Penny Stocks On The Rise
Anybody know of some stocks that are about to take off?? 
?
So I’m in an all or nothing situation, I need to come up with enough money to attend school in the fall and all I have is $1000 to invest. My best bet is penny stocks I suppose.. I know how risky it can be and how even more risky it can be asking for peoples advice on the internet. I just hope there are people out there that like to share their knowledge.
So my question is, anybody know of some stocks that are going to rise a ton so I can make some fast money… ha this sounds stupid. Thanks!
I’m glad you know how risky it can be, so I won’t give you a speech, just two suggestions.
1. Penny stocks are pure gambling unless you have insider information, and no one is going to share that with you. They are NOT your best bet unless you need a 10x return in the next three months. In that case, ignore my second recommendation, you have to gamble.
2. Here’s a solid stock that I think is on the way up. Could double in the next three months, might do even better. Or it might not, there’s no predicting the future:
A123 Systems (NASDAQ:AONE) makes lithium-ion batteries with superior performance and safety. They are rapidly growing, with huge revenue projections as the battery market takes off for vehicles.Their stock is depressed because they are investing heavily in production capacity and hiring, and are not yet profitable. They have plenty of cash, and are on the road to profitability, that first profitable quarter could result in a spike above $30.
A123 has a major auto maker contract in the wings (mentioned in the May 11 conference call). When that deal is announced, the stock will likely explode. Even if nothing spectacular happens, A123 is a well-run, stable company with excellent long-term investment potential.
Good luck.
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