5/13/10 - GoldCorp Holdings Co. (GHDC.OB) is Perfect

I don't usually do posts in the middle of the day, but this one's too obvious not to mention right now. GoldCorp Holdings Co. (GHDC.OB) is the next perfect stock. I'll be brief since I don't have much time:

- Technicals are at breakout levels
- Gold is on fire
- Company is tightly connected to SFMI which has had a stratospheric rise

Hopefully, I'll have more time later to do a more in depth post, but this one is easy money in my opinion.

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I just wanted to mention a few more points as to why I like GHDC.OB:

- Although GHDC.OB has 184 million shares, the float is less than 49 million shares

- SFMI leases property owned by GHDC. GHDC gets $1 million a year for the lease plus 15% of SFMI's revenue (not profit) from the property

- SFMI and GHDC have a similar share structure yet SFMI is at 40 cents and GHDC is at 7 cents

I look for a lot of people who have made a killing in SFMI to start taking profits and move some of that money into GHDC while it's still cheap.

88 comments:

  1. GHDC and CMSI are setting up for big finishes. We'll see how it plays out. I also like NTMG as a first day big volume play. There's definitely something up with that one.

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  2. Card, what's your target for GGDC and by when? You've had so many doublers or more so you think this is one?

    Thanks again!

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  3. Card, I didn't see this post till after close and I see GHDC is already up almost 60% and at .07 now and its 52 wk. high is .13.

    Is it still worth it to get in and how high do you think it could Friday and by Monday or Tuesday?

    Do you think we should wait for a pullback or you think we should get in even if there isn't much of a pullback?

    Please also answer my post above.

    Thank you my friend.

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  4. P, when I first started the post, GHDC was little over 5 cents. IMO the 52 week high will be tested no later than Monday particularly if gold continues to fly.

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  5. Card, so we can still benefit from the bulk of the run. Would you say Friday morning is a "must" to get on GHDC?

    Is there a price you suggest we should try to get in or just get in regardless?

    After all, it is a perfect stock.

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  6. P, gold has hit a new high this morning and is up pretty big. Also, the technicals in gold and most experts are pointing to $1300 before a pullback occurs. I think any stock with "gold" as part of its name will fly today. IMO, GHDC should hit at least 10 cents today. Anything bought near 7 cents should be a good entry.

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  7. I wonder if HAUP hits 10 today? The float is awful small.

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  8. Card, what's happening to GHDC? With gold soaring to near $1250/oz with all the ongoing worries about different economies even getting in close to .08 is ok and I also considered your target but now it's gone down close to .07 and in the .06s now!!

    I'm sure it'll come back right?

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  9. P, I think as long as gold stays strong and GHDC is priced below 10 cents, I can feel relatively comfortable hold the stock.

    I really like WMBI as a chart reversal play. I nibbled at 4 cents and am hoping for the best.

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  10. Card, there's about 2 hours left today and GHDC is sitting at .0725/.073.

    I'm just so used to your perfect stocks blasting off as soon as you pick them since they've done that so many times.

    I saw it heading up at open so I got in at about .08. Unfortunately GHDC didn't hit your .10 target today but how do you see it for Monday and Tuesday? It should get AT LEAST that high on Monday?

    Still like that 52 wk. high of .13 to be tested Monday?

    Many thanks and best of luck

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  11. Card, someone claims this is the difference between SFMI and GHDC.

    Even if what he says is true GHDC could still reach .10 to .12 and the points you've raised in your GHDC perfect stock post still apply.

    What do you think?

    http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50159982

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  12. P, GHDC is going through the "3PM dump" that sometimes happens. A few people are taking profits going into the weekend. It's not what I had expected, but it's not surprising. It looks like this one might have some consolidation before moving higher.

    I saw the post you mentioned, but I don't exactly agree with him. Because GHDC owns the property, its market value should be base on the revenue from royalties and the lease as well as the overall worth of the property. He seems to be placing no value on property ownership. All that stuff about how dividends "may" be issued in future and his opinion about when he thinks preferred shares will be converted has nothing to do with today's speculative value of the two entities. IMO, that is why SFMI and GHDC should be closer in value than they are currently.

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  13. Card, I had to get out of GHDC for a bad loss because I bought near the top today as it looked like it was heading up at open plus I'm used to your perfect stocks doubling in a day or something close as they've done before.

    I feel bad about CMSI yesterday as I wasn't online most of the day but that was about a doubler.

    Please let me know next week of a nice 50% plus pick that you're so good in finding so I can make up the loss I took today.

    Thanks buddy

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  14. has anyone checked out TSE:ANO (Anatolia Minerals Development Limited)

    another mining company, but looks promising.

    Can someone check out the charting for this company? Im not much of a chart guy...

    Thanks in Advance...

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  15. The chart of NTMG is looking really good. I am fully expecting a 20 to 40% trading day to occur in the next couple of sessions as the technical traders take notice. I'm anticipating 40 to 50 cents at some point before the week is out.

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  16. Ryanpass, I haven't looked at ANO specifically, but I don't see how miners won't do well in this environment. If gold and silver stay anywhere near these prices or move higher, undervalued mining stocks should be no brainers. Now they'll be volatile, but IMO the overall trend will be up.

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  17. Guys,

    if you have missed out on low-floaters like IFLG, check out RITT with a similar float (1 or 2 million). Their earnings are getting better and better and any piece of good news (contract, etc.) will sent them into orbit.

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  18. Thanks, bighoper.

    I'll take a look at RITT.

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  19. RIGH is looking really good on the chart reversal.

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  20. LSCG looks like a technical breakout.

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  21. CPBM is a potential low float doubler. 11 million shares outstanding with a float confirmed at only 1 million. BioMedical Reports is currently pumping it and the volume is up over 200,000 shares today. It could double to a buck with 1 or 2 more decent volume days.

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  22. Card, CPBM is pretty thin to a dollar as Level 2 shows only PERT,NITE,DOMS, and UBSS stand in the way to a $1.01. I suppose more MM could jump but it's still pretty thin so that's good.

    But the volume totally died on it as there were only 3 trades the entire afternoon.

    The BioMed Reports pump isn't working or stopped working or a delay of some sort? What do you think it would take to get CPBM noticed to get that volume to reach a dollar?

    TIA

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  23. It's hard to say P. It finished with just under 300,000 shares traded. That's a pretty good amount for such a low float stock. If it gets some more action tomorrow, you could see a quick pop. Sometimes it takes more than a day for the pump to spread.

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  24. I'm buying CVAT to end the day. Lot's of suspicious action into the close. Hopefully there is big news on the horizon.

    LSCG really blew up today!

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  25. GTLL may be a triple soon, if you buy at 0.015. On Friday, it touched 5 cents and more news is coming.

    Card, congrats on LSCG!

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  26. It's a horrible day in the market. I dare not buy a big board stock. I'm kicking myself on SWRS. It was an obvious short squeeze that I saw early today, but the price never dipped to my limit order and I didn't want to chase it.

    The only thing I own that's encouraging today is NTMG. It's a slow grinder, but I'm hoping it speeds up once it passes 30 cents.

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  27. Card,

    I'm feeling like a kid in a candy store. I just rebought PRWT for 0.63, the same stock I sold for 1.36 three weeks ago!

    Other interesting stocks: RODM is below 3, PMI showing great support around 4, RDN has been cut in half, etc.

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  28. BigHoper,

    The shelf was also cancelled with RODM.

    I still like what is going on with SSN and think anything below 63 is a steal.

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  29. VSTNQ may be a must own and should run for a least a couple of days on the buyout offer from Johnson Controls. Another give away is the Goldman Sachs filed that they own over 5 million shares in VSTNQ a couple of days ago. It should be easy money even holding over the weekend.

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  30. Stocks on watch the rest of today and next week:

    NTMG, WOLV, VSTNQ, and ASYI

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  31. EXPU also looking interesting.

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  32. Low floaters are simply amazing. For example today, DEAR and ENCO popped purely on technicals, but these pops were worth 30-40 percent.

    Low floaters are the place to be, IMO. And, of course, stocks like VSTNQ, CEMJQ or VRLMQ when they are selling for one or two cents.

    Good luck to all and keep them coming.

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  33. All my picks for today are looking pretty good except for WOLV (although I think even that one will shine at some point this week). I've been all over NTMG from the first day of volume. I think it might be good to 50 cents.

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  34. IMDC (the old TLLA) had it's biggest volume day ever today at 300K. I have no idea what it means, but the price is still creeping up little by little everyday. Only 2 or 3 red days in 6 months. Unbelievable!

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  35. GEVI looks like it could be the big mover for the day.

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  36. Card,

    it seems that Rodman may be a perfect stock again at $2.50. The shelf has been withdrawn, insiders are buying again and we now have fresh after-hours news about a stock buyback program.

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  37. Bighoper, I definitely think that should help stop the tailspin in RODM (along with a general market recovery). What has hurt the stock the most IMO is the relatively low book value, which is used more often for the valuation of investment banks as oppose to PE.

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  38. MINED has 19M shares traded already in the premarket. I've never seen that much premarket volume in a stock priced higher than 5 cents before.

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  39. Card, what's the best way to find the book value of a stock? TIA

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  40. P, look at the balance sheet. Shareholder equity divided by the number of shares outstanding gives you the book value.

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  41. Card and P,

    the low-float list provided by Time Jumper is fantastic. It helps identify low float stocks in every branch of economy and there are more than one thousand of them. For example, if the market is bullish on regional banks, you can jump into DEAR (float 6.5m) or CSNT (float 2.8m), or if crude is going up you should definitely buy MXC (float just 0.6m! - check the ultramonster June 2008 spike) or PDO (2.6m).

    I am only on the first page of the list and I am looking forward to reading more.

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  42. Yes, that is a good site that Time Jumper suggested.

    It took a couple of days, but WOLV has turned into the monster I thought it could be. I might even hold this one for awhile. NTMG's not looking too good though.

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  43. SERV - another low floater (just 1.8m) with fresh news out! The $3 mark may become a new support.

    Congrats on WOLV, nice call

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  44. bighoper, what do you make of the TDGI press release?

    http://investorshub.advfn.com/boards/read_msg.aspx?message_id=50630953

    I have to imagine that because the CEO and CFO own a large number of TDGI shares that this would be a positive development.

    They would be affected positive or negatively just like the rest of the shareholders.

    And why press release this if it is not a good thing?--it's not like they had to make this public.

    Also, wouldn't the typical transaction be the acquiring company paying TDGI shareholders a premium?

    Lastly, Card, I apologize for once again turning the discussion to TDGI. This has to be the most talked about stock on your fine website that you don't even own.

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  45. Tim,

    I only have a very small position in TDGI now, so I don't watch it very closely, but given the CEO's credibility and the size of his ownership interest, this can hardly be bad news.

    Good luck to you.

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  46. Thanks, bighoper.

    That is my thought as well.

    I'm racking my brain trying to think of a way the company could voluntarily kill the price of the common shares they themselves own a whole bunch of while also making out like bandits in the transaction.

    That's my only fear about this.

    I'm guessing some BB Company saw the potential of Hannover, wanted to take it over, and will have to pay existing shareholders a premium.

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  47. JSDA should be a monster today on the Walmart news.

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  48. Wow, RODM is perfectly perfect :)

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  49. Nice call on RODM Bighoper. Up around a buck in a little over a day.

    I'm looking for JSDA to maybe top out at $1.50 today if the volume picks up.

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  50. I thought JSDA was too high pre-market so I didn't buy. Good luck, if you are in.

    I am also planning to pick up some PDO. I missed the entry below 4 bucks, but if crude goes up, this stock will soar again.

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  51. P,

    check the chart of STHG, has it doubled or not from 0.006? :)

    http://ih.advfn.com/p.php?pid=webchart&btn=s_ok&ihsymbol=&ihpagelist=Quote&idtddm=&symbol=USOTC%3ASTHG&s_ok=Get+Chart&period=5&drawmode=0&size=19&volume=1

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  52. This comment has been removed by the author.

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  53. Card and bighoper, can you please let me know of any big board stock that would be good for at least a 10% gain by Monday AM? Obviously the greater % gain potential the better and I feel just HORRIBLE about missing out on RODM but I just freed up some funds and didn't have any then. Fantastic call bighoper. Getting 50% on a big board is AWESOME!!

    Bighoper, it's funny you ask me about STHG because I've been following it along with your other multi bagger picks like GTLL and MSOA. I was going to post on STHG but I just haven't been online as much lately.

    Just my bad luck that I got into GTLL instead of STHG but obviously STHG should've been the choice. Last month it just didn't look very good with such poor volume and movement yet I knew it could change in the coming days/weeks. GTLL already showed promise with a nice spike in April so I went with that.

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  54. Look at JTX! Huge shortsqueeze is probably going on after earnings surprise. 30 percent of the float is short!

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  55. ANX looking like a very interesting chart reversal play

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  56. Card, what do you like for a big board play that should be good for at least a 10% gain by Monday AM?

    Bighoper thanks for JTX and ANX. But by the time I got on JTX was just trading sideways.

    Sorry about that last post but I have tried to post from a smartphone before and it didn't work but this time it did.

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  57. Card, I take it you've taken Friday off after making a lot of money this week?

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  58. I just got back home P. I missed most of the market today. My wife took me to lunch and a movie matinee (Ironman 2) for my birthday.

    I haven't done that well this week, but WOLV has been my horse. Its chart is mirroring what happened in KATX so I won't sell it until the 20 cent range. That would be a 3 bagger for me. Hopefully, it'll happen.

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  59. Card,

    happy birthday to you!

    And let me thank you once again for setting up this blog. In particular, the Stock Market Trading Tips section is awesome.

    CRY may go up nicely today after fresh stock buyback news

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  60. MERC upgraded to strong buy

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  61. Card, HAPPY BELATED BIRTHDAY!! I wish you good health and happiness and please always keep this blog running!

    Please let me know of any NASDAQ, NYSE, or AMEX stock that are good for a 10%-50%+ by EOD or tomorrow AM.

    Bighoper thanks for MERC and CRY. Please post any other big boards you come across that are good for at least a 10% gain by tomorrow AM.

    Hope you all had a great holiday weekend!

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  62. P,

    some think JSDA and ABK (risky one) may go much higher in the near term.

    I am also looking at the low floater TACT - just announced a massive stock buyback effective immediately.

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  63. Thanks everyone for the birthday wishes!

    P, with the overall market being so crazy, I have been staying away from the big board stocks. To me, the best trades now are those based on technicals in the OTCBB and Pinksheets. That's what lead me to WOLV (along with it being a gold play) and now has me liking SECI.

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  64. Bighoper, what's your target for JSDA and ABK THIS week?

    JSDA to at least $1.50 and ABK to $1.70 to $1.80? Or more like around 2 bucks for each?

    Thanks buddy

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  65. BigHoper- Can you shed a bit of light on what has been going on with MSOA recently. I am still waiting patiently for news and since I got in so cheap I am feeling alright, but it has been a bit of a roller coaster the past few weeks.

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  66. P,

    I don't follow them fundamentally, so it would be pure guessing, but the volume behind JSDA after the Walmart deal is huge so it may reach at least $1.40 - 1.50 this week.

    By the way, I am actually liking GTLL. There is no dilution so far and no fluff, just well-written PR's telling us they will acquire wind turbines worth 9 million by June 15. I have averaged down to below 3 cents and I am planning to sell during the pop after the acquisition news. I think we'll get at least 5 cents again.

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  67. Bighoper, great call on JSDA. A 20% swing today so far and will likely go higher today and tomorrow. I barely missed my limit order at $1.16 since it dippped to $1.17! AAAAAAAGH!!

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  68. Killer call of JSDA Bighoper!

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  69. Bighoper and Card, how do you set your limit orders when you try to get in on a dip?

    I noticed this morning the range on JSDA today was between $1.10 and the mid $1.20s with an open of $1.20 so it seemed to make sense to set my limit order at $1.16 since there's almost always a pullback and I ended up missing out on getting filled by a PENNY since it dipped to $1.17!!

    How do you guys handle that?

    I missed out on a 50% gain for the day because I didn't gauge the pullback properly!! *#@&$(%(%&*&$@*&!!!

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  70. Card,

    Hope you jumped in, I am on the sidelines today, but I love when people are making money :)

    Anyways, your Thursday's $1.50 prediction came true today

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  71. JSDA appears to have lots of buyers in the 1.50-1.60 range. This may touch 2 bucks this week - it used to trade over 10 or even 20 dollars with the same share structure!

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  72. P, intraday pullbacks are extremely difficult to gauge unless there is a distinguishable intraday gap up. Some Level 2 gurus can sometimes figure it out without a gap, but I think it's mostly luck.

    One trick that I like to use in buying a stock is setting a limit order to a cent or so above the previous trading day's high. Often times, that is the pivot point. For example, if I had wanted to buy JSDA prior to today's open, I would have set my limit order around $1.10 because that was its trading high on Friday. The fact that today's low happened to be $1.10 is no coincidence despite opening at $1.20. This frequently works because MMs hate gaps in stocks and try to make sure they are filled before moving it higher. However, all bets are off in applying this technique if there is significant news released that day.

    Bighoper, I missed JSDA today as well. I bought it on Thursday for 97 cents at the open when the Walmart news was initially released and sold the same day for just a small profit. I would have had more than doubled my money had I held my shares :(

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  73. Good analysis Card. I didn't get online until after it hit that $1.10 low but I KNEW there would be another pullback and there was but I set my limit just ONE penny too low, $1.16 instead of $1.17!! That can cause you TO BANG YOUR HEAD ON THE WALL!!!!

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  74. GTLL acquisition complete, may go up today

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  75. RPC could be in play today with a volume surge.

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  76. PRWT looks like a very good buy now. Just like a week ago, it bounced off the 0.60 support. Unlike other regional banks, they are well capitalized and may double again before or after next earnings like in April. It may also bring a quick 10-20 percent with a low downside risk, if you buy at 0.61.

    CRY may be taking off after the buyback news.

    JSDA may be taking off again!

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  77. Keep an eye on NLIA the next couple of days. Its chart indicates that it could pop any day now with news or volume. If it breaks 5 cents, it will probably double quickly despite the high share count.

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  78. Keep an eye on INBG. Yesterday there was a news about a reverse merger. It should gradually trade up. Co has 2.5 bn o/s.

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  79. I started to buy SREH at .004, but somehow I talked myself out of it. Now it's at 3 cents. Life isn't fair :(

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  80. Card, how did you find SREH?

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  81. It was a bounce play yesterday. It dropped from .02 to .002 during the first 2 hours of trading Wednesday. When I do my daily checks of otcmarkets.com (it use to be Pinksheets.com), I look at the biggest decliners and gainers.

    SREH went all the way to 4.5 cents. I missed over a 10 bagger in 2 days. That hurts!

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  82. Card,

    that was one hell of a find, a 10bagger in 2 days, wow. Next time, you'll be in, I'm sure! I wish I was in too. By the way, the party may not be over yet.

    I am having similar hopes about MSOA, once news is released.

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  83. Bighoper, I'm beginning to believe that there could be a run on bouncers. The stock market is full of copy cats. Similar drops have just occurred in TITL and IKTO. I nibbled TITL today and am seriously thinking about doing the same with IKTO in the morning. It might be worth the gamble.

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  84. Thanks for the tip, Card, I'll check them both!

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  85. SSN guys.

    New horizontal well to be completed in a few weeks. Well is in an area of the Bakken where all other companies have had 100% success.

    Joint venture news widely anticipated soon.

    Easy double soon. Very easily could be $2 this summer.

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  86. On watch today are IKTO, TITL, and ESPH.

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  87. Low floater IFLG may be taking off again!

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  88. MOPN is going to be ridiculous on Monday. Finally, a pinkie got a purchase order from BP. The only problem will be if it opens too high. If the company doesn't dump into the buying, it could possibly run to 50 cents next week.

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