| Back Issues Pages are sorted with the latest issue at the top. Aug 1-5, 2005 |
| Penny Stocks Daily |
| Friday, August 5, 2005 |
| Good Morning, Futures are headed lower this morning following a much better than expected jobs report. The unemployment rate remained exactly the same at 5%, while the economy added more than 200 thousand jobs. June numbers were revised up a few thousand jobs as well, but the stock market seems to be focused on the hourly earnings component, which rose .4%. Fears of inflation may be setting in, while it is very evident that the economy is on the right track. Oil continues it's exuberance, and the ten year note is showing quite a bit of movement, and now yields close to 4.4%. The dollar continues to act subdued this week after a month or two of strength. Micro Cap View Monday we saw 50 thousand transactions on the OTC BB, Tuesday we saw 47 thousand, Wednesday we saw 45 thousand, and yesterday we saw 46 thousand transactions. Despite these numbers declining day over day, they are still quite high and well above all of this measures short to mid term moving averages. Share volume has remained consistent at around a billion shares a day. Price action was weak to mixed during the first part of the week, but penny stocks accelerated to the upside Wednesday with an advance decline line which was actually positive, and 7 out of 10 of the most heavily traded made gains. Yesterday action was more mixed with 5 out of ten of the most heavily traded making gains. We saw three stocks doing more than 1000 trades, and 10 did more than 500, which is a little better than the previous two days. Tech and Biotech companies led the way, and when we look at the leader board, we are surprised to see so many newer faces, as this time of year we tend to only see the old standbys gaining all of the momentum. New Initiatives and Recent Developments We saw some slight positive action in the portfolio yesterday, and would be surprised not to see it continue and possibly accelerate into the rest of the week. Most of our issues are at a standstill, but remain very solid. We are ready to add 7% of the portfolio to MOBL if it dips below $.30. We are also ready to take half of our position off the table in SMTR should it reach our profit target. We will sit tight for now, and are watching a whole host of issues for a possible new addition to the portfolio. These issues include USTT, GPSN, SDGL, PTSN, BRVO, RSGC, CICI, MSEP, VYST, CCHI, FCCN, WWAT, BBAN, RUBM, SRCO, TCOW and BUKS. |
| The Portfolio |
| Mobilepro Corp (MOBL) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.317 Portfolio %: 6.6% Portfolio % Range: 6.6-8.5% Next Buy: $.295 (7% of Portfolio Value) Next Sell: $.448 (Half of Position)(Stop Loss @ $.165) Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $.302 Quick Profile Mobilepro Corp. engages in the development of wireless technologies. The company operates through its two wholly owned subsidiaries, NeoReach, Inc. and DFW Internet Services. NeoReach engages in the development of semiconductor chip for use in home networking and selected industrial monitoring applications based on the ZigBee standard. Through DFW Internet Services, the company provides broadband and dial up Internet access, Web-hosting services, and related Internet services to business and residential customers in approximately 40 states. Mobilepro has strategic alliance with Massively Parallel Technologies, Inc.; Global Wireless Solutions and Technology and GBH Telecom; NetWolves Corporation; and Global Defense Corporation. Mobilepro is headquartered in Bethesda, Maryland. Contact: 6701 Democracy Boulevard Suite 300 Bethesda, MD 20817 Phone: 301-315-9040 |
This stock continues to flirt very close to our second buy condition, and we will keep a close eye on it today and are ready to add another 7% of the overall portfolio as measured by yesterdays closing prices coupled with the cash portion of the portfolio, and will be ready when we see the stock dip below $.30. |
| NeoMedia Technologies Inc (NEOM) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.408 Portfolio %: 10.4% Portfolio % Range: 6.7-28.9% Next Buy: $.299 Next Sell: $.475 (1/2 of Position)(1/2 Stop Loss @ $.19) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.neom.com Closing Price: $.39 Quick Profile NeoMedia Technologies Inc. develops technologies that link physical information and objects to the Internet, which is marketed under the PaperClick brand name. The Company focuses on developing and commercializing such technologies. It has also developed a patent portfolio covering convergence of the physical world and the Internet. It operates two business units that include NeoMedia Internet Switching Software (NISS) and NeoMedia Consulting and Integration Services (NCIS). NeoMedia's wholly owned subsidiaries are NeoMedia Migration, Inc., Distribuidora Vallarta, S.A., NeoMedia Technologies of Canada, Inc., NeoMedia Tech, Inc., NeoMedia EDV GMBH, NeoMedia Technologies Holding Company B.V., NeoMedia Technologies de Mexico S.A. de C.V., NeoMedia Migration de Mexico S.A. de C.V., NeoMedia Technologies do Brazil Ltd. and NeoMedia Technologies UK Limited. On January 2004, it established NeoMedia Micro Paint Repair, Inc and on February 2004, it acquired CSI International, Inc., of Calgary. Contact: 2201 Second Street, Suite 402 Fort Myers, FL 33901 Phone: (239) 337-3434 Fax: (239) 337-3668 |
Thursday and Friday, after getting stopped out of half the weight in this position, The stock did very little to support our cause and did not go any lower. Do not forget that we did keep half of it, and are now weighted to a level that we feel is more appropriate. Should the stock accelerate to the downside in the coming days and weeks, we are prepared to add another 7% of the overall portfolio back to the position should the stock dip below $.30. This is all provided that no major developments occur to change our thinking, but we do see a lot of support for this issue to remain in the foreseeable future. |
| One Voice Technologies Inc (ONEV) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.041 Portfolio %: 11.8% Portfolio % Range: 5.1-11.2% Next Buy: $.019 (6% of Portfolio Value) Next Sell: $.079 (Half of Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.onevoicetech.com Closing Price: $.04 Quick Profile One Voice Technologies, Inc. engages in the development and marketing of computer software, using intelligent voice interactive technology, to Web site owners in the United States and other countries. The company offers voice solutions for the telecom, motion picture DVD entertainment, and personal computer markets. Its solutions enable mobile and residential phone users to voice dial, group conference call, and read and send email and instant messages all by voice. The company offers various services that include MobileVoice Activated Dialing, MobileConference, MobileVoice Email, MobileVoice SMS, MobileVoice Instant Messaging, MobileVoice Voice Mail, and Mobilevoice Email Reader. The company also offers MobileVoice Network News, a mobile news service. One Voice was incorporated in January 1999 as Conversational Systems, Inc. The company changed its name to One Voice Technologies, Inc. after merging with Dead On, Inc. in July 1999. One Voice is headquartered in San Diego, California. Contact: 6333 Greenwich Drive, Suite 240 San Diego, CA 92122 Phone: 858-552-4466 Fax: 858-552-4474 |
| Were were finally able to beef this position up earlier in the week after the stock dipped below our target buy point of around $.38 on very light volume. Wednesday's action is a classic example of a stock that is seemingly very lightly traded, but still remains on a huge list of radar screens. There were zero trades all morning long until a press release came out later in the day concerning a retail campaign for the company's continued partnership with CompUSA. At the end of the day, the stock did 115 trades, and was in the upper echelon of activity leaders under a dollar on the OTC BB. This may be another tuning point for the stock, and we will keep an eye on it. We are keeping our rather high profit target in tact for th time being, but may lower it as time goes on. |
| GRAND HAVANA ENTERPR (PUFF) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.39 Portfolio %: 5.8% Portfolio % Range: 5.4-6.3% Next Buy: $.276 (6% of Portfolio Value) Next Sell: $.72 (Half of Position) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.grandhavana.com Closing Price: $.38 Quick Profile Grand Havana Enterprises, Inc. engages in the ownership, operation, and development of private membership cigar clubs under the name ‘Grand Havana Rooms’ and retail cigar stores under the name ‘Grand Havana House of Cigars’ in the United States. Grand Havana Room includes a private smoking lounge, a full bar, and food service. Its facilities are available for use only by members and their guests. The Grand Havana House of Cigars retail store specializes in premium cigars, cigar accessories, and related merchandise. As of September 26, 2004, the company owned and operated two Grand Havana Rooms located in Beverly Hills, California and New York, New York; and one Grand Havana House of Cigars retail store located in Beverly Hills, California. The company was incorporated in 1993 under the name United Restaurants, Inc. and changed its name to Grand Havana Enterprises, Inc. Grand Havana Enterprises is based in Los Angeles, California. Contact: 1990 Westwood Boulevard 3rd Floor Los Angeles, CA 90025 Phone: 310-475-5600 Fax: 310-441-2100 |
We may be forced to step out of this position entirely if their quarterly results due before the middle of the month do not reflect a reasonable improvement, and it does not bring in at least a little bit more trading activity. For now, this has been dead money, but it is always nice to get in on these things early. If it is apparent that we were to early, we will step out for a while. |
| Smartire Systems Inc (SMTR) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.098 Portfolio %: 10.7% Portfolio % Range: 5.8-13% Next Buy: $.094 (6% of Portfolio Value) Next Sell: $.155 (Half of Position)(Stop Loss @ $.0499) Quick Glance PSD Rating: 8 (1= close to next buy, 10= close to next sell) |
| www.smartire.com Closing Price: $.124 Quick Profile SmarTire develops and markets proprietary advanced tire pressure monitoring and technology systems for the global automotive and transportation industries. The U.S. government, through the TREAD Act, has legislated that all new passenger vehicles must be equipped with tire monitoring systems beginning with a phased implementation in 2004. SmarTire is capitalizing on the rapidly emerging OEM and aftermarket opportunities. The company's vision is to become the preeminent provider of wireless sensing and control systems for vehicles worldwide. Incorporated in 1987, SmarTire has offices in North America and Europe. Contact: Randy Halischuk, Judy Leclercq, 1-800-982-2001 Email: investor_relations@smartire.com or Hawk Associates at (305) 852-2383, Email: info@hawkassociates.com Hawk Associates at (305) 451-1888 |
| Rather than have an aggressive strategy for adding more to this position, we still feel it is speculative, and have more of an aggressive profit target for half of the position. We believe the recent strength and support in the stock will facilitate our target being met, which is only for something just over 50% with respect to around 6% of the entire portfolio. We believe that a tighter and lighter strategy is the best way to play this stock at the present time. |
| SoftNet Technology (STTC) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.20 Portfolio %: 26.5% Portfolio % Range: 6.4-30% Next Buy: N/A Next Sell: $.325 (1/3 of the Position)(Stop Loss @.099) Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) |
| www.softnettechnology.com Closing Price: $.224 Quick Profile Softnet Technology Corporation recently acquired WholesaleByUs, LLC. In the short existence of one year, WBU has been able to reach the Platinum seller status on EBAY and is close to reaching the highest level -- Titanium. WBU designed a business model that allows the company to integrate with other Internet sellers programs as well as with Paypal's system developers program. All sales can be tracked immediately to allow for the quickest shipping time possible. Contact: SoftNet Technology James Farinella, 866-898-4842/908-204-9911 www.softnettechnology.com |
| Despite the weak volume and the lackluster price action for this position, we are seeing the stock maintain a higher and higher floor every single week that goes by. Provided we do not see a ton of shares issued from the company, and provided their 10Q verifies what they have been saying, we would expect this company to soar with the top five trades per day leaders for a while and run up to something close to a dollar. We may have to wait until the summer doldrums are over, which may be a month or so, but we are very confident with the heavy weight in the portfolio. We do not plan on adding any more until we can take some profits off the table, but as we have been saying for quite a while now, we feel that anything in the low $.20's is a great place to get started in this stock. The 10Q will verify that this company is experiencing triple digit growth quarter over quarter, strength in each one of their separate, but integrated businesses, and that profitability is not far off, and we believe investors will flock to the stock just as they did to BRVO. |
| UC HUB GROUP INC (UCHB) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.29 Portfolio %: 6.3% Portfolio % Range: 6.2-7.4% Next Buy: $.18 (6% of Portfolio value) Next Sell: $.535 (1/2 of the Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.uchub.net Closing Price: $.24 Quick Profile UC Hub Group, Inc. operates as a software development and distribution company principally in the United States. It primarily focuses on digital communications and digitally-based products and services. The company’s wholly owned subsidiary, AllCom USA, Inc., operates as a licensed and Web centric telecommunications services provider. It offers voice over Internet protocol, engineering, cabling, and Wi-Fi services. UC Hub Group’ s another wholly owned subsidiary, eSAFE, Inc., is a developer and distributor of bank sponsored debit and payroll cards and related services. Its products and services include bank and credit card processing, payroll cards, prepaid debit cards, gift cards, college/teen cards, allowance cards, merchant services, and ATM processing services, as well as the sale or lease of related point of sale equipment. In addition, the company’s municipal government software application, OurTown2, is designed to manage the interface between a municipal government and its constituents, or e-citizens in the United States. UC Hub Group is based in Rancho Cucamonga, California. Contact: 10390 Commerce Center Drive, Suite 250 Rancho Cucamonga, CA 91730 Phone: 909-945-8563, Fax: 877-826-3866 |
| This stock is excessively volatile, and we are very happy with the light weight in the portfolio. We are seeing the trading band get a little bit tighter and tighter, which may be forecasting a nice bounce. We will have to wait and see, but for now, our second buy point is set very low, and our profit target is set very high. |
| Daily Tip |
It is not important to follow the major market indices's although it is nice to know where the S&P and NASDAQ are. We have not found a helpful and unbiased index for micro caps, so we follow the Russell 2000 as a kind of higher risk measurement. Over the long term penny stocks will follow the same pattern as the overall market but on a day to day basis, they tend to lag a little behind. Watch for heavily traded OTC BB stocks to rise when broader markets are selling off. We call this the dumb money effect, traders take their profits to riskier issues in an attempt to push their luck. 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 other than the Google ads. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased 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 is not a registered broker or investment advisor and you should always seek the advice of a certified financial advisor to determine what kinds of investments are right for you. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily |
| Thursday, August 4, 2005 |
| Good Morning, After over a week strait of the NASDAQ outperforming the rest of the major Indices, things finally caught up with it late in the session yesterday. The other two major indices made slight gains causing the S&P 500 to make yet another four year high. Despite yesterday mixed market, things were overwhelming positive in the face of whipsawing Oil prices, and no real major upside surprises on the earnings front. Microsoft led the way and almost caused the NASDAQ to finish positive, which was only down less than 2 points by the way. Keep in mind hat MSFT is also in the DOW and the S&P. Economic data so far this week has been light, and this is all about to change tomorrow when we receive the July non farm payroll data, other wise known as the jobs report. Data released this morning concerning initial jobless claims for last week shows a 1000 claim less than what was expected. This was during the last week in July, and although 1000 jobs is basically meaningless, it may be the only predictor we have to go on when trying to forecast tomorrows release. The consensus is for around 140,000 jobs added, which would be a pretty decent number and would keep the stock market quiet with respect to boosting about interest rate hikes and inflation. 200,000 + may also be good for stocks as the possibility of double digit growth continuing into this and possibly the last quarter of the year gets a boost. A very weak number would probably be bad for all markets. The dollar has lost quite a bit of ground so far this week, which will be key to keep an eye on. Bonds picked up a little bit of steam yesterday in the face of a mixed equity market, and the ten year note now yields less than 4.3%. Oil may be subdues after yesterdays inventory report, which showed a larger build in crude than what was expected. This mornings futures are headed lower and point to some profit taking early on. Lets see if the market can bounce back later in the day as it has all week long. Micro Cap View Monday we saw 50 thousand transactions on the OTC BB, Tuesday we saw 47 thousand, and yesterday we saw 45 thousand. Despite these numbers declining day over day, they are still quite high and well above all of this measures short to mid term moving averages. Share volume has remained consistent at around a billion shares a day. Price action was weak to mixed during the first part of the week, but penny stocks accelerated to the upside yesterday with an advance decline line which was actually positive, and 7 out of 10 of the most heavily traded made gains. We saw three stocks doing more than 1000 trades, and 7 did more than 500, which is a little weaker than the previous two days. Oil and Telecom companies led the way, and when we look at the leader board, we are surprised to see so many newer faces, as this time of year we tend to only see the old standbys gaining all of the momentum. New Initiatives and Recent Developments We saw some slight positive action in the portfolio yesterday, and would be surprised not to see it continue and possibly accelerate into the rest of the week. Most of our issues are at a standstill, but remain very solid. We are ready to add 7% of the portfolio to MOBL if it dips below $.30. We are also ready to take half of our position off the table in SMTR should it reach our profit target. We will sit tight for now, and are watching a whole host of issues for a possible new addition to the portfolio. These issues include USTT, GPSN, SDGL, PTSN, BRVO, RSGC, CICI, MSEP, VYST, CCHI, FCCN, WWAT, BBAN, RUBM, SRCO, TCOW and BUKS. |
| The Portfolio |
| Mobilepro Corp (MOBL) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.317 Portfolio %: 6.7% Portfolio % Range: 6.6-8.5% Next Buy: $.295 (7% of Portfolio Value) Next Sell: $.448 (Half of Position)(Stop Loss @ $.165) Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $.305 Quick Profile Mobilepro Corp. engages in the development of wireless technologies. The company operates through its two wholly owned subsidiaries, NeoReach, Inc. and DFW Internet Services. NeoReach engages in the development of semiconductor chip for use in home networking and selected industrial monitoring applications based on the ZigBee standard. Through DFW Internet Services, the company provides broadband and dial up Internet access, Web-hosting services, and related Internet services to business and residential customers in approximately 40 states. Mobilepro has strategic alliance with Massively Parallel Technologies, Inc.; Global Wireless Solutions and Technology and GBH Telecom; NetWolves Corporation; and Global Defense Corporation. Mobilepro is headquartered in Bethesda, Maryland. Contact: 6701 Democracy Boulevard Suite 300 Bethesda, MD 20817 Phone: 301-315-9040 |
This stock continues to flirt very close to our second buy condition, and we will keep a close eye on it today and are ready to add another 7% of the overall portfolio as measured by yesterdays closing prices coupled with the cash portion of the portfolio, and will be ready when we see the stock dip below $.30. |
| NeoMedia Technologies Inc (NEOM) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.408 Portfolio %: 10.6% Portfolio % Range: 6.7-28.9% Next Buy: $.299 Next Sell: $.475 (1/2 of Position)(1/2 Stop Loss @ $.19) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.neom.com Closing Price: $.40 Quick Profile NeoMedia Technologies Inc. develops technologies that link physical information and objects to the Internet, which is marketed under the PaperClick brand name. The Company focuses on developing and commercializing such technologies. It has also developed a patent portfolio covering convergence of the physical world and the Internet. It operates two business units that include NeoMedia Internet Switching Software (NISS) and NeoMedia Consulting and Integration Services (NCIS). NeoMedia's wholly owned subsidiaries are NeoMedia Migration, Inc., Distribuidora Vallarta, S.A., NeoMedia Technologies of Canada, Inc., NeoMedia Tech, Inc., NeoMedia EDV GMBH, NeoMedia Technologies Holding Company B.V., NeoMedia Technologies de Mexico S.A. de C.V., NeoMedia Migration de Mexico S.A. de C.V., NeoMedia Technologies do Brazil Ltd. and NeoMedia Technologies UK Limited. On January 2004, it established NeoMedia Micro Paint Repair, Inc and on February 2004, it acquired CSI International, Inc., of Calgary. Contact: 2201 Second Street, Suite 402 Fort Myers, FL 33901 Phone: (239) 337-3434 Fax: (239) 337-3668 |
Thursday and Friday, after getting stopped out of half the weight in this position, The stock did very little to support our cause and did not go any lower. Do not forget that we did keep half of it, and are now weighted to a level that we feel is more appropriate. Should the stock accelerate to the downside in the coming days and weeks, we are prepared to add another 7% of the overall portfolio back to the position should the stock dip below $.30. This is all provided that no major developments occur to change our thinking, but we do see a lot of support for this issue to remain in the foreseeable future. |
| One Voice Technologies Inc (ONEV) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.041 Portfolio %: 11.5% Portfolio % Range: 5.1-11.2% Next Buy: $.019 (6% of Portfolio Value) Next Sell: $.079 (Half of Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.onevoicetech.com Closing Price: $.039 Quick Profile One Voice Technologies, Inc. engages in the development and marketing of computer software, using intelligent voice interactive technology, to Web site owners in the United States and other countries. The company offers voice solutions for the telecom, motion picture DVD entertainment, and personal computer markets. Its solutions enable mobile and residential phone users to voice dial, group conference call, and read and send email and instant messages all by voice. The company offers various services that include MobileVoice Activated Dialing, MobileConference, MobileVoice Email, MobileVoice SMS, MobileVoice Instant Messaging, MobileVoice Voice Mail, and Mobilevoice Email Reader. The company also offers MobileVoice Network News, a mobile news service. One Voice was incorporated in January 1999 as Conversational Systems, Inc. The company changed its name to One Voice Technologies, Inc. after merging with Dead On, Inc. in July 1999. One Voice is headquartered in San Diego, California. Contact: 6333 Greenwich Drive, Suite 240 San Diego, CA 92122 Phone: 858-552-4466 Fax: 858-552-4474 |
| Were were finally able to beef this position up earlier in the week after the stock dipped below our target buy point of around $.38 on very light volume. Wednesday's action is a classic example of a stock that is seemingly very lightly traded, but still remains on a huge list of radar screens. There were zero trades all morning long until a press release came out later in the day concerning a retail campaign for the company's continued partnership with CompUSA. At the end of the day, the stock did 115 trades, and was in the upper echelon of activity leaders under a dollar on the OTC BB. This may be another tuning point for the stock, and we will keep an eye on it. We are keeping our rather high profit target in tact for th time being, but may lower it as time goes on. |
| GRAND HAVANA ENTERPR (PUFF) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.39 Portfolio %: 5.5% Portfolio % Range: 5.4-6.3% Next Buy: $.276 (6% of Portfolio Value) Next Sell: $.72 (Half of Position) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.grandhavana.com Closing Price: $.36 Quick Profile Grand Havana Enterprises, Inc. engages in the ownership, operation, and development of private membership cigar clubs under the name ‘Grand Havana Rooms’ and retail cigar stores under the name ‘Grand Havana House of Cigars’ in the United States. Grand Havana Room includes a private smoking lounge, a full bar, and food service. Its facilities are available for use only by members and their guests. The Grand Havana House of Cigars retail store specializes in premium cigars, cigar accessories, and related merchandise. As of September 26, 2004, the company owned and operated two Grand Havana Rooms located in Beverly Hills, California and New York, New York; and one Grand Havana House of Cigars retail store located in Beverly Hills, California. The company was incorporated in 1993 under the name United Restaurants, Inc. and changed its name to Grand Havana Enterprises, Inc. Grand Havana Enterprises is based in Los Angeles, California. Contact: 1990 Westwood Boulevard 3rd Floor Los Angeles, CA 90025 Phone: 310-475-5600 Fax: 310-441-2100 |
We may be forced to step out of this position entirely if their quarterly results due before the middle of the month do not reflect a reasonable improvement, and it does not bring in at least a little bit more trading activity. For now, this has been dead money, but it is always nice to get in on these things early. If it is apparent that we were to early, we will step out for a while. |
| Smartire Systems Inc (SMTR) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.098 Portfolio %: 10.7% Portfolio % Range: 5.8-13% Next Buy: $.094 (6% of Portfolio Value) Next Sell: $.155 (Half of Position)(Stop Loss @ $.0499) Quick Glance PSD Rating: 8 (1= close to next buy, 10= close to next sell) |
| www.smartire.com Closing Price: $.125 Quick Profile SmarTire develops and markets proprietary advanced tire pressure monitoring and technology systems for the global automotive and transportation industries. The U.S. government, through the TREAD Act, has legislated that all new passenger vehicles must be equipped with tire monitoring systems beginning with a phased implementation in 2004. SmarTire is capitalizing on the rapidly emerging OEM and aftermarket opportunities. The company's vision is to become the preeminent provider of wireless sensing and control systems for vehicles worldwide. Incorporated in 1987, SmarTire has offices in North America and Europe. Contact: Randy Halischuk, Judy Leclercq, 1-800-982-2001 Email: investor_relations@smartire.com or Hawk Associates at (305) 852-2383, Email: info@hawkassociates.com Hawk Associates at (305) 451-1888 |
| Rather than have an aggressive strategy for adding more to this position, we still feel it is speculative, and have more of an aggressive profit target for half of the position. We believe the recent strength and support in the stock will facilitate our target being met, which is only for something just over 50% with respect to around 6% of the entire portfolio. We believe that a tighter and lighter strategy is the best way to play this stock at the present time. |
| SoftNet Technology (STTC) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.20 Portfolio %: 26.7% Portfolio % Range: 6.4-30% Next Buy: N/A Next Sell: $.325 (1/3 of the Position)(Stop Loss @.099) Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) |
| www.softnettechnology.com Closing Price: $.23 Quick Profile Softnet Technology Corporation recently acquired WholesaleByUs, LLC. In the short existence of one year, WBU has been able to reach the Platinum seller status on EBAY and is close to reaching the highest level -- Titanium. WBU designed a business model that allows the company to integrate with other Internet sellers programs as well as with Paypal's system developers program. All sales can be tracked immediately to allow for the quickest shipping time possible. Contact: SoftNet Technology James Farinella, 866-898-4842/908-204-9911 www.softnettechnology.com |
| Despite the weak volume and the lackluster price action for this position, we are seeing the stock maintain a higher and higher floor every single week that goes by. Provided we do not see a ton of shares issued from the company, and provided their 10Q verifies what they have been saying, we would expect this company to soar with the top five trades per day leaders for a while and run up to something close to a dollar. We may have to wait until the summer doldrums are over, which may be a month or so, but we are very confident with the heavy weight in the portfolio. We do not plan on adding any more until we can take some profits off the table, but as we have been saying for quite a while now, we feel that anything in the low $.20's is a great place to get started in this stock. The 10Q will verify that this company is experiencing triple digit growth quarter over quarter, strength in each one of their separate, but integrated businesses, and that profitability is not far off, and we believe investors will flock to the stock just as they did to BRVO. |
| UC HUB GROUP INC (UCHB) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.29 Portfolio %: 6.3% Portfolio % Range: 6.2-7.4% Next Buy: $.18 (6% of Portfolio value) Next Sell: $.535 (1/2 of the Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.uchub.net Closing Price: $.26 Quick Profile UC Hub Group, Inc. operates as a software development and distribution company principally in the United States. It primarily focuses on digital communications and digitally-based products and services. The company’s wholly owned subsidiary, AllCom USA, Inc., operates as a licensed and Web centric telecommunications services provider. It offers voice over Internet protocol, engineering, cabling, and Wi-Fi services. UC Hub Group’ s another wholly owned subsidiary, eSAFE, Inc., is a developer and distributor of bank sponsored debit and payroll cards and related services. Its products and services include bank and credit card processing, payroll cards, prepaid debit cards, gift cards, college/teen cards, allowance cards, merchant services, and ATM processing services, as well as the sale or lease of related point of sale equipment. In addition, the company’s municipal government software application, OurTown2, is designed to manage the interface between a municipal government and its constituents, or e-citizens in the United States. UC Hub Group is based in Rancho Cucamonga, California. Contact: 10390 Commerce Center Drive, Suite 250 Rancho Cucamonga, CA 91730 Phone: 909-945-8563, Fax: 877-826-3866 |
| This stock is excessively volatile, and we are very happy with the light weight in the portfolio. We are seeing the trading band get a little bit tighter and tighter, which may be forecasting a nice bounce. We will have to wait and see, but for now, our second buy point is set very low, and our profit target is set very high. |
| Daily Tip |
Try not to incorporate commissions when figuring your portfolio. This will allow you to be more open minded about trading. Think of trading cost's as an expense that must be taken out of earnings. Put away $100 or so a month for this and do not incorporate it into your account. Not selling or buying something because you couldn't get an extra penny to cover your commission is unacceptable. Think of it as a monthly bill that you are going to have to pay no matter what. 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 other than the Google ads. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased 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 is not a registered broker or investment advisor and you should always seek the advice of a certified financial advisor to determine what kinds of investments are right for you. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily |
| Wednesday, August 3, 2005 |
| Good Morning, Well, it's almost official, after another round of very decent earnings reports and Blue Chips look to start their fourth year in a row of double digit earnings growth. The NASDAQ led the way to brand new four year highs, while the S&P did just as well but the DOW continues to under perform. Economic data has continued to support the stock markets theory of reasonable economic growth coupled with very low inflation. Even anther record high Oil price has not derailed the rally this time around, and investors and traders will no doubt have a close eye on data being releases today at 10:30 as the EIA's Oil inventory reports hit the wires. This is always an important release, and it will be even more market moving today as Oil continues to press itself towards the top of resistance. So far this morning the futures are lower, which could be attributable to profit taking following yesterdays advance, but yesterdays advance was not that exciting, and this mornings sell off seems to finally be correlating with the price of Oil, which continues higher, last check $62.43. The government will issue the 30 year t-bond after a recent exile, which may move bond market, and we see that the benchmark ten year note continues to look weaker than it was earlier in the year, and continues to show higher yields, right now its around 4.32%. The market is still anticipating the non farm payroll data to be released later in the week, but first we have ISM services index released at 10:30 today, as well as a glimpse at the job market tomorrow morning with initial jobless claims for last week being released. Profit taking, high Oil prices or a revolt in the bond market, any number of things could cause the stock market to sell off today, but during the past few months, we have yet to see any dramatic one day sell off, and although we have not seen a huge advance either, stocks are moving up right along with earnings, and valuations have barely budged. A huge 2-300 point move to the upside in the DOW is always nice, but it would sort of point to the end of this rally, so slow and steady moves to the upside are a good thing. Micro Cap View We continue to see dramatically higher activity on the OTC BB this week after a slight sign of a slowdown last week. Monday, the OTC BB did over 50 thousand transactions, and yesterday, we did around 47 thousand. We will watch this number for the rest of the week, but so far it looks to be a very active one. Two stocks did more than 1000 trades yesterday, but a better number to look at is the fact that 12 did more than 500 each. So has this heavy activity been a sell off or rally? So far, it appears to be neither, as price action has been mixed. Yesterday, six out of the top ten most heavily traded made gains, and the advance decline line barely showed signs of life. The Oil and gas sector came around in a big way yesterday to the upside, while tech and Medicare also followed the major exchanges and finished with gains. Bio Tech and Telecom lost ground, but over all, the OTC BB advanced ever so slightly. New Initiatives and Recent Developments As activity has been higher on the OTC BB, we see that the bulk of trading has occurred with higher priced equities, and so far, our portfolio has been left behind a little bit. After a spring of some nice gains in the portfolio, we are now essentially sitting at break even for a lot of our issues. This is not a bad thing, and we will remain patient, vigilant and steadfast with our current conditions and price targets. Our focus is mainly on MOBL, which is a position we want to beef up a little bit. Everything else is kind of in limbo, but do not forget that earnings season for these smaller stocks is quickly approaching, and we could see any number of reports any day now. We may be experiencing the calm before the storm so to speak. We also believe that activity will remain high at least into next week, and the pennies may eventually catch up. |
| The Portfolio |
| Mobilepro Corp (MOBL) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.317 Portfolio %: 6.6% Portfolio % Range: 6.6-8.5% Next Buy: $.295 (7% of Portfolio Value) Next Sell: $.448 (Half of Position)(Stop Loss @ $.165) Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $.301 Quick Profile Mobilepro Corp. engages in the development of wireless technologies. The company operates through its two wholly owned subsidiaries, NeoReach, Inc. and DFW Internet Services. NeoReach engages in the development of semiconductor chip for use in home networking and selected industrial monitoring applications based on the ZigBee standard. Through DFW Internet Services, the company provides broadband and dial up Internet access, Web-hosting services, and related Internet services to business and residential customers in approximately 40 states. Mobilepro has strategic alliance with Massively Parallel Technologies, Inc.; Global Wireless Solutions and Technology and GBH Telecom; NetWolves Corporation; and Global Defense Corporation. Mobilepro is headquartered in Bethesda, Maryland. Contact: 6701 Democracy Boulevard Suite 300 Bethesda, MD 20817 Phone: 301-315-9040 |
This stock continues to flirt very close to our second buy condition, and we will keep a close eye on it today and are ready to add another 7% of the overall portfolio as measured by yesterdays closing prices coupled with the cash portion of the portfolio, and will be ready when we see the stock dip below $.30. |
| NeoMedia Technologies Inc (NEOM) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.408 Portfolio %: 10.7% Portfolio % Range: 6.7-28.9% Next Buy: $.299 Next Sell: $.475 (1/2 of Position)(1/2 Stop Loss @ $.19) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.neom.com Closing Price: $.402 Quick Profile NeoMedia Technologies Inc. develops technologies that link physical information and objects to the Internet, which is marketed under the PaperClick brand name. The Company focuses on developing and commercializing such technologies. It has also developed a patent portfolio covering convergence of the physical world and the Internet. It operates two business units that include NeoMedia Internet Switching Software (NISS) and NeoMedia Consulting and Integration Services (NCIS). NeoMedia's wholly owned subsidiaries are NeoMedia Migration, Inc., Distribuidora Vallarta, S.A., NeoMedia Technologies of Canada, Inc., NeoMedia Tech, Inc., NeoMedia EDV GMBH, NeoMedia Technologies Holding Company B.V., NeoMedia Technologies de Mexico S.A. de C.V., NeoMedia Migration de Mexico S.A. de C.V., NeoMedia Technologies do Brazil Ltd. and NeoMedia Technologies UK Limited. On January 2004, it established NeoMedia Micro Paint Repair, Inc and on February 2004, it acquired CSI International, Inc., of Calgary. Contact: 2201 Second Street, Suite 402 Fort Myers, FL 33901 Phone: (239) 337-3434 Fax: (239) 337-3668 |
Thursday and Friday, after getting stopped out of half the weight in this position, The stock did very little to support our cause and did not go any lower. Do not forget that we did keep half of it, and are now weighted to a level that we feel is more appropriate. Should the stock accelerate to the downside in the coming days and weeks, we are prepared to add another 7% of the overall portfolio back to the position should the stock dip below $.30. This is all provided that no major developments occur to change our thinking, but we do see a lot of support for this issue to remain in the foreseeable future. |
| One Voice Technologies Inc (ONEV) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.041 Portfolio %: 11.8% Portfolio % Range: 5.1-11.2% Next Buy: $.019 (6% of Portfolio Value) Next Sell: $.079 (Half of Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.onevoicetech.com Closing Price: $.04 Quick Profile One Voice Technologies, Inc. engages in the development and marketing of computer software, using intelligent voice interactive technology, to Web site owners in the United States and other countries. The company offers voice solutions for the telecom, motion picture DVD entertainment, and personal computer markets. Its solutions enable mobile and residential phone users to voice dial, group conference call, and read and send email and instant messages all by voice. The company offers various services that include MobileVoice Activated Dialing, MobileConference, MobileVoice Email, MobileVoice SMS, MobileVoice Instant Messaging, MobileVoice Voice Mail, and Mobilevoice Email Reader. The company also offers MobileVoice Network News, a mobile news service. One Voice was incorporated in January 1999 as Conversational Systems, Inc. The company changed its name to One Voice Technologies, Inc. after merging with Dead On, Inc. in July 1999. One Voice is headquartered in San Diego, California. Contact: 6333 Greenwich Drive, Suite 240 San Diego, CA 92122 Phone: 858-552-4466 Fax: 858-552-4474 |
| Were were finally able to beef this position up earlier in the week after the stock dipped below our target buy point of around $.38 on very light volume. Wednesday's action is a classic example of a stock that is seemingly very lightly traded, but still remains on a huge list of radar screens. There were zero trades all morning long until a press release came out later in the day concerning a retail campaign for the company's continued partnership with CompUSA. At the end of the day, the stock did 115 trades, and was in the upper echelon of activity leaders under a dollar on the OTC BB. This may be another tuning point for the stock, and we will keep an eye on it. We are keeping our rather high profit target in tact for th time being, but may lower it as time goes on. |
| GRAND HAVANA ENTERPR (PUFF) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.39 Portfolio %: 5.5% Portfolio % Range: 5.4-6.3% Next Buy: $.276 (6% of Portfolio Value) Next Sell: $.72 (Half of Position) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.grandhavana.com Closing Price: $.36 Quick Profile Grand Havana Enterprises, Inc. engages in the ownership, operation, and development of private membership cigar clubs under the name ‘Grand Havana Rooms’ and retail cigar stores under the name ‘Grand Havana House of Cigars’ in the United States. Grand Havana Room includes a private smoking lounge, a full bar, and food service. Its facilities are available for use only by members and their guests. The Grand Havana House of Cigars retail store specializes in premium cigars, cigar accessories, and related merchandise. As of September 26, 2004, the company owned and operated two Grand Havana Rooms located in Beverly Hills, California and New York, New York; and one Grand Havana House of Cigars retail store located in Beverly Hills, California. The company was incorporated in 1993 under the name United Restaurants, Inc. and changed its name to Grand Havana Enterprises, Inc. Grand Havana Enterprises is based in Los Angeles, California. Contact: 1990 Westwood Boulevard 3rd Floor Los Angeles, CA 90025 Phone: 310-475-5600 Fax: 310-441-2100 |
We may be forced to step out of this position entirely if their quarterly results due before the middle of the month do not reflect a reasonable improvement, and it does not bring in at least a little bit more trading activity. For now, this has been dead money, but it is always nice to get in on these things early. If it is apparent that we were to early, we will step out for a while. |
| Smartire Systems Inc (SMTR) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.098 Portfolio %: 10.6% Portfolio % Range: 5.8-13% Next Buy: $.094 (6% of Portfolio Value) Next Sell: $.155 (Half of Position)(Stop Loss @ $.0499) Quick Glance PSD Rating: 8 (1= close to next buy, 10= close to next sell) |
| www.smartire.com Closing Price: $.124 Quick Profile SmarTire develops and markets proprietary advanced tire pressure monitoring and technology systems for the global automotive and transportation industries. The U.S. government, through the TREAD Act, has legislated that all new passenger vehicles must be equipped with tire monitoring systems beginning with a phased implementation in 2004. SmarTire is capitalizing on the rapidly emerging OEM and aftermarket opportunities. The company's vision is to become the preeminent provider of wireless sensing and control systems for vehicles worldwide. Incorporated in 1987, SmarTire has offices in North America and Europe. Contact: Randy Halischuk, Judy Leclercq, 1-800-982-2001 Email: investor_relations@smartire.com or Hawk Associates at (305) 852-2383, Email: info@hawkassociates.com Hawk Associates at (305) 451-1888 |
| Rather than have an aggressive strategy for adding more to this position, we still feel it is speculative, and have more of an aggressive profit target for half of the position. We believe the recent strength and support in the stock will facilitate our target being met, which is only for something just over 50% with respect to around 6% of the entire portfolio. We believe that a tighter and lighter strategy is the best way to play this stock at the present time. |
| SoftNet Technology (STTC) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.20 Portfolio %: 25.6% Portfolio % Range: 6.4-30% Next Buy: N/A Next Sell: $.325 (1/3 of the Position)(Stop Loss @.099) Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) |
| www.softnettechnology.com Closing Price: $.219 Quick Profile Softnet Technology Corporation recently acquired WholesaleByUs, LLC. In the short existence of one year, WBU has been able to reach the Platinum seller status on EBAY and is close to reaching the highest level -- Titanium. WBU designed a business model that allows the company to integrate with other Internet sellers programs as well as with Paypal's system developers program. All sales can be tracked immediately to allow for the quickest shipping time possible. Contact: SoftNet Technology James Farinella, 866-898-4842/908-204-9911 www.softnettechnology.com |
| Despite the weak volume and the lackluster price action for this position, we are seeing the stock maintain a higher and higher floor every single week that goes by. Provided we do not see a ton of shares issued from the company, and provided their 10Q verifies what they have been saying, we would expect this company to soar with the top five trades per day leaders for a while and run up to something close to a dollar. We may have to wait until the summer doldrums are over, which may be a month or so, but we are very confident with the heavy weight in the portfolio. We do not plan on adding any more until we can take some profits off the table, but as we have been saying for quite a while now, we feel that anything in the low $.20's is a great place to get started in this stock. The 10Q will verify that this company is experiencing triple digit growth quarter over quarter, strength in each one of their separate, but integrated businesses, and that profitability is not far off, and we believe investors will flock to the stock just as they did to BRVO. |
| UC HUB GROUP INC (UCHB) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.29 Portfolio %: 6.3% Portfolio % Range: 6.2-7.4% Next Buy: $.18 (6% of Portfolio value) Next Sell: $.535 (1/2 of the Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.uchub.net Closing Price: $.255 Quick Profile UC Hub Group, Inc. operates as a software development and distribution company principally in the United States. It primarily focuses on digital communications and digitally-based products and services. The company’s wholly owned subsidiary, AllCom USA, Inc., operates as a licensed and Web centric telecommunications services provider. It offers voice over Internet protocol, engineering, cabling, and Wi-Fi services. UC Hub Group’ s another wholly owned subsidiary, eSAFE, Inc., is a developer and distributor of bank sponsored debit and payroll cards and related services. Its products and services include bank and credit card processing, payroll cards, prepaid debit cards, gift cards, college/teen cards, allowance cards, merchant services, and ATM processing services, as well as the sale or lease of related point of sale equipment. In addition, the company’s municipal government software application, OurTown2, is designed to manage the interface between a municipal government and its constituents, or e-citizens in the United States. UC Hub Group is based in Rancho Cucamonga, California. Contact: 10390 Commerce Center Drive, Suite 250 Rancho Cucamonga, CA 91730 Phone: 909-945-8563, Fax: 877-826-3866 |
| This stock is excessively volatile, and we are very happy with the light weight in the portfolio. We are seeing the trading band get a little bit tighter and tighter, which may be forecasting a nice bounce. We will have to wait and see, but for now, our second buy point is set very low, and our profit target is set very high. |
| Daily Tip |
Todays tip is about how to buy close to the bid and sell close to the ask when there is a significant spread. Watch the trades that are going through and try and realize what is happening. Heres an example: WXYZ has a bid of $.02 and an ask of $.025. You see two trades simultaneously go through at $.023 and $.024 both for the same amount of shares. What happened was a day trader had been waiting with a limit order to buy at $.024 and another day trader decided to sell a similar number of shares at $.023 without knowing about the other traders order. The quickest market maker simply bought the $.023 shares and sold them for $.024 with an instant profit. Your best bet is to not wait for any length of time on a limit order. Instead, in this example to sell, watch the tape and wait for a bunch of big block trades to go through at $.025 and quickly send a sell order at say $.0239. Hopefully someone will fill your order in the heat of the moment, if not cancel your order within a few seconds and wait a while. This practice will help you save a penny or two and make for a better average. 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 other than the Google ads. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased 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 is not a registered broker or investment advisor and you should always seek the advice of a certified financial advisor to determine what kinds of investments are right for you. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily |
| Tuesday, August 2, 2005 |
| Good Morning, The NASDAQ outperformed the rest of the market yesterday by a blistering amount, and finished up 10 points while the Dow was down, Things look to come back together this morning as futures indicate a higher open for the cash market all across the board. Economic data is mostly to blame for this mornings euphoria, as we still see signs of growth with very little signs of inflation. Jobs data later in the week will be the deciding factor, perhaps, and Bonds already seem to be selling off in anticipation of a stronger than expected economy. The yield on the ten year note is now around 4.33%, a lot higher than it was just a few short weeks ago, as it touched some historically low lows, the Dollar remains very strong, and the lack of any selling pressure in equities continues to keep these Indices at or very close to brand new highs. Historically, August is a slow month for the Stock market, and the rest of this week may be a good indicator as to whether or not history repeats itself, or momentum from the last couple of months continues. New highs in Oil have yet to derail the markets, which will be something to keep an eye on today. Micro Cap View Yesterdays action on the OTC BB was fairly heavy, although most of the activity came form a lot of higher priced issues. Overall, we did around 50 thousand transactions, which is a number that has not been seen since the middle of last Winter. This points to the possibility that the Summer Slowdown is on hold, at least for now. Four stocks did more than 1000 trades each, and 11 did more than 500 each. Price action essentially matched the major indices, and was fairly mixed. The top five most heavily traded stocks made gains, but when we take a slice of the pie that is heavily weighted in stocks under a Dollar, we see the picture as a lot more mixed. Overall, the Advance Decline line was weak all day, and Biotech and Telecom were the only sectors to make gains. Even Oil and Gas failed to make gains as the Commodity headed higher. So far this morning, micro caps look to remain frisky. New Initiatives and Recent Developments Moves in the portfolio were relatively light last week, but we did end up making two changes that we had been looking for some time. First of all, we managed to beef up our position in ONEV as the stock dipped below our conditional second buy target. This brought our average price down a bit and our weight in the position to something of more substance. The second move had to do with our overexposure in NEOM, and our inability to lighten up the load at a favorable exit price. For this reason coupled with th recent light volume and weak price action, we decided to include a stop loss for half of the position at $.375. This target was met and although the stocks moves since than have not accelerated to the downside, and appear to be stabilizing, at least we have added some much needed funds to the cash portion of our over all high risk portfolio. Our portfolio now stands at 76.9% invested in MicroCaps, with th rest in cash. We are slowly, but steadily and successfully working towards our goal of getting through the Summer doldrums this time around with minimal losses while still having substantial upside potential. We now have enough cash on hand to add to any of our current issues that meet a new buy point, like MOBL, as well as pursue some possible new additions in a more serious way. We continue to watch MSSI, as we feel that stock may still have a lot of life left in it, even after we have had it in and out of the portfolio for profits twice already. Other stocks that fit this description are USTT, GPSN, SDGL, PTSN, BRVO, RSGC, CICI and MSEP. Potential brand new additions we are trying to hone in on include VYST, CCHI, FCCN, WWAT, BBAN, RUBM, SRCO, TCOW and BUKS. |
| The Portfolio |
| Mobilepro Corp (MOBL) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.317 Portfolio %: 6.7% Portfolio % Range: 6.6-8.5% Next Buy: $.295 (7% of Portfolio Value) Next Sell: $.448 (Half of Position)(Stop Loss @ $.165) Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $.306 Quick Profile Mobilepro Corp. engages in the development of wireless technologies. The company operates through its two wholly owned subsidiaries, NeoReach, Inc. and DFW Internet Services. NeoReach engages in the development of semiconductor chip for use in home networking and selected industrial monitoring applications based on the ZigBee standard. Through DFW Internet Services, the company provides broadband and dial up Internet access, Web-hosting services, and related Internet services to business and residential customers in approximately 40 states. Mobilepro has strategic alliance with Massively Parallel Technologies, Inc.; Global Wireless Solutions and Technology and GBH Telecom; NetWolves Corporation; and Global Defense Corporation. Mobilepro is headquartered in Bethesda, Maryland. Contact: 6701 Democracy Boulevard Suite 300 Bethesda, MD 20817 Phone: 301-315-9040 |
| This stock has had no brand new developments in the past week, yet it continues to show solid support at $.30. Because we are so confident that the solid, fundamentally sound history of this company will predict it's future, we believe their is a certain comfort level in this position. The recent strength has left us unable to beef the position up, which is exactly what we want to do. Our second buy point has been slowly creeping up day after day, and we will leave it right where it is for the time being, just below $.30 at $.295 where we believe support may briefly dip to. Other than that, the stock practically remains at break even for us, so we will sit tight for a while. Once again, we believe another profitable quarter may take the stock up another notch. This mornings letter to shareholders is well worth reading and may move the stock a little. |
| NeoMedia Technologies Inc (NEOM) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.408 Portfolio %: 11% Portfolio % Range: 6.7-28.9% Next Buy: $.299 Next Sell: $.475 (1/2 of Position)(1/2 Stop Loss @ $.19) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.neom.com Closing Price: $.417 Quick Profile NeoMedia Technologies Inc. develops technologies that link physical information and objects to the Internet, which is marketed under the PaperClick brand name. The Company focuses on developing and commercializing such technologies. It has also developed a patent portfolio covering convergence of the physical world and the Internet. It operates two business units that include NeoMedia Internet Switching Software (NISS) and NeoMedia Consulting and Integration Services (NCIS). NeoMedia's wholly owned subsidiaries are NeoMedia Migration, Inc., Distribuidora Vallarta, S.A., NeoMedia Technologies of Canada, Inc., NeoMedia Tech, Inc., NeoMedia EDV GMBH, NeoMedia Technologies Holding Company B.V., NeoMedia Technologies de Mexico S.A. de C.V., NeoMedia Migration de Mexico S.A. de C.V., NeoMedia Technologies do Brazil Ltd. and NeoMedia Technologies UK Limited. On January 2004, it established NeoMedia Micro Paint Repair, Inc and on February 2004, it acquired CSI International, Inc., of Calgary. Contact: 2201 Second Street, Suite 402 Fort Myers, FL 33901 Phone: (239) 337-3434 Fax: (239) 337-3668 |
Thursday and Friday, after getting stopped out of half the weight in this position, The stock did very little to support our cause and did not go any lower. Do not forget that we did keep half of it, and are now weighted to a level that we feel is more appropriate. Should the stock accelerate to the downside in the coming days and weeks, we are prepared to add another 7% of the overall portfolio back to the position should the stock dip below $.30. This is all provided that no major developments occur to change our thinking, but we do see a lot of support for this issue to remain in the foreseeable future. |
| One Voice Technologies Inc (ONEV) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.041 Portfolio %: 11.4% Portfolio % Range: 5.1-11.2% Next Buy: $.019 (6% of Portfolio Value) Next Sell: $.079 (Half of Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.onevoicetech.com Closing Price: $.038 Quick Profile One Voice Technologies, Inc. engages in the development and marketing of computer software, using intelligent voice interactive technology, to Web site owners in the United States and other countries. The company offers voice solutions for the telecom, motion picture DVD entertainment, and personal computer markets. Its solutions enable mobile and residential phone users to voice dial, group conference call, and read and send email and instant messages all by voice. The company offers various services that include MobileVoice Activated Dialing, MobileConference, MobileVoice Email, MobileVoice SMS, MobileVoice Instant Messaging, MobileVoice Voice Mail, and Mobilevoice Email Reader. The company also offers MobileVoice Network News, a mobile news service. One Voice was incorporated in January 1999 as Conversational Systems, Inc. The company changed its name to One Voice Technologies, Inc. after merging with Dead On, Inc. in July 1999. One Voice is headquartered in San Diego, California. Contact: 6333 Greenwich Drive, Suite 240 San Diego, CA 92122 Phone: 858-552-4466 Fax: 858-552-4474 |
| Were were finally able to beef this position up earlier in the week after the stock dipped below our target buy point of around $.38 on very light volume. Wednesday's action is a classic example of a stock that is seemingly very lightly traded, but still remains on a huge list of radar screens. There were zero trades all morning long until a press release came out later in the day concerning a retail campaign for the company's continued partnership with CompUSA. At the end of the day, the stock did 115 trades, and was in the upper echelon of activity leaders under a dollar on the OTC BB. This may be another tuning point for the stock, and we will keep an eye on it. We are keeping our rather high profit target in tact for th time being, but may lower it as time goes on. |
| GRAND HAVANA ENTERPR (PUFF) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.39 Portfolio %: 5.7% Portfolio % Range: 5.4-6.3% Next Buy: $.276 (6% of Portfolio Value) Next Sell: $.72 (Half of Position) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.grandhavana.com Closing Price: $.37 Quick Profile Grand Havana Enterprises, Inc. engages in the ownership, operation, and development of private membership cigar clubs under the name ‘Grand Havana Rooms’ and retail cigar stores under the name ‘Grand Havana House of Cigars’ in the United States. Grand Havana Room includes a private smoking lounge, a full bar, and food service. Its facilities are available for use only by members and their guests. The Grand Havana House of Cigars retail store specializes in premium cigars, cigar accessories, and related merchandise. As of September 26, 2004, the company owned and operated two Grand Havana Rooms located in Beverly Hills, California and New York, New York; and one Grand Havana House of Cigars retail store located in Beverly Hills, California. The company was incorporated in 1993 under the name United Restaurants, Inc. and changed its name to Grand Havana Enterprises, Inc. Grand Havana Enterprises is based in Los Angeles, California. Contact: 1990 Westwood Boulevard 3rd Floor Los Angeles, CA 90025 Phone: 310-475-5600 Fax: 310-441-2100 |
We may be forced to step out of this position entirely if their quarterly results due before the middle of the month do not reflect a reasonable improvement, and it does not bring in at least a little bit more trading activity. For now, this has been dead money, but it is always nice to get in on these things early. If it is apparent that we were to early, we will step out for a while. |
| Smartire Systems Inc (SMTR) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.098 Portfolio %: 10.8% Portfolio % Range: 5.8-13% Next Buy: $.094 (6% of Portfolio Value) Next Sell: $.155 (Half of Position)(Stop Loss @ $.0499) Quick Glance PSD Rating: 8 (1= close to next buy, 10= close to next sell) |
| www.smartire.com Closing Price: $.129 Quick Profile SmarTire develops and markets proprietary advanced tire pressure monitoring and technology systems for the global automotive and transportation industries. The U.S. government, through the TREAD Act, has legislated that all new passenger vehicles must be equipped with tire monitoring systems beginning with a phased implementation in 2004. SmarTire is capitalizing on the rapidly emerging OEM and aftermarket opportunities. The company's vision is to become the preeminent provider of wireless sensing and control systems for vehicles worldwide. Incorporated in 1987, SmarTire has offices in North America and Europe. Contact: Randy Halischuk, Judy Leclercq, 1-800-982-2001 Email: investor_relations@smartire.com or Hawk Associates at (305) 852-2383, Email: info@hawkassociates.com Hawk Associates at (305) 451-1888 |
| Rather than have an aggressive strategy for adding more to this position, we still feel it is speculative, and have more of an aggressive profit target for half of the position. We believe the recent strength and support in the stock will facilitate our target being met, which is only for something just over 50% with respect to around 6% of the entire portfolio. We believe that a tighter and lighter strategy is the best way to play this stock at the present time. |
| SoftNet Technology (STTC) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.20 Portfolio %: 26% Portfolio % Range: 6.4-30% Next Buy: N/A Next Sell: $.325 (1/3 of the Position)(Stop Loss @.099) Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) |
| www.softnettechnology.com Closing Price: $.224 Quick Profile Softnet Technology Corporation recently acquired WholesaleByUs, LLC. In the short existence of one year, WBU has been able to reach the Platinum seller status on EBAY and is close to reaching the highest level -- Titanium. WBU designed a business model that allows the company to integrate with other Internet sellers programs as well as with Paypal's system developers program. All sales can be tracked immediately to allow for the quickest shipping time possible. Contact: SoftNet Technology James Farinella, 866-898-4842/908-204-9911 www.softnettechnology.com |
| Despite the weak volume and the lackluster price action for this position, we are seeing the stock maintain a higher and higher floor every single week that goes by. Provided we do not see a ton of shares issued from the company, and provided their 10Q verifies what they have been saying, we would expect this company to soar with the top five trades per day leaders for a while and run up to something close to a dollar. We may have to wait until the summer doldrums are over, which may be a month or so, but we are very confident with the heavy weight in the portfolio. We do not plan on adding any more until we can take some profits off the table, but as we have been saying for quite a while now, we feel that anything in the low $.20's is a great place to get started in this stock. The 10Q will verify that this company is experiencing triple digit growth quarter over quarter, strength in each one of their separate, but integrated businesses, and that profitability is not far off, and we believe investors will flock to the stock just as they did to BRVO. |
| UC HUB GROUP INC (UCHB) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.29 Portfolio %: 6.5% Portfolio % Range: 6.2-7.4% Next Buy: $.18 (6% of Portfolio value) Next Sell: $.535 (1/2 of the Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.uchub.net Closing Price: $.265 Quick Profile UC Hub Group, Inc. operates as a software development and distribution company principally in the United States. It primarily focuses on digital communications and digitally-based products and services. The company’s wholly owned subsidiary, AllCom USA, Inc., operates as a licensed and Web centric telecommunications services provider. It offers voice over Internet protocol, engineering, cabling, and Wi-Fi services. UC Hub Group’ s another wholly owned subsidiary, eSAFE, Inc., is a developer and distributor of bank sponsored debit and payroll cards and related services. Its products and services include bank and credit card processing, payroll cards, prepaid debit cards, gift cards, college/teen cards, allowance cards, merchant services, and ATM processing services, as well as the sale or lease of related point of sale equipment. In addition, the company’s municipal government software application, OurTown2, is designed to manage the interface between a municipal government and its constituents, or e-citizens in the United States. UC Hub Group is based in Rancho Cucamonga, California. Contact: 10390 Commerce Center Drive, Suite 250 Rancho Cucamonga, CA 91730 Phone: 909-945-8563, Fax: 877-826-3866 |
| This stock is excessively volatile, and we are very happy with the light weight in the portfolio. We are seeing the trading band get a little bit tighter and tighter, which may be forecasting a nice bounce. We will have to wait and see, but for now, our second buy point is set very low, and our profit target is set very high. |
| Daily Tip |
| *All New When taking profits in a stock on an early morning run be sure to sell while it is moving up. Instead of waiting on the ask, try to meet them half way as large prints go through on the ask. This will ensure your profit and also get you a little more than if you waited for the reversal. Remember when using mental stop losses, showing no emotion is the key to success. 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 other than the Google ads. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased 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 is not a registered broker or investment advisor and you should always seek the advice of a certified financial advisor to determine what kinds of investments are right for you. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily |
| Monday, August 1, 2005 |
| Good Morning, The stock market has been steadily rising ever since April on reasonably strong economic and aggregate S&P earnings growth. Earlier in the Year, however, and through the bulk of last year when economic and earnings growth were much higher than what they are today, stocks were content to flip flop around the unchanged mark. Could it be because rapid expansion brought fears of higher interest rates and inflation, and slower growth takes the air out of any possible bubbles, or is it because the current slowdown is seen as a brief soft patch. We tend to subscribe to the later theory, mainly because stocks tend to trade on expectations for one to two quarters out. Part of the recent dilemma stems from expectations being set so low between executives and fund managers ever since the 2000 hemorrhaging, and the fact that companies are now expected to beat those expectations by a certain margin. No one could quite figure out where the bar was supposed to be set and companies such as Google, Ebay, and Yahoo were beaten down after they actually beat expectations, but not by as much as they were expected to. Overall, however, we did not do that bad, as 70% of the 70% of companies reporting have beaten estimates in the S&P 500. The difference between fake expectations and real expectations so to speak is dwindling, as evidenced by the 7.5% growth expected this time around and 10% now appearing the reality, which is a tightening spread as compared to the first quarter of this year. Investors may have made note of corporate America's ability to struggle on and continue to grow at double digit strength during a historically slow time of the year, not to mention many political and economic headwinds. The high cost of Oil and Gas has been one of these seemingly devastating threats that continue to be overlooked by Wall Street as all of the major Indices managed a fourth strait week of gains. Sure, many of the biggest companies in the world are in the Oil and Gas Industry, and their profits are tied right to the price of Oil. Oil only managed to stay below $60 a barrel for the first half of the week, and closed the regular session on Friday at $60.57. There are far more other gigantic companies out there, however, whose profits are directly hurt by the high cost of crude, yet they continue to post profits time and time again. We will have to see how the last 30% do, which are heavily weighted in retail, and may do better than originally thought after 3.4% GDP growth is seen in the 4's next time around basically because of the differences in the way companies record inventories. The yield on the ten year note approached 4.3% on strong economic data, and this is what ate way at Wall Street towards the end of the week as fears of even higher interest rates than originally thought was partly to blame for wide spread consolidation efforts. Non Farm Payroll data later this week will likely be what everything is based on this week, all the way from the anticipation leading up to the release followed by the volatility experienced in the wake of the often unexpected numbers. We would continue to keep and eye on the U.S Dollar as well, after recent strength has been on hold following China's decision to slightly alter the way it's currency trades. So far this morning stock futures are headed to the upside with a bit of spunk, especially over on the NASDAQ. Micro Cap View Last week was the first non holiday week where evidence of the Summer slowdown could easily be seen. Transactions for the top 100 issues on the OTC BB dipped below the 40 thousand mark on Monday and Tuesday. The Good news is that activity returned a little bit later in the week, as we saw the first 41 thousand trade Friday in some time. We also saw three stocks on Friday, which was more than during any other day in the week, do more than 1000 trades. Overall, 8 stocks did more than 500 trades, which was right on par for the week. Tech, Bio Tech and Medical stocks followed suit with the NASDAQ, and outperformed on Friday as well as the entire week. Fridays price action could be described as perky, since there were plenty of high percentage gainers, the top ten most heavily traded, however, finished mixed. For stocks under a dollar action was decidedly positive, with only one stock out of the top ten most heavily traded stocks under a buck on the OTC BB as measured by transactions per day losing ground. ADDI and MOBL were the only two stocks under a dollar to show trades after 4:00 P.M.EST on Friday, and out of 1216 of total penny stocks under one dollar on the OTC BB doing at least one trade, 37 are within 15% of their 52 week high, and 142 are within 15% of their fifty two week low. The largest dollar volume figures on the Downside of this equation are CCHI, ABCP, ROTB, LGCP , APGOW and ESNR. The largest dollar volume figures on the Upside of this equation are WWAT, GCCP, CGZT, SHQCW, VMII and PVCT. CRGO is the only early morning mover at this time. New Initiatives and Recent Developments Moves in the portfolio were relatively light last week, but we did end up making two changes that we had been looking for some time. First of all, we managed to beef up our position in ONEV as the stock dipped below our conditional second buy target. This brought our average price down a bit and our weight in the position to something of more substance. The second move had to do with our overexposure in NEOM, and our inability to lighten up the load at a favorable exit price. For this reason coupled with th recent light volume and weak price action, we decided to include a stop loss for half of the position at $.375. This target was met and although the stocks moves since than have not accelerated to the downside, and appear to be stabilizing, at least we have added some much needed funds to the cash portion of our over all high risk portfolio. Our portfolio now stands at 76.9% invested in MicroCaps, with th rest in cash. We are slowly, but steadily and successfully working towards our goal of getting through the Summer doldrums this time around with minimal losses while still having substantial upside potential. We now have enough cash on hand to add to any of our current issues that meet a new buy point, like MOBL, as well as pursue some possible new additions in a more serious way. We continue to watch MSSI, as we feel that stock may still have a lot of life left in it, even after we have had it in and out of the portfolio for profits twice already. Other stocks that fit this description are USTT, GPSN, SDGL, PTSN, BRVO, RSGC, CICI and MSEP. Potential brand new additions we are trying to hone in on include VYST, CCHI, FCCN, WWAT, BBAN, RUBM, SRCO, TCOW and BUKS. |
| The Portfolio |
| Mobilepro Corp (MOBL) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.317 Portfolio %: 6.8% Portfolio % Range: 6.6-8.5% Next Buy: $.295 (7% of Portfolio Value) Next Sell: $.448 (Half of Position)(Stop Loss @ $.165) Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $.309 Quick Profile Mobilepro Corp. engages in the development of wireless technologies. The company operates through its two wholly owned subsidiaries, NeoReach, Inc. and DFW Internet Services. NeoReach engages in the development of semiconductor chip for use in home networking and selected industrial monitoring applications based on the ZigBee standard. Through DFW Internet Services, the company provides broadband and dial up Internet access, Web-hosting services, and related Internet services to business and residential customers in approximately 40 states. Mobilepro has strategic alliance with Massively Parallel Technologies, Inc.; Global Wireless Solutions and Technology and GBH Telecom; NetWolves Corporation; and Global Defense Corporation. Mobilepro is headquartered in Bethesda, Maryland. Contact: 6701 Democracy Boulevard Suite 300 Bethesda, MD 20817 Phone: 301-315-9040 |
| This stock has had no brand new developments in the past week, yet it continues to show solid support at $.30. Because we are so confident that the solid, fundamentally sound history of this company will predict it's future, we believe their is a certain comfort level in this position. The recent strength has left us unable to beef the position up, which is exactly what we want to do. Our second buy point has been slowly creeping up day after day, and we will leave it right where it is for the time being, just below $.30 at $.295 where we believe support may briefly dip to. Other than that, the stock practically remains at break even for us, so we will sit tight for a while. Once again, we believe another profitable quarter may take the stock up another notch. This mornings letter to shareholders is well worth reading and may move the stock a little. |
| NeoMedia Technologies Inc (NEOM) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.408 Portfolio %: 10% Portfolio % Range: 6.7-28.9% Next Buy: $.299 Next Sell: $.475 (1/2 of Position)(1/2 Stop Loss @ $.19) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.neom.com Closing Price: $.393 Quick Profile NeoMedia Technologies Inc. develops technologies that link physical information and objects to the Internet, which is marketed under the PaperClick brand name. The Company focuses on developing and commercializing such technologies. It has also developed a patent portfolio covering convergence of the physical world and the Internet. It operates two business units that include NeoMedia Internet Switching Software (NISS) and NeoMedia Consulting and Integration Services (NCIS). NeoMedia's wholly owned subsidiaries are NeoMedia Migration, Inc., Distribuidora Vallarta, S.A., NeoMedia Technologies of Canada, Inc., NeoMedia Tech, Inc., NeoMedia EDV GMBH, NeoMedia Technologies Holding Company B.V., NeoMedia Technologies de Mexico S.A. de C.V., NeoMedia Migration de Mexico S.A. de C.V., NeoMedia Technologies do Brazil Ltd. and NeoMedia Technologies UK Limited. On January 2004, it established NeoMedia Micro Paint Repair, Inc and on February 2004, it acquired CSI International, Inc., of Calgary. Contact: 2201 Second Street, Suite 402 Fort Myers, FL 33901 Phone: (239) 337-3434 Fax: (239) 337-3668 |
Thursday and Friday, after getting stopped out of half the weight in this position, The stock did very little to support our cause and did not go any lower. Do not forget that we did keep half of it, and are now weighted to a level that we feel is more appropriate. Should the stock accelerate to the downside in the coming days and weeks, we are prepared to add another 7% of the overall portfolio back to the position should the stock dip below $.30. This is all provided that no major developments occur to change our thinking, but we do see a lot of support for this issue to remain in the foreseeable future. |
| One Voice Technologies Inc (ONEV) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.041 Portfolio %: 11.4% Portfolio % Range: 5.1-11.2% Next Buy: $.019 (6% of Portfolio Value) Next Sell: $.079 (Half of Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.onevoicetech.com Closing Price: $.0381 Quick Profile One Voice Technologies, Inc. engages in the development and marketing of computer software, using intelligent voice interactive technology, to Web site owners in the United States and other countries. The company offers voice solutions for the telecom, motion picture DVD entertainment, and personal computer markets. Its solutions enable mobile and residential phone users to voice dial, group conference call, and read and send email and instant messages all by voice. The company offers various services that include MobileVoice Activated Dialing, MobileConference, MobileVoice Email, MobileVoice SMS, MobileVoice Instant Messaging, MobileVoice Voice Mail, and Mobilevoice Email Reader. The company also offers MobileVoice Network News, a mobile news service. One Voice was incorporated in January 1999 as Conversational Systems, Inc. The company changed its name to One Voice Technologies, Inc. after merging with Dead On, Inc. in July 1999. One Voice is headquartered in San Diego, California. Contact: 6333 Greenwich Drive, Suite 240 San Diego, CA 92122 Phone: 858-552-4466 Fax: 858-552-4474 |
| Were were finally able to beef this position up earlier in the week after the stock dipped below our target buy point of around $.38 on very light volume. Wednesday's action is a classic example of a stock that is seemingly very lightly traded, but still remains on a huge list of radar screens. There were zero trades all morning long until a press release came out later in the day concerning a retail campaign for the company's continued partnership with CompUSA. At the end of the day, the stock did 115 trades, and was in the upper echelon of activity leaders under a dollar on the OTC BB. This may be another tuning point for the stock, and we will keep an eye on it. We are keeping our rather high profit target in tact for th time being, but may lower it as time goes on. |
| GRAND HAVANA ENTERPR (PUFF) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.39 Portfolio %: 5.5% Portfolio % Range: 5.4-6.3% Next Buy: $.276 (6% of Portfolio Value) Next Sell: $.72 (Half of Position) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.grandhavana.com Closing Price: $.36 Quick Profile Grand Havana Enterprises, Inc. engages in the ownership, operation, and development of private membership cigar clubs under the name ‘Grand Havana Rooms’ and retail cigar stores under the name ‘Grand Havana House of Cigars’ in the United States. Grand Havana Room includes a private smoking lounge, a full bar, and food service. Its facilities are available for use only by members and their guests. The Grand Havana House of Cigars retail store specializes in premium cigars, cigar accessories, and related merchandise. As of September 26, 2004, the company owned and operated two Grand Havana Rooms located in Beverly Hills, California and New York, New York; and one Grand Havana House of Cigars retail store located in Beverly Hills, California. The company was incorporated in 1993 under the name United Restaurants, Inc. and changed its name to Grand Havana Enterprises, Inc. Grand Havana Enterprises is based in Los Angeles, California. Contact: 1990 Westwood Boulevard 3rd Floor Los Angeles, CA 90025 Phone: 310-475-5600 Fax: 310-441-2100 |
We may be forced to step out of this position entirely if their quarterly results due before the middle of the month do not reflect a reasonable improvement, and it does not bring in at least a little bit more trading activity. For now, this has been dead money, but it is always nice to get in on these things early. If it is apparent that we were to early, we will step out for a while. |
| Smartire Systems Inc (SMTR) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.098 Portfolio %: 10.7% Portfolio % Range: 5.8-13% Next Buy: $.094 (6% of Portfolio Value) Next Sell: $.155 (Half of Position)(Stop Loss @ $.0499) Quick Glance PSD Rating: 8 (1= close to next buy, 10= close to next sell) |
| www.smartire.com Closing Price: $.128 Quick Profile SmarTire develops and markets proprietary advanced tire pressure monitoring and technology systems for the global automotive and transportation industries. The U.S. government, through the TREAD Act, has legislated that all new passenger vehicles must be equipped with tire monitoring systems beginning with a phased implementation in 2004. SmarTire is capitalizing on the rapidly emerging OEM and aftermarket opportunities. The company's vision is to become the preeminent provider of wireless sensing and control systems for vehicles worldwide. Incorporated in 1987, SmarTire has offices in North America and Europe. Contact: Randy Halischuk, Judy Leclercq, 1-800-982-2001 Email: investor_relations@smartire.com or Hawk Associates at (305) 852-2383, Email: info@hawkassociates.com Hawk Associates at (305) 451-1888 |
| Rather than have an aggressive strategy for adding more to this position, we still feel it is speculative, and have more of an aggressive profit target for half of the position. We believe the recent strength and support in the stock will facilitate our target being met, which is only for something just over 50% with respect to around 6% of the entire portfolio. We believe that a tighter and lighter strategy is the best way to play this stock at the present time. |
| SoftNet Technology (STTC) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.20 Portfolio %: 25.9% Portfolio % Range: 6.4-30% Next Buy: N/A Next Sell: $.325 (1/3 of the Position)(Stop Loss @.099) Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) |
| www.softnettechnology.com Closing Price: $.235 Quick Profile Softnet Technology Corporation recently acquired WholesaleByUs, LLC. In the short existence of one year, WBU has been able to reach the Platinum seller status on EBAY and is close to reaching the highest level -- Titanium. WBU designed a business model that allows the company to integrate with other Internet sellers programs as well as with Paypal's system developers program. All sales can be tracked immediately to allow for the quickest shipping time possible. Contact: SoftNet Technology James Farinella, 866-898-4842/908-204-9911 www.softnettechnology.com |
| Despite the weak volume and the lackluster price action for this position, we are seeing the stock maintain a higher and higher floor every single week that goes by. Provided we do not see a ton of shares issued from the company, and provided their 10Q verifies what they have been saying, we would expect this company to soar with the top five trades per day leaders for a while and run up to something close to a dollar. We may have to wait until the summer doldrums are over, which may be a month or so, but we are very confident with the heavy weight in the portfolio. We do not plan on adding any more until we can take some profits off the table, but as we have been saying for quite a while now, we feel that anything in the low $.20's is a great place to get started in this stock. The 10Q will verify that this company is experiencing triple digit growth quarter over quarter, strength in each one of their separate, but integrated businesses, and that profitability is not far off, and we believe investors will flock to the stock just as they did to BRVO. |
| UC HUB GROUP INC (UCHB) Links Quick Snapshot Volume and Price Studies Charts SEC Filings and Insider Transactions Time and Sales Delayed Level II (Enter Symbol) Press Releases and Coverage News Search Financials Portfolio Overview Our Average Price: $.29 Portfolio %: 6.6% Portfolio % Range: 6.2-7.4% Next Buy: $.18 (6% of Portfolio value) Next Sell: $.535 (1/2 of the Position) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| www.uchub.net Closing Price: $.27 Quick Profile UC Hub Group, Inc. operates as a software development and distribution company principally in the United States. It primarily focuses on digital communications and digitally-based products and services. The company’s wholly owned subsidiary, AllCom USA, Inc., operates as a licensed and Web centric telecommunications services provider. It offers voice over Internet protocol, engineering, cabling, and Wi-Fi services. UC Hub Group’ s another wholly owned subsidiary, eSAFE, Inc., is a developer and distributor of bank sponsored debit and payroll cards and related services. Its products and services include bank and credit card processing, payroll cards, prepaid debit cards, gift cards, college/teen cards, allowance cards, merchant services, and ATM processing services, as well as the sale or lease of related point of sale equipment. In addition, the company’s municipal government software application, OurTown2, is designed to manage the interface between a municipal government and its constituents, or e-citizens in the United States. UC Hub Group is based in Rancho Cucamonga, California. Contact: 10390 Commerce Center Drive, Suite 250 Rancho Cucamonga, CA 91730 Phone: 909-945-8563, Fax: 877-826-3866 |
| This stock is excessively volatile, and we are very happy with the light weight in the portfolio. We are seeing the trading band get a little bit tighter and tighter, which may be forecasting a nice bounce. We will have to wait and see, but for now, our second buy point is set very low, and our profit target is set very high. |
| Daily Tip |
| *All New One age old way of determining value is to look at a companies P/E as how many years it will take for it to earn back the money you spent per share. In other words if a stock trades at ten times earnings, it will take ten years of similar profits to make up for the price you paid per share. We also figure in earnings and P/E growth, and realize that unless we average up or down, our P/E basis will never change. When looking at penny stocks, however, it is apparent that most of these companies do not have earnings yet, and it is nearly impossible to gauge when the company will earn back what you paid per share. Although the concept of a negative P/E does not exist, we can formulate one for the purposes of determining a short term time horizon. The idea is that at these prices, once a company turns earnings positive, we immediately make our money back the first year, provided there are not too many shares outstanding. This is why we buy with such high valuations and have such short time horizons. By looking at shareholders equity with respect to the companies over all picture, we can come up with a good rule of thumb for determining value. This is very speculative, but if a company appears to be turning positive within the next year and earnings appear to be at or below current price per share, give yourself one month to see if this trend continues. If earnings could be twice the price, make it two months and so on. Also if the company looks to turn positive within two years and price is half of what earnings could be, make it four months. This is just a rudimentary gauge and should not be set in stone, but it is a way of finding a little bit of clarity in this chaotic environment. 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 other than the Google ads. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased 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 is not a registered broker or investment advisor and you should always seek the advice of a certified financial advisor to determine what kinds of investments are right for you. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |