Showing posts with label penny stocks. Show all posts
Showing posts with label penny stocks. Show all posts
Monday, January 07, 2008
Gulf Ethanol - What is it all about?
We are pressed for time today, so there will not be a detailed post. However, we have noticed that a Pink Sheets company call Gulf Ethanol (GFET.PK) has been doing a great deal of advertising regarding the stock of their company, which interests us. Is it a worthy company? Is this another pump and dump? We will be taking a look at this company, which now trades at $1.45, over the next few days...stay tuned.
Friday, January 04, 2008
GoldSpring still worth looking at
On December 22, 20007, we posted a blog where we thought GoldSpring (GSPG) was worth a look, at the time the stock was trading at $0.013, it has since traded up to $0.015and as low as $0.010. We still feel the stock is worth looking at.
Here is some news from the company on Jan 3, 2008.
GoldSpring, Inc. (OTC Bulletin Board: GSPG) announced today that the second round of drilling will commence today. GoldSpring performed in-house atomic absorption assays of the first drill holes and they are encouraged by the results. The Company has sent the drill samples to American Assay, an accredited lab, for third party verification. The Company expects American Assay results before month end at which time GoldSpring intends to publish the results from phase 1 drilling.
Additionally, the stock continues to be the most traded stock on the OTCBB with 67 million shares trading hands. The next closest was AKNS at 22 million shares.
Also, YTD the DJ Gold Mining Index is up 8.47%, which is leader so far in this short year. It is followed by the Heavy Construction Index at 5.21%.
We hold no position in GSPG.
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Thursday, January 03, 2008
Recession Proof Your Portfolio
If you have read any financial columns in the past month, it appears that everyone and their brother believes we are headed for a recession in 2008. The best that I can figure is that these "so-called" experts believe it will happen in the later half of 2008. The one sure fire way to recession proof your portfolio is get involved in gold. Here is a list of high flying gold penny stocks.
AMUG American Utd Gold Corp
DMDD Diamond Discoveries Intl
AMXG Ammex Gold Mining Corp
SLGR Stallion Group
HVGO Hanover Gold Inc
CUSIF Cusac Gold Mines Ltd
APLL Apolo Gold & Energy Inc
We do not hold positions in any of the above and encourage you to do your own due diligence.
>Start a FREE 14-day trial to the MicroCap Speculator today and turbo charge your trading in 2008.
AMUG American Utd Gold Corp
DMDD Diamond Discoveries Intl
AMXG Ammex Gold Mining Corp
SLGR Stallion Group
HVGO Hanover Gold Inc
CUSIF Cusac Gold Mines Ltd
APLL Apolo Gold & Energy Inc
We do not hold positions in any of the above and encourage you to do your own due diligence.
>Start a FREE 14-day trial to the MicroCap Speculator today and turbo charge your trading in 2008.
Monday, December 31, 2007
New Year's Resolutions
Well, that time of year is upon us where everyone starts making resolutions to lose weight, get a better job, blah, blah...While there is nothing wrong with resolutions you are more apt to meet them if you lay out a specific goal and little steps to acheive that goal. So, what does this have to do with penny stocks or investing? I'm sure that many of you have a resolution/goal to become a better investor or trader in 2008, which is admirable. I would suggest getting a plan and figure out what you need to do to meet the goal. Some steps I would suggest are:
1) Look back at your trades in 2007 and see if there are any trends. Did you get out of trades too early? Did you add to losing positions? Were you stopped out on a regular basis? Once you determine this you can start formulating a plan
2) Create a trading plan. A great book for assisting with this task is Rules of the Trade.
1) Look back at your trades in 2007 and see if there are any trends. Did you get out of trades too early? Did you add to losing positions? Were you stopped out on a regular basis? Once you determine this you can start formulating a plan
2) Create a trading plan. A great book for assisting with this task is Rules of the Trade.
- Determine what type of stocks you will trade
- Detemine rules for entry and exit
- Start a trading log
3) Educate yourself on the type of trading you are doing. Buy some books and read them.
4) Subscribe to newsletters. However, don't follow the advice blindly. Take the recommendations and due you own due diligence to determine if the trade meets your risk parameters, etc.
Start a FREE 14-day trial to the MicroCap Speculator today and turbo charge your trading in 2008.
Sunday, December 30, 2007
10 Worst Performing Industries in 2007
Think back over 2007 to all the big stories you read about in The Wall Street Journal, Investor's Daily or heard on CNBC. What comes to mind?
I'm sure the bursting real estate bubble and the subprime mess is on your list. I'm sure high gas prices is on the list, if not I'm sure you complained about them during 2007. How about Citibank taking a HUGE loss. Well, it comes as no surprise that the 10 worst performing industries in 2007 are all related to those stories.
Without further ado, here is the dubious list.
The lesson to the story here is just because the pundits are screaming doom and gloom doesn't mean there isn't money to be made. Plenty of people got very wealthy on the demise of the real estate bubble. There is always a way to play the downside. For example, this year I was heavily invested in an UltraShort Real Estate ProShares ETF (SRS) that did quite well, up 75% since it started trading in March.
While the stocks we profile aren't part of these indices there are penny stocks that could have been shorted such as: TOUS, DHOM and CHCI. In fact, DHOM and CHCI are still good canidates to short. They are both traded on the NASDAQ and are in jeopardy of being delisted.
As always do your own due diligence.
I'm sure the bursting real estate bubble and the subprime mess is on your list. I'm sure high gas prices is on the list, if not I'm sure you complained about them during 2007. How about Citibank taking a HUGE loss. Well, it comes as no surprise that the 10 worst performing industries in 2007 are all related to those stories.
Without further ado, here is the dubious list.
| 10 Worst Performing Industries in 2007 | |
| DJ | -56.31% |
| DJ | -52.36% |
| DJ | -45.28% |
| DJ | -37.16% |
| DJ | -31.30% |
| DJ | -30.81% |
| DJ | -29.02% |
| DJ | -27.73% |
| DJ | -26.70% |
| DJ | -26.67% |
| Average Return for 10 Worst Performing Industries | -36.33% |
The lesson to the story here is just because the pundits are screaming doom and gloom doesn't mean there isn't money to be made. Plenty of people got very wealthy on the demise of the real estate bubble. There is always a way to play the downside. For example, this year I was heavily invested in an UltraShort Real Estate ProShares ETF (SRS) that did quite well, up 75% since it started trading in March.
While the stocks we profile aren't part of these indices there are penny stocks that could have been shorted such as: TOUS, DHOM and CHCI. In fact, DHOM and CHCI are still good canidates to short. They are both traded on the NASDAQ and are in jeopardy of being delisted.
As always do your own due diligence.
Saturday, December 29, 2007
Top 10 Peforming Industries in 2007
Below are the top ten performing industries during 2007, while there are really no surprises in the list. Keep in mind all commodity mining that went on in 2007 requires big machinery to mine and transport, hence the Heavy Construction Index up 91.5%. While the indexes below are Dow Jones and penny stocks don't belong to them, a great way to find penny stocks that may explode is to find companies in these high performing industries.
Tomorrow we will take a look at the worst performing industries and what can be learned from them.
Tomorrow we will take a look at the worst performing industries and what can be learned from them.
| 10 Best Performing Industries in 2007 | |
| DJ US Heavy Construction Index | 91.50% |
| DJ US Coal Index | 71.70% |
| DJ US Mining Index | 55.34% |
| DJ US Specialty Chemicals Index | 46.27% |
| DJ US Oil Equipment & Services Index | 44.30% |
| DJ US Nonferrous Metals Index | 44.22% |
| DJ US Exploration & Production Index | 42.85% |
| DJ US Commercial vehicles & Trucks Index | 42.71% |
| DJ US Oil Equipment & Services and Distribution Index | 41.50% |
| DJ US Tires Index | 38.42% |
| Average Return for Top Ten Performing Industries | 51.88% |
Thursday, December 27, 2007
Songzai International Holding Up 1200%
On October 17, 2006, we profiled Songzai International (SGZI) at $0.07 per share. On September 25, 2007, the stock was trading at $0.93 per share. That is an increase of 1228%! A $500 investment in the stock would have been worth $6642, not a bad return. However, what can we learn from trades like this? Why did this stock go up so much? Why did we profile it to begin with?
First, Songzai is a Chinese company. The emerging/foreign markets were on fire during 2007. In fact, iShares FTSE/Xinhua China 25 Index was the second best performing ETF during 2007, it was up 61.51% for the year.
Secondly, Songazi is a coal company. The DJ Coal Index was up 77.30% for 2007.
Third, the price of coal was on the rise at the time of the profiling. What we wrote at the time was, "The average selling price of coal in the first half of 2006 was $22.5 per ton, compared to $17.5 per ton during the same period in 2005. The rising price of coal will assist Songzai in achieving profitability."
Fourth, at the time of the profiling, net sales were up and expenses were down.
Lastly, the stock was in an oversold state which allowed for a good entry into the trade.
Overall, what you can learn is, pick a stock in a booming sector(s), a company whose financials are improving - ideally the company should be profitable and look for a stock in an oversold condition that allows you to buy the stock "on sale".
Wednesday, December 26, 2007
MicroCap Seasonality
I stumbled upon an interesting article involing the performance of microcap stocks in January. Mark Hulburt from Barrons crunched data provided by two finance professors, French and Fama, from 1926 to 2004 to see if microcap stocks really outperform large cap. The average return of the stocks in the portfolio containing the smallest-cap stocks was 17.1% on an annualized basis between mid-1926 and the end of 2005, versus 10.2% for the quintile that had the largest-capitalization stocks -- for an impressive difference of 6.9 percentage points annually.
However, when you drill down further into the data, you find that the bulk of the microcap return occurs in January. Here are the details.
Here are the annualized micro-cap returns by month from July 1926 to December 2004:
January.........159.82%
February.........25.10%
March...............1.21%
April................12.86%
May...................6.85%
June..................6.57%
July.................22.64%
August.............8.16%
September.......-7.75%
October..........-14.60%
November..........7.97%
December.........-1.94%
So, armed with this information, what investment/trading options do you have? There are a few.
1) Purchase shares of IWC
2) Purchase Januray calls for IWC (IWCAZ.X, IWCAC.X or IWCAD.X)
3) Purchase any number of small cap funds
We hold no position in any of the above.
Here is a link to the original article.
However, when you drill down further into the data, you find that the bulk of the microcap return occurs in January. Here are the details.
Here are the annualized micro-cap returns by month from July 1926 to December 2004:
January.........159.82%
February.........25.10%
March...............1.21%
April................12.86%
May...................6.85%
June..................6.57%
July.................22.64%
August.............8.16%
September.......-7.75%
October..........-14.60%
November..........7.97%
December.........-1.94%
So, armed with this information, what investment/trading options do you have? There are a few.
1) Purchase shares of IWC
2) Purchase Januray calls for IWC (IWCAZ.X, IWCAC.X or IWCAD.X)
3) Purchase any number of small cap funds
We hold no position in any of the above.
Here is a link to the original article.
Tuesday, December 25, 2007
Merry Christmas
We will be sending out our next subscriber alert on 12/26 - don't miss it! Turbo charge your trading in 2008.
Sunday, December 23, 2007
Shorting MicroCaps
If you are looking for a new trading idea in 2008, why not take a look at shorting some microcap companies. Granted many brokers will not allow you to short OTCBB stocks, however many are good candidates. If you take a look at many companies from 2004 or 2005 that were the high fliers, you may find that many of them trade at below penny prices these days - why not make money on the way down. Here is a good place to start finding some potential shorts.
List of OTCBB Filing Delinquent Companies as of Dec 21, 2007
Saturday, December 22, 2007
GoldSpring (GSPG) A Speculative Play
GoldSpring Inc. reached a new 52-week high of $0.0147 on 12/21/07 on volume of 70 million shares. The stock may be worth taking a look at for speculators, for the following reasons:
1) Ample volume and climbing stock price.
2) Receives much press via the "penny stock news release" companies
3) GoldSpring, Inc. recently announced today that it has entered into an agreement with Orbit Garant Drilling, Inc., one of the largest drilling companies in North America, to perform exploration and developmental drilling at its Comstock Lode Project. The drill rig and crew are scheduled to arrive today, and the Company expects drilling to commence this week.
Due your own due diligence.
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Friday, December 21, 2007
5th Characters in Stock Symbols
For any of you who have researched penny stocks you have seen stock symbols on the OTCBB with 4 and 5 symbols. The fifth symbol many times should be a red flag to you wheter you should trade the stock or not. Here is a list of the fifth symbols and what they mean.
Listed below are the fifth letter identifiers and a description of what each represents:
Character Description
A Class A
B Class B
D New
E Delinquent in required SEC filings
F Foreign securities, except ADR’s
G, H, & I Additional warrants or preferreds
J Voting
K Nonvoting
L Miscellaneous situations, such as stubs, depositary receipts, second units, or additional warrants or preferred
M Fourth preferred, same company
N Third preferred, same company
O Second preferred, same company
P First preferred issue
Q Bankruptcy - involved in bankruptcy proceedings
R Rights
S Shares of beneficial interest
U Units
V When-issued and when-distributed
W Warrants
Y ADR (American Depositary Receipts)
Z Miscellaneous situations, such as stubs, depositary receipts, limited partnership units, or additional warrants or units
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Listed below are the fifth letter identifiers and a description of what each represents:
Character Description
A Class A
B Class B
D New
E Delinquent in required SEC filings
F Foreign securities, except ADR’s
G, H, & I Additional warrants or preferreds
J Voting
K Nonvoting
L Miscellaneous situations, such as stubs, depositary receipts, second units, or additional warrants or preferred
M Fourth preferred, same company
N Third preferred, same company
O Second preferred, same company
P First preferred issue
Q Bankruptcy - involved in bankruptcy proceedings
R Rights
S Shares of beneficial interest
U Units
V When-issued and when-distributed
W Warrants
Y ADR (American Depositary Receipts)
Z Miscellaneous situations, such as stubs, depositary receipts, limited partnership units, or additional warrants or units
Start a FREE 14-day trial to The MicroCap Speculator now - no risk.
Monday, October 08, 2007
Microcap Speculator - Affiliate Program
The MicroCap Speculator is starting an affiliate program and we would like you to be part of it. We are and established penny stock alert service and our product has been wildly successful in our almost 4 years of our existence; we have 1000’s of subscribers and have an outstanding track record, go to microcapspeculator.com to see for yourself. If you put one hour per day into this program, you could make enough money to take your family on vacation or buy a boat or get the new car you have always wanted or put a down payment on a house. Get on board early to start making profits on our newsletter. When you join our program you will receive $50 FOR EVERY PAYING SUBSCRIPTION!
WHAT YOU NEED:
Nothing! There is no webpage required with our affiliate program, you will receive your own webpage and link.
A desire to make money by marketing an excellent and established service to
WHAT YOU DON’T NEED:
You do NOT need knowledge of penny stocks.
We do all the work regarding the recommendations and will answer all questions regarding the service.
WHAT YOU GET:
* You collect $50 from every paying customer.
* Your own webpage and link.
* Training package that includes places to advertise, keywords and search engine placement.
WHAT IT COST:
Nothing! There is no risk, none at all, to become part of our affiliate program. So, what are you waiting for, there is nothing to lose and everything to gain.
What are you waiting for? Take action now!
Send us your name and e-mail at sales@microcapspeculator.com if you are interested in making extra money.
WHAT YOU NEED:
Nothing! There is no webpage required with our affiliate program, you will receive your own webpage and link.
A desire to make money by marketing an excellent and established service to
WHAT YOU DON’T NEED:
You do NOT need knowledge of penny stocks.
We do all the work regarding the recommendations and will answer all questions regarding the service.
WHAT YOU GET:
* You collect $50 from every paying customer.
* Your own webpage and link.
* Training package that includes places to advertise, keywords and search engine placement.
WHAT IT COST:
Nothing! There is no risk, none at all, to become part of our affiliate program. So, what are you waiting for, there is nothing to lose and everything to gain.
What are you waiting for? Take action now!
Send us your name and e-mail at sales@microcapspeculator.com if you are interested in making extra money.
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