Two Black Friday Bargain Stocks (UPIP, MBLX)

If you'd rather spend your hard-earned dollars on some bargain-priced stocks rather than face the Black Friday mania at the malls (wise choice, by the way), then you've come to the right place. And, you may want to start you bargain hunt with Metabolix, Inc. (NASDAQ:MBLX) and Unwired Planet Inc. (NASDAQ:UPIP). Both names have been unduly beaten up in recent weeks, and better still, it looks like UPIP and MBLX, are ready to recover... in spades. That's an important detail, as a bargain is only a bargain if it's something actually worth owning. Take a look.

By the time you're reading this, Unwired Planet shares could be up 20% for the day, if the pre-market action holds up. Normally that would be a tough act to follow. But, considering UPIP shares are still down 10% since early October, there's plenty of room to keep rallying. And, odds are the stock will do exactly that. Aside from the upward momentum itself, there's growing bullish volume, and there's a fantastic base at $1.34 from which this stock is pushing itself higher. All those little things help.

For those not familiar, UPIP is primarily an IP and licensing companies. You may know Unwired Planet by its former name, Openwave Systems. As is the case with most intellectual property and patent-litigation companies, the bulk of the stock's movement is based on assumption and potential rather than actual results - Unwired Planet Inc. doesn't actually drive any revenue yet. But, the fact that it's little more than an instrument of trading psychology in some ways makes it even more predictable than a traditional product-making or service-providing stock.

As for Metabolix, like UPIP shares, this stock looks like it's not only at the end of a sizeable pullback, but also at the beginning of a high-potential rebound. The only differences with MBLX are that this reversal seems a bit more capitulatory in nature, and that there's probably a little more upside potential with Metabolix shares. The stock got cut in half between July and last week, and though it was up firmly on Friday, shares could basically double in value before bumping into the key 200-day moving average line again.

Also like Unwired Planet Inc., we've seen a couple of key high-volume bullish days for MBLX as the low was approached, telling us the bulls are very interested. The trick is finding the spot where there are more bulls than bears at that particular price. It looks like last week's low of $0.73 was it. That's where a three-day reversal process was logged, with little to no fanfare. The fourth day (Friday's high volume surge from Metabolix) sealed the deal on the bounce.

There you go - two Black Friday bargains for you investors. And you didn't even need a coupon.

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