Zalicus Inc. (NASDAQ:ZLCS), Transatlantic Petroleum (AMEX:TAT) and USA Technologies (NASDAQ:USAT) all have the potential to produce a double from these levels. While I don’t pretend to think that’s possible in my normal swing trade time frame, they could be excellent account builders for those looking to trade them over a longer time frame. As always, tight stops losses should be applied if the trade goes in the other direction.
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Zalicus Inc. (NASDAQ:ZLCS) is a biopharmaceutical company, discovers and develops drug candidates focusing on the treatment of pain and inflammation. ZLCS has a market cap of $98 million which is right in my wheelhouse, Beta of $2.29, short interest of 5 days to cover and a 52 week range of $.82 to $2.90.
Transatlantic Petroleum (AMEX:TAT) is an international oil and natural gas company, engages in the acquisition, exploration, development, and production of oil and natural gas properties. TAT has a market cap of $352 million, Beta of 1.81, short interest of 7 days to cover and a 52 week range of $.57 to $2.28.
USA Technologies (NASDAQ:USAT) supplies cashless, remote management, reporting, and energy management solutions for the unattended point of sale market primarily in the United States. USAT has a market cap of $38 million, Beta of 2.97 suggesting volatility I like, short interest of 3 days to cover and a 52 week range of $.93 and $2.62.