Positron Corp. (OTC: POSC) is up 0.48% to $0.210. POSC chairman Patrick Rooney has confirmed in an interview with BioMedReports that while his company will be profitable this year, he sees much more profitability in the coming years. (OTC:POSC), ($POSC)
I like POSC. I just don’t know if I trust this run up. POSC has some really nice technology, but a lot of obstacles to profitability. Capital equipment of the type that they manufacture is exactly “flying off the shelves”. And, POSC seems to be Tim Sykes favorite short these days.
Sykes is calling the company and its viability into serious question. In my opinion, this will be a 5 cent stock again before it is a $1.00 stock.
Six Flags Inc. (OTC: SIXFQ) is down 37.75% on above-average volume. (OTC:SIXFQ), ($SIXFQ)
I told you so! Common shareholders are getting the shaft and the only direction for the shares is down!
SCI Engineered Materials Inc. (OTC: SCIA) $3.00 0.00% The company has announced significantly improved financial results for the first quarter., with revenues rising 18%, and earnings per diluted share coming in at $0.03 per share. (OTC:SCIA), ($SCIA)
Nice company, nice profits report…nobody cares! Even with this great news, the stock only traded 5,000 shares
Proton Laboratories Inc. (OTC: PLBI) is up 6.67% on very strong volume. The company has recently said that it has posted additional information on OTCMarkets.com. (OTC:PLBI), ($PLBI)
Not much gong on with PLBI. Technical indicators and trend are negative. I looked for the info on OTC markets but didn’t find any. This is a “Caveat Emptor” company, so be careful
Wellstar International Inc. (OTC: WLSI) is down 12.50% on above average volume. (OTC:WLSI), ($WLSI)
Lecere Corp. (PINK: LCRE) is down 22.22% to $0.0014. The company has said that it will begin a pilot project on May 3 to evaluate its initial SaaS Point of Sales offering at Nepo 42 in Portland, Oregon. (PINK:LCRE), ($LCRE)
Big Bear Mining Corp. (OTC: BGBR) is down 6.45% to $1.16. The company has announced that it has engaged Billiken Management Services to provide a comprehensive work program on all its properties in the Red Lake District. (OTC:BGBR), ($BGBR)
Ivoice Inc. (OTC: IVOI) is down 25.00% to $0.0003. (OTC: IVOI), ($IVOI)
Artfest International Inc. (OTC: ARTS) is down 4.26% to $0.0045. The company has said that it has signed an exclusive agreement for the release of Limited Edition licensed commemorative sports coins through its subsidiary, Artfest Direct. (OTC:ARTS), ($ARTS)
Call it a hunch, but I think that ARTS is a stock that you should put on your radar list. I never call a bottom, but ARTS is sitting on support and I think could have a bounce in it.
ARTS tries really hard to make traders love them with lots of “important” PR’s . The latest PR claims that ARTS projects annual revenues of approximately $60 Million to $80 Million over the next 12 months.
They have been a high-flier in the past and could be again. They have not been above doing stock promotions in the past and could again. Here is their chart…mostly bad news and negative trend, but the stock is worth watching.
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Sirius XM Radio (SIRI) has made an almost miraculous comeback from irrelevancy (and penny stock land) over the past few months. SIRI has seen its stock rise from the low $.50’s at the end of 2009 to a recent high of around $1.15 just a few days ago. This was very good news for the company. Since it was facing a NASDAQ delisting and with the stock trading above the magic $1.00 mark for a period of time, SIRI was thinking it was “scot-free”. Think again.
Last week’s drop (and this week’s continuing drop) was not surprising given the overheated condition of the stock from all indicators. It is not clear what effect short sellers had in the decline since the short squeeze had been on for many months with the advance of the stock price. SIRI fought through all of those challenges….that is until now.
SIRI has one more chance to regain compliance with NASDAQ regs if it can trade above $1.00 for 10 consecutive days before the March 15th date imposed by the exchange. I don’t see that happening. The reverse split that has been discussed seems the only option now despite management’s contention that they will be able to get a variance on appeal. NOT BLOODY LIKELY.
SIRI should have executed the reverse split when they were so strong late last year. The market was really pumped on SIRI and its progress. Institutions were buying and retail investors were very happy with the run-up. Now with a delisting notice sure to come, short sellers will be circling SIRI like sharks looking for blood. I think the short term outlook for SIRI is definitely bearish.
Here is a chart that shows what I mean.
Is SIRI a dead dog? Will shorters drive this one right back down to 50 cents (or lower) again. I don’t think so. SIRI is in a “stew of its own making”, but I think will be a good stock to buy on dips. Right now, I would hold off (unless you are shorting the stock). The boards and investor sentiment are telling me that this one has farther to fall. Retail investors might not like it when they do the reverse stock split, but IMO it is inevitable.
Do your own due diligence. It continues to be a hot topic on the boards that I monitor and it is fun to read what people write. Make up your own mind.
Good luck and good trading,
Jeffrey Dean
Editor-in-Chief
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
I must apologize first for not blogging on Monday and Tuesday, but I was on a ski trip with the family and not thinking about the markets. My alert for Monday (BLGW) is doing very well I’m happy to report.
I jumped back in to my research this morning and came across a great company that has solid prospects: Cytomedix, Inc., a leading developer of biologically active regenerative therapies for wound care, inflammation and angiogenesis:physiological process involving the growth of new blood vessels from pre-existing vessels).
GTF’s AutoloGel System utilizes a unique technology that enables rapid isolation and activation of platelet rich plasma (PRP) from a patient’s own blood. The PRP is subsequently processed to produce a gel for application to the wound bed, re-establishing a balance needed for natural healing to occur. AutoloGel contains growth factors, cytokines and chemokines that are essential for normal wound healing. The AutoloGel System is used at the point-of care and is the only PRP System indicated for use in exuding wounds such as leg ulcers, pressure ulcers, diabetic ulcers and for the management of mechanically or surgically-debrided wounds. The AutoloGel System is the only PRP system that is FDA cleared for the care of wounds.
The company is generating revenues and those revenues are increasing significantly. They have cash-in-the-bank and NO long term debt….always a positive sign for me. With the 2009 capital raise, that bought the company some time to execute on their plan. Based upon what I have seen, they have high expectations for their AutoloGel System.
The chart indicates that the stock is trading near the bottom of its most recent trading range.
I am recommending that traders put GTF on their radar screens. I think the downside risk is low, but the upside is strong.
As always, do your own due diligence.
Good luck and good trading,
Jeffrey Dean
Editor
I released this pick on my Twitter site a few days ago and have followed it since. I didn’t have time to do a blog on it until now. I think that the trend is ZAGG’s friend once again.
ZAGG was one of last year’s stock stars vaulting from $1.00 to almost $8.00. And, like most stars in the stock market, it was a “shooting star” and its fall was almost as dramatic as its rise. The stock hit a low of $2.10 just a few days ago (that is when I posted it to Twitter) and has made a strong recovery. A recovery that I think might have some legs.
This is strictly a chart play.
Oh, yeah…what does ZAGG do? ZAGG Incorporated designs, manufactures, and distributes protective coverings, audio accessories, and power solutions for consumer electronic and hand-held devices. ZAGG is solidly profitable, has cash in the bank and no debt.
Will ZAGG get hot again. Watch it and see.
Jeffrey Dean
I must admit that I am an alternative energy junkie. I love all things alternative: I love the almost infinite variety of wind, solar, biofuel, CO2 to gas technologies that are out there. Each one of them is exciting on its own merits and each has a claim to be “The One” that makes it to the next level. Could RZ be one of the winners?
Raser Technologies, Inc. (RZ - NYSE) is (from RZ’s website) an environmental energy technology company focused on geothermal power development and technology licensing.
RZ has two divisions:
RZ is making only nominal revenues with large losses every quarter. Looking through their website, press releases and 3rd party articles on them is impressive. They really appear to have some great technology and prospects. The Evergreen Clean Energy LLC joint venture seems to hold great promise. Read the release here. Evergreen, a newly-formed alternative energy fund, has agreed to fund several RZ geothermal projects in the U.S. The recent news of the appointment of a new CEO, Nick Goodman, didn’t do much for the stock, Mr. Goodman seems to have a solid resume and could be just the guy that the company needs….time will tell.
But, since we live in the real world, let’s talk RZ as it stands right now. RZ has, according to its own balance sheet, maybe two quarters of life left based upon the present cash burn. The liquidity ratios stink and the company has a great deal of debt (more than it can comfortably service along with huge R & D expenses each Q).
The chart, on its face, doesn’t offer much hope either. The prolonged bearish slide doesn’t appear to be slackening. Or does it? Candlestick chart analysis gives us some insight into the chart. Most of the sticks during this decline were long bodies or Maurbozo’s (in a declining chart, that means that sellers ruled). Buyers put little resistance and the stock was bid down every day significantly. Except, that is, for the last two days. We are actually seeing tails develop on the candles which means that buyers and sellers are struggling over the stock. In fact, yesterday’s candle shows that the sellers drove it down, but the sellers brought it back up to close near the top of its trading range. The key for RZ is to watch for confirmation that the sellers are getting “exhausted” and that the buyers are coming back in. The oversold stochastics is an important indicator, but until the MACD intensity diminishes, the stock could continue to fall.
Here is my annotated chart:
Any good news could really send this one soaring. I recommend that traders watch this one and keep it on the radar. Technology-wise, RZ appears to be a “good horse to back”. If they can get some financing for general operations and if the Evergreen deal comes through, this could be a HUGE winner.
Lots of variables, though…..
Good luck and good trading,
Jeffrey Dean
Wind power stocks have demonstrated extreme volatility over the past year and today’s blog subject, Nacel Energy, Corporation (NCEN), is no different. From an opening 2009 price of around $2.00, the stock dropped below $1.00 on two occasions only to rally back to around $1.50. August 2009 was the last high (around $1.50). The stock has declined steadily since that date to now trade around 60 cents. NCEN has not stopped churning out press releases to keep the public interested and informed, but it hasn’t seemed to work. Even November’s news of a successful capital raise didn’t do anything to raise the stock.
Let’s take the nickel tour of NCEN. According to the company, they are one of the first U.S. public companies exclusively developing utility class wind power generation facilities. NCEN’s domestic market niche is the development of 10-30 MW projects in Class 4 or higher wind corridors with favorable existing transmission infrastructure.
They have 5 projects that that are currently in some stages of completion (i.e. off the drawing board) - 4 in TX and 1 in AZ. The Company believes that they could have several of these sites “up and running” by the 3rd Q of 2010 IF things go according to plan.
The capital raise of $750,000 (press release here) was at good terms for both the investor and current shareholders. It sets a near term value for the shares of 90 cents (with discounts, the floor price could be 75 cents). The terms also includes warrants that if exercised over the life of the agreement could raise another $3 to $4 Million for the company. The market didn’t seem to care.
The chart shows a slow decline that is remarkable for how unremarkable that it has been. The price trend for the last 6 months has been down as indicated in the enclosed chart.
I NEVER attempt to call a bottom on a stock. I cannot say for sure how much farther NECN could fall, but I am going to watch it. Even though the stochastics are deeply oversold and would appear to indicate that a bounce is possible, the trend is definitely down. The old saying that “trend trumps oscillators” certainly applies here.
Having said that, I actually LIKE the company. I think that they are well positioned to succeed. The combination of wind power dynamics , a successful capital raise, an experienced management team and projects in various stages of completion makes me bullish on NCEN. By “windpower dynamics” I mean that there is a perfect storm of incentives and reasons for windpower to succeed. With government subsidies in place, alternative energy quotas being imposed on utility companies, specialized companies devoted to financing wind turbines, the chances for windpower companies like NCEN to succeed increase exponentially.
I encourage my readers to tour their website which has lots of good information in it.
This is definitely a radar stock for me.
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
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Reading a chart is sometimes like telling fortunes by reading tea leaves. You may have a rare insight into a person or a situation by reading the leaves….or, you could just be full of crap!
I don’t think I am full of “it” when I recommend my members take a look at Microvision, Inc. (MVIS). As recently as two months ago, the company’s stock hit a 52-week high of $5.75. The stock couldn’t maintain its momentum and began to give most of the gain back and then recently announced a discounted equity offering that “finished ‘em off”. It is a good thing to raise capital, but MVIS set the price for the stock with an offering priced at $3.00 (all to one institutional investor, by the way) and that predictably drove the price to that level. It has recovered slightly, but still hovers around $3.19 as of Friday.
MVIS, especially with the latest capital raise, will have a strong balance sheet. Even before this raise, the balance sheet was in good shape: Good ratios, little or no debt, cash-in-the-bank, etc… However, they are going to need every dollar with the burn rate that they are experiencing. Great technology, but markets are only just beginning to be tapped and they are still in a big R & D push.
MVIS, the company, offers a technology platform that enables next generation display and imaging products. Their main markets are displays in vehicles, projectors, wearable displays and bar code scanners. I recommend that traders check out the MVIS Website. They have some cool technology that they think will be the standard in the years to come.
I also like the chart. The stock has taken its beating with the bad news (to traders) about the capital raise and the technical indicators are looking more favorable.
MVIS is a good radar stock, IMO. The stock should be avoided for any break below the $3.05 range, but I don’t believe that it will break down. The fact that an institutional investor is willing to pony up $9.3 MM for stock in a company that doesn’t make a profit, but has nice technology (and 115 patents at last count), is pretty impressive.
Long term this might be a good stock to own, but since I live in the short-term world….look for a ‘pop” in the near term.
Do your due diligence, but I like what I see with MVIS
Good luck and good trading
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.
Cheyenne Resources Corporation (CYRS)
This is an exploration company that has a very clear focus on the quickest way to generate revenues (and, of course, profits) continue
The old axiom in automotive circles is that in order to gain power, you must sacrifice gas mileage. Another way to say it is that there is an inverse relationship between power and gas mileage.
Or, at least that USED TO BE the “old saying”.
My alert company today has developed a “game changing technology” that is operational and ready to hit the road.
That company is: NeoHydro Technologies (NHYT). continue
I love getting emails from my members and readers….I feel that the feedback makes my site better. I especially love stories from people that have traded one of my alerts or blog picks and banked! I also get lots of emails from people asking me to take a look at a stock for them. Some of them are absolute train wrecks, but others have merit.
Like today’s blog subject: Fieldpoint Petroleum Corporation (FPP). One of my readers, Jon, asked me to take a look at it. I liked what I saw. It has a real business, decent fundamentals and a great chart.
FPP is a producing oil and gas company. According to the company, they own over 300 wells in Oklahoma, Louisiana, New Mexico, Texas and Wyoming. They do a good job of press releasing so traders can get a flavor of their progress….and, they seem to be making some.
I mentioned that they were a producing oil and gas company and, when I took a look at their financials, they are not too bad. Many oil and gas producers seem to be built solely on hype. Not FPP…they actually have revenues (but no profits). Their balance sheet, while not strong, will get them through the near term.
Insiders own 38.9% of the company while there is even some institutional ownership. The company does something on their website that I have never seen before in a company like this: they have an “ethics” section on their site. A nice touch and I hope they live up to it.
What really caught my eye is the chart:
No one can say when a stock will move, but based on the chart this one looks like it might have a move in its future. The nice thing about the chart is that those moves have been multi-day moves rather than a one-day wonder.
Check out FPP. Their company website really doesn’t have a lot of information on it, but they are not shy about press releasing. I plan on watching them closely. Oil and Gas prices remain high and that should be a positive for a stock like FPP.
Good luck and good trading
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DO NOT BASE ANY INVESTMENT DECISION UPON ANY MATERIALS FOUND ON THIS REPORT. We are not registered as a securities broker-dealer or an investment adviser either with the U.S. Securities and Exchange Commission (the “SEC”) or with any state securities regulatory authority. We are neither licensed nor qualified to provide investment advice. Neither InvestorSoup.com nor its affiliates have a beneficial interest in the mentioned company; nor have they received compensation of any kind for any of the companies listed in this communication. The information contained in our report is not an offer to buy or sell securities. We distribute opinions, comments and information free of charge exclusively to individuals who wish to receive them.