CLFD doubled since the time the alert was sent out. As of today, it has IBD SmartSelect Composite Rating of 99 with #5 in the list of IBD value stocks under $10. I think CLFD is going to cross $5 soon...
Other Stocks - Take a look at Jennifer Convertibles (Ashley Furniture Stores) JEN. I took a small position at $1.24. I have been monitoring for the last couple of months when it was trading around .55 but since there was no volume for quite some time, I just stayed on the side lines but the stock started to move in the last few sessions and I bought it based on some technical breakouts... I think businesses like JEN will pick up fast once the economy turns around, read about their new stores here. My short term target is $3.
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!!!
Monday, August 31, 2009
Tuesday, August 25, 2009
SPDE is on Fire!
News about alliance with 3M is driving SPDE. Currently trading at $3.90 and am still holding it. This is not a buy or sell recommendation.
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!!!
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, August 20, 2009
Added some SPDE at mid $2s!
Another news item about Zargis Medical Corp (wholly owned subsidiary of SPDE) partnering with 3M Health Care pushed its stock price to $4.33 higher by 100% on 08/19 compared to its previous close before closing at $3.45. As I mentioned earlier, I got back in SPDE in mid $2s. I still would like to see follow up PRs from management about their new clients for their new SSD product before coming to a conclusion that there is some stuff in this stock. But technically the stock seems to be bullish and my short term target is $6.
My other Picks - I just loaded ETLY.OB, Ecotality at .15, which announced on 08/05 that its subsidiary, Electric Transportation Engineering Corp. (eTec), was awarded a grant of approximately $100 million by the Department of Energy (DOE) for the deployment of a charging infrastructure and electric vehicles (EVs). It then hit $.44 after the announcement but I waited until the dust settles and just got in it. Unfortunately dilution could destruct the shareholder wealth but in the short term I see it bouncing back to .20 to .22, which will give me a decent return if it happens.
Previous picks -VOCL and CFLD gained 50% and 35% respectively since those were alerterd on 06/25.
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!!!
My other Picks - I just loaded ETLY.OB, Ecotality at .15, which announced on 08/05 that its subsidiary, Electric Transportation Engineering Corp. (eTec), was awarded a grant of approximately $100 million by the Department of Energy (DOE) for the deployment of a charging infrastructure and electric vehicles (EVs). It then hit $.44 after the announcement but I waited until the dust settles and just got in it. Unfortunately dilution could destruct the shareholder wealth but in the short term I see it bouncing back to .20 to .22, which will give me a decent return if it happens.
Previous picks -VOCL and CFLD gained 50% and 35% respectively since those were alerterd on 06/25.
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!!!
Sunday, August 9, 2009
SPDE - What an incredible trade!
This is one of the fastest trades I did in the last few months. My average price is $1.79, sold some at $3.80 and $4.50 and holding the remaining half. I called up some of my subscribers who I knew in person to check if they made money on my alert about SPDE and some said they did but couple of heroes shorted it at $3 and covered it at $4, sorry for them :(, :). I did some home work over the weekend and found some facts regarding SPDE and the market leader in Solid State Drives, STEC on their websites, http://densitydynamics.com/products and http://www.stec-inc.com/product/zeusiops.php respectively. Upon comparing the products related to SSDs, you will see a lot of similarities between them and in some aspects SPDE looks better than STEC. However at this moment I cannot come to a conclusion that SPDE is the next STEC until I see follow-up PRs from SPED’s management about their new product on how and when they are going to market it.
Bottom-line: SPDE was up 300% in a single session and there is no doubt that shorts already started to push it down but it is very risky to short these type of stocks because you never know if there is devil in the details. I would be on the side lines and enter it when the dust settles down. Keep in mind the pain shorts had to deal with when they shorted COIN, PDO, STEC and other low float stocks. You can make money either way on SPDE if you follow its trends closely. If the recent PR is true and the management releases follow-up news about the new product in a timely manner, I would not be surprised if the stock hits $15 in the short term because market always looks forward 6-12 months but until then it is reasonable to say that it is a P&D.
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!!!
Bottom-line: SPDE was up 300% in a single session and there is no doubt that shorts already started to push it down but it is very risky to short these type of stocks because you never know if there is devil in the details. I would be on the side lines and enter it when the dust settles down. Keep in mind the pain shorts had to deal with when they shorted COIN, PDO, STEC and other low float stocks. You can make money either way on SPDE if you follow its trends closely. If the recent PR is true and the management releases follow-up news about the new product in a timely manner, I would not be surprised if the stock hits $15 in the short term because market always looks forward 6-12 months but until then it is reasonable to say that it is a P&D.
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!!!
Friday, August 7, 2009
Bought some SPDE and GWSC
SPDE - More details will be provided soon. Looks like its going to hit $3 (I dont care whether its a P&D or not but surely the momentum will build in such low float stocks and get out of it after it hits my target). bought some GWSC.OB as well.
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!!!
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!!!
Tuesday, July 28, 2009
LCRD - Huge Potential Ahead
First congrats to those who are still holding or who booked profits on UTA, HGRD, and IFON...It looks like there is still more room for those 3 picks...
Coming to our new pick LCRD, LaserCard Corporation, through its subsidiaries, provides secure ID solutions to government and commercial clients worldwide. Here is the remaining description. They just had a nice 1st quarter with earnings of 0.16/share. If you do the math, the fair value of the stock should be $9.60 (0.16 EPS * 4 Qs * throw a P/E of 15 = $9.60) but it closed at $7.10 on 07/28 with a 39% gain from its pre-earnings day, 07/27. It has a tiny float with decent amount of cash. LaserCard recently got some large scale contracts from Italy and Angola and countries like India and her neighbors are also in the planning phase to implement Biometrics to solve the national ID issues, read the article. There is no guarantee that LCRD will get those contracts but it will surely create interest in the investment community to start speculating with such low float stocks, which will run the stock price to much higher levels than what it is at right now.
Positives:
Other picks - It is worth adding HSTM, which looks like another breakout Bull. It closed at $3.25 and my target is $6.
Disclosure - I do not own shares of either LCRD or HSTM as of yesterday's close, 07/28.
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!!!
Coming to our new pick LCRD, LaserCard Corporation, through its subsidiaries, provides secure ID solutions to government and commercial clients worldwide. Here is the remaining description. They just had a nice 1st quarter with earnings of 0.16/share. If you do the math, the fair value of the stock should be $9.60 (0.16 EPS * 4 Qs * throw a P/E of 15 = $9.60) but it closed at $7.10 on 07/28 with a 39% gain from its pre-earnings day, 07/27. It has a tiny float with decent amount of cash. LaserCard recently got some large scale contracts from Italy and Angola and countries like India and her neighbors are also in the planning phase to implement Biometrics to solve the national ID issues, read the article. There is no guarantee that LCRD will get those contracts but it will surely create interest in the investment community to start speculating with such low float stocks, which will run the stock price to much higher levels than what it is at right now.
Positives:
- LCRD traded with heavy volume today (more than 26 times of its 3 month average volume)
- Shorts might have already entered it, which is good. The more they try to pound the stock down the better the buying opportunity. Short squeeze will obviously happen at some point of time.
- Improved cash position (LaserCard Corporation’s cash, cash equivalents, and investments were $39.6 million at June 30, 2009 compared with $29.3 million at March 31, 2009. Debt at June 30, 2009 totaled $9.1 million compared with $8.9 million at March 31, 2009.)
- Technical indicators like MACD (10 and 50), RSI, 3 day price break and CVAD and other key indicators are also Bullish.
- IBD Composite rating of 99. Number 10 on the IBD value picks under $10
Other picks - It is worth adding HSTM, which looks like another breakout Bull. It closed at $3.25 and my target is $6.
Disclosure - I do not own shares of either LCRD or HSTM as of yesterday's close, 07/28.
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!!!
Friday, July 17, 2009
CNU - Steady Growth
I just found a primary care physician services company, Continucare (CNU) based in Florida. I first looked at it as a breakout play but after looking at its past earnings and other market conditions, CNU looks like a growth story. I did not have enough time to drill into the details but just had a glance at its IBD numbers, which look great (93 Composite rating) and other techinicals like MACDs and RSI look bullish for CNU, which closed at $2.90 yesterday, 07/16. It is worth adding to your watch list and buying on dips (between$2.50 and $3.00). The stock price might not have crazy fluctuations but will reflect its company's growth which is really steady...My short term target is $5.00
Here are CNU's Key Stats and recent earnings
Disclosure - I do not own CNU shares as of yesterday's close, 07/16.
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!!!
Here are CNU's Key Stats and recent earnings
Disclosure - I do not own CNU shares as of yesterday's close, 07/16.
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!!!
Sunday, July 12, 2009
DPW is getting noticed!
The credit goes to one of the DPW Yahoo message board member for finding it! Click on the link below.
DPW on 21st Century Business Program. It is starting to get noticed by all types of players and IMHO, it will grow substantially if the management keep up their good work. My short term target is $5 but will re-evaluate it when it hits the target. For those who are not aware of 21st Century Business TV, here is the link.
Disclosure - I am neither long nor short DPW as of last Friday close, 07/10.
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!!!
DPW on 21st Century Business Program. It is starting to get noticed by all types of players and IMHO, it will grow substantially if the management keep up their good work. My short term target is $5 but will re-evaluate it when it hits the target. For those who are not aware of 21st Century Business TV, here is the link.
Disclosure - I am neither long nor short DPW as of last Friday close, 07/10.
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!!!
Friday, July 10, 2009
DPW just hit 52 Week High. Mid $3s coming...
Here is the alert about DPW's turnaround story! Congrats if you bought it on its recent pullback!
1st alert was sent out on 06/22
1st alert was sent out on 06/22
Monday, July 6, 2009
Chinese Auto Sales Up!
This is the only good news I see in the pre-market, read it.
"Analysts expect China's auto sales to top 10 million vehicles this year, and an industry group, the China Passenger Car Association, is forecasting sales in excess of 11 million units."
That is definitely good for CALI. "The Company also is the originator and operator of the most widely accessed subscription-based website in China's luxury imported auto trade www.at188.com and recently created and launched the industry transforming website www.1365car.com . The latter site provides real-time, accurate trading information on all domestically manufactured autos matching buyers with dealers in a subscription based format. The Company's e-commerce business is fueled by a strong first mover advantage in the domestic auto space, and continued growth of its market leading luxury import vehicle site. It plans to quickly expand its web business to six new cities in the near future, and its vision is to continue to build China's only national website for domestic and import car buyers"
Disclosure - I am long CALI and took a small position at $4 last Thursday, 07-02 right at the closing!
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!!!
"Analysts expect China's auto sales to top 10 million vehicles this year, and an industry group, the China Passenger Car Association, is forecasting sales in excess of 11 million units."
That is definitely good for CALI. "The Company also is the originator and operator of the most widely accessed subscription-based website in China's luxury imported auto trade www.at188.com and recently created and launched the industry transforming website www.1365car.com . The latter site provides real-time, accurate trading information on all domestically manufactured autos matching buyers with dealers in a subscription based format. The Company's e-commerce business is fueled by a strong first mover advantage in the domestic auto space, and continued growth of its market leading luxury import vehicle site. It plans to quickly expand its web business to six new cities in the near future, and its vision is to continue to build China's only national website for domestic and import car buyers"
Disclosure - I am long CALI and took a small position at $4 last Thursday, 07-02 right at the closing!
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, July 2, 2009
HGRD - Value Pick and CALI - Speculative Pick
Health Grades Inc (HGRD) Health Grades, Inc. provides proprietary objective healthcare provider ratings and advisory services in the United States. Its ratings address hospitals, nursing homes, and home health agencies. The company offers healthcare information, including information relating to quality of service, as well as profile information on physicians that enables clients to measure, assess, enhance, and market healthcare quality. Remaining Info.
Why Buy? - Basically two reasons.
1. Recent Earnings and decent numbers
2. Technical Breakout - HGRD formed a base above its 50 DMA of $3.65 for a little while and is showed some signs of new breakouts recently. It hit $4.49 with heavy volume (3.9 million shares), 52 Week high on 06/26 when it joined Russell 3000 Index and I think this is when stocks usually get noticed by many market participants. It then pulled back to high $3s but it is still continued its upward trend. Worth reading
3. Number 5 on IBD Value Stocks under $10 with Smart Select Composite Rating of 99
HGRD has been in the motion for the past few weeks (ranging between $3.25 and $4.00) and I think it will tend to stay in motion. If the trend continues, we will see it hitting $5.50 - $6 soon!
Action to be taken – Add to your watchlist and Buy under $4
Disclosure – As of 07/01/09 I do not have positions in HGRD.
CALI – China Auto Logistics Inc. One of China's leading importers of luxury automobiles, a top provider of one stop automobile logistics services and dealer financing and operator of three of China's leading automobile-related websites, announced today that the Company's common stock has been approved for listing on The NASDAQ Capital Market ("NASDAQ"). The stock will commence trading at the open tomorrow, Tuesday, June 30, 2009, with a new trading symbol: CALI.Just moved from OTCBB, read more.
Here are their 1st Quarter earnings. Everything looks good except CEO’s comment (depends on how you take it) “we anticipate a steady decrease in the growth rate of our auto sales, as we concentrate on profitability as opposed to unit sales. Our greatest strides will occur as we further expand our websites, which not only will generate revenues and profits from subscriptions and online ads, but increasingly from new web-based services for auto dealers and consumers. Each new website we open, if sufficiently attractive in terms of up to date information and ease of use, creates multiple channels for new sources of revenue growth which in total could become quite explosive."
Bottomline – I think CALI’s business will be okay as long as Chinese economy does really well and people spend on expensive cars. As per CALI’s website it has a tiny float of 6.4 million shares and it closed at $4.00 on 07/01. Not many people knew about this new comer!
Buy or Don’t Buy? – This will be speculative stock, which could give high returns to the risk takers provided it gets noticed by MMs and other big 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!!!
Why Buy? - Basically two reasons.
1. Recent Earnings and decent numbers
2. Technical Breakout - HGRD formed a base above its 50 DMA of $3.65 for a little while and is showed some signs of new breakouts recently. It hit $4.49 with heavy volume (3.9 million shares), 52 Week high on 06/26 when it joined Russell 3000 Index and I think this is when stocks usually get noticed by many market participants. It then pulled back to high $3s but it is still continued its upward trend. Worth reading
3. Number 5 on IBD Value Stocks under $10 with Smart Select Composite Rating of 99
HGRD has been in the motion for the past few weeks (ranging between $3.25 and $4.00) and I think it will tend to stay in motion. If the trend continues, we will see it hitting $5.50 - $6 soon!
Action to be taken – Add to your watchlist and Buy under $4
Disclosure – As of 07/01/09 I do not have positions in HGRD.
CALI – China Auto Logistics Inc. One of China's leading importers of luxury automobiles, a top provider of one stop automobile logistics services and dealer financing and operator of three of China's leading automobile-related websites, announced today that the Company's common stock has been approved for listing on The NASDAQ Capital Market ("NASDAQ"). The stock will commence trading at the open tomorrow, Tuesday, June 30, 2009, with a new trading symbol: CALI.Just moved from OTCBB, read more.
Here are their 1st Quarter earnings. Everything looks good except CEO’s comment (depends on how you take it) “we anticipate a steady decrease in the growth rate of our auto sales, as we concentrate on profitability as opposed to unit sales. Our greatest strides will occur as we further expand our websites, which not only will generate revenues and profits from subscriptions and online ads, but increasingly from new web-based services for auto dealers and consumers. Each new website we open, if sufficiently attractive in terms of up to date information and ease of use, creates multiple channels for new sources of revenue growth which in total could become quite explosive."
Bottomline – I think CALI’s business will be okay as long as Chinese economy does really well and people spend on expensive cars. As per CALI’s website it has a tiny float of 6.4 million shares and it closed at $4.00 on 07/01. Not many people knew about this new comer!
Buy or Don’t Buy? – This will be speculative stock, which could give high returns to the risk takers provided it gets noticed by MMs and other big 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!!!
Wednesday, July 1, 2009
TPI is showing signs of reversal - Buy
TPI was already alerted on 06/22 when it was trading at $2.65, read it. It was recently added to Russell Microcap(R) index and the stock price just crossed $3 and looks like it is going to have another breakout here. Here are TPI's key stats. I think it is worth adding to your buy list.
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!!!
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!!!
Tuesday, June 30, 2009
Update on SKBI (previously SKBO.OB)
I alerted about SKBI (SKBO.OB until last Friday) on 06/08 when it was trading at $14, read it. As the company announced earlier, it moved from OTC exchange to NASDAQ last Friday, 06/26 and closed at $20 after hitting the intraday/52 week high of $22, which was like 55% above its recommended price. SKBI just released the news saying it is offering the public with 1.4 million shares at $12.98, which will be used for completion of a new vaccine facility; the construction of a new production facility for micro-organisms and feed additives; acquisitions of other companies in the veterinary healthcare industry; and working capital and general corporate purposes, including research and development and marketing. Read it here
New Analysis - Take a look at their recent S1 for more information on how many shares are with the management and how many are locked for 6 months. Based on that the new float should be around 1.5 million and outstanding shares should be around 2.5 million (Please correct me if I am wrong). Coming to EPS...As per their recent presentation they earned $3.07 on outstanding shares, which is $6.7 million net adjusted income (excluding non-recurring expenses). If you divide the net income with the newly diluted shares you get the earnings of $2.75 so based on the recent growth history, I do not think they need to sweat for the same amount of growth in the coming quarters and I think they can easily exceed market expectations of $3.50 plus EPS.
Bottomline - Based on today's news, SKBI's stock price could tank tomorrow and how much is it going tank is anyone's guess. But I consider the dip as a buying opportunity. I hope some of you already took some profits off the table (If not then its not my fault!). If you have not traded this stock in the past, I would like you to add it to your watchlist and take small position when it dips.
Disclosure - I neither long nor short SKBO.OB or SKBI
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!!!
New Analysis - Take a look at their recent S1 for more information on how many shares are with the management and how many are locked for 6 months. Based on that the new float should be around 1.5 million and outstanding shares should be around 2.5 million (Please correct me if I am wrong). Coming to EPS...As per their recent presentation they earned $3.07 on outstanding shares, which is $6.7 million net adjusted income (excluding non-recurring expenses). If you divide the net income with the newly diluted shares you get the earnings of $2.75 so based on the recent growth history, I do not think they need to sweat for the same amount of growth in the coming quarters and I think they can easily exceed market expectations of $3.50 plus EPS.
Bottomline - Based on today's news, SKBI's stock price could tank tomorrow and how much is it going tank is anyone's guess. But I consider the dip as a buying opportunity. I hope some of you already took some profits off the table (If not then its not my fault!). If you have not traded this stock in the past, I would like you to add it to your watchlist and take small position when it dips.
Disclosure - I neither long nor short SKBO.OB or SKBI
A general Caution and Advise-As I always advise in my posts, Do not chase stocks. please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations/alerts. As always please do your DD before investing or speculating, start with a small position, always keep your stop losses in place and emotions out. Finally thank me for your profits but do not blame me for your losses because you are the one who pulled the trigger!!!
Monday, June 29, 2009
Review of Incredible Trades
Here are some Incredible Trades since the inception of this blog...
| Alert Date | Stock Symbol | Alert Price ($) | Closing as of 06-25-2009 | %Gain or Loss |
| 06-25-2009 | CLFD | 1.68 | 1.95 | +18% |
| 06-25-2009 | VOCL | 1.00 | 1.04 | +4% |
| 06-19-2009 | PLGC.OB | 0.55 | 1.10 | +100% |
| 06-09-2009 | MRGE | 3.00 | 4.30 | +43.0% |
| 06-08-2009 | CHBT | 10.85 | 16.35 | +50% |
| 06-08-2009 | UTA | 8.75 | 11.50 | +33% |
| 06-08-2009 | SKBO | 14.00 | 20.00 | +42.5% |
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, June 25, 2009
CLFD - Obama's Broadband Play
Clearfield Inc (CFLD) manufactures and sells telecommunications equipment and products in the United States. Its products include fiber distribution systems, optical components, outside plant cabinets, and fiber and copper cable assemblies.
Analysis - I started to look at CFLD as a pure breakout play expecting to cross $2 in the near term but after discussing with one of my buddies and going into details of this company it looks like it could benefit from from Obama's $7.2 Billion stimulus plan to expand broadband internet access to "underserved" and rural areas http://tinyurl.com/bfrd64. Based on its recent earnings, PR about their new clients, IBD composite ratings of 96, tiny float/market cap http://finance.yahoo.com/q/ks?s=CLFD (which we all like) and the last but not least, the Obamas stimulus factor, I think I can comfortably say that it could double from here. All it needs is some exposure to market participants and once it happens, this stock could easily double. CFLD closed at $1.68 on 06/25 with very light volume. I would take a small position at this levels and average it if it goes down.
Please do not expect this stock to take off like MTMC and Crash at the same speed (well that's a happy ending for some lucky fast and furious trades and its a sad story for late comers!!). I would compare the momentum and price action of CFLD with MRGE.
Other Telecom breakout play is VOCL -VocalTec Communications (NasdaqCM:VOCL) is a global provider of carrier-class multimedia and voice-over-IP solutions for communication service providers.
Analysis - Frankly their 1st quarter is not that great but the outlook seems to be pretty strong as per their CEO, "Mr. Gur, “As we approach the half-way point in 2009, I feel more comfortable reiterating my expectations that our revenues in 2009 will be greater than those of 2008, especially as the recent changes made by the new management team come to fruition. We have a highly motivated management team, as well as a very strong and more than adequate cash position, exceeding $12 million with which to execute on our strategic plan.”
http://tinyurl.com/ns4wgv
Positives are they have a ton of cash with no debt, tiny float (6.9 million shares), Newly added clients, technical breakouts, volumes have been increasing. Once it crosses a buck, it will be fair to say that it will have more breakouts in the future and will eventually end up doubling from here.
Negatives are - 1st quarter was not great but I think that is because of overall slowdown and they are taking some good measures to contain the costs.
Disclaimer - I do not own the shares of CFLD or VOCL as of closing 06-25-09
My previous recommendations/alerts -
Analysis - I started to look at CFLD as a pure breakout play expecting to cross $2 in the near term but after discussing with one of my buddies and going into details of this company it looks like it could benefit from from Obama's $7.2 Billion stimulus plan to expand broadband internet access to "underserved" and rural areas http://tinyurl.com/bfrd64. Based on its recent earnings, PR about their new clients, IBD composite ratings of 96, tiny float/market cap http://finance.yahoo.com/q/ks?s=CLFD (which we all like) and the last but not least, the Obamas stimulus factor, I think I can comfortably say that it could double from here. All it needs is some exposure to market participants and once it happens, this stock could easily double. CFLD closed at $1.68 on 06/25 with very light volume. I would take a small position at this levels and average it if it goes down.
Please do not expect this stock to take off like MTMC and Crash at the same speed (well that's a happy ending for some lucky fast and furious trades and its a sad story for late comers!!). I would compare the momentum and price action of CFLD with MRGE.
Other Telecom breakout play is VOCL -VocalTec Communications (NasdaqCM:VOCL) is a global provider of carrier-class multimedia and voice-over-IP solutions for communication service providers.
Analysis - Frankly their 1st quarter is not that great but the outlook seems to be pretty strong as per their CEO, "Mr. Gur, “As we approach the half-way point in 2009, I feel more comfortable reiterating my expectations that our revenues in 2009 will be greater than those of 2008, especially as the recent changes made by the new management team come to fruition. We have a highly motivated management team, as well as a very strong and more than adequate cash position, exceeding $12 million with which to execute on our strategic plan.”
http://tinyurl.com/ns4wgv
Positives are they have a ton of cash with no debt, tiny float (6.9 million shares), Newly added clients, technical breakouts, volumes have been increasing. Once it crosses a buck, it will be fair to say that it will have more breakouts in the future and will eventually end up doubling from here.
Negatives are - 1st quarter was not great but I think that is because of overall slowdown and they are taking some good measures to contain the costs.
Disclaimer - I do not own the shares of CFLD or VOCL as of closing 06-25-09
My previous recommendations/alerts -
- MRGE - My first favorite play - Strong and Steady at $4 - Buy recommendation was sent on 06/09 when it was at $3. I suggested to sell it $4.40 and add buy back at $3.75 or so..some guys did follow and made some incredible money!!
- IFON alerted at $1.00 on 06/19 - It closed at $1.50 on 06/25
- UTA - My favorite stock - Up 10% today. It gave many chances to exit $12.50
- PLGC alerted at $.55 on 06/19 and it closed at .99 today
- SKBO recommended at $14 and it touched $16.50 and came back to the recommended price
- VPS is down and I am bit disappointed but still holding onto those shares
- MTMC - This was just an alert (not a buy or sell recommendation)...eveyone knew what happened!!
- I am still in SMCGW. Waiting for the big day and I think we are going to see that day soon!!
Wednesday, June 24, 2009
Update on MTMC's rollercoaster ride
My previous post about MTMC was sent out as a news alert only. As I wrote in it, it was neither a buy nor sell recommendation. The alert was published on my blog today at 11:31 AM http://tinyurl.com/lseqjq but due to some latency issues, it was sent out to most of the subscribers at 12:15 PM. When I published the newsletter, the stock price was at $4.30 but it then went back and forth between $3.60 and $4.20 and got settled at around $4.00 by the time you received the alert. Most of you might have experienced how violently micro float stocks behave on news if there is some stuff in it. I heard that a few of my subscribers bought it around $4.00 as soon as they received the alert and quickly got out of it while it was in mid $5s. Congrats to those guys!!! and I think it is too early to say sorry to the guys who came to the party late because as of now no one knows why the trading was halted (let's be optimistic and sleep well tonight :-). But The problem is their PR is not that clear. It looks like MTMC resells Mobile Armor's software products to its clients and it is also not clear how many third party vendors like MTMC do have relationship with Mobile Armor and if there are some other companies, the next question is, Is MTMC going to get the lion's share in the new $40 million contract. Some people tried to reach out to their investor relations department but their calls were not answered.
Here is my take on MTMC.....
Disclaimer- I do not have any positions in MTMC as of today, 06-24-2009.
Here is my take on MTMC.....
- If today's news about their contract is a BS, then it will lead to SEC investigation, Law suits, bear attacks etc, which will obviously drive the stock price down to its pre-news levels.
- If the news is genuine, then hey you are lucky! It is currently a $5 million company and if the company releases a number that reveals their share in the new contract tomorrow and if market likes it then it will skyrocket again based on buyout rumors... (sounds ridiculous and too optimistic, right? but we never know...)
Disclaimer- I do not have any positions in MTMC as of today, 06-24-2009.
MTMC - Speculative Play
This is not a Buy or Sell recommendation. I just got it from on of my buddies and it was already up 200% and am not sure where it would be by the time you read it. MTM Technologies (MTM) just announced a huge contract which is big news for this company with market cap of $2.2 Million. The float is around 800K. http://tinyurl.com/mxyb9r . It is currently trading at $4.30. It might go up more but shorts are going to jump on it sooner or later and bring it down to earth but there are high chances of this tiny float company to give a roller coaster experience to some madtraders.!
Read their PR fully before you take any action.
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Read their PR fully before you take any action.
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Monday, June 22, 2009
DPW seems like a Turnaround story.
Digital Power Corporation (DPW) - Digital Power Corporation, together with its subsidiary, Digital Power Limited, engages in the design, manufacture, and sale of power products and system solutions in North America and Europe. It offers custom and modified-standard, open-frame, CompactPCI, ATSC front-ends, and power over Ethernet products, which provide power output from 50 watts to 25,000 watts.
Summary - DPW turned to be profitable in the 1 Q of 2009 and Amos Kohn, CEO is positive on its future. "While we have been very aggressive in containing costs, one area where we have not cut back is in new product development. These efforts are intended to result in several new advanced high-grade, high efficiency power system solutions being released to production within the next two to three quarters"
http://tinyurl.com/kl3bcn
This is a tiny little company with a float of 2 million shares. If you take a look at its recent price action, you will see the momentum building in the stock and since it is a tiny float stock it is going to be volatile as the volumes increase. DPW closed at $2.36 last Friday, 06/19. I would buy it on a pull back. If the CEO is correct and they are able to contain their costs and at the same time gain more contracts in the next few quarters, I think this stock will be trading at $5.
Other stocks - IFON, PLGC and AIM still seem to be bullish. Worth adding on pullbacks
New Entries -
Summary - DPW turned to be profitable in the 1 Q of 2009 and Amos Kohn, CEO is positive on its future. "While we have been very aggressive in containing costs, one area where we have not cut back is in new product development. These efforts are intended to result in several new advanced high-grade, high efficiency power system solutions being released to production within the next two to three quarters"
http://tinyurl.com/kl3bcn
This is a tiny little company with a float of 2 million shares. If you take a look at its recent price action, you will see the momentum building in the stock and since it is a tiny float stock it is going to be volatile as the volumes increase. DPW closed at $2.36 last Friday, 06/19. I would buy it on a pull back. If the CEO is correct and they are able to contain their costs and at the same time gain more contracts in the next few quarters, I think this stock will be trading at $5.
Other stocks - IFON, PLGC and AIM still seem to be bullish. Worth adding on pullbacks
New Entries -
- TPI (Chinese pharmaceutical company) definetly looks like worth taking a small position. DD will be provided soon.
- Stellar Pharmaceuticals (SLXCF.OB) closed last Friday at .60 - This is a going to be a breakout play like PLGC.OB. You can read more about it here http://tinyurl.com/myn7u7. This is also a tiny float company (14 million shares outstanding as per otcbb.com).
Friday, June 19, 2009
PLGC up 100% since my first call
I hope some of my subcribers made some 'Incredible Money' on PLGC.OB, which just hit $1.15. It is up 100% since my first call on 06/16. Read the post 'Under Other picks ready for a breakout' http://tinyurl.com/mmowlh
TSTA.OB is up 20% since it was posted on this blog and still there is lot of upside - http://tinyurl.com/mmowlh
Other potential breakout plays are - IFON, AIM (wait for a pull back on both the stocks)....More to come
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
TSTA.OB is up 20% since it was posted on this blog and still there is lot of upside - http://tinyurl.com/mmowlh
Other potential breakout plays are - IFON, AIM (wait for a pull back on both the stocks)....More to come
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Tuesday, June 16, 2009
MRGE at 52 Week High.
Congrats if you bought it at $3 after reading my post http://tinyurl.com/lkd7fu. I would suggest to take some profits at $4.40 (if it hits today) and get those shares back when it drops back to $4 or so. But in the medium term it has got lot of potential to go much higher from here.
Other stocks - I bought some warrants of Barzel Industries (TPUTW) at .05 that expire on 03/07/2011. Barzel Industries Inc. engages in processing and distributing carbon steel, stainless steel, and aluminum products in the United States and Canada.
Their last quarter was really really bad but their Outlook looks good http://tinyurl.com/l48ves. It's a pure speculative pick and does not make sense to chase it but makes sense to add it to your watchlist and take actions accordingly.
Want a lottery ticket? - I added PGV to my watchlist couple of days back when it was trading at $3. Velocity Portfolio Group, Inc., through its subsidiaries, operates as a portfolio management company in the United States. It engages in the acquisition, management, collection, and servicing of distressed assets comprising consumer receivable portfolios, interests in distressed real property, and tax lien certificates.........Sounds like a perfect fit for this economy!!. It hit $5 yesterday on 50 times it average daily volume and today it hit $10 and is now trading at $7.50........on 200 times its daily average volume. I was hesitant to post it at $3 becuase I was not sure about that company but after doing some research it looks like this stock is for you if you want to be a Hero! but seriously some people make money by quick entry and exits.
The beauty of this stock is it has a very tiny float (266K)
http://finance.yahoo.com/q/ks?s=PGV.
Now its up to you. Want to be another Mr.Incredible? lol
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Other stocks - I bought some warrants of Barzel Industries (TPUTW) at .05 that expire on 03/07/2011. Barzel Industries Inc. engages in processing and distributing carbon steel, stainless steel, and aluminum products in the United States and Canada.
Their last quarter was really really bad but their Outlook looks good http://tinyurl.com/l48ves. It's a pure speculative pick and does not make sense to chase it but makes sense to add it to your watchlist and take actions accordingly.
Want a lottery ticket? - I added PGV to my watchlist couple of days back when it was trading at $3. Velocity Portfolio Group, Inc., through its subsidiaries, operates as a portfolio management company in the United States. It engages in the acquisition, management, collection, and servicing of distressed assets comprising consumer receivable portfolios, interests in distressed real property, and tax lien certificates.........Sounds like a perfect fit for this economy!!. It hit $5 yesterday on 50 times it average daily volume and today it hit $10 and is now trading at $7.50........on 200 times its daily average volume. I was hesitant to post it at $3 becuase I was not sure about that company but after doing some research it looks like this stock is for you if you want to be a Hero! but seriously some people make money by quick entry and exits.
The beauty of this stock is it has a very tiny float (266K)
http://finance.yahoo.com/q/ks?s=PGV.
Now its up to you. Want to be another Mr.Incredible? lol
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Clean Air Technology Play - TSTA.OB
Turbosonic Technologies (TSTA.OB) - TurboSonic Technologies (www.turbosonic.com) designs and markets air pollution control technologies to industrial customers worldwide.
I just took a small position at $1.10.
Summary -
Other picks ready for a breakout - Add to your watchlist. More DD will be provided soon
Ticker - Current price
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
I just took a small position at $1.10.
Summary -
- TSTA had a good earnings - http://tinyurl.com/kp2o7s
- Positive outlook from CEO
- Tiny Float
- They just got a contract from a Multi-National companay - http://tinyurl.com/l5tl7n
- Government pushing for "Green" and "Clean" technologies.
- Volumes picking up and gaining market attention.
Other picks ready for a breakout - Add to your watchlist. More DD will be provided soon
Ticker - Current price
- PLGC.OB - .55
- GWSC.OB - 2.45 (found it at $1.85, hit $3.85 yesterday and is down now. speculative play but worth adding to your watchlist)
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Monday, June 15, 2009
LZR - Potential breakout play.
Emergent Group Inc (LZR) - The company offers surgical equipment and related technical services support to physicians and operating room personnel in hospitals, surgical care centers, and other health-related facilities on a per-procedure basis; and disposable products and/or ancillary equipment that are needed for a given medical procedure
I entered this stock at $4.85 and got out at around $8 in the last few months and it then went back and forth couple of time before its recent earnings. It now looks like the stock is having another technical breakout. It is at $10.80 right now and in my opinion it should go to $15 before its next earnings.
Dont chase but buy on pull back.
http://finance.yahoo.com/q/ks?s=LZR
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
I entered this stock at $4.85 and got out at around $8 in the last few months and it then went back and forth couple of time before its recent earnings. It now looks like the stock is having another technical breakout. It is at $10.80 right now and in my opinion it should go to $15 before its next earnings.
Dont chase but buy on pull back.
http://finance.yahoo.com/q/ks?s=LZR
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Saturday, June 13, 2009
Google Adsense Screwed up my blog.
I activated Google Adsense last night with an intention to provide you with more links to other financial websites, which I thought would be helpful for your DD but for some reason Blogger treated it as SPAM and started showing "warning page" when you launch the blog but please click on "PROCEED" and it will take you to the main page. I have sent a request to unlock the blog and here is the response from Mr.Blogger...
"We received your unlock request on June 13, 2009. On behalf of the robots, we apologize for locking your non-spam blog. Please be patient while we take a look at your blog and verify that it is not spam."
Sorry for the inconvenience (Newbie to Adsense)
Thank you
"We received your unlock request on June 13, 2009. On behalf of the robots, we apologize for locking your non-spam blog. Please be patient while we take a look at your blog and verify that it is not spam."
Sorry for the inconvenience (Newbie to Adsense)
Thank you
Thursday, June 11, 2009
MRGE at all time high. Other Stocks...
MRGE is trading at $3.42, its 52 week high. It is moving higher after consolidating nicely under $3 for some time and is now in a bullish territory. It could spike above $4 and get settled at high $3 before another breakout. My target is $5 or even more when it releases the next quarter numbers.
Other Stocks:
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Other Stocks:
- UTA at its all time high, $12.45. Congrats to those who bought it when it pulled back to $9.75 yesterday - http://madtrades.blogspot.com/2009/06/uta-inching-higher-in-pre-market-wait.html
- SKBO is at $16 on light volume tho. I called it at $14
- VPS is at $1.05. Just sitting. I think it is going to take time for this stock to regain the momo along with the other coffee stocks.
- ORS dipped little bit but nothing to worry.
- GORX - I will lose a small amount if I sell it here but after a major run it had on 06/09, I expected 2 things. 1. it could extend it profits the next day or give back 50% of its earlier gains and then consolidate there before having another leg up. It looks like the latter is going to happen. I took a small position so not to worry much.
- Last but not least SMCGW, one of the BRICs! just sitting there. Its at .08 and it is consolidating here. A major breakout will take this stock to .24 within no time. We have to wait for the time.
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Wednesday, June 10, 2009
Added some GORX at .89. Pure Speculative
GORX dropped to .75 this morning but I could not get it a that point since I was busy with something else. Even if I were available at that moment, I would not have bought it since it is the second day after it had a huge run and the trend is not that clear but the momo started to build up slowly and I have added a small position at .86. Let's see how this speculative pick is going to work.
Take a look at SMCG and SMCGW.
Millennium India Acquisition Company (SMCG) is a closed-end fund whose sole asset is a 14.44% equity stake in SMC Group, the fourth largest financial services company in India. As such, its stock price should reflect a direct correlation to value of SMC Group. SMC Group has been experiencing rapid growth in an expanding economy, representing an increase in perceived value. However, Millennium‘s stock price has been declining in recent months, indicating a counterintuitive inverse relationship between the two.
http://www.granadacapital.com/reports/MillenniumIndiaAcquisitionCo.pdf
copy and paste the above link.
Based on the above report its Net Asset Value as of March 2009 is $3.40 but the stock is trading at $1.90. Keep in mind that this March time period was horrible for global markets but markets picked up a lot since then. Based on that and other factors like Indian economy in general and recent elections that proved that the current government is going to be more stable than before, I think SMCG should be trading much higher from this level. SMCG is the only stock listed on NASDAQ to play Indian financial markets.
About Warrants (SMCGW) - The warrants have a strike price of $6 expiring July 2010 (Confirm with your broker). If the common stock (SMCG) moves up to $5 or $6 in medium term, the warrants that are currently trading at .09 could EXPLODE! It is a speculative play with high risk and high reward. SMCG does not have Options so when the momentum begins lot of traders will jump right on these warrants which will skyrocket then!
Disclosure - I am long SMCGW.
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Take a look at SMCG and SMCGW.
Millennium India Acquisition Company (SMCG) is a closed-end fund whose sole asset is a 14.44% equity stake in SMC Group, the fourth largest financial services company in India. As such, its stock price should reflect a direct correlation to value of SMC Group. SMC Group has been experiencing rapid growth in an expanding economy, representing an increase in perceived value. However, Millennium‘s stock price has been declining in recent months, indicating a counterintuitive inverse relationship between the two.
http://www.granadacapital.com/reports/MillenniumIndiaAcquisitionCo.pdf
copy and paste the above link.
Based on the above report its Net Asset Value as of March 2009 is $3.40 but the stock is trading at $1.90. Keep in mind that this March time period was horrible for global markets but markets picked up a lot since then. Based on that and other factors like Indian economy in general and recent elections that proved that the current government is going to be more stable than before, I think SMCG should be trading much higher from this level. SMCG is the only stock listed on NASDAQ to play Indian financial markets.
About Warrants (SMCGW) - The warrants have a strike price of $6 expiring July 2010 (Confirm with your broker). If the common stock (SMCG) moves up to $5 or $6 in medium term, the warrants that are currently trading at .09 could EXPLODE! It is a speculative play with high risk and high reward. SMCG does not have Options so when the momentum begins lot of traders will jump right on these warrants which will skyrocket then!
Disclosure - I am long SMCGW.
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Please note the Email name change
Dear subscribers,
Thank you all for your incredible response. I would like to inform you that from today onwards you will receive email alerts from me on the name of "Mr.Incredible's Stock Trading Newsletter". Please remember this change and do not add my emails to "Spam", lol. I started this blog for my buddies who always followed my trading tips and we use to communicate through phone or SMS but it is getting little tougher as the circle grows so I started this blog but now I see many new subscribers joining it. I would like to say I will do my best in posting the best of the ideas I have but please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations. As always please do your DD before investing, 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!!!
Please email me or respond with your comments on this blog if you have any suggestions for me.
Thanks again!
Mr.Incredible
Thank you all for your incredible response. I would like to inform you that from today onwards you will receive email alerts from me on the name of "Mr.Incredible's Stock Trading Newsletter". Please remember this change and do not add my emails to "Spam", lol. I started this blog for my buddies who always followed my trading tips and we use to communicate through phone or SMS but it is getting little tougher as the circle grows so I started this blog but now I see many new subscribers joining it. I would like to say I will do my best in posting the best of the ideas I have but please keep in mind that I am not a Stock Market Analyst or an Investment Adviser to count on my recommendations. As always please do your DD before investing, 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!!!
Please email me or respond with your comments on this blog if you have any suggestions for me.
Thanks again!
Mr.Incredible
Tuesday, June 9, 2009
Take a look at GORX. Up 132% on Huge Volume
This is for day trades only - I do not know anything about GORX but it just caught my attention while I was browsing through my stock analyzer. It is up 132% today and had a strong closing at $1 after hours but there is no news for this move. Based on its mega volume and price action, a lot of day traders might have entered it today but we have to see if they are going to exit or continue to take it up further. Its my personal opinion that it could shoot up another 35 to 40% and then start dropping down once the day traders exit. You can play a "dead cat bounce" type of trade with this type of momo stocks.
Update on other stocks:
Update on other stocks:
- ORS up 20% after my first call (This was initially called at .75 before I started this blog)
- SKBO closed at $16 - My call was at $14 (lot more room to go up)
- UTA - Holding onto its gains nicely
- VPS - Just sitting there but once the momo picks you are going to see a 50 to 60% spike instantly.
SKBO's spread is reasonable. It is going to be a WILD Ride
SKBO hit $18.50 this morning on low volume though. Keep in mind that there will be a huge gap between BID/ASK for most of these tiny float stocks, which makes them trade on light volumes but once they get the attention of market players the gap will reduce. SKBO's current bid/ask is 14.25/14.75 which seems to be reasonable (Please DO NOT chase but wait for the opportunity). I would not chase the stock but keep an eye on it and get some if it drops and you've got be quick in getting in and out of these stocks because you never know when they are going to turn down.
Other Stocks - So far UTA looks pretty good, VPS started to move. Here are couple of technical plays.
MRGE - Merge Healthcare’s solutions solve mission-critical issues for radiology practices, outpatient imaging centers, hospitals, pharmaceutical companies and device manufacturers worldwide. Our technologies and toolkits help companies provide innovative imaging applications to their customers. For additional information, visit www.merge.com.
They recently entered China alliancing with China's largest domestic health provider, which is big for a small company like MRGE. Stock is currently trading at $3. Based on technicals and other recent developments (acquiring ETrails) , I think the stock has more upside potential from here and my short term traget is $4.50 - $5
http://finance.yahoo.com/news/Merge-Healthcare-Partners-bw-15213718.html?.v=4
Another technical breakout play is ORS, currently trading at $1.05. Based on its price action and recent volumes, I would be a buyer at .95 and I think we can expect 50% return from here.
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Other Stocks - So far UTA looks pretty good, VPS started to move. Here are couple of technical plays.
MRGE - Merge Healthcare’s solutions solve mission-critical issues for radiology practices, outpatient imaging centers, hospitals, pharmaceutical companies and device manufacturers worldwide. Our technologies and toolkits help companies provide innovative imaging applications to their customers. For additional information, visit www.merge.com.
They recently entered China alliancing with China's largest domestic health provider, which is big for a small company like MRGE. Stock is currently trading at $3. Based on technicals and other recent developments (acquiring ETrails) , I think the stock has more upside potential from here and my short term traget is $4.50 - $5
http://finance.yahoo.com/news/Merge-Healthcare-Partners-bw-15213718.html?.v=4
Another technical breakout play is ORS, currently trading at $1.05. Based on its price action and recent volumes, I would be a buyer at .95 and I think we can expect 50% return from here.
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 but don't blame me for your losses because you are the one who pulled the trigger!!!
Monday, June 8, 2009
UTA up 30% since my first call at $8.75
UTA closed at $11.14 today. It has been up 30% so far after my initial call at $8.75 and I think it has more upside. It is still bullish, however dont chase it but buy on dips.
Other stocks - VPS and SKBO.OB are also going to move higher. I just found one more Chinese Biotech, China-Biotics CHBT similar to Skystar(SKBO). CHBT has a composite rating of 98 by IBD, which is pretyy good and here is their recent 10K, which looks Great!
http://biz.yahoo.com/e/090424/chbt10-k_a.html
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!!!
Other stocks - VPS and SKBO.OB are also going to move higher. I just found one more Chinese Biotech, China-Biotics CHBT similar to Skystar(SKBO). CHBT has a composite rating of 98 by IBD, which is pretyy good and here is their recent 10K, which looks Great!
http://biz.yahoo.com/e/090424/chbt10-k_a.html
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!!!
SKBO.OB is the next OGXI. Huge upside ahead!
Skystar Bio-Pharma (SKBO.OB) is a China-based developer and distributor of veterinary healthcare and medical care products. Skystar has four product lines (veterinary medicines, microorganisms, vaccines and feed additives) and over 170 products, with over 40 additional products in the developmental stage. Skystar has formed strategic sales distribution networks covering 29 provinces throughout China. For additional information, please visit
http://www.skystarbio-pharmaceutical.com/
SKBO recently announced a 10-for-1 reverse split of its issued and outstanding common shares, effective for shareholders of record on May 12, 2009, and a proportional reduction of its authorized common shares. Immediately after the stock split, Skystar has 1,869,297 common shares issued and outstanding and 20,000,000 common shares authorized.
http://www.sec.gov/Archives/edgar/data/1076939/000114420409030850/v151553_fwp.htm
Caution - 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!!!
http://www.skystarbio-pharmaceutical.com/
SKBO recently announced a 10-for-1 reverse split of its issued and outstanding common shares, effective for shareholders of record on May 12, 2009, and a proportional reduction of its authorized common shares. Immediately after the stock split, Skystar has 1,869,297 common shares issued and outstanding and 20,000,000 common shares authorized.
According to its CEO - "We undertook the reverse stock split as part of our plan to list our common stock for trading with a senior exchange," commented CEO, Mr. Weibing Lu. "We are hopeful that this will bring us one step closer to that goal."
SKBO closed at $14. I would take a small position if the stock pulls back to $12 and I see a huge upside to SKBO once it gets listed on NASDAQ and when their new manufacturing facility completes by 4th Q of 2009. For more information on their revenues and growth story, take a look at their filing here..
Take a look at their growth Story -http://www.sec.gov/Archives/edgar/data/1076939/000114420409030850/v151553_fwp.htm
Caution - 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!!!
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Who is Mr.Incredible?
- Mr.Incredible
- 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!!!