One low-priced stock I recommend right now in Emerging Growth is Simulations Plus (SLP). This is a very small outfit based in Lancaster, CA that makes computer programs that simulate absorption and pharmacokinetics for orally dosed drugs. Their programs are godsends for many medical professionals.
Yesterday, shares of SLP closed at just $4.62. Don�t let this low price fool you. The stock is up 60% for the year. Best of all, the company is practically ignored by the major Wall Street brokerages. Some people think that�s a bad thing. Not me�I love finding great stocks before the crowd. For the most recent fiscal year, revenues at SLP jumped 50% and the company is financially sound. There�s zero debt and over $4 million cash. I rate Simulations Plus a strong buy up to $8 a share. But I should caution you that I also rate it as an aggressive stock which means that it�s highly volatile. If you can stand the daily zigs and zags, then SLP is a great stock to own.
I know "NAVELLIER & ASSOCIATES, INC." hold some % of SLP stock. SO i thought when you are saying "NAVELLIER" it about this institute is adding more % of SLP.
This got me into confusion. I am sorry.
>> I rate Simulations Plus a strong buy up to $8 a share. But I should caution you that I also rate it as an aggressive stock which means that it�s highly volatile. <<
I think that he forgot about the recent 2:1 split.
Only if he has a large call option position, then yes, he seems to have done this with garmin a while back, He issued a sell on garmin right in its sweet spot, it shot from 80's to 120 right afterwards, then he made it a buy again. I sent him a letter asking what his reasons for selling GRMN at that particular time after noticing the large option play by his fund. I never did receive an explanation. That tells me a lot. I have seriously considerd dropping his service after this episode, if there is another one then I definately will, I subscribe to Blue chip growth (where the grmn fiasco took place), Emerging Growth and the trading letter Quantum Growth. I think if enough subscribers realize he is making cash off their backs then he will have a mass exodus.
Totally. I'd believe him a lot more if he didn't own any at all. That's really the only way to tell. When people reccomend stock highly, and they don't bother to buy any, that's always a good sign.