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I have just over $3,000 I'm looking to spread throughout next week in some fast moving stocks.  I currently have my eye on KOG and MCP.  Thoughts on some stocks to turn a profit.  I'm not looking for anything long-term, I have enough securities wrapped up in long positions.

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dmnd buy at 23 sell at 25

dmnd scares the hell out of me after the fiasco last week but i'll keep an eye on it.  thanks

volitility makes money too. THAT SAID: Since you are not a gambler, do the math and buy every share you can of DE before their earning WED AM BEFORE THE MARKET OPENS. This means catch a low tuesday. Most fund managers dump shares cause it (earnings) scares the hell out of them. basically they dont gamble with their clients money. We, I, take advantage of this scare as an awesome day low entry point and bam. after the earnings is out, if positive, put ya a sell bid in for a min of 5$ over your buy price on this one.

 

These are forward looking statements and the way i play the game works for me and may not be safe for others, viewer descetion is advised.

Out of curiosity what are you looking as your buy target?

If you are trying to decide between MCP & KOG, I would go with KOG.  Molycorp won't be doing much for awhile unless some good news is announced.  I'm not sure why they decided to dilute shareholders two weeks ago.  KOG is a much safer play in my opinion.  DMND looks interesting as well but that is riskier.  I plan to look more into DMND soon.

Anything under $9 a good buy?
I was watching mcp also but I'm gonba wait to see if it drops much more. 

Kog wow I thought I missed the boat but I see it's back under $9

Below $8.50 is even better, the risk goes down the lower it goes.  I don't think I would buy KOG above $9.50 unless they report a huge earnings surprise.  The high $9's have been a selling opportunity.

Yea I was looking now at the chart, looks like support around 8.50. But the market may roll over at any minute. Hopefully some good opportunities coming up
Tim with mcp does the $32 shares purchased mean anything as far as the stick price finding support around that level? Or is it just at the mercy of the market ? 

Molycorp always sells off after a capital raise.  But this stock sale happened out of nowhere.  It will dilute earnings.  They didn't need to do this buy oh well.  If you see it start trading above $32 again, you know it is about ready to break out.

Thank you Tim. 

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