Wednesday, February 9, 2011

AEFI.OB - New Uranium/Gold/REE Play

American Energy Fields (AEFI.OB) - I just discovered this company, which claims that it recently located huge amounts of Uranium, Gold, and some other crazy Rare Earths in its Date Creek Basin, click here. The stock is currently trading at $1.12 and if everything is genuine with this company, this stock has potential to hit $3 in a few months. I opened a small position @ $1.15 and might add more on a pull back.

Other trades - I am in ARAY @ $9.60 with a target of $14, also $10 calls expiring in March at $.50. I am in ISRG $320 calls expiring in March @ $17.60. I am in CLRO @ $4.90 with at target of $7. I have been doing GLD calls pretty heavily and so far working out very well (knock wood!). Market seems to be "little" overbought so as a hedge, I bought in the money VIX $16 calls expiring next wee at $1.10 and VXX stock at $28.65.

Keep an eye of ARAY. I think this is going to be BIG like ISRG in the future.

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!!

5 comments:

  1. hi, VSCP is great in this days, the target price is still at 4? thanks in advance

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  2. Absolutely! I see smile on your face :) congrats!

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  3. yes, also RFMI is move good in this days, congrats at you.

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  4. Hi Incredible - I also bought CRIS at $3 but missed to sell it yesterday. Seems like its selling off today. Now its below my buy price. What do you advise?

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  5. LMLP and TRXAQ are on fire! Congrats if you bought them on pullback after I sent the alert!

    ReplyDelete

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!!!