I am looking at a couple of long term plays to buy into today. By long term, I mean 4-5 days…haha. I think that the market has presented some outstanding opportunities for some big money making. Over the past ten trading days, we have had only two up days. That has taken a lot of stocks down, down, down. Investing 101 is buy low and sell high. I have found two companies that have been dropping in value and are now extremely undervalued, but I think present the ability to see some significant movement upwards in the next week leading into their earnings reports.
Let’s get into both of these picks that you should pick up today…
Long Term Play #1: M/I Homes Inc. (MHO)
Analysis: IN PROGRESS
Entry: We want to enter in the 10.20 – 10.30 range at some point before closed.
Exit: We are looking to exit on Wednesday during the day after a Wednesday morning report unless 5-6% is reached before Wednesday morning. Otherwsie, we will hold and sell for gains on Wednesday.
Long Term Play #2: IN PROGRESS
Analysis: IN PROGRESS
Entry: IN PROGRESS
Exit: IN PROGRESS
