ETLS - My Comparison To VCTY Two Days Ago Looks Spot On - ETLS $.026 on Monday?

Today ETLS closed at the high of the day and traded like a coiled spring.  I still don't think that spring has sprung.  Why?  If ETLS is indeed following in the path of VCTY, as charts and market maker shorting indicate, than ETLS could see a price per share of $.02 or better as early as Monday.

I have a few VCTY charts from a few months back.  VCTY was a Penny Stock Guru stock pick for my subscribers at $.0008 a share.  After a week of steady buying the stock started to make a move higher.  AS the buying pressure increased and the short market makers realized their dilemma, VCTY vaulted all the way to $.0265.  I could see the same scenario happening with ETLS.

For those of you who weren't readers back then, I was on to the VCTY short squeeze possibility from the start. Here is a link to one of my posts:

http://pennystockgurus.blogspot.com/2010/02/vcty-could-vcty-be-volkswagen-of-pink.html

This is a chart of VCTY that I would say is comparable to today's ETLS close.  VCTY closed at $.0077 on this chart, ETLS today closed at .0075.

The very next trading session VCTY was the subject of a massive short squeeze and the stock soared almost 200%:

Now lets look at ETLS and VCTY on the same page and it becomes quite clear ETLS is embarking on the same type of run that will bring ETLS shareholders to a very lucrative destination:

ETLS is a stock with some very explosive ingredients.  It has tightly held shares, an ever increasing investor base, and nervous shorts hoping interest wanes on the stock so they can cover at lower prices.  I'm betting they won't get the chance.

The Guru's initial targets on ETLS when it was trading at $.0007- $.0015 was $.005 - $.0075.  We closed at $.0075 today.  Now would be the time to issue my new targets.  These numbers are incumbent upon continued buying pressure on Monday and the days ahead:

Monday $.012-$.015
Ultimately $.02+.

This could be a historic squeeze and one that will be fun to watch.

ETLS - Shares In Short Supply - Are We Looking At The Next VCTY?

You can do a search for ETLS on this blog and see I have been high on this stock all year.  Today's action turned my bias from bullish to uber-bullish.  ETLS broke firmly out of its ascending channel to close impressively at the high of the day.  With almost 80 million shares trading hands the market makers, in an effort to maintain an orderly market, were likely selling shares they did not own, essentially naked shorting the stock.  Little did they know that 102 million of the 300 million authorized shares are locked up and accounted for with a recently filed SC 13D/A.  The rest of the shares have been under some serious accumulation the last several months.

We saw a very similar situation with VCTY (do a search for VCTY in this blog and you will see what I am talking about).  With VCTY market makers were filling orders with shares they did not own, as the share volume was not representative of the share structure.  When these market makers began to realize their faux pas, they scrambled to cover their positions in the open market, driving the price of VCTY up over 3000% when all was said and done.

Could ETLS see that type of run?  Absolutely.  Another 80 million share day will leave the market makers clamoring for share's they should have never sold in the first place.  These plays give the retail investor a chance to enact revenge on the same market makers that have been skimming dollars out of their pocket on a daily basis.

This could be some short squeeze to behold.  ETLS is a must watch going forward.

CAGI - Getting The SHORT End Of The Stick

CAGI experienced record volume today and the price of the stock went.... down?  It makes you wonder why, as there has been no obvious selling of the issue until today.

The answer to who was selling came from a Guru Member who discovered that over 58% of the trades today were short sales, and knowing how these unscrupulous market makers work, these shares are most likely phantom shares.  It has to be nice to be able to make something out of thin air and sell it.  The problem with selling something you don't own, is what do you do when you have to buy it back for a substantially higher price?

Market makers who shorted VCTY should be able to answer that question.  Those market makers were shorting VCTY to no end at $.0013 to $.003.  Guess where they had to cover their ill-advised short positions?  I'll give a hint... VCTY hit $.0265 a share.

CAGI has a very tight share structure.  The stock has recently been reactivated as the gold bugs have come out of the woodwork.  CAGI is looking to capitalize on this.  Their recent press is pasted below for your reading pleasure.

When CAGI was actively traded it exchanged hands at over $.03 a share.  With some new found interest and some market maker covering this stock could be heading higher from today's $.0012 close.  Keep it on your radar.

CA Goldfields corporate update
TORONTO, Dec 15, 2009 /PRNewswire-FirstCall via COMTEX/ -- CA Goldfields Inc. (OTC:CAGI.PK) is pleased to announce that it is revisiting its opportunity in the La Curva property in Nicaragua due to the recent high gold prices and maintained low extraction costs of mining in the area. This property known as "La Curva" borders the "Hemco Nicaraguan Concession", which has been a profitable gold producer for years. La Curva has never been exploited commercially but artisanan diggings performed by local miners indicate superficial gold deposits in various areas of the property. Existing assay results for the District of Bonanza indicate that 60% of all its land area contains economically exploitable gold reserves.
The property has a terrestrial expansion of approximately 2,000 acres and is located in Bonanza, a mining district that forms part of the world famous Golden Triangle of Nicaragua. The District of Bonanza has been a major contributor to the gold production in Nicaragua.
Gold prices will hit $1,500 an ounce in 2011 when oil prices move back above $100 a barrel as emerging market growth creates shortages, Bank of America Merrill Lynch said recently.
Jim Rogers, a famed investor known for his bullish calls on commodities, said recently that gold prices could top $2,000 an ounce within a decade. Investors will buy gold as a protection against a weaker U.S. dollar, he said
CA Goldfields currently has 237,000,000 shares outstanding . The transfer agent is Transfer Online of Portland, Oregon.
This press release contains "forward looking" statements within the meaning of Section 21A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934 as amended, and are subject to the safe harbors created thereby. Such statements involve certain risks and uncertainties associated with an emerging company. Actual results could differ materially from those projected in the forward-looking statements as a result of risk factors discussed in New Wave Media Inc. reports that will be on file with the US Securities and Exchange Commission.
www.cagoldfields.com
SOURCE CA Goldfields Inc

VCTY - Trade That Volkswagen In For A BMW

Any one who has been reading this blog recently knows how strongly I've felt about VCTY, and some of you may already be upgrading your wheels for a newer model.  I've received quite a few emails thanking me for bringing VCTY to their attention.  It has become a cash cow and I don't think that will change short term.

Today's money volume was impressive posting almost $1 million.  When I first brought VCTY to the blog it was trading only $20-$30k a day.

 I've been pounding the pavement about the obvious shorting of the stock.  I'm not a big fan of the penny stock shorting scenario but when it is just out there in plain sight it is hard to ignore.

VCTY has proven to be a huge money maker for my readers and subscribers and I don't think the run is over just yet.... why?  Because it appears these greedy market makers haven't even begun to cover their shorts in earnest.  So let's trade that Volkswagen in for a BMW... And after the run is over maybe a Ferrari.

Today's volume of 41 million shares represents almost 40% of the authorized shares.  Once again I question how 40% of the authorized can trade on a given day without a 300-400% gain.  This is after numerous trading sessions at much lower prices, where the stock languished and appeared to be manipulated.  Do not forget we still have that 88 million share day to account for.  Where did all those shares come?

These market makers are professionals at shaking retail traders out of their positions.  All they need to do is pull any bid support and the price comes under serious pressure. .

There is still the chance VCTY could post even more gains.  I think the market makers are still unsure whether this run has legs, otherwise they'd have covered their positions and the stock would be over $.05.  If the buying keeps up VCTY will be a stock that is talked about, and compared to, for many years to come.

VCTY - In The Midst Of An Amazing Short Squeeze

VCTY exploded today, most notably late in the session as market makers scrambled to buy whatever shares were left to be had under $.01


Speechless..... That was an email I received from a subscriber today. You read press and rumors about a short squeeze, but to actually witness it coming to fruition is a sight to behold. In all my years of following penny stocks, very rarely do these short squeeze scenarios actually hold water. I think it is fairly obvious that this is exactly what is happening with VCTY.

Consider today when over 40% of the authorized shares traded hands. Or Thursday of last week when almost 90% of the authorized shares traded hands. There simply is not that many shares to justify the volume. Someone is providing liquidity with phantom shares. That is the only logical explanation. If this stock was trading at $.05-$.10 then I may change my stance. But since the price of the stock does not jive with the volume and authorized shares, I have little doubt that market maker NITE is short shares in a big way.

My claims of a short squeeze will be confirmed on Monday when VCTY opens the session over $.01 amid a continuing short covering scenario. It is about time these greedy market makers paid the price for their games. With continued short covering and increasing investor interest VCTY looks poised for some remarkable gains next week.

VCTY - Could VCTY Be The Volkswagen of The Pink Sheet Market?

For those of you who do not know, Volkswagen was the recipient of one of the most historic short squeezes of our time.  The company, at one point, became the worlds largest by market value... not because it deserved it, but rather because some greedy institutions had shorted the stock to no end, thinking there was no way the stock could rise.  Well they were wrong and the stock soared amid a short covering buying frenzy.  Could we be seeing a similar scenario with VCTY in the coming days?  Could the culprits in this case be greedy Pink Sheet market makers who work under the assumption that these Pink Sheet stock go down, not up?

Obviously the scale and scope of a VCTY short covering rally will pale in comparison to Volkswagen, but then again you never know. When you consider the authorized share count with the amount of shares that have traded recently, it makes you think just how many shares have been sold naked.

Today alone VCTY traded 1/5th of its authorized shares.  We've beaten this horse before, but it bears repeating.  VCTY has only 105 shares authorized to be traded in the market place.  On one day last week the stock traded 88 million shares, or pretty darn close to the entire authorized shares.  The following day it traded almost 35 million shares for a two day total of 123 Million shares.

My point is someone is selling shares they don't have.  This is the only logical explanation for the volume and price action.  The day of reckoning is nearing as the stock is still under some serious accumulation.

Whoever is shorting the stock is betting that the price will fall so they can buy back the phantom shares they've been selling.  If the stock does not fall, and continues to rise,  these shares will have to be bought back on the open market.  Also consider that a rapid rally in the shares will incite a greater need to cover short positions.

This is shaping up to be a promising situation for VCTY longs.  It should be interesting to watch this stock trade over the next few days.

VCTY - A Short Squeeze On The Horizon?

VCTY has surged in recent days amid record volume.  Between Thursday's 88 million share day and today's 35 million share day - 123 million shares have traded hands.  Now consider the fact the only 105 million shares are authorized to be in circulation, something is awry.

Market makers help maintain an orderly market.  What if a market maker, in trying to keep trading for VCTY orderly and liquid, sold shares he didn't have to achieve this?  It is not an uncommon practice and the NASDAQ posts a list of stocks with current fail to delivers here: http://www.nasdaqtrader.com/Trader.aspx?id=RegSHOThreshold  .    These are stocks where shares have been created out of thin air and sold, which is something a Pink Sheet market maker feels he can do with little recourse because he assumes the stock will fall back down to where it came from.... but what if it doesn't?  What if the market maker doesn't know that the volume of the stock is far beyond what it should be for the current authorized share count?  If this is indeed true a significant short squeeze would occur vaulting the price of VCTY shares much, much higher. 

On Thursday VCTY traded almost 88 million shares or over 75% of the current authorized.  I understand some of those shares were day traded, but even if the outstanding share count is 105 as well (which it isn't) then almost all of those shares would have been traded in one day.  It just isn't possible or likely.  The more likely scenario is a market maker, in an effort to keep trading orderly sold shares he didn't have knowing, or starting Tuesday hoping, he will be able to buy them back for a lower price.  I don't think he'll be that lucky.

VCTY has many things going for it currently, besides from the obvious buying interest, price momentum, and low authorized share count.  The stock was recently taken over by Mina Mar Group.  These are the same people behind SKGO's run from $.0001 to $.008+, GOIG's recent run from $.0004 to $.0044, RMDM's run from $.0001 to $.0015, EEGI's run from $.001 to $.038.  Anyone buying shares today knows that at some point this stock will be trading MUCH higher in the near future.  Factor in some market makers who have sold shares they don't have and you could be looking at a wicked short squeeze in the near future.

VCTY should be an interesting stock to watch, put it on your radar.