PKPL UPDATE: Last week was a pretty solid week for PKPL, they locked up the joint venture that I was anticipating and as a result we saw prices run as high as .058 -- However, the interesting thing about last week was that all the action took place so immediately that we closed Friday on a strong 2 day pull back leading into the split which will seemingly take place after today's close (8/31). This puts us in an interesting situation, the price currently sits at .044 and I definitely think we still have room for atleast another 25% jump leading into today's close. HOWEVER because the joint venture has now been confirmed and the price has pulled back quite a bit, I have now shifted my strategy LONG. I think the future is definitely looking promosing for this company so if I don't see this 25% tommorow, my plan is going to be to hold. The few days after the split could still see large profits, although more often than not this is the period of selling off, as I had described earlier. Don't be alarmed, be patient, however you decide to go with this one, in my opinion, is a safe bet. Good luck!
ATNO: Another split? Why not! ATNO is preparing for an 11: 1 SPLIT and as you can already tell, I love profiting off of the short term hysteria that these things can create. This split is scheduled for close on 9/1 so i'm expecting tommorow and Tuesday to be strong up days, anything from .03-.045 is a very solid entry point. And again you can play this either way, (Long & Short) however here I am definitely looking for a nice short term flip. My goal would be to sell my shares at a high on Tuesday. Keep your eyes open for this one and Good Luck!
CWRN: Over the past few months CWRN has been one of my favorite stocks to follow, this is one of the more volatile Penny Stock's that I've run into, but it leaves a lot of room for profitabilty. This thing has absolutely no problem jumping from .0038 - .0052 in one day on absolutely no news (it's a bit wild like that). However, just the other day they dropped this bit of news on us -- Which in a nutshell says that -- they are meeting with China this week in Baja, California to discuss contracts for the shipment of their Iron ore, in addition, they will be sampling crude minerals for testing as part of their plan to get an environmental permit -- Yep, this could get interesting. As of now this stock is sitting at .0038, and during the past month or so of following this thing, I have not seen it dip below .0035 or so. This is a VERY solid entry point!! I typically play this stock both short & long, and my gut tells me that it has the potential to match the prices that were seen in March - May (.02-.07). Unless for some reason this visit in Baja isn't a success (or it is postponed) this is a very very solid play with some very serious profits looming!! Keep your eyes open... The news should be coming either this week or early next week. Good Luck!
0 comments:
Post a Comment