Douglas Goldstein, CFP
www.IsraelNewsletter.com

“Event driven” analysts look for some extraordinary change in a market or a company and try to make a quick play. Some of the smaller Israeli stocks that we follow move on events, too; but what’s interesting is that given their small daily volume and almost micro-market cap, seemingly minor press releases can push a stock’s price tag. Just today, for example, when ClickSoftware (CKSW), a small-scale competitor of Oracle (ORCL), announced that their CFO would be presenting at the C.E. Unterberg Emerging Growth Opportunities Conference in New York next month, the stock jumped 3%.  A month ago, when they announced that one of Canada’s largest natural gas distributors had successfully gone live with their ClickLocate solution, their stock also popped. Subsequently, the stock settled back down.

For traders, keeping an eye on the small Israeli stocks for a quick move, either going long in anticipation of a news story that need not even be too dramatic, or going short just as the news comes out, there are opportunities for profit. Take a look at IsraelNewsletter’s list of Israeli stocks that trade in the U.S. to get some ideas.

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Disclosure: Author’s fund is does not own any of the companies mentioned herein as of 6/2807.

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Douglas Goldstein is the Managing Director of America Israel Investment Associates, LLC. For more information, go to www.israelnewsletter.com or call 1-888-327-6179, or email doug@profile-financial.com.

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