There is risk with this stock, but the potential upside is significant. A lot of good news events have happened in the past month. I would recommend buying no more than 200 shares. If it hits, it will hit big. If it doesn't, the investment loss (20%) will be minimal.
Stock for Consideration: ZAAP: OTC BB
Current Price: $1.02
Summary: ZAP is a brand and distribution portal of electric and other advanced technology vehicles. The Company operates through three segments: sales and marketing of electric consumer products, operation of a retail car outlet, sales of advanced technology vehicles for the Xebra electric vehicles and Smart Cars Americanized by ZAP. The Company markets many forms of advanced transportation vehicles, including electric automobiles, fuel-efficient vehicles, motorcycles, bicycles, scooters, neighborhood electric vehicles and all terrain vehicles.
Recent News:
October 2, 2007 - Former Lotus Engineering CEO Joins ZAP Board of Directors
October 8, 2007 - Electric Car Patent and Trademark Allowed for ZAP XEBRA®
October 16, 2007 - US-China Electric Car Joint Venture to Hold Meetings at ZAP in California
October 18, 2007 - ZAP Electric Car Arrives in San Antonio, Texas at Locally Owned Dealership
October 19, 2007 - ZAP Acquires Exclusive American Distribution From CCT Power for Portable Battery Technologies From Advanced Battery Technologies
October 23, 2007 - Coca-Cola Signs Agreement With ZAP
October 24, 2007 - New Electric Car Factory Rolls Out First ZAP Xebra®
You can read the full news articles and see other info about this stock
here.
S.