Having been trading for a few years, and now looking back in retrospect, it seems to me that VAST sums of money can be made in the OTC.BB market if you just have patience and are not looking for 100% returns daily. I have seen many OTC stocks go from like .60 to $4 in 3 months on low volume and not a lot of fanfare. It is my opinion that you can really make a fortune buying good OTC growth companies and holding for a few months. On the other hand, there is a reason why pinks are listed on the pink sheets, and these stocks really should NEVER be held for a long period of time, but instead, should be ridden like bucking broncos for a few hours or days (like PGPM).
My only problem has been finding OTC's while they are still under $1. For example, take FRPT (not pumping here). But in January, they were near $1. Now? Up near $4. I didn't notice them until Malloy posted a news article at 2.27 (and still didn't buy). That's a 500$ gain in 5 months. Another example, ZENX. Ran from .70 to 1.80 in 2 months this year. Also, CHYS... ran from the $1 to $6 range in a few months. Again, most people don't hear about these stocks because they aren't heavily manipulated by daytraders nor part of the pump and dump circuit. But there are hundreds of others out there.
So, my question for all of you.... know of any OTC.BB stocks that have good growth potential and are relatively undiscovered? Seen any good PR's about stocks on the OTC you never heard of?
I know of one perhaps. BSLM... haven't bought yet but beginning to radar.
List them here, and keep your damn pinks off this thread. Maybe we can all find a winner.
-------------------- Stick with Repo's plan in '07 - FRPT/DKAM!
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how do you find these stocks and what makes them a gem? my plan is to make 5-20% weekly-monthly. i welcome all opinions. thanks in advance for any response.
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ARCS -- ARC Wireless Solutions, Inc. Com ($0.0005)
COMPANY NEWS AND PRESS RELEASES FROM OTHER SOURCES:
ARC Wireless Reports Record Revenues And Earnings
WHEAT RIDGE, Colo., Mar 20, 2006 (BUSINESS WIRE) -- ARC Wireless Solutions, Inc. (OTCBB:ARCS) today announced operating results for the fiscal year ended December 31, 2005. Net sales were $39,657,000 as compared with net sales of $35,662,000 for 2004. The 11% increase in revenues is primarily attributable to the international expansion of the Company's wholly owned subsidiary, Winncom Technologies Corp. For the period ended December 31, 2005, the Company had a net income of $1,292,000 as compared with a net income of $688,000 for the period ended December 31, 2004. Income before income taxes increased from $741,000 in 2004 to $1 million in 2005. Included in net income for the year ended December 31, 2005 was an income tax benefit of $292,000 which was recorded in the fourth quarter. In 2004 the Company had an income tax expense of $53,000. Winncom's net sales rose 13% for the year ended December 31, 2005 compared to the prior year. Winncom's net income was partially offset by increased marketing expenses, along with other costs incurred to execute its business plan for international expansion, as demonstrated by its previously announced $55 million contract with Kazakhtelecom.
Randall P. Marx, Chief Executive Officer, commented, "2005 was an exciting and productive year for ARC Wireless. Winncom's investment in international expansion began showing a return in the fourth quarter, while the manufacturing division continued to improve its bottom line through the introduction of several new antenna solutions over the past 18 months. We continue to make progress with executing our business plan of consistent growth as evidenced by our third straight year of revenue growth."
About ARC Wireless Solutions, Inc.
ARC Wireless Solutions, Inc. is involved in selective design, manufacturing and marketing, as well as distributing and servicing, of a broad range of wireless components and network products and accessories. The Company develops, manufactures and markets proprietary products, including base station antennas (for cellphone towers) and other antennas, through its Wireless Communications Solutions Division; it is a value added distributor of Wi-Fi(R) and other wireless networking products through its Winncom Technologies Corp. subsidiary; and it designs, manufactures and distributes cable assemblies for cable, satellite and other markets through its Starworks Wireless Inc. subsidiary. The Company's products and systems are marketed through the Company's internal sales force, OEMs, numerous reseller distribution channels, retail, and the Internet. ARC Wireless Solutions, Inc., together with its Wireless Communications Solutions Division and its Starworks Wireless subsidiary, are headquartered in Wheat Ridge, Colorado. The Company's Winncom Technologies Corp. subsidiary is located in Solon, Ohio. For more information about the Company and its products, please visit our web sites at www.arcwireless.net,www.antennas.com,www.winncom.com and www.starworkswireless.com.
his is not a solicitation to buy or sell securities and does not purport to be an analysis of the Company's financial position. This Release contains forward-looking statements within the meaning of the Securities Exchange Act of 1934. Although the Company believes that the expectations reflected in the forward-looking statements and assumptions upon which forward-looking statements are based are reasonable, it can give no assurance that such expectations and assumptions will prove to have been correct. See the Company's most recent Quarterly Report on Form 10-Q and Annual Report on Form 10-K for additional statements concerning important factors, such as demand for products, manufacturing costs, and competition, that could cause actual results to differ materially from the Company's expectations.
SOURCE: ARC Wireless Solutions, Inc.
CONTACT: ARC Wireless Solutions, Inc. Randall Marx, 303-421-4063 randall.marx*arcwireless.net or Richard Anderson, 303-421-4063 (Fax) 303-424-5085 richard.anderson*arcwireless.net www.arcwireless.net Copyright Business Wire 2006
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CVVLF TOPLF APES AUTO (ONE OF MY FAV'S) GNSY GLE EPLN CYRO WAVX (NOT AN OTC BUT A DAMN GOOD STOCK) SWCC STFA NCNC OWENQ (ALITTLE OVER A BUCK BUT VALUED AT OVER $3)
-------------------- Damn, if he wasn't right.
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