Click below to feed the Fish and get good luck!!!

Friday, March 28, 2014

New Trades - $DPW $GLOW, $SXLP

Here are my new trades...
  
DPW came out with earnings this morning..improved financials..losses were narrowed down, revenues up YoY, 3M float. They said they are planning to expand their capabilities by accelerating their development and release of even more advanced power products. Upcoming PRs about their new products should put the stock back at 2.50-3 area. Trading at close to 52 week high..Chart looks bullish..I am long.

GLOW - Low float Cloud Video Conferencing Tech Play. Chart looks good..heading higher

SXLP - Intial alert at $4, hit $8 in couple days..back to $4, ultra low float Cannabis play. I took profits in the first round and got back in at 4.50

Symbol
Entry Price
Price Target
SXLP
$4.50
$6.50+
DPW
$1.80
$3.50+
GLOW
$1.70
$3.50+

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Friday, March 21, 2014

$SXLP - 100% return in a single day !!! $MJMD is my new POT pick !!!

Congrats if you are able to get in SXLP yesterday on the open at $4..it hit high of $8, a 100% return in few hours..and closed around $7.50..thanks to @super_trades for this amazing pick - I am still long this stock and am expecting big moves in coming sessions...of course nothing goes up straight and nothing goes down forever in stock market!

Here is my new Medical Marjuana pick for today, 03/21 -On March 14, 2014, MJMD MediJane Holdings Inc entered into a License Agreement with Phoenix Bio Pharmaceuticals Corporation (“Phoenix Bio Pharm”).

Pursuant to the License Agreement, Phoenix Bio Pharm has granted to the Company an exclusive license for the territory of North America to exploit all presently owned and after-acquired intellectual property rights and know-how of Phoenix Bio Pharm related to certain medical cannabis  products and delivery systems for the treatment and management of illnesses. Products falling under the license will include the following medicinal cannabis products: transdermal patches, orally administered extracts, concentrated extracts for vaporisers and inhalers, sublingual and buccal dispensing products and extraction technology, suppository delivery systems, salves, creams, gels, lotions, and liquid extracts, and any products or active ingredients sources through Phoenix Bio Pharm affiliates or third party suppliers or licensors.

The Company will also have the right to sublicense the rights acquired pursuant to the License Agreement and to use and develop copyrighted materials of Phoenix Bio Pharm for marketing and distribution purposes.

In consideration of the acquired license, the Company issued 26,000,000 shares of its common stock to Phoenix Bio Pharm. These shares were issued pursuant to an exemption from registration relying on the exemption from registration provided for under Rule 506 of Regulation D, promulgated under the United States Securities Act of 1933, as amended.

According to Yahoo Finance the float of this stock is 18 Million which is considered very small compared to other stocks that newly entered this space. Of course stocks like ZDPY SXLP are exceptions when it comes share structure.

My Personal Target on MJMD is $2.50 - $3.50! This is a OTC stock with High Risk and High Reward possibility. I don't recommend if you are new to trading and someone who can't monitor its price action..I am long this stock at $1.40 average price with downside stop at $1 and upside PT of $2.50 - $3.50

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Thursday, March 20, 2014

$SXLP Is The New Beast in Town !!! $CRMB $GLOW $LPATH and more...

If you are a active trader and are familiar with Medical Cannabis stocks that have been in buzz recently then you must have seen my tweet alerts on MNTR at around $1.75 and it hit $8 recently....I called $ATTBF another POT play at .44 last week and it hit $2.50 today !!! ZDPY alert went out to my followers on twitter at $2.75 and within a month and half it hit 52 week high of $28 !!! Now Superman @super_trades on twitter just found this HOT POT stock right before the bell..and it is SXLP - Signature Exploration and Production Corp entered into a definitive agreement (the "Agreement") with Mr. Craig Ellins for the acquisition of assets (the "Assets") to be used in the legal production and use of cannabis. In connection with the transaction described in Item 2.1, Craig Ellins gained control of the Company by virtue of his stock ownership in the Company. As stated in Item 2.1, Mr. Ellins acquired 4,500,000 shares of common stock on March 13, 2014, in exchange for the Assets described in Item 2.1. The share acquisition gave Mr. Ellins control of the Company by virtue of holding approximately 84% of its the voting capital. Mr. Ellins will become the Chairman and CEO of the Company. Prior to March 13, 2014, the Company was controlled by Mr. Steven Weldon and Screaming Reach Investments LLC by virtue of a combined 52% ownership of the common shares of the Company.

Craig Ellins served as vice Chairperson and board member for GrowLife Inc (PHOT) and help grew the company to $458 Million - He is now the major stake holder in this new Medical Marijuana company..

Read more about him here - http://growbloxsciences.com/marijuanabusinessleaders/ He is also President and Co Founder of the famous 10MileFarms an indoor planting company with revolutionary technology which involves the most advanced controlled-environment vertical indoor farming system available today. http://10milefarms.com/verticalfarmerexperts/

Watch this video to know what 10MileFarms does - https://www.youtube.com/watch?v=toNrr2vtnik

Here is the BEST PART - SXLP float is just 500K shares and I strongly believe this is going to be the next ZDPY. (DO NOT CHASE IT...THIS IS NOT AN INVESTMENT ADVICE AND OF COURSE NOT FOR WEAK HEARTS). MY PERSONAL TARGET ON  SXLP IS $10-$15 if it works. CRAIG ELLINS, 500K FLOAT,10MILEFARMS, HOT POT SECTOR SHOULD MOVE THIS STOCK AT A ROCKET SPEED TO UNPRECEDENTED LEVELS LIKE CANV CANN ZDPY etc

Here are some more stocks that I added to my watchlist today. I am long SXLP, CRMB, ICLD, GLOW, LPTH, CRMD, CRMD/WS.


 A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Monday, March 10, 2014

New Watchlist for 03-10-2014

Thanks to all those long time blog followers who are now following me on twitter @incredibletrade. I have got 4,000 followers in just about an year and that's is incredible! Blog statistics clearly tell that more people are interested in my blog than last year when the count was 200 vs 419 today !!!....hence I decided to spend some extra time in updating this blog as regularly as possible. I am spending more time finding picks and have very less time to write articles about them so I will be posting the picks that I like with less detail as shown below. In the future I will try to add couple columns explaining whether its a tech play or a theme play, market cap, float and other statistics etc..but for now this is what you will see.
 
A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Thursday, January 30, 2014

One of my Twitter followers made $100K in 8 Months with my help !!!

This is incredible guys...I don't know who that person is but I felt very happy when I came to know that he made $100K in 8 months with my help and @NerdElert another veteran trader who you should follow on Twitter.



A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence  before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Friday, January 10, 2014

462% Return in 2 Days - Real Deal $MNGA !!! and New Watchlist - $IMRS $IMUC $TIK $CRMD

Here is my alert to my Twitter @incredibletrade followers about $MNGA. I alerted them at .42 on 01/07 and it hit $2.36 yesterday...That's a return of 462% in just 2 days !!!!!!!!!!!!!



I sent several updates since I took the trade at .42 alerting the folks about its trend...I got lot of props from my followers as they made tons of money on this pick..here is one of those mentions I've got..



If you are a trader and want to get instant alerts then follow me on Twitter @incredibletrade. If you don't have an account then please create one and you will know how big of a difference it is going to make...

I also alerted $MRNA at .50 Yesterday and it hit .90 and then closed at .70 -- that's close to a 100% gainer in one day !!!

Coming to watch list - I alerted $IMRS at $1.70 right after this news hit the wires and the stock hit $2.24 yesterday and $2.36 this morning and then gave back most of its profits and settled down at 1.96. I got long yesterday at 1.70 and out around 2.20 yesterday. I bought it back under $2 today and will add more on any pull back. This is on my CONVICTION BUY LIST

This is what I like in the PR they released on 01/07 - "The top neurosurgical hospitals are making the IMRIS solution their standard of care and not only increasing the number of procedures completed in the suite," Miller added, "but also expanding the types of applications and conditions other than various brain tumors, such as epilepsy, Parkinson's disease, stroke intervention, aneurysm, and Chiari malformation, and other neurological procedures using deep brain stimulation, ablation and other technologies with iMR. Also, the recent addition of VISIUS iCT expands our solution into spinal conditions, trauma and intricate reconstructions."

I want to give more details on IMRS but unfortunately I do not have time to put it in the blog at this time but please have a look at this SA article which were very well written in the last month. My price target is $5-$6 in 2014...it has potential to go parabolic like $STXS which I alerted at $2 and hit $10 within weeks...

My other holdings include - ABCD, CASM, CRMD+, DRIO, EONC, FSPM, GV, HRT, IMRS, IMUC, LBIX, LIME, ORBT, RIBTW, RITTW, TIK

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence  before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Tuesday, December 24, 2013

New Trade - $LBMH

My new trade is $LBMHLiberator Medical Supply, Inc. is one of America's fastest growing, leading national providers of direct to consumer medical supplies, with a prime focus on sterile urinary catheters and urological supplies.

Why Buy? -
  
  1. Excellent Results - Click here
  2. Newly Listed on NYSE - More visibility and more transperncy
  3. Key Stats - Click here
  4.  IR Presentation - More information on potential for their markets
  5. Chart - Above 40, 200 DMA and 4 EMA with RSI around 68 - Click here
This is a newly listed stock on NYSE and very few people noticed it until now. I guess there will be articles coming on $LBMH by Seeking Alplha and other analysts. I always love to be ahead of the crowd and hence got some in around $4.17 last night and might add more on a pull back. My PT is $6- $8 with downside risk of $3.75

Other Stocks to watch: $HRT $IMUC $SUPN $HDSN $CAMT $CRMD $RIBT

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence  before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Friday, December 20, 2013

Re-entered $HRT at 3.45

Insider bought 10K shares recently click here. Low float..has history of ripping higher on news...

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence  before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Wednesday, December 18, 2013

New Watchlist - $DRAM Going To Double - Congrats on $MEIL - Long $WPCS

Hey Guys,  Congrats if you are long MEIL, our incredible pick on 12/10, click here. We alerted when it was at $2.38 and it hit $5.50 today!!! Also Congrats if you are long $PTIX which we alerted around $1.89 and at several prices in the last few months...couple days back the company was bought by Sonus Networks for $3.75 !!! There were many other winning picks recently and stay tuned for more to come...

Here is our new pick for coming sessions.....

Dataram Corporation (DRAM) - an independent memory manufacturer, develops, manufactures, and markets large capacity memory products primarily used in high performance network servers and workstations worldwide. It provides customized memory solutions for original equipment manufacturers (OEMs) and compatible memory for various brands, including Dell, HP, IBM, and Sun Microsystems.

Why Buy?

Partnership with AMD! -AMD and Dataram have worked together to significantly enhance the dynamic background load-and-save feature in order to create a seamless, non-volatile RAMDisk experience,” said Jason Caulkins, CTO, Dataram. “This underscores AMD and Dataram’s continued dedication to delivering the highest-performing memory products for PC enthusiasts.” Click here for more

2nd Quarter Financial Results: Dataram Continues to Trim Losses as It Reports Fiscal 2014 Second Quarter Financial Results. This is about the future that the company is promising its shareholders. At the current rate of cost reduction and sales expansion I think the stock has potential to double in 2014. Here is what John H. Freeman, Dataram’s president and CEO had to say about 2nd Quarter, “The Company continues to execute its plan of cost reduction and sales expansion. The six percent sales increase over the same quarter of last year and slight increase over the previous quarter of this year is a result of our product expansion, increased sales of Advanced Micro Devices ('AMD') Radeon Memory products and growth in our AMD relationship. We continue to work to expand the number of outlets for our AMD Radeon branded consumer and server memory in addition to exposing more gamers to our AMD Radeon RAMDisk.

Float: Here is the fun part !!! 1.4 million shares in float and that's one of the major forces for the stock to rip higher when the momentum begins.

Besides above factors chart is also looking good with above 50, 200 DMA and 4 EMA, RSI at 58 (not overbought) levels...

Bottomline - Taking CEO comments, future growth, sales expansion, and last but not least the tiny FLOAT into consideration I think DRAM has potential to more double in 2014 !!! I am long.

Other potential play for today is WPCS -  There was whole lot of drama with this stock after hours after it announced that they aquired a start up Bitcoin Trading Software company based in NY. Stock rallied from 3.20 to $5+ after hours and gave back all the profits and ended in red. People were suspecting that the drop was due to sell off fearing a dilution but 8K states "To acquire BTX, the Company entered into a securities purchase agreement (the Purchase Agreement) with certain investors in which WPCS sold 2,348 shares of a newly designated Series E Preferred Stock (the Preferred Stock) and warrants to purchase up to 1,500,000 shares of its common stock (the Warrants), for 100% of the membership interests of BTX. Each share of Preferred Stock has a stated value of $1,000 and is convertible into shares of the Company's common stock equal to the stated value (and all accrued but unpaid dividends) divided by the conversion price of $3.50 per share. The Preferred Stock accrues dividends at a rate of 12% per annum, payable quarterly in arrears. The Warrants have an exercise price of $5.00 per share. "

So if the management releases a PR and clarify that there is no dilution upon this acquisition then stock will rip higher....I am expecting it to hit $5+ IF IF IF there is no dilution...if there is...then we will see...

That's it for now guys...

Happy Trading!

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. Do your due dilligence  before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!! 

Friday, December 13, 2013

New Watchlist - $KFX $MATR $INFU $DSKX $CRDS $DLHC $MEIL $CRMD $CRDS $GNVC $CNDO

Congrats to those who made money on MEIL which was alerted at 2.50 and hit $3.35 the same day...close to 25% return...and CRDS alerted at $1.90 and it hit $2.66 the next day...40% return and HRT from 3.95 to 4.79 the same day as predicted in my previous newsletter !!!

Here are my new and some old picks on my watchlist.

KFX - This is my favorite trader @super_trades pick :) Kofax Capture provides industry-leading scan-to-archive capabilities by scanning documents and forms to create digital images, extracting index data for retrieval purposes and delivering the images and associated data to a variety of repositories and applications.

KFX just  IPO'd 2,000,000 shares of common stock at a price to the public of $5.85 per share and started trading on Nasdaq since 12/05. We don't know how low the float is so there are high chances of stock ripping higher upon a positive PR and once active traders notice it. I am long.

MATR - Mattersight’s "big data" analytics are based on millions of proprietary algorithms and the application of unique behavioral models. The company's SaaS+ delivery model combines analytics in the cloud with deep customer partnerships to drive significant business value...

Why Buy - Big Data is hot and MATR is getting noticed by big guys. Today Goldman Capital Management revealed upping its stake to 6.3%, click here for the news. Float is 8M shares and the chart looks good (above its 50, 200 dma and 4ema, RSI at 52 so not overbought. I am long.
Pivot Points -
Pivot Point 4.63, Res1 4.77, Res2 4.88, Res3 5.02 - Sup1 4.52, Sup2 4.38, Sup3 4.27
My Price Target is $6-$8 - SA Article Mattersight Is Ready To Be The Next Big Data Darling - Click here

INFU - InfuSystem Holdings, Inc., through its subsidiaries, provides infusion pumps and related services in the United States and Canada

Why Buy - INFU is trading at 52 week high and poised for a huge breakout. I like their key stats, click here and the chart looks strong...above 50, 200 dma, and 4 ema with RSI 74. Also couple SA articles  has more details. I would suggest reading them. I am long and might add on a pullback.
Pivot Points -
Pivot Point 2.11, Res1 2.21, Res2 2.27, Res3 2.37- Sup1 2.05, Sup2 1.95, Sup3 1.89
My Price Target is $4-$5 SA article InfuSystem: MBO Off, But Value Remains - Click here

CRDS - 4Q results were out this evening and they are as per expectations. Click here for results and here for the CC Transcript. It's all about the future growth. Price Targets remain the same as mentioned in my previous blog.

DLHC - Volume and price breakout. Low float stock..could hit $2+ if the same momo continues. No position. Downside risk 1.35 and Upside Potential is $3.50-$3

DSKX - Nice price action and chart setup...Could hit $3.50 if the same momo continues. Downside risk 1.90 - 2 and Upside Potential is $3.50 - $4. I am long and might add on a pullback

MEIL - High chances of crossing $3 and consolidating between 3 and 3.50 before the next leg up. The recent acquisition is the key. Another low float crack stock that has potential to surprise !!! I am long at 2.40 and took some off around 3.25 and other prices...but might if it goes back to initial entry price.

CRMD - News about its first sales of Neutrolin in the EU moved the stock. I got in at .84 and sold majority at .89 and some at .81..on watch

GNVC - Stock ripped higher after the National Institutes of Health's Recombinant DNA Advisory Committee (RAC) unanimously approved the protocol for initiation of a Phase 1 study of CGF166, an adenoviral vector engineered to express the human atonal gene, in patients with severe hearing loss. ON WATCH as volume and price action suggests to take the trade on a pull back...this will be a swing trade.

CNDO - After hours news about its Potential Benefits of TSO Immunotherapy in First 5 Patients ripped the stock higher. I got in at 1.85 or so and 3/4th of my position between 2.04 and 2.25. I might re-enter depending on the trend...this is a stock worth adding to your watchlist..

That's it for now guys...Have a great trading day !!!

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Tuesday, December 10, 2013

2 Stocks to jump at least 25 - 30% before Christmas !!! $MEIL and $HRT

Congrats to those who got in $CRDS at 1.90 on my alert yesterday! You would have made 25% if you bought it in the pre-market and sold it during regular hours at $2.40!!!

Here are my new picks...

Pick # 1 - MEIL - Methes Energies International Ltd., through its subsidiaries, designs and installs biodiesel processing systems under the Denami 600 and Denami 3000 brands. It also produces and distributes biodiesel in North America. Methes Energies is developing cutting-edge biodiesel processors, pre-treatment systems, as well as other solutions that address real and specific biodiesel production challenges. While the North American demand for biodiesel is sizeable, we are positioned for a global expansion with a focus on Europe, South America, Africa and Asia, where the need for biodiesel is increasing. At Methes Energies, our focus is to become the leading developer, marketer, manufacturer and service provider of compact continuous flow biodiesel processors, processor systems, training, maintenance and related biodiesel services.

Click here to view their facility 

 Why Buy Now? 

Global Demand: The global biofuels market is currently valued at around $90 billion. [2] High crude oil prices, government mandates on the use of biofuels due to increased focus on reducing carbon emissions as well as improving energy security, and technology advancements driving cost reductions are some of the key factors driving the rapid growth in the biofuels market..click here for more information on demand for Biodiesel markets.

MEIL is a thinly traded small cap stock with 4.9 million shares in float. It's 3 month average volume is 6,800 shares but today it traded about 15 times of its average volume on the news that it signed Letter of Intent to acquire the assets of OTC Energy Technologies Inc. Click here

Here is what both CEOs had to say about this transaction

John Loewen, Vice President of Operations at Methes Energies said, "We are first and foremost a technology company, and we are proud to be adding to our portfolio this way. We are excited about the opportunity to offer a smaller solution to people that don't have the $100's of millions typically associated which such projects. What we've seen at their small scale facility is truly amazing, and our goal is to quickly package and deploy turn-key solutions similar to our biodiesel processors. We look forward to the completion of this transaction which we expect will bring substantial revenues and in turn create significant value for our shareholders."

Paul Goodrow, President of OTC Energy Technologies Inc. continued, "What attracted us to Methes was their proven ability to turn innovative process designs into working, efficient production plants. We believe that the OTC technology has the potential to be a low cost producer of renewable and alternative fuels. And we believe that smaller, modular plants and low costs are not mutually exclusive. We anticipate that our hydrocarbon fuels will be cost competitive with, and will prove to be an acceptable replacement for crude oil derived transportation fuels. We look forward to working with Methes to rollout what we think will be a game changing business model."

This news was overlooked by many players today and as usual I got lucky to get in the trade ahead of the crowd. Stock was sold out for various reasons in the past and it formed a nice base between $2.50 and $3 in the last couple months. It tried to breach $3 level today but failed. I think once it gets more
exposed to trader community it will not stay at these levels for long. Today's news is a game changer for MEIL and I think it has potential to hit $6 -$7 next year (post acquisition) and in short term it has potential to hit $3.50 - $4.

Read Wall Street CheatSheet article about MEIL

I am long MEIL around 2.40 and might accumulate more if it drops.

Pick # 2 - HRT: Arrhythmia Research Technology Inc engages in the development and distribution of signal-averaged electrocardiographic software under the Predictor brand name. Its Predictor software is used in research and clinical environments to diagnose the risk of certain heart arrhythmias.

 For more information please check their websites:
http://www.arthrt.com
http://www.micronproducts.com (subsidiary of HRT)


This is another thinly traded small cap stock with 2.1 million shares in float. It has been on my watch for long time and I traded it between 2.50 and 3.50 at several points where it hit 52 week high. It just touched its 52 week high on relatively high volume compared to its 3 month average volume and has very high chances of breaking out here and hitting $5 in short period.

HRT 3rd Quarter results were so-so but the upbeat in CEO confidence is what attracted me more towards this stock.

Salvatore Emma, Jr., the Company's President and CEO, commented, "The Company has a significant opportunity for revenue growth from sales of orthopedic implant components. Shipments of these components increased dramatically in the third quarter, and further increases are expected in the fourth quarter and into 2014. The Company will continue to dedicate its financial resources to increase its production capabilities while targeting new leads in this multi-billion dollar market. The market for orthopedic implants is growing rapidly worldwide and the company has unique expertise in quick-turn patient specific implant components. 

"During the third quarter, the Company also realized increases in its custom injection molding business. These increases are due to strong demand in medical, defense, and automotive markets. Plastic injection molded products sales have increased with the launch of new customer programs in the second half of the year. The Company also expects to see growth in the fourth quarter of 2013 and into 2014. The company has also started to manufacture and ship components used by law enforcement and military which hold excellent potential for growth in the less-than-lethal ammunition market.

"The Company is working on opportunities to regain market share in sensor products. Significant improvements in process, quality, service, and product performance have started to yield positive results. Increases in sensor volume are expected in the fourth quarter and into 2014 due to a steady increase in global demand as well as new programs with existing customers. The Company will continue its investments in research and development of new sensor technology."

I am long HRT with PT of $5- $6 very soon and $8 - $10 next year!

 A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Monday, December 9, 2013

$CRDS - A Potential Multibagger - Others $BLIN, $CHYR, $DYNT, $ETAK, $INFU, $OPTT, $PTIX, $RITTW, $TRIT, $VIDE, $VSCI, $WPCS

CRDS - Crossroads Systems, Inc. provides data protection solutions and services worldwide. It develops and markets products that offer online access to data archives through tape-based archive storage solutions for businesses. They have 5 core assets, those are: their newest product, StrongBox, OEM products: SPHiNX and RVA; our net operating losses; our '972 patent portfolio; and 108 other patents referred to as non-'972 patent portfolio.

Market Potential: According to management comments in 3Q CC, StrongBox solves real and increasing pain for a multibillion-dollar market. Their early successes in different market segments have validated customer demand and provided valuable customer feedback. Based on positive market response, the adoption of StrongBox into their partners' core solution sets and their unique product positioning, Management believes the industry is beginning to acknowledge their value proposition.

They have impressive wins and repeat business from customers, such as Jet Propulsion Labs, industry leaders like Hitachi Data Systems, Fujifilm, ViON, Mainline and Iron Mountain have all recognized our market opportunity.

Little background on their 3rd Quarter: For the third quarter, revenue totaled $2.8 million. This represents a decrease of 21% or $700,000 from the same quarter a year ago. The decrease is attributable to a one-time deal with a large RVA customer in 2012, and declines in Iron Mountain custom development revenue. Gross margin percentages remain consistent year-over-year at 75%. cash balance of $9.9 million, compared to $6 million at the end of Q2. They received a net amount of $7 million in July from our Fortress financing after subtracting expenses and repaying our debt to Silicon Valley Bank.

CRDS saw some positive trends in the third quarter. Revenue from StrongBox unit sales and strategic partners was up, although modestly. Expenses were down quarter-over-quarter and we instituted significant cost controls that should lead to a further 25% reduction in operating expenses in fiscal 2014. So they are trying to improve their top lines through sales and strategic partners and bottom line by significant cost control.

Why Buy Now? Crossroads can be multifaceted play 1. Big Data 2. Patent Infringement 3. Network Storage (LTFS)

Big Data: The Crossroads StrongBox® addresses these concerns with an integrated, intelligent Big Data solution that combines StrongBox with $IBM tape libraries and tape drives which support the open standard Linear Tape File System (LTFS). Click here to read more about its potential

Patent Infringement: Crossroads Systems Files Patent Infringement Suits against all big names like Oracle, Tandberg, Dell, and Huawei. Speculators LOVE IP plays, SPEX, VRNG, DSS, VHC etc...Click here for their PI info

Technicals: $CRDS built a strong base between $1.50 and $1.80 and with earnings on 12/12 it could lead to a HUGE breakout even if there is any news about their new IP cases or improved financials.

Insider Buying: There has been a HUGE buying by insiders recently. Click here

Net Operating Losses (NOL): Crossroads has accumulated a $116 million NOL, or net operating loss, which can be used to offset taxes on our future profits.

Huge headcount reduction as part of cost control

Positive Comments form the CEO in 3rd Quarter Conference Call: We will be carefully managing expenses in order to sustain a cost structure that gives us as much time as possible to implement our plans and we're reviewing our IP strategy and should have some news to share in the next 45 days. We strongly believe that patient investors will be amply rewarded.

Other stocks on watch: $PLUG $BLDP $UQM (Fuel Cell/EV stocks..ripped higher and are due for a pull back..$XRSC back on watch list at these levels. I might initiate a position when the price is appropriate. I am long $BLIN, $CHYR, $DYNT, $ETAK, $INFU, $OPTT, $PTIX, $RITTW, $TRIT, $VIDE, $VSCI, $WPCS and a bunch of OPTIONS !!!

Bottomline: After reading into the 3rd quarter report and the tone of the management, I think there is a huge room for CRDS to move higher. From a tech standpoint Chart looks bullish and I think it should hit $2.25 to $2.40 before earnings and have a fresh breakout upon earnings if there are no unpleasant surprises (which I am not expecting).

Disclosure: Added more at 1.90 on Friday to my existing position and my average is around $1.50. My initial alert is at $1.08 on Twitter and it hit $2.08 and then pulled back, consolidated and is poised for new breakouts...

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Sunday, August 11, 2013

$PTIX Stock Price Going Double Soon !!!

PTIX - Performance Technologies, Incorporated provides network communications solutions worldwide. Its products include SEGway diameter and SS7 signaling solutions, a combination of software suite and carrier-grade hardware platform that provides integrated signaling and routing capabilities and applications for 4G LTE and IMS telecommunications networks; and IPnexus multi-protocol gateways and servers, which enable a range of IP-interworking in data acquisition, sensor, radar, and control applications for aviation, weather, and other infrastructure networks. The company sells SEGway diameter and SS7 signaling systems to carriers and service providers; and IPnexus multi-protocol gateways and servers to the government aerospace/defense market. Performance Technologies, Incorporated markets its SEGway diameter and SS7 signaling solutions through channel partners and direct sales.

Why Buy PTIX?
According to the new Tekelec LTE Diameter Signaling Index™, Diameter signaling traffic growth will more than triple mobile data traffic growth through 2016.1 Tekelec forecasts Diameter Messages per Second (MPS) to increase to 47 million Diameter MPS by 2016, representing a compound annual growth rate (CAGR) of 252% between 2011 and 2016. PTIX is in the HOT space where there are only 3 providers including Oracle and Wowway serving the clients. Read more here

Here is what CEO had to say about 2nd Quarter and the demand for their products in general - 
"Following our 19% sequential revenue growth in the first quarter, we are pleased to report 13% sequential quarterly revenue growth in the second quarter and GAAP profitability," said John Slusser, president and chief executive officer. "We also continue to be gratified by the level of market activity we are seeing associated with our overall SEGway® Signaling Systems portfolio for both Diameter and SS7 signaling. Making a strong push into the Diameter Signaling market is our key 2013 initiative and during the quarter we added new Diameter customers, expanded the breadth of our Diameter solution set and filled several important sales and marketing positions." LISTEN TO CC HERE http://dialogueconferencing.pqm.net/client/pt/event/731/en/

Tekelec leader in Diameter Signaling and SS7 signaling solutions was bought by Oracle this March and according to some analysts Oracle is almost certainly paying a premium on Tekelec’s previous selling price of $780million, the amount Tekelec fetched last year.

This acquisition could be a wake-up call to both Oracle’s telecom-focused competitors such as PTIX as well as its IT-focused competitors and PTIX could be a potential TAKEOVER target by companies like SAS (My gut feeling!).

Stock Price closed at $2.20 (It had a heck of a run and hit $3.97 after I tweeted @incredibletrade at 1.85 !!!) PTIX earned .16 in 2nd quarter and if you assume the same growth through the year and throw a PE of 20, then it should be trading at $3.60 (without pricing in any type of hype). It was poked on Friday and caught the attention of big players...now they do not just let it die after listening to this CC http://dialogueconferencing.pqm.net/client/pt/event/731/en/ If you want to invest in PTIX then listen to it!!!

I am long PTIX and might add on every dip.. My Price Target is $6-$10 in an year.

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Wednesday, July 24, 2013

12 U.S. IPOs Planned For The Week Of July 22 - $HTBX, $ICEL, $LIQD on close watch


Click here for more details about the new IPOs

http://seekingalpha.com/article/1563612-12-u-s-ipos-planned-for-the-week-of-july-22?source=email_investing_ideas&ifp=0

Out of all those new issues I have HTBX, ICEL, LIQD on close watch.

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Monday, July 22, 2013

$XGTI has potential to double !!!

We rarely find stocks that move quickly once they are explored by the market. I try to find the momentum before it happens...$CIMT, $TRT, $XRSC, $LPTH, $BEAT and many others proved so far. I have found another stock with huge upside in coming sessions...and that is XG Technology, XGTI which IPO'd 1 million shares (float) at $5.50/share. This is in a sexy area, patented cognitive radio technologies, where there is lack of competition..

What is cognitive radio technology?  A cognitive radio is an intelligent radio that can be programmed and configured dynamically. Its' transceiver is designed to use the best wireless channels in its vicinity. Such a radio automatically detects available channels in wireless spectrum, then accordingly changes its transmission or reception parameters to allow more concurrent wireless communications in a given spectrum band at one location. This process is a form of dynamic spectrum management.

Why buy?
  1. Lack of competition
  2. More than $100 m worth of orders in pipeline
  3. Demand vs Capacity - Global Mobile Data traffic will increase 18 times from 2011 to 2016, 50% CAGR by 2018
  4. Click here to read their presentation
  5. xG Technology logs orders, projects Q2 product delivery - Click here for more info
  6. How XG helps resolve wireless spectrum issues - Click here
  7. Other industry related news - Can the Wireless Industry Change Its Mindset Before It's Too Late? - Click here
This is going to be a life time opportunity to be invested in a company like XGTI which is in hot sector with monster growth ahead...1 million shares float is what I love more than anything about this stock LOL!

Some stats:
Shares o/s (post-offering): 10.7M
Float: ~1.3M
Warrants: ~670k
Backlog: ~$35M
Pipeline:  >$100M
US Patents:  64 (44 issued, 20 pending)
Foreign Patents:  142 (66 issued, 76 pending)

Some more information from investorhub about XGTI - http://investorshub.advfn.com/XG-Technology-Inc-XGTI-26912/s

Disclaimer: I am long at $5.58

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Friday, July 19, 2013

New Watchlist - 300% upside in just one day !!! $OCRX $ANIP $EONC $MTSL $TAIT $ACW $SPEX $WPCS

Firs of all let me tell you that you would have made 300% on my OCRX alert had you followed me on Twitter @incredibletrade. You can't believe it? Here it is...

I got OCRX on my scan of reverse split stocks and immediately alerted followers at $6.50. I entered at $7.20. The stock had an insane run between second  half of yesterday and first half of today. I got out at various prices starting from $7.80 to $13. It hit $17.50 high of the day and dropped to $11.50 at the close (close to 100% gain even after collapse from its highs). Not that all stocks go up like OCRX but its worth tracking folks who are known for giving some INCREDIBLE picks for FREE !!!

Here is our list for tomorrow - 

ANIP - This is going to be another OCRX provided the momentum continues tomorrow. BioSante Pharmaceuticals and ANI Pharmaceuticals Announce Completion of Merger and Reverse Split of its shares. Read more about the merger here. Thank @super_trades if this issue explodes like OCRX since he is the one who alerted it initially !!!
  • Float is going to be close to 4 million shares post reverse split
  • Strong balance sheet with over $10 million in cash and no debt
  • Expected continued growth in annual ANI-labeled prescription revenues
  • Near-term generic product development pipeline that addresses an annual market size of approximately $760 million
I am long at $7.20 with downside risk of $6 and upside target of $12 like OCRX if momentum continues. Looking at time & sales of price activity today I think there is upside for this stock. Since this is a new issue DO YOUR OWN DD.

Other stocks with potential to move in coming sessions - EONC MTSL TAIT ACW SPEX WPCS 
XGTI  (new listing on nasdaq, 1 mm float...will be watching closely) CXM (new RS play)

Our previous picks XRSC, LPTH, TRT, BEAT, PXLW made INCREDIBLE money !!!

For instant picks (stocks/options) please follow me on Twitter @incredibletrade

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Tuesday, July 2, 2013

New Watchlist - AETI, LPTH, MTSL, TRT

AETI - American Electric Technologies, Inc. provides power delivery solutions to the energy industry in the United States and internationally. It operates in three segments: Technical Products and Services (TP&S), Electrical and Instrumentation Construction (E&I), and American Access Technologies (AAT) Read more here

Why Buy? AETI Announces 395% Increase in First Quarter Net Income. First Quarter Earnings Per Share of $0.18. On annualized basis the stock price should be trading at $10.80 (.18 EPS * 4 Qs * PE of 15). Not much reading required when you look into the numbers. Read more here. Besides strong fundamentals, technical signs also suggest that this stock is poised for big jump from where it is now.
  • Above its 20, 50 and 100 day moving averages
  • 18 new highs and up 21.61% in the last month
  • Relative Strength index 74.89%
  • Click here for the chart
Oh BTW, the float is 4.1 million shares as per yahoo finance click here. I am in at 7.13 with upside price target of $12 and downside $6.75

LPTH - Our old pick moved up nicely 15% after consolidating in $1.30 area. Now the stock set for a big move. Anyone that is noticing its L2, Time & Sales can easily tell that there is a strong bid at every down tick. I think we will see $2s very soon. Be patient. XRSC did the same, and so did RVLT. Chart looks sexy, 14 Day RSI at 70% should put us at 1.5 and RSI 80 + should put us at 1.80 - 2.25

MTSL - Old pick moved after I tweeted at $1.60. It jumped to $1.89. I got in around 1.65 and scalped it for .20 !!! This stock might gain momentum again and incredibly cheap around $1.50 area...so I would go long between 1.50 and 1.70.

TRT - Turnaround story, Bullish comments from CEO, Low float 2.29 mm shares, in hot sector. This is a sleeping cell and one huge buy or a news item can lit the fire !!! Upside $ 4-5 depending on the news, downside 2.85. I bought it at 2.74 and took some profits around 3.20 area.

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Monday, June 17, 2013

6 US IPOs planned for the week of Jun 17

Some of my Twitter followers already got this information but this article is for my blog subscribers who do no have Twitter accounts.

Aratana Therapeutics ( PETX ), which is developing medications for cats and dogs based on therapies for humans, plans to raise $51 million by offering 4.3 million shares at a price range of $11.00 to $13.00. At the midpoint of the proposed range, Aratana Therapeutics would command a market value of $217 million. Aratana Therapeutics was founded in 2010. The Kansas City, KS-based company plans to list on the NASDAQ under the symbol PETX. Stifel and Lazard Capital Markets are the joint bookrunners on the deal. 

bluebird bio ( BLUE ), which is developing gene therapies for severe genetic and orphan diseases, plans to raise $75 million by offering 5.0 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, bluebird bio would command a market value of $374 million. bluebird bio, which was founded in 1992, booked $1 million in sales over the last 12 months. The Cambridge, MA-based company plans to list on the NASDAQ under the symbol BLUE. J.P. Morgan and BofA Merrill Lynch are the joint bookrunners on the deal. 

Gogo ( GOGO ), the leading provider of in-flight WiFi on commercial and business jets, plans to raise $176 million by offering 11.0 million shares at a price range of $15.00 to $17.00. At the midpoint of the proposed range, Gogo would command a market value of $1.4 billion. Gogo, which was founded in 1991, booked $250 million in sales over the last 12 months. The Itasca, IL-based company plans to list on the NASDAQ under the symbol GOGO. Morgan Stanley, J.P. Morgan and UBS Investment Bank are the joint bookrunners on the deal. 

PTC Therapeutics (PTCT), a biotech targeting rare forms of muscular dystrophy and cystic fibrosis, plans to raise $100 million by offering 6.9 million shares at a price range of $13.00 to $16.00. At the midpoint of the proposed range, PTC Therapeutics would command a market value of $322 million. PTC Therapeutics, which was founded in 1998, booked $29 million in sales over the last 12 months. The South Plainfield, NJ-based company plans to list on the NASDAQ under the symbol PTCT. J.P. Morgan and Credit Suisse are the joint bookrunners on the deal. 

Regado Biosciences ( RGDO ), which is developing break-through anticoagulant system for cardiovascular surgeries, plans to raise $75 million by offering 5.0 million shares at a price range of $14.00 to $16.00. At the midpoint of the proposed range, Regado Biosciences would command a market value of $219 million. Regado Biosciences, which was founded in 2001, booked $0 million in sales over the last 12 months. The Basking Ridge, NJ-based company plans to list on the NASDAQ under the symbol RGDO. Cowen & Company and BMO Capital Markets are the joint bookrunners on the deal. 

Votorantim Cimentos S.A. (VEBM), Brazil's largest cement producer with 37% market share, plans to raise $3.4 billion by offering 200.0 million shares at a price range of $15.59 to $18.51. At the midpoint of the proposed range, Votorantim Cimentos S.A. would command a market value of $17.9 billion. Votorantim Cimentos S.A., which was founded in 1933, booked $4.9 billion in sales over the last 12 months. The São Paulo, Brazil-based company plans to list on the NYSE under the symbol VEBM. Morgan Stanley, J.P. Morgan, Itau BBA and Credit Suisse are the joint bookrunners on the deal. (Please note: Dual listing on NYSE and São Paulo Stock Exchange.) 

Read more: http://www.nasdaq.com/article/6-us-ipos-planned-for-the-week-of-jun-17-cm253464#ixzz2WWz2xq1g


A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Wednesday, June 12, 2013

Why ATRO shares will hit $60 this year

Astronics Corporation (ATRO) designs, manufactures, and markets specialized lighting, control systems, and electronics for the cockpit, cabin, and exteriors of military, commercial jet, and general aviation aircraft. Read more here

Why Buy? - ATRO has a Market Cap $575 million with P/E 25. Revenue projected to grow 18.60% this year and another 16.40% next year. Earnings estimated to increase 40.90% this year, an additional 23.60% next year and continue to increase by 19.00% annually for the next 5 years. Astronics Corporation’s first quarter earnings per share came in at 56 cents. The results benefited from strong performance from both Aerospace and Test Systems. In addition, selling, general and administrative expenses, as a percentage of total revenue, declined 120 basis points in the reported quarter, benefiting margins.

Astronics Corporation’s total revenue in the first quarter increased 13.6% year over year. Strong orders booked by the company are also evident from its growing backlog. Astronics Corporation exited the first quarter 2013 with a backlog of $118.9 million, up 3.9% sequentially.

Bullish comments from CEO - CEO Peter Gundermann said Astronics was tracking toward the high end of its previous guidance and will update its outlook in the second quarter. The revenue forecast remains at $280 million to $310 million, with nearly all of that coming from the aerospace segment. According to Motley For a modest earnings beat, the 10% jump may seem a little exaggerated, but the pieces seem to be coming together for Astronics to have a stellar 2013. Gundermann noted that sales were "strong across the majority of our markets and product lines." Combine that prospect with the promising guidance, which would seem to indicate that the second quarter has gotten off to a good start, and I wouldn't be surprised to see Astronics bump up its guidance in its next report.

Here are its key stats -  Click here

On an yearly EPS of $2.24 if you throw a PE of 25 then this stock should be trading at $56 with current estimates and considering the assumptions like management raising the guidance in 2nd Quarter as Motley predicts and couple upgrades from Wall Street Boutiques will take ATRO to $60 Plus. I bought it today at $39.65 and will add on pull backs. This stock has been doing pretty good compared to its peer in this volatile market.

Tech signs are very bullish - With a 14 Day RSI of 80 the stock closed at $39.78 and if the 14 Day RSI drops to 50 (which I doubt) the stock will be trading at $36, at which there is be lot of support for it. Keep in mind nothing goes up straight and nothing goes down forever. I liked it at $39.65 and if it drops to $36 I would add more. Coming to upside like I quoted above, it will eventually reach $60 with resistance at various levels which is obvious for any stock.

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Tuesday, June 11, 2013

My Twitter followers made 70% on BEAT today !!!

This is why I advise my trader friends and my blog subscribers to follow me on twitter @incredibletrade. I posted about BEAT on twitter as soon as it hit my radar on June 4th. I liked the momentum at $3 where I got in and stock action kind of made me think that a major push is going to happen soon. Last night there was a PR about UnitedHealth coverage deal click here which is a huge deal for this small cap company and the stock soared 70% today !!!

Stocks on watch for tomorrow are FORM, CRMD, CPRX off chart setups.

Current holdings - WLDN, LPTH, WPCS, NFEC, TISA, XRSC, CRV, DRAM, OXBT, SEV, PXLW

LPTH : Homing Pigeon candle chart pattern is seen in LPTH which indicates that there is a weakening of the current downward trend and good for traders to exit short positions and begin to enter into long positions

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Tuesday, June 4, 2013

New Watchlist - LPTH New Pick !!! PXLW up 25% after alert !!!

That was a great timing when it comes to PXLW alert on 05/31 when the stock was at $3. There was an SA article , with price target of tripe, close to $10 from here (keep in mind that the guy who wrote this article also wrote about HIMX and moved it big time from low 4s to high 7s!!!) + news about company to demonstrate its technology for the highest quality video on Windows 8™ Tablets and Ultrabooks based on Intel’s 4th generation Core™ processors at COMPUTEX TAIPEI. The stock soared 25% and closed at $3.75 today. The stock is going to have great time from here on...Congrats if you bought it along with me otherwise any pull back is a Strong Buy ! Clik here to read Seeking Alpha article about PXLW 

Our new stock for today is LPTH (LightPath Technologies Inc) LightPath Technologies, Inc. engages in the design, development, manufacture, and distribution of optical components and assemblies in the United States and internationally. The company provides precision molded glass aspheric optics, isolators, proprietary high performance fiber-optic collimators, GRADIUM glass lenses, and other optical materials used to produce products that manipulate light.

Why Buy? LPTH popped on my screen among the list of stocks that are making 52 week highs...I get a ton everyday but I pick only couple that meet my criteria. LPTH has everything that I look for. I decided to take long position after reading its recent earnings release and reading CEO's bullish comments of their future. Then I realized that Zacks upgraded it on 05/31 from Buy to Strong Buy, which was catalyst for today's move. I think the stock will go parabolic before correcting. This will be a hot stock for traders who moved stocks like RVLT, CIMT and others recently. LPTH has a low float of 10 million shares so the price movements will be crazy !.

Here are its 3rd Quarter numbers - http://finance.yahoo.com/news/lightpath-technologies-announces-profitable-third-200000202.html

Here is Zacks Upgrade - http://www.zacks.com/stock/news/100609/strong-buy-on-lightpath-technologies

Here is the thing...When stocks move on heavy volume and price appreciation it catches the attention of active traders and analysts who come up with their analysis and blog on Seeking Alpha and other sites...If there is a positive write up about LPTH in the next couple days I think we will be seeing it at $3.50 otherwise it has potential to hit $2 in short term..pull back...consolidate and make news highs in 2013.

Daily chart looks overbought but in a bull market stocks remain overbought for little while before market corrects them...any pull back to $1.20 is a gift !!!

I am long LPTH and PXLW.

A general Caution and Advise - As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!

Who is Mr.Incredible?

My Photo
New Jersey, United States
Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!