readers to be prudent and take some gains off the table when the opportunity presents itself.

    We already suggested moving out of some E-Loan for a 27% gain, and would take more off the table into today's strength. The 17% gain last Wednesday was driven by news that Capital One (COF) is making yet another acquisition in the online mortgage space. As we said initially, E-Loan is still cheap relative to the recent takeout prices, and the stock could trade closer to $4.50 a share before this run is over.

    While it may seem counterintuitive to sell speculative, volatile stocks like these into the first round of strength, look no further than our biotech pick Aphton for validation of this method. We suggested trimming positions in this name on Dec. 10, when the stock was closer to $3.90 a share. The stock has pulled all the way back since then, but the risk to performance was reduced with the smaller position.

    We continue to believe catalysts loom for interactive TV play OpenTV, digital video enabler Tut Systems and regenerative stem-cell play StemCells. We would continue holding these names, because investors still feel the need to chase small-cap stocks.

    P.S. Remember, stocks priced under $10 have the potential to move quickly. So, you might want to get our current recommendations now with a free trial to TheStreet.com Stocks Under $10.

    William Gabrielski is a research associate at TheStreet.com and is accredited with a Series 7 license. In keeping with TSC's editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Gabrielski welcomes your feedback and invites you to send your comments to william.gabrielski@thestreet.com.

    Interested in more writings from William Gabrielski? Check out Stocks Under $10. For more information, click here.

    David Peltier is a research associate at TheStreet.com In keeping with TSC's editorial policy, he doesn't own or short individual stocks. He also doesn't invest in hedge funds or other private investment partnerships. Under no circumstances does the information in this column represent a recommendation to buy or sell stocks. Peltier welcomes your feedback and invites you to send your comments to david.peltier@thestreet.com.

  • Select the service that is right for you!

    COMPARE ALL SERVICES
    Action Alerts PLUS
    Try it NOW

    Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

    Product Features:
    • $2.5+ million portfolio
    • Large-cap and dividend focus
    • Intraday trade alerts from Cramer
    • Weekly roundups
    TheStreet Quant Ratings
    Try it NOW
    Only $49.95/yr

    Access the tool that DOMINATES the Russell 2000 and the S&P 500.

    Product Features:
    • Buy, hold, or sell recommendations for over 4,300 stocks
    • Unlimited research reports on your favorite stocks
    • A custom stock screener
    • Upgrade/downgrade alerts
    Stocks Under $10
    Try it NOW

    David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

    Product Features:
    • Model portfolio
    • Stocks trading below $10
    • Intraday trade alerts
    • Weekly roundups
    Dividend Stock Advisor
    Try it NOW

    Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

    Product Features:
    • Diversified model portfolio of dividend stocks
    • Alerts when market news affect the portfolio
    • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
    Real Money Pro
    Try it NOW

    All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

    Product Features:
    • Real Money + Doug Kass Plus 15 more Wall Street Pros
    • Intraday commentary & news
    • Ultra-actionable trading ideas
    Options Profits
    Try it NOW

    Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

    Product Features:
    • 100+ monthly options trading ideas
    • Actionable options commentary & news
    • Real-time trading community
    • Options TV
    To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
    Submit an article to us!
    DOW 16,912.02 -73.59 -0.43%
    S&P 500 1,965.56 -7.27 -0.37%
    NASDAQ 4,401.32 -17.7140 -0.40%

    Brokerage Partners

    Rates from Bankrate.com

    • Mortgage
    • Credit Cards
    • Auto
    Advertising Partners

    Free Newsletters from TheStreet

    My Subscriptions:

    After the Bell

    Before the Bell

    Booyah! Newsletter

    Midday Bell

    TheStreet Top 10 Stories

    Winners & Losers

    Register for Newsletters
    Top Rated Stocks Top Rated Funds Top Rated ETFs