Wednesday, January 9, 2013

SPU is a strong BUY!!!

There is still a lot of juice in SkyPeople Fruit JuiceSPU, which came under radar this afternoon. It will be available on First Come First Served basis only! Seriously, SPU operates subsidiaries in China is engaged in the production and sales of fruit juice concentrates, fruit beverages, and other fruit related products in the China and overseas markets. Its fruit juice concentrates are sold to domestic customers and exported directly or via distributors. Fruit juice concentrates are used as a basic ingredient component in the food industry. Its brands, "Hedetang" and "SkyPeople," which are registered trademarks in China, are positioned as high quality, healthy and nutritious end-use juice beverages.

This is stocks is WAY UNDERVALUED. I do not want to spoil my sleep reinventing the wheel at 11:20 PM EDT, so please help yourself reading this SA article, click here

Here is the link for Investor Presentation, which is very detailed -

I usually look for stocks that are of low float and about to have momentum. SPU met all the criteria that I am looking for. Here are some more facts on why I am long this stock at $2.29 today.
  1. Key Stats - You've got to click here!
  2. Chart: - RSI 78, Closed above EMA (4), Heavy Buying (volume)
  3. Tech Indicators - RSI @ 78, Bullish Engulfing on 01/07, Support at $2.24, No resistance until $3 once it breaks $2.65 mark
Last but not least - IBD has a composite rating of 94 within the Beverages-Non-Alcoholic Group of 17 stocks. This is a big blessing from IBD.

Price Target - $5 by 02/28/13 (It could be even more if it crushes the Q4 numbers, which should be released before that date!!!)

Folks, also take a look at PRCP, which I alerted my Twitter followers at $6.20 and it closed at $7.45. HUGE UPSIDE AHEAD FOR THIS STOCK. Keep an eye of XPLR, which was alerted at $4.40 (news after hours)

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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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!!!