Wednesday, December 18, 2013

New Watchlist - $DRAM Going To Double - Congrats on $MEIL - Long $WPCS

Hey Guys,  Congrats if you are long MEIL, our incredible pick on 12/10, click here. We alerted when it was at $2.38 and it hit $5.50 today!!! Also Congrats if you are long $PTIX which we alerted around $1.89 and at several prices in the last few months...couple days back the company was bought by Sonus Networks for $3.75 !!! There were many other winning picks recently and stay tuned for more to come...

Here is our new pick for coming sessions.....

Dataram Corporation (DRAM) - an independent memory manufacturer, develops, manufactures, and markets large capacity memory products primarily used in high performance network servers and workstations worldwide. It provides customized memory solutions for original equipment manufacturers (OEMs) and compatible memory for various brands, including Dell, HP, IBM, and Sun Microsystems.

Why Buy?

Partnership with AMD! -AMD and Dataram have worked together to significantly enhance the dynamic background load-and-save feature in order to create a seamless, non-volatile RAMDisk experience,” said Jason Caulkins, CTO, Dataram. “This underscores AMD and Dataram’s continued dedication to delivering the highest-performing memory products for PC enthusiasts.” Click here for more

2nd Quarter Financial Results: Dataram Continues to Trim Losses as It Reports Fiscal 2014 Second Quarter Financial Results. This is about the future that the company is promising its shareholders. At the current rate of cost reduction and sales expansion I think the stock has potential to double in 2014. Here is what John H. Freeman, Dataram’s president and CEO had to say about 2nd Quarter, “The Company continues to execute its plan of cost reduction and sales expansion. The six percent sales increase over the same quarter of last year and slight increase over the previous quarter of this year is a result of our product expansion, increased sales of Advanced Micro Devices ('AMD') Radeon Memory products and growth in our AMD relationship. We continue to work to expand the number of outlets for our AMD Radeon branded consumer and server memory in addition to exposing more gamers to our AMD Radeon RAMDisk.

Float: Here is the fun part !!! 1.4 million shares in float and that's one of the major forces for the stock to rip higher when the momentum begins.

Besides above factors chart is also looking good with above 50, 200 DMA and 4 EMA, RSI at 58 (not overbought) levels...

Bottomline - Taking CEO comments, future growth, sales expansion, and last but not least the tiny FLOAT into consideration I think DRAM has potential to more double in 2014 !!! I am long.

Other potential play for today is WPCS -  There was whole lot of drama with this stock after hours after it announced that they aquired a start up Bitcoin Trading Software company based in NY. Stock rallied from 3.20 to $5+ after hours and gave back all the profits and ended in red. People were suspecting that the drop was due to sell off fearing a dilution but 8K states "To acquire BTX, the Company entered into a securities purchase agreement (the Purchase Agreement) with certain investors in which WPCS sold 2,348 shares of a newly designated Series E Preferred Stock (the Preferred Stock) and warrants to purchase up to 1,500,000 shares of its common stock (the Warrants), for 100% of the membership interests of BTX. Each share of Preferred Stock has a stated value of $1,000 and is convertible into shares of the Company's common stock equal to the stated value (and all accrued but unpaid dividends) divided by the conversion price of $3.50 per share. The Preferred Stock accrues dividends at a rate of 12% per annum, payable quarterly in arrears. The Warrants have an exercise price of $5.00 per share. "

So if the management releases a PR and clarify that there is no dilution upon this acquisition then stock will rip higher....I am expecting it to hit $5+ IF IF IF there is no dilution...if there is...then we will see...

That's it for now guys...

Happy Trading!

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. Do your due dilligence  before investing or speculating. Start with a small position, always keep your stop losses in place and emotions out. If you are profiting from a trade then always ring the register. 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!!!