Catherine Davey in my opinion is one of the best stock market analysts i have read about. Her reports are well researched and she gets straight to the point. Over the next couple of weeks she is putting together a list of companies under 20c that have the potential to be the next Paladin (PDN). Today HCY made her exclusive list and this is what she said.
HCY has not broken any key levels yet, so if you are looking for a real bargain basement opportunity this is it. HCY is currently trading around 1.7c, which also means it has the biggest upside potential just because it is the cheapest on the list. A 10c stock going to $10 is one thing, but a 2c stock going to $10 is the difference between $1 million and $5 million for a $10,000 investment. That is assuming that HCY could get to that level or in fact any of the stocks on this list should make such momentous gains. But don't forget about the tech boom, there wasn't much left behind when it turned from boom to bubble and the tops were not mild by any stretch of the imagination. A close above 2.8c, which were the highs of 2006, would be a preliminary bullish sign. But the grand prize for holding this stock would be a close above the 2003 highs of 4.5c. That would confirm this stock's big mover status and hopefully kick start more sustainable and larger gains. With all time highs above $2, the future could be amazing for this stock.
HCY
halcyon group ltd
