Thursday, February 3, 2011

LMLP and TRXAQ.PK

I just added LMLP, click here and TRXAQ.PK to my watchlist and bought a small position in TRXAQ.PK at $1.67. I would buy LMLP on a pullback and TRXAQ is a leading producers of titanium dioxide pigment and other specialty chemicals used in the manufacture of products such as paints, plastics, paper and batteries. TRXAQ is emerging from chapter 11, click here and based on some research points, I think this stock will easily double but at the same time it is risky.

Added some CRIS at $3, GLD Feb 4th $132 calls at .20., .30, .40 and got out at $1.20. Added Feb 11th expiry $133 calls at .80. Gold is going to start its bull run again.

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!!
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7 comments:

  1. AnonymousThu Feb 03, 04:12:00 PM EST

    hi, target of LMLP? thanks in advance.

    ReplyDelete
  2. Mr.IncredibleThu Feb 03, 05:25:00 PM EST

    This stock has all potential to hit $7 in a few months. I am not sure if they are into providing apps for Iphone or Android like MITK.OB, which we blogged on 11/24 at $3.50 ish..now it is at $5.10 before hitting the high of $6.60. Buy LMLP on a pull back.

    ReplyDelete
  3. AnonymousThu Feb 03, 05:34:00 PM EST

    Are you still long IFON? If so, what is your price target? Thanks.

    ReplyDelete
  4. Mr.IncredibleThu Feb 03, 05:40:00 PM EST

    Got out of IFON at $1.16 or so..will get back in when I see the strength and breakout.

    ReplyDelete
  5. AnonymousFri Feb 04, 04:21:00 AM EST

    I'm intrigued by LMLP with the huge volume today. I will keep an eye on it. Started a position in HDY yesterday and looking for a nice move up through next week. Looking to get out of IFON tomorrow, no strength at all.

    Rob Grande

    ReplyDelete
  6. Mr.IncredibleFri Feb 04, 01:48:00 PM EST

    Good luck with your new position in HDY. PeopleSting CEO is going to come on Pim Foxx's Taking Stock tonight 5:30 PM on Bloomberg. Next week will be interesting..

    Darin Myman, President & CEO of PeopleString Corp, To Appear On Bloomberg TV'S "Taking Stock With Pimm Fox" 5:30 PM, EST TonightLast update: 2/4/2011 8:30:03 AM

    ReplyDelete
  7. AnonymousFri Feb 04, 04:19:00 PM EST

    what do you think of URRE? seems like want to retest 3.50 level.

    ReplyDelete

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Who is Mr.Incredible?

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Mr.Incredible is a Momentum/Technical Breakout player who trades small/micro cap plays and who saw a 600% Growth since 2006, Yes even in this down market. I am going to post my real trades (including profits/losses) soon...As a general caution and advice Please start with a small position and always keep your stop losses in place just in case....As usual Do your DD before investing. Thank me for your profits and don't blame me for your losses because you are the one who pulled the trigger!!!