This has been an interesting week for the markets with the majority of stocks having a zero sum gain or loss. It has been stagnant. However, there are still two great money making opportunities this week.
For this up coming quarter I like E*Trade (ETFC). The past few months have been promising with new advertisements during the Super Bowl and an insider buyback of great proportion. While many see the buyback as a possible PR stunt, I think it shows great promise because the insider has no huge reason to buy into their company if there is no relative gain to be had. With a price floating around $5.11 all week there is a possibility for rally to be had this week. No matter what it is better than the $2 price E*Trade was flirting with a few weeks ago.
Additionally I think there is a great opportunity with ASEN. This company has a great business model with growth opportunities in the entertainment and retail business. There basic model is cigar coffee houses. They were trading at $0.12 earlier this week and they are moving up for sure, well not for sure, but it is promising!
Best of luck this week and remember stocks are something that you should plan on loosing money on; that way you are never disappointed when you have a bad day. Real diversification comes with ETFs and Mutual funds, not 4 stocks in four different fields. Best of luck as you sort through all of the financial bull crap out there this week!
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