Hot Stock Alerts

Potential Breakout Stocks of the Day:
Top Stocks 2021 - TSLA BYND GBTC
Top Penny Stocks 2021 - GBTC

Stock Market Closing Report - 12/8/20 December 8, 2020

Friday, January 20, 2012

Buy or Sell ENER Stock - Energy Conversion Devices (ENER)

By Tim - http://stockstobuy.org

Energy Conversion Devices (ENER) stock has been one of the top stocks in 2012. However, does the recent pullback cause me to buy or sell the stock going forward? For a full list of stock gainers in 2012, go to the following websites.
http://blackberrystocks.com/stockgainers2012.html


Energy Conversion Devices (ENER) - Buy or Sell in 2012?

Energy Conversion Devices (ENER) has been on a tear so far in 2012. I feel the company has avoided bankruptcy in the short term so Wall St. is repricing the stock. ENER stock popped from $0.20 all the way up to $1.72 but recently dropped. I have been watch the trading action closely and I know Energy Conversion Devices (ENER) bounced off $0.88 several times which produced a rally. I think it is Ok to buy ENER here keeping a stop loss order at $0.87. With the stock currently trading at $1.00, I would sell it above $1.50 on another rally.

We don't know if Energy Conversion Devices (ENER) will go bankrupt or be delisted later on in 2012. If $0.88 fails, I would look to buy at $0.60.

Looking for free stock alerts by email? I send out free stock alerts and give a list of the top stocks to watch everyday at http://stockstobuy.org. Just sign up to receive these alerts.




Copyright © 2008-2020 - daytradingstockblog.blogspot.com

Stocks to Buy 2020 - Click Here