Some traders might be looking to rest up for the new year, if you are not one of them here are a few penny stocks to keep your eyes on:
SGGC has had one red day since its run started weeks ago. Certainly worth a look.
COPI might be turning profitable? Do your own DD with this one but the potential for a run has already been proven, its just a matter of sustaining a run now.
GSNH might dip a little and could be a good entry for those looking for a reverse merger play in its infancy.
Happy New Year to All and Green trading!
Sunday, December 30, 2007
How To Trade Pink Sheet Stocks
Choose a Broker
Prior to making a decision to purchase OTC securities we strongly advise you to read our Risk Warning. and Investor Protection Information
Why doesn't your online broker have real-time Pink Sheets quotes? Probably because their customers have not complained enough. Tell your online broker you want to see real-time Pink Sheets quotes on their web site now.
You must open an account with a brokerage firm (the entity that executes your buy and sell order) to buy Pink Sheets stocks. Investors cannot buy or sell securities directly through the Pink Sheets. While your brokerage firm account will allow you to trade Pink Sheets stocks, as well as those listed on NASDAQ, the New York Stock Exchange, and other venues, investors should clearly understand that trading practices for OTC securities are different from those of securities traded on exchanges. Your broker or the market maker they route your order to, may not provide you with limit order display or instantaneous executions in Pink Sheets stocks.
Unlike those listed on NASDAQ and New York Stock Exchange, Pink Sheets stocks are not required to meet listing standards. This means there is a wide range in the quality of issuers that are traded in the Pink Sheets, from major international conglomerates to very small companies struggling to survive. Investors must be aware that good information is simply is not available for many Pink Sheet traded companies and that there are unscrupulous individuals that will attempt to defraud investors through manipulative schemes in Pink Sheets stocks. While Pink Sheets cooperates fully with securities regulators and those regulators are continually working to combat fraud, it is not possible to eradicate fraud from the markets. Accordingly, you must be very careful in making a decision to invest in a Pink Sheets stock or any OTC Security.
Prior to making a decision to purchase OTC securities we strongly advise you to read our Risk Warning. and Investor Protection Information
There are three types of brokers: a full service broker, a discount broker, and an on-line broker. Full-service brokers offer advice with reports from their firm's research department as well as execute transactions for you. Discount brokers charge less per transaction but offer less investment advice. Online brokers are the least expensive way to trade your stocks; you use the internet for transactions and your own research.
Before you choose a broker, ensure that the firm will accept orders in Pink Sheets stocks. Not all brokers do!
Limit Order vs. Market Order to Know the Difference Between a Limit Order vs. Market Order
When placing an order with your broker, you will come across such terms as Market Order and Limit order. It is important that you understand each type of transaction.
To avoid buying or selling a stock at a price higher or lower than you intend, place a "limit order" rather than a "market order." A limit order is an order to buy or sell a security at a specific price. When you place a market order, you can't control the price at which your order will be filled.
Because the market price for your stock may go up or down considerably before your trade goes through, with a market order you may end up paying more for the stock than you intend, or selling at a price lower than you wish.
For more detailed information please read SEC publication Trade Execution: What Every Investor Should Know.
Always Research Your Proposed InvestmentYou should not make a decision about investing your money in a particular company solely on the basis of a "hot tip" or someone's advice. It is important that you make an informed decision based on your thorough research of the company's annual report and current financial statements. To learn how to invest wisely and avoid fraud visit Investor Information Section of the SEC website.
List of Online Brokers that Trade Pink Sheet Securitites
Below is a list of brokerages that trade Pink Sheets securities (please note, these are mostly discount and online brokerages):
E*Trade Financial
Ameritrade
Charles Schwab
Accutrade
Brown & Company
HarrisDirect
Trading Direct
myTrack
Scottrade
Prior to making a decision to purchase OTC securities we strongly advise you to read our Risk Warning. and Investor Protection Information
Why doesn't your online broker have real-time Pink Sheets quotes? Probably because their customers have not complained enough. Tell your online broker you want to see real-time Pink Sheets quotes on their web site now.
You must open an account with a brokerage firm (the entity that executes your buy and sell order) to buy Pink Sheets stocks. Investors cannot buy or sell securities directly through the Pink Sheets. While your brokerage firm account will allow you to trade Pink Sheets stocks, as well as those listed on NASDAQ, the New York Stock Exchange, and other venues, investors should clearly understand that trading practices for OTC securities are different from those of securities traded on exchanges. Your broker or the market maker they route your order to, may not provide you with limit order display or instantaneous executions in Pink Sheets stocks.
Unlike those listed on NASDAQ and New York Stock Exchange, Pink Sheets stocks are not required to meet listing standards. This means there is a wide range in the quality of issuers that are traded in the Pink Sheets, from major international conglomerates to very small companies struggling to survive. Investors must be aware that good information is simply is not available for many Pink Sheet traded companies and that there are unscrupulous individuals that will attempt to defraud investors through manipulative schemes in Pink Sheets stocks. While Pink Sheets cooperates fully with securities regulators and those regulators are continually working to combat fraud, it is not possible to eradicate fraud from the markets. Accordingly, you must be very careful in making a decision to invest in a Pink Sheets stock or any OTC Security.
Prior to making a decision to purchase OTC securities we strongly advise you to read our Risk Warning. and Investor Protection Information
There are three types of brokers: a full service broker, a discount broker, and an on-line broker. Full-service brokers offer advice with reports from their firm's research department as well as execute transactions for you. Discount brokers charge less per transaction but offer less investment advice. Online brokers are the least expensive way to trade your stocks; you use the internet for transactions and your own research.
Before you choose a broker, ensure that the firm will accept orders in Pink Sheets stocks. Not all brokers do!
Limit Order vs. Market Order to Know the Difference Between a Limit Order vs. Market Order
When placing an order with your broker, you will come across such terms as Market Order and Limit order. It is important that you understand each type of transaction.
To avoid buying or selling a stock at a price higher or lower than you intend, place a "limit order" rather than a "market order." A limit order is an order to buy or sell a security at a specific price. When you place a market order, you can't control the price at which your order will be filled.
Because the market price for your stock may go up or down considerably before your trade goes through, with a market order you may end up paying more for the stock than you intend, or selling at a price lower than you wish.
For more detailed information please read SEC publication Trade Execution: What Every Investor Should Know.
Always Research Your Proposed InvestmentYou should not make a decision about investing your money in a particular company solely on the basis of a "hot tip" or someone's advice. It is important that you make an informed decision based on your thorough research of the company's annual report and current financial statements. To learn how to invest wisely and avoid fraud visit Investor Information Section of the SEC website.
List of Online Brokers that Trade Pink Sheet Securitites
Below is a list of brokerages that trade Pink Sheets securities (please note, these are mostly discount and online brokerages):
E*Trade Financial
Ameritrade
Charles Schwab
Accutrade
Brown & Company
HarrisDirect
Trading Direct
myTrack
Scottrade
Thursday, November 29, 2007
Stocks To Watch Today LNGT GEGP SHCM MLXO
LNGT announced a contract valued at $480,000. Couple that news with yesterdays Cornell Capital news and LNGT looks ready to break through resistance at $.10. We alerted our members at http://www.pennystockforums.net to LNGT when it was trading at $.0025! It currently trades at $.09.
SHCM dropped after news was released concerning a share buyback and retirement. 4 million shares will be removed from the float. The stock should rebound nicely today in our opinion.
GEGP, a stock trading at $.0001, received significant volume yesterday. Today the released a PR so expect continued buys and a possible 100 - 300% run. As always don't risk more than you can afford to lose. GEGP had no bid, meaning you could not sell your shares, this could happen again so always lock in your profits.
SHCM dropped after news was released concerning a share buyback and retirement. 4 million shares will be removed from the float. The stock should rebound nicely today in our opinion.
GEGP, a stock trading at $.0001, received significant volume yesterday. Today the released a PR so expect continued buys and a possible 100 - 300% run. As always don't risk more than you can afford to lose. GEGP had no bid, meaning you could not sell your shares, this could happen again so always lock in your profits.
Tuesday, November 20, 2007
DLAV - How To Turn $100 into $2,000 in 5 Days
DLAV - dealer advance, until the last 5 trading days, was a thinly traded penny stock that had settled into a range of $.0005 - $.001. The last 5 trading days has seen a tremendous boost in DLAV's stock price, one that has many sitting on some tremendous gains. If you had bought $100 worth of DLAV stock at $.001 it would now be worth $2,000 as of yesterdays close of $.02.
Imagine that? It is truly mind boggling. Equally as mind boggling is trying to figure out why this stock had no interest for so long and now has over a million dollars traded in one day? Why are people buying this stock at $.02 when they could have bought it at $.0006 for weeks?
DLAV is another example of why we all play the penny stock market and why many people call positions in these companies "lotto tickets". DLAV shareholders who are holding from $.0006 - $.001 have indeed bought some lotto tickets. Congratulations.
Imagine that? It is truly mind boggling. Equally as mind boggling is trying to figure out why this stock had no interest for so long and now has over a million dollars traded in one day? Why are people buying this stock at $.02 when they could have bought it at $.0006 for weeks?
DLAV is another example of why we all play the penny stock market and why many people call positions in these companies "lotto tickets". DLAV shareholders who are holding from $.0006 - $.001 have indeed bought some lotto tickets. Congratulations.
Wednesday, November 7, 2007
Penny Stocks To Watch Today - CCWW, HMWM, PFUO, SHMM
CCWW some promising news last night for the shell stock. This one should head higher today. The tradeable float is significantly less than the 1+ billion shares outstanding.
WESTPORT, CT--(MARKET WIRE)--Nov 6, 2007 -- Cable & Co. Worldwide, Inc. ("Cable") (Other OTC:CCWW.PK - News) has reached an understanding to purchase Quantum Research Services, Inc., doing business as Aspen Media and Market Research, Ltd., a Colorado corporation ("Quantum"). www.aspenonnet.comADVERTISEMENTHeadquartered in Colorado, Quantum is in the business of providing market research services, including research field services; circulation - subscription renewal and acquisitions; sales lead qualification program and specialized services; relational database creation and list consolidation; and print-to-electronic file conversion. Quantum had sales of $5.4 Million with an adjusted EBITDA of $405,000 for the year ended June 30, 2007. The closing of the Acquisition remains subject to various conditions, and it is currently anticipated that the Acquisition will be consummated in or about January 2008. Additional news regarding Cable's business plan will be released later this week and over the course of the next several weeks.
HMWM trading at .0002 had no volume until the early afternoon and then was up 100% for the day on a great deal of buying. This could be a sub-penny stock to watch for the next week or so. Apparently the company is now registered under another name, we haven't had a chance to verify this information.
PFUO has garnered some momentum this week after bottoming out below $.002. This one could touch $.01 before the week is out.
SHMM has been trading sideways since it soared from $.0015 to $.012 over the span of a few days. We feel it is setting up for another run. Keep your eyes on it.
WESTPORT, CT--(MARKET WIRE)--Nov 6, 2007 -- Cable & Co. Worldwide, Inc. ("Cable") (Other OTC:CCWW.PK - News) has reached an understanding to purchase Quantum Research Services, Inc., doing business as Aspen Media and Market Research, Ltd., a Colorado corporation ("Quantum"). www.aspenonnet.comADVERTISEMENTHeadquartered in Colorado, Quantum is in the business of providing market research services, including research field services; circulation - subscription renewal and acquisitions; sales lead qualification program and specialized services; relational database creation and list consolidation; and print-to-electronic file conversion. Quantum had sales of $5.4 Million with an adjusted EBITDA of $405,000 for the year ended June 30, 2007. The closing of the Acquisition remains subject to various conditions, and it is currently anticipated that the Acquisition will be consummated in or about January 2008. Additional news regarding Cable's business plan will be released later this week and over the course of the next several weeks.
HMWM trading at .0002 had no volume until the early afternoon and then was up 100% for the day on a great deal of buying. This could be a sub-penny stock to watch for the next week or so. Apparently the company is now registered under another name, we haven't had a chance to verify this information.
PFUO has garnered some momentum this week after bottoming out below $.002. This one could touch $.01 before the week is out.
SHMM has been trading sideways since it soared from $.0015 to $.012 over the span of a few days. We feel it is setting up for another run. Keep your eyes on it.
Monday, November 5, 2007
Stocks To Watch Monday November 5th - PXIT, PFUO, ITLV, DMGS, IMTD
A few stocks to watch today and the rest of the week:
IMTD is at the bottom. Acquisition announcements are expected soon. This stock will rally into the $.001's and $.002's when the press releases hit the news wire. This is a good time to accumulate.
PXIT The last time PXIT started getting volume like this it went well north of $.004 - right now it is trading at $.0004 - so you can see the type of potential gain that may lie ahead. This might be a stock you throw a little spare change at if you like excitement - because once it starts moving higher it will move very quickly!
DMGS is our new stock pick that we announced on Friday. The company intends on giving a $.10 cash dividend to all shareholders of record on November 20th. At these prices its hard to argue against buying, as the $.10 cash dividend already constitutes a 40% gain on the stock as of Fridays close.
ITLV and PFUO are two other stocks that look ready to bounce. As always do your own DD before buying. Also don't view the above as anything other than our opinion. We are not investment advisers.
To discuss pennystocks and see our weekly picks head to our web site http://www.pennystockforums.net
IMTD is at the bottom. Acquisition announcements are expected soon. This stock will rally into the $.001's and $.002's when the press releases hit the news wire. This is a good time to accumulate.
PXIT The last time PXIT started getting volume like this it went well north of $.004 - right now it is trading at $.0004 - so you can see the type of potential gain that may lie ahead. This might be a stock you throw a little spare change at if you like excitement - because once it starts moving higher it will move very quickly!
DMGS is our new stock pick that we announced on Friday. The company intends on giving a $.10 cash dividend to all shareholders of record on November 20th. At these prices its hard to argue against buying, as the $.10 cash dividend already constitutes a 40% gain on the stock as of Fridays close.
ITLV and PFUO are two other stocks that look ready to bounce. As always do your own DD before buying. Also don't view the above as anything other than our opinion. We are not investment advisers.
To discuss pennystocks and see our weekly picks head to our web site http://www.pennystockforums.net
ECFL - Do you remember what happened the last time?
Last Spring ECFL - ECarFly - had a similar, albiet, more spectacular run from $.003 to over .05. Most of the run was fueled bya number of press releases that were later removed from the Business Wire by ECFL. Thats right ECFL released PR's that had a significantly positive affect on their stock and then removed them later on. Lets hope that these recent ECFL PR's don't get removed like the last ones.
An article from MN1 back in MArch of this year on ECFL
By Bethany AndersonMN1 CorrespondentDALLAS (March 7, 2007) – After sending out a steady stream of press releases over the past 10 days, some have called into question just how accurate certain claims made by eCarfly’s CEO, Desmond Milligan are.Milligan has claimed in recent releases to have deals with GM and Ford Motor Company, as well as a merger in the works with Terra Fuels Technologies, in which he relies heavily on an alleged deal in the offing between Terra Fuels and Waste Management, Inc.With such a sprinkling of corporate luminaries purported to be doing business with the company, some began questioning the veracity of the claims, and Market News First began looking more closely at the company.A visit to the eCarfly (PK:ECFL) website revealed it was not working. A visit by MN1 to the company’s corporate address on Greenville Avenue in Dallas revealed that they moved out “overnight,” according to one witness, about three months ago.A check of phone numbers revealed that both numbers frequently provided by Milligan in press releases belong to a cell phone and an unlisted number in Plano, Texas, a Dallas suburb.According to an announcement released today, the merger between eCarfly and Terra Fuels is supposed to be finalized March 14, with a press release disseminated the next day to explain the specific terms of the merger.Also this morning, the eCarfly announced that after the merger, the company would continue Terra Fuel’s “existing business relations” with Waste Management. Calls and e-mails to both companies were not returned.After Waste Management vice president of corporate communications Lynn Brown was shown the press release via e-mail and asked about its accuracy, the questions surrounding eCarfly’s claims didn’t lessen.“At this point, I have exhausted possibilities within WM, and can find no evidence of an existing contract with this organization,” Brown said. “I can also confirm that I did not authorize Waste Management to be used in this release. Therefore, I cannot confirm its accuracy as you have requested.”On March 2, Milligan released a press release touting the company’s technology, and saying that this time a potential deal with GM was in the offing.“eCarfly, Inc. is pleased to announce that the Alternative Fuels Company (AFC), will be showcasing the Co-Fueling Engine Technology to GENERAL MOTORS,” the release said. “The scheduled signing of the Letter of Intent to merge (LOI) remains on course for this afternoon's board meeting. Verbal confirmations have been given to eCarFly's CEO, Desmond Milligan, that the LOI will se signed according to plan without any need for provisions or extensions.”When asked for comment by GM, a company spokesperson said that any press release regarding GM would come from GM, and would be available on its website. A search of releases on the GM website did not reveal any dealings with eCarfly.“We are unable to verify the accuracy of the eCarfly press release as the website carrying the release is not maintained nor endorsed by General Motors,” the spokesperson said.A similar claim was made about dealings with Ford Motor Company, but Ford officials had not finished investigating by press time.MN1 host Saul Albom contributed to this
An article from MN1 back in MArch of this year on ECFL
By Bethany AndersonMN1 CorrespondentDALLAS (March 7, 2007) – After sending out a steady stream of press releases over the past 10 days, some have called into question just how accurate certain claims made by eCarfly’s CEO, Desmond Milligan are.Milligan has claimed in recent releases to have deals with GM and Ford Motor Company, as well as a merger in the works with Terra Fuels Technologies, in which he relies heavily on an alleged deal in the offing between Terra Fuels and Waste Management, Inc.With such a sprinkling of corporate luminaries purported to be doing business with the company, some began questioning the veracity of the claims, and Market News First began looking more closely at the company.A visit to the eCarfly (PK:ECFL) website revealed it was not working. A visit by MN1 to the company’s corporate address on Greenville Avenue in Dallas revealed that they moved out “overnight,” according to one witness, about three months ago.A check of phone numbers revealed that both numbers frequently provided by Milligan in press releases belong to a cell phone and an unlisted number in Plano, Texas, a Dallas suburb.According to an announcement released today, the merger between eCarfly and Terra Fuels is supposed to be finalized March 14, with a press release disseminated the next day to explain the specific terms of the merger.Also this morning, the eCarfly announced that after the merger, the company would continue Terra Fuel’s “existing business relations” with Waste Management. Calls and e-mails to both companies were not returned.After Waste Management vice president of corporate communications Lynn Brown was shown the press release via e-mail and asked about its accuracy, the questions surrounding eCarfly’s claims didn’t lessen.“At this point, I have exhausted possibilities within WM, and can find no evidence of an existing contract with this organization,” Brown said. “I can also confirm that I did not authorize Waste Management to be used in this release. Therefore, I cannot confirm its accuracy as you have requested.”On March 2, Milligan released a press release touting the company’s technology, and saying that this time a potential deal with GM was in the offing.“eCarfly, Inc. is pleased to announce that the Alternative Fuels Company (AFC), will be showcasing the Co-Fueling Engine Technology to GENERAL MOTORS,” the release said. “The scheduled signing of the Letter of Intent to merge (LOI) remains on course for this afternoon's board meeting. Verbal confirmations have been given to eCarFly's CEO, Desmond Milligan, that the LOI will se signed according to plan without any need for provisions or extensions.”When asked for comment by GM, a company spokesperson said that any press release regarding GM would come from GM, and would be available on its website. A search of releases on the GM website did not reveal any dealings with eCarfly.“We are unable to verify the accuracy of the eCarfly press release as the website carrying the release is not maintained nor endorsed by General Motors,” the spokesperson said.A similar claim was made about dealings with Ford Motor Company, but Ford officials had not finished investigating by press time.MN1 host Saul Albom contributed to this
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