[AlleyCatNews]

I currently own 3 stocks......

1. DFNS (Defense Industries) Which is the ONLY one I own for the StockDoubling.com project. (I also own some additional shares in my IRA of DFNS.) I picked the stock for the project when it was trading at .50. Currently it is .60 or up 20% in a little over 2 months. (Not too bad, some people would kill for 20% in a year!)
The stock has been slow bouncing between .55-.63 for a little while now. I don't see any movement coming until the company announces Q2 earnings on August 15th or announces some new orders. I would LOVE to see some new orders! If they announce some big new orders we could go to the .70's and with a good Q2 could approach $1. We will see.

2. CAGC (China Agritech) I own this stock in my IRA. Company is making money and should grow earnings and revenue a good deal. They project about .47 EPS for this year and at a 10x PE that is $4.70 stock. At 15x P/E that is a $7 stock. I can foresee some good growth in this company for a few years ahead. Not a lot of downside and Q2 is historically their biggest Q of the year. (Which will come out August 15th) Usually the only news you get from them is the Quarterly reports.

3. HIHO (Highway Holdings) I picked up some shares of this last week for my IRA. They will be coming out with their 10K report by the end of June. They could do .35-.40 for the year in EPS. They are expanding and I can see good growth from them of 30%+ for the next few years. They have a book value of about $3.50 so not a lot of downside. They also have a good amount of cash and pay a dividend. It will depend on how the 10K news is taken on whether the stock goes up or down after the release. If it goes down (but the report is decent) I think it would be a great time to buy as historically they have announced their dividend about a week after they release the June #'s. So it should pop up based on that news. So I am looking for a earnings release next week Tue-Thur and a dividend news release about a week after that. If the #'s are good I think it could run to $5+. Which would be about a 16% from where I bought it last week.


Check out more info on how I turned $500 into $4000 in 14 months at
http://www.StockDoubling.NET

take care

[awty]

By the way, thanks for the info, AlleyCatNews. I made a small profit on DFNS (I sold mine already, trying some other things). I DO appreciate all of your research!
Just my opinion,
Jeff

[AlleyCatNews]

You are welcome Jeff,
Watch HIHO if it falls after the 10k perfect time to buy as they will announce the dividend a week or so later.

DFNS and CAGC will have to wait a couple months probably before a month.