| Back Issues Pages are sorted with the latest issue at the top. Aug 16-20, 2004 |
| Penny Stocks Daily Friday, August 20, 2004 Good Morning, Despite our forecast, oil continues to rise towards $50 a barrel. Recent reports whow that demand has increased by 10-40% at the most in a few major oil consuming nations. Continued unrest in Iraq and questions over whether or not the Saudis can pump it up soon will continue to bring in speculators. One thing is clear that with oil's chart resembling something like Amazon in 1999, someday soon it will fall hard and fast. Consumers have barley felt any affects from these extreme levels since the price of gas has not yet matched this overzealousness, and have even continued downward. Depending on which side of the equation oil companies are on, they are starting to feel the effects. Secondary oil sensitive stocks such as plastics and transportation issues have not yet felt the pressure, but if we stay here for a few months, they will almost certainly have to pass the buck on to consumers. With this price, the DOW will almost certainly trade according to oil and will probably stay right where it is for a bit. We expect that oil may hit the mark that everyone thinks it will, $50, and mat find a ceiling there. We would expect shorts to come in and profit taking galore, and anyone buying oil for longer than a couple of weeks or months right now is absolutely crazy New Initiatives and Recent Developments We are at the upper end of our Penny Stock allocation right now and simply cannot afford to initiate any new buys. With aprox. 92% in Pennies, we do have enough funds available to add to one of our positions that meets our next buy point, hopefully TRPL. We will be selling TFCT today and hope to meet at least one of our other profit targets soon. Yesterdays rally may continue in our portfolio so we will keep a close eye on our winners to avoid giving back the gains. In other words we would like a little more cash to hunt for bargains next week. The Portfolio Ambient Corp. ABTG Quick Snapshot Quick Links Closing Price: $.245 www.ambientcorp.com 52 week high: $.55 SEC fillings and insider transactions 52 week low: $.12 Chart Yesterdays Dollar Volume: $50,000 Time and Sales Yesterdays No. of Trades: 38 Financials Avg. Dollar Volume: $125,000 Level II Avg. No. of Trades: 60 News Portfolio Overview Our Average Price: $.23 Portfolio %: 14.6% Portfolio % Range: 6.4-16% Next Buy: $.17 Next Sell: $.35 Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) ABTG continues light trade in this short range. We will simply wait for our opportunity. ____________________________________________________________ Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.0031 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0026 Chart Yesterdays Dollar Volume: $5,000 Time and Sales Yesterdays No. of Trades: 10 Financials Avg. Dollar Volume: $38,000 Level II Avg. No. of Trades: 35 News Portfolio Overview Our Average Price: $.0054 Portfolio %: 20% Portfolio % Range: 5.8-30.2% Next Buy: $.0019 Next Sell: $.0069 Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) We will wait patiently for a pop in this issue which may come in anticipation of their quarterly earnings due out any day now. This excessively light volume is warranted, given the fact that everyone has absolutely no news to trade on. We have seen this kind of weak trade before, just before a huge spike in volume and price. ____________________________________________________________ Communication Intelligence Corp. CICI Quick Snapshot Quick Links Closing Price: $.41 www.cic.com 52 week high: $1.10 SEC fillings and insider transactions 52 week low: $.30 Charts Yesterdays Dollar Volume: $43,000 Time and Sales Yesterdays No. of Trades: 55 Financials Avg. Dollar Volume: $71,000 Level II Avg. No. of Trades: 37 News Portfolio Overview Our Average Price: $.34 Portfolio %: 9.5% Portfolio % Range: 7-8.3% Next Buy: $.35 Next Sell: $.44 Quick Glance PSD Rating: 8 (1= close to next buy, 10= close to next sell) This issue trades very orderly for a micro cap and we will wait for our target price to fall on the bid, which may happen today. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.253 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $821,000 Time and Sales Yesterdays No. of Trades: 397 Financials Avg. Dollar Volume: $833,000 Level II Avg. No. of Trades: 258 News Portfolio Overview Our Average Price: $.199 Portfolio %: 9.6% Portfolio % Range: 6.9-10.1% Next Buy: $.221 Next Sell: $.279 Quick Glance PSD Rating: 7 (1= close to next buy, 10= close to next sell) With a dividend coming in the form of 1 share of stock for every 90 something owned of one of MOBL's holding companies, which will probably be valued around a nickel a share, heavy trade has returned to this issue causing price stability, which is not nesacarily good for us. We do, however see a new bottom in the mid $.20's and will hold on for our profit target. The price they paid for their last acquisition is right in line. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.088 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $78,000 Time and Sales Yesterdays No. of Trades: 98 Financials Avg. Dollar Volume: $131,000 Level II Avg. No. of Trades: 78 News Portfolio Overview Our Average Price: $.101 Portfolio %: 18% Portfolio % Range: 6-18.4% Next Buy: $.061 Next Sell: $.165 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) We will need to see some exceptional news from this company to get this stock moving as a lot of their prospects have been priced in. MM's are holding this thing right where they want it and the lack of heavy selling is more than positive. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $06 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $285,000 Time and Sales Yesterdays No. of Trades: 201 Financials Avg. Dollar Volume: $354,000 Level II Avg. No. of Trades: 180 News Portfolio Overview Our Average Price: $.074 Portfolio %: 11.2% Portfolio % Range: 5.9-13.5% Next Buy: N/A Next Sell: Stop loss at $.06 Quick Glance PSD Rating: 10 (1= close to next buy, 10= close to next sell) There is just to much insider selling going on, no that anything negative is to come, but they are ready to sell in to any positive news, such a we saw yesterday. The news should have sent this stock towards $.08 or so, but we saw selling again at he end of the day just enough to keep it at $.06. We expect this to continue and will step aside for now and wait until things cool off a bit. We will be selling today and would expect to get $.06 or more a share. We will most definitely come back to this issue within a few weeks, if insiders quit dumping. The loss will be very minimal as we are not to heavily invested. ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.081 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $35,000 Time and Sales Yesterdays No. of Trades: 27 Financials Avg. Dollar Volume: $69,000 Level II Avg. No. of Trades: 44 News Portfolio Overview Our Average Price: $.131 Portfolio %: 9.8% Portfolio % Range: 4.5-17.6% Next Buy: $.075 Next Sell: $.154 Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) We see a goos chance that this issue will not fall below current levels anytime soon and we would love to purchase more today in order to bring our average down to a more manageable level. We will keep our target intact as we seem to be inching close to it. As usual, we will be using our typical 7% of the overall portfolio. ____________________________________________________________ Daily Tip When stocks sell off on heavy volume for no apparent reason, never assume that it's a good time to buy. Wait for news because sometimes events can happen that are public, but are not reported for a day or two. This happens a lot on the OTC BB. One example would be if a judgment was reached in court instantly becoming public knowledge but not instantly released on the news wire. Most news from these companies are internal press releases any way and are rarely from an outside source. Remember that any huge fundamental change will be reported to the SEC and available to you. Big sell offs can also be the result of related news such as mortgage rates or new laws. It could also simply be a technical sell off. Never act right away in these situations because when the news does come out, the first sell off was just the tip of the iceberg. Enjoy Your Trading Day, Penny Stocks Daily Penny Stocks Daily does not receive any compensation whatsoever from the companies we follow. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily Thursday, August 19, 2004 Good Morning, We were surprised by yesterdays rally and are overwhelmingly happy to see the markets completely ignore the price of oil. This coupled with the fact that a lot of people seem to think that $50 oil is well priced in to the market leads us make a bearish forecast. We think that Oil has topped and any decrease will certainly allow the stock market to continue to rally. We are looking at a second week in a row of gains which will likely bring more investors on board. The lack of the volatility index to find an extreme reading leads us to believe that we have not found this years bottom and expect sometime in lat September, or early October. Futures point to a lower open, but we expect a rally today, especially on the NASDAQ. The amount of attention given to Googl and hoe well it does will be the key to finding out where this tech sector is headed. Overall things appear to be quite healthy. With near record volume and advancers beating decliners on the OTC BB, we have seen a huge change in sentimant on the Penny Stock index. These stocks are feeling frisky and we will likely see plenty of huge percentage winners, possibly even with the stocks in our portfolio. Be ready to take profits for anything that skyrockets as you likely will not be able to find those extreme prices again for a while. The OTC BB has been bearish for a couple of months now and this is historically it's time to shine. New Initiatives and Recent Developments We are heavily invested in Penny Stocks for the moment making it hard to pursue any new issues. We expect to take profits in a few issues shortly if this market continues to rally and we feel that right now is not the best time to be buying. We will however add to any of our positions that fall below our next buy point. The Portfolio Ambient Corp. ABTG Quick Snapshot Quick Links Closing Price: $.225 www.ambientcorp.com 52 week high: $.55 SEC fillings and insider transactions 52 week low: $.12 Chart Yesterdays Dollar Volume: $16,000 Time and Sales Yesterdays No. of Trades: 14 Financials Avg. Dollar Volume: $125,000 Level II Avg. No. of Trades: 60 News Portfolio Overview Average Price: $.23 Portfolio %: 13.5% Portfolio % Range: 6.4-16% Next Buy: $.17 Next Sell: $.35 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) We saw ABTG's spread tighten up a little bit yesterday, but no significant price move. This stock still has excellent support right at our average price and we will continue to hold. ____________________________________________________________ Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.0034 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0026 Chart Yesterdays Dollar Volume: $3,000 Time and Sales Yesterdays No. of Trades: 7 Financials Avg. Dollar Volume: $38,000 Level II Avg. No. of Trades: 35 News Portfolio Overview Average Price: $.0054 Portfolio %: 22.1% Portfolio % Range: 5.8-30.2% Next Buy: N/A Next Sell: $.0089 Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) We see a strong possibility that ATNG will release their quarterly report within the next couple of days even though they have until next week. It will be critical to make moves immediately. If it turns out the new auditors find that their really was not a 2.1+ million dollar profit, then we need to get out immediately. If heir is anything positive we will continue to hold for our profit target, which may be met pretty quick. We are only selling immediately if we see the word mistake concerning those previously announced profits. ____________________________________________________________ Communication Intelligence Corp. CICI Quick Snapshot Quick Links Closing Price: $.39 www.cic.com 52 week high: $1.10 SEC fillings and insider transactions 52 week low: $.30 Charts Yesterdays Dollar Volume: $84,000 Time and Sales Yesterdays No. of Trades: 38 Financials Avg. Dollar Volume: $71,000 Level II Avg. No. of Trades: 37 News Portfolio Overview Average Price: $.34 Portfolio %: 8.7% Portfolio % Range: 7-8.3% Next Buy: $.29 Next Sell: $.45 Quick Glance PSD Rating: 7 (1= close to next buy, 10= close to next sell) We will be ready to take profits today as yesterdays significant rally may continue. We will look for heavy volume to signal our time to get out. We have lowered our profit target slightly. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.255 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $618,000 Time and Sales Yesterdays No. of Trades: 177 Financials Avg. Dollar Volume: $1833,000 Level II Avg. No. of Trades: 258 News Portfolio Overview Average Price: $.199 Portfolio %: 9.7% Portfolio % Range: 6.9-10.1% Next Buy: $.191 Next Sell: $.279 Quick Glance PSD Rating: 8 (1= close to next buy, 10= close to next sell) MOBL has continued to rally once the extreme volume levels left the stock. We will be ready to take profits at our target level, and as always, will leave half of the position on the table to capitalize on further gains. A trailing stop loss at this point would be a good idea. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.086 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $100,000 Time and Sales Yesterdays No. of Trades: 71 Financials Avg. Dollar Volume: $131,000 Level II Avg. No. of Trades: 78 News Portfolio Overview Average Price: $.101 Portfolio %: 17.5% Portfolio % Range: 6-18% Next Buy: $.06 Next Sell: $.179 Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) Positive news concerning a European patent did little to move this stock. We expect to see some great news soon that will really get things moving. We are satisfied with our current average. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $059 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $257,000 Time and Sales Yesterdays No. of Trades: 116 Financials Avg. Dollar Volume: $354,000 Level II Avg. No. of Trades: 180 News Portfolio Overview Average Price: $.074 Portfolio %: 11% Portfolio % Range: 5.9-13.5% Next Buy: $.049 Next Sell: $.162 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) We expect to see somewhat of a pop with this mornings news of the federal government awarding TFCT wholly owned subsidiary Trident a million dollar contract. This company produces patches to control oil spills. This shows how well all of TFCT's businesses are doing. ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.075 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $14,000 Time and Sales Yesterdays No. of Trades: 14 Financials Avg. Dollar Volume: $69,000 Level II Avg. No. of Trades: 44 News Portfolio Overview Average Price: $.131 Portfolio %: 9% Portfolio % Range: 4.5-17.6% Next Buy: $.074 Next Sell: $.168 Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) We expect to bring our average price which is the most out of whack today buy adding another 7% of our portfolio at $.075. This appears to be around the support level and we do not see it going much lower without any negative news. We think it should be about time for this company to come out with something positive. ____________________________________________________________ Daily Tip We would like to discuss the difference between a good company and a good OTC BB company. When you buy a listed stock you are buying a company that is owned by so many more people than a bulletin board stock. In giant corporations things like executive pay, what insiders are buying or selling, and how much they waste on expense accounts don't matter very much. In our world these things are much more important, think of an over the counter stock as a Mom and Pop company. In many cases one or two people run the entire company and even do the accounting and SEC fillings. We must determine what company's legitimately make or sell a product or service, and not just push paper around to sell shares to the public. A good way to do this is to spend five minutes researching a company and if you can't figure out what they do, make or sell, then forget about it. Enjoy Your Trading Day, Penny Stocks Daily Penny Stocks Daily does not receive any compensation whatsoever from the companies we follow. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily Wednesday, August 18, 2004 Good Morning, The market continues to be obsessed by the short term price swings of oil. There is no shortage of positive earnings and inflation seems to be under control. We currently have an average P/E of around 20 on the S&P which is by no means a historical low, but is way below what we saw even last year. We expect the stock markets to pull back a bit today unless we see a dramatic drop in crude oil futures which are above $47 dollars a barrel. We are still looking for the bottom to be confirmed by the Volatility index. We need to see a reading somewhere well above 20 which would match the lows of the past several years. We expect a significant rally once the elections appear to work themselves out, no matter who wins, but we will likely see a huge one or two day sell off in October. This will be the time to buy an ETF like the QQQ, and may provide substantial percentage gains in a short period of time, possibly peaking as early as February of next year. Futures point down today and the markets will almost certainly reciprocate the price of oil. Volume on the overall markets was light which is to be expected this time of year. We did, however, see over 3 billion shares traded on the OTC BB but were mostly from a couple of issues in the $.0001 range. Advancers came very close to matching decliners which is usually a positive sign for this market. The number of issues remains steady at around 3275 and we would like to see them even pull back a little from here. Over all we have seen this market fall in line with the NASDAQ on a daily basis. Overall volatility remains high in Penny Stock land, and we will look for breakouts from all of the recent lows that have been set. New Initiatives and Recent Developments We added to one of our favorite positions yesterday, ONEV, as the ask came down to our next buy point. We would like to get rid of another small position we are in and if we continue to see insider selling in TFCT we will have to step back. Also we plan on getting rid of ATNG on the next significant bounce which will bring plenty of cash for new issues to the portfolio. We expect to take profits in MOBL as well and buy more on a pull back. We do have sufficient cash currently to add to some of our newer positions that we are still lightly invested in, but only if they meet our buy conditions. The Portfolio Ambient Corp. ABTG Quick Snapshot Quick Links Closing Price: $.24 www.ambientcorp.com 52 week high: $.55 SEC fillings and insider transactions 52 week low: $.12 Chart Yesterdays Dollar Volume: $52,000 Time and Sales Yesterdays No. of Trades: 45 Financials Avg. Dollar Volume: $129,000 Level II Avg. No. of Trades: 61 News Portfolio Overview Average Price: $.23 Portfolio %: 14.6% Portfolio % Range: 6.4-16% Next Buy: $.17 Next Sell: $.35 Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) ABTG is one of several stocks in our portfolio that pulled back slightly after their 10Q was releases. Kind of a buy the rumor sell the news scenario. The spread on the level two widened to a distance we have not seen in a while showing a differenced of opinion. Their prospects remain strong and support has held up very well. We will simply hold until we see some more agreements from ISP's or electrical companies, and positive results from their field trials. ____________________________________________________________ Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.0032 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0026 Chart Yesterdays Dollar Volume: $11,000 Time and Sales Yesterdays No. of Trades: 27 Financials Avg. Dollar Volume: $40,000 Level II Avg. No. of Trades: 37 News Portfolio Overview Average Price: $.0054 Portfolio %: 20.5% Portfolio % Range: 5.8-30.2% Next Buy: N/A Next Sell: $.0089 Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) As we await ATNG's 10Q which is late, but not delinquent, we expect the stock to slowly run until it comes out. Anytime their is such high anticipation for an earnings release to see where profits came from, we rarely see a huge percentage spike when it comes out. Think about it, what do you plan to do when earnings come out, buy or sell. We do expect some kind of twist that will send this issue higher and we will remain patient. We see no need for a stop loss at this time and will almost certainly average down one more time if we get to the low $.002's. ____________________________________________________________ Communication Intelligence Corp. CICI Quick Snapshot Quick Links Closing Price: $.34 www.cic.com 52 week high: $1.10 SEC fillings and insider transactions 52 week low: $.30 Charts Yesterdays Dollar Volume: $13,000 Time and Sales Yesterdays No. of Trades: 24 Financials Avg. Dollar Volume: $72,000 Level II Avg. No. of Trades: 39 News Portfolio Overview Average Price: $.34 Portfolio %: 7.5% Portfolio % Range: 7-8.3% Next Buy: $.29 Next Sell: $.55 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) CICI continues to trade on low volume. This stock has an unbelievable support level right here and we will remain patient. We are not adding any more shares at this time. This will likely be a longer term play that we will beef up over time. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.235 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $401,000 Time and Sales Yesterdays No. of Trades: 182 Financials Avg. Dollar Volume: $1,282,000 Level II Avg. No. of Trades: 387 News Portfolio Overview Average Price: $.199 Portfolio %: 8.8% Portfolio % Range: 6.9-10.1% Next Buy: $.191 Next Sell: $.279 Quick Glance PSD Rating: 7 (1= close to next buy, 10= close to next sell) We ave seen trading activity slow for this issue which has been positive for the price. With another acquisition under their belt and another one on the way, we expect this company to do exactly what is says it will do. We may begin to trade this position rapidly but will sit tight for now. We would really like a much larger allocation but need to remain patient. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.088 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $137,000 Time and Sales Yesterdays No. of Trades: 121 Financials Avg. Dollar Volume: $159,000 Level II Avg. No. of Trades: 88 News Portfolio Overview Average Price: $.101 Portfolio %: 17.9% Portfolio % Range: 6-18% Next Buy: $.06 Next Sell: $.179 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) We saw ONEV pull back a little bit after the stock ran up slightly ahead of their earnings. Their was nothing bad in the 10Q, but their was nothing overly exciting either. This gave us the opportunity to add more shares with the standard 7% of the portfolio and bring our average down. We expect news shortly regarding some kind of agreement with a major technology company regarding their 4th generation voice recognition products which are the best out their. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $06 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $217,000 Time and Sales Yesterdays No. of Trades: 111 Financials Avg. Dollar Volume: $444,000 Level II Avg. No. of Trades: 212 News Portfolio Overview Average Price: $.074 Portfolio %: 11.3% Portfolio % Range: 5.9-13.5% Next Buy: $.049 Next Sell: $.162 Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) We have seen a bit of insider selling recently, but it has not been enough to raise significant red flags. We were sorry to here that their corporate secretary had to resign due to illness. We do see exceptional support in this range and if insiders can stop dumping shares for a bit, we may see a rally. We expect a press release any day now announcing the commencement of their television commercials to promote PrizeWise. ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.086 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $47,000 Time and Sales Yesterdays No. of Trades: 43 Financials Avg. Dollar Volume: $74,000 Level II Avg. No. of Trades: 48 News Portfolio Overview Average Price: $.131 Portfolio %: 9.6% Portfolio % Range: 4.5-17.6% Next Buy: $.069 Next Sell: $.168 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) TRPL may actually pull down to our next buy point where we will add another 7% of the portfolio. We sure would like to here how things are going, but highly respect any company that waits until their are significant events to warrant a press release. With this tiny float we expect a dramatic move once we here something. ____________________________________________________________ Daily Tip Lets talk about when to sell a stock because of news. We know that buying a stock is the easy part and we never do it right after good news. Always buy when there has been no news for a while. The only time to sell a stock is either on good news or very bad news. We typically average down, but if horrible news comes out, its obviously better to sell everything for a loss and save a lot of money. Only look for news that changes the entire fundamental structure of the company. Be sure to read everything that comes out because even the worst news can sound good in a press release. One example would be if the headline reads "WXYZ corp announces restructuring and intent to purchase ABCD inc." At a glance this almost appears O.K., but further scrutiny will uncover that the company has ceased all operations and is currently looking for a couple of companies that are worse off than them to buy. A lot of times things will work out but the stock is definitely going down and not returning to the same levels for quite some time. You usually have 20-30 minutes to get out at a reasonable price and watch for the dead cat bounce the next day. It is definitely important to monitor news throughout the day for sells but not buys. Enjoy Your Trading Day, Penny Stocks Daily Penny Stocks Daily does not receive any compensation whatsoever from the companies we follow. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily Tuesday, August 17, 2004 Good Morning, The market rallied nicely yesterday which started out as a bit of a short covering dead cat bounce, and continued higher as the price of oil fell considerably. This mornings economic data should be what the market and the FED has been looking for. Housing starts were up more than expected and inflation seems to be well under control. Futures are rallying again today and we expect to see the Dow up another 60-80 points mid morning. Whether or not we can get another 100+ point advance will depend on the price of oil. As long as their is no significant developments over seas, we expect to see Crude futures continue to pull back. We were looking for 1080 on the S&P as a key price to watch. This was th low end of this years trading range and has recently become a ceiling after the markets found new lows. The key will be whether or not we can close the day above this number and more importantly, the week. The NASDAQ has some ground to make up but is coming along nicely. Everyone will be watching the Dow to see if it goes back above 10,000, but is in our opinion the least significant number. We again saw sustained volume on the OTC BB but see no signs of a breakout. We will watch today to find out if this market will lag the major indices and rally, or if Blue chips are making a false move. We will examine individual sectors with respect to all markets to try and get to the bottom of this. With volatility returning to the over all market, many traders are quite playing ETF's and will return to the OTC BB once things slow down. We saw plenty of quarterly reports out after the bell so we could get some movement today. New Initiatives and Recent Developments We sold our smallest position yesterday which was small for a reason. BSIO was pretty much a long shot and the small loss is no where near damaging. We still like the longer term prospects, but with the spotlight falling away from homeland security as we approach years end, makes it difficult to see any significant interest in the short to mid term. We would buy again at a much lower price. We now have a good bit of cash to work with and will add to any of our current positions that meet our next buy point. As soon as we see what is happening to Penny Stocks in relationship to the markets, we may initiate several new positions this week. The Portfolio Ambient Corp. ABTG Quick Snapshot Quick Links Closing Price: $.24 www.ambientcorp.com 52 week high: $.55 SEC fillings and insider transactions 52 week low: $.12 Chart Yesterdays Dollar Volume: $52,000 Time and Sales Yesterdays No. of Trades: 45 Financials Avg. Dollar Volume: $129,000 Level II Avg. No. of Trades: 61 News Portfolio Overview Average Price: $.23 Portfolio %: 14.6% Portfolio % Range: 6.4-16% Next Buy: $.17 Next Sell: $.35 Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) ABTG had a fairly informative quarterly report yesterday and being a development stage company, investors are usually not looking to much at the numbers. We hope to here news of successful field trials or at least new stages and we were somewhat impressed with how much cash they have. ____________________________________________________________ Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.0032 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0026 Chart Yesterdays Dollar Volume: $11,000 Time and Sales Yesterdays No. of Trades: 27 Financials Avg. Dollar Volume: $40,000 Level II Avg. No. of Trades: 37 News Portfolio Overview Average Price: $.0054 Portfolio %: 20.5% Portfolio % Range: 5.8-30.2% Next Buy: N/A Next Sell: $.0089 Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) ATNG filled a notification of late filling and said that their quarterly report would be out by next Monday. This is somewhat disappointing, but found the reason mostly viable. We usually see this whenever a company changes their accounting firms mid quarter. We may see a pullback but will hold steady an may even buy a little bit more if prices get extremely low. Remember that we never follow a stock below $.001 but we are no to concerned right at the moment. Their is no reason we can't wait at least another week. ____________________________________________________________ Communication Intelligence Corp. CICI Quick Snapshot Quick Links Closing Price: $.34 www.cic.com 52 week high: $1.10 SEC fillings and insider transactions 52 week low: $.30 Charts Yesterdays Dollar Volume: $13,000 Time and Sales Yesterdays No. of Trades: 24 Financials Avg. Dollar Volume: $72,000 Level II Avg. No. of Trades: 39 News Portfolio Overview Average Price: $.34 Portfolio %: 7.5% Portfolio % Range: 7-8.3% Next Buy: $.29 Next Sell: $.55 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) Volume has fallen considerably, which is to be expected, but we have found solid support at our average price. We will wait for news. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.225 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $401,000 Time and Sales Yesterdays No. of Trades: 182 Financials Avg. Dollar Volume: $1,282,000 Level II Avg. No. of Trades: 387 News Portfolio Overview Average Price: $.199 Portfolio %: 8.5% Portfolio % Range: 6.9-10.1% Next Buy: $.191 Next Sell: $.279 Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) MOBL closed another acquisition and is on tons of hotlists. This may be the reason for the lackluster price action. We are very happy with how well it has held up above $.20 and we will likely raise our next buy condition soon. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.092 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $137,000 Time and Sales Yesterdays No. of Trades: 121 Financials Avg. Dollar Volume: $159,000 Level II Avg. No. of Trades: 88 News Portfolio Overview Average Price: $.127 Portfolio %: 11.6% Portfolio % Range: 6-15.7% Next Buy: $.086 Next Sell: $.186 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) ONEV rallied a little bit ahead of it's quarterly earnings. This company will have no problems financing their voice recognition R&D and it was good to see some wage cuts and an improvement for their bottom line. We expect to see Microsoft get involved shortly, or at least some other big company. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $061 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $217,000 Time and Sales Yesterdays No. of Trades: 111 Financials Avg. Dollar Volume: $444,000 Level II Avg. No. of Trades: 212 News Portfolio Overview Average Price: $.074 Portfolio %: 11.5% Portfolio % Range: 5.9-13.5% Next Buy: $.049 Next Sell: $.162 Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) We noticed that TFCT is still engaged in a few other business's besides PrizeWise. This is positive and we expect to here some news concerning increased exposure for PrizeWise soon. ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.095 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $47,000 Time and Sales Yesterdays No. of Trades: 43 Financials Avg. Dollar Volume: $74,000 Level II Avg. No. of Trades: 48 News Portfolio Overview Average Price: $.131 Portfolio %: 9.6% Portfolio % Range: 4.5-17.6% Next Buy: $.069 Next Sell: $.168 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) We have not heard anything from this company in a while and it is interesting how their quarterly report raised significant concerns of not completing their next acquisition, but the stock rallied. Volatility has escaped this issue, and we may have been a bit over sold. We will need to see some kind of an update soon or else we are out. ____________________________________________________________ Daily Tip As you may know, we only trade long positions at this time. Te reason is that we have found a much better return can be achieved by staying on one side of the market. It needs to be the right side, however, and the current bull market fits the bill. By only trading long, we are able to keep trading cost's down, limit the amount of risk at any given moment, and increase our winning percentage. Enjoy Your Trading Day, Penny Stocks Daily Penny Stocks Daily does not receive any compensation whatsoever from the companies we follow. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily Monday, August 16, 2004 Good Morning, We should continue to see light summer trading for the rest of this month, especially with the Olympics underway. Oil will again play a roll today, and is due for a pullback. There is simply not enough of a supply and demand discrepancy to warrant these kinds of prices. There are other elements at play here and we expect oil to crash hard very shortly. This will almost certainly send the stock market on a nice rally. We have not seen a 300+ point rally on the DOW in close to a year now, and as soon as volume returns from vacation, we could see it. The question on our minds, however, is whether or not we can say that money managers have done their end of the year selling yet to take advantage of tax breaks and the wash sale rule. We would like to see the volatility index (VIX) stay above 20 for a few days and even approach 23 before we attempt to call a bottom here. We saw steady trading activity on the OTC BB on Friday with advancers and decliners almost matching each other. The number of issues traded on this venue continues to increase slightly. We are looking for over two billion shares traded and spread out evenly, coupled with advancers beating decliners for the first sign of a turn around in this market. We also expect penny stocks to lead the over all markets when we head back up. Aklaim, maker of video games, may be delisted this week from the NASDAQ small cap and join the ranks of the OTC BB. We are not recommending a buy here, but would keep an eye on this one as it presents a couple of good trading opportunities. They have a credit extension till the end of this week and may work out things with their new one before that. Delisting is already priced in, but bankruptcy looms. We will keep an eye on this one as it will likely be an OTC BB volume leader once it gets here. New Initiatives and Recent Developments We are heavily invested in penny stocks right now and will likely sell one or more of our positions soon in order to have funds available to add to any of our current positions that meet our next buy condition. We are also watching several new possible opportunities. The Portfolio Ambient Corp. ABTG Quick Snapshot Quick Links Closing Price: $.23 www.ambientcorp.com 52 week high: $.55 SEC fillings and insider transactions 52 week low: $.12 Chart Yesterdays Dollar Volume: $114,000 Time and Sales Yesterdays No. of Trades: 84 Financials Avg. Dollar Volume: $136,000 Level II Avg. No. of Trades: 64 News Portfolio Overview Average Price: $.23 Portfolio %: 14% Portfolio % Range: 6.4-16% Next Buy: $.17 Next Sell: $.35 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) ABTG is holding up well and we have seen a few articles talking about high speed data transfer through power lines. ABTG has found a way to route around transformers, which appears to be one of the only things holding this technology back. We expect some interest soon. ____________________________________________________________ Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.0035 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0026 Chart Yesterdays Dollar Volume: $40,000 Time and Sales Yesterdays No. of Trades: 91 Financials Avg. Dollar Volume: $42,000 Level II Avg. No. of Trades: 47 News Portfolio Overview Average Price: $.0054 Portfolio %: 21.8% Portfolio % Range: 5.8-30.2% Next Buy: N/A Next Sell: $.0089 Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) We saw a bit of a rally yesterday as a couple of smaller Market Making firms finally fell off the ask. We saw small trades moving the price up and with earnings coming out very soon, we expect a pop. We will hold our profit target intact and will take half profits at that point and put in a trailing stop loss for the rest for the position about $.001 below the profit target. ____________________________________________________________ BSI2000 BSIO Quick Snapshot Quick Links Closing Price: $.061 www.bsi2000.com 52 week high: $.510 SEC fillings and insider transactions 52 week low: $.0380 Charts Yesterdays Dollar Volume: $53,000 Time and Sales Yesterdays No. of Trades: 43 Financials Avg. Dollar Volume: $69,000 Level II Avg. No. of Trades: 57 News Portfolio Overview Average Price: $.085 Portfolio %: 6.4% Portfolio % Range: 6.3-9.8% Next Buy: N/A Next Sell: $.055 (Stop Loss) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) We will be selling our entire position today on any kind of rally. We have just not seen the interest that we thought we would and with this position being our smallest, a tiny loss will not mean much of anything. We may come back at a lower price. ____________________________________________________________ Communication Intelligence Corp. CICI Quick Snapshot Quick Links Closing Price: $.35 www.cic.com 52 week high: $1.10 SEC fillings and insider transactions 52 week low: $.30 Charts Yesterdays Dollar Volume: $30,000 Time and Sales Yesterdays No. of Trades: 30 Financials Avg. Dollar Volume: $73,000 Level II Avg. No. of Trades: 39 News Portfolio Overview Average Price: $.34 Portfolio %: 7.8% Portfolio % Range: 7-8.3% Next Buy: $.29 Next Sell: $.55 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) As a newcomer to the portfolio, CICI has held up well so far, but we have seen light volume, and will likely continue to. We will remain patient with this veteran Penny Stock. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.226 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $930,000 Time and Sales Yesterdays No. of Trades: 409 Financials Avg. Dollar Volume: $1,369,000 Level II Avg. No. of Trades: 421 News Portfolio Overview Average Price: $.199 Portfolio %: 8.6% Portfolio % Range: 6.9-10.1% Next Buy: $.191 Next Sell: $.279 Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) Over all MOBL' earnings and forward guidance was positive. We will need to see another acquisition soon to show that they are still on track. This stock could rise to the dollar range in a very short time. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.0861 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $240,000 Time and Sales Yesterdays No. of Trades: 156 Financials Avg. Dollar Volume: $165,000 Level II Avg. No. of Trades: 93 News Portfolio Overview Average Price: $.127 Portfolio %: 10.9% Portfolio % Range: 6-15.7% Next Buy: $.086 Next Sell: $.186 Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) We like the prospects of this company enough to continue to look for another buy. There is great support in this area and we will continue to try and buy at our next condition, which was not met on Friday, as the ask never came down enough. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $06 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $187,000 Time and Sales Yesterdays No. of Trades: 124 Financials Avg. Dollar Volume: $509,000 Level II Avg. No. of Trades: 237 News Portfolio Overview Average Price: $.074 Portfolio %: 11.3% Portfolio % Range: 5.9-13.5% Next Buy: $.049 Next Sell: $.162 Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) We have seen a lot of insider selling lately with this issue, but todays news will likely keep us above $.06. We will continue to evaluate this position and it may be the next to go. We will however remain patient. ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.09 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $148,000 Time and Sales Yesterdays No. of Trades: 85 Financials Avg. Dollar Volume: $83,000 Level II Avg. No. of Trades: 53 News Portfolio Overview Average Price: $.131 Portfolio %: 8.8% Portfolio % Range: 4.5-17.6% Next Buy: $.069 Next Sell: $.168 Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) Volatility has dried up a little bit with this issue. We are still waiting for some news from this company, and without any, there is no reason to act at the moment. We expect some kind of results from their cheap and accurate AIDS test's, and there continued medical devices acquisition activity. ____________________________________________________________ Daily Tip Aggressive buying is something that should be done rarely. When market conditions dictate, however, it is important to get the job done as quickly as possible. When aggressively buying an OTC BB stock it is important to exhibit patience but determination, and not to let the Market Makers know what your doing. Simply place your limit order at the ask and wait for it to be filled. You do not want to give the MM's anything to work with. We typically don't mind playing games as we tend to get a better price, but when you have made a clear decision, and time is the most important factor, it is not play time. Enjoy Your Trading Day, Penny Stocks Daily Penny Stocks Daily does not receive any compensation whatsoever from the companies we follow. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |