Live market update- RENN gives BFN 60%!!!!! 4 fallen stocks stocks to watch.
on Monday, April 16, 2012
We all watched RENN our #1 pick of the month soar over 60% in 2 weeks. It soared again today to 7.87, is the stock too high now? What’s BFN watching next? These four fallen stocks caught our eye. FFN at 1.12 has taken the crown, will this stock pull the next “Renn?”
#1! FFN (Friend Finder Networks) -1.12 a share current price, but with the Facebook IPO this social network stock should possibly see a rally in late April or May. It’s earning poor, and price depreciating, it needs a catalyst to ignite the flames.
P- 8.30 Pandora this media giant expects to make over 100m dollars in advertising dollars in fiscal 2012. Nearing an all time low, it looks like now is a good time to watch this bad boy. This thing could shoot up to 15.00 in a matter of days.
JKS-5.34, this beaten down solar company was once 28.99 a share, solar has tumbled and feel hard, but this stock has a viable business plan for 2013 and 2014 and should bounce back.
JVA-8.80 the coffee company reported very strong earnings and has taken a hit, this one is sure to bounce back in future months. Everybody drinks coffee.
Disclaimer: Past performance does not guarantee future results. Investors should always research companies and securities before making any investments. Nothing herein should be construed as an offer or solicitation to buy or sell any security.