If you follow this blog you know that we've had our eyes on CIRT for some time. We frequently noted it as a stock to watch. We also made it our stock pick at our site -http://www.pennystockforums.net/GH_ShowArticle.asp?HID=211&CATID=12345 - and compared CIRT's potential, as far as price appreciation was concerned, to LNGT. LNGT was our pick in late August of last year. The stock went from $.0013 to $.16 over the course of a few weeks posting monster gains for shareholders.
We felt CIRT would have a decent run, but never anticipated it rising 1,150% in a single day. The number alone is tough to comprehend. If you had purchased $500 worth of CIRT at $.001 today it would be worth $5,000 as of todays close. Now that is truly amazing. What is more amazing is that this rally could continue well into the end of the week. This already has all the makings of the next LNGT. But don't forget to take your profits as well. The mighty rise quick but tend to fall even faster. There is no certainty the rally will continue, but the buying today indicates that CIRT isn't done yet - not by a longshot.
Our New forum stock pick CDTR - Cardtrend International - is much like our other stock picks that have performed remarkably well. We posted CIRT as our pick when volume was light and attention was else where. We made GWTR our pick when the stock was down and out at $.0015 a share. It rose from there to $.012 a share. We are posting CDTR now before people realize its value. According to its most recent filing CDTR has over $6 million in shareholder equity. That means for $.04 a share you are getting a company that truly has value. Revenue is over $1 a share for the last reported 9 months with a gross profit exceeding $300,000!
Also consider the growing insider ownership as well as the accumulation that the stock has been under over the last 6 months.
Eventually this stock will be recognized as being undervalued and the price of the stock will begin to reflect its value. Until then it is our opinion that CDTR is trading at a huge discount.
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