Thursday, February 24, 2011
Fridays Stocks To Watch - PGPM, CTCC, HLXW, BYSD
PGPM anything that deals with oil is getting a push and rightfully so. You are hearing all sorts of talk in the media, some "experts" stating $200 oil is coming by Memorial Day. If your going to be paying that much to fill up your car, your going to be needing a lot more money. What better way to capitalize on the growing price of oil than trading some oil penny stocks, as they have become the latest rage in this market. The torch has been passed from the gold stocks to the oil stocks. PGPM burst higher today at around noon and held on to most of its gains in a volatile session. Tomorrow should decide the longer term fate of this stock. If it continues its climb we could have a real monster on our hands. If it slowly bubbles back into the earth, well then we better find a better way to make up for these higher gas prices.
CTCC just great volume the last few sessions and it appears at least a few investors are starting to catch onto this wonderful turnaround story. The recent positive company releases coupled with the low tradeable float makes this a stock to watch in 2011.
HLXW this stock remains a great lotto play as the shares are currently maxed out, meaning the company has no further room to dilute. As long as the share structure remains stable this stock could be in for a nice counter trend rally.
BYSD another oil stock. As with most pennies it isn't about what the company does or does not do, its about what traders want to buy on a particular day and/or over a particular period of time. Right now anything that says oil, petroleum, etc is being bought and until oil takes a breather I think these types of stocks are a good place to make a quick buck. BYSD burst higher late in the session before pulling back a few ticks. Let's see if its got more gas in the tank for tomorrows session.
Wednesday, February 23, 2011
Thursday's Stocks To Watch - SPAH, EYSM, MMTE, TLAN
SPAH the stock broke through its 50 day moving average with reckless abandon, closing the session at $.0028. The chart shows a stock that is starting to breakout and I would look to the 200 DMA as the next point of resistance. The 200 DMA is currently $.005 a share. If you haven't added SPAH to your watchlist... now is the time.
EYSM has now rallied some 3,300% from $.0001 and continues to show why we like triple zero stocks. For all those lemons at $.0001 that just suck your money, you get a delicious peach like EYSM that just makes you grin ear to ear. By weeks end EYSM shareholders could have an even bigger smile on their faces.
MMTE news out today boosted the stock. The stock traded strong the rest of the session and looks to build upon that strength on Thursday.
TLAN this remains one of my favorite stocks. I like what the company does, its transparency, share structure, and its growth potential. Late last year the stock was valued at $.05 for an acquisition, it closed today at $.003. While I don't think it sees $.05 in the near term, I do think TLAN shares are undervalued and offer a great opportunity.
SPAH - Chart Update
Early this afternoon SPAH started a rally that saw the stock break $.002, its 50 day moving average. After that break the stock soared to a high of $.0032 before closing the day at $.0028. The next point of interest is the 200 DMA at $.005. I like what this stock has going for it and think investors are starting to realize the value of these shares.
Tuesday, February 22, 2011
Wednesday Stocks To Watch - TSNP, SPAH, CTCC, SOFN
TSNP a great day for shareholders as record volume poured into this stock. As traders see a formerly $.0001 stock like EYSM rise to $.0026, they are on the look out for the next one to post such a rally. TSNP could be that stock, and judging by the money flow, there are many using their wallets to make the same statement. Here is my view of TSNP from late last month and why I think it could rally from here : http://pennystockgurus.blogspot.com/2011/01/tsnp-triple-zero-stock-with-potential.html
SPAH today saw some very nice accumulation as the stock held at $.0012 and traded as high as $.0018. The ask is very thin with few market makers offering shares below $.002. $002 is really a great number for this stock as it represents its 50 day moving average. A test and break of that figure could see $.005 come quickly into focus.
CTCC you really have to like the volume today. Investors are finally starting to realize the potential of this stock. I think this turn around story is still in its infancy, meaning you haven't seen anything yet.
SOFN a curious breakout for this stock. It has had no news, filings, since 2008. It is revoked at its Secretary of State, but it is trading higher and the chart is looking quite bullish. We all know that money trumps everything else and the money has been coming into SOFN, lets see if it continues tomorrow.
SPAH The Stock Is On The Cusp Of A Breakout
On February 3rd SPAH updated Pink Sheets to reflect their current share structure. For a stock that hasn't issued news since October, one would have to wonder exactly why the company would just update its share structure and nothing else. This is exactly why I think SPAH is poised to post a big rally at some point in the near term.
I think the company updated Pink Sheets only a few weeks ago because they will be releasing news, which the stock hasn't seen in over 3 months. Back in October when SPAH released their last piece of news, the stock was trading in the $.006's. Since then it has slowly fallen and currently sits at $.0014 a share.
Also investors could be getting SPAH's annual filing shortly, as the company has maintained filing its quarterly reports. As it stands SPAH has many things going in its favor. It rests close to its 52 week low, which should attract bottom traders. The chart looks to be turning as evidenced by the impending potentially bullish MACD cross. The company has updated Pink Sheets share structure indicating a greater likelihood of a company press release. Let's not forget about the low 180 million share float this stock has.
The ingredients are here for a nice move. The chart shows a stock that is right on the cusp of a big breakout. If SPAH can break through its 50 day moving average, then I think the 200 day moving average at $.005 could be well within reach. As always, I am not compensated for this post on my blog. I found SPAH by utilizing my own research and it is only my opinion that it will move higher. All signs, in my view, are pointing to a nice rally from here. Let's see if I'm right.
Charts of The Day - EYSM
EYSM this stock is showing exactly why buying $.0001 - $.0002 stocks can be a very profitable trade. In this case EYSM has returned investors some 2,600% since hitting $.0001. While these triple zero stocks represent a highly risky investment, their returns can be quite substantial. This is why I continue to cover triple zero stocks like TSNP, PRMO, PRPM, because the potential for a big return can be worth the significant risk you take when buying these stocks.
Monday, February 21, 2011
Tuesdays Stocks To Watch - SPAH, ZLUS, WNCG, TLAN
ZLUS some ealry evening news out today should help boost the stock tomorrow. I think this stock could be a good for a 50-100% gain this holiday shortened week.
WNCG news is out for this issue as well. This is the first company news since last summer. I should have known the recent volume surge would be backed with news. I think this stock could see a push from $.0008 to $.0016 - $.002 in the coming days.
TLAN no one was selling this stock on Friday as it appears the shares now reside in the hands of long time holders, meaning anyone wanting into this growth story will need to be buying on the offer. This stock looks poised to make a run for $.01 in the near future.
Essentially Someone Has Stolen My ID
I have received a few emails from some people who claim I have sent them spam. You have the wrong guy. I was given copies of the email and all I had to do was click the link given in the spam email to figure out who was the perpetrator of the unsolicited spam email. I urge you to follow that link in the email and notify THAT SITES ISP, not mine.
This is the culprits site:
http://pennystockguru16.ru/
This criminal needs to be stopped!
The link on the email leads directly to the site in question and it is not mine!!! Typing penny stock guru in any search engine will bring you here as I have been here for many years and am the leading search result for the term penny stock guru. It does not mean I am the perpetrator of these illegal emails. It means someone created a site called the Penny Stock Guru and is sending illegal spam all over the world to attract people to it. Go to that site in the email and that is the perpetrators site.
I do not email anyone unless they sign up for my service and email lists. Sending spam only makes you look bad, which is the case for those of you who think these spam emails are coming from me. Once again they are not mine, I have not sent them they are from another site who claims to be a Penny Stock Guru. Apparently I am not the only Penny Stock Guru and this other Guru needs to utilize illegal, unsolicited spam to attract people to his site. I do not need to send spam for people to sign up for my service, I do just fine with word of mouth.
I have worked hard to maintain my solid reputation and I do not need it tarnished by people who can't figure out where the emails are coming from and are simply typing pennystockguru into google. This will bring you to my site, which is right because I am the penny stock guru. However I am not the other site that is sending the spam. That is someone else who I do not know, and do not care to ever know. I hope this clears things up for many of you.
Friday, February 18, 2011
Flash Back Friday - VCTY
Back on February 11th 2010, or one year and one week ago, I made VCTY my stock pick. Here are a few links to my posts from back then and here is a chart of VCTY after I made it my stock pick.
http://pennystockgurus.blogspot.com/2010/02/vcty-short-squeeze-on-horizon.html
http://pennystockgurus.blogspot.com/2010/02/vcty-in-midst-of-amazing-short-squeeze.html
http://pennystockgurus.blogspot.com/2010/02/vcty-tradethat-volkswagen-in-for-bmw.html
SEC Hits Alleged Global Warming Busters
SEC Hits Alleged Global Warming Busters
Following similar charges against China Digital, Global Peopleline, and m-Wise and 8 individuals for pumping and dumping the securities of microcap firms through spam e-mail campaigns early this month, the SEC said CO2 Tech Ltd., purporting as a firm providing products and services to fight global warming, touted business relationship with several companies, including Boeing Company, to artificially inflate the prices of stock.
The SEC said the pump-and-dump scheme was done from late 2006 to April 2007 through Red Sea Management Ltd., a Costa Rican asset protection company that laundered millions of dollars in illicit trading proceeds out of the United States on their clients’ behalf. Jonathan Curshen, from Sarasota, Florida who founded and led Red Sea, David Ricci and Ronny Morales Salazar of San Jose, Costa Rica, who were Red Sea stock traders, Ariav Weinbaum and Yitzchak Zigdon of Israel, who were Red Sea clients, Robert Weidenbaum, a stock promoter from Coral Gables, Florida who operates a company called CLX & Associates, Michael Krome of Lake Grove, N.Y., a lawyer who allegedly wrote a fraudulent opinion letter, have altogether settled the separate charges of the SEC and the Justice Department’s Criminal Division.
Weinbaum and Zigdon allegedly initiated the pump-and-dump of CO2 Tech, with Krome issuing a fraudulent opinion letter that enabled them to fully control the shares of CO2 Tech. Large quantities of CO2 Tech stock were then sold to investors by Red Sea which was hired by Weinbaum, the SEC claimed.
Meanwhile, Ricci and Salazar allegedly created a false representation that the market for the CO2 Tech stock was deeper than it actually was by placing multiple layered orders, which inflated the prices. The pump-and-dump scheme eventually earned for them more than $7 million in illicit profits. Zigdon had disseminated the materially false and misleading information about CO2 Tech through press releases while Weinbaum hired Weidenbaum to redistribute the false information through websites, spam e-mails and fax blasts, the SEC added. The pump-and-dump scheme resulted in 81 percent increase to CO2 Tech’s stock and 1,573 percent rise in the volume of trades within a day.
Thursday, February 17, 2011
Fridays Stocks To Watch - NVSR, HLXW, PRMO, EXTO
NVSR this stock is in the midst of an impressive breakout. Three days ago NVSR sat quietly at $.02, today it hit a high of $.10 before closing at $.08 a share. This stock bears watching going forward, continued buying pressure could send this stock to $.15 or better.
HLXW pushed through the recent over hang at $.0007 to bring the $.0008 price into focus. I really like this stock for a nice upward move in the near term. The dilution appears to be over as the authorized and outstanding share counts are virtually identical. Absent a change in share structure additional money flow will put upward pressure on the stock leading to a higher price per share. Simply put: Supply and Demand. As long as the demand stays even and supply drops, the stock has no where to go but up.
PRMO if GTLL can burst higher on its latest string of press releases, then I have little doubt PRMO will perform similarly at some point in the near future. The company reported $4 million in revenue last quarter. $3 million in net income. Extrapolate that over a full year and you are looking at $16 million in revenue and $12 million in net income. This gold stock remains the cheapest in the entire stock market trading between $.0001 and $.0002 a share. It has a large share structure, but I don't think that will matter if investors start catching onto this stock.
EXTO closed at $.008 today. This is a stock I alerted at $.0003/$.0004. It has taken some time, but so do many of my picks and alerts. While everyone else is buying and dumping stocks, most of my picks and alerts stand the test of time. I think EXTO will continue to rally and bears watching going forward.
Charts of The Day - SPRL
Wednesday, February 16, 2011
Thursday's Stocks To Watch - EYSM, SPMI, TLAN, TSNP
EYSM what a great trading session for this stock. It pushed higher throughout the day and closed out the session right at its highs. This creates a bullish scenario for tomorrow, one in which the stock opens the day a few ticks higher and then continues its rally.
SPMI this is a great company wrapped inside a stock that has seen steady dilution for the last 12 months. If today's trading session was any indication, the selling looks to have abated. The bulls took this stock by the horns today and throttled it higher by over 100%, as it hit close to $.04 a share intra-day. Look for that figure to be tested tomorrow and possibly broken.
TLAN a great shareholder update was released by the company today. This is exactly why this stock remains one to watch not just right now, but for all of 2011 and into 2012. The company is growing and the company rests right on the cusp of profitability. The chart shows a stock that is starting to turn and head higher. With continued positive news out of the company I think this stock will continue to move higher with ease.
TSNP this triple zero stock has a float of 1,583,510,270, this was updated on Pink Sheets last week. That figure is an attractive one for a sub $.001 stock. EYSM, which hit $.0015 today has a float of 1,998,358,221 and a similar over all share structure. While I am not looking for TSNP to hit $.0015 in the next couple days (although it could happen) I do think it is poised to rally at some point soon and those that took the gamble at $.0001/$.0002 will be rewarded with some nice returns.
Tuesday, February 15, 2011
Wednesday's Stocks To Watch -ATIG, OTOW, TLAN, HLXW
OTOW closed at a nice round number today of $.01. The buying pressure was consistent all day and the volume was greater than the previous days of this rally. The chart is looking very strong for this stock and I would not be shocked if it opened the session tomorrow up another 20%. From there lets look to see if the same strength we saw today still persists. If so then $.015 should be well within reach for tomorrow.
TLAN has built a solid base right here at $.0033. I see this stock trading over $.01 in the near term, meaning the current prices have the potential to return 300% for those willing to take a chance on this stock. Nothing in this market is guaranteed, but when you do research and utilize your experience you can be right most of the time, which in this market is a great feat. I'm not always right, but when I am it is usually to the tune of hundreds of percent and that is exactly what I see happening with TLAN.
HLXW this stock continues to hold its ground as the dilution appears to be winding down. With the authorized shares and outstanding shares virtually identical, the selling should abate and a nice counter trend rally could be in the cards. This could be one of those stocks that takes the stairs down but uses the elevator on the way up. Essentially it could experience a quick burst higher as it escapes the shackles of dilution.
Chart of the Day - EVCA
EVCA crumbled late in the session on tremendous volume. You would have to think a bevy of shares hit the market late in the day to cause this slide. Regardless it illustrates that all good things come to an end at some point and it is always wise to at least take some of your profits off the table or you risk seeing those profits evaporate in the blink of an eye.
Sunday, February 13, 2011
HLXW - Looking To Make A Move After Hitting New Lows
With recent 20,000 and 50,000% movers TSAS and GWAY last week, everyone can see just how much money can be made trading penny stocks. GWAY was featured on CNBC's homepage the other night, an amazing feat for a stock that traded as low as $.004 the past year. With the U.S. government printing money almost as fast as a Pink Sheet stock prints shares, you are starting to see this cash enter the highly speculative penny stock market. That money is flowing in many directions, and one way to make money in this market is to figure out exactly where that money is going.
I think some of that money is heading toward the bottom plays. Face it, when a stock falls it at some point or other it will bounce. Finding that bounce is the tough part, making money when it starts bouncing is much easier, which is where HLXW comes in. This stock just in the past year has dropped from $.65 a share to $.0005 and now rests at $.0007 a share. How did it get there? From dilution. HLXW has been selling stock hand over fist for the last two years in order to get its innovative business going.
The good news is, as it stands right now, the company has very little additional shares available to sell. Essentially the tank is dry, the printer is out of ink, which is why I think this stock stands a good chance at a substantial rally from here. Penny stock traders are always on the look out for stocks that have fallen dramatically. Catching a falling knife can be a very lucrative proposition and in HLXW's case the 200 day moving average sits at $.009 a share. A rally from these levels could see very little resistance to the upside.
Lets also think about the company behind this stock. This is an alternative energy play. With oil continuing its rise, the alternative energy space is a smart place to be positioned in 2011 and beyond. HLXW's innovative products capitalize on consumers demands for clean energy products.
A HLXW product can be used residentially to replace entire electricity demands. Homes using HLXW products can be removed from the power grid after being set up and depending on where the customer lives they can recoup the set-up costs in less than 5 years. From that point on the resident is receiving free electric via their Helix Wind Device. There are also commercial uses for HLXW products. The company is working to provide Lincoln Financial Field, home of the Philadelphia Eagles, with 80 Helix Wind units. Not only is htis great exposure for the company is shows the potential demand for HLXW products. The bottom line: There is more to this stock than just a bottom, share maxed out type play. This is a legitimate start-up company that has significant potential.
No matter how you want to view HLXW there is no doubting the potential it has for a rebound and it bears watching going forward.
Monday Stocks To Watch - TLAN, HLXW, CTCC, PRPM
For example TLAN. Some of you may wonder why its on my watch list almost every night. For one I picked the stock late last year at lower prices and still think it has a lot of room to go to the upside. Secondly I think the stock offers a great short term and longer term trade. Although it has gyrated some in the past, the stock has stabilized,and in my view, makes a sound penny stock to watch almost every day of the week. I think it should trade to $.01 or better from here, and until it does expect it to be on my watchlist, unless the company does something to make me change my stance.
CTCC will be on my watch list going forward because I think it is a compelling turnaround story. With its small share float and potential for big gains as news hits the wires, this stock should be good for some nice profits from here. There will always be people who disagree with my opinion, and at times they will be right. UWRL never panned out like I thought it would, at least not yet. I did pick that stock at $.0006 and it did hit $.003 3 days later for a 500% gain, but the run to $.006 has yet to happen. Why? For one the company took way to long getting their house in order. Secondly the company is facing a lawsuit from prior issued notes. Finally investors moved on after the company raised its authorized stock to almost 3 billion shares. A 50% increase in the authorized should crimp my $.006 target by a similar number. Needless to say we need some progress in the lawsuit and a some reassurances from the company before adding it back to the watchlist.
HLXW will be a stock to keep a close eye on the next few days and possibly weeks. The authorized shares are almost completely utilized meaning the dilution that brought this stock down from almost $3 last year to $.0005 is about done. The stock could see a nice relief rally from a year of selling. Just looking at the chart for HLXW you would have to think people were selling into this, meaning any rally could bring with it some short covering.
PRPM I still think we see $.001 and better here soon. I was chirping about this stock at $.0002 and $.0003 and right now its at $.0005 and $.0006. It may take a few more days, but soon enough I think it moves out of the triple zero range.
I Do Not Send SPAM - You Have The Wrong Penny Stock Guru
I will say it again: I am not behind any of these spam emails. Those of you who are searching for penny stock guru and assuming that I am behind these malicious emails you are wrong. I have the link to the web site that is trying to capitlize upon my success and hard earned reputation.
I want this to stop more than any of you. I wish I knew how, my inbox is being filled with more email about this than I care to share and this is the biggest headache I have had since starting my service. So if you think I am behind this you are wrong. If anyone knows what I can do to stop these thieves from stealing my good name and using it to send illegal, unsolicited spam via hijacked email addresses please let me know. I do know that it is a Russian web site. I will provide the link so that maybe someone here can help me resolve this.
http://pennystockguru16.ru/
Notice the only thing these THIEVES and CRIMINALS share with me is the word pennystockguru in their web address. Anyone can become a penny stock guru by creating a web site saying penny stock guru. That is what they have done here.
Let me repeat: You have the wrong guy. I was given copies of the email and all I had to do was click the link given in the spam email to figure out who was the perpetrator of the unsolicited spam email. I urge you to follow that link in the email and notify THAT SITES ISP, not mine.
The link on the email leads directly to the site in question and it is not mine!!! Typing penny stock guru in any search engine will bring you here as I have been here for many years and am the leading search result for the term penny stock guru. It does not mean I am the perpetrator of these illegal emails. It means someone created a site called the Penny Stock Guru and is sending illegal spam all over the world to attract people to it. Go to that site in the email and that is the perpetrators site.
I do not email anyone unless they sign up for my service and email lists. Sending spam only makes you look bad, which is the case for those of you who think these spam emails are coming from me. Once again they are not mine, I have not sent them they are from another site who claims to be a Penny Stock Guru. Apparently I am not the only Penny Stock Guru and this other Guru needs to utilize illegal, unsolicited spam to attract people to his site. I do not need to send spam for people to sign up for my service, I do just fine with word of mouth.
I have worked hard to maintain my solid reputation and I do not need it tarnished by people who can't figure out where the emails are coming from and are simply typing pennystockguru into google. This will bring you to my site, which is right because I am the penny stock guru. However I am not the other site that is sending the spam. That is someone else who I do not know, and do not care to ever know. I hope this clears things up for many of you.
Friday, February 11, 2011
TSAS - Surges Over 20,000% In First Few Hours Of Trade
The week started with a bang as a GWAY soared over 55,000% and now it will end with another bang. TSAS opened the session at $.003 and has hit a high of $.55. To put that move into perspective a $90 trade went through this morning near the low and it could be sold for $16,500 only a few hours later.
CBAI - To Reverse Split Stock Leaving Shareholders With 1 Share for Every 500 They Have Purchased
Anyone that has read this blog for the last year would have been able to see this coming. CBAI has had a couple of good runs, but in the end shareholders will end up, as usual, getting the shaft.
With almost 6 billion shares outstanding, the reverse split will send that number to 12 million. The lone bright spot is the reduction to 100 million authorized shares, of course that can always be revised upward if/when the company reaches 100 million outstanding. This should come rather quickly judging by the company's history.
Here are some of my blog posts on CBAI
http://pennystockgurus.blogspot.com/2010/01/cbai-company-losing-2-million-per.html
http://pennystockgurus.blogspot.com/2010/01/cbai-outstanding-shares-growing-at.html
http://pennystockgurus.blogspot.com/2010/01/cbai-losing-over-2-million-quarter.html
http://pennystockgurus.blogspot.com/2010/01/cbai-run-is-over.html
http://pennystockgurus.blogspot.com/2010/01/cbai-guru-called-top-on-january-5th.html
http://pennystockgurus.blogspot.com/2009/12/cbai-sell-sell-sell.html
http://pennystockgurus.blogspot.com/2009/12/cbai-another-840000000-shares.html
http://pennystockgurus.blogspot.com/2010/01/cbai-ready-for-its-big-fall.html
I pretty much nailed in on the head in each post. Maybe this reverse split is the start of new things? Maybe they won't dump relentlessly into the market. Either way current shareholders will be holding onto a heck of a lot less shares after this 500 for 1 recapitalization.
Thursday, February 10, 2011
Friday's Stocks To Watch - SFSH, TLAN, GLER, CTCC
SFSH is giving the "dump and run" a good name. After a precipitous fall SFSH is in the midst of a great counter rally and just may see a push back to $.01. As long as we see the buying continue I have little doubt that SFSH sees $.005 - $.006 tomorrow.
TLAN the bid firmed today and the stock looks to have turned the corner. The MACD looks to be turning and should make a bullish crossover. With the reduced float and the company on the brink of profitability this stock is trading well below what I think it's fair value is. TLAN was recently valued at $.05 a share for an acquisition and should, in my view, be trading over $.01 in the short term.
GLER what a rally today. The stock was up 320% on the session and closed a tick below its 200 day moving average. I always tell my readers and subscribers not to chase, but a firm break of the 200DMA could be a buying opportunity. Let's see what transpires out of the gates tomorrow.
CTCC more great news out of this company. It seems to have fallen on deaf ears, which makes this stock even more attractive. The time to be buying a stock is when no one else is. With its low float and the company already bringing value into these shares, at some point the share price will break out. Until then you are buying a quality stock when no one else is, and that can be a very profitable endeavor.
Chart of the Day - GWAY
GWAY just kept moving higher today hitting $5.39 before closing at $4.50. As I tweeted earlier today someone, the day GWAY rallied from pennies to dollars, purchased two 5k blocks at $.02 for a total purchase price of $200. Those $200 two days later could have been sold for over $50,000. $200 turned into $50k in two days.
Wednesday, February 9, 2011
Thursday's Stocks To Watch - CTCC, EXTO, TLAN, BYRG
CTCC a great day today for shareholders as the stock pushed higher on light buying pressure. It seems no one is willing to sell at these prices. Shareholders await some exciting developments which should restore value in the stock. This was a $.46 stock last year, and this $.02 stock could see a big move higher as the company follows through on its plans.
EXTO I alerted my subscribers to this stock at $.0003. It closed today at $.0077. It looks like this stock wants to see $.01. Let's see if I'm right again.
TLAN this stock is ripe for the picking. It closed up two ticks and could see an even bigger move if the buyers continue to come into this stock. It has a low float, a great story, and the company just reduced its float by over 11 million shares. TLAN, in my view, should be trading well over $.01 in the short term.
BYRG this stock has come out of no where the last few sessions. Volume and price is on the rise and that means you should be adding this one to your watchlist. As I always say, follow the money. And right now there is some nice money flow into this stock.
I Do Not Send Spam Email - You Have The Wrong Penny Stock Guru
The link on the email leads directly to the site in question and it is not mine!!! Typing penny stock guru in any search engine will bring you here as I have been here for many years and am the leading search result for the term penny stock guru. It does not mean I am the perpetrator of these illegal emails. It means someone created a site called the Penny Stock Guru and is sending illegal spam all over the world to attract people to it. Go to that site in the email and that is the perpetrators site.
I do not email anyone unless they sign up for my service and email lists. Sending spam only makes you look bad, which is the case for those of you who think these spam emails are coming from me. Once again they are not mine, I have not sent them they are from another site who claims to be a Penny Stock Guru. Apparently I am not the only Penny Stock Guru and this other Guru needs to utilize illegal, unsolicited spam to attract people to his site. I do not need to send spam for people to sign up for my service, I do just fine with word of mouth.
I have worked hard to maintain my solid reputation and I do not need it tarnished by people who can't figure out where the emails are coming from and are simply typing pennystockguru into google. This will bring you to my site, which is right because I am the penny stock guru. However I am not the other site that is sending the spam. That is someone else who I do not know, and do not care to ever know. I hope this clears things up for many of you.
Tuesday, February 8, 2011
Wednesday's Stocks To Watch -CTCC, PFMS, EFTI, TLAN
PFMS one down day after 5 straight days of gains, I think that's healthy for this stock. Nothing should go straight up, a pull back allows for the next move higher, as people who were looking to get in, can now do so at a lower price. It also takes the weaker shareholders out of the picture, namely the ones that aren't holding for the big profit potential. A stock that wants to run big needs a strong shareholder base and this pull-back could be doing just that, getting stronger shareholders into the stock.
EFTI is an active shell stock awaiting a merger candidate. We all saw what a reverse merger could do for s stock today as GWAY soared over 23,000%. Accumulating a shell stock like GWAY could make you very rich in only a few hours. GWAY from $.01 to $2.98 in a few hours. Need I anymore evedince of what owning a shell stock can do for your portfolio?
TLAN today's pull back offers a great buying opportunity. The pull back was on light volume and could incite some buying tomorrow as traders try to get in at a cheap price. I think this stock, which closed at $.0031 today, should see $.01 and better in the near term.
AUCI - $.10 Offer Pulled Only Hours After It Was Announced
For the few of you that follow me on twitter http://twitter.com/bob_wilcox you would have seen my tweets on AUCI. Of course I never for a second believed all 300+ million shares of AUCI common stock was to be bought for $.10, or over $30 million! None the less the stock saw some nice movement higher and in this market that is what we are here for. The big profitable moves. Buy the hype, sell for a profit, and move on.
We've had THRR and EWRC, to name a few, come across with these obviously fictitious buyout offers and in the end the stock plummets back to where it came from, and in THRR's case, a reverse split occurs. At least with THRR and EWRC the buyout drama lasted several trading sessions. AUCI, however, saw its supposed buyout last less than a full trading session. It was remarkable. The house of cards only held in place for a few hours before it came crumbling down.
To think some poor traders may have simply went to get a beverage, or gone out for a smoke, only to return to complete carnage as AUCI dropped over 75% off its highs on news that the $.10 offer was rescinded. Now we know that this $.10 offer never really existed in the first place, but the removal of this bogus buyout took away the only thing propping up this stock, and it crumbled in rapid fashion.
In this market big gains can be taken away in the blink of an eye. Trade smart and don't believe everything you read on those news wires. If it sounds to good to be true, you might want to buy it, but be sure to have your finger on the sell button.
GWAY - Soaring 23,000% on Reverse Merger News and Filing
And then the news hit the wires about the reverse merger, I have pasted it below for your reading pleasure. GWAY proceeded to mount an extraordinary rally topping at $2.70 (at least as I write). The investor who bought $1,250 at $.05 this morning, is sitting on $68,750, how that for a days "work"?
These reverse mergers remain, as I have stated numerous times, the most lucrative trade in the penny stock market. I have brought many to this blog the last few years, nothing of the 23,000% variety, but many 1,000% or better. The again there is always a first time.
NEW YORK, Feb 08, 2011 (BUSINESS WIRE) -- Leading media entrepreneur Robert F.X. Sillerman announced that he has reached an agreement to acquire control of Gateway Industries, Inc. (GWAY.PK) to serve as the vehicle for his new venture. Upon closing of the transaction, Gateway Industries, Inc. will be recapitalized and renamed Function (X), Inc. with the ticker symbol (FNCX). Sillerman has a proven track record of pioneering some of the most successful and profitable businesses in television, radio, promotion, marketing and live entertainment. With the sales of SFX Entertainment and SFX Broadcasting, Sillerman has driven some of the largest transactions in the history of live entertainment and radio.
Berenson & Company, LLC is the exclusive financial advisor to Function (X) Inc. on this transaction, which is expected to close shortly. Further details about Function (X) will be announced in the coming weeks.
About Robert F.X. Sillerman
In February 2005, Sillerman formed CKx (NASDAQ: CKXE) to engage in the ownership, development and commercial utilization of entertainment content including American Idol. Sillerman announced his resignation as the Chairman and Chief Executive Officer of CKx in May 2010, to bid to acquire the company and to pursue other ventures. He remains CKx's largest shareholder. Sillerman is also the Chairman and Chief Executive Officer of Circle Entertainment Inc. (CEXE).
Sillerman was the founder, Executive Chairman and a major shareholder of SFX Entertainment, the world's largest presenter, promoter and producer of live entertainment, from 1997 until its sale to Clear Channel Communications in August 2000. Previously, he was a founder, major stakeholder and served as Executive Chairman of SFX Broadcasting, a leading owner and operator of radio stations, from 1992 to 1998, when he sold the company to an affiliate of buyout firm Hicks, Muse, Tate & Furst.
Safe Harbor Statement
This press release is for informational purposes only and is not being made in any jurisdiction in which the making of this announcement would violate the laws of such jurisdiction, nor is it an offer to purchase or sell, a solicitation of an offer to purchase or sell, any securities of the Company.
SOURCE: Function (X), Inc.
Monday, February 7, 2011
Tuesday Stocks To Watch - BFHJ, STHG, TLAN, CTCC
BFHJ looks like this stock is starting to get going again. Both the 200 and 50 day moving averages are at $.0016, where did BFHJ close - $.0017. I think this sets the stock up for a nice move this week and possibly beyond. I'd like to see a close at or above $.002 tomorrow in order to remain confident.
STHG follow the money. $127k in money volume and it closed 71% higher. I think this stock will make for a great trade tomorrow. I think it trades in the $.001 - $.0017 range tomorrow, which should make the daytraders some money. If the money flow stays, then this stock could post a nice multi-day run from here.
TLAN the stock pulled back a notch, and currently, in my view, offers a great chance to make some money. As I have stated previously I think this is at least a $.01+ stock and I see it trading well over that at some point this year. The company financials should be out soon and this could provide the impetus for the next big move for this stock. Also don't forget the float has been reduced by 11.5 million shares, that bodes well should the buying pressure return in earnest.
CTCC we had a glimpse last week at just how quickly this stock can soar with even the slightest of buying interest. I view this stock as a longer term trade, one based on the company following through on its recent shareholder update. So far it seems they are going to come through with their promises as evidenced by Thursdays late day press release. This formerly $.46 stock should head much higher from here as the details trickle out from the new CEO and management.
Charts of The Day - PFMS
PFMS closed higher for a 5th day on very impressive money volume. The match that lit the fire under PFMS was the recent change to REN MIN LIU as President and Director. This was posted on January 31st with a new annual list at the Secretary of State. As I have stated numerous times, change is good, and judging from how the investment community is reacting, this change is very good for the stock.
Sunday, February 6, 2011
Mondays Stocks To Watch - TSNP, CTCC, TLAN, NWTT
CTCC the stock pulled back much further than expected on Friday which could be viewed as good news for anyone wanting to get into this stock ahead of more forward looking events. I think the stock will have a great week. As the company continues moving forward we should see the share price move forward as well.
TLAN this stock continues to look solid at current prices and I think at this stage we are only days away from a push to new recent highs. Thus stock has a lot going forward and I don't think that will change anytime soon.
NWTT looks to be moving up again after a nice, almost two week, consolidation. We all know how quickly this stock can move higher. I think we can see $.001 rather quickly.
Thursday, February 3, 2011
Friday's Stocks To Watch - CTCC, PRPM, TSNP, PRMO
PRPM continues to gain momentum. You have to like the way its trading now and at some point I think it will leap over $.001. Don't forget about the potential company share buyback and other recent positive news.
TSNP the $.0003's were getting purchased in earnest near the end of the day. I do not think it will be long before this stock sees $.0004 and $.0005, possibly as soon as tomorrow.
PRMO I have not forgotten about this stock and it still remains the least expensive gold stock in the entire market. I think at some point this $.0001/$.0002 stock will break out in a big way.
CTCC - City Capital Corporation Acquires ERX Energy, LLC
Today's press release signifies the first step toward restoring value to this stock and its shareholders. You really have to like this turnaround story, and it is starting to get reflected in the share price. After today's bullish news (pasted below), I think this stock could reach $.07 - $.10 in the short term. This was a $.46 stock last year without the new leadership in place. You would have to think this stock has more value now, then it did back then, which is why I think CTCC has a long way to go to the upside.
NEW YORK, NY, Feb 03, 2011 (MARKETWIRE via COMTEX) -- City Capital Corporation (PINKSHEETS: CTCC) today announced the launch of its newly acquired subsidiary, ERX Energy LLC. ERX was formed to specifically target compelling technology and services in the alternative energy marketplace. ERX Energy, LLC will initially focus its efforts within the roofing industry, with specific concentration in the solar roofing design, manufacture, installation, repair, and maintenance arena.
Jeffrey Smuda, Chief Executive Officer of City Capital Corporation, stated, "2011 marks the beginning of a new direction for the company. City Capital Corp. has initiated a comprehensive debt restructure program that is already underway. The company has established a debt resolution team with the goal of restructuring ninety percent of company debt, and during the fourth quarter of 2010 divisions that were not maximized were liquidated. The company is currently liquidating its Sweepstakes, Laundry, and Petroleum subsidiaries to allow the company to focus on the high growth energy space. With our renewed focus on alternative energy services and technology, and a keen eye on corporate cost reduction and control, City Capital Corp. is confident that the company and shareholders will benefit from these measures as we look to expand our presence in the alternate energy industry."
About City Capital Corporation City Capital Corporation (PINKSHEETS: CTCC), founded in 1984, is a leader in the production and distribution of emerging new technology. Its holdings include corporate owned retail stores and partnerships across the nation. City Capital through its subsidiaries and joint venture partners seeks to expand its presence in the alternative energy services industry.
Contact:
IR@CityCapCorp.com
City Capital Corporation
www.CityCapCorp.com
Tuesday, February 1, 2011
Wednesday's Stocks To Watch -TSNP, PRPM, TLAN, BKPR
PRPM investors are finally starting to catch onto this stock. The company announced a share buy back for 2011, as well as other promising plans. I think we see more of the same tomorrow and possibly a move to $.0005 - $.0006. From there things will really get interesting.
TLAN with each passing day I feel better and better about this stock. It traded strong again today and looks poised to break out higher. At current levels I think TLAN stands to gain 100 - 150% in the short term and more down the road as the company grows and starts to turn a profit.
BKPR rallied twice today before closing higher by one tick. I think tomorrow t could break through the resistance we saw today at $.0014. The support is strong and I think many will jump on board when the stock starts moving.