New post here at the The Perfect Stock blog. My last pick of Goldcorp Holdings (GHDC.OB) hasn't performed at the level that I had expected, but I still like the selection. Panic is beginning to overwhelm the market again. Generally when that happens, there is no better place to park some of your money than gold.
For the sake of this post, I'll go back to a philosophy I've used in the past in picking a "perfect stock". I've stated that certain times in playing the stock market, a story is so powerful that news alone can be enough to make a stock perfect. The past month and a half, the national headlines have been dominated, by the BP's oil spill in the gulf of Mexico. The company that I've selected reported news Friday afternoon that potentially positions it to be a big winner in the market on Monday. MOP Environmental Solutions Inc. (MOPN.PK) is the next perfect stock.
News
MOP Environmental Solutions manufactures and distributes MOP(R) Maximum Oil Pickup. MOP picks up and recovers oil spilled on land and/or water. The company's revolutionary, 100% Recyclable, new absorbent material picks up to 30 times its own weight in oil, without absorbing water, restores traction on slippery surfaces, and safely restores a clean, natural environment. After reaching out to BP on numerous occasions, the company announced that it had finally received a Purchase Order from BP to send its oil spill absorbent booms to the Gulf of Mexico for the ongoing oil spill clean up efforts. Per the purchase order, MOP Environmental will provide BP with three tractor trailerloads of booms to be shipped to the Hope Dale Site staging area in Saint Bernard, Louisiana. The company also mentions that upon fulfillment of this order, additional deliveries are anticipated to continue on a weekly basis and that BP will be looking to accept as much their product as they can provide.
Big Company + Little Company = Big Gains for Little Company
Often times in my posts, I'll reference my other blog http://yourtradingtips.blogspot.com. One of things I mentioned on that site is that when "trading the news", it's generally a good idea to buy stock in a small company that partners or provides services to a large established company. Just last week, you saw Jones Soda Company (JSDA) double on news that their distribution network with Walmart was expanded. This new relationship between MOP and BP certainly meets this criteria and I expect stratospheric gains in MOPN.PK as a result.
The Oil Spill Trade in Pinks and OTCBB's Has Already Been Working
This oil spill has been going on for well over a month now. Many oil services and environmental solution stocks on Pinksheets and OTCBB have already skyrocketed in speculation of providing a potential solution. MOPN.PK is no exception as it has already moved from a low of $0.001 to a high $0.20 a share (currently it's at $0.079/share). However, these stocks have been giving up much of those gains as the SEC has begun cracking down on oil spill solution companies issuing "creative" press releases just to superficially move their share prices higher. For example, the SEC suspended the trading of Act Clean Technology (ACLH.PK) while they investigate the "accuracy"of some of their claims. I'll certainly admit to have taken advantage of the oil spill trade enthusiasm, but I stopped playing them because I too had noticed how "fluffy" and ridiculous many the PR's had become. What makes MOPN.PK so intriguing though is that it is the first non big board stock to have actually received a contract from BP. In my opinion that is a game changer.
Low Float
By now most of you know that low float stocks are key in achieving those quick gains. MOPN. PK definitely fits the bill. According to most recent reports, there are about 216.5 million shares outstanding. However, the float is only about 30-40 million shares. It doesn't take long for a stock currently at 8 cents to chew through so relatively few shares. Based on the interest this stock has garnered this weekend, a sizable move higher does seem probable.
Conclusion
MOP Environmental Solutions' new contract with BP, a favorable "oil spill trade" track record, and a low float is a recipe for a potentially explosive day on Monday. The only things that I think could hinder a big run in MOPN.PK is if the share price opens too high or if management decides to sell or dilute shares early in Monday's trading. I don't think a high opening is that big of a deal (15 cents or less should be okay) because a lot of people will be chasing this one and current holders should want to take advantage of the renewed interest in the company. I also think that kills the "sell the news" theory and slows down any immediate dilution. Why sell at 10-15 cents when you could just as easily wait and sell at 30-40 cents? The public's demand for shares should exist for this type move especially with such a low float and a steady stream of news surrounding the ecological devastation. The market can be unpredictable, but I believe things are set up well for MOP Environmental Solutions, Inc. (MOPN.PK) to be the next perfect stock.
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MOPN is crazy! I couldn't even get filled until 22 cents. Is a dollar possible?
ReplyDeleteANX, NLST and DEAR - all of these stocks are bouncing off their $2 supports. They look like a great buy now, IMO.
ReplyDeleteMoreover, ANX was just upgraded to $6.
Keep and eye on BTOW. It looks like it might have some frontloading going on by a future pumper. Could be a moneymaker the next few days.
ReplyDeleteCard.. this is why i check your site like 10 times a day :)
ReplyDeleteP, I have no clue where MOPN goes from here. I've heard a few people say that they checked after hours and the share structure didn't changed today. That would mean there was no dilution. If that's true and management continues to hold off, it could move big again Tuesday.
ReplyDeleteLooks like I was right about BTOW. It's already up 20+% in the premarket. All sorts of mailers went out last night in this one.
ReplyDeleteCard, BUGS is up over 70% today. There is no news for them recently so I take it's because of the piggy back effect so to speak?
ReplyDeleteBUGS also sells environmentally friendly cleaning products.
Is that how you see it? But every cleaning company can't be up because of MOPN.
Card, it would be great if when someone posts a stock on here if they could also list any piggyback plays along with them that they know of.
ReplyDeleteHow does that sound? Did you know about BUGS yesterday?
P,
ReplyDeletelook at STHG. Its chart is insane. I recommended it to you as a good double, but I did not expect this monster run.
P, I knew BUGS and EVXA were oil spill plays, but I mistakenly didn't think to play either until it was much too late.
ReplyDeleteBighoper, I feel awful that I picked GTLL and MSOA over STHG. That was a fantastic pick.
ReplyDeleteP,
ReplyDeleteI still have very high hopes about both MSOA and GTLL. Check tomorrow for GTLL news at 8.30 a.m., as they usually announce news later in the week - there should be more acquisitions and I hope we test 5 cents again. MSOA is now looking dead like STHG did a few weeks ago. I am patient, because I know that the stock has the ability to run over 20 cents when good news comes (under the former ticker IECM).
STHG is now on many people's radars, it may easily break 0.0030 tomorrow.
NLIA, finally looks ready! The chart is just too perfect!
ReplyDeleteCard what's you target this week for NLIA? Around .10?
ReplyDeleteI'm not sure about this week, but in the next 5-10 days, I think 8 to 10 cents on the low side and 12 to 14 cents on the high side.
ReplyDeleteCard and Bighoper, TTCS' OilDam(R) Emergency Containment Proposal is being reviewed by BP and the U.S. Coast Guard and it could be announced anytime that immediate field testing could begin.
ReplyDeleteHow do you guys like that? I hear a dollar is possible with news. Maybe higher.
Finally MSOA news!!! The stock is at the rock bottom of the chart and positive news is out :-)
ReplyDeleteP, I still like NLIA. Even though it's down today, the chart is still bullish as long as it closes over 5 cents.
ReplyDeleteP, I decided against TTCS because the low volume scared me, but it may very well may work out for you if news hits.
PRWT is bouncing off its all-time low of 45 cents - the same price for which insiders bought their shares in April. Will it triple again like before the Q1 earnings? I am buying.
ReplyDeletePRWT climbing back up from its all-time low of 45 cents, hope we'll see a dollar again in a few weeks.
ReplyDeleteI can't seem to pick any good ones today. However, the bright side is that my WOLV and NLIA have been solid. If WOLV can break 21 cents it could quickly get to the 24-25 cent area.
ReplyDeleteCard,
ReplyDeleteThanks for NLIA and WOLV.
I am now looking at SSWC and SREH, which are climbing up.
SSWC is No. 1 on I-hub today. Lots of talk about big PRs on new products coming next week. Looks very tempting. SREH has an I-phone application and more news can be expected.
NLST news!!!!
ReplyDeleteStocks on watch today: NLST, NLIA, WOLV, MOPN, and TACN.
ReplyDeleteNice selection, Card. Also YRCW may rock today.
ReplyDeleteTiny low floater IFLG rocking on rumored takeover by OMCL (InPlay) !
ReplyDeleteCard, why the 3 day delay for SBRH to take off after it was acquired by Vaenza? Did you find it on OTCmarkets.com or somewhere else?
ReplyDeleteBighoper, great call on IFLG although I missed it!
P, I wouldn't say SBRH had a delayed reaction. The first day of trading after the news was released, it moved from $0.005 to $0.15 the first hour or two of trading. That's a 30 bagger! It gave some back and now it's moving up again.
ReplyDeleteP,
ReplyDeleteI bought IFLG at 4.40 and sold for 5.33 on the first spike. Then I had to leave the computer and missed out on the subsequent runs. I am looking forward to next low floater spikes - ENCO, ZANE, SPDE, HAUP, DEAR, CNLG, etc.
I also had a great gain on NLST $2.14 - 3.03
Low floaters are fantastic.
Card,
ReplyDeletewhat do you think about ENCO news after hours about upcoming rights offering? Some people on yahoo think this will be followed by some contract news and ENCO will fly again.
ENCO is one of the low floaters on watch.
IFLG may go to 11-12 dollars today, ZANE to 3.50. Monster volume on both. Another low floater MIPI may be starting!
ReplyDeleteAnd another low floater CNLG starting :)
ReplyDeleteSBRH is now at 45 cents. I feel sick :(
ReplyDeleteCard, where did you find SBRH? The OTCmarkets top decliners list? Then you saw it bounce back up?
ReplyDeleteAs far as missing out on the big one I know the feeling buddy and I think we've all experienced it unfortunately.
Card and P,
ReplyDeleteI have the same feeling about STHG, I had a ton of shares at 0.0011 - look at it now!!!
P, after I saw SBRH pop the first day, I just started following it periodically the following days.
ReplyDeleteBighoper, STHG is a beast. Most people say it's moving because the CEO finally stop diluting. Unfortunately, I'm watching that train go bye-bye too.
Card and P,
ReplyDeletedo you also have problems with the 1-year chart on I-hub on the individual stock sites? I missed a double today due to this problem, because sometimes these charts failed to show. I caught the BDCO news two hours ago when it was below 0.25, but when I finally opened chart in a separate window, the stock was 0.28 and I didn't want to chase it.
Bighoper, that does happen to me sometimes.
ReplyDeleteThanks Card, so I-hub may be to blame.
ReplyDeleteI was alerted to BDCO by InPlay. I subscribed a month ago and I am starting to like it more and more. It is interesting that the IFLG run from 4$ to $8 was triggered by their alert about buyout rumors. Without the subscription, I wouldn't have been able to buy below 4.50. Are you subscribed?
Card, what indicators in particular on the chart were so special for NLIA? Was it the ADX, MACD, Stochastics, A/D, RSI, etc. or a combination of certain indicators? I'm upset because I had it at .054 and .055 but sold it for almost no profit and now I see I would've made 50%.
ReplyDeleteI'm asking because most pennies have runs and then just tank down again.
Bighoper, what is this InPlay and how much does it cost? What exactly do they do?
I don't use the Ihub chart but I use the 1 year chart on Ameritrade. I like that much better.
Happy trading to you all!
P, I look for charts that have consolidated after a run. In NLIA, I noticed that the bollinger bands were tightening in the 4 to 5 cents range. Generally when that happens, a group of investors will get together, create volume, and push the price past the technical breakout point. That breakout then triggers technical traders to buy, and then momo kicks in. HSCC had a similar setup, but it has recently started more of a downward trend. However, HSCC still may be one worth watching since it is still technically consolidating (as long as it stays above 3 cents) and news can create the same breakout effect.
ReplyDeleteBighoper, I don't subscribe to Inplay, but you do make a convincing argument as to why I should consider doing so.
InPlay is a great news service for investors, including alerts, hot news, etc.
ReplyDeleteAfter a one-month free trial, I subscribed for a year (approx. $400-500) and I had my money back in a week, after they had alerted me on ZANE.
Free trial is here:
http://www2.briefing.com/Marketing/LandingPages/BIP/Index.html?Source=HomeWidget
Tutorial here:
http://www.briefing.com/CorporateWebsite/Tutorials/General.htm
Very interesting news just announced by the beaten-down and low-float regional bank UWBK. It may have a great day tomorrow.
ReplyDeleteThe PR sounds great: http://ih.advfn.com/p.php?pid=nmona&article=43241372&symbol=N%5EUWBK
Card,
ReplyDeleteI bought UWBK at 0.88 after hours after an InPlay alert
LTUM is very interesting and definitely worth watching. URRE will probably have a huge volume day.
I also like that PRWT, which is well capitalized and near its all-time lows, has just reported insider buying in June. Great sign, IMO!
Bighoper, I got some UWBK at 95 cents in the premarket, but only got a partial fill. I ended up buying some more at $1.05. I think this could go to 2 bucks by tomorrow as more people discover it.
ReplyDeleteBighoper, great call/post on UWBK. I got in a little late at about $1.20 but like Card I also think at the VERY least we'll test the HOD during power hour EOD and should gap up tomorrow.
ReplyDeleteCard and Bighoper, don't you guys think we'll test today's highs by end of day and should go past $1.50 tomorrow?
P, UWBK supposedly opened at $1.47. It doesn't look like that will get tested, but I have seen crazier finishes.
ReplyDeleteKeep an eye on AXXE. Very unusual activity in that one.
Card, what very unusual activity do you notice on AXXE?
ReplyDeleteI took a stab at it yesterday near the close since I see it pulled back nicely and with the news it should test yesterday's .105 again soon.
P, I just noticed that AXXE pulled back significantly on very low volume and the chart was at a 45 degree angle the last few days.
ReplyDeleteIf traders get behind CWLZ, it'll go to 10 bucks today. It's got one of the smallest floats I've ever seen.
Card, I bought CWLZ at 3.50. It is actually almost at the top of the lowfloat.com list! Already the biggest volume of the year.
ReplyDeleteCard, pulling back on low volume is good sign so do you like AXXE to come back to at least .09 either today, tomorrow, or by Monday? How high you think it could go by then?
ReplyDeleteWhat service do you use for your charts? I can't get many candlesticks to show up either with a 5 day or 5 minute chart on Ameritrade and the AXXE symbol doesn't exist on Stockcharts.com.
STHG shows what an honest and non-diluting CEO can do for the stock price and how the fate of a stock can do a complete U-turn. A few weeks ago, there were one or two depressing posts per day on the I-hub board, now it's the No. 1 by the number of posts.
ReplyDeleteAmazing. I think MSOA has a similar potential at the current levels given its low float. It may take a few weeks/months, but a 10-20 bagger is possible from these levels, IMO
Happy investing!
Let's search for these winners
P,
ReplyDeleteSTHG is still extremely hot and sky is the limit, because dilution is off the table.
GTLL seems to be warming up, as more people are slowly becoming aware of its potential. The PR campaign continues and on Friday and today there were more than 500K shares traded (accummulation?). When they announce a second acquisition, we may finally fly.
I'm kicking myself for not buying PDO under 4 bucks. It almost touched 7 dollars today. I am repeating myself: low floaters are one the best vehicles to monster gains.
P, I got stopped out of CWLZ at $3.30, it's a pure lottery for me, but I hope it goes up for you.
ReplyDeleteBighoper, what a frickin AWESOME call on CWLZ!! I was hoping it wouldn't crash today and to my amazement it opened above 5 bucks!
ReplyDeleteI feel like a fool for only selling at $5.20 when it's over 6 bucks now and like Card said it could hit close to 10 bucks!
But that's over a 50% gain in a day and I'll take that anyday and everyday!
Keep up the great work guys and best of luck to you all!!
loving NMTI.. Thanks!!
ReplyDeleteHey bighoper, here's a question/suggestion for you.
ReplyDeleteI am also gung ho on reverse mergers. I wonder whether there is a way to identify those shells that are likely RM targets and buy a bunch of shares before the RM happens.
Was the TDGI shell attractive for some reason? How about GTLL? There has to be some reason those shells were targets of profitable private companies.
Seems to be if we could identity likely targets and buy when 4 shares could be had for a penny and park our money there, we could make a lot of dough.
Here's the question part: are there so many of these shells that it would be impossible to predict a likely target? And, is the downside risk of the buy and waiting game that the company will cease complying with reporting rules or vanish (along with our investment)?
Just some random thoughts.
P,
ReplyDeletehuge congrats! You had a great entry price, that's the key. CWLZ used to trade over 150 bucks when it was profitable !
CWLZ may be followed by CSNT, another low float bank. It looks like it's starting to move.
ReplyDeleteNMTI does look good right now and the float is pretty small as well. I tried to get it this morning at 60 cents, but couldn't get filled. I ended up buying it at 73 cents. If the volume continues to pour in, I think it might spike late in the day and possibly hit $1.50 on Monday.
ReplyDeleteAMSZ looking great.
ReplyDeleteCard, Bighoper, and the rest are you guys ever able to buy pennies and sub pennies at the BID?
ReplyDeleteI know it can be done where there is a ton of volume but when there isn't much volume, such as during a period before a run, it's basically impossible I've found.
Do you have any ideas or suggestions of how to buy pennies/sub-pennies at the BID?
P, IMO it's better to pick out a price that you are comfortable with as oppose to worrying about the bid/ask. I generally look at how something is trading, put my limit order in, and if it hits then great. If it doesn't, I look for other fish in the sea.
ReplyDeleteTim,
ReplyDeleteI like the way of your thinking. It's a great idea actually. I know there is the site www.shellstockreview.com, which tracks potential R/M candidates. You can also go back to the TDGI I-hub message board and check some posts from June 2009, when the R/M rumor first appeared, there are some interesting links.
On the flip side, I am afraid that the research may be too time consuming. Therefore, I have now decided to focus my attention on low floaters, which can achive gains similar to successful reverse merger plays and they are easier to find.
Anyway, thank you for bringing these thoughts to the attention of this board and if you do have any idea, how to spot likely R/M candidates, let me know!
Have a great weekend.
Card, what do you think about ROIAK (one of your former picks along with CMLS) as a potential bounce-back candidate (swing trade)? The stock has dropped from $5.40 to 2.40 in a few weeks and now they have announced that new financing is secured and that they are branching out into the TV industry. This may return to the $4-5 range very soon like ABR, for example. Even if it gets back over $3, it will be a nice 30 percent gain.
ReplyDeleteThanks.
Bighoper, ROIAK does look primed for a bounce back from a technical standpoint, but I'll have to check out the financing a little more closely.
ReplyDeleteThanks, Card.
ReplyDeleteI also suggest APCVZ - FDA approval and potential bottom bouncer. It staged a few huge runs in the past.
Lots of support on the chart for JBIIE in the Dollar range. Could see at least a 50% bounce from here.
ReplyDeleteRPC nicely breaking out on the news that an investor call has been scheduled for Thursday, where something big may be announced. This may move to the 1.50-2.00 range before the call just on expectations.
ReplyDeleteSTHG has incredible momentum, great news today and no dilution plus authorized shares freeze to be filed on Pinksheets. Sky is the limit, I will probably jump back in.
ReplyDeleteMy pick last week AUMY is starting to move up nicely now. Keep an eye on it.
ReplyDeleteETRM was another missed opportunity. I saw it was up in the premarket early this morning at about 33 cents. I just didn't think it would do much today. I certainly was wrong.
ReplyDeleteCard, what is the best site to spot NASDAQ and other big board PRE market movers?
ReplyDeleteP, Busystock.com.
ReplyDeleteP, LTBR maybe your gapper play tomorrow.
ReplyDeleteSAPX low floater great results just out. Conference call tomorrow to discuss outlook. It may double tomorrow, the float is just 1 million shares.
ReplyDeleteMIPI will rock tomorrow on the Phase 2 positive results.
ReplyDeleteCheck the PR:
It's also a low floater: in April it went from 1.60 to 4.40 in a single day after positive results.
Sorry, link to PR:
ReplyDeletehttp://ih.advfn.com/p.php?pid=nmona&article=43346372&symbol=N%5EMIPI
I did some DD on MIPI after wondering why the stock price didn't shoot up during extended hrs. The company has a waiver from its bondholders and it will expire on July 2nd unless an agreement is made. The company does have a sick pipeline of promising drugs and thus should give some degree that they would be able to work something out but there is a serious risk of bankruptcy as well so tread with caution with this one.
ReplyDeleteCard,
ReplyDeleteI bought MIPI afterhours at 1.74, just sold at 2.45. I only wish I had more money yesterday to load up.
STHG is arguably the penny stock of the month (year?). It's almost a 40 bagger since I recommended it here at 0.0006 and climbing!
Any of you buy SSN since I mentioned it (again)?
ReplyDeleteBIG news out this evening (Thursday).
http://samsonoilandgas.com/IRM/Company/ShowPage.aspx?CPID=1155&EID=83802492&PageName=Samson
Bighoper,
ReplyDeleteI got a position in both GTLL & MSOA. Could you give me your perspective on both? I'm specially shocked with MSOA's dramatic drop in price and no sure if it could be a buying opportunity (my initial position is around 0.012).
Regards,
Sam
Card, Bighoper, and everyone else I found a cool site called Stockhouse.com that gives you Signal Stockscores and Sentiment Stockscores of every major stock in the market that has at least 200 days of trading.
ReplyDeleteThey analyze each stock by using many different technical indicators along with their own proprietary model which is confidential. The Signal stockscore is short term indicator and ideally should be 80 or more to be bullish while the Sentiment stockscore is the exponential moving average of the Signal stockscore and it should ideally be 60 or over to be bullish.
I wanted to test it out first since I didn't want to give you guys a crap site and I've found out it's almost always right. This can help all of us find killer stocks since you can find out the stockscore for further confirmation or denial of its potential. Keep it mind it's not always right and you still use the other methods of analysis you always have been.
Thanks for MIPI and LTBR and it looks like they both had excellent gains of around 50%. Unfortunately I wasn't online yesterday and won't be able to trade for just a little while but will be trading again ASAP. PLEASE post big gainers like that once I'm back trading!
In the meantime check the site out and let me know what you think.
Best wishes to you all.
http://www.Stockhouse.com
Hey Card,
ReplyDeleteIf I had more cash, I'd be dumping ALL of it into SSN at today's price of 74 cents. It was a SCHWEET deal under 63 cents, but it is still a STEAL at this price today.
Last nights acreage sale and royalty news ALONE is worth a whole lot more than the prior entire market capital of the company!
I don't see how SSN is not going over $1 very soon and over $2 by year end. All those millions are going to be used to accelerate drilling in the hot Bakken and Niobrara.
I sold every stock I had to get into SSN last month.
I'm looking for ASPN to have a big finish today. Only 7mil shares outstanding. They released merger news after hours last night via an 8-K. If they release a PR or more volume comes in, I think it could see a buck today.
ReplyDeleteCard, PCLI looks fantastic!
ReplyDeleteSTHG was due for a correction, but one cent should hold, IMO. I am buying at these levels.
ReplyDeleteSam,
ReplyDeleteboth MSOA and GTLL are now under the radar like STHG a few weeks ago, which then moved from 0.0006 to 0.024 for a 4000% gain.
MSOA - My strategy is easy here. Accumulate cheap shares at these levels and wait for the next PR (Q2 financials) or a newsletter/I-Hub pump. You have to be prepared that the stock and your money may be dead for a few more weeks. I added 400,000 shares at 0.0032 yesterday. A few weeks ago the stock was pumped up by the Pinkinvestors I-hub board and it soared - without any PR at all - to 0.039, which is a 13bagger from here. And it may go even higher like in March so you may get 20 or 30 times your money back. That's why I am patient.
GTLL is also under the radar and it moves on a light volume between 3, 2 and 1 cent, now it's even at 0.009. I am not averaging down here, because I am afraid that they may start to dilute (so far it looks OK). The good thing is that they release good PR's every week so if they don't dilute, the stock will take off, no doubt. So I am holding what I have and waiting for takeoff, while being on alert (dilution).
Good luck to you
Card, I tried to post a couple trading days ago from a cell phone but it didn't work.
ReplyDeleteYou posted JBIIE and a couple trading days ago I saw the bid drop all the way down to .15 and stay there for a while with the ask all the way around a dollar!!
Did you notce that too?
I didn't see that P, but JBIIE does seem to be slowing bouncing off that dollar support I mentioned awhile back. I just don't like the low volume.
ReplyDeleteThe seloff in ROIAK is incredible. The stock has retraced from 5.44 to 1.64 in a few weeks. I hope it will be a great bottom bouncer.
ReplyDeleteAnybody bought STHG on Friday? It was a fantastic bounce: from 0.011 Friday to 0.018 today.
Card and P,
ReplyDeletewhat do you think about IDN? This stock may double by tomorrow. Check the huge news and one-year chart:
http://ih.advfn.com/p.php?pid=nmona&article=43394652&symbol=A%5EIDN
Bighoper, I hate to buy a stock already up big during the day, but I did nibble a little IDN. Looks like pretty good risk/reward.
ReplyDeleteCard, I especially like the January spike from one to almost five dollars. Also the yahoo board is pretty bullish on the stock. Good luck.
ReplyDeleteYou are welcome, Card. I also had a very nice gain. IDN may be hot again today.
ReplyDeleteSSN green on a bloodbath market day.
ReplyDeleteGoing to over $2.00 by year end or much sooner!
Fundamentals rock!
Bighoper, sorry I haven't been here since I made my post yesterday and IDN was a great pick yesterday and hope you banked big time on it. As you see it's down today but a pullback is expected after a 100% day yesterday.
ReplyDeleteIt's looks like it could be bouncing and moving back up since some of the indicators still look good like the Stochastics.
Yeah, IDN was a big momo hit yesterday. Until some other big news hits, I am looking at many other stocks whose prices have plummeted recently and may bounce big, once the market bottoms. For example I am looking at:
ReplyDeletePMI: retraced from $7.7 to $3
CHCI: from $4 to $1.5 (low floater)
ROIAK: from $5.4 to $1.4!
RODM: from $3.7 to $2.9
UWBK and PRWT: near their all-time lows
and some others.
Any other picks are welcome!
I keep hearing about the double-dip recession.. Judging from the charts I've pulled up from a variety of different stocks from industries, we may see an opportunity to buy at below dollar levels esp. for equities like PMI and ROIAK.
ReplyDeletebtw, it's a good time to get into BMOD.. Phase II results from their lung cancer diagnostic assay have been stated to have very good preliminary results.. Official results are due soon.
ReplyDeleteExcept for holding SSN. LOL!
ReplyDeleteCard, pardon my lack of skilz. :) Does that mean no gaps?
ReplyDeleteYou guys might also like this one. Might be worth a buck right now.
http://www.google.com/finance?q=sdcjf
Great informative post on SSN's value:
ReplyDeletehttp://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=73032&tid=13513&mid=13513&tof=2&frt=1
Card, you need to write up a PERFECT blog on SSN today man! Stars don't line up like this for a predictable multi-bagger very often. Read this:
ReplyDeleteSamson can actually triple and still be undervalued.
Samson will have only 80M total shares o/s after the stock offering or 97M shares on a fully diluted basis.
This 97M fully diluted shares at the current price of only $.90 equates to Samson currently being priced at a total total market cap of only $87.3M even on a fully diluted basis.
This $87.3M market cap combined with Samson's net debt (total debt less cash)subsequent to the share offering of less than $3M has the entire company currently only being valued at a Total Enterprise value of only $90M even though they are selling only 24,000 net acres of their Niobrara for $79M in cash and also retaining a non cost bearing 4.8% ORRI on this entire 24,000 net acres.
IMO Samson's share price would haved jumped to $1.50 or above on Friday when the acreage sale was announced if not for the $4.2M ongoing rights offering portion of the original $8.4M share offering.
After the $4.2M offering Samson will have $8.4M in additional cash, will be closing on the 24,000 acres and receiving $79M in cash in one month and more importantly will be receiveing in excess of $1.50 per share in value for only this 24,000 net acres ($1 cash + 4.8% ORRI net present value) vs the curent $.90 per share price.
I firmly believe that Samson's share price would have jumped to $1.50 or above on Friday if the share offering was not ongoing and believe the true current net present value of Samson is in excess of $3 per share.
IMHO when this binding agreement on only 24,000 net acres of Samson's Niobrara acreage closes July 26th the Samson share price should escalate to the $3 range.
http://messages.finance.yahoo.com/Stocks_%28A_to_Z%29/Stocks_S/threadview?m=tm&bn=73032&tid=13702&mid=13742&tof=1&rt=1&frt=1&off=1
Card, Bighoper, and the rest UYMG has a good chance to run soon with news and promotion coming. It may or may not be today but sooner rather than later. I'm guessing next week it should really start if it doesn't start this week.
ReplyDeleteSome are saying it could go as high as .05 to .07.
I should add UYMG is a low floater so once it gets volume it will MOVE! We're talking multi-bagger here!
ReplyDeleteP, thanks for UYMG, will look at it. Also look at STHG now (after huge correction and selloff on news). 0.0050 may be a very good loading area.
ReplyDeleteForget about STHG. The support at 0.0050 did not hold and the stock is a pure lottery now. They also posted poor looking financials on the Pinksheets.
ReplyDeleteVery important news is again expected for MIPI (low floater). By midnight, bondholders should decide on the company's fate. Favorable terms of the company's debt restructuring may give the stock a big short-term boost.
ReplyDeleteCard and Bighoper, know of any NASDAQ, NYSE, or AMEX stock that would be good for at least a 10% gain either later today or by Tuesday?
ReplyDeleteA greater % gain would be even better.
Many thanks and have a great holiday weekend!
P,
ReplyDeleteI suggest GOK. Low floater plus great news and shortcovering underway. It may hit five dollars today or next week.
Bighoper, GOK looks interesting. How did you find it?
ReplyDeleteI caught the great after-hours news in my InPlay system. Throughout the day, InPlay posts every fresh piece of news that may move a stock.
ReplyDeleteGOK just amended their credit facility. Shortsqueeze.com also shows almost one million shares sold short. Today we traded just over 100,000 shares. Moreover, there was huge insider buying in June at higher prices.
I don't guarantee it will continue to move up, but the potential is there.
GOK fizzled, no volume.
ReplyDeleteBighoper, it's coming back up. Plus keep in mind a lot of people don't want to hold positions over the long weekend.
ReplyDeleteI bet GOK sees a gap up Tuesday AM and I still think on Tuesday we should test and break the $4.35 we hit today and maybe even higher next week.
Bighoper, I bet GOK closes above 4 bucks and we get our momo back on Tuesday.
ReplyDeleteThe only reason we may not close over 4 today is if there is an EOD selloff due to the holiday weekend but there's a good chance we get our momo back on Tuesday AM!
P, I agree. Next week may be good for GOK. Anyway, I should have alerted you earlier, after the PR when it was at $3.6.
ReplyDeleteHave a great holiday weekend.
That's ok Bighoper. Just please do it timely next time.
ReplyDeleteYou have a great holiday weekend too! It'll be nice to take a break from the market for a little while.
Card and Bighoper I made a post on NEXMD and now it's gone!! What happened??
ReplyDeleteI posted how NEXMD has a good chance to break 4 bucks today or tomorrow. What do you guys think of NEXMD?
I tried to post earlier but it gave me a blogger error and wouldn't let me post. Then I got a post through but now it's gone!
Card, what happened with that and why do you sometimes get a blogger error and it won't let you post? That's happened in the past too.
Card, the site is not working for some reason. I posted about NEXMD twice but the post doesn't go through.
ReplyDeleteP, I tried posting the same thing, but I had a similar problem. It usually happens when I try to remove that comment that's written in another language that occurs every week.
ReplyDeleteLOL...Card who is that Chinese troll who keeps posting in Chinese here?? Ever tried to find out what he says?
ReplyDeleteMaybe he's trying to tell us about a Chinese stock that will make us multi-millionaires! HA HA!
Next time we should copy what he says and translate it to English. Maybe it really is a stock tip!
I saw FBP this morning, but the high share count scared me off. Boy was I wrong.
ReplyDeleteNIV - a slow, but interesting reversal, just pumped by Rodman
ReplyDeleteJuly will be extremely interesting, because of the Q2 earnings of regional banks like PRWT or DEAR. Both are taking off right now.
DEAR was profitable in Q1 and then spiked 200-300 percent. PRWT was almost profitable and has huge insider buying.
Nice volume on MSOA today after a PR on upgrade to the Pinksheets current information status. Looks like accummulation to me.
ReplyDeleteSSN will be double in less than one month and volume increasing. Double your wealth gang.
ReplyDeleteYou guys have so much knowledge. I can't believe you aren't jumping on the news with this stock. This is the biggest no-brainer since last year.
Bighoper and Card, did you see how UYMG exploded today? Bighoper you said you'd look into so I hope you guys bought it.
ReplyDeleteThis nothing. The DD shows it should be .07 and next week expect .03 to .04. I alerted it here last week.
SSN presentation out last night. Near term share price likely to hit $2.16 soon. Long-term up to $18.
ReplyDeletehttp://samsonoilandgas.com/IRM/Company/ShowPage.aspx?CPID=1160&EID=14312589&PageName=Corporate
Goshen Niobrara $76 million cash deal closes in two weeks.
P, I missed UYMG. Did you buy some?
ReplyDeleteMNDP was getting pumped this weekend. They released news after hours on Fri, which they don't do very often. Also, the chart is showing that it could pop big time with an influx of volume. A double or triple is not out of the question if the MMs cooperate.
Yeah, Card I posted about UYMG as low floater, MM must cover alert about 10 days ago.
ReplyDeleteI got a profit out of it but I thought I'd do MUCH better since it disappointed today but I wouldn't be surpised at all if it went back above .03 or .04 this week but like you I usually don't like to hold more than a day or 2.
SSN now firmly on it's way to saying goodbye to penny stock land!
ReplyDeleteCard and Bighoper, what NASDAQ or other big board do you like for at least a 10% gain by tomorrow or a bigger gain by Thursday?
ReplyDeleteFrank, SSN is a great pick and a see it's gone up over 70% since mid June but I'm a short term trader and usually don't hold that long.
P, so buy each week and sell, and buy it back. Get more money for your short terms. I don't think people realize what unstoppable news came out and that the offering before the news had held it down.
ReplyDeleteAbove all, we all want to make as much money as we can with as little risk as we can. SSN's situation has been one of those extremely rare cases where all the stars align for glory.
P, SSN is going to be up a heck of a lot more than 10% during the next 10 trading days. More like 60% to 100%.
ReplyDeleteMIPI will rock again today, check the news:
ReplyDeletehttp://finance.yahoo.com/news/Molecular-Insight-iw-3198515832.html?x=0&.v=1
JTX also looking great.
SYEV may be a potential monster. They had a great earnings report and the float is only 7.9 million shares.
ReplyDeleteWow, Card. HSWI is a great pick but it looks like when you posted it was already around $4.00. Wish we got in around $2.70 when it opened or got in when it dipped to $2.50. I think it's too late to get in now though.
ReplyDeleteWhat NASDAQ or other big board stock do you like today to get in for at least a 15%+ gain EOD or by tomorrow?
Frank, I tried to post yesterday but it didn't post. I had a limit order yesterday to buy SSN at .935 at around 10 AM but it didn't fill BUT came close. Good luck with that. I'm sure it'll do well in the next week or 2.
Card, Bighoper, Frank and anyone else who is here.
ReplyDeleteI think one of these 2 stocks could break out, JTX or DSCO.
JTX reported better than expected 4th Q net income while DSCO has pending FDA approval down the line and is trading very low for a NASDAQ stock.
Which one do you like the best?
TITL looks to be today's monster.
ReplyDeleteCard, it looks like Bighoper is on vacation you think? He posts pretty regularly so that's what I'm thinking. Did he tell you anything?
ReplyDeleteP, I don't know. This is a pretty tough market right now. I don't post as often as I have because there's not a lot to post about.
ReplyDeleteSTHG, looks like it could be setting up for a nice end of day run.
Card, it is only the beginning for SSN. The cash influx hits Monday!
ReplyDeleteP, it is no where near too late to double your money in SSN (Samson Oil & Gas). Don't save a nickel to lose a buck! The market capital doubles next week!
ReplyDeleteFrank, how do you know the market capital doubles next week for SSN?
ReplyDeletePosted once but it is gone.
ReplyDeleteP, SSN is getting $79 million on Monday. They bought land oil leases a long time ago for $5 an acre. This land has become one of the two hottest oil shale plays in the entire country. SSN recently offered some of that land for sale in a bid. Many bids were placed. The winner bid beyond SSN's wildest dreams AND they offerd ROYALTIES on the oil the buyer produces!
This is a legally binding sale agreement. Not much risk at all here. And why would the buyer bid so much if they had the slightest inkling to try and get out of a legally BINDING purchase order.
We go much higher!
Frank, once the land with the oil leases is sold how high do you think SSN could go at the highest? Then what do you feel is a realistic goal?
ReplyDeleteBTW, since you guys like Pinksheet plays, you might like this one:
ReplyDeleteSUNDANCE ENERGY (Public, PINK:SDCJF)
P, I have loaded this page several times today and am just now seeing your post.
ReplyDeleteI think it is VERY safe and conservative to see $1.99 very soon since you like short term plays.
By the end of the year I think SSN goes to AT LEAST $3.00.
There is SO MUCH freaking goodness going for this company now that REGARDLESS of the stock market, SSN goes MUCH higher in the months and years to come.
I can go into detail if you want about why, but they have got the money now to RAPIDLY tap all their extremely rich oil lands. Not just the two hottest plots of shale oil in the country (see BEXP's success), but they also have one heck of a piece on land on the Texas shore. Just off that shore are 3 floating oil platforms. Seismic data shows that SSN's land there is part of the BIG pool that the offshore rigs are into!
And SSN is smart. They are going to use a larger company to come in and derisk their lands.
I see at least $5 well before 2011 is over.
Beyond that I see this stock going over $10 someday.
GCKO released news at midnight that it's partnering with Sprint. This stock has been known to surge with volume. 200%+ gains is not out of the question.
ReplyDeleteI'm buying TITL before the close. It looks to be making a "2nd wave" move, which sets up well for next week.
ReplyDeleteWhich has the bigger close today: TITL, YRCW, or ASTC?
ReplyDeleteTITL is smoking!
ReplyDeleteIn case anyone is in SSN...
ReplyDeleteI guess if you are a pure daytrader then last night's news is negative for you. If you strictly want to just make money with as little risk as possible in relatively short time then the news is great.
The mega cash transaction is delayed to September 5th at the latest. This is do to some great positive news. There are so many oil companies now looking at the land in that area of Wyoming that their little county courthouse can't handle all of the title searches fast enough.
The large company buying SSN's land is very serious about it so they just put 10 million down.
The short term people are freaking out and selling so the price is dropping. If you want s virtually guaranteed way to make 50% to 100% in a month and a half using large amounts of money, then this is it! $3 by year end.
To add to the peal of this opportunity, there are two new oil wells coming online in a month as well!
Card, what site did you use to get the short info on GCKO?
ReplyDeleteHow do you find out how many shares are shorted BEFORE you get into the stock so you have an idea how much downward pressure there could be due to shorting? It would help let you know when to get out or if you should get in at all.
It's important for us to know this for ANY stock you know? So what site do you use to find the short info for a stock?
TIA
P, I was speculating with GCKO. I do know that otcmarkets.com has short info on stocks, but it is sometimes unreliable and not up to date.
ReplyDeleteBut Card, don't ever check the short volume on the FINRA site?
ReplyDeleteIt seems it's very helpful although I'm not exactly sure how to use it. It lists the date, the stock, the short volume, and the total volume. It lists it for EVERY SINGLE day so that's very good.
The thing is though they come out AFTER the day is over so I don't think you would know the short volume for the day you buy the stock so you would just have to go by the day before.
Here is the site and it lists the short volume for just July:
http://regsho.finra.org/regsho-July.html
Once you go there you click on "ORF" which is over the counter
The short info for GCKO for July 22 (the date you posted) is:
20100722|GCKO|6032615|13958606|O
As you can see the short volume is 6,032,615 which is almost half of the total volume.
That seems quite high but I don't know exactly how to read this and use it.
Can you please tell me or find out the best way to use this short volume info?
It can potentially be a very valuable tool .
Many Thanks
This place has been pretty quiet lately. I take it everyone else is finding it difficult to find a stock to get excited about?
ReplyDeleteYou've, hit the nail on the head Tim.
ReplyDeleteP, I actually don't check the short volume on penny stocks very much, but I should probably start. Thanks for the link.
Hi Card,
ReplyDeleteI was just wondering about your thoughts on MOPN. From the intial run up to $0.35 when you first posted it the price has continued to drop and now sits at $0.05 ... with the clean up of the BP spill not really even started where does MOPN sit in this whole situation? Reports are coming out saying that BP is looking at a "static kill" resulting in the spill being minimized and the focus turning to the environmental clean up. Any idea how this may affect MOPN after the intial shipment of goods that they saw over at the beginning of June? Any additional shipments coming up that may generate another pop in the share price?
Any information or thoughts you or any other poster can provide is always appreciated.
Thank You,
EM
Not sure why Tim. Maybe Card is on vacation but I'd like to hear his answer to my post on the reg sho list of short volume for all stocks and the impact it has on our trading.
ReplyDeleteCard, sorry about having too many lines in that post. I should've made more paragraphs but we can't edit posts here.
P, Card did post a response. It lamented the very same thing: that there aren't any stocks out there right now to get excited about, hence, the slowdown around here.
ReplyDeleteThe comment has disappeared, however.
EliManning, I think MOPN (the stock) is now dead. Penny stocks like this one that rocket higher because they have a product or service that address a national story don't have much staying power. Generally, the market cap gets much too high compared to what potential sales would be and the shorts just bleed it down. Although the country will be dealing with the effects of the oil spill for a long time, that fact carries no weight in a forward thinking market. BP's chart reversal back up starting in late June early July matches perfectly with the beginning of MOPN's slide. I don't think that's a coincidence. MOPN could bounce here or there, but for the most part I think the slide will continue.
ReplyDeleteCard, with your knowledge and instincts I'm sure you can figure out a good way to use that short volume info I gave you.
ReplyDeleteWhen you figure out the best way you think it should be used please let me know.
Thanks
What is going on with MSOA?!?
ReplyDeleteShip_It, hope you and Bighoper and whoever else got out before the MSOA collapse!
ReplyDeleteI don't know since I don't follow it but it's not good. Any thoughts Card?
P and Ship It, I haven't really followed MSOA that closely, but I think the first pop (when Bighoper first mentioned it) was purely technical. The last few days, the stock has seen some extremely high volume. Looks like dilution to me.
ReplyDeleteIf anyone's interested, JAZZ might not be a bad play the next week and a half as an FDA run-up play. There's a fairly low float and the chart is just beginning a new up trend. Could be good for 20-30%. $12 is my target for it.
ReplyDeleteCard and the rest, it looks like MSOA would've been a 100% gain on the bounce!
ReplyDeleteThey had news about an hour ago and it looks like that's helped althogh it was moving up before that.
Did anyone get in?
P, I've watched MSOA since bighoper mentioned it but never bought in. Everytime I thought it had reached its bottom, it went even lower. That action totally scared me off.
ReplyDeleteHopefully with the rebound, bighoper will come back to the blog. I've got some money to use but nothing out there looks good.
Card, ATWT is really moving and this could be just the beginning!
ReplyDeleteThey got a patent for a child safety device and more news is expecting this week with production and many sales coming soon!
They are talking PENNYLAND here or at least .005 this month or a lot sooner! What do you think of it?
P, ATWT has gained 5 straight days. It could go higher, but the risk of getting in now is a little too high for me after such a nice run.
ReplyDeleteI'm with Tim. I'm waiting it out for something good.
Does anybody have any thoughts on Skype's upcoming IPO?
Tim, I really like LQMT with their Apple news this morning (no press release, but in an 8-K). With the chart, it might be "perfect". I think it will go to a buck quickly!
ReplyDeleteNice, Card. I put an order in hoping to buy some shares if there is a tiny dip.
ReplyDeleteThe chart and news both look real promising. Did you get some shares?
Considering LQMT's low share count and it's new profile with Apple, this one could potentially be a "life changer". Maybe $3-$5 bucks is possible with the right momo and PR.
ReplyDeleteSee below for a nice read on LQMT:
http://www.macobserver.com/tmo/article/whats_up_with_apple_and_liquidmetal_technologies/
Card, I fear I missed LQMT by 10 minutes, no joke.
ReplyDeleteBy the time I got my calculator out and logged into my Schwab account, the price went from 60 cents to 72.
I don't want to chase.
Tim, I tried to get some at 50 cents, but they wouldn't fill me. So, I ended up getting it at 60 cents. I think I'll sell 75% at a buck and roll the dice with the other 25% just in case it goes ballistic over the next week or two.
ReplyDeleteBest of luck, Card. Looks like I missed out.
ReplyDeleteHonestly, I tried to buy within 10 minutes of your post but missed it. Don't think it's going to drop to me, and, even if it did, that would not be a good sign.
AEGY, chart looks really strong for a u shaped reversal. A break of 10 cents could send it to 15 cents in the next couple of days.
ReplyDeleteWell done, Card. I raised my limit price after the initial run hoping to buy some on the dip but missed the dip by a measly cent and a half so I missed out on the end of the day run as well.
ReplyDeleteWhat a monster stock. I looked into it a little more and saw that before yesterday's run up, shares were trading under 30 cents. A 300% run up in a day and a half is pretty impressive.
Tim, keep and eye on LQMT the next few days. It may consolidate in that 80 cents range. That could springboard it potentially much higher if it breaks the current 93 cent resistance. Just wait for it and be ready if it runs again.
ReplyDeleteAEGY is looking pretty good!
Will do, Card. Let me say, though, that this is where I struggle with technical analysis. I completely understand the concept of a breakout past resistance and how the stock could continue to run after that.
ReplyDeleteOn the other hand, I also see the benefit of trying to buy LQMT when it drops (which will likely happen given the monster run up the last 2 days) and getting good value since this seems like a company that could move higher over the next few weeks or months.
Is the difference between the two perspectives merely that the first is a short term strategy and the latter is long term and that the techniques for making the two plays is completely different?
Tim, I think it is more a question of risk tolerance. If you are really confident that a stock will definitely move higher, buying the dips is a good strategy. Of course the reward is greater, but so is the risk if it doesn't work out. However, if you wait for it to breakout, the reward is less, but so is the risk.
ReplyDeleteI love LQMT's story and the strong trading today is very encouraging despite it being down, but I'm still a little leery of the gap between 32 and 35 cents that's yet to be filled. However, there's a good chance it never gets that low again. I sold this morning at the open for 93 cents because I felt I was getting greedy. My risk tolerance says for me to buy it again at 95 cents or 32 cents. You just have to do what you're comfortable with.
I appreciate your response, Card. Very well explained.
ReplyDeleteThe dichotomy of acceptable buying points for you is interesting as Hell, honestly. But I totally understand it.
Looking at the chart, it looks to me like LQMT is going higher, and you will get your opportunity to buy more at 95 cents. Looks to me like a bullish pennant, no?
Tim, I'm back in, but I didn't buy nearly as much as I did the first time. Here's my strategy:
ReplyDelete- If LQMT does a PR this afternoon or tomorrow and it gaps big, I'll sell at the open
- If no PR, I'm making this a long term hold, and won't lock in profits until $1.50. Then I'll re-evaluate
- If it starts to tank, I'll wait it out and won't sell unless it dips below 75 cents.
Card and Tim, if you were able to get in MSOA at .0003 I don't think you can lose. Shares are hard to come by and it appears the float is mostly locked up.
ReplyDeleteEven a small uptick will result in large gains and there is always the chance of a multi bagger!
I REALLY doubt MSOA will drop to .0001/.0002 so you can't lose if you got in at .0003. I had an order sitting quite a while to get filled at .0003 even when then ask is at .0003!
If Bighoper were here I bet he'd like it!
GLOI is my prediction for today's monster stock.
ReplyDeleteCard, don't you think GLOI will hit and break its HOD of 3.07 either later today or tomorrow at open? After all we are only half hour into the market.
ReplyDeleteSince you call it a monster how high do you think it can go by today or tomorrow? We should be safe holding it overnight right?
Many thanks
P, GLOI started so well, but now it keeps getting bid-wacked to death. I jumped in right at the open at $2.45 hoping for 4 bucks. I've already sold it, because I wanted to keep whatever minimal profit I had. It could recover, but didn't like the action.
ReplyDeleteTim, did you ever buy LQMT? If so what price did you get? It is flat out phenomenal! Maybe I wasn't too far off when I said it had "life changer" potential.
I think QSGIQ hits at least 30 cents from here.
ReplyDeleteCard, I was away from my computer for much of yesterday so I put in a limit order of 71 cents. It only dipped to 72, so I've missed this run.
ReplyDeleteUNBELIEVABLE.
Tim, my $1.50's hit, so I'm out of it. I think at this point, LQMT desperately needs a breather with a healthy retrace.
ReplyDeleteCongratulations, Card. That's two really profitable trades for you in two days with the same exact stock. Very impressive.
ReplyDeleteI hate that I missed AFYG yesterday. That was an obvious chart play.
ReplyDeleteCard, it looks like LQMT might be going through it's healthy retrace: the volume on the way down is lighter than the volume of the way up. Does that tell you anything about a potential reversal?
ReplyDeleteHi All. Like the blog. Check out AEGY today.
ReplyDeleteRgds. AJUK.
Card and everyone else, EXSA is going to have huge news PLUS promotion coming up. A 5 to 10 bagger is a definite possibility.
ReplyDeleteIf you have available funds you should try to get in before close because I expect it to gap up Monday morning and next week should be a huge week for it! You may even want to make funds available and even get a small position since you can't lose here!
Card, please let me know what you think.
GLTY all!
P, where are you finding the info. about EXSA?
ReplyDeleteCounting on the news to be positive over the weekend makes me a little shy since there's nothing I can do to protect myself until Monday morning.
Not being argumentative, just want to dig a little deeper because you've provided solid picks in the past.
Tim, I've been away for much of the day. LQMT could actual retrace all the way to 30-40 cent range and still be considered in an uptrend. I'm predicting at least one more day like today before it comes back.
ReplyDeleteP, I just saw your post on EXSA. I'll have to check it out this weekend.
P, EXSA looks like a stock that has tried repeatedly to take off the last couple of days but just couldn't run wild. What is the news you expect to finally launch it?
ReplyDeleteIt does look like a gapper, with or without news, on Monday, as you predicted.
With regards to EXSA, the 5 to 10 bagger may be a little bit further down the line such as by September/fall where .10 to .20 is possible.
ReplyDeleteBut by next week we're still looking at anywhere from .03 to .05 which is a VERY nice gain, around 100% or more if you got in today under .02. Of course going higher is still possible. Breaking the 52 wk. high of .048 is the key.
Back in June Freedom Grill completed a reverse merger with Exosphere Aircraft and they're coming out with a new grill design, the Freedom Grill which is a portable grill designed for tailgating but can be taken with you and used anywhere. They are also planning infomercials and webcasts and are in collaborative discussions with 2 major retailers in the beer industry! They are also doing a lot of promotion with NASCAR.
That may not sound THAT exciting but the the float is relatively low at 54 million and even better is 80% is held by insiders! I know of someone who did some indepth research there and there will be NO dilution anytime soon.
So, it could fly and be and amazing and break the 52 wk. high of .048 or it may just stall around .03. BUT if you got in under .02 today you CAN'T LOSE!!
Keep in mind even crappy stocks with NO news have become 10 baggers before so anything is possible!