Welcome to the fantasy that is a Million Bucks for some, for others a reality. In the midst of all the financial mess and recession/depression fears, wouldn't it be ironic if at least one new millionaire was created trading the garbage stocks out there?
It's the Detroit Auto Show right now, and as a lover of cars, I continue to believe the world still needs some American cars and auto parts. So, starting today, 12 January 2009, let's track two auto parts companies. ARM and HAYZ, both could fail, but both could make excellent trades over the coming weeks.
What else is in the trash can? Oil, gas and resource stocks...uranium stocks....
18 February 2009 update: Clearly above 2 picks performing well for the shorts...:p HAYZ appears to be bottoming though....
What I'm watching now from Canada: BBD/B.TO and BVT.v Bombardier may be a good buy around $2.40 let's watch it okay.:)
a good uranium stock imo for cheap is BVT.v (Long term looking for .25+)