PLPE.OB - Get paid for socializing!

Here is what PeopleString management says about their company.

What is PeopleString?
PeopleString 'Where You Own the Web'. It is the new wave in relationship and social communities; it has the Creativity, Culture, Expressive Forums and places to meet new people and network; but now it combines all that with giving you a share in the revenues that are created by the users of the website.

The 'other' social sites keep all of the money for themselves and never give any to their users. They are making millions off of your actions and keeping it all. PeopleString shares the revenues that are generated by its members. This is unique for online social communities. Who other than PeopleString gives its members back up to 70% of their revenues? Click here to read more about PLPE.OB

My take on PLPE.OB - They came up with an interesting concept of "the more you use the more you earn". None of the social networking portals(facebook, twitter) pay back the revenues they get from their clients (ads) but PLPE is the first company that says it does revenue sharing with its users. For us what we get by referring the company to others will be negligible but the effect it is going to put on the stock price is going to be huge..Just like QPSA. I have signed up for their portal and you can find me by user id mrincredible and I created a group for our subscribers by name incredible traders, where you can join if you are interested. If you already bought the shares, I would strongly recommend that you subscribe to their portal and spread the word out..the more it goes into public the better are the chances of uptick in the stock price.

I have gone through the portal and found lot of things to be very interesting. However there is still lot needs to be done in order to attract the new users. The more people starts using the portal the higher are the chances of the it go through drastic changes. If the model is handled cleverly and carefully, this company can do some miracles and so do the share holders.

Oh btw, according to some sources another micro cap company, Bigstring (BSGC.OB) invested 30% in PeopleString and BSGC closed at .03 on Friday. Please go its message board to know some interesting things about both these companies.

Disclosure - Long PLPE.OB

That's it for now, Good night 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!!

PLPE.OB - Newly listed Social Media Stock

Here it is, PeopleString Inc (PLPE.OB), click here. is a newly listed on OTC Exchange. I entered it at $1. This going to be another STVI.OB which we discussed earlier. This could be huge if they start working with Facebook or any other social media companies that are HOT now!!! I will update the blog as I get more updates on this new stock.

Other updates -

Added a big chunk of Feb 2011 $32 calls expiring on 02/1 8 between $1.20 and $1.60 in the last couple of days and sold them today at $2.25 or so...Keeping 50 calls more, which I think I will sell as the market deteriorates.

Have a nice weekend 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!!

Is volatality going to return?

It sure looks like we are going to see some mini wild swings which would benefit ETNs like VXX. The VXX is an ETN designed to track VIX futures. Investing in VXX is essentially equivalent to exposure to daily rolling long position in the first and second month VIX futures contracts. An investment represents the implied volatility of the S&P 500 at various points along the volatility forward curve. What is the relationship between VXX and VIX? Click here to read more.

I just bought Feb 2011 $32 calls expiring on 02/18 for $2.60. It's down a bit after I bought it..as usual, right? lol. It's my personal opinion that markets could pull back at least 2% between now and Feb 15th. I hope I am right.

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!!

GENE on Fire!!!

Congrats if you bought GENE on when we alerted it at $2.50 on 01/13 and 01/14, click here. It is now at $6.50 and running up. I do not have details of why it is running that high. The reason for my call was my sixth sense..lol. I think IFON and CRIS will also run soon.

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!!

What to buy when Apple and IBM crushed the numbers?

It is nothing but ARMH (ARM Holdings Plc), which designs microprocessors, physical intellectual property (IP), and related technology and software, as well as sells development tools to enhance the performance of high-volume embedded applications. Its ubiquitous chip technology is found in about 95% of the world’s mobile microprocessors (Iphone Ipad etc). Apple sold as many as 7.3 million Ipads in the holday quarter and it was more than analysts predicted and it really counts for ARMH investors. The recent numbers from Apple, IBM and the news about Microsoft going to use ARMH chips in their new operating system is going to reflect on its earnings, which are due on 02-01-2011. The stock hovered between $15 and $20 for almost six months and suddenly got a boost in the last couple of weeks after Microsoft said it is going to design a Windows operating system compatible with ARM's chips and Goldman Sach's upgrade.

ARMH closed at $26 today and in my opinion this stock is still cheap and should be trading in the mid $40s in the next 6 months.

I would like to see how Artisan Components, which was bought by ARM in 2004 for $1 billion performed in the recent quarter. The unit, which makes the building blocks of integrated circuits, has “underperformed significantly,” says Analyst Mark Davis of stockbrokers Panmure Gordon and is behind where the company once thought it would be. But, he adds, “if that starts to move to profitability over the next 18 months, it could be a good boost for the business.”

Click here for ARMH's last quarter results

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!!

Stocks with upside potential - IFON, CLRO, GENE, CRIS

Based on the price action and volumes I think IFON, CLRO, GENE, and CRIS are going move up. Among these IFON, CLRO, and CRIS have some supporting argument to say why they could go up, which I think we can discuss in the comments section.

MNTX crossed $5..alerted at $3.5 on 11/24/10 along with other gems like TIII and MITK.OB..all up a ton, click here

Disclosure - Long IFON and CRIS. I am waiting for a pull back on CLRO. I like this stock very much.

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!!

3 Breakout Picks - RFMI, ORCH, IFON

RFMI, ORCH, and IFON a week ago when they were trading at lower prices than what they are at today. I would add them on a pullback. As of the time I posted this article I do not have an y positions in these 3 stocks.

RFMI looks like another TIII - click here for their last Q. Current price $2.20, Target $3.50 - Buy on a pullback ($1.85)
ORCH - Current price $2.12, Short term target $3.25 - Buy on a pullback ($1.95 to $2)
IFON - Current price .92, short term target $1.50 to $2 - Buy on a pullback ($.84)

I have GENE also on my watchlist but seems risky. Keep any eye on it.

After after a rough week, REEs seem to be coming back again. I just added some AVL (Avalon Rare Metals Inc) at $6.8 this morning.

Congrats to those who bought and hold MITK.OB (alerted at $3.90 in November and it closed at $6.50 yesterday!)TIIII, ACAD and other winner picks. VSCP started to move. RPRX is a buy here $2.7. Unhappy with OSN but am still holding it :(

Disclosure - Long VSCP, AVL, RPRX

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!!

DNRR.OB - Speculative Molybdenum Play

Denarii Resources Inc - DNRR.OB is a higly speculative, ultra low float Molybdenum play, which is just gaining the traders' attention. There are very few detals about this mining company so there is not much I can write about it. But there are couple of PRs from the management in the last month. Cick here. XING is also a Molybdenum company and DNRR is gaining lot of attention as XING is in bull run now. I added DNRR at .02. Again this is purely a speculative play. It could go to 0 or it could hit $2, who know what's in their properties other than the insiders but I thought of being ahead of the game by taking some risk before they announce what's the properties are worth.

Also watch GFCB (added to my watchlist at $2.85 couple of days ago, now trading at $5 :(..ultra low float food and beverage company), MNTX (alerted at $3.64, now trading at $4.25)

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!!

Congrats to TIII and MITK.OB longs

TIII and MITK.OB were blogged when they were trading at $2.20 and $3.90 respectively on 12/24/2010, click here. Today TIII is at $3.18 and MITK.OB at $5.90.

I added some more RPRX at $2.80. Sold some SHZ at $8.30, Bought MCP January 2011 strike price $45 Puts at $1.00. MCP is having heavy resistance at $57.70 and I think we will see a big pull back, which could let Puts run higher. Target on puts $2.25.

CXZ seems to be weak today. Any pullback is a buying opportunity with this stock.

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!!

Happy New Year 2011!

Dear Subscribers,

I wish you and your family a Happy, Healthy and a Prosperous New Year 2011!

Good luck with your trading/investing!
Mr. Incredible

Buy VSCP - Target $4 in 2011

VirtualScopics, Inc. (VSCP) provides imaging solutions for clinical trials serving the pharmaceutical, biotechnology, and medical device industries, Read more. VSCP is currently trading at $2.11 and I expect it to hit $4 in the next few months.

TIII had a great day today. Congrats if you are still holding it!

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!!

OSN - Chinese New Rare Earth Metal IPO

I just discovered OSN (Ossen Innovation Co., Ltd.), which IPO'd last week, 12/21. Got it it at $5.4 in the Pre-Market. Target $8. Tiny float, money making company..looks far better than other pump and dumps..Read more here..sorry no time to explain more..I apologize if there is any incorrect information in this..please do some DD.

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!!

Mind-blowing move from SHZ!!!

I never expected that SHZ would move that fast that high! I sold all of my stock between $5.45 and $8. I should have waited for little long but never expected such a wild move. We alerted about SHZ at $2 in October, click here and then at $4.45 on 12/27, click here. The run might extend tomorrow also but you have to keep in mind that it created a parabolic trend today and it got to correct itself. If you are still holding it, I would recommend to sell it and get back when the craze fades. I think $7.50 - $8.25 would be the new entry point again.

XING is the another stock that always goes in parallel with SHZ. I bought XING at $2.75 after hours yesterday and sold half within in an hour at $3.05. I am expecting a huge run in XING today at which time I will be selling the remaining half.

CXZ- It looked like there was some sell off in this stock in yesterday's morning session while its peers were rallying..not sure why it was different from the others but I took it as a buying opportunity and added some more at $2.14. It closed at $2.31. I am very bullish on this stock and sincerely believe that it is going to cross $4 soon!

C (CITI Bank) - I loaded Citi Jan 2011 calls..strike price $5 at .08. I predict that C is going to hit $5.15 before the options expiry date which would explode the Jan calls.

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!!

CXZ - Ready to take off!

CXZ (Crosshair Exploration & Mining Corp) - We initiated coverage on CXZ when it was trading at $2 on 12/23, click here. We introduced it as a Uranium stock but after doing some research it turned out to be a rare metal company, which mines Valadium, a rare metal predominantly used as a strengthening additive in steel and some forms of iron. Roughly 85% of vanadium is used in the high performance steel industry. Another 10% is used as an essential alloying element for titanium. Vanadium has become indispensable for many industrial and domestic products and processes. Other uses of vanadium include as a catalyst in the manufacturing of sulfuric acid as well as in ceramics and glass manufacturing. Read more here.

Rapidly rising demand
Demand for vanadium is expected to grow at a compound annual rate of 7.8% through to 2015, fuelled by continuing strong world demand and tightening global supply. There are several factors that will continue to influence the demand for vanadium including:

1. China, which currently consumes almost 40% of world steel production, is increasing its demand for steel that contains vanadium
2. India’s steel production will almost double from 65 million tonnes to 124 million tonnes a year by 2011
3. World markets estimate total global infrastructure spending over the next 20 years will reach $35-trillion – with many of those projects requiring vanadium

With today's news that China is going to reduce its rare earth exports by 10% in 2011 is going to boost up the demand for rare earth companies like CXZ, SHZ, REE, MCP and others, click here. CXZ is going to be the hottest stock in the future because it is already in the process of exploring Uranium, Vanadium, Gold, and precious metals, which can be taken as an inflation protected investment and or green energy investment.

Prediction - Compared it its peers (nuclear explorers) like URG and URRE, CXZ has as smaller float with high chances of crossing $4 soon. It even has the potential to hit $10 long term (provided there are no secondary offerings down the line)

Disclosure - Long SHZ, URG, and CXZ

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!!

Congrats if you made money on RPRX!

RPRX longs had an excellent day today. I added a ton at $2.70 in the pre-market today and my average price was $2.55. I unloaded most of my holdings between $3.55 and $4.45 for decent margins. I bought ACAD again at $1.26 this morning. This is going to be the next one to run up.

Technical Play - SHZ (China Shen Zhou Mining & Resources, Inc) is one of the Chinese Rare Metals play which started to attract the investors when it announced the amount of Fluorite deposits it is having and the profits it's going to make in the future, click here for full story. SHZ looks like a double edged sword, 1. It is in one of the hottest sector that is considered to be rare and 2. Technically it looks super bullish. Please take a look at the double bottom chart of SHZ below. In my opinion this stock will be be hitting $6.50 plus after couple of consolidation points, which I think is going to happen soon. We initially alerted our subscribers about SHZ on 10/19/2010 when it was trading at $2.20, but since there were some unknowns with this company and also we had better plays like REE and MCP we kind of overlooked SHZ but now it looks much stronger than in the past and I believe it is going to jump to new highs from here onwards.


Disclosure - Long RPRX, ACAD, and SHZ

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!!

Disclosure on RPRX and ACAD

Sorry that I forgot to disclose my position on RPRX and ACAD in my previous post. I am long both the stocks. I entered RPRX at $2.44(it was not $1.35 as mentioned in the blog that was just sent out. I think it is time for me to sleep now ;) and ACAD at $1.40 last Thursday, 12/23. I do not have any positions in CBRX or BPAX.

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!!!

2 Low Float Biotech Stocks set to take off

It looks like RPRX (Repros Therapeutics Inc) and ACAD (ACADIA Pharmaceuticals Inc) are going to continue their run in coming sessions. These stocks were already up 81% and 30% last Thursday but are set to take off once again. RPRX was up on the news of positive developments for its experimental testosterone deficiency drug, Androxal. Read more. Technically this stock is already in Bull's control and I think it is going to hit $4 plus soon. Normally stocks like RPRX gives great opportunities for swing and momentum traders who get in and out quickly but the developments in RPRX's product line looks promising so I think it can be added to one's portfolio as a medium to long term holding.

Coming to ACAD, there is no news about this stock but it has been under heavy accumulation for the last few days and I strongly believe that it is going to double soon.

Other biotech stocks to add to your watchlist, BPAX and CBRX. There is high possibility for these stocks to move up if RPRX and ACAD are able to achieve our targets.

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!!!

CXZ - New Uranium Play

CXZ got reverse split recently and is just getting active traders attention. I just entered it at $2 Keep an eye on it. click here. URG is also up nicely! Also keep an eye on EDAP.

CVOL for Volatility Lovers

Citi Group recently introduced an ETN called Citi Volatility Index Total Return (CVOL), a benchmark designed to measure directional exposure to the implied volatility of large cap U.S. stocks . This is a 2x volatility ETN with portfolio containing basket of shares that short the S&P 500 Total Return index, with a variable weighting. This is a complicated instrument and you have to have a strong stomach to invest in it. Click here to read more about CVOL. As per Bloomberg, it has a market cap of $13M with NAV of $68.30, click here. I took a small position at $66 this afternoon. I will make a decent amount if market turns Red tomorrow :) Sorry bulls, we got to play it both the ways to make money in this market. Not many traders knew about this new ETN but it is going to get beasty once the volatility kicks in and more players jump on it.

If you are interested in investing/trading CVOL in the future, I would suggest you read this document before you take any action. click here

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!!!

Update on VTRO and other stocks

Why VTRO was beaten down so bad recently? but why is it going to run up again?

Read this blog, click here. They have more information than I do. I believe that just short squeeze is going to take this stock back to $7 level.

Other updates - Bought BAC at $12, target price $12.75 to $13. I just broke my rules yesterday and bought DANG at $29.5, expecting $33 or $34 in tomorrow's morning session. Added more URG at $2.16. Added a ton of IRE at $2.55 and got out at $2.75 but still holding those core shares, which were bought at $1.49 and $1.75. I am still holding MTSL, ZGNX, SURG, and TIII

Regarding Uranium - The spot price is going to shoot through roof in the future due to the pent up demand by world nations particularly China and India, which just joined the club. The recent downtrend is due to correction and according to a report - "In the past week, buyer interest diminished and while purchases are still considered, parties looking to buy substantial quantities are exercising significant discretion. On the supplier side, prices are holding firm as near-term supply stocks have been reduced by the recent spate of buying activity."

India and France going to lift the Uranium prices, click here.

Buy as much as URG, URRE, UEC, and some other value uranium picks as you can. This is going to be like gold. I strongly believe that at some point the price of Uranium goes into parabolic trend and then we will see 50% or even more profit margins on these picks. Again before jumping on any recommendations, please do your DD and take your risk appetite into consideration.

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 Chinese IPOs - LEDS, TUDO, DANG, YOKU

YOKU and DANG are going get listed on NYSE today.

YOKU (China's version of Youtube) is the leading player in China's online video market, boasting a 40% share of user time and over 260 million unique visitors per month. The company licenses professional content such as movies and TV shows, which account for the majority of traffic, as well as user-generated content. Like its US-based counterparts, Youku generates revenue from ads placed on its site by both domestic and global companies, which include Procter & Gamble and Coca Cola. Though Youku is still losing money, it booked a positive gross profit in the most recent quarter, and its scalable online platform should provide for rapid margin expansion as it benefits from the fast-growing online video market (76% CAGR through 2013).

IPO Details
Deal Size - $146.0 mm
Price Range - $9 - $11
Shares Offered - 15.4 mm
Lead Manager(s) - Goldman Sachs (Asia)

Recommendation - I am not going to jump on it as there will be a lot of hype involved with this IPO. I also think it is going to open way above the range. I am going to put it on my radar and will trade accordingly.

DANG (China's version of Amazon) - E-Commerce China Dangdang was founded in 1999 by a husband-and-wife team with experience in the publishing industry, and is now the country's leading online book seller with an impressive 50% share. Over the past decade, the company has expanded its product offering to include over 590,000 book titles, developed a nationwide distribution network of 10 warehouses, built brand recognition and developed a loyal customer base (repeat customers were 78% of YTD sales). Going forward, E-Commerce China Dangdang plans to focus on general merchandise products such as beauty, personal care and home decor, and is well-positioned to benefit from China's rapidly growing e-commerce market, which is forecasted to hit $30 billion by 2013 (90%+ CAGR

IPO Details - DANG raised $272 million by selling 17 million ADSs at $16, above an upwardly revised range of $13 to $15. The company originally filed with a price range of $11-$13 per ADS. The $16 offer price, which represents a 33% increase from the original midpoint, puts Dangdang's fully diluted market value in excess of $1.3 billion. Often referred to as the Amazon.com of China, Dangdang generated $218 million in sales in 2009, an increase of 90% over 2008. In the first nine months of 2010, the company's sales jumped 56% to $235 million. E-Commerce China Dangdang is expected to open for trading on Wednesday on the NYSE under the symbol "DANG". Credit Suisse and Morgan Stanley acted as lead managers on the deal

Recommendation - I am not going to jump on it as there will be a lot of hype involved with this IPO. I also think it is going to open way above the range. I am going to put it on my radar and will trade accordingly.

Other Chinese IPOs - LEDS, TUDO (YOKU's competitor), China Shengda Packaging Group (CPGI), film distributor Bona Film Group (BONA), auto retailer Lentuo International (LAS) and mobile application store Sky-mobi Limited (MOBI).

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!!!

SURG - Looks like it is going to surge

I just bought some SURG at $4 after looking at its technicals and their past quarter. Synergetics USA, Inc., a medical device company, engages in the design, manufacture, and marketing of microsurgical instruments and consumables primarily for ophthalmology and neurosurgery markets in the United States and internationally. The company’s product lines focus upon precision engineered, microsurgical, hand-held instruments, and the microscopic delivery of laser energy, ultrasound, electro surgery, aspiration, and illumination and irrigation that are delivered in multiple combinations. Read the remaining profile here.

SURG is a small float stock with a potential to hit $6 in the coming sessions. They are going to release 1st quarter numbers on 12/14 and a conference call on 12/15. We might see a surge before the earnings and here is what CEO said during their last quarter.

"We are very positive about growing neurosurgery sales in the future through our marketing partners due to their greater penetration of both domestic and international markets."

If they are able to meet the market expectations, this could easily run to $6.

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!!!

ZGNX - New IPO

I just took a long position in Zogenix (ZGNX), which recently IPO'd for $4. Zogenix is a pharmaceutical company commercializing and developing products for the treatment of central nervous system disorders and pain. Our first commercial product, Sumavel™ DosePro™ (sumatriptan injection) Needle-free Delivery System, was launched in January 2010. Sumavel DosePro offers fast-acting, easy-to-use, needle-free subcutaneous administration of sumatriptan for the acute treatment of migraine and cluster headache in a pre-filled, single-use delivery system. They recently got approval in Denmark for the needle-free version of the migraine treatment sumatriptan. Read more about ZGNX here.

This is a low float stock with a potential to hit $7. My entry price was $5. My other long position for today is JADE at $4.06, Target $5.25. Reason for buying JADE is I like their guidance. Read here.

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!!!

MTSL - The Beast is Unleashed!

Guys, it looks like the good spells of good witch that worked on RITT is working on MTSL now. The beast is unleashed finally! okay, if you guys observed today's volume/price action you must have noticed the asks being absorbed in quantities at any offered price. Yes, there is some profit booking by those folks who bought it at $1.80 or so but the stock price sustained the pressure between $2.50 and $3.00 and finally closed at $3.06 and hit $3.38 after hours. Technically this is a very very bullish sign. Coming to the short side of the game, as of 11/15 the short interest has gone down by 50% (from 11001 to 5651), which tells people who shorted it during the last rise covered most of their positions expecting a "BIG" move in the future. In my honest opinion, we have not seen that "BIG" move yet. Like I predicted in my previous post, MTSL is going to cross its 52 week high and it is not going to stop there. I think this is going to be the next RITT. Of course I am sure we are going to have a bumpy ride but if the next quarter numbers are better than this quarter and with some positive PRs in the mean time, we are going to see MTSL at a much higher price than anyone of us predicted.

That's it for now. I need to catch some ZZZs!

See you at $5 tomorrow! Good night!

Special Warning on Micro Cap Stocks - Ultra low float stocks are always risky to enter them late or shorting them too early. You gotta be fast, smart and thoughtful when you deal with these beasts. Finally, tips are mine but risk/reward is yours.

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!!!

TSRID - Just came up on my screen

TSRID - New reverse split play currently trading at $6.50. I see CDTI and LIVE in TSRID. This is a ultra low float stock just catching the attention of low float players. This is not a buy recommendation. Just keep it on your watchlist and do your magic :)

Special Warning on Micro Cap Stocks - Ultra low float stocks are always risky to enter them late or shorting them too early. You gotta be fast, smart and thoughtful when you deal with these beasts. Finally, tips are mine but risk/reward is yours.

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!!!

RITT hit all time high in Pre Market!

RITT - Wow! That was an incredible run from $2.00 to $10.50 in the pre-market. I alerted about this beast when I bought it at $2 on 10/22/10. Click here for the link. Since then I have mentioned about it in some of my previous blogs. I sold all of my holdings between $5 and $8 for a hefty profit! I do not regret much for not holding because that's the nature of the game and you've got to play it that way. Whenever we experience a major run like this one, we always find the remaining low float stocks getting ready to explode. I have all my focus on MTSL now. Yes the financials in the last quarter were not that great but showed some yoy improvement, which is not enough but keeping its previous behavior and its micro float in mind past, I added some more at $2 yesterday. No matter what, MTSL is going to break its 52 Week high soon!

I am not recommending this stock to anyone but keep it on your radar and play the game based on your risk appetite.

Good luck to all!

Special Warning on Micro Cap Stocks - Ultra low float stocks are always risky to enter them late or shorting them too early. You gotta be fast, smart and thoughtful when you deal with these beasts. Finally, tips are mine but risk/reward is yours.

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 new Uranium pick - URG

UR Energy (URG) - I just got this uranium company on my screen and bought a small chunk at $2.00. I have not mentioned this ticker along with the other Uranium tickers couple of weeks ago, click here. All of them had nice profits since I posted them on this blog but I think there is lot more upside to Uranium stocks. Here is some information about URG,

Is IRE the next C or BAC - If you want to some chances, here it is. IRE (Bank of Ireland). Long story short, IRE is the largest Irish bank, which is one amongst the 3 or 4 banks that got bailed out last weekend. Banks got $10 Billion Euros as bailout money and were asked by IMF/EU to utilize their internal resources like Pension funds and other capital sources to recapitalize their banks. This is good news because this path does not lead to nationalizing IRE, which is given some time to raise the funds. The deadline to raise somewhere around 2 Billion EURs is 02-28-2010, which is a good news for both shareholders and bond holders. No haircuts at least for now :) I think IRE is out of the woods for now and I honestly think that it is a safe bet to go long on this stock.

Disclaimer - Long IRE and URG

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 picks are here - TIII MITK.OB MTNX

Hello everyone,

Hope you all are getting ready for thanksgiving with family and friends. I have been recently playing Irish bank stocks, IRE and AIB as swing trades. I am long IRE. It's a high risk/reward play. I am just taking chances hoping that it will turn out to be another C or BAC. I hope I am right!

Here are a few picks that came on my screen and I just put them on my radar last week and I am positive that they could easy double from here.

TIII, MITK.OB, MNTX

TIII - $2.20, Here is its recent 10Q and sexy key stats
MITK.OB - $3.90, Here is its recent earnings. They make mobile apps for smart phones for check deposits, bill payments and other online services. Buy on a pull back.
MNTX - $3.64 - Momentum is going to build. This stock had a decent quarter but the management seems to be too conservative so its little uncomfortable to read too many "SPECIAL NOTE REGARDING FORWARD-LOOKING STATEMENTS" in the report.

Finally VTRO started to move again. It's holiday season and with their new apps in place they are going to get good deal of online pay-per-clicks revenue and new subscribers for alot.com. Short term target is $7.5

That's it for now guys!

Have a great Holiday!

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!!!

Great Numbers from OINK!

OINK crushed earnings!!! Here are some 3Q financial highlights --- Revenue was $5.5 million, representing an increase of 76% as compared to the third quarter of 2009

-- Revenue was $15.5 million, an increase of 69% as compared to the first
nine months of 2009
-- Breeder hog revenue increased over 150% while meat hog revenue
increased 38% over the comparable 2009 period. As a result, breeder
revenue comprised 40% of the Company's total revenue during the first
nine months
-- Gross profit more than doubled to $6.7 million with a gross margin of
43.3%, up more than seven percentage points from last year's level
-- Net income was $6.0 million, up 91% from 2009's first nine months

Read the remaining report by clicking here. My boring hog breeder proved to be much much better than that stupid tech stock (MTSL). I am very impressed with this quarter and the 2010 guidance, which says "The Company expects to report full year 2010 revenues of approximately $21 million, net income of $8.1 million to $8.3 million, and EPS of $0.90 to $0.92."

Bottomline - OINK will be a teenager by 4Q.

Good luck 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!!!