4 stocks, little in common other than they are trading around $2 a share (and I am looking at them or own them).
Who gets to $3 first? Who gets there last?
I did not have ARIA in my watch list... will add it.
Owned BEE last year, at one point it was my largest holding. Made a ton of money with it. In one trade alone over 100% profit.
BEE will require patience but if they can get their top line to grow 10% to 15% they will probably double their ebitda and pull out of this level once and for all. I would say that an investor willing to stay with the stock for a two or three years will probably see $10.
NCS is also very dependent on economic growth but should react ahead of BEE just because of its depressed valuation.
Good luck. ARIA looks good, I am going to study it further.
SNV and NCS
This is NCS board, so most people here have some knowledge on NCS. I am going to talk about SNV here.
SNV is a bank, today MTG, RDN , MBI, PMI are up huge. Finally sector rotation comes to regional banks/insurance companies. SNV is poised to go up. If you watch the volume in past few days, it is up on big volume, down on small volume. That's technical side.
Fundamental side, SNV has load of cash, not common for regional banks. It is balance sheet is much better than MTG, RDN, PMI, MBI. Management said more than once SNV has more than enough cash to weather out the storm. Insiders are buying very heavy on SNV. Just couple of days ago, Yancey James bought another 300K shares.
Of course, NCS is a veyr good buy here as well. Both will go to 3 in a month, and may push to $6-8 in 2010.