Sunday, October 3, 2010

Stocks to watch on Monday

HBDT.OB - I hated the stock (and of course my trade) when it was down 50% after I bought it but the last Friday's after hour news release made me kind of happy and I think I might even go long if I get it at .12. on Monday. Oh btw, here is the news item, Independence Blue Cross invested $5.4 million in Health Benefits Direct when its market cap was around $4.5 million. The private placement was done for .15/share, which was 50% above the closing market price. Positives are a Health Care giant like Independence Blue Cross investing in a micro-cap company by paying above 50% of closing market price and HBDT planning to change its company to InsPro Technologies Corporation.

My opinion - I think this stock is going to .50 soon and much higher depending on how fast it hits the radars of momentum players and how much it is pumped! I honestly believe that entering it under .15 has zero risk involved. Please read the PR and post your suggestions and comments to this blog or email me at

Rare Earth Metals - This sector is getting hotter and hotter everyday. I do not see any signs of cooling down in the near future. I am still holding REE and will add more on pull backs. Here is an article from Seeking Alpha explaining why it is important to add Rare Earth Metal stocks to your portfolio, click here

Buy Ratings - OINK (momentum has begun), WXCO (nice breakout.....going to $15 soon), PDO (Oil is in the news again so buy), GENT, SIFY, DHRM, JCTCF (added a small chunk at $7.25). Add these to your watchlist and buy GENT, OINK, and WXCO on pull back.. I am long all of the stocks mentioned here.

Other stocks under my radar - LCRY, THMD, and MPAA (traded few weeks ago). I currently do not own these stocks but might on a pull back....

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?

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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!!!