This Day On The Street
Continue to site
ADVERTISEMENT
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

November Stock-Slayer Report

China Integrated Energy (CBEH): The old saying "timing is everything" rang true last week, as CBEH shareholders (of which I am one) got disappointed by the $5.75 pricing of the secondary offering. A few weeks earlier, and it may have been priced higher. Look for new research coverage and a management team fired-up to deliver. With almost 90 cents a share in 2009 estimated earnings, I said buy below $7.00. I'm sticking with it. (Disclosure: I own this stock).

Bank of America (BAC - Get Report): I said I may live to regret this pick, and it hasn't taken me long to live up to that concern. They need a new CEO and to get the government out of the business and then I really believe their franchise will pay off. I recommended it at $16.50 and it's $14.50. Hold it for now.

QKL Stores (QKLS - Get Report): Since I recommended this stock last month, it moved to the Nasdaq and looks like it's about to complete a secondary offering. With more cash, it can fuel its 100% growth rate. Watch to see how well the secondary does and what its quarter earnings look like. If both go well, watch out! This one could really move higher quickly. (Disclosure: I own this stock).

At the time of publication, Sumichrast was long CBEH and QKLS.

Co-author of multiple books in real estate and finance including "The New Complete Guide to Home Buying" and "Opportunities in Financial Careers", Martin Sumichrast brings a wealth of experience in the financial markets. Internationally renowned, he was involved in the re-emergence of Eastern and Central Europe after the collapse of the Soviet Union and the Chinese expansion into the U.S. capital markets. You can learn more about Martin at www.SumichrastReport.com.

2 of 2

Check Out Our Best Services for Investors

Action Alerts PLUS

Portfolio Manager Jim Cramer and Director of Research Jack Mohr reveal their investment tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
Quant Ratings

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
Stocks Under $10

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

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
14-Days Free
Only $9.95
14-Days Free
Submit an article to us!
SYM TRADE IT LAST %CHG
CBEH $0.11 8.37%
BAC $16.11 0.00%
GE $27.31 0.00%
HNP $57.33 0.00%
PHM $19.62 0.00%

Markets

DOW 18,024.06 +183.54 1.03%
S&P 500 2,108.29 +22.78 1.09%
NASDAQ 5,005.3910 +63.9670 1.29%

Partners Compare Online Brokers

Free Reports

Top Rated Stocks Top Rated Funds Top Rated ETFs