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Hot Stock of the Day - BRCD

May 08, 2009

BRCD is one of the stocks we recommended and bought on February 17, 2009. Our buy price is $2.78. The stock traded as low as $2.25 after our buy. We believe that this is an extremely undervalued stock and had huge up move potential. The company just bought FDRY, which is a very profitable and cash rich company. After the merger, the combined company has over $2.00/share cash with no long term debt. Even it already gained over 100% after our buy, we see more gains in coming days. See the Chart:

 

   
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