Happy Thanksgiving! I hope that it will be a good family time for all. I have family coming from West Virginia and we are looking forward to enjoying their company.
I announced early on that I would be giving you a little of my "pick history" so you can see that I have a knack for picking.
I was trading General Growth Properties (GGWPQ) back in April when it was at .80. It is now hitting close to $7.00.
Silver Wheaton SLW back in November of last year in the $2.50 range. It is currently at $16.81.
Eldorado Gold in November of last year at $2.82. It is currently $14.00
I owned Cost Plus World Market CPWM at .75. It peaked at $2.80 and is currently at 1.60.
I would have made a lot of money had I held on to some of these stocks instead of taking short, quick profits.
I have certainly learned that "patience is a virtue" and I am trying to practice that nowadays.
If you are interested in what I call my future picks, do your due diligence.......I have.
I will certainly come back and post my tracks on these and show whether I picked some good ones again or show that I have gotten rusty. My gut always seems to speak pretty well to me (I don't think it's indigestion).
My Latest Watchlist
ITRO http://www.itronics.com/
BIEL http://www.biolectronicscorp.com/
VTSI http://www.virtrasystems.com/
ROYL http://www.royl.com/
TGIC http://www.tgic.com/
IDOI http://www.idosecurityinc.com/
IMGG http://www.imaging3.com/
ASFX http://www.americansci.com/ and http://www.kidzmed.com/
Off to bed. Hope to talk with you soon. Don't eat too much.......yeah, right.
Thursday, November 26, 2009
Thursday, November 19, 2009
Building A Strong Position From Scratch
Good morning! Hope all is well for you. I wanted to go over a little bit about how, with a little patience, you can build a strong position in a company. Itronics is a company that I have on the radar. Thier stock has established a pattern of trading between .0020 and .0035, but mostly from the .0020 to .0028 range. This is a company that some may just throw $100 in at .0020 and just ride it to the big pop. That would get you 43,500 shares after a 12.99 brokerage fee (Etrade). If you happened to ride it up to the .0035 range, you could have sold minus the fee and banked $152. Buy back in at .0020 (minus the fee) and you just bought 69,505 shares....then you repeat, repeat and repeat......who knows how many shares you will have when a huge increase comes around. Don't get discouraged if you are out of the stock and miss the huge gain.........if you made a profit you have nothing to be ashamed of. There is another .0020 company we could find for you to do the same thing with.
I once in a five day period went from 4,000 shares of a company to 14,400 shares just by selling high and buying back on the dips. Remember, I am no genius. It is just a mixture of patience, luck (catching the highs and lows at the right time), and paying close attention to the pattern swings in the stock on a day to day basis.
If you find a company that you really believe strongly in but wish you had more money to sink in to it.........you can create that position by maneuvering in this manner. Just make sure you do not exceed the number of day trades you can execute in a 5 day rolling period (you will get a warning from your broker not to do it again-first offense-believe, me I know!). This number is three. If you are playing the same stock for a month, you have plenty of chances to fortify your holding.
Here is the latest news on Itronics: Have a great trading day!!
Itronics Reports Auric Gold Has Staked 90 Mineral Lode Claims; Project Covers 1,800 Acres
Itronics Is Expanding as a "Green" Natural Resources Company
RENO, NV--(Marketwire - November 17, 2009) - Itronics Inc. (PINKSHEETS: ITRO) (FRANKFURT: ITG) (BERLIN: ITG) wholly-owned subsidiary, Whitney & Whitney, Inc., reported today that its claim staking contractor has completed staking 90 mineral lode claims for Auric Gold & Minerals, Inc. (Auric). The project now covers approximately 1,800 acres of land and the claim staking is continuing.
Whitney & Whitney identified the polymetallic gold project, which is located in Nevada, and agreed to assist Auric acquire the highly prospective mineral property. The land acquisition is being accomplished by staking lode mining claims on Federal lands managed by the U.S. Bureau of Land Management.
Auric is a majority owned affiliate of Whitney & Whitney, Inc. and was formed to acquire multi-mineral (polymetallic) gold properties and to strategically invest in junior gold and minerals companies that provide the opportunity to develop and commercialize environmentally friendly polymetallic gold projects.
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Clean Technology" Company that produces GOLD'n GRO liquid fertilizers and pure silver bullion. Itronics, through its subsidiary, Itronics Metallurgical, Inc., is the only company with a fully permitted "Beneficial Use Photochemical, Silver, and Water Recycling" plant in the United States that converts spent photoliquids into pure silver and GOLD'n GRO liquid fertilizers. The Company is developing environmentally compatible mining technology, provides project planning and technical services to the gold mining industry, and operates the popular InsideMetals.com web site, http://www.insidemetals.com, which provides a value-added WORLD VIEW of Gold Producer Stocks, Mineral Producer Stocks, Junior Gold Stocks, and Junior Mineral Stocks.
Itronics has received numerous domestic and international awards that recognize its ability to successfully create and implement new environmentally clean recycling and fertilizer technologies.
The Company's environmentally friendly GOLD'n GRO liquid fertilizers, which are extensively used in agriculture, can be used for lawns and houseplants, and are available, along with liquid fertilizer injectors, at the Company's "e-store" catalog at http://goldngro.com. The popular Silver Nevada Miner bars are available at the Company's "e-store" catalog at http://www.itromet.com.
VISIT OUR WEB SITE: http://www.itronics.com
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
I once in a five day period went from 4,000 shares of a company to 14,400 shares just by selling high and buying back on the dips. Remember, I am no genius. It is just a mixture of patience, luck (catching the highs and lows at the right time), and paying close attention to the pattern swings in the stock on a day to day basis.
If you find a company that you really believe strongly in but wish you had more money to sink in to it.........you can create that position by maneuvering in this manner. Just make sure you do not exceed the number of day trades you can execute in a 5 day rolling period (you will get a warning from your broker not to do it again-first offense-believe, me I know!). This number is three. If you are playing the same stock for a month, you have plenty of chances to fortify your holding.
Here is the latest news on Itronics: Have a great trading day!!
Itronics Reports Auric Gold Has Staked 90 Mineral Lode Claims; Project Covers 1,800 Acres
Itronics Is Expanding as a "Green" Natural Resources Company
RENO, NV--(Marketwire - November 17, 2009) - Itronics Inc. (PINKSHEETS: ITRO) (FRANKFURT: ITG) (BERLIN: ITG) wholly-owned subsidiary, Whitney & Whitney, Inc., reported today that its claim staking contractor has completed staking 90 mineral lode claims for Auric Gold & Minerals, Inc. (Auric). The project now covers approximately 1,800 acres of land and the claim staking is continuing.
Whitney & Whitney identified the polymetallic gold project, which is located in Nevada, and agreed to assist Auric acquire the highly prospective mineral property. The land acquisition is being accomplished by staking lode mining claims on Federal lands managed by the U.S. Bureau of Land Management.
Auric is a majority owned affiliate of Whitney & Whitney, Inc. and was formed to acquire multi-mineral (polymetallic) gold properties and to strategically invest in junior gold and minerals companies that provide the opportunity to develop and commercialize environmentally friendly polymetallic gold projects.
About Itronics
Headquartered in Reno, Nevada, Itronics Inc. is a "Creative Clean Technology" Company that produces GOLD'n GRO liquid fertilizers and pure silver bullion. Itronics, through its subsidiary, Itronics Metallurgical, Inc., is the only company with a fully permitted "Beneficial Use Photochemical, Silver, and Water Recycling" plant in the United States that converts spent photoliquids into pure silver and GOLD'n GRO liquid fertilizers. The Company is developing environmentally compatible mining technology, provides project planning and technical services to the gold mining industry, and operates the popular InsideMetals.com web site, http://www.insidemetals.com, which provides a value-added WORLD VIEW of Gold Producer Stocks, Mineral Producer Stocks, Junior Gold Stocks, and Junior Mineral Stocks.
Itronics has received numerous domestic and international awards that recognize its ability to successfully create and implement new environmentally clean recycling and fertilizer technologies.
The Company's environmentally friendly GOLD'n GRO liquid fertilizers, which are extensively used in agriculture, can be used for lawns and houseplants, and are available, along with liquid fertilizer injectors, at the Company's "e-store" catalog at http://goldngro.com. The popular Silver Nevada Miner bars are available at the Company's "e-store" catalog at http://www.itromet.com.
VISIT OUR WEB SITE: http://www.itronics.com
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
Tuesday, November 17, 2009
A Lot Of Opportunity................BIEL and VTSI
Good morning! Sorry for the hiatus. Busy weekend. I have been doing my homework though. BIEL released the news we have been waiting for: BioElectronics Technology More Effective Than Extra Strength Tylenol® in Reducing Muscle Soreness in Clinical Study: ActiPatch Proved 50 Percent More Effective Than Acetaminophen.
With all the negative press about the health risks of Acetaminophen on the table, Actipatch is a great product for the aches of pains of life. ActiPatch technology truncates the human body's natural inflammatory response by breaking the cycle of chronic inflammation. ActiPatch does this by delivering sensation-free pulsed electromagnetic energy and RF waves directly to the affected area and driving out the edematous fluid along with byproducts of the damaged tissue. The effect is well documented and results in a significant overall improvement in the restorative and recovery process following a soft tissue injury. This speedier healing results in a significant reduction in the pain associated with the injury. ActiPatch has been used by thousands of people throughout the world and maintains a 100% safety profile.
Currently, Biolectronics is awaiting FDA approval and once it happens, there will be a substantial increase in pps (price per share). Also, remember that there are rumors floating about potential acquisition by a larger company.
BIEL is currently trading at around .10 a share. Get in while the getting is good!
VirTra Receives Firearm Training Simulator Orders from Top Police Forces in Georgia and Tennessee http://www.sys-con.com/node/1188650
VTSI (http://www.virtrasystems.com/) is a company I stumbled on a few months ago and have added them to my watchlist. I began watching them at .05 and they are currently at .095. They posted their sixth record breaking quarter in a row this month as news (and orders) of their product gain ground in the realm of law enforcement and military. Thomsan Reuters has given them an analyst rating of outperform. VirTra has already sold consecutive orders to Lockheed Martin as well as international and U.S. police forces and military. The simulation training products from VirTra is proven to save lives and federal and state government funding will aid in these programs being purchased.
VirTra Systems, Inc. manufactures, markets and sells its immersive virtual reality (IVR) products in two markets, which includes law enforcement and military. The Company offers two versions of its IVR 360-degree high-definition firearms training simulators: the IVR HD for use in marksmanship, conflict resolution, and situational awareness training of law enforcement and security officers, and the IVR 4G, for use in military firearms/marksmanship training, situational awareness, and fourth-generation squad-based training.
Watch the product video! http://www.virtrasystems.com/tr_video.html. Playstation and Wi, eat your heart out!!
With all the negative press about the health risks of Acetaminophen on the table, Actipatch is a great product for the aches of pains of life. ActiPatch technology truncates the human body's natural inflammatory response by breaking the cycle of chronic inflammation. ActiPatch does this by delivering sensation-free pulsed electromagnetic energy and RF waves directly to the affected area and driving out the edematous fluid along with byproducts of the damaged tissue. The effect is well documented and results in a significant overall improvement in the restorative and recovery process following a soft tissue injury. This speedier healing results in a significant reduction in the pain associated with the injury. ActiPatch has been used by thousands of people throughout the world and maintains a 100% safety profile.
Currently, Biolectronics is awaiting FDA approval and once it happens, there will be a substantial increase in pps (price per share). Also, remember that there are rumors floating about potential acquisition by a larger company.
BIEL is currently trading at around .10 a share. Get in while the getting is good!
VirTra Receives Firearm Training Simulator Orders from Top Police Forces in Georgia and Tennessee http://www.sys-con.com/node/1188650
VTSI (http://www.virtrasystems.com/) is a company I stumbled on a few months ago and have added them to my watchlist. I began watching them at .05 and they are currently at .095. They posted their sixth record breaking quarter in a row this month as news (and orders) of their product gain ground in the realm of law enforcement and military. Thomsan Reuters has given them an analyst rating of outperform. VirTra has already sold consecutive orders to Lockheed Martin as well as international and U.S. police forces and military. The simulation training products from VirTra is proven to save lives and federal and state government funding will aid in these programs being purchased.
VirTra Systems, Inc. manufactures, markets and sells its immersive virtual reality (IVR) products in two markets, which includes law enforcement and military. The Company offers two versions of its IVR 360-degree high-definition firearms training simulators: the IVR HD for use in marksmanship, conflict resolution, and situational awareness training of law enforcement and security officers, and the IVR 4G, for use in military firearms/marksmanship training, situational awareness, and fourth-generation squad-based training.
Watch the product video! http://www.virtrasystems.com/tr_video.html. Playstation and Wi, eat your heart out!!
Thursday, November 12, 2009
How To Grow Your Brokerage Account
Hey y'all. Ending a day in the market where there was a little bit of a slide....BIEL suffered from a little bit of profit taking like everything else. I stayed put.....primarily because my day job does not give me enough time to watch and analyze.
If you are starting an account (and you can with as little as $50.00), you can buy into something at the right time (when there is a dip in the price) and ride it for normally a few days until it goes up again. Sometimes greed (the idea that you will wait until it goes up more) will cost you because others will pull the trigger and take thier profits, causing the stock to come back down. For example, I bought Angiotech Pharmaceuticals at .33 one morning and watched it go up to .75 by noon! I didn't sell and it closed that day back in the thirties. You gotta know when to pull the trigger. I have learned that any profit is a good profit. You can sell minus the very small fee that an online brokerage charges. Then, you can wait and buy on the dip again. Get really good at this and repeat, repeat, repeat.....you're off to amassing your fortune.
I have found that on average, you can buy a stock on a dip and hold it for a few days......maybe a week or two...and you will catch the wave. This is certainly after watching one that has established this particular pattern (and most of them do).
Bioelectronics is a great example. For a few weeks, the stock slid all the way down into the fives......and a couple of days later it climbs over a dime. This is when you can take whatever amount of money you have and double it in a week. No financial institution out there can do that for you....but with a little homework..........you can do it for yourself!!
In closing I would just like to thank all of the veterans who have fought to preserve our great nation that enables us to have the kind of opportunities we have. God Bless!
If you are starting an account (and you can with as little as $50.00), you can buy into something at the right time (when there is a dip in the price) and ride it for normally a few days until it goes up again. Sometimes greed (the idea that you will wait until it goes up more) will cost you because others will pull the trigger and take thier profits, causing the stock to come back down. For example, I bought Angiotech Pharmaceuticals at .33 one morning and watched it go up to .75 by noon! I didn't sell and it closed that day back in the thirties. You gotta know when to pull the trigger. I have learned that any profit is a good profit. You can sell minus the very small fee that an online brokerage charges. Then, you can wait and buy on the dip again. Get really good at this and repeat, repeat, repeat.....you're off to amassing your fortune.
I have found that on average, you can buy a stock on a dip and hold it for a few days......maybe a week or two...and you will catch the wave. This is certainly after watching one that has established this particular pattern (and most of them do).
Bioelectronics is a great example. For a few weeks, the stock slid all the way down into the fives......and a couple of days later it climbs over a dime. This is when you can take whatever amount of money you have and double it in a week. No financial institution out there can do that for you....but with a little homework..........you can do it for yourself!!
In closing I would just like to thank all of the veterans who have fought to preserve our great nation that enables us to have the kind of opportunities we have. God Bless!
Wednesday, November 11, 2009
BIEL (Bioelectronics) is looking good
The following announcement from BIEL has the stock buzzing with a lot of activity today. The stock is up 12% currently on over 20 million shares traded. A lot of betting speculation that this report will send the stock flying as well as the hopefully soon-to-be-announced FDA approval. I have posted the press release below.
ITRO (Itronics) is down to .0023 and has not had any significant news. Keep an eye on this one. It is below the spot where I recommended a good entry point. It is hovering around where it could be a good buy. Good news usually sends this one up to around the .0030-.0035 mark.
If you win the Bullseye Jackpot on http://www.wallstreetsurvivor.com/, post your celebration speech! I forgot to play yesterday but I am playing today. Today's guess is Apple and the prize is $50 bucks. Good luck!
BIEL Press Release
BioElectronics Corp. (PINKSHEETS: BIEL), the maker of inexpensive, disposable drug-free anti-inflammatory devices, today announced that results from the recently completed acetaminophen comparison study will be released on Monday, November 16th after the close of the market. The study compares the effects of ActiPatch® Therapy to acetaminophen in the form of Extra Strength Tylenol® for the treatment of Delayed Onset Muscle Soreness (DOMS).
Participants in the study were randomly assigned to one of three groups, 1) a control group, 2) a group that used ActiPatch, and 3) a group that was treated with over-the-counter strength acetaminophen in the form of Extra Strength Tylenol. Each of the group's participants then evaluated their levels of muscle soreness and discomfort 48 hours after vigorous resistance training designed to induce delayed onset muscle soreness.
"The results for the pilot section of this study were highly significant with the ActiPatch group scoring its average level of muscle soreness and discomfort at much lower levels compared to either the control group or the acetaminophen treatment group," commented Andrew Whelan, CEO of BioElectronics, Corp. "We believe this is important research especially considering the many health concerns expressed by the U.S. Food and Drug Administration relative to Tylenol, NSAIDs and other over the counter pain medications. We believe ActiPatch and Allay are both safe and highly effective alternative therapies for those who suffer from pain and discomfort. We look forward to reviewing the full study data and submitting it to FDA in support of our current pending 510(K) applications and additional applications we plan to file in the future."
The study, which is Institutional Review Board (IRB) supervised and has been registered with the National Institutes of Health, is being conducted by principal investigator Sheena Kong, M.D. The principal investigator holds no financial position in any form in the study's sponsor, BioElectronics Corp., and will receive no financial compensation of any kind for the completion of the study.
About BioElectronics Corporation
BioElectronics Corporation is the maker of ActiPatch® Therapy, RecoveryRx™ Devices, HealFast® Therapy (www.healfasttherapy.com) and the Allay™ family of inexpensive, disposable drug-free anti-inflammatory devices. For more information please see http://www.BioElectronicsCorp.com.
Tuesday, November 10, 2009
Bioelectronics
I have to give kudos to one of my trading buddies (future millionaire Frederik Ullholm) who found this stock a while back. It has came a long way since he purchased it and I jumped on the bandwagon as well. This stock is currently at .07 and has been as high as .122. They are currently in the process of becoming FDA approved for their products (they have a meeting with the FDA next week) This product is pain reliever in a patch and with all of the reporting on the negative effects of acetaminophen (Tylenol) on the body.....this may be the new high tech way to ease the pain of the future. Rumor has it that Dr. Scholls and Johnson and Johnson may be looking to swallow up this little Biotech. This company is even working on a product line for pet pain as well! (There is a market for everything.)
Upon FDA approval, where will this stock go? If a "big boy" buys the company, how much per share? All I know is that nobody likes to hurt and there is a lot of positive press about this company and it's products.
Highlights
•BioElectronics, the makers of inexpensive Drug Free, Anti-inflammatory Medical Devices and Patches.
•Recently chosen as "One of 9 Medical Breakthroughs That May Change Your Life."
•Approved for sale in over 20 Countries including Canada, Italy, India and Korea.
•Producers of two product lines, Actipatch for retail sales and RecoveryRx for medical sales.
How it works
The body's natural response to soft tissue trauma is a localized inflammatory reaction. The damaged cells separate to prevent the transmission of infection. The cells leak fluid and cellular components break down while the cellular debris causes inflammation, swelling and pain. This occurs following a variety of insults such as surgery, lacerations of the skin and soft tissues, sprains and strains, (including those of the low back), repetitive stress injuries such as plantar fascitis, carpal tunnel syndrome, tennis elbow.
This inflammatory response, which has a physiologic protective action, in fact creates an environment in which the healing process is actually prolonged or stalled in chronic wounds.
ActiPatch Therapy uses proven medical technology to truncate the body's inflammatory response (i.e. breaks the cycle of chronic inflammation). It does this by delivering pulsed electromagnetic energy directly to the affected area and driving out the edematous fluid along with byproducts of the damaged tissue. This provides a well demonstrated and significant overall improvement in the restorative and recovery process following injury. As a result the pain associated with soft tissue injury is often substantially reduced.
In Closing
Check out their website and and read up on this company (http://www.bioelectronicscorp.com). It may be very soon that you may find yourself in the recliner with an Actipatch on your knee, tending to that reoccurring sports injury of yours.
Upon FDA approval, where will this stock go? If a "big boy" buys the company, how much per share? All I know is that nobody likes to hurt and there is a lot of positive press about this company and it's products.
Highlights
•BioElectronics, the makers of inexpensive Drug Free, Anti-inflammatory Medical Devices and Patches.
•Recently chosen as "One of 9 Medical Breakthroughs That May Change Your Life."
•Approved for sale in over 20 Countries including Canada, Italy, India and Korea.
•Producers of two product lines, Actipatch for retail sales and RecoveryRx for medical sales.
How it works
The body's natural response to soft tissue trauma is a localized inflammatory reaction. The damaged cells separate to prevent the transmission of infection. The cells leak fluid and cellular components break down while the cellular debris causes inflammation, swelling and pain. This occurs following a variety of insults such as surgery, lacerations of the skin and soft tissues, sprains and strains, (including those of the low back), repetitive stress injuries such as plantar fascitis, carpal tunnel syndrome, tennis elbow.
This inflammatory response, which has a physiologic protective action, in fact creates an environment in which the healing process is actually prolonged or stalled in chronic wounds.
ActiPatch Therapy uses proven medical technology to truncate the body's inflammatory response (i.e. breaks the cycle of chronic inflammation). It does this by delivering pulsed electromagnetic energy directly to the affected area and driving out the edematous fluid along with byproducts of the damaged tissue. This provides a well demonstrated and significant overall improvement in the restorative and recovery process following injury. As a result the pain associated with soft tissue injury is often substantially reduced.
In Closing
Check out their website and and read up on this company (http://www.bioelectronicscorp.com). It may be very soon that you may find yourself in the recliner with an Actipatch on your knee, tending to that reoccurring sports injury of yours.
Monday, November 9, 2009
Getting Started With Just A Little....
I started this blog to make it known what I wasn't sure about for awhile. That anyone can start investing for themselves without the help of a broker and with a very small amount of money. I'm certainly no Warren Buffet. I am a struggling middle classer like most these days, trying to find a way to supplement my income. If you have been the least bit intrigued about the words "day trading" and "online brokerage account" but didn't know where to start....this information could be for you.
Zecco Trading (www.zeccotrading.com) is an online brokerage that I have an account with that can be started with as little as $50. The fee for making a trade is just $4.50. Some of the penny stocks that I will feature on this site may not be able to be purchased through Zecco due to the fact of Zecco's inexpensive trade fee (It costs them more to get the stocks for you than they charge so they choose not to carry some). This is a great way to get started without having a huge sum of money to invest.
They also have an online community (like a Facebook) where you can look at how other people are being successful and pick up some good stock tips.
As far as picks, I am still following ITRO (Itronics) and ROYL (Royale Energy). I am following a dozen or so stocks, but I will never publish one for endorsement unless I am for certain it has some great potential. This weekend was busy for me and I need to get back on the research wagon to find the next big thing. That is what is great about the stock market. There are thousands of companies out there (especially in the penny stock market) and any one of them could be the hot company of the future.
Please post any questions or comments. I'm here to serve. Have a great day! Don't forget to take a shot at the Bullseye Jackpot on www.wallstreetsurvivor. Free money......if you win.
Friday, November 6, 2009
Royale Energy ROYL
Royale Energy is an energy company I discovered a couple of weeks ago while doing some research. Yahoo Finance posts a one year target of $14 a share. October 16th, it had risen up to $4.09 a share. Since then it has fallen all the way down to 2.38 (this past Wednesday). It rose yesterday, to close at 2.68 (day high was $3.13) due to a press release of a new field discovery. Of course, a great entry point would have been before close on Wednesday, but I believe there is a strong move ahead for this company. Jim Cramer even featured ROYL on his website, http://www.thestreet.com/ (great site!), yesterday. This is not a penny stock. It is traded on the NASDAQ. It is also owned by Bank of New York Mellon as well as Vanguard Mutual Funds. You may just have this company tucked away somewhere in one of your 401K's and don't know it.
I love finding microcap companies that can make you a huge profit, but I love to find stable companies under $5.00 that I believe are solid investments. ITRO (http://www.itronics.com/ ) is one that I spoke about two days ago that are one of these subpenny companies that I think will be a good investment. If you have $100, at the current price, you could buy 33,333 shares. If it went to .25 a share, you would end up with $8333.00.
This is the beauty of this game. You could buy $100 worth of lottery tickets and win $150 (if your lucky) or you could own part of a company for $100 and who knows where it may lead.
I've written enough today. I better get back to my real job. Don't forget to try your hand at http://www.wallstreetsurvivor.com/. I missed the winning share price by two cents yesterday on the Bullseye Jackpot. Remember, you can revise your share price guess up until 3pm. Have a great day!!
About Royale Energy
Headquartered in San Diego, Royale Energy, Inc. is an independent energy company. The company is focused on development, acquisition, exploration, and production of natural gas and oil in California, Texas and the Rocky Mountains. It has been a leading independent producer of oil and natural gas for over 20 years. The company’s strength is continually reaffirmed by investors who participate in funding over 50% of the company’s new projects. Additional information about Royale Energy, Inc. is available on its web site at www.royl.com.
Thursday, November 5, 2009
Wall Street Survivor
Good morning! I hope all is well. I just wanted to bring attention to one of my favorite sites, http://www.wallstreetsurvivor.com/. It is a financial site that has a free contest where you can test your skills in the market by having a fantasy portfolio. They give away money for having the top performing portfolio as well as a daily game called "Bullseye Jackpot" where you guess the final price on the featured stock of the day. "Bullseye Jackpot" is a daily game where this site gives away $50-$150 a day for the correct guess. It's free to sign up and a great way to learn a little about the market. A very informative site. I recommend it!
Wednesday, November 4, 2009
About Me............
I started my blog by just giving a stock tip. I didn't even tell you anything about me. Am I credible? I have been studying the stock market for about four years. As I studied and watched and researched, I found that I had a knack for picking some pretty good entry points into a company at just about the right time. I will be posting some of my picks from over the last year. Good and bad. No one is perfect......but my picks have been pretty darn good.
One of the first stocks that I purchased was CTIC (Cell Therapeutics) at 9,000 shares at .05. It's 52 week range was .05-2.23 and is trading at .97 currently. I sold this stock at .18. I watched in horror as it surged to where it did. You do the math and see the potential profits that slipped my fingertips.
I learned a little more patience as I have matured in my new hobby. I will give you some more history on myself and more picks that I think you could profit from (always do your own due diligence - I encourage it.) My blog is advice - and good news that I have to share. I hope you enjoy the read.
I have been in the car business successfully for ten years. I have been married to a wonderful woman for 17 years (my wife Patricia) and I have two wonderful daughters (Hali and Hannah). My goal is to become one of the top stock prognosticators in the business. Lofty goal, huh? It's good to have a plan.
One of the first stocks that I purchased was CTIC (Cell Therapeutics) at 9,000 shares at .05. It's 52 week range was .05-2.23 and is trading at .97 currently. I sold this stock at .18. I watched in horror as it surged to where it did. You do the math and see the potential profits that slipped my fingertips.
I learned a little more patience as I have matured in my new hobby. I will give you some more history on myself and more picks that I think you could profit from (always do your own due diligence - I encourage it.) My blog is advice - and good news that I have to share. I hope you enjoy the read.
I have been in the car business successfully for ten years. I have been married to a wonderful woman for 17 years (my wife Patricia) and I have two wonderful daughters (Hali and Hannah). My goal is to become one of the top stock prognosticators in the business. Lofty goal, huh? It's good to have a plan.
Tuesday, November 3, 2009
ITRO: Good entry point: .0024-.0025
I stumbled upon this company while doing some research. Itronics Inc. is an inventor and developer of the beneficial use photochemical, silver and water recycling technology that produces environmentally beneficial GOLD'n GRO fertilizers and silver bullion. It is an environmental process technology company that has developed technology for photochemical recycling. The Company, through its subsidiary, Itronics Metallurgical, Inc., extracts more than 99% of the silver and virtually all of the other toxic heavy metals from used photoliquids and use this beneficial use photochemical, silver and water recycling technology to produce environmentally beneficial chelated liquid fertilizer sold under the trademark GOLD’n GRO, animal repellant/fertilizer to be sold under the trademark GOLD’n GRO Guardian and silver bullion. It also provides development planning and technical services to the mining industry. The Company has two business segments: GOLD’n GRO Fertilizer and Mining Technical Services.
What a pair of distinct products from recycling. Pure silver buillion and high mineral fertilizer. This company is a pink sheets company.....but they are just getting cranked up. Silver has increased phenomenally in price and Itronics has begun cranking out this high mineral fertilizer in where else but California. (I wonder if sales are up in Medina). The Silver aspect of this company really excites me.
"The volume of nutrient metals produced will have a noticeable impact on reducing the costs of raw materials needed to manufacture its line of GOLD n'GRO liquid fertilizers while increasing silver production by over $3.6 million. The Company also said it would be able to recycle steel wool recovery cartridges used in the photo industry, dramatically increasing the source of silver-bearing materials -- and the nutrient metals needed to manufacture fertilizer." - taken from an Itronics press release on Oct. 22.
I started following this stock at .0016 and have seen it raise to .0036 (52 week high). This stock is its infancy. It currently is at .0033 but it mostly fluctuates between .0028 to .0031. I'm hoping it dips back down so that I can get in a little lower to make a little more profit.
What a pair of distinct products from recycling. Pure silver buillion and high mineral fertilizer. This company is a pink sheets company.....but they are just getting cranked up. Silver has increased phenomenally in price and Itronics has begun cranking out this high mineral fertilizer in where else but California. (I wonder if sales are up in Medina). The Silver aspect of this company really excites me.
"The volume of nutrient metals produced will have a noticeable impact on reducing the costs of raw materials needed to manufacture its line of GOLD n'GRO liquid fertilizers while increasing silver production by over $3.6 million. The Company also said it would be able to recycle steel wool recovery cartridges used in the photo industry, dramatically increasing the source of silver-bearing materials -- and the nutrient metals needed to manufacture fertilizer." - taken from an Itronics press release on Oct. 22.
I started following this stock at .0016 and have seen it raise to .0036 (52 week high). This stock is its infancy. It currently is at .0033 but it mostly fluctuates between .0028 to .0031. I'm hoping it dips back down so that I can get in a little lower to make a little more profit.
Subscribe to:
Posts (Atom)