Thursday, December 30, 2010

OSN - Chinese New Rare Earth Metal IPO

I just discovered OSN (Ossen Innovation Co., Ltd.), which IPO'd last week, 12/21. Got it it at $5.4 in the Pre-Market. Target $8. Tiny float, money making company..looks far better than other pump and dumps..Read more here..sorry no time to explain more..I apologize if there is any incorrect information in this..please do some DD.

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!!

12 comments:

  1. Added few hundred shares. Hope you are right.

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  2. :( at what price did you add? I was very excited when I first found it but it kind of disappointing me now..timing was not correct..should have waited until the market is opened. well, it is what it is.

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  3. sorry about that..I should have spend some more time before posting it. I bought it at $5.40 and just added another small chunk at $4.99. This is a low float stock and you should expect wild swings..also this is not a Pump and Dump like CHGS or other stocks that just went way up on the name of "Rare Earth". I think OSN will sure excel once the dust settles down.

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  4. thanks for your soothing words..and I will hold on to it.
    Any news on MTSL or ANTP???

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  5. I am not following ANTP any more. I still hold MTSL (which are of profits) so I dont care no matter how low it goes but I will surely send an alert when I see a fresh buying in it.

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  6. hi, any news on VTRO and TIII? happy new year mr incredible.

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  7. OSN does look good. Any advice on CPSL Incredible? Looks like some serious volume which may bode well for the next few days...

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  8. what do you think of XING now?

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  9. Like I said yesterday, I took advantage of XING's run and got out of it around $3.25. I think it's over for now. It might get momo when SHZ starts its next run. TIII is up. Big on URG, CXZ, IRE. Added OSN at various prices, even if it goes down a bit I am sure that it will come back fast and hit $8 at some point of time. OSN can be partially seen as a Rare Metal stock but it is big into infrastructure projects in China, which is expected to have exponential growth going forward.

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  10. Im looking SHZ very closely not because its a RE play which I dont think it is. Im looking at it because it appears to have the market cornered on a commodity that is used in high volume. Pluse it has government backing. My question is when I should get in.

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  11. There was some selling after it had an amazing Wednesday! As we predicted earlier any price above $8.10 indicates a short term breakout which could lead the stock to $9.50. Keep an eye on it.

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Who is Mr.Incredible?

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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!!!