The speculation gene is alive and mutating in Supermodels readers this summer, as I received hundreds of responses to my request for suggestions on
In a country that loves lotteries, race tracks and slot machines, there's little wonder that more than 90% of the ideas were the sort of very small companies that the investment world calls microcaps -- and more than half of those were the very iffy companies that trade in the netherworld of the notorious Pink Sheets or on the Bulletin Board.
Blame me for making the criteria so open-ended. I required only a price over $1, market capitalization over $50 million and daily trading volume of 25,000. And my own nine suggestions weren't exactly contenders for heavyweight crowns. The pick that I offered that has risen the most since -- fulfilling its one-year target in two weeks with a 117% gain -- was New Dragon Asia (NWD), a small but mighty maker of instant noodles in northern China.
So in the spirit of those who like their free lunch fast and hot -- and with a caveat that they could easily spill and burn -- here are some readers' proposals for stocks that could double in the next year. (Because I'm a penny-stock prude, and to provide a modicum of sobriety, I have removed all of the Pink-Sheet and Bulletin Board ideas from this soup.)