Wednesday, February 10, 2010

Points Of Entry

     I just wanted to pop up and let you know that this may be a good time for a point of entry into a few stocks that I have been watching.  I will also touch on how my watchlist is doing.  I think SiriusXM (SIRI) is enjoying some success as a comeback and there is a movie coming out highlighting the company (press release below).  It had been stuck in the .70 range until just recently.  It closed at .86 yesterday.
It once enjoyed a $9 a share haitus.  You may want to throw a safe amount at this.  Oprah to host a live call in show February 11th about child molestation.  Oprah is big and this press release came out sixteen hours ago.  As Oprah leaves television, expect her radio show to get bigger.  


Entertainment: Movie about Sirius XM Radio Gets Worldwide Distribution Deal Previous Release

Movie about Sirius XM Radio Gets Worldwide Distribution Deal

Fans and investors celebrate Sirius XM's rise from the ashes, but will they thank Hollywood?

[ClickPress, Tue Feb 09 2010] Lots of movies get distribution without star names. "Paranormal Activity" was made for a mere 15,000 dollars and boasts an entirely unknown cast. To date, it has generated over 80 million dollars in domestic gross revenue. "It's a new day for independent films," says "Stock Shock" director Sandra Mohr. She should know. Her documentary just landed its own distribution deal and the future is bright.

"Stock Shock," a movie about Sirius XM and the manipulation of the American stock market, was produced in only 3 months. "We wanted to get the story out about corruption on Wall Street as soon as possible," says Mohr. "Investors were losing their shirts and wanted answers. How could banks and good companies be suddenly trading for pennies?" The director admits she had no idea she would be exposed to the corrupt underworld of hedge funds, criminal market managers, and greedy legislators in the process.

She's not the only director attracted by the drama of Wall Street. Michael Moore and Oliver Stone also made films about stock market manipulation and hedge fund schemes. But Sandra Mohr's “Stock Shock” was first out of the gate. The movie exposes a technique known as naked short selling, which has resulted in the collapse of the stock value of some of America’s most promising public companies. Sirius XM, often labeled as one of the most manipulated stocks in the market, is dissected in the movie. "Stock Shock" interviews individual investors who saw their stock price hit a high of $9.00/share and then plummet to a horrifying low of 5 cents in 2009.

Jane Velez-Mitchell, Host of Issues on CNN Headline News calls the movie "Shocking and eye-opening!" and radio host Jim Puplava of the Financial Sense Newshour says the film "deserves an Academy Award."

"Stock Shock" will be featured at the "Los Angeles Women's International Film Festival" on March 28 at the Laemmle Sunset Theaters in Hollywood, California.

Stocks That I Recommended

What is going on with my picks?

ITRO is hanging around .0003.  They are starting to get some press on their Silver manufacturing potential. 

ZVTK suffered from a massive profit taking and dropped down to a half a cent.  This one may be safe to get back into.  Yesterday they announced a channel expansion to carry new 60 second infomercial about the Ionic Bulb.

VTSI article was posted on CNN Money yesterday highlighting a seventh straight profitable quarter.  http://money.cnn.com/news/newsfeeds/articles/marketwire/0584793.htm  (currently at .085) 

I believe these are long holds and will result in a nice profit.

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