| Back Issues Pages are sorted with the latest issue at the top. June 19-23, 2006 |
| Friday, June 23, 2006 Penny Stocks Daily Posted 9:02:55 AM EDT |
Major Market Perspective
Micro Cap Review
| Yesterday's Highlights |
each for the first time all week, and with today being a Friday in late June, will also likely be the last. Both of these stocks were familiar faces, XKEM and VRDM, both showed very positive price movement, and both did so on no specific news. A third bulletin board worth mentioning is IPTD, which almost did 1000 trades after they announced that its Intrepid Healthcare Group has signed a letter-of-intent with Wal-Mart Stores, Inc. (NYSE:WMT) to lease space in Wal-Mart stores and Supercenters in several markets. Intrepid Holdings, Inc. will build and operate Healthy Access medical clinics in these leased spaces beginning in the 3rd quarter of this year. At this time, Intrepid Holdings, Inc. plans to open clinics in Wal- Mart stores and Supercenters in Texas, as well as the District of Columbia area, over the next 12-15 months. The stock had been up as high as 230% after climbing all morning long. The afternoon, however, brought nothing but profit taking, and the stock leveled out up around 130% from $0.18 to $0.42. Life over on the pink sheets was a little less exciting, as there were not to many issues to be found below a buck at or near the top of the most actives list. ERUG advanced 23% on close to 500 trades after citing the previous afternoon some studies indicating that emergency rooms in the U.S. and everything that goes with them are in crisis mode. This would be good for them since they operate ER Urgent Care Centers in the South Florida area, and proclaim that they create a win-win situation for everyone, filling the financial and service gap between primary care physicians (PCPs) and hospital emergency rooms. In other Pink Sheet news, LVTI, a growing online dating company, plummeted 23% after news that Pauly Shore will be endorsing Luvoo.com radio stations across the country. We will keep the jokes to ourself for the time being. Overall, we would fully expect today to be one of the slowest trading days of the year so far for unlisted penny stocks. |
| DOW |
| NASDAQ |
| S&P 500 FUTURES |
| Chart of the Day |
| OIL |
| GOLD |
| More |
(TM) filter system has produced filtration efficiencies of "greater than 99.99%" at a particulate size of 0.027 microns. Its initial products were developed for the medical market: the Vapor Isolation Valve(TM) and RespAide(R) CPR Isolation Mask used for resuscitation of respiratory/cardiac arrest cases; and the 2H Breathing Circuit Filter for ventilators, respirators and anesthesia circuitry. Each has received FDA approval. The company also markets an Automated External Defibrillator Prep Kit featuring RespAide; and the NanoMask(R), a nanotechnology enhanced environmental mask. In addition to filtration products, the company supplies Superstat(R), a modified hemostatic collagen, to the U.S. military for surgery and extreme wound care. |
Micro Cap Trading Ideas
Our Portfolio
| Current Overview |
| Close to Next Buy |
| Close to Next Sell |
| Nuetral |
| APOLO GOLD & ENERGY (APLL) |
Portfolio %: 5.7% Portfolio % Range: 5.8-10% Next Buy: $0.076 (6% of Portfolio Value) |
| Todays Action Refresh |
|
| Active Trading Idea of the Day |
| CYTOCORP INC (MCDG) |
Portfolio %: 7.1% Portfolio % Range: 6.7-7.5% Next Buy: $0.135 (7% of Portfolio Value) |
| Todays Action Refresh |
|
| MATERIAL TECHNOLOGIES INC (MTNA) |
Portfolio %: 5.9% Portfolio % Range: 5.9-6.1% Next Buy: $0.079 (7% of Portfolio Value) |
reliable range trader for well over a year now, yesterdays burst of activity has us considering a different play, one that is much more active. The stock gapped up well before a press release came out with a relatively boring story, indicating that other factors may be at play. The stock slid lower all day, but found support at $0.015, which is where support has been for some time. We would look for this stock to possibly be an active trader today, in addition to XKEM, VRDM and IPDT, and with the stock floating right around it's support level, a buy could be rewarded with a quick 50% bounce or so. |
| Todays Action Refresh |
|
| GOLDEN PHOENIX MINERALS (GPXM) |
Portfolio %: 6.9% Portfolio % Range: 6.5-7.2% Next Buy: $0.295 (7% of Portfolio Value) |
| Todays Action Refresh |
|
| MOBILEPRO CORP (MOBL) |
Portfolio %: 19.6% Portfolio % Range: 6.6-31.6% Next Buy: N/A |
| Todays Action Refresh |
| Potential Mid-Term Range Trader of the Day |
|
| Todays Potential Moves |
After adding a new position, MTNA, earlier in the week, our portfolio now stands relatively heavily weighted in stocks as opposed to cash, but there is still plenty of room to add a new position yet again sometime soon, even without disposing of anything. Our primary reason for being this aggressive, is that we always tend to see bottoms being formed around this time of year. We will continue to watch our Outside the Portfolio Watch list below for one specific issue to become extremely attractive. APLL Should the slow moves of this stock coupled with the extremely low volume of late continue, we will likely be looking to dispose of this position sometime fairly soon. MCDG News of a positive shareholder meeting from this company did little to move the stock. Currently, we believe that despite the weak action and slow trade we have seen essentially ever since getting involved with this position is more than tolerable, considering the way this stock continues to stay pressed up right at the top of a fairly long term trading range, seemingly just waiting to bust through. The stock also remains fundamentally sound at this price range, and we yet to see any dilution despite the higher price. MTNA As a brand new position to the portfolio, we may have a shorter time horizon than the other positions, but will need to be patient for now. So far, liquidity has held up quite well since our purchase, which may be due to a lot of promotion for the stock over the past couple of days, but we will have to see. GPXM We continue to wait for another pop in the price of Gold, and we believe that this stock is very well positioned should that occur. MOBL Once again, we believe this stock is extremely cheap at these levels. We also expect to see some appreciation next week either leading up to their conference cal, or on Friday immediately following the call and earnings release. This company brings in more revenues that 99% of companies in the unlisted world, and believe it or not is essentially profitable. |
gas company, engages in the exploration, exploitation, and production of oil and gas reserves in the Gulf of Guinea offshore of central west Africa. It has rights to working interests in exploration acreage in the Joint Development Zone between the Democratic Republic of Sao Tome and Principe, and the Federal Republic of Nigeria, as well as in the territorial waters of Sao Tome. |
| Early Morning Pre-Market Movers |
is unusual to the specific stock and could potentially be big movers throughout the trading day. This list is updated until 9:30 AM EST. Refresh KLUCQ, IMDS, SLGLF, VNBL, STTC, HISC, NNLX, PLNI, ATWT, ERUG, GBTH, HRNS |
| Most Active Issues Within 15% Of |
| 52 WEEK HIGH |
| 52 WEEK LOW |
| OTC BB |
| ENSY TKAT TLEI CYNS LEXP |
| TAOL GSPG IGAI IDCO AVNA |
| Pink Sheets |
| Last Five Moves |
| SMMW VCOR MBAW CRNM PDCD |
| WTAF MGMX KLGE TGLE ABEW |
6/13/06 Added new position GPXM with 7% of portfolio at $.39. 6/9/06 Took profits in remainder of position in FSRT at our profitable stop loss of $. 595. Cost basis $0.39. Two original buys totaled at 14% of portfolio value. 6/7/06 Took profits from half of position in FSRT above $0.535. Cost basis $0.39. Added to our position in FSRT. |
| Screen of the Day |
DMDVX XCHX ELST UAMY Possible dollar breakouts: OTC BB issues trading between $.60 and $.80 that are within 25% of a 52 week high doing at least 25% more trades yesterday than their 20 day moving average. |
| Outside the Portfolio Watchlist |
are listed with what we believe to be the most promising on top. For a stock to become attractive enough for the portfolio, we will need to see it towards the top of this list for a reasonable period of time. SGLS UPZS XKEM IGAI GZFX HLEG LGMBE AOOR NEOM PTSC CHDT CBAY SMTR PAYD CHID SMTR BUGS VRDM SSSU BRVO |
Learning Center
One way to forecast tops and know when to take profits is a simple volume technique that works very well with penny stocks in short and long term time frames. When their is a big play and an issue runs up with heavy activity, watch for the volume to drop off. It almost always drops off to practically nothing while prices remain high. This is the time to move quickly because when volume comes back it almost always plummets as fast as it came up. Determining how the stock trades and what the float is will help you find the right time frame but generally it will be know longer than a daily chart and no shorter than a five minute one. |
More Resources
OTC BB Pink Sheets OTCBBTrader Knobias SmallCapCenter Other Favorites Yahoo Finance StockCharts.com Google Finance |
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| Thursday, June 22, 2006 Penny Stocks Daily Posted 8:59:32 AM EDT |
Major Market Perspective
Micro Cap Review
| Yesterday's Highlights |
among stocks above a dollar. Stocks below a buck were actually even slower than the previous session, and there are two clear reasons why this occurred. Oil saw another reasonable advance on lower than expected inventories, and an ever increasing majority of unlisted energy companies have risen above a dollar over the past year. The pink sheets saw a few thousand more trades than normal thanks to GHLT, which plummeted almost 40% on profit taking after the stock ran from a dollar to nine bucks. $5.00 does not mean that this stock is cheap, and the fact that they are in the process of seeking a "listing" on the OTC BB should continue to add volatility. As we move down the list from this stock that did over 4000 trades, we see XSNX at around a dollar and over 700 trades. This stock looks to continue holding up support at a dollar which it has done nicely since it broke through early on this year. This stock would likely be a buy for us if it were a little bit cheaper. We know most of the stories behind the next few stocks under a dollar posting around 500 trades each, XKEM, PTSC, and VRDM. Pink Sheet NDOL rose 25% on 518 trades due to a perfect storm of rising Oil prices and their announcement that they won the tender for the acquisition of the Magma Oil fields which will increase their production by 7 million barrels a year. Another stock worth mentioning is FHAL, which added 50% to it's price after a live press conference to review operations and discuss future prospects. It may be worth listening to it to see just what all the excitement was about. |
| DOW |
| NASDAQ |
| S&P 500 FUTURES |
| Chart of the Day |
| OIL |
| GOLD |
largest seismic data libraries providing information to the North American oil and gas market. Focused on the U.S. and Canada, the company owns data in all the major exploration and production basins. Seitel continues to grow the data library using its 20 years of experience in performing seismic surveys in North America. Seitel's strengths include expertise in managing and delivering seismic data, as well as an experienced and dynamic sales and marketing team. |
| More |
Our Portfolio
Micro Cap Trading Ideas
| Current Overview |
| Close to Next Buy |
| Close to Next Sell |
| Nuetral |
| APOLO GOLD & ENERGY (APLL) |
Portfolio %: 5.8% Portfolio % Range: 5.8-10% Next Buy: $0.076 (6% of Portfolio Value) |
| Todays Action Refresh |
|
| CYTOCORP INC (MCDG) |
Portfolio %: 7.1% Portfolio % Range: 6.7-7.5% Next Buy: $0.135 (7% of Portfolio Value) |
| Todays Action Refresh |
|
| MATERIAL TECHNOLOGIES INC (MTNA) |
| Active Trading Idea of the Day |
Portfolio %: 6% Portfolio % Range: 6.9-7.1% Next Buy: $0.079 (7% of Portfolio Value) |
| Todays Action Refresh |
|
| GOLDEN PHOENIX MINERALS (GPXM) |
Portfolio %: 7.1% Portfolio % Range: 6.5-7% Next Buy: $0.295 (7% of Portfolio Value) |
| Todays Action Refresh |
ARET, could allow some easy conditions, although they will need to be manual ones. The company has a few million shares outstanding, and is about to be bought out under unknown terms so an extremely short term time horizon will be needed. Should the stock find solid support at a penny, we would look for a 20-40% bounce. A quick dip below a penny, however would need a bit more patience, and could hint to the possibility of an even more rapid decline. |
|
| MOBILEPRO CORP (MOBL) |
Portfolio %: 19.7% Portfolio % Range: 6.6-31.6% Next Buy: N/A |
| Todays Action Refresh |
|
| Todays Potential Moves |
We were able to add a new position to the portfolio yesterday in MTNA, which barley hovered at our buy target a couple of times early in the session. We now stand comfortably weighted with respect to the amount of cash versus stocks in our high risk Penny Stock Portfolio. All of our current positions are trading in a somewhat tight range, and have yet to threaten any of our conditions. For the rest of this week, we will be focusing in on another new buy from our list below, and at least narrow it down a bit, as well as some tightening of a few of our current buy and sell points. APLL After testing support at a dime time and time again, and breeching it but just barely, we continue to like the possibilities in this stock. For now, we will leave our conditions in tact, as we would not mind adding to the position on a pullback from here, and will be ready to take profits on a one or two day rally spurred by the first major rebound for commodities. MCDG There has been no real news for this stock since we got involved a few weeks ago. This stocks persistence to remain very close to a two year high for a couple of months now in addition to a tightening flag type pattern that is converging to the upper end of an increasingly tight range leads us to believe that this stock may be ready to pop sometime soon. MTNA We added this stock first thing in the morning yesterday, as we feel that technically speaking, the stock could see a quick jump to the upside, with support holding up somewhere close to a dime. Nevertheless, our weight is slightly lower than normal, mainly die to the lack of fundamentals and our shorter time horizon. Currently, the stock is the most actively traded in our portfolio. GPXM With no stories or filings since we got on board early last week, we have continues to see it move right along with commodity prices. This stock chart looks almost exactly like APLL's, although with a bit more volatility in the stock, will require a different strategy. In addition to our current conditions, we also expect this to be a relatively short lived trade. MOBL News this morning is that the company will release its fiscal 2006 fourth quarter and year-end results on Thursday, June 29. The company will hold a conference call at 4:15 p.m. with Chairman and CEO Jay Wright and President and COO Jerry Sullivan on the same day to discuss the results and take shareholder questions. |
| Potential Mid-Term Range Trader of the Day |
last year, BRVO has been consolidating between $0.50 and $.80 for some time now. Should the stock get a little cheaper, we would consider a buy with a time horizon of no more than a month or two. |
| Early Morning Pre-Market Movers |
is unusual to the specific stock and could potentially be big movers throughout the trading day. This list is updated until 9:30 AM EST. Refresh ISMN, ETGMF, SLGLF, NWTMF, ACMG, SMMW, IPMG, ERUG, COPY, CCRE, ACCP, LTWV, SYMD, TPDI |
| Most Active Issues Within 15% Of |
| 52 WEEK HIGH |
| 52 WEEK LOW |
| OTC BB |
| ENSY TKAT TLEI CYNS LEXP |
| TAOL GSPG IGAI IDCO AVNA |
| Pink Sheets |
| SMMW VCOR MBAW CRNM PDCD |
| WTAF MGMX KLGE TGLE ABEW |
| Last Five Moves |
6/13/06 Added new position GPXM with 7% of portfolio at $.39. 6/9/06 Took profits in remainder of position in FSRT at our profitable stop loss of $. 595. Cost basis $0.39. Two original buys totaled at 14% of portfolio value. 6/7/06 Took profits from half of position in FSRT above $0.535. Cost basis $0.39. Added to our position in FSRT. |
| Screen of the Day |
DMDVX XCHX ELST UAMY Possible dollar breakouts: OTC BB issues trading between $.60 and $.80 that are within 25% of a 52 week high doing at least 25% more trades yesterday than their 20 day moving average. |
| Outside the Portfolio Watchlist |
are listed with what we believe to be the most promising on top. For a stock to become attractive enough for the portfolio, we will need to see it towards the top of this list for a reasonable period of time. SGLS UPZS XKEM IGAI GZFX HLEG LGMBE AOOR NEOM PTSC CHDT CBAY SMTR PAYD CHID SMTR GZFX VRDM SSSU |
Learning Center
Stock charts will tell you everything you need to know about where a stock has been in the past. Unfortunately, they tell you absolutely nothing about where it will be going in the future. What they do offer are probabilities, and making trading decisions based on charts should be considered only if the probabilities are in you favor. One probability that is time tested is not fighting the tape, and even though there may only be a 51% chance that the chart will continue in the same general direction, it is still a majority. Also, consider that the probabilities apparent in the a specific stocks life can be weighted as more substantive than a general chart pattern. Most of all, at a bare minimum, read the story or Filing that initially caused the movement that caught your eye, and if there is no news, at least try and figure out why the move occurred. These should be minimum requirements for day trading Penny Stocks, and much more rigorous attention should be applied to longer time horizons. The only time trading on charts alone would be appropriate would be with rapidly trading blue chips or ETF's. We believe that the added element to Penny Stocks make for a much more exciting and rewarding active trading experience, and it should be a given that the extra risk is compensated by the smaller account size. |
More Resources
OTC BB Pink Sheets OTCBBTrader Knobias SmallCapCenter Other Favorites Yahoo Finance StockCharts.com Google Finance |
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| Wednesday, June 21, 2006 Penny Stocks Daily Posted 9:33:81 AM EDT |
Major Market Perspective
Micro Cap Review
| DOW |
| Yesterday's Highlights |
Pink Sheet and one Bulletin Board. Both of which were not exactly on our radar, however, as they are both priced well above a buck. VRDM showed the biggest action in true Penny Stock land, and was one of only two stocks below a dollar to do more than 500 trades, again proving that the Summer slow down is well under way. The stock saw a 60+% gain on tremendous accumulation on everything from the stock being oversold to positive press for ethanol to good old fashioned momentum. This stock will likely be an active trader today as well. The other issue to do this was also a bulletin board, PAYD, which has seen a ton of trades over the past couple of weeks as well but continues to slide towards some possible support at around $.40. Another relatively big story in the unlisted world came from pink sheet company HealthSonix Inc, HSXI, which acquired a private operating subsidiary and commenced trading. Investors pushed the stock up by almost 60% on over 400 trades, not to shabby for its first day of trade. Oil continues lower this morning, and we are beginning to see Gold stabilize in a bit of contradictory fashion. Both of these commodities continue to add an element of underlying support to the OTC market place, and it's recent moves lower can easily be blamed for 50% of the recent slowdown, and it will be important to keep an eye on both of them. |
| NASDAQ |
| S&P 500 FUTURES |
| Chart of the Day |
| OIL |
| GOLD |
network switching architectures, all standards based, that benefit networks that provide newer latency-sensitive services such as video, VoIP, high speed storage and the like. This patent-pending Distributed Network Switching Technology blurs the distinction between core switching and edge switching, enabling network build outs and performance upgrades of traditional chassis-based installations in a highly cost effective manner. |
| More |
Our Portfolio
| Current Overview |
| Close to Next Buy |
| Close to Next Sell |
| Nuetral |
Micro Cap Trading Ideas
| APOLO GOLD & ENERGY (APLL) |
Portfolio %: 5.8% Portfolio % Range: 5.8-10% Next Buy: $0.076 (6% of Portfolio Value) |
|
| CYTOCORP INC (MCDG) |
Portfolio %: 7.1% Portfolio % Range: 6.7-7.5% Next Buy: $0.135 (7% of Portfolio Value) |
|
| Active Trading Idea of the Day |
| GOLDEN PHOENIX MINERALS (GPXM) |
Portfolio %: 7.1% Portfolio % Range: 6.5-7% Next Buy: $0.295 (7% of Portfolio Value) |
|
| MOBLILEPRO CORP (MOBL) |
Portfolio %: 19.7% Portfolio % Range: 6.6-31.6% Next Buy: N/A |
videogame of 2006 featuring the Fonix VoiceIn (R) Game Edition voice recognition interface for the Xbox(R), PlayStation(R)2 and PC platforms hit Retail Shelves Yesterday |
|
| Todays Potential Moves |
We have settled on MTNA as our brand new addition to the portfolio today and are looking at a 6% weight and a buy if and only if we can get shares for less than a dime, which includes $0.9999. APLL After testing support at a dime time and time again, and breeching it but just barely, we continue to like the possibilities in this stock. For now, we will leave our conditions in tact, as we would not mind adding to the position on a pullback from here, and will be ready to take profits on a one or two day rally spurred by the first major rebound for commodities. MCDG There has been no real news for this stock since we got involved a few weeks ago. This stocks persistence to remain very close to a two year high for a couple of months now in addition to a tightening flag type pattern that is converging to the upper end of an increasingly tight range leads us to believe that this stock may be ready to pop sometime soon. GPXM With no stories or filings since we got on board early last week, we have continues to see it move right along with commodity prices. This stock chart looks almost exactly like APLL's, although with a bit more volatility in the stock, will require a different strategy. In addition to our current conditions, we also expect this to be a relatively short lived trade. MOBL News this morning is that the company will release its fiscal 2006 fourth quarter and year-end results on Thursday, June 29. The company will hold a conference call at 4:15 p.m. with Chairman and CEO Jay Wright and President and COO Jerry Sullivan on the same day to discuss the results and take shareholder questions. |
| Potential Mid-Term Range Trader of the Day |
Corporation, GSHF, whose mission is to develop and support companies and technologies that facilitate the efficient use of natural resources and catalyze transformational environmental gains. |
| Early Morning Pre-Market Movers |
is unusual to the specific stock and could potentially be big movers throughout the trading day. This list is updated until 9:30 AM EST. IMGM, KLUCQ, MSEV |
| Last Five Moves |
6/9/06 Took profits in remainder of position in FSRT at our profitable stop loss of $. 595. Cost basis $0.39. Two original buys totaled at 14% of portfolio value. 6/7/06 Took profits from half of position in FSRT above $0.535. Cost basis $0.39. Added to our position in FSRT. Stopped out of entire position in ETLT. |
| Most Active Issues Within 15% Of |
| 52 WEEK HIGH |
| 52 WEEK LOW |
| OTC BB |
| INFX KWBT TLEI PRGF TSSW |
| SGIDE CHMD ONEV USEI ACKHQ |
| Outside the Portfolio Watchlist |
| Pink Sheets |
are listed with what we believe to be the most promising on top. For a stock to become attractive enough for the portfolio, we will need to see it towards the top of this list for a reasonable period of time. GZFX HLEG SGLS UPZS XKEM IGAI LGMBE AOOR NEOM PTSC SMTR PAYD CHID SMTR GZFX VRDM SSSU |
| LVTI VASO GWRX POGI PURH |
| MGMX SMMW SNFX VASO CSJJ |
| Screen of the Day |
VRDM FGFC IMNR MGMX CHID CPNLQ
and below doing the most number of trades on the OTC BB and PINK SHEETS. |
More Resources
OTC BB Pink Sheets OTCBBTrader Knobias SmallCapCenter Other Favorites Yahoo Finance StockCharts.com Google Finance |
Learning Center
Although we don't suggest watching for news story's from your companies every minute of every day, you do need to keep an eye out for very bad news. We never buy on good news and even more rarely buy on bad news. If you do happen to catch a fundamentally destructive news story in a stock you are in, do not be afraid to sell immediately. In the OTC BB, story's typically take from twenty minutes to two days to play out. If you miss the story be ready to take advantage of the dead cat bounce that is likely to follow. Most of the time you can get away with a small profit and then be out of the stock completely for the slow downdraft that will probably continue. We only buy on no news which hopefully gives us an advantage. |
PennyStocksWeekly.com Supplement your daily subscription with our weekend edition! Five unbiased picks delivered every Sunday plus much more! Sign up now! |
| Tuesday, June 20, 2006 Penny Stocks Daily Posted 9:19:11 AM EDT |
Major Market Perspective
Micro Cap Review
| S&P 500 Futures |
| Yesterday's Highlights |
| OIL |
| GOLD |
| Chart of the Day |
| More |
Micro Cap Trading Ideas
| Active Trading Idea of the Day |
sparkling flavoured waters. Which are distributed in the United States, Canada and various other countries. Since its inception, the Clearly Canadian brand has sold over 90 million cases equating to over 2 billion bottles worldwide. |
Our Portfolio
| Current Overview |
| Close to Next Buy |
| Close to Next Sell |
| Nuetral |
positive action very late in yesterdays session, which could easily carry forward to this morning. Either way, this stock will likely be one of the most heavily traded today at this price range. |
| APOLO GOLD & ENERGY (APLL) |
Portfolio %: 5.8% Portfolio % Range: 5.8-10% Next Buy: $0.076 (6% of Portfolio Value) |
|
| CYTOCORP INC (MCDG) |
Portfolio %: 7.1% Portfolio % Range: 6.7-7.5% Next Buy: $0.135 (7% of Portfolio Value) |
| Potential Mid-Term Range Trader of the Day |
|
| GOLDEN PHOENIX MINERALS (GPXM) |
Portfolio %: 7.1% Portfolio % Range: 6.5-7% Next Buy: $0.295 (7% of Portfolio Value) |
|
opportunities in positron emission tomography (PET) manufacturing and the diagnosis of cancer, heart disease and neurological diseases. |
| MOBLILEPRO CORP (MOBL) |
Portfolio %: 19.8% Portfolio % Range: 6.6-31.6% Next Buy: N/A |
|
| Todays Potential Moves |
| Early Morning Pre-Market Movers |
We continue to hone in on a possible new addition sometime very soon, and have not changed any conditions in the portfolio, and we continue to watch as a few issues get closer and closer to one of these price points. With bottoms being found all over the unlisted world over the next week or so, we will definitely be looking to add at least one new position to the portfolio. We will likely be looking at lower priced issues to add a little bit of much needed risk and volatility to our relatively stable portfolio. Fortunately we have plenty of cash available as opposed to stocks, and a new addition can occur early this week, even if we do not dispose of anything else. APLL After testing support at a dime time and time again, and breeching it but just barely, we continue to like the possibilities in this stock. For now, we will leave our conditions in tact, as we would not mind adding to the position on a pullback from here, and will be ready to take profits on a one or two day rally spurred by the first major rebound for commodities. MCDG There has been no real news for this stock since we got involved a few weeks ago. This stocks persistence to remain very close to a two year high for a couple of months now in addition to a tightening flag type pattern that is converging to the upper end of an increasingly tight range leads us to believe that this stock may be ready to pop sometime soon. GPXM With no stories or filings since we got on board early last week, we have continues to see it move right along with commodity prices. This stock chart looks almost exactly like APLL's, although with a bit more volatility in the stock, will require a different strategy. In addition to our current conditions, we also expect this to be a relatively short lived trade. MOBL As this stock continues to consolidate at extremely low levels, we continue to see plenty of liquidity, and if we were not as heavily weighted as we currently are we would be adding to the position at these levels. As we continue to see a slow down in the unlisted world for the Summer, this stock may be a stalwart for the portfolio going forward, a kind of slow and steady gainer. This has been a long term holding, and will likely remain that way. |
between that is unusual to the specific stock and could potentially be big movers throughout the trading day. This list is updated until 9:30 AM EST. CRGOE, TPLE, BIPH, DOIG, ETNW, JRAK, GSPI, |
| Most Active Issues Within 15% Of |
| 52 WEEK HIGH |
| 52 WEEK LOW |
| OTC BB |
| INFX KWBT TLEI PRGF TSSW |
| SGIDE CHMD ONEV USEI ACKHQ |
| Pink Sheets |
| LVTI VASO GWRX POGI PURH |
| MGMX SMMW SNFX VASO CSJJ |
| Screen of the Day |
IGAI SSSU IMNR SEVI Low priced stocks with even lower floats: Most active issues below $.10 with less than 200 million shares outstanding trading on the OTC BB. |
Learning Center
Candlestick charts can be a very effective important to use them properly and over a correct time frame. Typically we use weekly candles but some penny stocks will work just fine with daily charts. Only look for patterns or traditional formations when the market is in extreme over bought or over sold levels. The bullish or bearish engulfing patterns are very reliable when RSI or MACD are very high or low on weekly charts. These are large candles that overshadow the last few and come right at the top or bottom. We particularly like the fact that these charts use logic and information that we already know, but put it in an abstract for easy use. Just be careful not to let these charts create emotions. Black and white are a lot better colors to use than red and green. |
| Last Five Moves |
6/9/06 Took profits in remainder of position in FSRT at our profitable stop loss of $. 595. Cost basis $0.39. Two original buys totaled at 14% of portfolio value. 6/7/06 Took profits from half of position in FSRT above $0.535. Cost basis $0.39. Added to our position in FSRT. Stopped out of entire position in ETLT. |
| Outside the Portfolio Watchlist |
are listed with what we believe to be the most promising on top. For a stock to become attractive enough for the portfolio, we will need to see it towards the top of this list for a reasonable period of time. MTNA SSSU GZFX HLEG SGLS UPZS XKEM IGAI LGMBE AOOR NEOM PTSC SMTR PAYD CHID SMTR GZFX VRDM |
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| Monday, June 19, 2006 Penny Stocks Daily Posted 9:09:33 AM EDT |
Major Market Perspective
Micro Cap Review
| S&P 500 Futures |
| Yesterday's Highlights |
heels. Only two stocks on Friday managed more than a 1000 trades, pink sheet equity GHLT and OTC BB stock MDFI. Neither one of these stocks are priced below a buck, and in fact, on both of these non exchanges, we only saw two stocks below a buck manage more than 500 trades, familiar faces XKEM (OTC BB) and EAGM (Pink). Beyond that, with commodity prices continuing to drop on very low volume compared to the last few months, finding the winning sectors is begin to prove extremely difficult, at least in the short term. IGIA had a stellar day after the company reported revenues of $25,532,151 for fiscal year ended February 28, 2006; a 125.5% increase compared to $11,324,450 in revenues for fiscal year ended February 28, 2005. Gross profit for fiscal 2006 was $16,163,879 or a 63.3% gross margin, compared to a fiscal 2005 loss of $234,146 or a (2.1%) gross loss. Monday mornings tend to be just as slow as Fridays, and today should be no exception. |
| OIL |
| Chart of the Day |
| GOLD |
| More |
Micro Cap Trading Ideas
owns a 40% interest in the El Capitan property located near Capitan, New Mexico as well as a joint venture and 20% ownership of 13 mining claims and other assets known as the C.O.D. mine located near Kingman, Arizona |
Our Portfolio
| Active Trading Idea of the Day |
| Current Overview |
| Close to Next Buy |
| Close to Next Sell |
| Nuetral |
| APOLO GOLD & ENERGY (APLL) |
Portfolio %: 5.8% Portfolio % Range: 5.8-10% Next Buy: $0.076 (6% of Portfolio Value) |
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| CYTOCORP INC (MCDG) |
drop on Friday thanks to some good old fashioned profit taking. This start up Pizza and Sub franchise has had some great news recently, and has experienced a steady increase over the past month by a few thousand percentage points. The stock has also seen a steady increase in volume during the same time period. Fridays pullback could settle out over the next trading session or two, allowing for a buy with a potentially quick target of 25-50% or so. |
Portfolio %: 7.1% Portfolio % Range: 6.7-7.5% Next Buy: $0.135 (7% of Portfolio Value) |
|
| GOLDEN PHOENIX MINERALS (GPXM) |
Portfolio %: 7.1% Portfolio % Range: 6.5-7% Next Buy: $0.295 (7% of Portfolio Value) |
|
| MOBLILEPRO CORP (MOBL) |
| Potential Mid-Term Range Trader of the Day |
Portfolio %: 19.8% Portfolio % Range: 6.6-31.6% Next Buy: N/A |
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| Todays Potential Moves |
We have not changed any conditions in the portfolio, and we continue to watch as a few issues get closer and closer to one of these price points. With bottoms being found all over the unlisted world over the next week or so, we will definitely be looking to add at least one new position to the portfolio. We will likely be looking at lower priced issues to add a little bit of much needed risk and volatility to our relatively stable portfolio. Fortunately we have plenty of cash available as opposed to stocks, and a new addition can occur early this week, even if we do not dispose of anything else. APLL After testing support at a dime time and time again, and breeching it but just barely, we continue to like the possibilities in this stock. For now, we will leave our conditions in tact, as we would not mind adding to the position on a pullback from here, and will be ready to take profits on a one or two day rally spurred by the first major rebound for commodities. MCDG There has been no real news for this stock since we got involved a few weeks ago. This stocks persistence to remain very close to a two year high for a couple of months now in addition to a tightening flag type pattern that is converging to the upper end of an increasingly tight range leads us to believe that this stock may be ready to pop sometime soon. GPXM With no stories or filings since we got on board early last week, we have continues to see it move right along with commodity prices. This stock chart looks almost exactly like APLL's, although with a bit more volatility in the stock, will require a different strategy. In addition to our current conditions, we also expect this to be a relatively short lived trade. MOBL As this stock continues to consolidate at extremely low levels, we continue to see plenty of liquidity, and if we were not as heavily weighted as we currently are we would be adding to the position at these levels. As we continue to see a slow down in the unlisted world for the Summer, this stock may be a stalwart for the portfolio going forward, a kind of slow and steady gainer. This has been a long term holding, and will likely remain that way. |
rental industrial continues to slowly develop, their may soon be plenty of room for some competition going forward. GZFX is well positioned to benefit should this occur, and may be starting to get relatively cheap. The stock has bounced time and time again from this territory, however, care will need to be taken as this stock certainly does have a lot of shares outstanding. A shorter term horizon, as well as a close eye kept on fundamental news developments and liquidity would all be advised. |
| Early Morning Pre-Market Movers |
between that is unusual to the specific stock and could potentially be big movers throughout the trading day. This list is updated until 9:30 AM EST. EEGC, GDRHA, SLGLF, BLRV |
| Most Active Issues Within 15% Of |
| 52 WEEK HIGH |
| 52 WEEK LOW |
| OTC BB |
| INFX KWBT TLEI PRGF TSSW |
| SGIDE CHMD ONEV USEI ACKHQ |
| Last Five Moves |
6/9/06 Took profits in remainder of position in FSRT at our profitable stop loss of $. 595. Cost basis $0.39. Two original buys totaled at 14% of portfolio value. 6/7/06 Took profits from half of position in FSRT above $0.535. Cost basis $0.39. Added to our position in FSRT. Stopped out of entire position in ETLT. |
| Pink Sheets |
| LVTI VASO GWRX POGI PURH |
| MGMX SMMW SNFX VASO CSJJ |
| Screen of the Day |
IGAI SSSU IMNR SEVI Low priced stocks with even lower floats: Most active issues below $.10 with less than 200 million shares outstanding trading on the OTC BB. |
| Outside the Portfolio Watchlist |
are listed with what we believe to be the most promising on top. For a stock to become attractive enough for the portfolio, we will need to see it towards the top of this list for a reasonable period of time. MTNA SSSU SGLS UPZS XKEM IGAI LGMBE AOOR NEOM PTSC SMTR PAYD CHID SMTR GZFX VRDM |
Learning Center
It is important to follow the major market indices's although not just the DOW and NASDAQ. We have not found a helpful and unbiased index for micro caps, so we follow the Russell 2000 as a kind of higher risk measurement. Over the long term penny stocks will follow the same pattern as the overall market but on a day to day basis, they tend to lag a little behind. Watch for heavily traded OTC BB stocks to rise when broader markets are selling off. We call this the dumb money effect, traders take their profits to riskier issues in an attempt to push their luck |
More Resources
OTC BB Pink Sheets OTCBBTrader Knobias SmallCapCenter Other Favorites Yahoo Finance StockCharts.com Google Finance |
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months when it was topping out at around 75 million. Despite this tremendous slowdown, price action has remained relatively stable, and the average price of these same equities is at $0.2949, which is only fractionally below the $0.30 or $0.31 peak we saw in the winter. This gives us an idea of where trading is, and we may see a little more action within the bulk of the trading week, but we can expect the slow trade for a couple of months yet. This is by no means a bad thing, it just means that we need to be aware of what is occurring, and make adjustments as needed. So far this morning we have seen a spike in the price of Oil and to a lesser extent, Gold, which will both likely add some volatility to the Penny Stock Markets. The biggest story of the day yesterday was easily HLEG, which saw a 210% advance on some intense follow through buying from the previous session. The original attention came when the company announced on Friday their first quarter results for 2006, reporting that revenues increased by over 300% when compared to the same period in 2005. Environmental company VRDM continues to lose ground after positive ethanol press sent the stock exponentially higher a couple of months ago, and is now threatening to break back below a nickel which is around where it began. BioTech firm XKEM continues to show positive activity, and although it has broken above the two previous spikes to new 52 week high territory, it could very well be just about to peak. Again, as we enter the more active trading days of the week, we would expect to see at least a couple of Penny Stocks manage more than 1000 trades, which was not the case yesterday or Friday. |