| Back Issues Pages are sorted with the latest issue at the top. Jan 9-13, 2006 |
| Penny Stocks Daily |
| Friday, January 13, 2006 |
| Good Morning, After a morning of consolidation for the major exchanges, things fell apart around 2:00PM EST which was due primarily to the Iran factor. Tyco, one of the worlds largest conglomerates has agreed to split into a few smaller companies, and Wall Street will not like this very much, as it is the exact opposite of Merger and Acquisition activity that we all know Wall Street likes very much. Nevertheless, futures continue to point to a slightly higher open today after yesterdays fairly dramatic pullback, and so far, todays important economic data has been mixed. PPI, our nations measure of inflation from a producer standpoint, rose more than expected by a dramatic amount, which has been blamed on Gas prices. The core rate, however, which excludes gas and these types of things, fell by a larger margin than expected, and only rose by 0.1%, compared to the 0.2% expected. This means that inflation remains well contained despite hints of an end to rate hikes. Today will be a very important trading day for stocks, if they really want to rally at this point, they will need to finish above 11,000 for the week. This will make the weekly charts look good, which is what institutional investors, I.E. where all the money is, like to see, especially before yet another long holiday weekend. Micro Cap View 49 thousand transactions on the OTC BB yesterday marked the third day of this year in which we saw 49 thousand or above. This activity was not made up from only a couple of issues, but was rather a more broad example of liquidity. Three stocks managed more than 1000 trades each, which were UALAQ, XSNX, GZFX. Beyond that, we saw 14 stocks doing more than 500 trades, the most we have seen so far this winter. Price action was again similar to that of the major markets, and more specifically, the NASDAQ. From a sector rotation standpoint, we saw the exact opposite of what occurred during the previous session. Only two out of five major economic sectors posted losses, Technology and Biotech. Within the top ten list, six total posted gains, many of which were fairly substantial. Overall, we are happy with the activity being spread across a wide domain, and we will continue to look towards the NASDAQ for leadership New Initiatives and Recent Developments We are now flush with cash in the portfolio, are very confident concerning all of our current allocations, and will are pursuing several new buying possibilities. We added a small amount of cash in our portfolio to a position that is earmarked for very short time horizons, and right now FLIP is quickly approaching staleness. Yesterdays late action in this stock, however, may continue today, so we will stick around for now with our same parameters, with one exception, our profit target is a bit lower. We will let this stock go for the rest of the week within our parameter, but will likely be shifting this cash to another play if nothing occurs very soon. The rest of our positions are currently mixed with respect to time horizons, however they are all worth holding onto at this time. A tight range continues to encompass most of our positions, however, reasonable liquidity remains. We will begin to shift a few conditions around throughout the rest of this week, and overall, we will be looking at adding at least one new position this week. We would expect several of our issues to continue creeping up. |
| The Portfolio |
| ETERNAL TECHS GRP (ETLT) 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: $.41 Portfolio %: 6.8% Portfolio % Range: 6.7-7.1% Next Buy: $.33 Next Sell: $.68 (Half of Position)(Stop Loss @ $.195) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| www.eternaltechs.com Closing Price: $0.40 Quick Profile Eternal is a major agricultural genetics and biopharmaceutical R&D firm operating in China with the support of the Chinese Government. Eternal's animal breeding division has a strong asset base, cash position and net income. Eternal has become one of China's leading institutions for biopharmaceutical and biotech research, pure breed cultivation and breed stock production. The Company has secured a key market niche by commercializing gene engineering technologies and providing superior breeding stock, allowing China's citizens the ability to improve their living standards. With the world's largest population, a double-digit national growth rate and entry into the WTO, Eternal Technologies has a playing field set for tremendous opportunity. As a prominent player in the agricultural genetics industry, cash in the bank and an untapped market, Eternal has the potential to become a major player in China's national growth. Contact: Heron Public Relations Group Inc. William Cai, 281-683-2395 info@heronpublic.com |
This stock continues to hold up quite well in the high $.30's to low $.40's which we believe that without any major developments or share issuance, is an extreme value point. We have raised our second buy target a bit as lackluster price action remains. We may continue to do so. |
| FTS Group Inc (FLIP) 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: $.0425 Portfolio %: 5.7% Portfolio % Range: 5.9-6.2% Next Buy: N/A Next Sell: $.059 (Entire Position)(Stop Loss @ $.029) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.FTSWireless.com Closing Price: $0.038 Quick Profile FTS Group, Inc. engages in the acquisition and development of a chain of retail wireless stores. It also markets, sells, and activates cellular and satellite handsets, cellular accessories, and other related wireless products, such as wireless fidelity service and related access equipment for residential or business purposes. As of December 31, 2003, the company owned five retail wireless locations in the Florida market and one in the Philadelphia market. The company markets and distributes its satellite and cellular based wireless products and services in the Florida Gulf Coast market, New Jersey, and Pennsylvania's Philadelphia market, through its e-commerce site, www.SatPhoneCenter.com, worldwide. The company was organized in 1997 as Full Tilt Sports, Inc. and changed its name to FTS Apparel, Inc. in 2000. Further, it changed name to FTS Group, Inc. in 2004. FTS Group is headquartered in Levittown, Pennsylvania. Contact: 7610 West Hillsborough Avenue Tampa, FL 33615 Phone: 813-868-3600 |
Yesterday late day action came on no news for this stock, and we will stick around for another day or two to see where this takes us. We have lowered our profit target significantly. If we get back into the $.04's, we will definitely be looking to raise our stop loss up as well to a point perhaps just below or above break even. Should activity continue to slow day by day, we will be out. |
| 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: $.239 Portfolio %: 19.8% Portfolio % Range: 6.6-19.6% Next Buy: N/A Next Sell: $.315 (Half of Position)(Stop Loss @ $.145) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $0.195 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 |
Last weeks news of another acquisition for this company, which is in the early stages, continues to support this company's strategy for growth, which has so far brought them out of the depths of deb and made them earnings positive. There are a pretty high number of shares outstanding, but as we have said in the past, revenues are there to support it. Nevertheless, the stock price has been subdued recently, and perhaps a share buy back would be in order. Realistically, however, we are prepared to exit this position if need be, and should any announcement of a listing on the NASDAQ or AMEX be realized, we will likely be stepping out at that time. For now, we believe that the possibility of this company seeing enough volume over a few days with positive action could easily get us to our profit target. |
| www.ptsc.com Closing Price: $.093 Quick Profile Patriot Scientific Corporation engages in the development, marketing, and sale of microprocessors, technology for microprocessors, and complementary products that enable computers and other data processing devices to communicate. The company develops its microprocessor technology for various applications in wireless devices, smart cards, home appliances, and gateways, as well as in set top boxes, entertainment technology, automotive telematics, biomedical devices, and industrial controllers in the United States. It also has a patent for special radar technology, which would allow a licensee to penetrate the ground or structures to find various objects. Patriot Scientific Corporation was founded in 1987 and is based in San Diego, California. Contact: 10989 Via Frontera San Diego, CA 92127 Phone: 858-674-5000 Fax: 858-674-5005 |
| Patriot Scientific Corp. (PTSC) 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: $.079 Portfolio %: 6.6% Portfolio % Range: 5.9-6.8% Next Buy: $.069 (6% of Portfolio Value) Next Sell: $.151 (Half of Position)(Stop Loss @ $.059) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| If this stock fails to get above a dime within the next few sessions, we will likely be looking to take what profits we have and look for a new entry point. |
| www.smartire.com Closing Price: $.064 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 |
| 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: $.078 Portfolio %: 10.3% Portfolio % Range: 4.8-13% Next Buy: N/A Next Sell: $.121 (Half of Position)(Stop Loss @ $.049) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| This company saw some great news yesterday as a multi million dollar law suit was settled for something more like multi thousands. Volume was the missing piece of the puzzle yesterday, however, all action post release was positive. We would not be surprised to see a continued delayed reaction to the upside throughout the rest of this week |
| Daily Tip |
Todays tip is simply to not trust technical analysis without looking at the facts. Try looking at past charts and see what the news did to the stock price. This will help you clear up your crystal ball a little bit. Look for price drops due to unrelated bad news for great buying opportunities. 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, January 12, 2006 |
| Good Morning, Stocks managed more gains yesterday despite early morning warnings of a sell off. Futures point to a continued sell off bias this mornings as oil continues to creep higher on fears of a possible disruption to Iranian supplies for political reasons. Every time a new piece of news comes out concerning their nuclear program, oil notches another leg upward. Nevertheless, a pull back today would be very healthy concerning this rally, considering how stocks have bee up for a couple of weeks in a row now, in fact, the NASDAQ has posted seven strait positive sessions in a row. Gold continues to be in play as there is still a little bit of uncertainty as to where interest rates are headed. There has yet to be any major inflationary data driving this gold cycle, and seeing what causes it to fall back down will make it's reasons finally transparent. We know that the FED will stop raising rates soon, we just don't know if they are done now or have one, two or three more hikes to come. The dollar has stabilized, and the next catalyst will likely be geo political events surrounding Oil, as well as a lot of things happening in our own congress. Futures trade continues to point to a lower open for the cash market, however, a flattish bias is present on the NASDAQ. Micro Cap View 50 thousand transactions on the OTC BB yesterday marked the second day of this year in which we saw 50 thousand or above. This activity was not made up from only a couple of issues, but was rather a more broad example of liquidity. Three stocks managed more than 1000 trades each, which were ABTG, GBVS, XDSL. Beyond that, we saw 10 stocks doing more than 500 trades, the most we have seen so far this winter. Price action was again similar to that of the major markets, and more specifically, the NASDAQ, as we saw a rare positive Advance/Decline line, and only three out of the top ten most heavily traded losing ground. Despite these overwhelmingly positive numbers, as we dig a little bit deeper, we see a more mixed bias, again similar to the NASDAQ. Only two out of five major economic sectors posted gains, Technology and Biotech, and within that top ten list, two were break even, making only five total posting gains, none of which were to spectacular, with the exception of ABTG. Overall, we are happy with the activity being spread across a wide domain, and we will continue to look towards the NASDAQ for leadership New Initiatives and Recent Developments We are now flush with cash in the portfolio, are very confident concerning all of our current allocations, and will are pursuing several new buying possibilities. We added a small amount of cash in our portfolio to a position that is earmarked for very short time horizons, and right now FLIP is quickly approaching staleness. Yesterdays late action in this stock, however, may continue today, so we will stick around for now with our same parameters, with one exception, our profit target is a bit lower. We will let this stock go for the rest of the week within our parameter, but will likely be shifting this cash to another play if nothing occurs very soon. The rest of our positions are currently mixed with respect to time horizons, however they are all worth holding onto at this time. A tight range continues to encompass most of our positions, however, reasonable liquidity remains. We will begin to shift a few conditions around throughout the rest of this week, and overall, we will be looking at adding at least one new position this week. We would expect several of our issues to continue creeping up. |
| The Portfolio |
| ETERNAL TECHS GRP (ETLT) 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: $.41 Portfolio %: 6.9% Portfolio % Range: 6.7-7.1% Next Buy: $.33 Next Sell: $.68 (Half of Position)(Stop Loss @ $.195) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| www.eternaltechs.com Closing Price: $0.405 Quick Profile Eternal is a major agricultural genetics and biopharmaceutical R&D firm operating in China with the support of the Chinese Government. Eternal's animal breeding division has a strong asset base, cash position and net income. Eternal has become one of China's leading institutions for biopharmaceutical and biotech research, pure breed cultivation and breed stock production. The Company has secured a key market niche by commercializing gene engineering technologies and providing superior breeding stock, allowing China's citizens the ability to improve their living standards. With the world's largest population, a double-digit national growth rate and entry into the WTO, Eternal Technologies has a playing field set for tremendous opportunity. As a prominent player in the agricultural genetics industry, cash in the bank and an untapped market, Eternal has the potential to become a major player in China's national growth. Contact: Heron Public Relations Group Inc. William Cai, 281-683-2395 info@heronpublic.com |
This stock continues to hold up quite well in the high $.30's to low $.40's which we believe that without any major developments or share issuance, is an extreme value point. We have raised our second buy target a bit as lackluster price action remains. We may continue to do so. |
| FTS Group Inc (FLIP) 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: $.0425 Portfolio %: 5.4% Portfolio % Range: 5.9-6.2% Next Buy: N/A Next Sell: $.059 (Entire Position)(Stop Loss @ $.029) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.FTSWireless.com Closing Price: $0.034 Quick Profile FTS Group, Inc. engages in the acquisition and development of a chain of retail wireless stores. It also markets, sells, and activates cellular and satellite handsets, cellular accessories, and other related wireless products, such as wireless fidelity service and related access equipment for residential or business purposes. As of December 31, 2003, the company owned five retail wireless locations in the Florida market and one in the Philadelphia market. The company markets and distributes its satellite and cellular based wireless products and services in the Florida Gulf Coast market, New Jersey, and Pennsylvania's Philadelphia market, through its e-commerce site, www.SatPhoneCenter.com, worldwide. The company was organized in 1997 as Full Tilt Sports, Inc. and changed its name to FTS Apparel, Inc. in 2000. Further, it changed name to FTS Group, Inc. in 2004. FTS Group is headquartered in Levittown, Pennsylvania. Contact: 7610 West Hillsborough Avenue Tampa, FL 33615 Phone: 813-868-3600 |
Yesterday late day action came on no news for this stock, and we will stick around for another day or two to see where this takes us. We have lowered our profit target significantly. If we get back into the $.04's, we will definitely be looking to raise our stop loss up as well to a point perhaps just below or above break even. Should activity continue to slow day by day, we will be out. |
| 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: $.239 Portfolio %: 20% Portfolio % Range: 6.6-19.6% Next Buy: N/A Next Sell: $.315 (Half of Position)(Stop Loss @ $.145) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $0.20 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 |
Last weeks news of another acquisition for this company, which is in the early stages, continues to support this company's strategy for growth, which has so far brought them out of the depths of deb and made them earnings positive. There are a pretty high number of shares outstanding, but as we have said in the past, revenues are there to support it. Nevertheless, the stock price has been subdued recently, and perhaps a share buy back would be in order. Realistically, however, we are prepared to exit this position if need be, and should any announcement of a listing on the NASDAQ or AMEX be realized, we will likely be stepping out at that time. For now, we believe that the possibility of this company seeing enough volume over a few days with positive action could easily get us to our profit target. |
| www.ptsc.com Closing Price: $.093 Quick Profile Patriot Scientific Corporation engages in the development, marketing, and sale of microprocessors, technology for microprocessors, and complementary products that enable computers and other data processing devices to communicate. The company develops its microprocessor technology for various applications in wireless devices, smart cards, home appliances, and gateways, as well as in set top boxes, entertainment technology, automotive telematics, biomedical devices, and industrial controllers in the United States. It also has a patent for special radar technology, which would allow a licensee to penetrate the ground or structures to find various objects. Patriot Scientific Corporation was founded in 1987 and is based in San Diego, California. Contact: 10989 Via Frontera San Diego, CA 92127 Phone: 858-674-5000 Fax: 858-674-5005 |
| Patriot Scientific Corp. (PTSC) 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: $.079 Portfolio %: 6.6% Portfolio % Range: 5.9-6.8% Next Buy: $.069 (6% of Portfolio Value) Next Sell: $.151 (Half of Position)(Stop Loss @ $.059) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| If this stock fails to get above a dime within the next few sessions, we will likely be looking to take what profits we have and look for a new entry point. |
| www.smartire.com Closing Price: $.068 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 |
| 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: $.078 Portfolio %: 10.6% Portfolio % Range: 4.8-13% Next Buy: N/A Next Sell: $.121 (Half of Position)(Stop Loss @ $.049) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| This company saw some great news yesterday as a multi million dollar law suit was settled for something more like multi thousands. Volume was the missing piece of the puzzle yesterday, however, all action post release was positive. We would not be surprised to see a continued delayed reaction to the upside throughout the rest of this week |
| Daily Tip |
Never enter a trade on the market open unless you think you have a clear advantage. If you need to get out first thing in the morning, at least wait a few minutes to see what is happening. We always let the market tell us when to trade looking at price and volume. Try and find the run rate of volume on the NASDAQ and remember that anything over 2 billion is high. Heavy volume and lower prices is a sure sign to get out immediately, while light volume and mixed prices indicate a little bit of time on your hands to make clearer decisions. 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, January 11, 2006 |
| Good Morning, Yesterdays action in the stock market was overwhelmingly positive despite the DOW, NASDAQ and S&P 500 finishing at or near the flat line. Considering the dearth of negative trading catalysts yesterday including a weak earnings report from the first DOW company to report, as well as continued higher energy prices and throw in the fact that stock had posted gains for five strait trading sessions, yesterday was written off early as a consolidation day. These efforts, however, still left the DOW above 11,000, the NASDAQ above 2,300, and the S$&P 500 above 1,285, all of which are considered key psychological barriers. So far this morning and last night, earnings starting to come in have not exactly matched the performance of Alcoa, and are on track for analysts expectations of double digit growth for the last quarter of 2005. An Energy inventory report from the Government later today is expected to show continued builds in both Gasoline and distillates. Possible war and/or sanctions or embargo's for IRAN, the worlds second largest producer of Oil are weighing on sentiment recently after it was disclosed that they are re-attempting their nuclear program. Futures trade remains positive, albeit slightly. Micro Cap View Action on the OTC BB yesterday remained high, however price action matched that of early trade in the major indices, but never caught back up. 45 thousand total transactions and two stocks, CWPC and GBVS, did more than 1000 trades, as well as eight full issues doing more than 500 trades each showed even more activity and consistency than the previous session. Price action was weak, however, with an Advance/Decline line that was the most negative seen in over a week. Only one economic sector out of five manage gains, which happened to be Oil and Gas. Only four out of the top ten most heavily traded as measured by transactions per day made gains, none of which were of any substantial consequence. Nevertheless, action has matched as closely as possible with the NASDAQ, as yesterday was a consolidation day for both. So far this morning, several OTC BB issues are seeing early morning trade between market makers before the open, which includes several stocks trading below a dollar like CSCE, NIHK, CLKTF and even ETLT, a holding in our portfolio. New Initiatives and Recent Developments We were stopped out of USTT yesterday as it fell below our conditional price. We believe this stock is fundamentally strong, however recent dilution must be the cause of the decline. We will continue to watch this stock very closely, and will likely add it back to the portfolio sometime soon. We added a small amount of cash in our portfolio to a position that is earmarked for very short time horizons, and right now FLIP is quickly approaching staleness. We will let this stock go for a day or two, but will likely be shifting this cash to another play if nothing occurs very soon. The rest of our positions are currently mixed with respect to time horizons, however they are all worth holding. onto at this time. A tight range continues to encompass most of our positions, however, reasonable liquidity remains. We will begin to shift a few conditions around throughout the rest of this week, and overall, we will be looking at adding at least one new position this week. |
| ETERNAL TECHS GRP (ETLT) 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: $.41 Portfolio %: 6.9% Portfolio % Range: 6.7-7.1% Next Buy: $.33 Next Sell: $.68 (Half of Position)(Stop Loss @ $.195) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| www.eternaltechs.com Closing Price: $0.40 Quick Profile Eternal is a major agricultural genetics and biopharmaceutical R&D firm operating in China with the support of the Chinese Government. Eternal's animal breeding division has a strong asset base, cash position and net income. Eternal has become one of China's leading institutions for biopharmaceutical and biotech research, pure breed cultivation and breed stock production. The Company has secured a key market niche by commercializing gene engineering technologies and providing superior breeding stock, allowing China's citizens the ability to improve their living standards. With the world's largest population, a double-digit national growth rate and entry into the WTO, Eternal Technologies has a playing field set for tremendous opportunity. As a prominent player in the agricultural genetics industry, cash in the bank and an untapped market, Eternal has the potential to become a major player in China's national growth. Contact: Heron Public Relations Group Inc. William Cai, 281-683-2395 info@heronpublic.com |
This stock continues to hold up quite well in the high $.30's to low $.40's which we believe that without any major developments or share issuance, is an extreme value point. We have raised our second buy target a bit as lackluster price action remains. We may continue to do so. |
| FTS Group Inc (FLIP) 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: $.0425 Portfolio %: 5.3% Portfolio % Range: 5.9-6.2% Next Buy: N/A Next Sell: $.064 (Entire Position)(Stop Loss @ $.029) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.FTSWireless.com Closing Price: $0.033 Quick Profile FTS Group, Inc. engages in the acquisition and development of a chain of retail wireless stores. It also markets, sells, and activates cellular and satellite handsets, cellular accessories, and other related wireless products, such as wireless fidelity service and related access equipment for residential or business purposes. As of December 31, 2003, the company owned five retail wireless locations in the Florida market and one in the Philadelphia market. The company markets and distributes its satellite and cellular based wireless products and services in the Florida Gulf Coast market, New Jersey, and Pennsylvania's Philadelphia market, through its e-commerce site, www.SatPhoneCenter.com, worldwide. The company was organized in 1997 as Full Tilt Sports, Inc. and changed its name to FTS Apparel, Inc. in 2000. Further, it changed name to FTS Group, Inc. in 2004. FTS Group is headquartered in Levittown, Pennsylvania. Contact: 7610 West Hillsborough Avenue Tampa, FL 33615 Phone: 813-868-3600 |
Although this stock has pulled back a bit since getting involved, we do not plan on adding anymore share to the position. Our stop loss, which is set in stone may very well be breached today, however, we may see the falling three pattern that often occurs in these types of stocks, followed by a quick burst into new territory. We will just have to wait and see, but will need to be prepared. Should we be stopped out today, we will be using this cash immediately for another short term position. |
| 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: $.239 Portfolio %: 20% Portfolio % Range: 6.6-19.6% Next Buy: N/A Next Sell: $.315 (Half of Position)(Stop Loss @ $.145) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $0.20 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 |
Last weeks news of another acquisition for this company, which is in the early stages, continues to support this company's strategy for growth, which has so far brought them out of the depths of deb and made them earnings positive. There are a pretty high number of shares outstanding, but as we have said in the past, revenues are there to support it. Nevertheless, the stock price has been subdued recently, and perhaps a share buy back would be in order. Realistically, however, we are prepared to exit this position if need be, and should any announcement of a listing on the NASDAQ or AMEX be realized, we will likely be stepping out at that time. For now, we believe that the possibility of this company seeing enough volume over a few days with positive action could easily get us to our profit target. |
| www.ptsc.com Closing Price: $.09 Quick Profile Patriot Scientific Corporation engages in the development, marketing, and sale of microprocessors, technology for microprocessors, and complementary products that enable computers and other data processing devices to communicate. The company develops its microprocessor technology for various applications in wireless devices, smart cards, home appliances, and gateways, as well as in set top boxes, entertainment technology, automotive telematics, biomedical devices, and industrial controllers in the United States. It also has a patent for special radar technology, which would allow a licensee to penetrate the ground or structures to find various objects. Patriot Scientific Corporation was founded in 1987 and is based in San Diego, California. Contact: 10989 Via Frontera San Diego, CA 92127 Phone: 858-674-5000 Fax: 858-674-5005 |
| Patriot Scientific Corp. (PTSC) 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: $.079 Portfolio %: 6.4% Portfolio % Range: 5.9-6.8% Next Buy: $.069 (6% of Portfolio Value) Next Sell: $.151 (Half of Position)(Stop Loss @ $.059) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| If this stock fails to get above a dime within the next few sessions, we will likely be looking to take what profits we have and look for a new entry point. |
| www.smartire.com Closing Price: $.069 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 |
| 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: $.078 Portfolio %: 10.6% Portfolio % Range: 4.8-13% Next Buy: N/A Next Sell: $.121 (Half of Position)(Stop Loss @ $.049) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| This company saw some great news yesterday as a multi million dollar law suit was settled for something more like multi thousands. Volume was the missing piece of the puzzle yesterday, however, all action post release was positive. We would not be surprised to see a continued delayed reaction to the upside throughout the rest of this week |
| Daily Tip |
Is it worth entering all of the 3000+ issues on the OTC BB into a watch list? Absolutely. It is impossible to get any meaningful information on the most truly active penny stocks any where on the web. By sorting this list by dollar volume and trades per day, you will get a birds eye view of the entire market. It is definitely worth the time to do this and you will get a lot more insight than the effort you put in. 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, January 10, 2006 |
| Good Morning, The next major hurdle for the DOW will be to make a new all time high, which is somewhere around 11,700. After breaking through 11,000 yesterday for the first time since before September 11, 2005, the industrial index is still 700 points away from an all time high, but if we consider where the rest of the market is, the DOW has some catching up to do. Meanwhile, the NASDAQ has been outperforming for several weeks, and hopefully, the inevitable convergence of these Indices will be a result of positive action on the DOW, and not negative action on the NASDAQ. Despite the magical 11,000 number being met yesterday, stocks are headed sharply lower today as forecast by the futures market. This is primarily due to disappointing earnings from Alcoa, the first Dow component, and almost the first company overall, to report numbers for the fourth quarter of last year. Believe it or not, Alcoa is still in the DOW, and high metal prices took their toll as investors and traders begin scrutinizing the numbers. Oil and interest rates will still be in focus, and after five strait days of gains for stocks, a little bit of a pullback is nothing to be concerned with. Micro Cap View Activity on the OTC BB remained string yesterday as 44 thousand transactions filtered through the wires and two stocks managed more than 1000 trades each, UALAQ and GBVS, both of which are priced above a dollar. Overall, six stocks did more than 500 trades, half of which were below a dollar, GZFX, BRVO and URIX. Share volume supported the trend of action in higher priced stocks, and was slightly below it's short term moving average at around 1.3 billion. Price action was mixed but overall positive, with three out of five economic sectors positing gains, Oil and Gas, Telecom and Medicare. Six out of the top ten most heavily traded stocks made gains, and we saw an Advance/Decline line that again almost broke into positive territory. Earnings season is underway in the listed world, and despite being a couple of months away from seeing 10K's for these tiny stocks, earnings in Blue Chip world will certainly play a role in trading decisions for Penny stocks. New Initiatives and Recent Developments We added a small amount of cash in our portfolio to a position that is earmarked for very short time horizons, and right now FLIP is quickly approaching staleness. We will let this stock go for a day or two, but will likely be shifting this cash to another play if nothing occurs very soon. The rest of our positions are currently mixed with respect to time horizons, however they are all worth holding onto at this time. A tight range continues to encompass most of our positions, however, reasonable liquidity remains. We will begin to shift a few conditions around throughout the rest of this week, and overall, we will be looking at adding at least one new position this week. |
| The Portfolio |
| ETERNAL TECHS GRP (ETLT) 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: $.41 Portfolio %: 6.8% Portfolio % Range: 6.7-7.1% Next Buy: $.33 Next Sell: $.68 (Half of Position)(Stop Loss @ $.195) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| www.eternaltechs.com Closing Price: $0.39 Quick Profile Eternal is a major agricultural genetics and biopharmaceutical R&D firm operating in China with the support of the Chinese Government. Eternal's animal breeding division has a strong asset base, cash position and net income. Eternal has become one of China's leading institutions for biopharmaceutical and biotech research, pure breed cultivation and breed stock production. The Company has secured a key market niche by commercializing gene engineering technologies and providing superior breeding stock, allowing China's citizens the ability to improve their living standards. With the world's largest population, a double-digit national growth rate and entry into the WTO, Eternal Technologies has a playing field set for tremendous opportunity. As a prominent player in the agricultural genetics industry, cash in the bank and an untapped market, Eternal has the potential to become a major player in China's national growth. Contact: Heron Public Relations Group Inc. William Cai, 281-683-2395 info@heronpublic.com |
This stock continues to hold up quite well in the high $.30's to low $.40's which we believe that without any major developments or share issuance, is an extreme value point. We have raised our second buy target a bit as lackluster price action remains. We may continue to do so. |
| FTS Group Inc (FLIP) 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: $.0425 Portfolio %: 5.7% Portfolio % Range: 5.9-6.2% Next Buy: N/A Next Sell: $.064 (Entire Position)(Stop Loss @ $.029) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.FTSWireless.com Closing Price: $0.0325 Quick Profile FTS Group, Inc. engages in the acquisition and development of a chain of retail wireless stores. It also markets, sells, and activates cellular and satellite handsets, cellular accessories, and other related wireless products, such as wireless fidelity service and related access equipment for residential or business purposes. As of December 31, 2003, the company owned five retail wireless locations in the Florida market and one in the Philadelphia market. The company markets and distributes its satellite and cellular based wireless products and services in the Florida Gulf Coast market, New Jersey, and Pennsylvania's Philadelphia market, through its e-commerce site, www.SatPhoneCenter.com, worldwide. The company was organized in 1997 as Full Tilt Sports, Inc. and changed its name to FTS Apparel, Inc. in 2000. Further, it changed name to FTS Group, Inc. in 2004. FTS Group is headquartered in Levittown, Pennsylvania. Contact: 7610 West Hillsborough Avenue Tampa, FL 33615 Phone: 813-868-3600 |
Although this stock has pulled back a bit since getting involved, we do not plan on adding anymore share to the position. Our stop loss, which is set in stone may very well be breached today, however, we may see the falling three pattern that often occurs in these types of stocks, followed by a quick burst into new territory. We will just have to wait and see, but will need to be prepared. Should we be stopped out today, we will be using this cash immediately for another short term position. |
| 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: $.239 Portfolio %: 19% Portfolio % Range: 6.6-19.6% Next Buy: N/A Next Sell: $.315 (Half of Position)(Stop Loss @ $.145) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $0.19 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 |
Last weeks news of another acquisition for this company, which is in the early stages, continues to support this company's strategy for growth, which has so far brought them out of the depths of deb and made them earnings positive. There are a pretty high number of shares outstanding, but as we have said in the past, revenues are there to support it. Nevertheless, the stock price has been subdued recently, and perhaps a share buy back would be in order. Realistically, however, we are prepared to exit this position if need be, and should any announcement of a listing on the NASDAQ or AMEX be realized, we will likely be stepping out at that time. For now, we believe that the possibility of this company seeing enough volume over a few days with positive action could easily get us to our profit target. |
| www.ptsc.com Closing Price: $.09 Quick Profile Patriot Scientific Corporation engages in the development, marketing, and sale of microprocessors, technology for microprocessors, and complementary products that enable computers and other data processing devices to communicate. The company develops its microprocessor technology for various applications in wireless devices, smart cards, home appliances, and gateways, as well as in set top boxes, entertainment technology, automotive telematics, biomedical devices, and industrial controllers in the United States. It also has a patent for special radar technology, which would allow a licensee to penetrate the ground or structures to find various objects. Patriot Scientific Corporation was founded in 1987 and is based in San Diego, California. Contact: 10989 Via Frontera San Diego, CA 92127 Phone: 858-674-5000 Fax: 858-674-5005 |
| Patriot Scientific Corp. (PTSC) 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: $.079 Portfolio %: 6.4% Portfolio % Range: 5.9-6.8% Next Buy: $.069 (6% of Portfolio Value) Next Sell: $.151 (Half of Position)(Stop Loss @ $.059) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| If this stock fails to get above a dime within the next few sessions, we will likely be looking to take what profits we have and look for a new entry point. |
| www.smartire.com Closing Price: $.068 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 |
| 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: $.078 Portfolio %: 10.5% Portfolio % Range: 4.8-13% Next Buy: N/A Next Sell: $.121 (Half of Position)(Stop Loss @ $.049) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| This company saw some great news yesterday as a multi million dollar law suit was settled for something more like multi thousands. Volume was the missing piece of the puzzle yesterday, however, all action post release was positive. We would not be surprised to see a continued delayed reaction to the upside throughout the rest of this week |
| View Systems Inc. (VYST) 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 %: 12% Portfolio % Range: 6.2-12.8% Next Buy: .$09 (7% of Portfolio) Next Sell: $.335 (1/2 of the Position)(Stop Loss @ $.0129) Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) |
| www.viewsystems.com Closing Price: $.14 Quick Profile View Systems, Inc. engages in the acquisition and development of technologies related to surveillance, detection, and security. Its product portfolio comprises ViewMaxx, a digital video recording and monitoring system; and SecureScan, a concealed weapons detector that uses sensing technology and artificial intelligence algorithms to pinpoint the location, size, and number of concealed weapons. The company’s other products include Visual First Responder, a hazardous material first response long range video transmitting system; ViewLite, a handheld flashlight video transmission and recording system; and various interfaces for biometrics, access control, and telecommunications. The company offers other products that can be integrated with SecureScan or ViewMaxx. SecureScan and/or ViewMaxx can be coupled with magnetic door locks to restrict access to a particular area. It also offers a central monitoring or video command center for SecureScan or ViewMaxx. In addition, the company offers support services for its products, including on site consulting/planning with customer architect and engineers; installation and technical support; training; and extended service agreements. View Systems offers its products to law enforcement, military, government agencies, educational facilities, hotels, event and sport venues, and commercial businesses. The company was incorporated in 1989 as Beneficial Investment Group, Inc. and changed its name to View Systems, Inc. in 1998. View Systems is based in Baltimore, Maryland. Contact: 1550 Caton Center Drive Suite E Baltimore, MD 21227 Phone: 410-242-8439 Fax: 410-242-0765 |
| This stock is quickly approaching our stop loss level, however, we see a string possibility that support will hold up just long enough for the opportunity to step out of half of the position on the first significant pop. We continue to see new orders and tons of activity. The question will be how all of this carries over to their quarterly earnings. |
| Daily Tip |
Due Diligence is a term that is thrown around far to loosely these days. Have you done an audit of the company's financials yourself? Have you personally talked to key management officials? Have you visited company headquarters and production facilities? Have you done your own research regarding industry trends? If you can't answer all of these questions with a yes, than you can leave the "due diligence" up to the professionals. What we are doing is careful and complete research, as we are not looking to buy the entire company. Get the facts and add an element that the professionals tend to forget, technical analysis. 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, January 9, 2006 |
| Good Morning, DOW 11,000 looks like a reasonable possibility today as futures are pointing to a higher open for the cash Indices. Helping fuel this level not seen in nearly five years on Wall Street is continued M&A activity, a possible end to interest rate hikes from the FED, and the start of earnings season for the last quarter of last year in which analysts predict 13-14% year over year growth. Getting beyond 11,000 and staying there, however, is going to be a lot more tricky. There are still a ton of wild cards out there, including Oil prices that have recently bounced back considerably from there not so low lows. Also, the housing market is cooling fast, which has been the only reason why consumers continue to spend. Other factors that could derail the rally in equities over the past week are the U.S. Dollar, which after a year of strength, has started the new year off seemingly trending back to it's longer term pattern of weakness. Gold continues to approach record levels, which has always been a lagging and forward indicator for everything from inflation to penny stocks. Geo politics, which were overshadowed all last year by energy, ma again come into play, and traders may not have to look far to find market moving events in congress. A new Supreme court appointment, followed by the executive spying hearings, and perhaps concluding with campaign finance reform all will weigh on stocks going forward. Throw in newly re-kindled debates on abortion, Iraq and the patriot act, combined with Israel's problems with their prime minister and possible war with Iran, and the next few weeks will certainly be exciting and volatile ones. Micro Cap View Despite three strait days of gains for the major Indices, and two days in a row of overwhelmingly positive action in the OTC BB world this week, yesterdays action did not quite follow suit. Biotech, Oil and Gas, and Medicare all posted gains leaving three out of five sectors in positive territory, however, the Advance/Decline line that has been unusual positive for a couple of days finally fell back to it's standard negative bias. As far as the top ten most heavily traded, things got a little bit worse with only three posting gains, which is the exact reciprocal action of the previous sessions. Trading activity levels were higher than usual, however, and we saw three issue do more than 1000 trades. In fact, GZFX did around 4,600, and GBVS did close to 4000. This brought the total number of transactions for the OTC BB well above key moving averages to around 46 thousand. Overall, six stocks did more than 500 trades, and share volume was in the upper end of it's standard range, at 2 billion, showing continued support for lower priced issues. New Initiatives and Recent Developments We added FLIP to the portfolio yesterday, which will be a quick trade of no more than a few trading sessions. We used 6% of the portfolio, and whether we see our target or mental stop loss being met, we will essentially be earmarking this cash for some more quick trading attempts. If things are not moving our way, we will step out, and it is that simple. The rest of our positions continue to remain within a tight and admittedly boring range, although we did see a little break out in MOBL yesterday. In addition to continuing to hold our mid term plays combined with this new short term allocation, we will be using another 6% or so of the portfolio for a continued play that is somewhere in the middle. We will likely announce this decision early next week. For now, we will continue to watch a lot of stocks that have previously been in the portfolio with mixed success, as well as all of our recent "Outside the Portfolio" selections. |
| The Portfolio |
| ETERNAL TECHS GRP (ETLT) 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: $.41 Portfolio %: 6.8% Portfolio % Range: 6.7-7.1% Next Buy: $.28 Next Sell: $.68 (Half of Position)(Stop Loss @ $.195) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| www.eternaltechs.com Closing Price: $0.39 Quick Profile Eternal is a major agricultural genetics and biopharmaceutical R&D firm operating in China with the support of the Chinese Government. Eternal's animal breeding division has a strong asset base, cash position and net income. Eternal has become one of China's leading institutions for biopharmaceutical and biotech research, pure breed cultivation and breed stock production. The Company has secured a key market niche by commercializing gene engineering technologies and providing superior breeding stock, allowing China's citizens the ability to improve their living standards. With the world's largest population, a double-digit national growth rate and entry into the WTO, Eternal Technologies has a playing field set for tremendous opportunity. As a prominent player in the agricultural genetics industry, cash in the bank and an untapped market, Eternal has the potential to become a major player in China's national growth. Contact: Heron Public Relations Group Inc. William Cai, 281-683-2395 info@heronpublic.com |
This stock continues to hold up quite well in the high $.30's to low $.40's which we believe that without any major developments or share issuance, is an extreme value point. We may raise our second buy target a bit if lackluster price action remains for a few more sessions. |
| FTS Group Inc (FLIP) 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: $.0425 Portfolio %: 5.7% Portfolio % Range: 5.9-6.2% Next Buy: N/A Next Sell: $.064 (Entire Position)(Stop Loss @ $.029) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.FTSWireless.com Closing Price: $0.037 Quick Profile FTS Group, Inc. engages in the acquisition and development of a chain of retail wireless stores. It also markets, sells, and activates cellular and satellite handsets, cellular accessories, and other related wireless products, such as wireless fidelity service and related access equipment for residential or business purposes. As of December 31, 2003, the company owned five retail wireless locations in the Florida market and one in the Philadelphia market. The company markets and distributes its satellite and cellular based wireless products and services in the Florida Gulf Coast market, New Jersey, and Pennsylvania's Philadelphia market, through its e-commerce site, www.SatPhoneCenter.com, worldwide. The company was organized in 1997 as Full Tilt Sports, Inc. and changed its name to FTS Apparel, Inc. in 2000. Further, it changed name to FTS Group, Inc. in 2004. FTS Group is headquartered in Levittown, Pennsylvania. Contact: 7610 West Hillsborough Avenue Tampa, FL 33615 Phone: 813-868-3600 |
We believe that from a technical standpoint, this stock has a very good chance of realizing our target levels and conditions in a positive way withing the next few trading sessions. This is a very short term play with a very volatile and speculative stock. Nevertheless, we believe that some recent fundamentally exciting news will continue to bring in the buyers, however, if we are wrong, we will not be lingering with this one. |
| 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: $.239 Portfolio %: 20% Portfolio % Range: 6.6-19.6% Next Buy: N/A Next Sell: $.315 (Half of Position)(Stop Loss @ $.145) Quick Glance PSD Rating: 4 (1= close to next buy, 10= close to next sell) |
| www.mobileprocorp.com Closing Price: $0.209 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 |
Yesterdays news of another acquisition for this company, which is in the early stages, continues to support this company's strategy for growth, which has so far brought them out of the depths of deb and made them earnings positive. There are a pretty high number of shares outstanding, but as we have said in the past, revenues are there to support it. Nevertheless, the stock price has been subdued recently, and perhaps a share buy back would be in order. Realistically, however, we are prepared to exit this position if need be, and should any announcement of a listing on the NASDAQ or AMEX be realized, we will likely be stepping out at that time. For now, we believe that the possibility of this company seeing enough volume over a few days with positive action could easily get us to our profit target. |
| www.ptsc.com Closing Price: $.09 Quick Profile Patriot Scientific Corporation engages in the development, marketing, and sale of microprocessors, technology for microprocessors, and complementary products that enable computers and other data processing devices to communicate. The company develops its microprocessor technology for various applications in wireless devices, smart cards, home appliances, and gateways, as well as in set top boxes, entertainment technology, automotive telematics, biomedical devices, and industrial controllers in the United States. It also has a patent for special radar technology, which would allow a licensee to penetrate the ground or structures to find various objects. Patriot Scientific Corporation was founded in 1987 and is based in San Diego, California. Contact: 10989 Via Frontera San Diego, CA 92127 Phone: 858-674-5000 Fax: 858-674-5005 |
| Patriot Scientific Corp. (PTSC) 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: $.079 Portfolio %: 6.4% Portfolio % Range: 5.9-6.8% Next Buy: $.069 (6% of Portfolio Value) Next Sell: $.151 (Half of Position)(Stop Loss @ $.059) Quick Glance PSD Rating: 5 (1= close to next buy, 10= close to next sell) |
| This stock is currently our most speculative, and although the company has recently realized it's first profitable quarter, this trade is essentially based on weakness from a lawsuit that is very similar to the one they just won in June. This suit will take at least a year to make it through the courts, and we do not plan on staying around that long. We believe that positive developments will fuel speculation, and we should see the stock spike back up in fairly quick fashion, but perhaps not as high as before. This is why our profit target is relatively subdued for the time being. |
| www.smartire.com Closing Price: $.066 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 |
| 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: $.078 Portfolio %: 10.3% Portfolio % Range: 4.8-13% Next Buy: N/A Next Sell: $.121 (Half of Position)(Stop Loss @ $.049) Quick Glance PSD Rating: 3 (1= close to next buy, 10= close to next sell) |
| After adding to this position last week, we need to be very careful going forward, and as it stands right now, our stop loss is steadfast. Also, we will likely lower our profit target for half of the position over the next couple of days in order to pair down the position again, as this is another kind of litigation play, however, is more fundamentally sound than PTSC in our opinion. |
| View Systems Inc. (VYST) 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 %: 12.4% Portfolio % Range: 6.2-12.8% Next Buy: .$09 (7% of Portfolio) Next Sell: $.335 (1/2 of the Position)(Stop Loss @ $.0129) Quick Glance PSD Rating: 2 (1= close to next buy, 10= close to next sell) |
| www.viewsystems.com Closing Price: $.155 Quick Profile View Systems, Inc. engages in the acquisition and development of technologies related to surveillance, detection, and security. Its product portfolio comprises ViewMaxx, a digital video recording and monitoring system; and SecureScan, a concealed weapons detector that uses sensing technology and artificial intelligence algorithms to pinpoint the location, size, and number of concealed weapons. The company’s other products include Visual First Responder, a hazardous material first response long range video transmitting system; ViewLite, a handheld flashlight video transmission and recording system; and various interfaces for biometrics, access control, and telecommunications. The company offers other products that can be integrated with SecureScan or ViewMaxx. SecureScan and/or ViewMaxx can be coupled with magnetic door locks to restrict access to a particular area. It also offers a central monitoring or video command center for SecureScan or ViewMaxx. In addition, the company offers support services for its products, including on site consulting/planning with customer architect and engineers; installation and technical support; training; and extended service agreements. View Systems offers its products to law enforcement, military, government agencies, educational facilities, hotels, event and sport venues, and commercial businesses. The company was incorporated in 1989 as Beneficial Investment Group, Inc. and changed its name to View Systems, Inc. in 1998. View Systems is based in Baltimore, Maryland. Contact: 1550 Caton Center Drive Suite E Baltimore, MD 21227 Phone: 410-242-8439 Fax: 410-242-0765 |
| We continue to be flooded with positive fundamental developments from this company, however we continue to see negative technical developments. We will stick around for now, however, a floor for the stock price is not exactly as solid as we believe exists for ETLT and MOBL. We have weighted this position with two buys already, and provided we do not get stopped out, we will be looking to earnings for the most recent quarter to get a boost from. If not, we will probably try to escape. |
| Daily Tip |
Instead of focusing on what kind of investor you are, try to become an all-term investor. We are not looking for any specific time horizons with our penny stock portfolio, or any portfolio for that matter. We are simply trying to set ourselves up for possible gains while preserving our total capital. It is important to seek out all forms of investing including long, mid and short-term strategies. We feel that by knowing when a long term trend is changing we can be prepared for short term profits. Today, overseas, the Nikkei average rose to it's highest levels in almost three years, how would you react to this if you were a long term investor following the Dow Jones Industrial Average? Also this mornings futures appear to be lower and slowly adding to their losses, how would you react if you were a pure day trader to such a short term indicator? The Russell 2000 only rose modestly compared to the rest of the market yesterday afternoon, how would mid-term investors react? Only by knowing as much as possible about what other people think can you gain the all-term advantage. 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. |
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