Tuesday, June 30, 2009
Update on SKBI (previously SKBO.OB)
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
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
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
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.
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
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.
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
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.
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.
"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...
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
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
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
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
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
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!
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!!!
UTA inching higher in Pre-market. Wait for a pull back
My short term target is $17
http://finance.yahoo.com/q/ks?s=UTA
Do your DD before investing.
Saturday, June 6, 2009
VPS is the next Hot Coffe Stock to BUY
Tim's comments - http://www.thestreet.com/video/index.html?clipId=10504408
Vermont's Coffee Business - http://www.crystalrock.com/coffee.htm
I entered VPS at $1.10 and will add more if it goes under a buck. This is a tiny float company with just 10 Million shares at float. This is a speculative trade and is for a quick buck. I am not worried about their IBD numbers and am sure that they are going to improve in the next quarters.
As usual Do your DD before investing.
Blog Archive
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2009
(41)
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▼
June
(20)
- Update on SKBI (previously SKBO.OB)
- Review of Incredible Trades
- CLFD - Obama's Broadband Play
- Update on MTMC's rollercoaster ride
- MTMC - Speculative Play
- DPW seems like a Turnaround story.
- PLGC up 100% since my first call
- MRGE at 52 Week High.
- Clean Air Technology Play - TSTA.OB
- LZR - Potential breakout play.
- Google Adsense Screwed up my blog.
- MRGE at all time high. Other Stocks...
- Added some GORX at .89. Pure Speculative
- Please note the Email name change
- Take a look at GORX. Up 132% on Huge Volume
- SKBO's spread is reasonable. It is going to be a W...
- UTA up 30% since my first call at $8.75
- SKBO.OB is the next OGXI. Huge upside ahead!
- UTA inching higher in Pre-market. Wait for a pull ...
- VPS is the next Hot Coffe Stock to BUY
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▼
June
(20)
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!!!