Friday, January 28, 2011

PLPE.OB - Newly listed Social Media Stock

Here it is, PeopleString Inc (PLPE.OB), click here. is a newly listed on OTC Exchange. I entered it at $1. This going to be another STVI.OB which we discussed earlier. This could be huge if they start working with Facebook or any other social media companies that are HOT now!!! I will update the blog as I get more updates on this new stock.

Other updates -

Added a big chunk of Feb 2011 $32 calls expiring on 02/1 8 between $1.20 and $1.60 in the last couple of days and sold them today at $2.25 or so...Keeping 50 calls more, which I think I will sell as the market deteriorates.
Have a nice weekend guys!

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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2 comments:

  1. AnonymousSun Jan 30, 12:29:00 PM EST

    Hi Incredible - Need an advice. Considering the civil unrest in Egypt and other factors do you suggest buying silver ETFs like AGQ for a short term of a day or two on Monday?

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  2. Mr.IncredibleSun Jan 30, 04:00:00 PM EST

    As long as the turmoil continues, long metals (AGQ, UGL etc), short financials (FAZ), short indexes (VXX, VXZ, TVIX, CVOL), long crappy micro float stocks (be selective tho..at times like these they take off for no reason). I think this mess is going to continue for several weeks and I strongly advise you not to buy or short ETFs like VXX, VXZ from a long term perspective. These are good for day trading only. Keep you positions small if you want to hold them for weeks.

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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!!!