Friday, May 31, 2013

New Watchlist - ECTY, XRSC, PXLW, WPCS, SPIX, MZOR

ECTY ECOtality, Inc., together with its subsidiaries, engages in designing, manufacturing, testing, and commercializing electric vehicle (EV) charging and energy storage systems in the United States and internationally. Read its complete profile here

Why Buy? With growing buzz about Electric Vehicles (EV) by Tesla (TSLA), Nissan, BMW etc, the buzz about their charging stations also grow. Ecotality is the leader in this growing business. EV drivers can own a Blink charger (from ECTY) at home as well as join a growing community of EV drivers as a member of the Blink Network. Ecotality had a head start. It has received $115 million in grants from the U.S. government since 2009 to deploy more than 13,000 stations and has completed 80 percent of that goal. The San Francisco-based company recently signed a deal to put chargers in front of 225 Kroger Co. (KR) grocery stores and recently in Texas Instrument campus. Customers pay $1 to $2 an hour to power up.

Trading volume was a 12-fold increase from the three-month average for the shares, which have almost tripled this year. Vista Partners has initiated coverage of Ecotality with a 12-month price target of $3.70.
Revenue for 2012 increased 93 percent to $54.7 million, according to a statement released after the close of regular trading yesterday. The San Francisco-based company said its fourth-quarter net loss narrowed to $2.28 million from $6.7 million a year earlier.

Downside risk is $1.50 and upside potential is $5. 

PXLW Pixelworks, Inc., together with its subsidiaries, designs, develops, and markets video and pixel processing semiconductors, and software for digital video applications. Its products include ImageProcessor integrated circuits (ICs), which comprise embedded microprocessors, digital signal processing technology, and software that control the operations and signal processing within high-end display systems, such as projectors and high-resolution flat panels. Read more here.

Why Buy? 
1. Breakout . Stock has been on tear since 05/22 and closed at $3.52 its 52 week high today. Stock is poised for more breakouts in the future but it got to pull back to its 4 EMA of $3.20 before continuing its run.

2. Bullish Comments from CEO: PXLW reported its 1st Quarter earnings on 04/25 and there were not impressive click here. However, the CEO said "Despite these first quarter challenges, we expect our robust IP licensing pipeline, strong design win activity, and ramping of new products to contribute to topline growth in the second quarter and for the balance of 2013. As the industry begins a major shift to higher resolutions across all screens, we remain focused on capitalizing on this trend and applying our industry-leading video display processing technology to deliver the highest quality video experience to displays of all sizes.

3. Recent collaboration with Sony - Click here

This is speculative micro cap stock with high risk/reward if it works out. If PXLW speeds up their collaboration with other manufactures like Samsung or others then it will be a big win for the stock. They have 18 million outstanding shares and 11 million in float (yes low float again !) with $12.6 MM in cash and $2.3 M in long term debt.

Chart looks robust and again like I said it should pull back little bit (4 EMA) to move higher. Downside risk is $2.75 and Upside potential is $5.50 - $7


Other stocks include XRSC..volume spike and nice price action...next stop probably is $2.75, WPCS low float reverse split...$3.80 closed...upside $6, SPIX..sexy numbers in hot sector, downside $32 upside $100, MZOR - new listing on Nasdaq..Israeli based Medical instrument company...compare with ISRG...excellent growth in the recent quarter, click here and management is very bullish on the future...CMP $11.50...downside 10.80, upside $15-$18...big move ahead for these stocks.

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!!!

Wednesday, May 29, 2013

New Watchlist - PSIX, WPCS, ECTY, XRSC

Our recent picks VRTA, VRTB, AFOP, DRAM were up nicely in the last couple weeks. Any pull back in these stocks would be a BUY. Besides these the following popped up on my screen this morning, 03/27.

PSIX - This stock was uplisted from OTCBB to NasdaqCM today. Power Solutions International, Inc. designs, manufactures, distributes, and supports power systems for original equipment manufacturers (OEMs) of off-highway industrial equipment in North America, Asia, and Europe. Read more here.

Why Buy? - PSIX is in hot alternate energy sector, which could 'Kill The Gasoline Engine'. Unlike Westport (competetor), which converts diesel engines to run on cleaner and cheaper natural gas, PSI builds these engines from the ground up. These engines are custom-designed and built to perform a specific task for an equipment manufacturer. Most of PSI's business is for off-highway use in highly varied niche products. Read here.

Numbers: Low float, 1.59 million Shares !!! man ! we love this float with sexy numbers...Yearly EPS is going to be .98 and if you throw a conservative PE of 100 (yes 100) this stock should be be trading at $100 but it is at $37.80 as it was on OTC until yesterday. Now pension funds, and institutions are going to grab as much as they can....THIS WILL BE THE HOTTEST STOCK GOING FORWARD !!!

Key Statshttp://finance.yahoo.com/q/ks?s=PSIX+Key+Statistics Look for float, EV, Price to Sales Ratio (PSR) and Growth Estimates here

PSIX downside is $34 and upside is $100

WPCS - New Reverse Split play..Tiny float 900K...adjusted EBITDA well over $1 per share now ..decent comments on backlog....on FIRE !!! BOSC, CBMX ran right after reverse split...Add WPCS to your watch list...$3.80 now....heading to $6

ECTY - TLSA sympathy play...We alerted this stock on Twitter at $1.50 and it moved to $2.40 before earnings and dropped to $1.70 and gained some momentum since then. However there was buying this morning on rumor that TSLA chief would be involving ECTY in its business (charging electric vehicles, Blink Charger) but later it turned out to be just a rumor and the stock tanked. This stock will gain huge momentum as the demand for EV (Electric Vehicle) grow..We have GOOG https://www.google.com/green/efficiency/oncampus/ and other companies besides Tesla that are seriously pursuing EV projects.

Keep this stock on radar and add on pull backs...I am in at 1.60 and out around 2.25is..got back in at 2.15.

XRSC, VRTA, VRTA, LOAN, DRAM are other hot stocks that still have room to go higher.

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!!!

Wednesday, May 22, 2013

HOT Stocks !!! - XRSC, LOAN, KTEC, AFOP


Here are a few hot stocks that popped on my scanner this morning. They all have few  things in common..1. Excellent numbers 2. Low float 3. Bullish Chart and other criteria that I normally look for XRSC, LOAN, KTEC, AFOP, VRTA, VRTB, EAC, CRV

XRSC - We have been recommending this stock since $1.50 for couple months now and it hit $2.49 a 52 week high this week on heavy volume and closed at $2.05 today. It could take couple days rest around this area as the previous resistance will be its new support. But eventually this is going to TRIPLE in 2013. Short term PT is $3.50

Watch this short video clip for technical analysis on XRSC.



Other news about XRSC - XRS Named Finalist in 2013 CTIA E-Tech - Click here 

LOAN - Manhattan Bridge Capital, Inc offers short-term, secured, and non–banking loans to real estate investors to fund their acquisition and construction of properties in the New York Metropolitan area. Its loans are principally secured by collateral consisting of real estate and accompanied by personal guarantees from the principals of the businesses. The company offers its loans primarily through the company’s officers and independent loan brokers.

Why Buy Now? - LOAN had a revenue of  $534,000 compared to $392,000 in the previous year, a 36.2% growth in in the recent quarter. It had Positive net income, positive operating cash flow and an operating margin of 43.29% which is 87.16% higher than that of the Financial Sector and 712.2% higher than that of the industry.

Net income for the three month period ended March 31, 2013 was $0.04 per basic and diluted share (based on 4.283 million shares and 4.296 million shares, respectively), so on an yearly basis the EPS would be .16 and if you throw a PE of 20 then the stock should be trading at $3.20

Takeover Bid. LOAN received a takeover offer from Capstone Equities LLC and G Asset Management of $1.30 a share, or $5.62 million, but the offer was considered to be "ridiculously low" by the company. The bid is about 50% of Manhattan Bridge Capital's book value. So considering current market conditions, I do not think the management will sell their business under $5/share.

Here is the best part: LOAN has 4.2 million outstanding shares and just 1.6 million shares in float !!! Also notice that the short interest has dropped from 3.6K shares last month to 690 shares as of this month. It tells that those who shorted covered their short position predicting a sharp raise in the stock price. http://finance.yahoo.com/q/ks?s=LOAN+Key+Statistics

Also from a Tech standpoint LOAN chart is in super Bull mode: It is above its 50, 200 DMA and 4 EMA with RSI above 79. It has strong trend line support with 1.60 (downside) and hit 52 week high of 1.74 before closing at 1.67 today. Once it breaks the previous highs I think stock will go parabolic...$3 is my short term price target.


KTEC - The Company reported net earnings for the quarter of $2.1 million, or $0.38 per diluted share, compared to a net loss of $726,000, or $0.13 per diluted share, in the same period a year ago. Based on these number the stock should be trading at $22.80 but closed at 14.40. Downside is $13, Upside is $25 if and when it gets market attention.

AFOP - We alerted this stock at $13.50 on Twitter and through emails. The company raised its guidance this morning and the stock jumped to $20.40 before closing at 19.90. PT $25

VRTA and VRTB - REIT mortgage finance..low float..very speculative...hit 52 week high. I scalped them for few cents...holding some more..

EAC - Old pick. giving another opportunity to enter. Steal anywhere between 22 and 25. Upside $40-50

LONG: XRSC, LOAN, VRTA, VRTB, EAC

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!!!

Thursday, May 9, 2013

Posted a New Watchlist - XRSC, ELLO, EAC,

XRSC - reported better than expected results. Earned .01 profit compared to .20 loss in the 2nd quarter of 2012. Mobile software revenue growth of 27 percent drove total software revenue to $11.6 million for the second quarter of fiscal 2013. Company overall improved gross margins and reduced cost structure. Management is very bullish on the future. This is a turnaround story and I think we will see QoQ and YoY improved performance and PPS appreciation. My PT is still $6 for 2013. Click her for 2Q earnings

ELLO - Israeli based alternate energy company, which has not been noticed by the herd yet. I might take a small position upon a pull back. Chart looks good. Low float in hot sector. CMP $7.20, PT $11

EAC - Initial alert at $8 on 01-02-2013, click here. It closed at $23.25 after hours after releasing numbers. This stock is going to $30 - $40 med - long term. @Superman is bullish on it, which is a BIG positive. He is good at picking low float momentum stocks.

CLIR - Alert at $7, it hit $10.30 today

There are many other winners that we called recently on this blog and on twitter...please spread the word about this blog. The more subscribers we have the more encouraging it is for me to give you all Incredible picks !!!

Follow me on twitter @IncredibleTrade. As of today I have 572 followers that is from 18 in November 2012 to 572 today.

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!!!

Who is Mr.Incredible?

My photo
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!!!