The Stock I Told You About Tuesday is Already up 96%
Posted by David Sterman, StreetAuthority Investor Update on January 24, 2011 10:09 am
Last week, I told you about one of the easiest ways I know of to make a fortune in stocks.
In short, the idea is to take a tiny chunk of your discretionary cash and “swing for the fences.” I’m talking about investing in a few small stocks with the potential to return many times your money.
Just one big winner — one home run — could more than make up for losses on your other bets.
Here’s what I mean…
In just four days, one of the stocks I featured in my article: “3 Small Stocks That Could Make Investors Rich” is down 3%.
Another is down 5%.
But the third, BioLase Technology (Nasdaq: BLTI), has already jumped 96%.

Let’s say you had put $1,000 into each of these stocks. With your $3,000 investment you’d be sitting on $3,880 today — an $880 profit in less than a week. And that came from getting only one out of three stock picks right. Not bad.
I don’t know of any other way to make this much money in this short of time in the stock market, or anywhere else for that matter.
Now… are you going to get results like this every time? Of course not. And if anyone tells you otherwise, they’re not being honest.
The truth is — like most investments out there — the more risk you’re willing to take on, the bigger your potential gains will be. But that also means the bigger your potential losses too.
Action to Take –> That’s why I urge you to ONLY put money you can afford to lose into these “home run” stocks. But most important, be careful where you’re getting your advice from. Stick with advisors with strong track records and that give you in-depth analysis on their recommendations and you’ll be fine.
–David Sterman
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Source: StreetAuthority
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