Week's top picks: VTEX (Buy), NAEN (Buy) and SRNW (Buy)
It's Harmon Wetton here.
We have an exciting week coming up with three OTC Momentum stock picks. Last week subscribers earned 8% and 27% profits and the bonus pick didn't have enough shares to short. Congratulations to all those subscribers who profited last week in these tough market conditions.
OTC Momentum system thrives on volatility and we're getting a lot of that lately. Funny enough, volatile markets are just what traditional investors just hate - but OTC Momentum is built on it! How counter-intuitive do you get! It only goes to show that in tough times there are some people who make a lot of money. I am very glad we are among them.
See a detailed explanation of this week's picks below...
Kind regards
Harmon Wetton
VP Marketing: OTC Momentum
www.otcmomentum.com
Early Morning Thursday Nov 20:
Vortex Resources Corp. (VTEX) - Short-term Buy
OTC Momentum workstations alerted Mark to the high probability of profitable trades on Vortex Resources Corp. (VTEX). The stock was down 61% yesterday no HUGE volume (over 2mil compared to 140k average). Mark believes the sellers are running out of shares to sell and combined with the extraordinary volume, VTEX should see a significant rise in share price. OTC Momentum recommends subscribers buy VTEX on Thursday during the day or Friday if there's no major price movements (around $0.18) and selling on Monday during the day or at market close when volume drops down to normal levels. With huge volume, highly significant price gains are probable.
North American Energy Resources Inc. (NAEN) - Short-term Buy
OTC Momentum workstations also alerted Markt to the possibility of profitable trades on North American Energy Resources Inc. (NAEN). Yesterday's volume was significantly higher (10x average) but again the price was down 37%. Mark believes this stock needs to go up again before the sellers start again. That gives us the perfect opportunity to profit on this short term rise and then sell easily when the volume is back up. OTC Momentum recommends subscribers buy NAEN at market open on Thursday (should get it around $1.53) and sell at near market close on Monday. Short term buy and sell but a good probability of high price gains.
Stratos Renewables Corp. (SRNW) - Long-term Buy
OTC Momentum workstations picked up on Stratos Renewables Corp. (SRNW) late afternoon Wednesday. Normally the volume is quite small (4k shares) but yesterday saw 22k shares traded. This is the not the end of SRNW buying. Mark does not expect any volitility in share price but over the long run (6 months), subscribers should see significant gains in share price. OTC Momentum recommends subscribers buy SRNW on Thursay and/or Friday and holding it until it reaches at least $1.50. This could be a long-term winner the penny stock market needs.
Early Morning Thursday Nov 13:
Greenchek Technology, Inc. (GCHK.OB) - Short Term Buy
"OTC Momentum workstations alerted Mark to the high probability of profitable trades available on Greenchek Technology, Inc. (GCHK.OB). This is a short term (Thur/Fri - Mon/Tue) pick that Mark is excited about. The share price was down 7% yesterday and volume was steady at 100k shares traded. Mark believes that the volume will EXPLODE today (Thursday) and the share price should rise with it. OTC Momentum recommends buying GCHK on Thursday at market open around $0.65 and selling on Mon or Tuesday when volume drops down closer to normal. GCHK has a huge possiblity of big gains, make sure you get in early."
OTC Momentum subscribers were instructed to buy GCHK on Thursday at $0.65 and sell on Monday or whenever the volume dropped to normal levels. As predicted, GCHK volume exploded on Thursday trading 344k shares. Volume dropped down to normal levels on Friday and Monday. Some subscribers sold on Friday with the lower volume at $0.70 and others on Monday open at the same price before the price eventually dropped to $0.59. That's an 8% gain in just 2 trading days! The predicted volume explosion didn't create the huge price gains but a profitable trade is just that.
17-Nov-08 0.70 0.70 0.55 0.59 43,000 0.59
14-Nov-08 0.74 0.74 0.67 0.70 28,500 0.70
13-Nov-08 0.72 0.80 0.65 0.70 344,600 0.70
See GCHK's historical prices yourself! Recording the emails and seeing the results on a third-party website, is proof that the system works.
http://finance.yahoo.com/q/hp?s=GCHK.OB
View Systems Inc (VSYM.OB) - Short Term Buy
"OTC Momentum workstations also alerted Mark to the high possibility of profitable trades available on View Systems Inc (VSYM.OB). Share price was up 5% yesterday but volume was up almost 9x the normal volume (5k shares traded). Mark believes that the volume should stay high until early next week the price with it. Although Mark is not as enthusiastic on VSYM as he is with GCHK, profitable trades are just that, profitable. OTC Momentum recommends subscribers buy VSYM on Thursday during the day or Friday if there's no major price movements (around $0.35) and selling on Monday near close. This one could be a nice little surprise if everything works out."
OTC Momentum subscribers were instructed to buy VSYM during the day, not the open, and sell at Monday close. Mark says we were lucky on this one because if we were to buy at open rather than during the day on Thursday, we would have had a big loss. But this was not the case. Mark and a lot of subscribers were able to get it at $0.15 and sell at the Monday close of $0.19. Mark and others acheived a 27% gain! Congratulations to all those subscribers who got VSYM during the day on Thursday.
17-Nov-08 0.22 0.22 0.19 0.19 14,800 0.19
14-Nov-08 0.25 0.25 0.20 0.20 70,000 0.20
13-Nov-08 0.36 0.36 0.15 0.19 222,800 0.19
See VSYM's historical prices yourself! Recording the emails and seeing the results on a third-party website, is proof that the system works.
http://finance.yahoo.com/q/hp?s=VSYM.OB
INTERNETARRAY INC (IARY.PK) - Sell
"Last week OTC Momentum workstations alerted Mark that IARY had a high probability of going no where but down (see below). The prediction was correct. IARY has been in free fall since then and even dropping 66% yesterday. Mark believes that the free fall will continue and if you can sell these shares with your broker, you should continue to do so."
Seems like IARY shares are getting hard to find because there was no volume as of Monday afternoon. Too bad! This stock is a loser and all of those who originally sold IARY when shares were available profited big!
See IARY's historical prices yourself! Recording the emails and seeing the results on a third-party website, is proof that the system works.
http://finance.yahoo.com/q?s=IARY.PK
Early Morning Thursday Nov 6:
China Energy Recovery Inc. New (CGYV)
"OTC Momentum workstations alerted Mark to the high probability of profitable trades available on China Energy Recovery Inc. New (CGYV). Do to the OTC Momentum workstations not picking up huge volitility in the market of late for penny stocks, Mark tweaked the algorithm to detect longer term profitable trades. The first one picked up is CGYV. China Energy Recovery was up big yesterday at almost 38% on over 5x the volume. Mark believes that the upward momentum on this stock is not going away. OTC Momentum recommends buying CGYV on Thursday at open or during the day and Friday at around $1.89 and selling when it reaches $3. That's a 60% gain. Don't be discouraged if the price recedes temporarily, this is a long-term pick. Volume should stay high and continue the price climb into the near future."
OTC Momentum subscribers bought CGYV on Thursday for $1.90 near our target price of $1.89. Since then the price has fallen to $1.60. Although the price has fallen, subscribers should hold the faith and hold CGYV shares until they reach at least $3. All indicators still show upward momentum in the long term and subscribers should see this materialize at the end of the year and into the next year.
11/10/08 1.75 1.75 1.60 1.60 52,209 -0.14 -8.05%
11/7/08 1.85 1.90 1.72 1.74 26,259 -0.11 -5.95%
11/6/08 1.90 2.05 1.75 1.85 173,670 -0.04 -2.12%
11/5/08 1.37 1.91 1.17 1.89 319,179 0.52 37.96%
11/4/08 1.07 1.38 0.90 1.37 494,373 0.28 25.69%
See CGYV's historical prices yourself! Recording the emails and seeing the results on a third-party website, is proof that the system works.
http://www.hotstocked.com/companies/c/china-energy-recovery-prior-to-reverse-merger-with-poise-profit-international-ltd-CGYV-historical-prices-92729.html
Puradyn Filter Technologies Inc. (PFTI)
"OTC Momentum workstations alerted Mark to the high probability of profitable trades available on Puradyn Filter Technologies Inc. (PFTI). This is another long term pick that Mark strongly believes in. Although PFTI was down 17% yesterday, traders should send this stock skying. Volume has lately been a little higher than average but it should go up soon, sending the stock higher with it. OTC Momentum recommends buying on Thursday or Friday for $0.20 and selling when the price reaches $0.74. That's a potential 370% profit! That kind of gain is well worth the risk of holding it long term."
OTC Momentum subscribers bought shares of PFTI on Thursday for $0.20. Yesterday shares were selling for the same price. Subscribers should continue to hold PFTI until it reaches $0.74. There are still tremendous signals that indicate this stock must get to this level. If subscribers hold till then they should see a huge profit.
11/10/08 0.25 0.25 0.20 0.20 10,778 -0.04 -16.67%
11/7/08 0.20 0.25 0.20 0.24 40,000 0.04 20.00%
11/6/08 0.20 0.20 0.20 0.20 34,787 - -
See PFTI's historical prices yourself! Recording the emails and seeing the results on a third-party website, is proof that the system works.
http://www.hotstocked.com/companies/p/puradyn-filter-tech-PFTI-historical-prices-55363.html
W2 Energy Inc. New (WTWO)
"OTC Momentum workstations alerted Mark to the high probability of profitable trades available on W2 Energy Inc. New (WTWO). This is a traditional OTC Momentum short term trade (buy Thur and sell on Monday). OTC Momentum workstations analyzed this stock and believes the huge increase in volume (8x the daily average) should continue sending the price even higher. Yesterday saw a gain of 20% and those gains should continue to Monday. Mark recommends buying WTWO on Thursday and/or Friday for $0.0120 and selling on Monday near close when volume should drop. Ride the momentum on this one!"
OTC Momentum subscribers bought shares of WTWO for $0.01 on Thursay and sold on Monday for $0.008. A 20% loss. The volume increases did not hold up and WTWO saw a gradual decrease in volume since last Wednesday. Volume was the key in this pick and the gamble did not work out.
11/10/08 0.008 0.009 0.008 0.008 561,000 0.001 14.29%
11/7/08 0.01 0.01 0.006 0.007 676,100 -0.003 -30.00%
11/6/08 0.012 0.012 0.005 0.01 898,294 -0.002 -16.67%
See KNEC's historical prices yourself! Recording the emails and seeing the results on a third-party website, is proof that the system works.
http://www.hotstocked.com/companies/w/w2-energy-new-WTWO-historical-prices-92657.html
InternetArray Inc (IARY)
"Bonus pick for OTC Momentum subscribers! This stock was up 733% yesterday for no conceivable reason. Mark recommends you short this stock if possible. A lot of times it is very difficult to short a thinly traded penny stock as most brokerages don't have any shares in house to sell. If you can short it on Thursay at market open, DO!"
OTC Momentum subscribers sold IARY on Thursday for $0.005 and some bought back on Friday, there were no trades on Monday. Those subscribers who shorted IARY saw a 43% gain on the trade. Mark recommends that those who still want to trade IARY do so and keep the selling pressure which should result in more negative gains for the stock and more profit for you.
Last Trade: 0.0035 on Monday
Close: 0.005 on Wednesday