Sunday, January 31, 2010

TFBN - Just... Don't Do It. ------ Added To The Guru's Worst List

Trading stocks at their bottom can provide lucrative ways to make a profit.  Take SKGO, for example.  The stock was at $.0001 and now rests comfortably at $.0063.  That is the definition of lucrative.  Now take TFBN.  This is a stock that has taken investors money and nothing else.

Friday the stock closed at $.0004.  If you had bought this stock 6 months ago you would need this stock to get back to $80 a share just to break even.  That is what heavy dilution and a 2,000 for 1 reverse split will do to your hard earned money.

I have no problem playing some of these stocks for a bounce.  But in this case there will be no bounce and with so many other stocks running 1,000%'s of percent, why waste your time with TFBN.


Monday Watchlist - SKGO, PFEH, KATX, WAMUQ

SKGO merger news should give this stock a bid at the open.

PFEH looks poised for a big breakout.  It closed at $.0005 on Friday.

KATX is still in consolidation mode before its next move higher/lower.  The trend could take time to establish, but it's worth watching.

WAMUQ closed up double digits on Friday and could see some nice upward movement this week.  This is a stock worth a gamble if you have the money to lose.

SKGO - Merger News Should Push The Stock Higher At The Open

SKGO has posted impressive gains.  This formerly bidless stock has risen 6,300% in a little over 2 months.  The company released news on Friday after the market close that should provide a bevy of buyers at the open.

This is a tradeable stock with 3.8 billion outstanding shares out of a possible 4 billion authorized, up from 1.95 prior to January 7th, providing the liquidity.  This is a rather large number for a stock that is close to trading over $.01.  A quick look at the chart reveals a stock that is trading with less than a billion shares in the market.  Absent additional dilution the prospects for more gains are there, although after being up 6,300% it is tough to get 100% behind this stock.  I'd much rather be the one buying at the bottom than at the top.











SkyBridge Technology (SKGO) Finalizes Merger with Chinese Manufacturer

NANCHANG, China, Jan 29, 2010 /PRNewswire via COMTEX/ -- SkyBridge Technology Group, Inc. (SKGO; http://www.skybridgetechgroup.com/) today, after the market closed announced that the company had finalized the merger with the Chinese Jiangxi Sanhe Science and Technology Co., Ltd. ('Sanhe'; http://hgc11149.chinaw3.com/ English site). SKGO has been in the process of evaluating strong and strategically balanced partners for their plans to successfully raise the shareholder value and secure a solid future growth for the company. SKGO completed the Jiangxi Sanhe Science and Technology Co., Ltd. merger with a common share exchange (restricted shares) of approximately 600 million shares.
Sky Bridge Technology welcomes and introduces Jiangxi Sanhe Science and Technology Co., Ltd. to its shareholders and followers.
Jiangxi Sanhe Science and Technology Co., Ltd. produces and distributes environmentally friendly and recyclable 'plastic wood'. This environmental product doesn't hold any toxic residues of benzene, ammonia or formaldehyde, and it's entirely environmentally friendly and biodegradable. This product suits flooring, ceilings, internal and external wall panels, furniture, and other urban and rural installations. The company's products hold ISO9001-2000 quality certification and ISO14001-2004 environmental certification and the company received Jiangxi Province High-Tech Enterprise Certificate in 2006.
New incoming SKGO Ms. Yang Yu Fang CEO said, "This is tremendous news for both Sanhe and SKGO. I think the shareholders must appreciate the work of the SKGO management and its corporate advisors in raising this company from the dust. Sanhe brings value to SKGO shareholders, and we can't wait to get down to business. The 'plastic wood' lays at the center of Sanhe production and the company seeks ways to expand and find export opportunities for North America. Besides the plastic wood, the company also holds patents for earthquake-resistant building design and an effective wind turbine dynamo. We believe the shareholders greatly appreciate what's happening with SkyBridge today as we will strive to continuously increase the value of the company."
This merger is based on the targeted merger companies being able to meet and exceed both management and long-term shareholders reasonable expectations. The SKGO management works in concert with its preferred shareholders, certain accredited investors and its M&A advisors on this merger and has developed a complex preferred share exchange arrangement. The result will see SKGO current (both common and preferred) share structure unchanged and undisturbed for an estimated 12 to 24 months after the merger date.
Within the next 5 to 7 business days the company plans to issue a CEOs message, video and still images of the Sanhe factory and infrastructure in China.
Copies of patents will be filed with Pink Sheets along with other relevant documents relating to Sanhe shortly.
Ms. Yang Yu Fang CEO, Ms.Sun Xi Managing Director and Ms. Peng Yan Director of Sanhe intend to attend Shareholders Business and Expo Conference hosted by SKGO's M&A firm Mina Mar Group to be held in Toronto Canada April 9, 2010. Sanhe and SKGO management invite their shareholders and followers to visit the SKGO booth at the conference. Sanhe along with reps from SKGO's USA based operating subsidiary Shot In The Gas www.shotinthe gas.com will be available to answer any questions relating to their business, where both companies will demonstrate some of their technology and will make available samples of their products.
To be included in SKGO's email database for press releases and industry updates, please subscribe at or opt in with your email address at this link http://www.minamargroup.com/updates/.
Safe Harbor Statement
Information in this news release may contain statements about future expectations, plans, prospects or performance of SkyBridge Technology Group Inc. that constitute forward-looking statements for purposes of the Safe Harbor Provisions under the Private Securities Litigation Reform Act of 1995. The words or phrases "can be", "expects", "may affect", "believed", "estimate", "project" and similar words and phrases are intended to identify such forward-looking statements. SkyBridge Technology Group Inc. cautions you that any forward-looking information provided by or on behalf of SkyBridge Technology Group Inc. is not a guarantee of future performance. None of the information in this press release constitutes or is intended as an offer to sell securities or investment advice of any kind. SkyBridge Technology Group Inc.'s actual results may differ materially from those anticipated in such forward-looking statements as a result of various important factors, some of which are beyond SkyBridge Technology Group Inc.'s control. In addition to those discussed in SkyBridge Technology Group Inc.'s press releases, public filings, and statements by SkyBridge Technology Group Inc.'s management, including, but not limited to, SkyBridge Technology Group Inc.'s estimate of the sufficiency of its existing capital resources, SkyBridge Technology Group Inc.'s ability to raise additional capital to fund future operations, SkyBridge Technology Group Inc.'s ability to repay its existing indebtedness, the uncertainties involved in estimating market opportunities, and in identifying contracts which match SkyBridge Technology Group Inc.'s capability to be awarded contracts. All such forward-looking statements are current only as of the date on which such statements were made. SkyBridge Technology Group Inc. does not undertake any obligation to publicly update any forward-looking statement to reflect events or circumstances after the date on which any such statement is made or to reflect the occurrence of unanticipated events.
CONTACT: For any investor relations matters, please contact www.minamargroup.net/helpdesk; Investor Relations Department Inquiry, http://www.minamargroup.net (IR); For (M&A) and Corporate Matters, http://www.minamargroup.com
SOURCE SkyBridge Technology Group Inc.



www.prnewswire.com
Copyright (C) 2010 PR Newswire. All rights reserved

Friday, January 29, 2010

KATX - Coming Out Of Over-Bought Territory Will Be Healthy For This Stock

KATX fell less than 10% today.  This drop is helping clean up the chart for the next rally.  Nothing in this market should go straight up without a pull-back, unless it wants to crash.  Pull-back are a perfect chance for profit takers to leave the picture and new investors to hop aboard the money making train.

Mina Mar Group Commences Enforcement Against the Investors Hub Slander Judgment

 

The press release is below.  I do find some of it rather comical.  Other parts of the press release ring true.  As long as these "bashers" stick to the basics and post items that are based on factual evidence than there should not be a problem.  The article does not state that any of these "bashers" have been reprimanded by anyone.  So this press release appears to be much like a Pink Sheet company press release.....  it has a lot more fluff than brawn.

 

Mina Mar Group Commences Enforcement Against the Investors Hub Slander Judgment

TORONTO, Jan. 29 /PRNewswire/ - Mina Mar Group Inc. www.minamargroup.com/ (MMG) and Mina Mar Marketing Group www.minamargroup.net/ (MMMG) inform the public that the courts ruled in the favour of Mina Mar Group in slander lawsuit against Investors Hub. Copy of the certified court order can be found on this link http://www.minamargroup.com/client_interests.php
Miro Zecevic CEO of MMG said "Our business has boomed since we commenced the slander lawsuit. Once we were awarded the judgment it then sky rocketed into what can best be described as a hyper growth stage. This has created a surge of new clients both from the private and public sector seeking our services. This hyper growth has a ripple effect, which is trickling down to our clients and their shareholders. For example, we are introducing all new private company clients to our existing public company clients. Some of our public company clients are now engaged in 3 and 4 way merger discussions with companies 10 to 50 times their size. I encourage all CEOs of private and especially public companies and or their IR agents to join our efforts, either as a co plaintiff or we encourage them to start their own.
We encourage open dialogue and discussions with real shareholders but when a "work at home earn thousands of dollars" type of individual employed by short sellers and market makers start disseminating false and malicious information something must be done to curb this abuse and to rain them in.
We hope that our actions have broken the ice and that many CEO's and companies will follow in our foot steps. We have seen some great American companies with leading edge technologies (some who are in the process of joining us as clients) reduced to ashes, demoralized and at their wits end because of the heavy handed burden placed upon them by these unscrupulous individuals. Their ability to raise capital or just borrow moneys is crippled as lenders shy away from controversy. We have seen USA based companies offering their almost ready to launch projects shelved or sold to foreigners for pennies on the dollar. We are currently in negotiations with another USA based company that has certain green energy technology that can best be described as revolutionary ready to give up as they cant get a break to meet payroll and start marketing their products. Why the USA authorities allow this abuse to continue is alien to us but we intend to do our part to curb this abuse and destruction of small business.
No more we say! Things are about to change. Enough is enough! These bashers are self serving and cowards. They produce nothing. They create nothing. Their entire existence is dependant on destruction of other individual's hard work. Billions of dollars are erased in equities, effecting thousands of innocent people. Innovation and progress is thwarted. Entrepreneurs' dreams are lost simply because a few crafty and loosely organized individuals greed to make a quick profit. They pray on novice and unsuspecting followers like vultures. Yes they are good at what they do, and they are quite good at recruiting unsuspecting and novice followers. This begs the question, if these stock bashers are unhappy with a certain company why not simply liquidate their position and move on with their lives? Simply cut your loses and move on. The simple answer is their job is to bash. Reasoning with them is like asking the Taliban to fight in accordance with the Geneva Convention. Our message is simple. If you as a basher must stoop to this level of earning a living of posting false and malicious information, to each their own just be on notice that we will come after anyone when they falsely accuse any of our clients".
Our efforts are being noticed by companies and officials. We have received many acknowledgements and we will fight on for our clients and their shareholders. Yesterday, in accordance with Chinese customary business etiquette, ahead of any major or significant business events (MMG has several clients finalizing mergers and a dozen new China clients) a ceremonial celebration with the provincial government of Jianxi in China was held. In attendance were Vice Mayor of Nanchang City, Vice minister of Foreign Affairs Jianxi Province and the Deputy Secretary Nanchang City. The event featured two Jianxi client companies Sanhe Tech destined for SKGO merger and Jiang Xi Rongyu Pharmacutical Group, Inc subsidiary of HIRU. Other business leaders found the event a great networking venue for the businesses of the Jianxi region. MMG capped the evening off with a 5 figure donation to a Chinese charity that supports single mothers and battered women. In total $300,000 was raised for the charity foundation.
Get the Facts Right. The issuer works hard to continue to keep our shareholders informed, and news is updated frequently via Press Releases, Pink Sheet http://www.pinksheets.com/ filings, and updates to our websites. Other websites not sponsored, or recognized by the Company may provide misleading or disinformation to investors in order to manipulate trading patterns for a given stock. Always look for original content from trusted sources, rather than relying on 'excerpts' or discussion boards that may not give you the whole story. The Securities and Exchange Commission requires financial institutions or brokerage firms to provide their clients with documentation, describing the risks of investing in penny stocks.
ABOUT Mina Mar Group:
Mina Mar Group (MMG) is a corporate consultancy firm that specializes in small cap or OTC market business services, including public markets in Frankfurt, Germany, and UK. Our focus is on growth companies or emerging markets such as those in South America, Eastern Europe, and Mainland China. We provide our clients with comprehensive advisory, and consulting services regarding mergers and acquisitions, including reverse mergers of private companies into publicly traded entities, and special purpose companies (SPC) offshore. MMG also offers a full suite of related ancillary services subsequent to the successful completion of a reverse merger, including private placements, PIPE offerings and Pink Sheets Adequate Disclosure documentation, various SEC regulatory filings and a broad range of other corporate governance matters. We license our brand name and back office as a white label solution which allows professionals in the industry to tap into the MMG back office to deliver high quality solutions on a private label basis. We also operate a small shareholders' advocacy division which seeks out publicly traded companies in distress or where the minority shareholders' positions are in peril, and assists as a guardian with interim and or turn-around management. Through its wholly owned subsidiary, Mina Mar marketing Group MMMG (www.minamargroup.net), we offer publicly traded companies services such as investor Relations, and investor awareness.
The information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of the available data. The owner, publisher, editor and their associates are not responsible for errors and omissions. They may from time to time have a position in the securities mentioned herein and may increase or decrease such positions without notice. Any opinions expressed are subject to change without notice. MMG encourages readers and investors to supplement the information in these reports with independent research and other professional advice. All information on featured companies is provided by the companies profiled, or is available from public sources and MMG makes no representations, warranties or guarantees as to the accuracy or completeness of the disclosure by the profiled companies or the information contained herein. MMG and its affiliates are not registered investment advisors or broker-dealers. MMG has been advised that the investments in companies profiled are considered to be high risk and use of the information provided is at the investor's sole risk. MMG also advises that the purchase of such high risk securities may result in the loss of some or all of the investment. Investors should not rely solely on the information presented. Rather, investors should use the information provided by the profiled companies as a starting point for doing additional independent research on the profiled companies in order to allow the investor to form his or her own opinion regarding investing in the profiled companies. Factual statements made by the profiled companies are made as of the date stated and are subject to change without notice. Investing in micro-cap securities is highly speculative and carries an extremely high degree of risk. It is possible that an investor's entire investment may be lost or impaired due to the speculative nature of the companies profiled. MMG makes no recommendation that the securities of the companies profiled should be purchased, sold or held by individuals or entities that learn of the profiled companies through MMG. MMG owners may or may not hold positions in the companies that are profiled. The information contained herein contains forward-looking information within the meaning of Section 27A of the Securities Act of 1993 and Section 21E of the Securities Exchange Act of 1934 including statements regarding expected continual growth of the company and the value of its securities. In accordance with the safe harbor provisions of the Private Securities Litigation Reform Act of 1995 it is hereby noted that statements contained herein that look forward in time which include everything other than historical information, involve risk and uncertainties that may affect the company's actual results of operation. Factors that could cause actual results to differ include the size and growth of the market for the company's products, the company's ability to fund its capital requirements in the near term and in the long term, pricing pressures, unforeseen and/or unexpected circumstances in happenings, pricing pressures, etc. Investing in securities is speculative and carries risk. Past performance does not guarantee future results.
CONTACT: CONTACT: www.minamargroup.net/helpdesk
SOURCE Mina Mar Group

ANX - Ready To Post New Highs

ANX fell off after pushing past $.50 a few weeks back.  It has been a healthy move and now it appears the stock is ready to make another push over $.50.  Remember the Guru's long term target for ANX is over $1.00, so any pull-back is just another chance to add for the rally to come.  Notice how the price is stabilizing amid lower volume.  The sellers/profit takers are just about done and I expect this stock to move higher next week.

Big Gains To Be Had Trading The Penny Stocks Today - CGMCQ, BGOI, KLGG, STMC

CGMCQ +3,680%
BGOI +477%
KLGG +900%
STMC +247%

CGMCQ took home the prize for the biggest daily gain on Friday. It opened the session at $.015 and reached a high of $.40. The stock traded over $700,000 worth of stock. CGMCQ soared on a press release (pasted below) stating the company had reached a settlement and expects to emerge from bankruptcy soon. The question remains: what value does CGMCQ have? In most bankruptcy cases the common equity is wiped. Perhaps this time the story has a different ending?





Congoleum Corporation Announces Insurance Litigation Settlement

MERCERVILLE, NJ, Jan 29, 2010 (MARKETWIRE via COMTEX) -- Congoleum Corporation (PINKSHEETS: CGMCQ) reported today that it has reached a settlement with nine insurance groups and the New Jersey insurance guaranty associations. Under the terms of the agreements, the insurance companies and the guaranty associations will pay $100 million to settle certain policies issued to Congoleum. The settlement is subject to court approval and other conditions. Roger S. Marcus, Chairman of the Board, commented, "I am absolutely thrilled to have finally resolved our disputes with the principal insurance companies that have been opposing our reorganization efforts. Their opposition has been far and away the greatest obstacle in getting a plan confirmed. With the conclusion of this substantial insurance settlement and the support for the plan that we have from all creditor committees, we expect a much smoother road ahead. While our plan still requires a formal creditor vote and other procedural steps, we fully expect to see it confirmed and have Congoleum emerge from bankruptcy in the second quarter of 2010."
Congoleum Corporation is a leading manufacturer of resilient flooring, serving both residential and commercial markets. Its sheet, tile and plank products are available in a wide variety of designs and colors, and are used in remodeling, manufactured housing, new construction and commercial applications. The Congoleum brand name is recognized and trusted by consumers as representing a company that has been supplying attractive and durable flooring products for over a century.
The above news release contains certain forward-looking statements, within the meaning of the Private Securities Litigation Reform Act of 1995, that involve risks, uncertainties and assumptions. These statements can be identified by the use of the words such as "anticipate," "believe," "estimate," "expect," "intend," "plan," "project" and other words of similar meaning. In particular, these include statements relating to intentions, beliefs or current expectations concerning, among other things, future performance, results of operations, the outcome of contingencies such as bankruptcy and other legal proceedings, and financial conditions. These statements do not relate strictly to historical or current facts. These forward-looking statements are based on Congoleum's expectations, as of the date of this release, of future events, and Congoleum undertakes no obligation to update any of these forward-looking statements.
Although Congoleum believes that these expectations are based on reasonable assumptions, within the bounds of its knowledge of its business and operations, there can be no assurance that actual results will not differ materially from its expectations. Readers are cautioned not to place undue reliance on any forward-looking statements. Any or all of these statements may turn out to be incorrect. By their nature, forward-looking statements involve risks and uncertainties because they relate to events and depend on circumstances that may or may not occur in the future. Any forward-looking statements made in this press release speak only as of the date of such statement. It is not possible to predict or identify all factors that could potentially cause actual results to differ materially from expected and historical results. Factors that could cause actual results to differ from expectations include: (i) the future cost and timing of estimated asbestos liabilities and payments, (ii) the availability of insurance coverage and reimbursement from insurance companies that underwrote the applicable insurance policies for the Company for asbestos-related claims, (iii) the costs relating to the execution and implementation of any plan of reorganization pursued by Congoleum, (iv) timely reaching agreement with other creditors, or classes of creditors, that exist or may emerge, (v) satisfaction of the conditions and obligations under Congoleum's outstanding debt instruments, (vi) the response from time to time of Congoleum's and its controlling shareholder's, American Biltrite Inc.'s, lenders, customers, suppliers and other constituencies to the ongoing process arising from Congoleum's strategy to settle its asbestos liability, (vii) Congoleum's ability to maintain debtor-in-possession financing sufficient to provide it with funding that may be needed during the pendency of its Chapter 11 case and to obtain exit financing sufficient to provide it with funding that may be needed for its operations after emerging from the bankruptcy process, in each case, on reasonable terms, (viii) timely obtaining sufficient creditor and court approval of any reorganization plan pursued by Congoleum (including the results of any relevant appeals), (ix) compliance with the United States Bankruptcy Code, including Section 524(g), (x) costs of, developments in, and the outcome of insurance coverage litigation pending in New Jersey state court involving Congoleum and certain insurers, (xi) the possible adoption of another party's plan of reorganization which may prove to be unfeasible, (xii) increases in raw material and energy prices or disruption in supply, (xiii) increased competitive activity from companies in the flooring industry, some of which have greater resources and broader distribution channels than Congoleum, (xiv) increases in the costs of environmental compliance and remediation or the exhaustion of insurance coverage for such expenses, (xv) unfavorable developments in the national economy or in the housing industry in general, including developments arising from the war in Iraq and Afghanistan and from the tightening of credit availability, (xvi) shipment delays, depletion of inventory and increased production costs resulting from unforeseen disruptions of operations at any of Congoleum's facilities or distributors, (xvii) product warranty costs, (xviii) changes in distributors of Congoleum's products, and (xix) Congoleum's interests may not be the same as its controlling shareholder, American Biltrite Inc. In any event, if Congoleum is not successful in obtaining sufficient creditor and court approval of a plan of reorganization, such failure would have a material adverse effect upon its business, results of operations and financial condition. Actual results could differ significantly as a result of these and other factors discussed in Congoleum's annual report on Form 10-K for the year ended December 31, 2008 and subsequent filings made by Congoleum with the Securities and Exchange Commission.
SOURCE: Congoleum Corporation

EMRH, CIAS, MSCK - Interesting Read From The Dallas Morning News

Ex-SEC lawyer Offill found guilty in fraud case [The Dallas Morning News]


Jan. 29 -- Phillip W. Offill Jr. made a name as a securities cop chasing fraudsters.

Thursday, he became a white-collar convict.


A Virginia jury convicted Offill on nine counts of wire fraud and a single count of conspiracy 10 months after federal officials indicted him. The 51-year-old Dallas attorney faces up to $15 million in fines and 185 years in federal prison.

Sentencing is scheduled for April 16 .

"It is a sad day when a former U.S. Securities and Exchange Commission attorney uses what he learned in the government to later defraud the investing public," said Assistant Attorney General Lanny A. Breuer in a statement.

Offill has steadfastly declared his innocence. Kevin Brehm , Offill's defense counsel, said his client would appeal shortly after sentencing.

"The government failed to prove that Mr. Offill committed any of the crimes charged," Brehm said.

Offill and 10 other men around the country had been targeted in the investigation. Eight of them have been convicted and sentenced to prison terms of up to 10 years. Two others have pleaded guilty and are awaiting sentencing.

Prosecutors said the group conspired to use faxes, e-mails and bogus news releases to "pump" stocks they owned, only to "dump" their shares for millions in profit after investors bid prices higher on the false information. The shares, worth only a few cents in some cases, traded on over-the-counter markets.

The companies included Emerging Holdings Inc. , MassClick Inc. and China Score Inc. Offill also earned thousands in fees for doing the stock transactions, authorities said.

"He and his co-conspirators made millions while innocent investors were left with stock in worthless companies," said U.S. Attorney Neil H. MacBride of the Eastern District of Virginia in a statement.

The criminal convictions follow two SEC lawsuits that detailed how Offill was an integral player in helping evade stock registration laws to set up the pump-and-dump scams. He also lost his Texas law license.

"We congratulate the prosecution and look forward to proceeding in court with our pending charges against Mr. Offill," said John Nester , spokesman for the SEC .

Offill spent 15 years with the SEC in Fort Worth before moving to private practice in Dallas .

In 2008, he was found to be in civil contempt for his role in helping individuals evade a federal asset freeze in a fraud case involving Dallas -based Amerifirst Funding. Offill had helped broker the sale of a fake Picasso painting; he was forced to repay money that had been sent to him as a retainer.

To see more of The Dallas Morning News , or to subscribe to the newspaper, go to http://www.dallasnews.com.

Copyright (c) 2010, The Dallas Morning News

Thursday, January 28, 2010

Subscribers - Check Your E-Mail

A new subscriber e-mail should be in your box.  Please check it.  If you did not recieve the e-mail let me know at pennystockgurus@gmail.com

Thanks,

Bob

PennyStockGuru Stocks To Watch Fri 1/29 - HCKI, SEVA, PFEH, AMMX, ECMH

HCKI and SEVA should both open the Friday session higher before profit takers swoop in and bring these stocks back down. They will both be interesting to watch.







PFEH continued to see buyers hitting the ask side, and this stock rests right near its high for the year. With continued volume our $.001 target will be breached by early next week.




AMMX posted a green close, but it was still a sub-par day for the stock. We still feel $.03- $.05 is a reasonable valuation for these shares.


ECMH continued its impressive rally. It very well may continue on tomorrow.

WAMUQ - Set To Post A Big Move Higher?


WAMUQ has been trading in an orderly uptrend since late last year. The stock looks to want to break the $.20 mark, and if it does, last years high could be the next target. The true value in these shares are debatable, but the free market always seems to find the proper price, and that price could very well be over $.50 a share short term.

Keep your eyes on this stock going forward.

SEVA - HCKI - An Example Of History Repeating Itelf

When you follow these penny stocks long enough you can usually figure out if a stock will run just based on its ticker.  Many of you are familiar with these two tickers SEVA/HCKI at some point.  It may have been as GSCR, SWVL, or another pre-reverse split stock ticker.  Yes these two stocks have lost investors a lot of money through dilution and subsequent reverse splits, but history has shown when they run, they run hard and fast.  A 1,200% gain and a 6,900% are about as hard and fast as they come.

We covered SEVA 3 reverse splits ago when the stock was GSCR.  The exact date was June 23rd, 2007:

 GSCR - SEVA three reverse splits ago ran 2,775%


I remember watching that stock catch a tremendous bid.  The buying that followed was a frenzied spree and the stock just kept heading higher.  HCKI did take a pause early in the session before pushing past the $.01 mark.

If any of you were lucky enough to buy $500 worth HCKI at $.0005, today those 1,000,000 shares would be worth $35,000.  How's that for a days work?

SEVA closed at the high of the day and went from $.0001 to $.0012.  SEVA was also a money maker for many traders today.

I expect both of these stocks to gap at the open.  



The bad news is that both of these stocks have done numerous reverse splits through the years.  They do run, but be careful holding either of these stocks too long.  You are bound to give up your gains... and then some.



Hackett's Stores, Inc. Subsidiary Looking to Emerge From Chapter 11 Protection Soon

Retailer Continues to Bring on New Vendors --- Achieves Year Over Year Sales Growth for January

SACKETS HARBOR, N.Y., Jan 28, 2010 (GlobeNewswire via COMTEX) -- Hackett's Stores, Inc. (Pink Sheets:HCKI) is pleased to announce that subsidiary Patrick Hackett Hardware Company continues to stabilize, and recently has seen an increase in vendors and growth in sales and cash flows. Herbert Becker, President of Patrick Hackett Hardware Company, stated, "We have made great progress over the past few months in regard to reestablishing ourselves and remerchandising our stores. During this period vendor confidence in our operations has increased dramatically, and we have seen the return of key vendors as Columbia, Lee Jeans, Woolrich and Adidas, among others. We also expanded our merchandise offerings through the addition vendors such as Hasbro, Panasonic, Samsung, and Point Zero."
Mr. Becker continued, "Of course, there's no cookie-cutter approach to a businesses emerging from Chapter 11, but over the past several months we have cut costs, realigned stores, improved our merchandising and marketing and added new vendors. We have strengthened our buying department and made changes to store-level management." Mr. Becker added, "These efforts seem to be paying off as Hackett's is enjoying the best January it has in three years in terms of sales. With these changes in place, we are now ready to focus on becoming a fiscally strong retail department store in upstate New York, which should hopefully position Patrick Hackett Hardware Company for emergence from Chapter 11."
Herbert Becker, President of Patrick Hackett Hardware Company, can be reached for questions or comments at hbecker@hackettsonline.com.
Patrick Hackett Hardware Company has a wide variety of merchandise and business lines, including a full service paint department, consumer electronics, equipment rental, brand name clothing, footwear, sporting goods and gourmet foods. Hackett's Stores, Inc. is majority owned by Seaway Valley Capital Corporation (Pink Sheets:SEVA).
Safe Harbor Statement
Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.
This news release was distributed by GlobeNewswire, www.globenewswire.com
SOURCE: Hackett's Stores, Inc.

By Staff

CONTACT:          CONTACT:  Hackett's Stores, Inc.
                  Herbert Becker
                  315-393-6101
                  hbecker@hackettsonline.com

HCKI - Trading Up Over 6,000% On Chapter 11 Emergence PR


A Pre-market press release from HCKI has sent the shares up from its prior close of $.0005 to a daily high of $.049.

The stock currently is trading at $.03, still an impressive one-day gain.




Hackett's Stores, Inc. Subsidiary Looking to Emerge From Chapter 11 Protection Soon

Retailer Continues to Bring on New Vendors --- Achieves Year Over Year Sales Growth for January

SACKETS HARBOR, N.Y., Jan 28, 2010 (GlobeNewswire via COMTEX) -- Hackett's Stores, Inc. (Pink Sheets:HCKI) is pleased to announce that subsidiary Patrick Hackett Hardware Company continues to stabilize, and recently has seen an increase in vendors and growth in sales and cash flows.

Herbert Becker, President of Patrick Hackett Hardware Company, stated, "We have made great progress over the past few months in regard to reestablishing ourselves and remerchandising our stores. During this period vendor confidence in our operations has increased dramatically, and we have seen the return of key vendors as Columbia, Lee Jeans, Woolrich and Adidas, among others. We also expanded our merchandise offerings through the addition vendors such as Hasbro, Panasonic, Samsung, and Point Zero."

Mr. Becker continued, "Of course, there's no cookie-cutter approach to a businesses emerging from Chapter 11, but over the past several months we have cut costs, realigned stores, improved our merchandising and marketing and added new vendors. We have strengthened our buying department and made changes to store-level management." Mr. Becker added, "These efforts seem to be paying off as Hackett's is enjoying the best January it has in three years in terms of sales. With these changes in place, we are now ready to focus on becoming a fiscally strong retail department store in upstate New York, which should hopefully position Patrick Hackett Hardware Company for emergence from Chapter 11."

Herbert Becker, President of Patrick Hackett Hardware Company, can be reached for questions or comments at hbecker@hackettsonline.com.

Patrick Hackett Hardware Company has a wide variety of merchandise and business lines, including a full service paint department, consumer electronics, equipment rental, brand name clothing, footwear, sporting goods and gourmet foods. Hackett's Stores, Inc. is majority owned by Seaway Valley Capital Corporation (Pink Sheets:SEVA).

Safe Harbor Statement

Certain statements in this release constitute forward-looking statements or statements which may be deemed or construed to be forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words "forecast," "project," "intend," "expect," "should," "would," and similar expressions and all statements, which are not historical facts, are intended to identify forward-looking statements. These forward-looking statements involve and are subject to known and unknown risks, uncertainties and other factors which could cause the Company's actual results, performance (finance or operating) or achievements to differ from future results, performance (financing and operating) or achievements expressed or implied by such forward-looking statements.

This news release was distributed by GlobeNewswire, www.globenewswire.com

SOURCE: Hackett's Stores, Inc.

By Staff

CONTACT: CONTACT: Hackett's Stores, Inc.
Herbert Becker
315-393-6101
hbecker@hackettsonline.com


(C) Copyright 2010 GlobeNewswire, Inc. All rights reserved.

Wednesday, January 27, 2010

EVFN - Company Thanks Shareholders For Funding All These Years Of Mismanagement




EVFN still thinks its "rewarding" their shareholders.  I'm really starting to wonder if the company is any smarter than the people buying their stock.  Even if the company isn't smarter they are richer, as anyone whose bought EVFN the last three years has lost a small fortune.

The company issued a press release on January 12th and sounded so proud to have converted debt into equity.  It must feel good to screw your loyal shareholders over on a consistent basis.... well at least you're good at something:

Evolution Fuels, Inc. (Pink Sheets: EVFN) (the "Company") today announced a reduction of approximately $21 Million of its corporate debt through the conversion of the debt into shares of the Company's common stock, effective as of December 31, 2009.  This conversion of debt eliminates over 94% of the financial liabilities associated with the Company's $52.5 financing package closed in July 2006.
In total, the Company has eliminated over $110 million of liabilities since June 30, 2008.




Tonight EVFN  issued another filing showing further debt elimination.  Guess how they eliminated the debt?  You're getting smart....  equity conversions.  Why anyone with half a brain would take an equity stake in this reverse split offender is beyond me.

 On top of the equity EVFN has to come up with $900,000.  I wonder how they plan on doing that..... Do I need to answer this one or can you figure it out on your own.

Here is an excerpt from tonight's filing:



Over the past three months Vertex and Evolution have actively pursued a mutually
agreeable resolution, which resulted in the execution of a new settlement agreement on
January 26, 2010.  of
Under terms of the agreement, Evolution is required to issue 2.5
million shares
Evolution Fuels common stock to Vertex, assign its membership
interest in Biodiesel Investment Group, and pay $900,000 additional consideration.











And for anyone new to this blog type EVFN or EVFL (the ticker before the 600-1 reverse split) to read about this stock.  The three year chart below shows how EVFN is paying for the debt its incurred over the years, by selling stock:


















Evolution Fuels Announces Further Reduction of Corporate Debt



Latest Efforts Reduce Debt by $21 Million; Cumulative Total Decrease of $110 Million

DALLAS, Jan 12, 2010 /PRNewswire via COMTEX/ -- Evolution Fuels, Inc. (Pink Sheets: EVFN) (the "Company") today announced a reduction of approximately $21 Million of its corporate debt through the conversion of the debt into shares of the Company's common stock, effective as of December 31, 2009. This debt was in connection with convertible notes originally issued in July 2006, and through a settlement agreement, a portion was exchanged for a new set of convertible notes in December 2008. A total of 2,060,308 shares of common stock were converted and issued on December 31, 2009 to the noteholders to satisfy the approximate $21 million of debt. The converted and issued common stock is "restricted" as defined under the Securities Act of 1933.
This conversion of debt eliminates over 94% of the financial liabilities associated with the Company's $52.5 financing package closed in July 2006.
In total, the Company has eliminated over $110 million of liabilities since June 30, 2008.

The PennystockGurus Stocks To Watch Thursday 1/28 - AMMX, VIPR, KATX, PFEH, GTLA




AMMX posted a dissapointing Wednesday as investors were on the ask side and putting pressure on the bid.  This leaves the stock at an attractive price tomorrow.  Look for the stock to mount a nice rebound tomorrow.



VIPR will be interesting to watch tomorrow.  If the stock gets volume like today $.002 should come swiftly.

KATX  could be set to consolidate for the next few weeks.  Let's hope it proves me wrong with another 25-30% up day.

PFEH is a stock I still think will break out.  Continue to keep it on your watch list.

GTLA took in some heavy buying today.  It is a lotto stock that will have a tough time posting big gains with its bloated share structure.  Play the momentum and be sure to sell before the lights go out.

VIPR - After One and A Half Years..... Is The Selling Finally Over?


VIPR,  VIPR Industries, Inc., after months of distribution VIPR is showing signs of accumulation.  Could the 1 and a half years of dilution be finally coming to an end?  Can this stock finally show its true value in the market place without the threat of an ever expanding share count?  We will soon find out.

Today's record volume day pushed the stock higher by a 30% clip.  If the volume continues this stock could see $.002 in short order.

Here is the 1.5 year chart of VIPR.  Notice the increased volume coinciding with a rise in price per share?  Also the accum is off the charts.

From here on out I'd like to see less volume create a rise in price.  That would be evidence share dilution has ended.



KATX- Where Do We Go From Here?


I won't get into a long drawn out post about KATX.  I still hold my $.10 target even after yesterday's decline and today's pop.  But it may take a little longer than I first expected.

The chart could be following the same pattern after the first run-up in price, meaning this stock will need to consolidate the next week or two before making another explosive move higher.  The range should be $.06-$08.  Anything outside of that will make this stock either a buy or a sell, depending on the direction it goes.  For now it is a hold, although if you are banking on another move higher than accumulating shares at this price could pay handsomely in a few weeks.





 
Kat Exploration Reports Additional Copper Find on Its "Lucky" Property

MOUNT PEARL, NL, Jan 27, 2010 (MARKETWIRE via COMTEX) -- Kat Exploration Inc. (PINKSHEETS: KATX) has been busy uncovering new copper showings on its 100% wholly owned "Lucky" Property with very impressive malachite and chalcocite discovered in its latest trenching. The trenching took place within the same horizon where recently discovered copper returned results of up to 2.5% CU strata bound within the more sandy beds of the sediments.
As digging was most difficult in the shattered rock zone, the trench was only excavated to approximately 2 meters with copper throughout the entire trench and continues at depth as the mineralized horizon containing the copper is up to 300 meters in places throughout the property.
Each new copper discovery on the "Lucky" property lends itself to significantly boosting its potential to a higher likelihood of acquiring a JV partner.
In recent months, the area where the "Lucky" property is located has drawn the interest of a major world class mining company and Kat will continue to bring both the North and South "Lucky" properties to their full potential.
This Press Release contains some photos of the trenching and latest discovery of the new copper.
The type of environment where the "Lucky" property is located has the potential to produce low grade, large tonnage copper deposits similar to those found in the Zambia copper belt.
About Kat Exploration Inc.
Kat Exploration's principal objective is to locate, stake, prove up and sell mineral properties to major mining companies. It is the Company's objective to take advantage of increased activity to generate numerous joint venture clients, and sales of our existing and yet to be acquired properties.
This press release contains forward-looking information within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and is subject to the Safe Harbor created by those sections. This material contains statements about expected future events and/or financial results that are forward-looking in nature and subject to risks and uncertainties. Such forward-looking statements by definition involve risks, uncertainties and other factors, which may cause the actual results, performance or achievements of Kat Exploration Inc. to be materially different from the statements made herein.
Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1162084 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1162077 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1162089 Image Available: http://www2.marketwire.com/mw/frame_mw?attachid=1162081


Contact:
Ken Stead
President
Office: 709-368-9223
709-368-9224
Website: www.katexploration.com
Email:  kstead@katexploration.com


Tuesday, January 26, 2010

HPNN - Up Over 700% Since The Guru Alerted Readers


I was never much for doing homework.  Just a week ago I sent some homework out to readers.  HPNN was a stock I wanted you to research, and since that time the stock has gone on a rampage.  I hope you all did your homework.

HPNN homework request

This is the chart I posted before the HPNN run:




And this is what happens to a stock after the Guru gets his eyes on it:







I can't take all the credit.  The news below has a lot to do with the move.  At this point it is running out of steam.  If you are in sell, and if you aren't in now is not the time to be buying.



FDA Has Green Light for USACIG and Hop-on Electronic Cigarettes Imports

LOS ANGELES, CA, Jan 19, 2010 (MARKETWIRE via COMTEX) -- USACIG, Inc. and Hop-on, Inc. (PINKSHEETS: HPNN) (www.hop-on.com) today hailed last Thursday's federal judge's ruling saying the Food and Drug Administration must stop interfering with importing electronic cigarettes. The judge also indicated the devices should be regulated as tobacco products, rather than drug or medical devices. Jay Pignatello, President of USACIG, Inc., stated, "The smoking public is one of the largest marketplaces in the world, and smoking is a social activity. USACIG is coming to market at the best time. It is very simple -- USACIG is an American company. We produce our nicotine with American by-products. With all due respect to products made in China, you don't know what you are going to get. Our product lasts longer and tastes better. My dad smoked and I wish he had a product like this that avoided the side effects of tar in traditional tobacco. We are an American company, delivering an American product, through American intellectual property with American product development expertise. When you use our product, it is like driving a Chevy."
Pignatello continued, "USACIG is committed to being the top supplier of electronic cigarettes in the USA. We believe our product is the safest, best tasting, and least expensive in this marketplace, and will soon be available in a wide array of big box stores. Our relationship with Hop-on, combined with our experienced sales team, has us awaiting signed Letters of Intent, and our sales will increase exponentially. Additionally, we will soon be conducting a unique launch of our cigarettes to some specific retailers, at no cost to the public. Our goal is to deliver a brand name and product that everyone will be comfortable and familiar with."
Peter Michaels, President of Hop-on, stated, "Judge Leon's positive opinion helps us in there should be no government roadblocks to slow down our progress launching our products in the US. I have worked through issues with government bureaucracy before, and Judge Leon's decision should make my life easier. Our products virtually have none of the cancer-causing chemicals of traditional cigarettes, but the FDA says it has not been proven safe. Our goal with USACIG is prove our products are safe, affordable for everyone and profitable for our company. We experienced no issues importing our electronics into the US market. Our product is better, less expensive, and the technology behind our cigarettes is made in America."
With the passage of landmark tobacco legislation last year, Judge Leon added, the Food and Drug Administration's new tobacco division will be able to regulate the contents and marketing claims of e-cigarettes in the same way it is about to begin regulating traditional tobacco products. But the agency's drug division cannot ban the devices, the judge ruled.
About USACIG, Inc.
USACIG is the only US-based manufacturer making the actual nicotine cartridges/products in the US. The Electric Cigarette(TM) is an alternative to traditional tobacco products. It is a battery-powered device providing inhaled doses of nicotine by delivering vaporized water, propylene glycol, nicotine solution and other non-carcinogens. In addition to nicotine delivery, this vapor also provides a flavor and physical sensation similar to that of inhaled tobacco smoke, while no tobacco, smoke, or combustion is actually involved in its operation. USACIG, Inc. is a US-based manufacturer of "The Electric Cigarette" and "The Electric Cigar"(TM). USACIG manufactures its cartridges in the United States and the electronics are manufactured in China. USACIG also has US-based doctors on its board monitoring and supervising medical related issues or opportunities. For more information, visit www.USACIG.com
About Hop-on, Inc.
Hop-on, Inc. (PINKSHEETS: HPNN) offers multi-media services and has secured licensing agreements from essential patent holders for GSM, CDMA and WIFI technologies. Since its inception, known for developing the world's first disposable cell phone, Hop-on currently remains one of the few US-based manufacturers of cellular technology. The Company also distributes The Electric Cigarette and the Electric Cigar.
Forward-Looking Statements
Certain statements in this news release may contain forward-looking information within the meaning of Rule 175 under the Securities Act of 1933, and are subject to Rule 3B-6 under the Securities Exchange Act of 1934, and are subject to the safe harbor created by those rules. All Statements, other than statements of fact, included in this release, including, without limitation, statements regarding potential future plans and objectives of the company, are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and other results and further events could differ materially from those anticipated in such statements. Future events and actual results could differ materially from those set forth in, contemplated by, or underlying the forward-looking statements.

PennyStockGurus Wed. Stocks To Watch - AMMX, PFEH, BEDA, CBAI




AMMX should see plenty of bids into the $.03's tomorrow.  From there it could head much higher.  Keep it on your radar.

PFEH continues to hold its ground and looks ready to make its next move higher.

BEDA closed up 117% today at $.0024.  This stock trades wildly and I wouldn't be surprised to see a little pull back tomorrow after such a strong day today.

CBAI the company issued another magical press release today.   The press release states millions of debt has been retired, but does not tell how this retirement actually occured.  It's as if Gandalf the Grey waved his staff at $6 million of debt and cast a spell on it.  POOF!  It's gone.  The stock got a boost on that fluff press today.  I suspect the bounce will be short lived.

AMMX - Ripe For A Rally

AMMX investors were scooping up shares at a record clip today sending the stock up 35%.  Investors were buying in advance of the merger finalization with Cromer Equipment, as well as announcements that are to be forthcoming concerning other recent developments.  The merger with Cromer gives AMMX  EBITDA of $650,000.  That is quite a number for a stock trading at $.027. 

AMMX's joint venture in Algeria is another positive development to consider going forward.  Today's action looks to be the start of a rally in AMMX shares.  Keep this stock on your watchlist going forward.




Monday, January 25, 2010

Subscriber Stock Alert To Be Released After The Open

Subcribers Check Your Email After The Open.

The Guru has a 100% + potential gain heading out to you via a Guru alert.  It is not the next Guru stock pick, but something you all can chew on while you wait.

The PennyStockGuru's Tuesday Stocks To Watch - PFEH, PTER, MDFI, HPNN



PFEH continues to be one of our stocks to watch.  Keep this one on your watch list.  It is ready to post a sizeable gain from today's close.


PTER exploded higher today with an impressive earnings report.  I expect more gains early followed by some profit taking.  Trade this one accordingly.

MDFI had a nice day to open the week.  This stock should trend higher into weeks end.

HPNN is getting much closer to a $.01.  It's already up 400% since our alert and looks poised to post even more gains.  Keep a close eye on it.

FTER - Airborne - Earnings Report Sends Stock Into Orbit




FTER's impressive earnings report sent the stock 190% higher today.   Let's see if today's momentum carries through to tomorrow.








Forterus Announces Fiscal Year 2009 Financial Results

MURRIETA, Calif., Jan 22, 2010 /PRNewswire via COMTEX/ -- On January 22, 2010, Forterus, Inc. (Pink Sheets: FTER) announced its results of its 2009 Fiscal Year. Paul Howarth, Forterus's CEO, stated, "This has been a transformational year for Forterus and we are pleased with the Company's achievements. Even more so, we believe we have a strong foundation from which to grow our business and capitalize on future prospects and we remain focused in our determination to build shareholder value. While the struggling economy has impacted our business, we have continued to build upon our insurance contracts. We were delighted to have achieved positive net income of $383,937 and earnings per share of $.03 for the fiscal year 2009. Looking forward through 2010, if we continue to execute our key strategic initiatives and continue to adhere to the disciplines of our core business model, we should continue to see a steady increase in our core business. Furthermore, we will continue to make strategic investments in qualified and experienced staff, the major asset of any quality organization, to complement the investments to grow our bed count as we continue on a sustainable, scalable and profitable growth path in fiscal 2010."
Key Financial Highlights
$383,937 in Net Income for Fiscal 2009 compared to a loss of $1,671,525 in Fiscal 2008.
$5,842,182 in Revenue For Fiscal 2009 compared to revenue of $4,089,139 in Fiscal 2008.
435% increase in Net Income from Fiscal 2008 to Fiscal 2009.
43% increase in Revenue from Fiscal 2008 to Fiscal 2009.
$0.43 Revenue Per Share (on share count of 13,513,264).
$0.03 Earnings Per Share (on share count of 13,513,264).
The company reported a consolidated net profit of 383,937 or $.03 per share and revenue of $5,842.182, or $0.43 per share, for the 2009 fiscal year.
Business Overview
For fiscal year 2009, the Company reported revenues of $5,842,182 from its continuing operations (healthcare services business), compared to revenues from continuing operations of $4,989,139 during the comparable period in 2008.
The Company has received numerous requests for comparable public companies in our industry. The Company has provided the shareholders with Hythiam, Inc. as a comparable. Hythiam is traded on NASDAQ. Hythiam reported a net loss of $10,714,000 for the nine months ending September 30, 2009 on $1,346,000 in revenue for the same time period.
"When looking at Hythiam's market capitalization of $28,358,896 as of January 15, 2010 and their performance against Forterus's, we are excited about the possible increase in our matrices, including shareholder equity," stated CEO Paul Howarth. "We did not actively seek out or receive any financing through the issuance of our common stock in 2009. However, we may begin to explore such possibilities based on Hythiam's $7,000,000 capital raise in 2009. However, Forterus's Board feels the current market price and price throughout 2009 does not warrant the Company raising money through the issuance of its stock at this time."
About Forterus, Inc.
Forterus Inc. and its subsidiaries engage in diverse business activities, including drug and alcohol rehabilitation, and finance. For more information about Forterus and A Better Tomorrow, please visit their respective websites at http://www.forterushealthcare.com and http://www.abttc.com.
Forward Looking Statements
Application of the Safe Harbor of the Private Securities Litigation Reform Act of 1995: This press release contains, and Forterus may from time to time make, written or oral 'forward-looking statements' within the meaning of the U.S. federal securities laws, which are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. All forward-looking statements rely on a number of assumptions concerning future events and are subject to a number of uncertainties and other factors, many of which are outside Forterus's and/or its subsidiaries control that could cause actual results to differ materially from such statements. In particular, statements using words such as 'may,' 'should,' 'estimate,' 'expect,' 'anticipate,' 'intend,' 'believe,' 'predict,' 'potential,' or words of similar import generally involve forward-looking statements.
CONTACT: Paul Howarth, 1-888-257-8345, ir@Forterushealthcare.com

PFEH - Momentum Building For A Big Move

We've been following PFEH and the stock continues to be under some serious accumulation.  Today's action brought the stock closer to our short term $.001 target.

It appears less volume is needed to advance this stock meaning investors are holding on for higher prices.  This should help propel the stock significantly higher in the coming days.


CBAI - The Guru Called The Top On January 5th

The CBAI poll I started recently is closed for voting. I thank all those who took the time to vote.  Over 50% of the votes call for a 50% loss, which has already happened.  I've got some pretty smart readers.  Of that 50% half think a 75% plunge is in the cards.  I'd say its well on its way.  The guru has been calling for a nice drop for CBAI since the start of the new year.

The two charts I have posted below show just how accurately the I called CBAI's top.  I sometimes amaze myself with my accuracy.  My post on January 5th read verbatim - The Run Is Over.  Have a look here:


http://pennystockgurus.blogspot.com/2010/01/cbai-run-is-over.html


I have received many emails asking when is a good time to get back on this stock.  My answer is to stay away until the dust settles.  You might be suprised just how much further this bloated stock will fall.

Don't forget this fall coincides with insiders getting instantly vesting stock options.  Kind of like instant oatmeal except you get to screw a million plus dollars out a pack of gullible retail investors.  I wrote about that here:

http://pennystockgurus.blogspot.com/2010/01/cbai-company-losing-2-million-per.html







Sunday, January 24, 2010

The PennystockGuru Monday Watchlist - KATX, MIKP, PFEH. GDHI


KATX looks like we could get our $.10 target by tomorrow.  At that point it's time to evaluate just how high this stock can go.

MIKP looks to build upon several positive closes Monday.  The stock could easily see $.003 and from there $.005 would be the next target.

PFEH is slowly grinding higher.  The next leg up could come fast and furious.

GDHI has fallen from its recent highs.  Monday should find the stock better bid.

If You Are Going To Bash A Stock Be Sure You Aren't Doing It On Company Time

Without taking a poll I figure most penny stock traders have jobs to help support those days/weeks when the money isn't coming in.  I'd also wager many penny stock traders use their time at these jobs to trade stocks and post on internet message boards.  If you are one of these full-time traders I suggest you utilize a little caution when posting negatively about a stock on an internet message board.  These companies might not have a leg to stand on if what you write is true, but that won't stop them from tracking you down and telling your boss how your misusing company time.

Example 1: A recent press release that is almost comical.



Prime Star Group Uncovers Identity of Anonymous Basher
LAS VEGAS, NV, Jan 04, 2010 (MARKETWIRE via COMTEX) -- Prime Star Group, Inc. (OTCBB: PSGI) is pleased to announce that it has discovered the identity of the anonymous poster known as DudleyDoRight and Sky-King on the internet financial sites of InvestorsHub, Yahoo and RagingBull. The basher, who primarily posts on Investorshub.com, is an individual known as David W. Pippy, an employee of the Illinois State Comptroller's office located in Springfield, Illinois. Mr. Pippy has acknowledged to the CEO of Prime Star that he is the anonymous poster. Mr. Pippy posted on the government computer during regular business hours with the alleged purpose of driving down the price of PSGI and other publicly traded companies. Legal Counsel for Prime Star Group alerted the Illinois State Comptroller's office. The office's staff investigated Mr. Pippy's computer after he admitted to using it to post his comments, and their office has elected to turn the matter over to the SEC instead of pursuing the matter further themselves.
PSGI plans to pursue all legal remedies against David W. Pippy and others involved in this attack on the company and any attempt to manipulate stock. Roger Mohlman, CEO of PSGI, said, "It is apparent to anyone who reads these boards that my family has been victims of a concentrated attack by cowardly individuals using anonymous names to try and mask their identities and tortuously interfere with the business of our company.
"I would like to thank PSGI's valued shareholders and let them know that in spite of the three year attack on my family and me, the company, its officers and directors, I am committed to continue to move this company forward and I appreciate the continued support of all my shareholders and suppliers and I'm looking forward to implementing what PSGI has on schedule for 2010."










Example 2: A bevy of releases on Pink Sheets from MMG Minamargroup:


http://www.pinksheets.com/otciq/ajax/showFinancialReportById.pdf?id=28084




I feel people should be able to voice their opinions, positive or negative, on a stock without the threats outlined in both examples if the information is true.    It's much like my repeated posts about EWRC and EFVN.  I know these stocks and what they have done.  Consequently I am trying to steer people away from those money vacuums, and I use factual information as well as charts to back up what I am writing about.  These "bashers" that these companies are trying to chase have most likely lost money on these stocks.  One way for them to get back, so they think, is to hammer these stocks on the message boards.


If you have the time to do that, then by all means speak your mind.  Just be sure you aren't doing it on company time.  They will track you down and let your boss know what you've been up to and you might end up joining the millions looking for a job these days.

Friday, January 22, 2010

EXPU = Exploding Higher





With all the posts about money sucking stocks, EXPU is a reminder why we invest our hard earned money into Pink Sheet and OTCBB issues.  They offer tremendous returns if you can find the right stocks.  EXPU is one of those right stocks.

Some of you readers may have noticed we have EXPU as one of our buy and holds, and desevedly so.  This stock looks to be finally getting noticed in the investment community.

The chart below tells the story much better than I.


QASP - Looks Like At Least a 50% Gain On The Horizon

QASP looks poised for some decent gains over the next few weeks.   The chart is showing a nice support line and if this line holds QASP should be sitting at $.03 at some point in the future.






Also notice how the stock is holding up well despite less than average volume.  This bodes well as it means shares are being held and not sold, usually an indication that investors feel the stock is heading higher.

If everything lines up next week QASP will be sitting at $.03 and the Guru will be right..... yet again.




MMUH - Now That's A Bounce

MMUH has bounced over 500% from its recent lows.  I have a tough time thinking these gains will continue.  More importantly the bounce itself illustrates the potential rewards for those of us who enjoy catching knives.


ZVTK - Another Guru Call - Right On The Money


 Only weeks ago it seemed vogue to fall in love with a light bulb that could somehow solve all the worlds problems.  The Ionic Bulb.  You could use it for seemingly anything.  It was a miracle!  Or was it all just a ploy to get you to buy the stock?  Hmmmmm.

There is nothing wrong with buying a stock on the rise, even if the Guru knows at some point that very stock will crumble.

Type ZVTK into the blog search to the right and see exactly what I was saying not long ago about this stock.

I noted how this stock has done nothing but suck investors money, save for the few weeks this stock actually went up.  I also noted that even though the product sounded great, it was only a marionette for the share selling machine that is ZVTK.

With these penny stocks its all about money... how much they can sucker you into giving them and how much they can sucker you into giving them.  Its a pretty simple agenda.  So stay away from those money suckers.  The Guru is here to help.

On December 28th I wrote this blog post:

http://pennystockgurus.blogspot.com/2009/12/zvtk-dont-be-one-holding-bag-when.html

The next day ZVTK crumbled almost 40% and then recovered, only to resume on a decline which has yet to subside.



ZVTK should be good for a bounce at $.0011-0014.  Until then play the field.

CBAI - Plunging Just As The Guru Forecast

For new readers to this blog, do a search for CBAI and you will see my take on what is really going on with CBAI.  For now all that matters is the price per share of CBAI is going down, just as the Guru forecast. Here is my chart from a little over a week ago.




Here is today's chart:



There should be a nice bounce at $.006, which is still a week or so away from today's .012 close.

Don't say the Guru didn't tell you so.

EVFN - $.06 to $.004 In Two Months - But They Just Reduced Their Corporate Debt - So They've Got That Going For Them... Which Is Nice


I urge readers to do a search on this blog for EVFL and EVFN.  This stock remains in a group of penny stocks the guru classifies as "THE WORST".  I will start a new section on the lower right of this blog so people will know to stay away from EVFN, EWRC, and other stocks that I deem "THE WORST".

EVFN continues to plummet post reverse split.  Remember it sat bidless at $.0001 for many months


 


and now that it has a bid the selling has picked up with a fury.  No sense waiting for the suckers buying the stock, with the hopes of catching a bounce, to figure out the company is in business to sell shares.



 Over the course of the past 3 years this stock has gone, split adjusted, from $260 a share to $.004.  How's that for an investment? 

Stocks To Research This Weekend - KATX, SYMW, MIKP, PFEH


KATX posted another impressive day. I am hesitant about calling a top for this stock as it just keeps rolling along.




SYMW lets see if the gains will build next week or if we get stuck back in a rut and slowly lose interest.


PFEH appears to be ready to make a significant move higher. The stock has been under accumulation for quite some time, which will be reflected in the stock price at some point.


MIKP is making quite a move on breakout volume. What's going on with this stock and how high do you think it can go?