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Tuesday, September 1, 2009

Singapore Cheap Stocks List

Hi All,

Cheap stocks become hot everyday, they are "diamond in the rough", if you have bought a CORRECT cheap stock, it can give you 10% gain within a day or two easily, but not all cheap stocks can become a "diamond", most of them are "stone" forever. How to find these "diamond"? I spent almost a whole day to screen and create this cheap stock list for your reference, but I am sure not all potential "diamond" have been included into the list. I hope it can give you some clues... Anyway,I will probably update it from time to time, share with me if you found a good stock. Well, the "cheap" stocks in my list are typically:-

1. Price from 20cents to $2
2. Minimum Average vol is 500,000 over past 50 days
3. Average True Range(ATR) is at least 2 cents (i.e at least 10% move for a 20c stock)
4. Highly speculative
5. Good for short term momentum trading(2days to 2 weeks max)
6. Clean chart where T.A can be applied( This is critical)

ARA ASSET MANAGEMENT LIMITED
AscottREIT
AusGroup
BanyanTree
Biosensors
Broadway
C2O Hldg
CapitaRChina
CDL HTrust
CH Offshore
China XLX
ChinaAOil
ChinaMilk
CSE Global
Epure
EZION HOLDINGS LIMITED
Ezra
FIRST RESOURCES LIMITED
GENTING SINGAPORE PLC
Golden Agri
GuocoLeisure
Hiap Hoe
Hiap Seng
Hi-P
HongFok
IndoAgri
InnoTek
MERMAID MARITIME PUBLIC CO LTD
Noble Grp
Rotary
SINOTEL TECHNOLOGIES LTD.
Swiber
Swissco
TiongWoon
Yangzijiang

You may put it inside your watchlist and scan it everyday. Email me to request the file for your ChartNexus software and the idea to scan it. You may find my email contact from my profile, Click Here.

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