Thursday, August 20, 2009

Added some SPDE at mid $2s!

Another news item about Zargis Medical Corp (wholly owned subsidiary of SPDE) partnering with 3M Health Care pushed its stock price to $4.33 higher by 100% on 08/19 compared to its previous close before closing at $3.45. As I mentioned earlier, I got back in SPDE in mid $2s. I still would like to see follow up PRs from management about their new clients for their new SSD product before coming to a conclusion that there is some stuff in this stock. But technically the stock seems to be bullish and my short term target is $6.

My other Picks - I just loaded ETLY.OB, Ecotality at .15, which announced on 08/05 that its subsidiary, Electric Transportation Engineering Corp. (eTec), was awarded a grant of approximately $100 million by the Department of Energy (DOE) for the deployment of a charging infrastructure and electric vehicles (EVs). It then hit $.44 after the announcement but I waited until the dust settles and just got in it. Unfortunately dilution could destruct the shareholder wealth but in the short term I see it bouncing back to .20 to .22, which will give me a decent return if it happens.

Previous picks -VOCL and CFLD gained 50% and 35% respectively since those were alerterd on 06/25.

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!!!

1 comment:

  1. Mr Incredible,

    I found your blog while researching a stock. I have added your picks to my watch list. After doing some DD I have invested in a few of your picks.

    SMCGW was already on my radar, but now I am using it as a nice trade vehicle.

    I wanted to thank you for the tip on ETLY.... 35% profit in 5 days!!! I bought at $0.125 and sold at $0.20. I will try to channel ETLY for future trades. I see it is on it's way down towards my buy figure of $0.125, with luck I can play the trade again!!!



Who is Mr.Incredible?

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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!!!