See see the charts for MMOG, REVO, and MONT respectively below:
I'm not going to go into any detail regarding the company make up of these three tickers symbols since this post is all about the charts. However, I will say that of the three, MONT is the most appealing to me. It's moving as a "incher" (meaning consistent 1-3% daily gains) and doing so on steadily increasing volume. That's a very bullish trading pattern. Often times the daily moves "speed up" and get progressively larger. Stocks like these in many instances double or triple from the price at the start of the move. Because MONT first started to move at around $0.85/share, it still potentially has a lot more upside.
MMOG, REVO, and particularly MONT are worth following, further investigating, and maybe even buying. No one knows what the future holds and there are no guarantees, but there's no doubt that right now those three stocks have perfect charts.
Nice post Card..
ReplyDeleteWhat do you think of VCSY? They have some interest brewing around the mobile market regarding their patents..
Thanks for the new picks.
ReplyDeleteWhat do you think of the GM IPO tomorrow? are you planning to buy at the open?
Phase, I'm considering buying into F today or GM tomorrow. Ford has traditionally gotten a higher PE multiple than GM and should ride GM's coattails if the IPO is really hot. It also doesn't hurt that F just got a $38 price target from a UBS analyst. It's not penny stock 100% quick gains, but I'm not sure if there a better place to get 10-20% gains if you want to gamble with a larger chunk of your money.
ReplyDeleteI didn't mention it in the post, but a lot of these "inchers" like MONT happen around the time of a private placement. To no surprise MONT appears to be in the process of having one as well. I have found that the pricing of the placement is really irrelevant. The most recent example of an incher that exploded higher around a private placement is TOVC. Look back its news at what it did from Mid-Oct to Nov. I see a lot of similarities between MONT and TOVC. Even their share structures are similar. If things go according to form, it won't be time to sell it until it's had that 40-50% day pop.
ReplyDeleteMONT is still grinding away. I could have added HHWW to my perfect chart list too. I've been riding that one since the beginning of the week as well. I wish they would hurry up and spike them though. I don't like holding these for such a long time.
ReplyDeleteMONT has certainly been a monster!
ReplyDeleteCard, what do you think of mwwc.. I got in at .07
That wasn't a criticism, I was just wondering if you cut bait and moved on. I have not and will wait for some little pop so my loss isn't that bad.
ReplyDeleteI saw their numbers that were released a few days back and I wasn't impressed to say the least. I sold my pos
ReplyDeleteTSBTI, I don't know which chart is better MONT, HHWW, or INBH. I guess that's why I own all three. The 3 month chart on INBH is absolutely sick! It moves, consolidates, moves, consolidates, and now it's moving again. I probably should have revised my post to include it as well.
ReplyDeleteI don't know when CHINA DANGDANG (DADA) will actually IPO since they just filed, but it might be one of those stocks that you buy and forget about for 10-15 years. It's being dubbed the Chinese Amazon. You know it will carry at massive multiple.
ReplyDeleteHope you guys are getting in on the UpChing for NEGS. Big PR just came out.
ReplyDeleteTake a look at HHWW, similar to the chart plays you have posted... thing keeps going up and up.
ReplyDeleteLooks like AUMN has got its groove back.
ReplyDeleteHey Card, I got in EXBX yesterday after I identified with my stock late-day algo. Sold at .01. I'm gonna roll-out my site soon to identify trends -- would love for you and your subscribers to test it out in beta.
ReplyDeleteNice, that one seems to have started at 3:40.. How did you identify this one?
ReplyDeleteFrank, I got back into AUMN last week. It's currently making a 52 week high. I'm surprised it hasn't moved even quicker with Silver and Gold still rocking. The past few weeks, these spikes have been shorted. We'll see if the move up holds this time.
ReplyDeleteHi, Card. Welcome back into AUMN man. I'm still in too. I sure wouldn't have the guts to short spikes on it!
ReplyDeleteI hope we go well into the 30s in the next couple of weeks.
I've been kicking myself for not having patience with SAEI. Could of had at least a five bagger :(
ReplyDeleteAfter consolidating for about a month, MMOG seems to have it's mojo back. Chart's still perfect.
ReplyDeleteI can't trade because I'm switching brokers. Merrill Lynch was just too inflexible. Unfortunately, it takes forever for funds to get transferred over. Did anybody get GBOED yesterday on the big drop and is still holding it? That's something like a 25 bagger right now.
ReplyDeleteCard, where are you moving to? I use Schwab and am real happy with their products and customer service. Their Street Smart Pro platform is pretty good for penny stocks.
ReplyDeleteTim and P, I'm switching to Zecco for now, but I want to spread my money over 2 or 3 different brokers. I wasn't really looking for anybody with a lot of bells and whistles because I do so much charting and things of that nature on my own from other sources. I pretty much just wanted someone who charged a low commission per trade and didn't put any restrictions on penny stocks. Just2trade is even cheaper, but I didn't want the inflexibility of a java base trading platform. If I have issues, I figured I can always switch to someone else.
ReplyDeleteP, I use stockcharts.com and bigcharts.com a lot.
ReplyDeleteCard, what do you think of NSCT? I think it could re-test its high of .07 and look for it to break .10or maybe even .15 in the next week or so.
ReplyDeleteWhat do you think?
I made huge on NSCT the other day.. btw, look at IGSM.. It made a late-day climb.. I got in at .0016.
ReplyDeleteP, generally the bulk of penny shorters don't cover until the 2nd or 3rd down day after a major run. I think a solid strategy would be to buy NSCT into strength or low volume weakness tomorrow or Wednesday.
ReplyDeleteHHWW had a big day today. I'm looking for WLOC to soon follow suit (another one of those perfect charts).
ReplyDeleteNice pick up Rishi.
ReplyDeleteIs anybody going to dabble in the DANG IPO? Originally the ticker was DADA, but they changed it to DANG. It's hyped as the China version of Amazon. If it is pumped by the proper channels, it could be a monster since this kind of stock get's a really high multiple.
Heck of a move by FCPG (another perfect chart that I failed to mention).
ReplyDeleteCard, they are talking about anywhere from a dollar to NINE dollars for SAEI after they acquired acquires advanced staged Balka Skyrokaya Gold Property and provided an update on NI 43-101 Technical Report.
ReplyDeleteI mean those price targets SHORT term as in by next week or maybe even huge gains this week. How do you see SAEI?
P, a dollar seems possible, but anything much more than that seems pie in the sky without a big money, coordinated, marketing campaign like HHWW had to walk the share price up in IMO.
ReplyDeleteEvery time I look at GBOED, I feel sick!
ReplyDeleteGBOED is crazy.. Card, what do you think of VSUL?
ReplyDeleteRishi, VSUL's got quite a nice walk up going. I'm interested to see what it does in the 50-60 cent range though. Lots of technical resistance there. It's definitely worth following although I still can't trade yet.
ReplyDeleteCard, what do you also think of FLXT. Nasty trend.
ReplyDeleteRishi, FLXT is a clear cut chart breakout. The majority of the time, moves like this double or better from the breakout point. It will probably hit at least $1 either today or Friday. It's a fairly low risk, high reward (at least 25% gain) trade in my eyes at this point.
ReplyDeleteDANG and YOKU are up big again in the premarket. I'd be a seller into strength today if I had money in them though. The great thing about getting into IPOs that do really well on the first day is that they aren't available for shorting yet. That generally means the rally lasts for at least 2 days. The combination of profit taking and the ability to short should take them down probably below the IPO price as months progress. They would both be great long term buys for the kids in the $10-$15 range.
ReplyDeleteHHWW is simply insane. I wouldn't be surprised if it made a run to $4 before the big money players totally cash out.
One word for TTDZD: WOW! Is anybody still riding this train from the open?
ReplyDeleteHey Card, I got it this morning at .003... still riding the monster wave.
ReplyDeleteCard, the one day I don't come on till noon just happens to be the day with a MEGA bagger like TTDZD!
ReplyDeleteIt's finally pulling back now. Great job Rishi.
Card, thoughts on the news and chart for ZVTK.. looks promising.
ReplyDeleteRishi, ZVTK looks pretty good. I think it might be worth the gamble of holding over the weekend.
ReplyDeleteIDEH is in play today. It's being pumped by hands down the best penny stock promoter in the business "Pennypic" as well as a few others. Sure, IDEH is probably diluting, but it won't matter with all the volume that will come in. IMO, buy it early today and sell into strength tomorrow.
ReplyDeleteAUMN added to TSX index. More funds can buy now I presume. 20th is the official date.
ReplyDeleteHey Frank,
ReplyDeleteHave you been watching SSN? Still holding still the spring?
Overall, today's been a pretty slow day. I like SPAG the best for tomorrow though particularly if it dips a little before the close.
ReplyDeleteCard, I got into OTGI via the late-day Upching. Let's see what tomorrow holds.
ReplyDeleteElias,
ReplyDeleteYes, I still hold TONS of SSN. Still my best stock for my goal. 2011 is going to be great with SSN. The current downward drift is no surprise with the delays in fraccing the wells to complete them. Many people, especially those who must sell this year for any reason, are frustrated. Not me. I look at this stagnant time as putting-in-my-time towards holding my shares at least one year to pay fewer taxes when I sell. May is the one-year mark for me, but I may hold much longer. I'm about to open up a separate trading account to buy 20,000 more shares at these ridiculously low $1.13 prices! I don't see how you can go wrong with SSN at this level. An Aussie firm has given SSN a target price of near $3 in 6 months.
JBII looks pretty good for a possible power hour run and tomorrow morning pop.
ReplyDeleteI got a little VYEY at $.038 on the $17M award PR.
ReplyDeleteCard, I was just looking at JBII. it was on the "Late-Day." Also found BRZG on the same.. might get into this one..
ReplyDeleteCard, APXR looks like a monster for the open tomorrow as well..
ReplyDeleteLikewise Card, good call on JBII.. APXR was found via the upching algorithm.
ReplyDeleteRishi, what is the Upching algorithm?
ReplyDeleteCard, do you still like TTDZD and you think it can still come back and have another good run? They're supposed to lose the D very soon and a possible short squeeze as well.
P, UpChing is site that my friends and I are working on at the moment. It provides momentum intelligence for OTC stocks throughout the day.
ReplyDeleteLet me know your e-mail address if you'd like a beta invite.
Card, check out VYGO.. got in at .0026
ReplyDeleteADHC running
ReplyDeleteRishi, nice buy on VYGO. It move up too fast for me to get a good entry.
ReplyDeleteTNGS has a ridiculous chart. Up 11 straight days.
Not many winners out there today. RNRG looks to be the only thing out there with any momentum so I jumped in at .035. Here's to hoping people like the chart reversal action.
ReplyDeleteRishi, I never got the e-mail beta invite to your site. I saw that you did take note of my e-mail.
ReplyDeleteSwampDonkey, I personally am not that big of a fan small banks right now. Most of them have diluted quite a bit as a means of raising capital. IMO, small banks were only good plays when they had the combination of a low share count and a low share price. The reverse splits and dilution destroyed that combination.
ReplyDeleteI'm searching for long term account purchases myself. The only things I really like are the two new Chinese IPO's DANG and YOKU once the IPO hype dies and they dip to the low teens. I believe that tech based commerce outside of the US could do well next year.
P, I sent you an invite.. you may want to check your spam folder. If for some reason you still didn't get it, send me an e-mail at admin@upching.com.
ReplyDeleteRishi, I didn't notice KDKN until it was much too late. It's already doubled from the start of its move. That would have been a nice one to get into early.
ReplyDeleteCard, what caused a 400%+ run on TMSH?? NO news! I hate it when that happens and you miss out!
ReplyDeleteCard, Rishi, and the rest check out TRDY and FRMC. I think they'll both run. TRDY should run pretty soon while FRMC's run might be spread out between now and the first week of the new year.
What do you think?
What do yall think of FLTT as a chart reversal? 2 black days followed by today's high volume move upwards.
ReplyDeleteTim, nice find. Where did you find FLTT?
ReplyDeleteP, TMSH moved on a filing reinstatement with the Secretary of State (implying that a merger or some other big news is in the works). I saw it yesterday, but I thought I was too late at 2 cents. The next "10 bags" later proved I certainly was wrong.
ReplyDeleteI also tried to get FRMC at two cents, but couldn't get filled. It does have some potential.
Tim, I lost confidence in FLTT because every time it would pop, a series of tanking days would follow. That's been the trend the last 2 months. I do suppose that the trend could get bucked at any time, but for me the risk is higher than the reward.
I know NEOM has already run a lot, but it might be "perfect". That 8-K released this morning regarding the deal with Ebay seems huge and they haven't PR'd it yet. The trading is very similar to what happened with LQMT and the Apple deal except NEOM has a much smaller share structure.
ReplyDeleteCard, awesome find..
ReplyDeletePYMX just got a $3 price target from R&R..
I'm finally back from my holiday travels. Looks like I missed some nice plays while I was gone. STVI was unreal. I'm liking WEBM this morning. With the right momo, 3 bucks is possible. TIV is on watch too.
ReplyDeleteI hate that I missed EGOH. Sub-penny to 20 cents in the blink of an eye. Ridiculous move!
ReplyDeleteCard, EGOH was around a penny all morning but then about 1 PM eastern time it exploded! What caused that??
ReplyDeleteThey announced a new field partner at 6 AM today so you would think it would've exploded upon open.
Card, I bought a c-note worth of shares for ECTA on Dec. 28th.. it's been rising ever since.. It almost seems like a penny newsletter is pumping it before they release their alert. small time volume everyday but rising.. what do you think?
ReplyDeleteP, I have no idea what caused EGOH to pop 6 or 7 hrs after the press release. It may be a "group play" since it has such a low float.
ReplyDeleteRishi, I can't find anything on ECTA. Did you initially buy it because of the chart?
SPAG popped at the open. Now, the chart looks really good after the intra-day retrace considering the 3-month candlestick chart.
I'm really liking FTAR. The market cap is way too low based on there acquisition of CPEX.
ReplyDeleteHi Card, yeah SSN's had quite a run up. Volume remains 3 or 4 times more than usual. I think it will hit $3 in the warmer months. Could go to $5 this year.
ReplyDeleteHope to see AUMN reach its target. Guess it needs some news. Volume still very low.
Tough day with the market. A lot of week ending bid whacking going on, particularly with the pennies. The only thing that I own that's working today is SPAG.
ReplyDeleteNMM is my sole bright spot, just reached an all time high and still on the way up.
ReplyDeleteIt's a big board stock I pimped on here a while ago, not sure if anyone else took the recommendation.
Card - Any idea why TTNP has been moving upwards of late? I can't seem to find any news on it.
ReplyDeleteStock newbie, I noticed TTNP moving as well. The volume isn't real heavy so it could just be speculators. However, it may be worth following.
ReplyDeleteP, after the pop a few day ago, LHPT looks like it might be a buy now. Short covering should start soon, which could make it move quickly again.
Card, level 2 is very thin on NFBH. After .06 next up is $100!!
ReplyDeleteDo you think it can hit .10 this week or where do you like it to go by tomorrow or this week?
It just hasn't had any trades in over an hour but as long as it makes good gains.
Would you reccommend getting in now for a short term trade?
Hey P, remember GTLL? That piece of junk I bought at .0001?
ReplyDeleteIt just hit .0003.
My sell order was for .0002.
Tim, that's great. Maybe you should've raised your sell order? LOL
ReplyDeleteWhat caused it? It it something specific or just random buying? How high you think it will go?
Look at what a disaster MSOA has turned into. Most everyone here missed their 2 big runs too.
P, I have no idea what caused the spike. IHub is acting kind of funny and won't let me in to see if anyone on there knows anything.
ReplyDeleteGoogle Finance is not showing any news or announcements, so it's anyone's guess.
I only threw a couple hundred bucks at it, so it wasn't a huge windfall, but probably the easiest couple hundred bucks I ever made.
Wow, Tim you got in GTLL at .0001?? That's a 17 bagger!
ReplyDeleteThis is only the second penny that ever worked for me. All the others turned out to be total turds. Most recently, FTLL dropped about 70% so I'm stuck with dead money until it makes its way back up. And that's "if" it comes back.
ReplyDeleteBefore today's run of GTLL, I was ready to swear off pennies, but I'm willing to dabble again.
P, NFBH looks like it might be a slow grinder higher. The chart continues to improve and the filings are still steady. 10 cents seems likely, but it might not happen overnight.
ReplyDeleteNice call on GTLL Tim!
P, MSOA is sitting there at .0002. If it dips down to .0001, it might be a lottery ticket given its history as a runner and crasher.
ReplyDeleteYeah, Tim, I've known about MSOA since the bighoper days and it's been dead for a while now but I agree it could be a good lotto play but I wouldn't be surprised if it NEVER wakes up again or maybe only goes to .0003 or so.
ReplyDeleteHey Card, Morningstar has labeled old friend CHOP a 5 Star Stock. It's currently trading under $6.00 and they put a $10.00 Fair Value Estimate on the stock.
ReplyDeleteI'm looking into buying as two of my most trusted sources like the company.
SGDH seems to be setting up well for at least another 50% move in the next day or two. The chart and relatively high volume should bring more buyers. We'll see.
ReplyDeleteCard,
ReplyDeleteI hope you had gotten back into SSN! This has got to be the land owners in Wyoming telling all their relatives to buy or something! Unreal!
I sold at $2.00 like an idiot. Kept some profit and got back in at $2.30. Im hearing $2.70 resistance... whats your take Frank?
ReplyDeleteFrank, unfortunately I've been watching the SSN train go bye-bye without me. Heck of call on your part.
ReplyDeleteRishi, ECTA is 140 bagger since it first began to move off of $0.0025 at the end of December. That's crazy! I still can't find a reason as to why it's moving. There must be a merger in the works.
ReplyDeleteKeep an eye on KNKT. I bought it yesterday because the chart looks really suspicious. There's not much to the company, but somebody is walking the share price up. It looks like one of those "make your money and get out quick" stocks.
Both VPRO and TTDZ look like solid buys at the open. It's a good chance that at least one will pan out as a "Friday runner".
ReplyDeleteElias, I look for SSN to hit $3 within months. I honestly expect it to hit at least $4 this year and maybe $5.
ReplyDeleteI have been hearing similar sentiment online as well. The company has a alot of upside.
ReplyDeleteI sure hope so, because my $2.30 'chase' purchase looks pretty naive at this point.
I wouldn't loose a single wink of sleep over getting in again at $2.30 -- not even if it went lower. There is NO WAY that SSN is not going to hit at least $3 in the months to come.
ReplyDeleteThe story is just too GOOD and at $2.30 it is still undervalued right now. Just wait till the 3D seismic survey is complied into a map and a joint venture is announced. It is completely possible that SSN could go over $6 this year.
Rishi, did you see ECTA close at 50 cents Friday? This week it finally appears to be giving up some gains, but that was a ridiculous run. Every day I've looked to see what may have caused the move and I can't find anything. Looks like it might have just been a well coordinated group play.
ReplyDeleteHey Frank great news! No I did not sell. Im in this for the long run. Even if it hits $3, I probably wont sell. I took profit at $2.00 and got back my investment so everything from this point will be bonus.
ReplyDeleteElias, good! Glad you stayed in. Now feast your eyes on this juicy info from land owners next to Samson's land!
ReplyDeletehttp://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=73032&tid=36488&mid=36518&tof=4&rt=2&frt=2&off=1
PSPW looks really good this morning with its news. 3Mil market cap to be merging with a company that done 60mil in revs the past 3 years. If it doesn't gap up too much, it should be winner with just a 12Mil float.
ReplyDeleteTim, the lack of volume in PSPW is a bit puzzling to me, but I think 20 cents is a good target for either today or tomorrow. Another thing in its favor is that this could spark a chart reversal with some of the technicians since there was no run up prior to the news.
ReplyDeleteKNKT has been rolling steady with the clear candlesticks. With $800K behind the promotion, I think it's fairly safe to use the "10 candlestick rule". The big money promotions usually yield between 10-13 clear daily candlesticks in a row before the dumping starts (unless there's a big pop on particular day). I'll generally sell my position on the 10th day to limit my risk. KNKT is currently on day 7.
I canceled my order for PSPW, Card. I was a couple of minutes late at the open for my limit buy order to execute. If it drops back down, that's probably not a good sign.
ReplyDeleteIt did have a nice run, though. If my order had gone through, it would have been more than a 50% return in a short amount of time.
Tim, I think this was one of those "perfect" stocks. I guess it just took awhile for the news to sink in. It hit my 20's so I'm out, but I'm willing to re-buy it if the MMs give it a hard shake back to the 15 cent area. This potentially could run tomorrow as well.
ReplyDeleteCard, sorry for the late reply.. yeah ECTA has all the attributes of an easily manipulated stock. I made out pretty well though.. It went from .25 to .70 on fewer than 500 shares yesterday I believe.. Pretty wild.
ReplyDeleteI like BCOE right here at .15 x .20. It's not real liquid, but they just announced a merger with a company that did $53M in sales in 2009. Current market cap is only $5M and the float is only like 12M.
ReplyDeleteCard, I show a market cap of BCOE of closer to 7 million. 34.4M OS and a share price of .20.
ReplyDeleteBut you are right that is does look good. It just needs to get more volume to shrink the bid/ask gap and really get movin!
P, when I made my initial post on BCOE it was 15 cents, but as you can see, those went quickly. The bid/ask gap is definitely turning people off, but it is super cheap from a pricing/sales metric even at the current prices. As the news settles in, I think the volume will pick up and people will buy this up big time.
ReplyDeleteI'm in on BCOE. Let's see if I can reverse my jinx.
ReplyDeleteTim, I'm not in BCOE so I'll defer to Card. I'm sure he'll have a better answer anyway. LOL
ReplyDeleteMaybe Rishi can chime in too as to how he decides to hold or sell and how he'd handle BCOE.
Tim, with me it depends on the stock. When I look at BCOE, I'm more incline to hold overnight because the move is not based on hype, but legit facts. Even though BCOE has moved a lot already, it should be a multi-day runner because it takes people time to piece together details about the the company merging it. There are few if any stocks with $53M in sales with a $8M market cap. Stocks like VIVK, I'm more incline to sell once I've made a decent profit. I'm looking for 50 cents plus with BCOE.
ReplyDeleteI like the fact that BCOE had stable movement upwards yesterday and into today as a reaction to the news. Given this and the chart, I def. see potential for additional upward movement into tomorrow.. Let's see
ReplyDeleteI issued an alert from my twitter handle (UpChing) on Monday regarding CCAA.. I knew something was gonna happen and it paid off nicely.
Any uneasiness with BCOE? Lot of sells at the short term support level.
ReplyDeleteI hear you, Card. Hardly any volume at all today, pretty large spread.
ReplyDeleteNice move by go old TA today with the cheaper lease news. I wish I had bought and held some of those $2 shares.
ReplyDeleteCard, I got back into AUMN at 19-something. Are you back in? That price was close enough to the offering "floor" for me.
ReplyDeleteBCOE still treading water. I re-read the press release about the merger which said the tentative merger would be finalized in early February once due diligence is complete. Do you think an announcement that the deal is official is what BCOE needs to get moving again? Conversely, if the deal falls through for some reason, I imagine BCOE plummets rapidly.
ReplyDeleteI think that may be the case Tim.
ReplyDeleteRishi, I got a little NRTLQ. Hopefully will find out soon as to why it is running.
Card, WTCT is moving. I think it could really explode over the next week or so or sooner.
ReplyDeleteP, WTCT chart is starting to look good again.
ReplyDeleteI jumped into PDMID. It looks like traders might want to push it higher since the float is now so low. I wish I had seen it sub-penny.
Card, WHAT the hell caused PDMID to explode 50,000%?? A 500 bagger! I don't see any news or promos.
ReplyDeleteThat is what we all DREAM of! Imagine if you were in yesterday at .0001??
Card, what do you think of EVCA? The CEO has talked about taking it to DOLLARS and it's only a penny now. There was also a fairly large insider buy recently and it only has a 25M float and only 70M OS.
ReplyDeleteCheck out this link: http://t.co/7RXuR4G
P, lots of shares of EVCA are trading today. What's caused this? The IHub link you posted?
ReplyDeleteP, did you pick up some EVCA? With all of the fluctuations, depending on when you bought, you could have made yourself a real nice short term trade.
ReplyDeleteP, if EVCA can hold .0075 -.008 the next couple of days, it has a good chance of moving much higher. I've been away for a bit so I'm just watching it for now.
ReplyDeleteCard, BCOE announced that the merger was finalized. Some shares have been traded at least, but no move upward. No idea what's going on.
ReplyDeleteTim, BCOE is a head scratcher. I had to let it go because the market wasn't seeing what I was seeing.
ReplyDeleteI made the biggest mistake of my investing/trading career today. I had a bid for GWAY at .03 shortly after the open this morning. I eventually pulled it because I wasn't willing to pay a .05/share. Now it just hit $2.25/share. I feel sick!
P, EVCA is a beast!
ReplyDeletePretty annoyed I went with BCOE instead. It had "better" news so I thought it would be the big mover. Oh well.
I know what you mean Tim. I feel like I've been cursed all week. First, was the GWAY disaster decision and now for not chasing TSAS in the 2-3 cent area. Hopefully, I can do better next week.
ReplyDeleteTim, I know how U feel. I've not had a runner like this in almost a YEAR! They can be RARE so you better take advantage of them. Plus I've also lost 70% to 85% on 2different plays although one was just because I couldn't get online.
ReplyDeleteI still cry myself at night when I think about how I missed out on 2 huge MSOA runs last summer plus those reverse merger plays like INOL, CMGR, and DMGM!
Card got in on ALL of those so he doesn't have to feel that bad about missing out on GWAY.
Card, why haven't you commented on EVCA? The target in .20 in 2 weeks or less it could even come close to its 52 wk. high of .51!
There's some HUGE news down the pipe about its electric car and other deals they've got going. BIG money coming in!
Ok, I'm feeling a little better to start the week. I got a double from the CLGZ merger filing. If you guys haven't figured it out yet, keep you eyes open for merger news via the news wires and/or 8-k filings.
ReplyDeleteCard, how high do you think CLGZ can go with the merger news? The 52 wk. high is .22.
ReplyDeleteI'm riding the EVCA wave to .25+ hopefully within the next week or so. They also have HUGE news pending.
It's the best play I've had since GCKO in Dec.2009!
Tim Tim Tim!! You should've gotten in today since you had ALL DAY to get in under .10!! You can STILL get in around .10 right now!
ReplyDeleteEVCA is going to .25+ again! The 52 wk. high is .51 and it will probably even break that!
They are the exclusive retailer of the Italian electric car Tezzari and they have new investors and deals lined up including a company in China that WARREN BUFFET has invested in!! Don't be on the outside lookin in or you'll REGRET it!!
P, I think you play the run up and sell the fade with all of these merger plays. They are fast movers and big money makers if you can get in them early, but none of them appear to have much staying power. Personally, I'd make my money and then move on to the next one since the M&A activity is pretty heavy right now.
ReplyDeleteCrazy move by HNHI. 50 Cent's getting richer than he already is with his 30M shares now valued at over a buck a share.
ReplyDeleteCard, SUGO is dipping down. You might get a chance at 10 cent shares, but, at that point, does the stock no longer interest you?
ReplyDeleteElias,
ReplyDeleteI'm almost certain SSN is going to hit $4 by July. The Niobrara is HOT!
Card, you realize the TREMENDOUS potential with Options? To give you some examples the PNRA calls were up 1000% in a day last week due to positive earnings! BAC calls went up 200%+ in just a week earlier this month!
ReplyDeleteThe great thing is you can just buy 1 contract of a hundred shares and just risk a few hundred dollars and you can sell before expiration if things go bad. My account was recently approved for Options and I'm dying to try it out!
You realize if the underlying stock goes up just 5% to 10% the option call can go up 100% to 200% or more? It's AMAZING!!
Don't we basically know the time of year when earnings are supposed to come out? Then you just have to do some digging into the company and the previous filings to get an idea how the earnins will go right?
What do you think? Anyone else can chime in too!
Is anybody trying to roll with the old 2008 supernova low float oil plays FPP,PDO,MXC, and ROYL?
ReplyDeleteCard, I can't bear even logging in to my Schwab account. Nothing but red the last few days, even from companies like Toll Brothers who exceed expectations.
ReplyDeleteNot really the focus of this blog, but I am starting to look into ways to play the impending influx of inflation.
P, GNPG looks interesting with more announcements to come. Where do you come up with your 5 cents price target? 52 week high?
ReplyDeleteSTLK made a nice move for you today, Card, if you're still holding.
ReplyDeleteTim, I sold STLK at a little more than a penny. I was hoping for more, but I felt it started losing steam so I locked in my profits.
ReplyDeleteSAVW looks to be a liquid mover today. I got in at .0085 and hope it grinds higher all day.
Nice Card! It jumped another 100% since you mentioned it.
ReplyDeleteCard, you never said what you think of GNPG? I think it can hit .04 to .05 and maybe higher. I made a post on it that Tim responded to but I don't know what happened to it.
ReplyDeleteWhat did you mean by M&A activity when you were talking about mergers and EVCA?
P, GNPG would look good if it can break .02. It should hit your target if can do that.
ReplyDeleteMy statement about M&A (mergers and acquisitions) activity didn't pertain to EVCA. I was just saying that M&A press releases for .PK and .OB stocks are money makers right now.
GUNP which I mentioned a couple of weeks ago is starting to pick up volume. It should be a 50%+ gainer from here on the pump the next few weeks. Potential perfect chart.
ReplyDeleteThe chart for GUNP looks awesome. Who's doing the pumping?
ReplyDeleteTim, I'm not sure who is pumping it, but the chart and steadily increasing volume is a dead giveaway.
ReplyDeleteCard, another great M&A that we missed out on is PSPW. I knew about it but I'm in GNPG and QSGIQ instead.
ReplyDeleteHave you heard about QSGIQ? They say it is a rare breed of Q stock since all commons will be kept intact after the asset sale and they'll be in stronger hands afterwards. It's being compared to another Q stock that went from .13 to $7!
Even if this just went to 1 to 5 dollars that would be great. What do you think of QSGIQ and how high you think it can go?
P, I'm not as high on QSGIQ as a lot of ihubbers are. I could be wrong though.
ReplyDeleteSo Card, how high you think QSGIQ will go once it come out of bankruptcy? By end of March let's say?
ReplyDeleteSSN is on fire!
ReplyDeleteI saw NVAX spiking into the close and bought some just for the heck of it hoping there was some sort of leak. Fortunately, they got massive contract. I hope my $2.55's turn into $5's. We'll see.
ReplyDeleteSSN just wont let up! Wow Frank you nailed this one!
ReplyDeleteHey Frank (and anyone else with SSN holdings), what is your exit strategy? Long term I think SSN will continue up but I just feel its gone up too high too fast. Thoughts?
ReplyDeleteElias, I think you ride SSN as long a oil is hot, but a correction is definitely coming soon.
ReplyDeleteCard, I see you got close to a 50% gain on NVAX unless you're still holding. Where did you see it spiking into the close 2 days ago? Do you use a screener or something?
ReplyDeleteP, I sold NVAX at the open yesterday. Someone mentioned it spiking on a couple of messageboards I check.
ReplyDeleteEDNE looks like a gift at .18 based on the report that the released yesterday in their 8K. They've got less than 10M shares outstanding and their market cap is less than $1M. Look at their reserve numbers on page 2 and 3 of the link below. This should be north of buck IMO when people discover it.
http://www.sec.gov/Archives/edgar/data/1083866/000106299311000765/exhibit99-1.pdf
EDNE looks interesting, Card. I'm gonna take a quick look and hopefully not miss out on it if it runs.
ReplyDeleteCard, the reserves report looks great. I put an order in. It also looks like the company's future income was based on oil prices before the recent spike, no?
ReplyDeleteIt looks like it Tim. The oil numbers were based on $69 oil and not the $100 it is now.
ReplyDeleteIt also looks like I missed out. It's gone up another 50% since I put my order in. Trying to avoid chasing this one.
ReplyDeleteP, I think Card might be a witch. EDNE now just short of a double after Card called it a gift at 18 cents.
ReplyDeleteCard, EDNE does look great and should reach your target. Slight correction on the market cap though since it's 3 million and not under a million.
ReplyDeleteYou are correct P. L2 looks really thin. If EDNE can break .35 on volume, I think it could quickly print a buck before retracing.
ReplyDeleteAUMN looks like it's trying to get its mojo back. It's baffling to me that silver can be this strong, yet this stock hasn't performed.
ReplyDeleteThere have been 8 or 9 trades of EDNE at or below my limit price. Yet, my relatively modest order has not been filled, aside from a partial fill valued at $35.00. What explains who gets the shares? First in line? If so, there have been other trades bigger than my total order after my partial fill, so, not sure what explains it.
ReplyDeleteTim, what price is your order at and what broker you use? I have an order in for some lotto shares at .20 but I know it probably won't get filled. I just have my money in other stocks now.
ReplyDeleteI have TDA and I generally have no complaints about getting filled.
My limit order is set at 25 cents. I use Charles Schwab.
ReplyDeleteHonestly, I have no idea how and why orders get filled. Had no idea the broker would matter in this regard.
Tim, generally it's first in line but I have noticed that the MMs of certain brokers do get priority over others. Some brokers like Speedtrader allow you to pick which MM you want to route your order through base on what you see on L2. I had similar issues with EDNE getting filled, but lucked into some .18s. There must be a big buyer at .25 ahead of you and a seller is accommodating them.
ReplyDeleteWow, I thought you would've been filled. Wasn't the ask at .25 when you put in your order or hasn't it touched there since then?
ReplyDeleteThere has been several trades at .25.
I really don't think broker matters THAT much. Etrade has their own MM but I don't think it matters. TDA doesn't but they're the #1 broker with 7 million accounts so I doubt people have a problem getting filled or they'd leave.
Filled. Finally. I'm one of the red trades that just went down. Now, let's get it moving back up. Come on, P. Don't you want to pay 30 cents for EDNE?
ReplyDeleteLOL..no thanks Tim. I've lost too much money chasing. The chart is showing it's heading down so maybe there's a small chance my .20s get filled but if not that's fine and good luck to you and Card!
ReplyDeleteCard, do you view a close below .30 as a sign to jump ship? It could be an UPCO where the strength came the next day, but it could be an FLTT where the failure to close on a high sent it down the tubes.
ReplyDeleteTim, it closed at .29 which seems pretty good. I actually sold a little to lock in some profits. It is anybody's guess what will happen tomorrow, but I predict it may drop to .18 - .20 cents early and then recover to a new high if oil is strong.
ReplyDeleteWell, Card, EDNE has started the day like you predicted. Let's hope the rest of your prediction comes true.
ReplyDeleteMeanwhile, FLTT is up over 130% this morning.
Tim, I don't know if you're still holding EDNE, but it is looking really good right now despite being down for the day. I actually bought some more at .20 this morning. If it moves higher or even stays in this .22-.25 range, it'll be positive for the stock. Based on it's reserves and outstanding shares, this might actually be the cheapest oil stock on the market right now.
ReplyDeleteI am still holding EDNE, Card. I am also encouraged by the trading so far today and am further encouraged to see you like it enough to buy more.
ReplyDeleteDisappointing day for EDNE but not a disaster by any means. Closed on an upswing even though down for the day. I placed a sell order to get out but it never got there. I am hoping the uptrend at the close suggests movement upward tomorrow.
ReplyDeleteCard, are you losing patience with EDNE like I am? A bunch of tiny trades between 20 and 24 cents today. No real movement in either direction and I don't see any catalyst on the horizon to push it higher. I am surprised interest in the stock has fizzled.
ReplyDeleteHi Elias,
ReplyDeleteSorry for a late reply. I haven't been visited here lately.
Yeah, SSN rocks! What is my exit strategy you ask? Well, for me it is to sell anytime I see fit after the first week of May because that is when I reach the one year mark and can pay only 15% tax.
I agree with Card that a correction seems needed. It surprised the heck out of me that it ran to $4 this soon. However the massive sustained volume could be a clue that this is not just day traders getting in on oil plays.
If you read about how much activity and good news is coming out of the Niobrara oil fields (one of SSN's holdings that is just getting started, this amazing run could just be the Big Boys getting in EARLY. Still, I think the price needs to go near $3 again. If it were not for the ever increasing volume records being set, I would bet on that. But SSN may just level out and hold its ground with might.
There is no doubt in my mind that SSN will head to $6 or $7 this summer. If you listen to the CEO's recent conference call, he said in regards to the share price "you ain't seen nothing yet!". He also gave a presentation that calculated the Net Present Value to be about $8.20 per share!
If things get really crazy in the Middle East this summer, heck we could run over $10.
Yeah I am definitely big on this stock. This swift rise took me by surprise as well. I can honestly say it has already surpassed my expectations. I took some profits but still hold quite a few shares. This board and the people on it deserve their own TV show!
ReplyDeleteIn the world of stocks (especially online) there are so many bottom feeders and downright spiteful people, its refreshing to find a site where the people ACTUALLY want to help each other.
Tim, I think today is a make or break day for EDNE. If it breaks .17, it's a lost cause.
ReplyDeletePennypic got $500k to pump WRIT. It already has massive volume and could have legs for a lot more. Might not be a bad play to ride the pump.
ReplyDeleteWho is pumping SSN? LOL! This is nuts. I mean the price is not insane, it is just too quick. Can't wait till May.
ReplyDeleteP, keep your eye on FLTT. It seems like your kind of stock. It has had two substantial spikes the last week, one over 200% and then almost another double today. It reminds me of MSOA.
ReplyDeleteThanks Tim. I put FLTT on my watchlist. The major difference with MSOA is it is/was a .000x stock.
ReplyDeleteLooking at FLTT's chart it looks like it would be best if you got in under .01 or at least at about .01.
I wonder how long it will take for it to reach .02 and .03 again?
Hey Frank, Card, Looks like SSN had its correction. Hovering just above the 20 day.
ReplyDeleteElias, I'm not so sure the correction is finished. There was a gap around $3.11. So it may go down to there or dip below $3. Then we're due for a more SLOW rise back to $4.75 and beyond this year.
ReplyDeleteElias, I agree with Frank. SSN will be a good buy in $2.80-$2.90 area as oil corrects. It might even get there today.
ReplyDeleteWatch LQMT closely today. Big new out on it!
My trend line put the SSN rebound at around $3.00. It dropped slightly below, as per Cards prediction, but damn, I didn't see if rebounding so fast so soon. With volume this high this stock has literally no boundaries... up or down.
ReplyDeleteYeah. Pretty freaking amazing: over 12 million shares traded at 2:30. I have no doubt this stock will be in the double digits one day, rising fast enough to give me patience to wait for that in 2011 or 2012.
ReplyDeleteUgly looking market right now. Unless some noteworthy news comes just before the market opens, the only plays I see today are CBLI and ALZM.
ReplyDeleteI might do a post on ALZM. I think it's "The Perfect Pump".
ReplyDeleteI don't like buying stocks with over a billion shares outstanding, but the volume in UNDT is hard for me to ignore. Once the company stops selling shares, it could double or triple from here.