These are the Small Caps you are looking for

Submitted by Stockmaster2 on Wed, 12/12/2012 - 06:40

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These are the Stocks you are looking for

The Russel 2000 is set-up for a major move to the upside. Here are our 3 non-Sith picks.

The small-cap Russel 2000 index (IWM) has a very nice looking inverted head and shoulders pattern that just broke out of a tight base. If the trend continues, we like these 3 small caps: Nanosphere Inc (NSPH), Angie's List Inc (ANGI), and Thompson Creek Metals Company (TC).

Quick look at the IWM:

We profiled Nanosphere (NSPH) back in October as a stock with long term hold potential. Since then, the stock tanked about 20%. However, shares have found solid support at $2.60, and nothing has changed about the future potential of NSPH and its diagnostic capabilities. It's just a matter of time until shares are trading above $5.

Charts:

Over the past 12 months Nanosphere Inc (NSPH) shares have traded between $1.20 and its 52-week high of $3.89.

Angie's List Inc (ANGI) shares hit a double bottom near the end of October and haven't looked back since. On October 23rd, the company posted a quarter where it grew sales by 75% including a 68% rise in total paid memberships. With the housing market on the mend, and a lot of contract repair work about to be done thanks to Hurricane Sandy, ANGI should continue its growth.

Over the past 12 months Angie's List Inc (ANGI) shares have traded between $8.94 and its 52-week high of $19.82.

Thompson Creek Metals (TC) is all over the place. It regularly swings up or down 50% depending on the year. What's interesting about 2012 is that leadership has been backing up the truck with inside buying. TC looks like a great buy at this price.

Insider Trading	Relationship	Date	Transaction	Cost	#Shares	Value ($)	#Shares Total	SEC Form 4
Loughrey Kevin	Chief Executive Officer	Nov 29	Buy	2.86	20,000	57,200	179,111	Nov 30 08:46 AM
Wilson Mark Arthur	Executive VP and CCO	Nov 28	Buy	2.66	3,200	8,512	10,000	Nov 29 09:21 AM
Loughrey Kevin	CEO	May 23	Buy	3.61	25,000	90,250	159,111	May 23 04:50 PM
Cassity Wendy	VP, GC and Secretary	May 21	Buy	3.70	500	1,850	12,455	May 21 06:05 PM
Arsenault Denis C	Director	May 16	Buy	3.77	53,000	199,810	145,336	May 18 06:04 PM
Wilson Mark Arthur	Executive VP and CCO	May 14	Buy	4.05	1,000	4,050	7,000	May 15 04:16 PM
GEYER JAMES P	Director	Feb 29	Buy	7.23	2,000	14,460	33,430	Mar 01 04:19 PM
HADDON TIMOTHY J	Director	Feb 29	Buy	7.20	10,000	72,000	57,110	Mar 01 04:10 PM
O'Neil Thomas J	Director	Feb 29	Buy	7.28	2,000	14,560	28,703	Mar 01 04:01 PM
Wilson Mark Arthur	Executive VP and CCO	Feb 29	Buy	7.18	1,000	7,180	19,386	Mar 01 05:08 PM
SAXTON PAMELA L	Executive VP and CFO	Feb 29	Buy	7.27	2,000	14,540	16,423	Mar 01 05:40 PM
Loughrey Kevin	Chairman and CEO	Feb 29	Buy	7.28	15,000	109,200	134,111	Mar 01 05:30 PM