I'm going to turn $10,000 into $1,000,000 this year.
Or at least that's my goal.
Here's how I'm starting:
Buying 2,000 shares of CMMI at $1 1/2. Total: $3,000 + $12 commission = $3012.
Buying 7,500 shares of CRNC at 29/32. Total: $6797 + $24 commission = $6821.
Remaining cash: $167.
Why CMMI? Because I believe it has been beaten down by shorters who will soon be forced to cover when their shares they have shorted (naked shorting) get cancelled, which I believe they will due to everyone sending in their info on CMMI holdings to I.R. to prove that naked shorting was occuring (MM's were selling more than was in the float). Hoping for at least a 4-bagger.
Why CRNC? Banking on next Tuesday's conference call. May be nothing, may be a big announcement. Company has stated in quarterly filings that they desire to acquire several related companies, so I'm hoping that's what the conference call is about. Hoping for a 10-bagger.
Other stocks that I am considering rolling into next:
EBLD, MOKA, RDIM, IGHS.
Here's a link to my portfolio for tracking. We'll see what happens.
techstocks.com
By the way, I am putting my money where my mouth is.
Should be fun!
Gator
Note: I have received 2,000 shares of free-trading stock of CMMI to help with the dissemination of information. |
