CLFD doubled since the time the alert was sent out. As of today, it has IBD SmartSelect Composite Rating of 99 with #5 in the list of IBD value stocks under $10. I think CLFD is going to cross $5 soon...
Other Stocks - Take a look at Jennifer Convertibles (Ashley Furniture Stores) JEN. I took a small position at $1.24. I have been monitoring for the last couple of months when it was trading around .55 but since there was no volume for quite some time, I just stayed on the side lines but the stock started to move in the last few sessions and I bought it based on some technical breakouts... I think businesses like JEN will pick up fast once the economy turns around, read about their new stores here. My short term target is $3.
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!!!
Monday, August 31, 2009
Tuesday, August 25, 2009
SPDE is on Fire!
News about alliance with 3M is driving SPDE. Currently trading at $3.90 and am still holding it. This is not a buy or sell recommendation.
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!!!
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!!!
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!!!
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!!!
Sunday, August 9, 2009
SPDE - What an incredible trade!
This is one of the fastest trades I did in the last few months. My average price is $1.79, sold some at $3.80 and $4.50 and holding the remaining half. I called up some of my subscribers who I knew in person to check if they made money on my alert about SPDE and some said they did but couple of heroes shorted it at $3 and covered it at $4, sorry for them :(, :). I did some home work over the weekend and found some facts regarding SPDE and the market leader in Solid State Drives, STEC on their websites, http://densitydynamics.com/products and http://www.stec-inc.com/product/zeusiops.php respectively. Upon comparing the products related to SSDs, you will see a lot of similarities between them and in some aspects SPDE looks better than STEC. However at this moment I cannot come to a conclusion that SPDE is the next STEC until I see follow-up PRs from SPED’s management about their new product on how and when they are going to market it.
Bottom-line: SPDE was up 300% in a single session and there is no doubt that shorts already started to push it down but it is very risky to short these type of stocks because you never know if there is devil in the details. I would be on the side lines and enter it when the dust settles down. Keep in mind the pain shorts had to deal with when they shorted COIN, PDO, STEC and other low float stocks. You can make money either way on SPDE if you follow its trends closely. If the recent PR is true and the management releases follow-up news about the new product in a timely manner, I would not be surprised if the stock hits $15 in the short term because market always looks forward 6-12 months but until then it is reasonable to say that it is a P&D.
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!!!
Bottom-line: SPDE was up 300% in a single session and there is no doubt that shorts already started to push it down but it is very risky to short these type of stocks because you never know if there is devil in the details. I would be on the side lines and enter it when the dust settles down. Keep in mind the pain shorts had to deal with when they shorted COIN, PDO, STEC and other low float stocks. You can make money either way on SPDE if you follow its trends closely. If the recent PR is true and the management releases follow-up news about the new product in a timely manner, I would not be surprised if the stock hits $15 in the short term because market always looks forward 6-12 months but until then it is reasonable to say that it is a P&D.
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!!!
Friday, August 7, 2009
Bought some SPDE and GWSC
SPDE - More details will be provided soon. Looks like its going to hit $3 (I dont care whether its a P&D or not but surely the momentum will build in such low float stocks and get out of it after it hits my target). bought some GWSC.OB as well.
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!!!
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!!!
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Who is Mr.Incredible?
- Mr.Incredible
- 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!!!