ACPW stock Under $10 Alert from Real Money...Sees Insider buying in ACPW
Stocks Under $10 Weekly Summary David Peltier 08/05/11 - 04:45 PM EDT For the second week in a row, stocks failed to receive many bids, and the broader market averages gave back all of the gains made previously in 2011. In fact, the Russell 2000, the benchmark for the model portfolio, fell more than 9%.
Energy, Materials and Consumer Discretionary stocks led the way lower this week, and stocks made several 1% directional moves in any given trading session. Through the volatility, we managed to deal with the tail end of earnings season and made several trades for the model portfolio.
We lowered our rating of Openwave Systems (OPWV:Nasdaq) to a Two this week and sold 1,200 shares after the company slashed its guidance. We also boosted our rating on Health Management Associates (HMA:NYSE) to a One and picked up 100 shares, as the stock fell 18% this week. In addition, we used the volatility this week to add to our stakes in Active Power (ACPW:Nasdaq), Ballantyne Strong (BTN:Nasdaq), ON Semiconductor (ONNN:Nasdaq), Sunopta (STKL:Nasdaq), TriQuint Semiconductor (TQNT:Nasdaq) and Vantage Drilling (VTG:Amex).
As a reminder: -- A Game Breaker is going to change the landscape of an industry, as Intel, Microsoft and Wal-Mart did in their sectors. Investors can make big money in these stocks by getting in before the crowd.
-- Inflection-Point stocks have a broken business model that's on the mend, but have yet to be recognized by the market. Investors who recognize a turnaround early can pocket strong returns.
-- Stealth Stocks are often names unknown to the general public, but can be hugely profitable investments, especially when they have catalysts to boost their share prices. Also, Ones are stocks that we would buy at their current quotes, Twos are stocks that we would buy on a pullback and Threes are names that we would sell into strength. Currently, there are no Three-rated stocks in the model portfolio.
Aceto (ACET:Nasdaq; $5.90; 1,100 shares; 5.07% of the model portfolio; Stealth Stock): The company produces industrial chemicals used in the generic pharmaceuticals and agricultural sectors. The stock held up relatively well this week, as the company said on Thursday that it is launching a new, generic, alcoholism pill. We maintain that Aceto is attractive for its core growth prospects, and the 3.4% dividend yield should help limit near-term downside potential.
Active Power (ACPW:Nasdaq; $1.43; 2,300 shares; 2.57%; Game Breaker): Active Power's flywheel energy technology keeps its customers' mission-critical processes up and running. Plus, its hardware uses half as much space, but generates twice as much power as existing technologies. We bought 300 shares on Wendesday, as the stock dropped 15% this week. We were impressed to see some insider buying of the company's shares this week and agree that Active Power has limited downside potential from current levels.
I don't see anything about flywheels. Protean Electric is a UK co. Protean Electric is a leading clean technology company that designs, develops and manufactures Protean Drive™, the most advanced in-wheel electric drive system for hybrid and battery electric vehicles.
Here is the link to their web site. I hope this helps :))
We are a privately held US-owned company with headquarters in the UK and offices in the USA (Detroit), UK and Germany. For details of potential investment opportunities and a copy of our investment prospectus please contact firstname.lastname@example.org Or call +44-1252-741800