Week's top picks: TLLE (Buy), BMCS (Buy) and LDSR (Buy)
It's Harmon Wetton here.
We have an exciting week coming up with three OTC Momentum stock picks. Last week was break even for most subscribers as our commodities plays on oil and metals did not pan out. Recent drops in the dollar and OPEC's supply cuts did not result in increases in commodity prices. These may or may not happen in the near future but Mark is on top of it and will let me know if it is again a strategy.
There is a change to the way trades are recommended this week. Instead of the usual Thur/Fri-Mon trading schedule, Mark has alerted me to adjust the week's schedule to Thur/Fri-Tue with the Mid Week Follow Up sent to you on Wednesday. In this trading climate the weekend has put enourmous pressure on stocks, especially penny stocks, and that seems to show declines on Monday and increases on Tuesday. Subscribers should hold on to stocks until Tuesday instead of Monday.
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 Dec 18:
Teletouch Communications Inc. (TLLE.PK) - Short-term Buy
OTC Momentum workstations alerted Mark to the high probability of profitable trades on Teletouch Communications Inc. (TLLE.PK). Yesterday saw an explosion in volume for TLLE and it's likely to continue according to the bid/ask analysis. Mark believes that the 36% price gain the stock saw yesterday will continue the upward momentum. There's not much selling pressure on this stock and the huge increase in volume should sustain and grow the price, according to Mark. OTC Momentum recommends buying TLLE on Thursday or Friday during the day and selling on Tuesday (after the weekend pressure dissipates on Monday) at near close. This volitile stock could give us continued gains.
BioTech Medics, Inc. (BMCS.PK) - Short-term Buy
OTC Momentum workstations alerted Mark to the high probability of profitable trades on BioTech Medics, Inc. (BMCS.PK). Volume increased yesterday almost 13x but the selling pressure from that created a huge decrease in the price. The selling pressure is going away and BMCS should see a healthy recovery. Mark believes that this company financed their operations with restricted stock and has recently become unrestricted and is being sold by the financiers. Almost all the stock has been sold. OTC Momentum recommends buying BMCS on Thursday or Friday during the day and selling on Tuesday (after the weekend pressure dissapates on Monday) at near close. We could profit from it's turnaround.
LandStar, Inc. (LDSR.PK) - Short-term Buy
OTC Momentum workstations alerted Mark to the high probability of profitable trades on LandStar, Inc. (LDSR.PK). Recent news about LDSR has given the stock a boost in volume but the share price as stayed steady. It's a sub-penny stock which means volitility and wide bid/ask spreads. The analysis confirms Mark's belief that the range is adequate for trading and should see an increase in its share price. OTC Momentum recommends buying LDSR on Thursday or Friday and selling on Tuesday (after the weekend pressure dissapates on Monday) at near close. Now is the time for it to rise in price.
Early Morning Thursday Dec 11:
China Energy Corp. (CHGY.OB) - Short-term Buy
"OTC Momentum workstations alerted Mark to the high probability of profitable trades on China Energy Corp. (CHGY.OB). Yesterday CHGY experienced a drop of 20% in stock price but volume was up from 60k to over 400k. The sellers are running out of shares to sell and Mark believes this stock has no where to go but up. OTC Momentum recommends buying CHGY on Thursday during the day and selling on Monday or Tuesday when volume drops back down to normal. Subscribers should be able to get CHGY at $0.27 or better. This one could spike up big."
OTC Momentum subscribers were recommended to buy CHGY on Thursday and a lot of you emailed me that you received it at about $0.23 while some others got it at $0.27. Subscribers were also instructed to sell on Monday and did so at between $0.24 and $0.20. Since volume shot up on Monday, many of you did not sell and are hoping for a big day on Tuesday. This very may well happen. Overall, subscribers either broke even or lost at most 26% with tomorrow being another active day for most subscribers.
15-Dec-08 0.24 0.25 0.19 0.20 556,900 0.20
12-Dec-08 0.25 0.25 0.21 0.22 77,500 0.22
11-Dec-08 0.27 0.27 0.21 0.25 197,400 0.25
See CHGY'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=CHGY.OB
NEW ASIA GOLD CP (NWAG.PK) - Short-term Buy
"OTC Momentum workstations alerted Mark to the high probability of profitable trades on NEW ASIA GOLD CP (NWAG.PK). This is a pure momentum pick. Volume has shot up as well as the the stock price (up 17% yesterday). Mark calculates that based on the bid/ask NWAG will keep the upward momentum. OTC Momentum recommends buying NWAG during the day on Thursday and selling on Monday at near close. The asian market was been affected by the world wide downturn in the markets but their economies keep pumping out big numbers. This stock should keep the momentum."
OTC Momentum subscribers were instructed to buy NWAG on Thursday for $0.007 or better and sell on Monday near close. Overall, this pick broke even or profited a bit as some subscribers were able to sell for a better price on Monday. Interestingly, the volume shot up on Monday and those still holding shares may see some profitable results. I will keep you posted on the results.
12/15/08 0.0075 0.0075 0.007 0.007 806,869 -0.0005 -6.67%
12/12/08 0.007 0.0075 0.007 0.0075 157,833 0.0005 7.14%
12/11/08 0.008 0.008 0.007 0.007 273,900 - -
See NWAG'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/n/new-asia-gold-cp-NWAG-historical-prices-92683.html
LONGWEI PETROLEUM (LPIH.OB) - Short-term Buy
"OTC Momentum workstations alerted Mark to the high probability of profitable trades on LONGWEI PETROLEUM (LPIH.OB). Another 'energy' pick this week, the workstations have calculated this sector to have a big week. Mark believes that LPIH will keep the upward momentum after yesterday's 17% gain. Although there was a modest uptick in volume, the price increased and all indicators show that more volume increases are coming. OTC Momentum recommends subscribers buy LPIH on Thursday or Friday during the day and selling on Monday at near close. This oil stock should have a good week."
OTC Momentum subscribers were recommended to buy LPIH on Thursday and sell on Monday. This was a losing trade for subscribers as the price dropped from $1.31 to $1.00. Oil was in the news this week and it stated that OPEC and other oil producing states were cutting production in order to raise the price of oil. These stocks should see gains in the coming weeks even though they did not this week.
15-Dec-08 1.00 1.01 0.80 1.00 29,500 1.00
12-Dec-08 1.20 1.20 0.80 1.10 11,300 1.10
11-Dec-08 1.31 1.31 1.31 1.31 1,000 1.31
See LPIH'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=LPIH.OB
Early Morning Thursday Dec 4:
Perf Go Green Holdings, Inc. (PGOG.OB) - Short-term Buy
"OTC Momentum workstations alerted Mark to the high probability of profitable trades on Perf Go Green Holdings, Inc. (PGOG.OB). Yesterday saw a substantial increase in volume of 3x the 3m average but Thursday should see it spike even higer bringing the share price with it. Mark believes that the small upward price momentum (6%) should continue and subscribers should see a spike in share price as well. OTC Momentum subscribers are recommended to buy PGOG during the day on Thursday and Friday (if price stays steady) at $0.35 and sell on Monday at near close. There should be activity on this stock, hopefully it results in substantial profit."
OTC Momentum subscribers were recommended to buy PGOG on Thursday and/or Friday during the day and most of you got it at an average price of $0.24 as the stock dropped at opening bell to $0.21. Subscribers were also instructed to sell on Monday at near close. The closing price was $0.29. The trade was a success with subscribers earning an average profit of 21%!. Congratulations to all those subscribers who profited on trades with PGOG.
8-Dec-08 0.29 0.29 0.26 0.29 138,400 0.29
5-Dec-08 0.34 0.35 0.26 0.29 366,900 0.29
4-Dec-08 0.41 0.41 0.21 0.30 2,594,400 0.30
See PGOG'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=PGOG.OB
Paivis Corp. (PAVC.PK) - Short-term Buy
"OTC Momentum workstations alerted Mark to the high probability of profitable trades on Paivis Corp. (PAVC.PK). Although the share price dropped 29% yesterday, there was a huge movement in the volume. The 3 month volume average is just over 1 million shares traded but yesterday PAVC traded over 137 million shares. Mark believes that the sellers have unloaded their shares and the price will go back up to it's previous level. That means subscribers have a potential of 29% profit. OTC Momentum recommends subscribers buy PAVC at just after market open at $0.0005 and sell on Monday or Tuesday when volume drops. This huge trading volume should give us a nice profit."
OTC Momentum subscribers were instructed to buy PAVC at market open ($0.0005) and sell on Monday. This was an even trade for most subscribers as the stock was bought and sold at $0.0005. Even though subscribers didn't make (or lose) anything on this trade, the high possibility of profit made this a success. Some subscribers emailed me that they missed the open price and got it later in the day as it dropped down to $0.0002 during the day. This was not Mark's plan but sometimes mistakes make big profits, in this case 250% profit!
12/8/08 0.0004 0.0005 0.0003 0.0005 11,103,743 0.0002 66.67%
12/5/08 0.0004 0.0005 0.0002 0.0003 47,849,496 -0.0001 -25.00%
12/4/08 0.0005 0.0005 0.0002 0.0004 49,590,501 -0.0001 -20.00%
See PAVC'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/paivis-corp-PAVC-historical-prices-71282.html
WELWIND ENERGY INTL (WWEI.OB) - Short-term Buy
"OTC Momentum workstations alerted Mark to the high probability of profitable trades on WELWIND ENERGY INTL (WWEI.OB). Ride the momentum on WWEI. Mark believes there's no immediate selling pressure on this stock and the upward price momentum should continue. The huge spike in volume is getting this stock more exposure and it's not based on selling. OTC Momentum recommends subscribers buy WWEI on Thursday at market open and Friday is price stays within a comfortable range and selling on Monday or Tuesday at near market close. Momentum should push WWEI to more price gains."
OTC Momentum subscribers were recommended to buy WWEI on Thursday open and sell on Monday at near close. This was a losing trade with most subscribers earning at loss of 15%. Although this trade was a loss, Mark believed that the profit potential was there and wanted to remind subscribers not to pick and choose trades and follow the 2-4 picks each week as a whole. It's important to trade all of the week's picks because you never know which one(s) will hit big. Like the second pick of the week, if you were 'lucky' to miss the open and buy during the day, the loss was considerably less.
12/8/08 0.083 0.084 0.071 0.074 3,075,394 -0.0099 -11.80%
12/5/08 0.083 0.085 0.072 0.0839 2,243,089 0.0019 2.32%
12/4/08 0.097 0.104 0.0795 0.082 6,846,288 -0.014 -14.58%
See WWEI'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/welwind-energy-intl-WWEI-historical-prices-64024.html