Stocks poised for breakouts on good news

Listen to some research about what might be right around the corner for General Growth and American Capital.

By Wall Street Media on MSN Money Jan 8, 2010 4:26PM
Written by Douglas Estadt

My video guest Todd Sullivan from http://valueplays.net has become the acknowledged expert on the outlook for General Growth Properties (GGWPQ)


Todd has made a lot of people a lot of money since he began both buying with his own hard-earned money and telling everyone who would listen to buy General Growth's stock when it fell to 49 cents last Spring. (Click 'Read More' below to see the video).

 

Todd says he thinks we might hear good news on GGP's bankruptcy hearing as soon as next Monday or Tuesday. He has updated people constantly throughout this story, and those who have been smart enough to listen and learn from him have done extremely well, as it is trading at $12.41 as I write this article.

 

Today, Todd tells us he thinks that there may also be good news for shareholders of American Capital Ltd (ACAS) very soon, and that the one remaining holdout in their case could possibly agree to terms soon. 


This could be another big winner with huge profits for those who take the risk stock now. ACAS trades as I write this at around $3 per share and could rise quickly towards a more traditional trading range near its NAV of $7 a share -- if it in fact gets good news. Keep in mind that is an IF, not a WHEN.  

 

Now, as always, you need to do your own research and judge the risk/reward potential for yourself and not trade these or anything else ever just on blind faith. There is nothing more risky than trading a stock in bankruptcy so keep that in mind before you think about putting the widows and orphans into a stock like these.

 

Todd is the best original researcher I have ever seen and he is transparent with what he does with his own money. I love someone who believes enough in their own research to put their money into it rather than those people who take a paycheck for telling you to do what they don't themselves. That is how I made 469% verified returns last year and I hope you learn to do the same with your hard-earned money.


You can see what I do with my own money and even have my model autotraded for you on Covestor Investment Management: http://cv.im/models/profile/douglas-estadt



Visit us also at Wall Street Media. We feature exclusive insights from leading investors I know and trust.

Recent posts:

How to make large profits on large caps

Another cheap and tasty China stock

0Comments

DATA PROVIDERS

Copyright © 2014 Microsoft. All rights reserved.

Fundamental company data and historical chart data provided by Morningstar Inc. Real-time index quotes and delayed quotes supplied by Morningstar Inc. Quotes delayed by up to 15 minutes, except where indicated otherwise. Fund summary, fund performance and dividend data provided by Morningstar Inc. Analyst recommendations provided by Zacks Investment Research. StockScouter data provided by Verus Analytics. IPO data provided by Hoover's Inc. Index membership data provided by Morningstar Inc.

STOCK SCOUTER

StockScouter rates stocks from 1 to 10, with 10 being the best, using a system of advanced mathematics to determine a stock's expected risk and return. Ratings are displayed on a bell curve, meaning there will be fewer ratings of 1 and 10 and far more of 4 through 7.

126
126 rated 1
286
286 rated 2
474
474 rated 3
680
680 rated 4
626
626 rated 5
609
609 rated 6
620
620 rated 7
462
462 rated 8
304
304 rated 9
132
132 rated 10
12345678910

Top Picks

SYMBOLNAMERATING
AAPLAPPLE Inc10
BIDUBAIDU Inc10
BXTHE BLACKSTONE GROUP L.P10
CELGCELGENE CORP10
FOXATWENTY-FIRST CENTURY FOX Inc CLASS A10
More

VIDEO ON MSN MONEY

ABOUT

Top Stocks provides analysis about the most noteworthy stocks in the market each day, combining some of the best content from around the MSN Money site and the rest of the Web.

Contributors include professional investors and journalists affiliated with MSN Money.

Follow us on Twitter @topstocksmsn.