Friday, October 9, 2009

What to do after making 100% profit

My friend emailed me that he patiently waited and made 100% on his Hecla position and now asked me what to do after taking half off the table. He explicitly mentioned that he wants to put it into other cheapo companies.

Since he has a precious metal mining company we need to diversify into other cheap stocks in other sectors.

Here are some suggestions:

Battery: CBAK or XIDE
Teleco: VG
Defense: TATTF
Private equity: ACAS
Transport: YRCW
Medical: CRY or CXM
Energy: DEJ
Retail: MFGD