Today I have two smart plays for the short-term:
Firstly, is an alternative energies company.
Quantum Fuel Systems Technologies
(Public, NASDAQ:QTWW)
Today the market is flourishing, rising high and the prices seem way over inflated. However, amongst these green giants I see potential in QTWW which has fallen by over 10% today. Based on favourable charts, this is a good buy today for a nice 10 to 15% gain within the next few days.
About QTWW: Quantum Fuel Systems Technologies Worldwide, Inc. (Quantum) is a fully integrated alternative energy company, and a player in the development and production of propulsion systems, energy storage technologies, and alternative fuel vehicles. The Company’s portfolio of technologies include electronic controls, hybrid electric drive systems, hydrogen storage and metering systems, and alternative fuel technologies that enable fuel efficient, low emission hybrid, plug-in electric hybrid, fuel cell and alternative fuel vehicles.
News Releases:
Quantum Awarded Contract for Natural Gas Systems for Volvo-Eicher Commercial Vehicles in India [ link ]
Quantum’s CEO Alan Niedzwiecki Named Entrepreneur of the Year [ link ]
Quantum Fuel Systems Technologies Ships New Generation Hybrid Electric Vehicles to US Army [ link ]
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Secondly comes an Exchange Traded Fund (ETF), which is in great shape for a 20% rise at any given time by friday.
FAZ Direxion Daily Finan. Bear 3X Shs(ETF)
(Public, NYSE:FAZ)
I believe most of the banks that have been rallying for the past month are going to fall after the government releases the bank stress test results on Thursday.
This phony test will try and mislead investors into believing the banks are stronger than expected, but I believe most people know this and it is all factored into the price of these stocks already.
I like FAZ here at $6.41, which is an ETF that is triple short the bank stocks.
Check out the latest Stress Test Results which Won’t End Uncertainty Over Banks. [ link ]
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Michael,
Do you think QTWW is worth holding long or is this purely a short recommendation and to get out after 10-15%?
@Michael, for me it is just a short-term hold
Have you heard much aboyut NEXM (NASDAQ)? If you have, what are your thoughts on it?
Dang, took a bath on FAZ today…
@Michael, I don’t know about NEXM — I do some DD.
@Fred, yes indeed that was very unexpected. However, I still stand by my words and say this is a fake manipulated rally.