CMKM - $1.05 price hit, from $.04 when I alerted subscribers

CMKM - A little over a month ago I brought this stock to the attention of my subscribers in the forum. I noted how this stock, which lay dormant, was beginning to see market makers come on the bid and ask side, essentially liquidity was being injected into the stock. I had my eyes on the stock because of the amazing financials they posted. I urge you to check out their recent SEC filings. It will make you wonder why this stock isn't well over a $1 now.

This is what I told subscribers a month back:

CMKM

by bob wilcox » Tue Feb 02, 2010 2:03 pm

This stock just came into the OTC last fall. Filings hit the wires recently and the company earns roughly $.13 a share. I've been waiting for market makers to come into the picture. AS recently as Friday there was no market maker on the ask side. Between yesterday and today market makers have been coming to the bid side and the ask side is at $.20.

My point with this stock is finding these under the radar stocks can prove to be quite lucrative. Some trades on this stock went through at $.04 and $.05 . The bid is now $.10.

I think this stock should be trading over a $1 and I feel it will at some point this year assuming they continue injecting liquidity into the issue.

At that time the stock had trades at $.04 and $.06 a share.

Today CMKM hit $1.05. Only a few weeks ago I added it to the buy and hold list giving a short term target of $1. Well that target as been hit. Next up $1.50.

After my forum post a subscriber was bidding up the stock at $.15 and asked me via email if he should raise his offer. I told him to be patient and sure enough an hour later he was filled. Today those $.15 shares are looking pretty sweet, considering the next target of $1.50 represents a 1,000% return on investment.

It's all about making money, and the Guru tries to steer everyone in the right direction.