| Back Issues Pages are sorted with the latest issue at the top. Aug 2-6, 2004 |
| Penny Stocks Daily Friday, August 6, 2004 Good Morning, This mornings jobs report, perhaps the number one short term indicator of the strength of the U.S. economy, was absolutely, unexpectedly horrible. What makes this release even more disturbing is the fact that May and June numbers were revised downward. All this comes at a time when the markets are at the low end of this years range. Although the NASDAQ has already breached these lows, we will watch to seed if the S&P, DOW and more importantly, the small cap indices will breach them today. Futures took a dive when these numbers came out which will almost certainly double yesterdays losses. We do however expect to see a bottom made today as investors realize that the actual unemployment rate has not changed lately, valuations are becoming increasingly attractive as earnings reports remain solid, and we begin to here talk that the FED will not raise rates again for a while. We may even see a short covering rally next week if not this afternoon. Volume on the OTC BB was again high yesterday, and we are beginning to see moving averages of dollar volume and number of transactions per day increase. Prices remain at the low end of this years range, but with todays numbers, we may see a test. We expect to see this market rally immediately following the bottom which will almost certainly be found on the major markets. This is because investors are pulling cash out of stocks, and with bonds already rallying and yield looking less than impressive, they will begin to look for alternative investments. The OTC BB will likely lead the major markets upon the next rally. New Initiatives and Recent Developments We are holding on for the chance to buy more shares of the stocks we are currently in, especially those that are lightly weighted. We may get the chance today, but if we do not have enough cash to add to all of them, we will focus on the stocks that represent the smallest percentage of our portfolio. The Portfolio Ambient Corp. ABTG Quick Snapshot Quick Links Closing Price: $.23 www.ambientcorp.com 52 week high: $.55 SEC fillings and insider transactions 52 week low: $.12 Chart Yesterdays Dollar Volume: $75,000 Time and Sales Yesterdays No. of Trades: 51 Financials Avg. Dollar Volume: $121,000 Level II Avg. No. of Trades: 56 News Portfolio Overview Average Price: $.245 Portfolio %: 6.4% Portfolio % Range: 6.4-7.1% Next Buy: $.221 Next Sell: $.35 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) ABTG may test it's broad ranging support level at $.22 today and we will be waiting to buy more. This stock trades with very tight spreads for an OTC BB stock, but rarely moves by less than half a cent. For this reason, if conditions dictate, we would not be opposed to buying at $.225. Ambient Corp has an interesting advisory board with a former senator and former NY state attorney general. This will make legislation and government policy a lot clearer. Additionally, their are two executives on the board from two big corporations that have an interest in ABTG's project. Earthlink is currently engaged in a pilot program in New York state with Ambient, and expects more phases of this project to commence some time this year. Consolidated Edison is also involved with these projects, possibly foreshadowing more interest from electric companies and Internet Service Providers. It has been a good bit of time since we have seen any news so we expect something soon. ____________________________________________________________ Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.0036 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0030 Chart Yesterdays Dollar Volume: $42,000 Time and Sales Yesterdays No. of Trades: 42 Financials Avg. Dollar Volume: $54,000 Level II Avg. No. of Trades: 49 News Portfolio Overview Average Price: $.0054 Portfolio %: 25.3% Portfolio % Range: 5.8-30.2% Next Buy: N/A Next Sell: $.0079 (stop loss at $.0027) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) We may be seeing the results of ATNG employee compensation relation to the issuance of stock options. The SEC form does not show tons of dilution, however, and we always expect these options when we see new executives join the team. We have moved our stop loss down to reflect a 50% worst case scenario loss for this stock, which would be less than a 15% total loss for us. We would like to wait for ATNG's quarterly report which should be due out this month, and feel that confirmation of this companies recent results would be more than positive for the share price. In other words we really do not want to sell this position at a possible low, we will remain patient. ____________________________________________________________ BSI2000 BSIO Quick Snapshot Quick Links Closing Price: $.085 www.bsi2000.com 52 week high: $.510 SEC fillings and insider transactions 52 week low: $.0380 Charts Yesterdays Dollar Volume: $72,000 Time and Sales Yesterdays No. of Trades: 70 Financials Avg. Dollar Volume: $67,000 Level II Avg. No. of Trades: 54 News Portfolio Overview Average Price: $.085 Portfolio %: 7.7% Portfolio % Range: 6.3-9.8% Next Buy: $.059 Next Sell: $.15 Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) BSIO is currently trade right in the middle of a wide range of moving averages. We also see strong support at around $.075. We will continue to hold. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.255 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $336,000 Time and Sales Yesterdays No. of Trades: 134 Financials Avg. Dollar Volume: $1,267,000 Level II Avg. No. of Trades: 407 News Portfolio Overview Average Price: $.199 Portfolio %: 9.4% Portfolio % Range: 6.9-10.1% Next Buy: $.191 Next Sell: $.289 Quick Glance PSD Rating: 7 (1= close to next buy, 10= close to next sell) We remain amazed at the support for this stock around a quarter. We will however need to see another acquisition, contract or other results soon to continue this momentum. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.103 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $100,000 Time and Sales Yesterdays No. of Trades: 91 Financials Avg. Dollar Volume: $262,000 Level II Avg. No. of Trades: 142 News Portfolio Overview Average Price: $.127 Portfolio %: 12% Portfolio % Range: 6-15.7% Next Buy: $.086 Next Sell: $.186 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) We expect to see more relationships with ONEV from bigger and bigger companies, a should see the stock price continue to rise. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $067 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $185,000 Time and Sales Yesterdays No. of Trades: 152 Financials Avg. Dollar Volume: $822,000 Level II Avg. No. of Trades: 351 News Portfolio Overview Average Price: $.074 Portfolio %: 12.4% Portfolio % Range: 5.9-13.5% Next Buy: $.054 Next Sell: $.162 Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) TFCT may see some action today leading up to their investor conference call. If we get any sort of positive forecast, we should see a rally into the close. We will be listening to the call which starts at 3:00 pm EST. You can listen to the call by dialing 877-407-3140 five minutes before the start, and 201-689-8320 if you are outside the U.S. Additionally, you can find a rebroadcast at www.prizeWise.com/news.asp ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.085 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $14,000 Time and Sales Yesterdays No. of Trades: 17 Financials Avg. Dollar Volume: $86,000 Level II Avg. No. of Trades: 58 News Portfolio Overview Average Price: $.131 Portfolio %: 8.7% Portfolio % Range: 4.5-17.6% Next Buy: $.069 Next Sell: $.168 Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) TRPL may have found a bottom in the $.07's. We will continue to watch this slow trading, yet highly volatile stock and will likely adjust our next buy point upward. ____________________________________________________________ Daily Tip When trying to judge the exact buy point when a stock approaches a condition that has been set, it is important to pay close attention. Many traders may have the same condition and it could be difficult to get the price you want. When you have a buy point that is right at support levels, you may need to wait for the level II support to break down before entering your order. Sitting with a limit order in right at support will only get you a bad price once that support breaks down. The best thing to do is to formulate a good average of the past short term price moves once resistance or support is violated, while keeping in mind the typical spreads involved. This will allow you to get an even lower price than you were originally looking for. Enjoy Your Trading Day, Penny Stocks Daily Penny Stocks Daily does not receive any compensation whatsoever from the companies we follow. We do not trade the stocks in our sample portfolio and any references to buying or selling securities is mythical. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily Thursday, August 5, 2004 Good Morning, Oil should again play a role in stock prices today. We have been flirting with a rally for the past week or so and we expect one shortly. Volume remains tepid, but we expect to see more traders coming back from vacation, especially as we approach November. We could see a very volatile Fall as many uncertainties begin to play themselves out. New Initiatives and Recent Developments We bought some ABTG yesterday after initiating a buy in the morning. The current price and volatility will give traders the continued opportunity to get in at or below our current averages well as several of our other positions. The Portfolio Ambient Corp. ABTG Quick Snapshot Quick Links Closing Price: $.0044 www.ambientcorp.com 52 week high: $.55 SEC fillings and insider transactions 52 week low: $.12 Chart Yesterdays Dollar Volume: $138,000 Time and Sales Yesterdays No. of Trades: 67 Financials Avg. Dollar Volume: $122,000 Level II Avg. No. of Trades: 57 News Portfolio Overview Average Price: $.245 Portfolio %: 6.9% Portfolio % Range: 6.9-7.1% Next Buy: $.221 Next Sell: $.35 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) We initiated a buy for ABTG yesterday after being impressed with their balance sheet and the potential of their product. Using existing power lines for high speed data transfer has far reaching implications. The most extreme application would be to get high speed Internet access thats ten times faster than DSL, local and long distance phone service, digital cable, and self metered and monitored electricity, all from the same line with one bill. All this could happen with very low construction costs and could conceivably offer discounts to subscribers current bills. The ball is essentially in the electric companies court, as ABTG already has most of the kinks worked out. We feel they are well positioned to profit immensely from their ground breaking research and after a good bit of time has already passed since the world found out about this, we have seen the stock price fall considerably, offering a great opportunity. ____________________________________________________________ Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.0041 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0030 Chart Yesterdays Dollar Volume: $138,000 Time and Sales Yesterdays No. of Trades: 17 Financials Avg. Dollar Volume: $57,000 Level II Avg. No. of Trades: 50 News Portfolio Overview Average Price: $.0054 Portfolio %: 27.6% Portfolio % Range: 5.8-30.2% Next Buy: N/A Next Sell: $.0089 (stop loss at $.003) Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) We will continue to remain patient as we await some kind of news from this company. We are seeing nice support in this range. ____________________________________________________________ BSI2000 BSIO Quick Snapshot Quick Links Closing Price: $.088 www.bsi2000.com 52 week high: $.510 SEC fillings and insider transactions 52 week low: $.0380 Charts Yesterdays Dollar Volume: $42,000 Time and Sales Yesterdays No. of Trades: 74 Financials Avg. Dollar Volume: $65,000 Level II Avg. No. of Trades: 54 News Portfolio Overview Average Price: $.085 Portfolio %: 8% Portfolio % Range: 6.3-9.8% Next Buy: $.059 Next Sell: $.15 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) We expect more interest in this companies products from government agencies given the amount of attention being given to homeland security. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.256 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $643,000 Time and Sales Yesterdays No. of Trades: 280 Financials Avg. Dollar Volume: $1,264,000 Level II Avg. No. of Trades: 407 News Portfolio Overview Average Price: $.199 Portfolio %: 9.5% Portfolio % Range: 6.9-10.1% Next Buy: $.191 Next Sell: $.289 Quick Glance PSD Rating: 8 (1= close to next buy, 10= close to next sell) This stock remains solid, and we expect news of yet another acquisition soon. We will likely trade this stock quickly and buy on the pull backs. We may be with MOBL for a while. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.099 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $65,000 Time and Sales Yesterdays No. of Trades: 64 Financials Avg. Dollar Volume: $268,000 Level II Avg. No. of Trades: 146 News Portfolio Overview Average Price: $.127 Portfolio %: 11.6% Portfolio % Range: 6-15.7% Next Buy: $.086 Next Sell: $.186 Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) Hopefully we saw the first of many others to follow Panhandle Telephone in implementing ONEV's voice recognition products. We will continue to hold. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $063 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $224,000 Time and Sales Yesterdays No. of Trades: 166 Financials Avg. Dollar Volume: $853,000 Level II Avg. No. of Trades: 364 News Portfolio Overview Average Price: $.074 Portfolio %: 12% Portfolio % Range: 5.9-13.5% Next Buy: $.054 Next Sell: $.162 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) This stock has clearly found support in this range, and after a few more days here, we may increase our next buy point. ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.075 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $60,000 Time and Sales Yesterdays No. of Trades: 44 Financials Avg. Dollar Volume: $85,000 Level II Avg. No. of Trades: 58 News Portfolio Overview Average Price: $.131 Portfolio %: 8.5% Portfolio % Range: 4.5-17.6% Next Buy: $.069 Next Sell: $.168 Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) We see this high volatility time as an opportunity to purchase more shares at an exceptional value. We will continue to wait for our next buy point on the ask. ____________________________________________________________ Daily Tip If you ever find yourself needing to exit a position that has become very lightly traded, it is important to give the Market Makers plenty of time to execute your order. There is nothing worse than entering a sell order at the bid five minutes before the close, only to watch a mere 5000 shares get executed immediately, followed by the MM lowering his/her bid. A good rule of thumb is to expect no more than a thousand dollars worth of stock to be executed per Market Maker, per fifteen minutes. In other words, with three MM's left at the bid and 45 minutes remaining in the trading day, you can expect your $3000 order to be executed. This is by no means a guarantee, but even the most lightly traded issues with at least a few MM's should be executable, after all, thats what their there for. Enjoy Your Trading Day, Penny Stocks Daily Penny Stocks Daily does not receive any compensation whatsoever from the companies we follow. We do not trade the stocks in our sample portfolio and any references to buying or selling securities is mythical. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily Wednesday, August 4, 2004 Good Morning, Oil is again at all time highs and OPEC appears to be stumped. When adjusting for inflation it is important to understand that we have seen much higher oil prices in the past, but we are certainly getting there fast. Being the most heavily traded commodity in the world, we think that the current rally is strictly technical, and we will likely see some short action and profit taking soon. The markets look to continue downward today after yesterdays bad economic data. We see some evidence that the economy may be past it's soft spot, and expect a rally off of the markets lows shortly. It will likely come on a day when the futures are down considerably, resulting in a dramatic mid day turn around. We saw increased volume on the OTC BB yesterday, as well as a couple of new additions. Decliners beat advancers by the usual amount and we saw an unusually large number of unchanged issues that have share prices below $.50. This may be pointing to some support in these low priced issues, and we will look for above 2 billion shares traded in one day soon to forecast a bounce off of this years lows, which may lead the overall markets. New Initiatives and Recent Developments We have a new buy this morning in which we will use 7% of our total penny stock money. Ambient Corp (ABTG) is a 34 million dollar company that trades on the OTC BB. They have 6 million dollars in cash and an unbelievable balance sheet, with assets recently overshadowing liabilities by 6 to 1 and total debt of only 34 thousand dollars. This company has about 150 million share outstanding, but with over 60% insider owned, we see a public float of less that 50 million. There is also some institutional interest and over 30 Market Makers providing liquidity. ABTG has found a way to deliver high speed Internet services over existing power lines, which has far reaching potential. This is good news for a reasonable percentage of Americans that currently have no cable lines near their home, but the enormous potential comes from the rest of the world. The company currently has a 49% stake in Kliks.com Ltd., an Israeli company. Volume has bee muted lately, but remains relatively liquid when looking at recent averages. We are particularly interested in buying today because we are right at some strong support levels. We will buy at anything below a quarter and with modest volatility, we expect to have a conservative profit target. We have not seen news for a while and expect volatility to return with the news. We will discuss this issue more tomorrow, but for now, our first target is around $.35 and our next buy after the first one at $.25 is at $.221. The Portfolio Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.0044 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0030 Chart Yesterdays Dollar Volume: $6,000 Time and Sales Yesterdays No. of Trades: 17 Financials Avg. Dollar Volume: $57,000 Level II Avg. No. of Trades: 50 News Portfolio Overview Average Price: $.0054 Portfolio %: 29.9% Portfolio % Range: 5.8-30.2% Next Buy: N/A Next Sell: $.0089 (stop loss at $.003) Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) We were happy to see ATNG see some buying yesterday, although volume was anemic. We tend to see this activity as more and more time passes from their most recent press release. We will continue to hold with the same conditions until we get the next bit of information. ____________________________________________________________ BSI2000 BSIO Quick Snapshot Quick Links Closing Price: $.09 www.bsi2000.com 52 week high: $.510 SEC fillings and insider transactions 52 week low: $.0380 Charts Yesterdays Dollar Volume: $42,000 Time and Sales Yesterdays No. of Trades: 74 Financials Avg. Dollar Volume: $65,000 Level II Avg. No. of Trades: 54 News Portfolio Overview Average Price: $.085 Portfolio %: 8.1% Portfolio % Range: 6.3-9.8% Next Buy: $.059 Next Sell: $.15 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) With the recent award of broad ranging patents, we have seen a significant improvement in support levels for this stock. The rational behavior of this issue may forecast a steady increase over the next few weeks. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.258 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $643,000 Time and Sales Yesterdays No. of Trades: 280 Financials Avg. Dollar Volume: $1,264,000 Level II Avg. No. of Trades: 407 News Portfolio Overview Average Price: $.199 Portfolio %: 9.5% Portfolio % Range: 6.9-10.1% Next Buy: $.191 Next Sell: $.289 Quick Glance PSD Rating: 8 (1= close to next buy, 10= close to next sell) We again see another day of positive action for this stock, as well as increased average volume and trading activity. We will continue to hold for our profit target where we will take half of the position off the table, and immediately place a stop loss at that price for the rest of it. We would still like to buy more, but will wait for a reasonable pullback. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.098 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $65,000 Time and Sales Yesterdays No. of Trades: 64 Financials Avg. Dollar Volume: $268,000 Level II Avg. No. of Trades: 146 News Portfolio Overview Average Price: $.127 Portfolio %: 11.4% Portfolio % Range: 6-15.7% Next Buy: $.086 Next Sell: $.186 Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) ONEV continues great support at a dime and with the drop off in volume not causing extremely negative results, we expect support to remain. Once we see some kind of results from their voice recognition products, we expect to see investors flood back in. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $068 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $224,000 Time and Sales Yesterdays No. of Trades: 166 Financials Avg. Dollar Volume: $853,000 Level II Avg. No. of Trades: 364 News Portfolio Overview Average Price: $.074 Portfolio %: 13% Portfolio % Range: 5.9-13.5% Next Buy: $.054 Next Sell: $.162 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) High liquidity and high volatility are keeping us around, and we expect some good news from this companies conference call coming up soon. We will likely adjust our profit target down as we see where this stock looks to settle into, we will continue to attempt to buy more at our next buy condition. ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.081 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $60,000 Time and Sales Yesterdays No. of Trades: 44 Financials Avg. Dollar Volume: $85,000 Level II Avg. No. of Trades: 58 News Portfolio Overview Average Price: $.131 Portfolio %: 9.6% Portfolio % Range: 4.5-17.6% Next Buy: $.069 Next Sell: $.168 Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) The recent trading activity will hopefully allow us to purchase more at our next buy point. We will sit tight for news. ____________________________________________________________ Daily Tip Penny stocks will often rally on little or no news. These kinds of rallies cannot be supported and will always end up as low, or lower than they started. The only kind of rallies that can last for a few days or longer result from spectacular news. Examples of this kind of news would be investment by a major bank, or the granting of a patent. These tiny rallies from no news can add up over time however and it is important to know the difference. Enjoy Your Trading Day, Penny Stocks Daily Penny Stocks Daily does not receive any compensation whatsoever from the companies we follow. We do not trade the stocks in our sample portfolio and any references to buying or selling securities is mythical. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily Tuesday, August 3, 2004 Good Morning, Yesterdays market action was surprising considering the attention given to the terror warnings. The market rallied slightly with no reason and proved to shrug off bad news and continue last weeks positive action. An article in this mornings Journal says the information that sparked these warnings was old news. This suggests that the timing may have been politically motivated, and as we here more talk of this widely held theory, we expect to see increased partisanship leading up to the elections. This will be what the market waits for, not terrorist attacks that are already well priced in to this market. The only uncertainty will come from the election, and how investors see each candidates affect on stock prices. Futures point to a slightly lower open and have been improving all morning. Overseas markets were very hot, but we will not get to excited about a continuation rally, the stock market will likely continue to flirt with the lower end of this years range. Oil continues to be a pest, and being above $44 dollars a barrel, it is almost an imaginary number, and may as well be a million dollars a barrel. We will wait to see how far they come down towards the end of the summer, as gas prices lag oil, and will probably be the highest right around labor day, a shocking coincidence, isn't it. New Initiatives and Recent Developments We sold our entire position in BICO yesterday as we felt things have cooled off for the time being and we may come back if conditions dictate. We saw no rally and sold mid day around $.072, and the stock continued down the entire session. This brings much needed cash to the portfolio which is now readily available to add to any of our current positions that are close to our next buy point. We will also be buying one or two new stocks this week as we wait for several issues to become tradeable. We also added to ATNG for the final time and do not expect this stock to go below our stop loss at $.003. TFCT and TRPL are very close to our next buy levels and may give anyone the opportunity to get in at a good price. The Portfolio Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.004 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0030 Chart Yesterdays Dollar Volume: $31,000 Time and Sales Yesterdays No. of Trades: 25 Financials Avg. Dollar Volume: $57,000 Level II Avg. No. of Trades: 50 News Portfolio Overview Average Price: $.0054 Portfolio %: 27.5% Portfolio % Range: 5.8-29.5% Next Buy: N/A Next Sell: $.0089 (stop loss at $.003) Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) We added to this position over the past two trading days at our final buy point of $.0041. We see no signs of dilution and consider this a test or shake out, however you want to see it. A press release will come out shortly that will most likely send this position to some considerable percentage gains, and with our average price as low as it is, we expect to get out with a profit. Our stop loss is at $.003 for now but will probably continue to adjust. ____________________________________________________________ BSI2000 BSIO Quick Snapshot Quick Links Closing Price: $.092 www.bsi2000.com 52 week high: $.510 SEC fillings and insider transactions 52 week low: $.0380 Charts Yesterdays Dollar Volume: $362,000 Time and Sales Yesterdays No. of Trades: 310 Financials Avg. Dollar Volume: $68,000 Level II Avg. No. of Trades: 55 News Portfolio Overview Average Price: $.085 Portfolio %: 8.2% Portfolio % Range: 6.3-9.8% Next Buy: $.059 Next Sell: $.15 Quick Glance PSD Rating: 6 (1= close to next buy, 10= close to next sell) BSIO has received a patent for their highly advanced optical card security systems which protect large amounts of assets and other applications for homeland security. This news was particularly positive considering how broad the patent is, covering 26 claims, and how long this company has been waiting, since 1999. Yesterdays lackluster action towards the end of the session will probably not continue today and we expect a steady rise in price over the next couple of weeks. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.25 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $977,000 Time and Sales Yesterdays No. of Trades: 305 Financials Avg. Dollar Volume: $1,249,000 Level II Avg. No. of Trades: 402 News Portfolio Overview Average Price: $.199 Portfolio %: 9.3% Portfolio % Range: 6.9-10.1% Next Buy: $.191 Next Sell: $.289 Quick Glance PSD Rating: 7 (1= close to next buy, 10= close to next sell) MOBL has another acquisition under it's belt and we will wait to see the SEC form to find out how much they paid. This company has now acquired nine companies in just over half a year, and has planet of new financing from Wall Street that is absolutely non-dilutive. The additions appear to be immediately accreditive to earnings, and as they add up, we should see some solid numbers throughout the rest of the year. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.105 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $96,000 Time and Sales Yesterdays No. of Trades: 44 Financials Avg. Dollar Volume: $275,000 Level II Avg. No. of Trades: 149 News Portfolio Overview Average Price: $.127 Portfolio %: 12.1% Portfolio % Range: 6-15.7% Next Buy: $.086 Next Sell: $.197 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) ONEV continues to show positive action and remarkable support around a dime with no news. If and when anything does come out soon, we may be able to continue this upswing, and if we can get above $.115 or so, we expect a breakout. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $061 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $256,000 Time and Sales Yesterdays No. of Trades: 185 Financials Avg. Dollar Volume: $867,000 Level II Avg. No. of Trades: 368 News Portfolio Overview Average Price: $.074 Portfolio %: 11.9% Portfolio % Range: 5.9-13.5% Next Buy: $.054 Next Sell: $.162 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) We are impressed with the liquidity of this position given the business model and price. We will continue to watch for news and will stick around as long as the liquidity remains, and are ready to buy more at our next buy point. ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.086 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $23,000 Time and Sales Yesterdays No. of Trades: 22 Financials Avg. Dollar Volume: $84,000 Level II Avg. No. of Trades: 57 News Portfolio Overview Average Price: $.131 Portfolio %: 10% Portfolio % Range: 4.5-17.6% Next Buy: $.069 Next Sell: $.168 Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) Volatility remains the number one factor for continued interest in this stock. We have moved our next buy point down slightly to $.069 as we await news concerning another medical devices acquisition that was promised. ____________________________________________________________ Daily Tip Market Makers see risk the same way we do and that is why they typically only provide 5000 shares at a time. The lower the price the less money they have to put on the line. When a stock reaches 50 cents or more you will see them lower to 2500 or 500 share at a time. Only expect to get 5000 shares at first when sending an order because this is all they are required to provide. They will usually take a lot more but this gives them more time to sort through the orders. When you see a trade go through for 5000 shares you know that a day trader just moved and can expect more to come as they will sit tight on their order to prevent higher trading costs. When you see more than one 5000 share blocks going through at a time you can bet that there are more individual traders playing the game. Look for a bunch of 5000 trades followed by larger ones all on the same side of the board to forecast a rally or sell off. Traders then adjust the rest of their order up or down to finish it after seeing the stock move up on them right before their eyes. A good rule of thumb when getting out of a position at a preset stop loss price is to figure 5000 shares per Market Maker. So if you want to dump 15,000 shares, fire your order when there are only three MM's left at your price. Super low priced securities may hold an exception as with anything below $.005. Figure on no more than $250 to $500 dollars per MM 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 trade the stocks in our sample portfolio and any references to buying or selling securities is mythical. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |
| Penny Stocks Daily Monday, August 2, 2004 Good Morning, The price of light sweat New York crude oil futures saw their highest levels since they began trading in 1983, but pulled back slightly. When searching for something that has been reciprocating overall stock market moves besides the Volatility Index, Oil is the clear winner. All year long stocks have been moving inversely to oil in almost clockwork fashion. The terror warnings may spark a slight sell off this morning in stocks as futures indicate, but won't likely affect the current trend. Almost every index points to a bounce off of lows and a subsequent rally. The NASDAQ is clearly in the worst shape with three consecutive lower lows, and lower highs since the beginning of this year. This tech heavy index will certainly rally, but whether or not we can get past the previous high, and then make a higher low will point to continued range trading for the year, with a rally to new highs after Thanksgiving and into next year. When we look at other Indices, stocks are still quite range bound, despite the NASDAQ's recent breakdown. As we increase quality, such as looking at the NASDAQ 100, this past low was in line with the trend. Looking at the DOW and S&P 500, we see that these specific high quality stocks have not breeched even the last low. Small caps have performed even better, with the broadest indicators, the Russell 2000 and the AMEX Composite holding up quite well. An increase in quality for this specific market cap segment, the S&P 600 Small Cap Index specifically, shows the most optimistic outlook. The high of exactly one month ago was, along with the DOW Transports, a rarity, and its subsequent low was well above the lows of May. We will not be concerned unless we see evidence of all market segments breaking down to new lows, as we have only seen high volatility issues fluctuate below support as of now. Just as the major indices finished the week in positive territory, so did the OTC BB. Advancers beat decliners by a substantial margin, almost 7 to 5 which we have not seen in a while. Volume however does not point to any kind of sustained rally, and Fridays typically hold the mot positive action for these stocks. We continue to notice a slight set back in quality for these securities, with the number of them quoted on the OTC BB rising to 3270, up from the low of 3250. When comparing this number with volumes recent decline, we see a possible perception change in liquidity levels. Dollar volume, however points to sustained activity, and even a possible increase in prices. We have not begun to see a decline in quality, simply a leveling off of momentum, which is absolutely normal for summer trading. New Initiatives and Recent Developments With a high level of stocks currently as opposed to cash, we will begin to rotate a few in favor of new issues. This is an attempt to thwart any stagnant activity and increase to overall liquidity of our stocks. We will likely add several new issues this week and expect a somewhat dramatic shift from our current stance. Most importantly, we would like to see more cash available for the stocks with the highest potential so that we can add to them on anymore pullbacks. Out of the seven stocks, we feel that ATNG, MOBL and ONEV would warrant the addition of capital for anyone who is new or lightly invested. Our current allocations are appropriate, we may just have a few to many irons in the fire. The Portfolio Atng Inc. ATNG Quick Snapshot Quick Links Closing Price: $.004 www.atnginfo.com 52 week high: $.031 SEC fillings and insider transactions 52 week low: $.0030 Chart Yesterdays Dollar Volume: $104,000 Time and Sales Yesterdays No. of Trades: 58 Financials Avg. Dollar Volume: $58,000 Level II Avg. No. of Trades: 50 News Portfolio Overview Average Price: $.0063 Portfolio %: 21.6% Portfolio % Range: 5.8-29.5% Next Buy: $.0041 Next Sell: $.0089 (stop loss at $.003) Quick Glance PSD Rating: 1 (1= close to next buy, 10= close to next sell) We remain very optimistic about ATNG, but will be selling the entire position on the next significant rally. Keep in mind that we usually see a one day rally, followed by a steady decline in price. We will look for heavy volume and in increase of 50% or more to look for a sell that day despite our profit target. We are all waiting for some kind of confirmation of their recent press release concerning profits of over a million dollars. Given this stocks market cap, the number of shares currently outstanding, and with no signs of dilution, we see a possible current P/E of less than , which is absolutely unprecedented. ____________________________________________________________ Bio One Corp BICO Quick Snapshot Quick Links Closing Price: $.078 www.bioonecorp.com 52 week high: $.585 SEC fillings and insider transactions 52 week low: $.0600 Level II Yesterdays Dollar Volume: $94,000 Time and Sales Yesterdays No. of Trades: 53 Financials Avg. Dollar Volume: $258,000 Charts Avg. No. of Trades: 104 News Portfolio Overview Average Price: $.09 Portfolio %: 16.7% Portfolio % Range: 5.5-18.5% Next Buy: $.053 Next Sell: $.145 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) We are getting rid of this position today which will be for a slight loss, but will bring much needed cash back to the portfolio. We will give it most of the day to see if we see any kind of rally, but want it gone before 4:00. This position simply shows the least amount of potential with respect to the leveling off of momentum, fundamentally and technically. We may come back to this issue at a lower price if things change. ____________________________________________________________ BSI2000 BSIO Quick Snapshot Quick Links Closing Price: $.084 www.bsi2000.com 52 week high: $.510 SEC fillings and insider transactions 52 week low: $.0380 Charts Yesterdays Dollar Volume: $27,000 Time and Sales Yesterdays No. of Trades: 33 Financials Avg. Dollar Volume: $62,000 Level II Avg. No. of Trades: 57 News Portfolio Overview Average Price: $.085 Portfolio %: 7.5% Portfolio % Range: 6.3-8.8% Next Buy: $.059 Next Sell: $.15 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) This stock is relatively new to the portfolio so we will let it run for a bit, but would like to see some more interest in their security cards, which represent a whole new level of security in cyberspace. ____________________________________________________________ MobilePro Corp. MOBL Quick Snapshot Quick Links Closing Price: $.244 www.mobileprocorp.com 52 week high: $.295 SEC fillings and insider transactions 52 week low: $.0038 Charts Yesterdays Dollar Volume: $570,000 Time and Sales Yesterdays No. of Trades: 249 Financials Avg. Dollar Volume: $1,219,000 Level II Avg. No. of Trades: 392 News Portfolio Overview Average Price: $.199 Portfolio %: 9.1% Portfolio % Range: 6.9-10.1% Next Buy: $.191 Next Sell: $.289 Quick Glance PSD Rating: 7 (1= close to next buy, 10= close to next sell) MOBL is currently our favorite position and we feel that a graduation to the listed world may be immanent, although not in the very near future. We will continue to attempt to add to this position at our relatively high buy targets. Otherwise we will continue the tight buy and sell range which matches the current trading activity and volatility. This stock is in a clear uptrend. ____________________________________________________________ One Voice Technologies Inc. ONEV Quick Snapshot Quick Links Closing Price: $.098 www.onev.com 52 week high: $.220 SEC fillings and insider transactions 52 week low: $.0100 Charts Yesterdays Dollar Volume: $68,000 Time and Sales Yesterdays No. of Trades: 71 Financials Avg. Dollar Volume: $287,000 Level II Avg. No. of Trades: 154 News Portfolio Overview Average Price: $.127 Portfolio %: 11% Portfolio % Range: 6-15.7% Next Buy: $.086 Next Sell: $.197 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) We like the fundamental potential of this company and feel it is very cheap at these levels. Possible interest from big companies for their voice recognition products should keep this stock at or near a dime, although we will need to see an update soon. ____________________________________________________________ 21st Century Technologies TFCT Quick Snapshot Quick Links Closing Price: $073 1-702-248-1588 52 week high: $.196 SEC fillings and insider transactions 52 week low: $.0032 Charts Yesterdays Dollar Volume: $292,000 Time and Sales Yesterdays No. of Trades: 231 Financials Avg. Dollar Volume: $80,000 Level II Avg. No. of Trades: 371 News Portfolio Overview Average Price: $.074 Portfolio %: 13.5% Portfolio % Range: 5.9-13.5% Next Buy: $.054 Next Sell: $.162 Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) Another newcomer to the portfolio, TFCT has shown remarkable liquidity, and the recent pullback have given us the chance to rapidly beef up the position. We saw great support at the recent lows, and expect a rally soon on possible outstanding results from their web marketing program that includes substantial coupon agreements, which we will continue to monitor. ____________________________________________________________ Transportation Logistics International Inc. TRPL Quick Snapshot Quick Links Closing Price: $.095 1-845-424-4100 52 week high: $.440 SEC fillings and insider transactions 52 week low: $.0055 Charts Yesterdays Dollar Volume: $130,000 Time and Sales Yesterdays No. of Trades: 89 Financials Avg. Dollar Volume: $86,000 Level II Avg. No. of Trades: 57 News Portfolio Overview Average Price: $.131 Portfolio %: 11.2% Portfolio % Range: 4.5-17.6% Next Buy: $.071 Next Sell: $.178 Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) Given the extreme volatility of this issue, we are not concerned about the recent spikes and subsequent drops back to this area. We continue to wait for good news from their newly acquired AIDS test, and another medical device purchase. The wide spread and sharp percentage moves will likely give us the chance to buy more at our next target of $.071. ____________________________________________________________ Daily Tip As you may know, we only trade long positions at this time. Te reason is that we have found a much better return can be achieved by staying on one side of the market. It needs to be the right side, however, and the current bull market fits the bill. By only trading long, we are able to keep trading cost's down, limit the amount of risk at any given moment, and increase our winning percentage. Enjoy Your Trading Day, Penny Stocks Daily Penny Stocks Daily does not receive any compensation whatsoever from the companies we follow. We do not trade the stocks in our sample portfolio and any references to buying or selling securities is mythical. We do not accept payment for the links we provide on this Newsletter. We believe in the United States of America and stand by our First Amendment Privilege to provide an unbiased Investment Newsletter to a mass audience. We do not, and will not provide individually tailored investment advice. We are not responsible for any errors, material or otherwise within our Newsletter. We do not engage in pump and dump schemes and will not tolerate such activity. You are responsible for your own investment decisions and we strongly encourage you to do your own research. "Penny Stocks Daily" and "Quick Glance PSD Rating" are Trademarks of Penny Stocks Daily. |